China's high-end mold market share will increase

In recent years, China imports molds for nearly US$1 billion a year. Among them, precision, large-scale, complex, and long-life molds account for the majority. Therefore, from the perspective of reducing imports, the proportion of such high-grade molds and hardware tools in the market will gradually increase. . In the future, China's mold and CNC tool industry will also be ranked in the world.

With the continuous development of China's mold industry, the demand and requirements for mold products are gradually increasing. And such improvement brings more impetus to the promotion of industry technology. In the future development of the industry, technological innovation is naturally the main factor, and technological upgrading is necessary. This is the most important condition for the rapid development of the industry and market demand.

At present, the domestic market has a large demand for medium-to-high-grade molds. Among them, household appliances, automobiles, and plastic products industries have the greatest demand for molds. It is understood that during the "Twelfth Five-Year Plan" period, the general trend of the mold market has been steadily increasing. However, domestic molds must meet the needs of users in terms of quality and delivery time.

In the international market, labor costs in industrialized countries have increased in recent years and they are being transferred to developing countries, especially Southeast Asian countries. Its domestic production of high-precision molds, labor-intensive labor-intensive molds rely on imports to solve. Therefore, the medium and low-end mold international market has great potential. As long as the quality of domestic molds can be improved, the delivery date can be guaranteed, and the outlook for mold exports is very optimistic. In addition, the country's mold standard parts demand is also great. At present, China has only a small amount of exports.

In the past year, the slow growth in demand for the Chinese tool market has been mainly due to the increase in tool life, the need for users to address the entire manufacturing process, the replacement of many machine tools and tools, and the increased use of multi-tools. Instead of many simple tools that used to be single functions.

Judging from the technological development trend of the machinery manufacturing industry, the proportion of high-efficiency CNC machine tools in China's factories will increase year by year, and the demand for efficient and advanced tools will increase rapidly. In addition, due to the increase in labor costs in China, the price advantage of middle and low-end tools will gradually be lost. For the current situation of increasing demand for advanced tools for numerical control machine tools, China's tool industry must change its philosophy, vigorously develop the production of high-efficiency cutting tools, pay attention to sales, but also pay more attention to after-sales service, and strive to occupy more market share.

Plastics and hardware industry is a traditional industry in China. It started earlier and matured. At the same time, it has also grown a group of small and medium-sized enterprises with potential. Under the current international competition environment, relying solely on its original advantages can no longer meet the requirements of modern trade processes. Compressing costs, and maximizing profits, accelerating the development of e-commerce has become an inevitable choice for the domestic plastic hardware industry to cope with the challenges of economic globalization, grasp the development initiative, and enhance international competitiveness. In the 21st century, e-commerce will become a hardware plastic. The main driving force for the growth of the trade in the machinery and mold industry.

China's modern machinery and plastics metal mold market is very active, plastic hardware products will become a new consumer hot spot and a new economic growth point, but the cruel market status and competition situation has put the relevant companies in the hardware and plastics industry chain to the edge of the cliff In the face of the pressure from the international market, domestic hardware and plastics companies have to overcome the unfavorable factors such as high raw material prices, increasingly fierce market competition, and excessive production capacity of some products, actively change business models, and use modern networks to highlight the functions of intangible markets. Realizing the tangible market and the intangible market at the same time, broadening the sales channels, tapping the potential of the company, and actively exploring the international market can enable the company to truly emerge from the predicament.