Report Overview
China’s general hardware industry has an optimistic outlook for the coming year. Despite the lingering effects of the economic slowdown and increased anti-dumping restrictions, suppliers are looking forward to better sales in 2010.
Many are forecasting export growth of at least 10 percent in the next 12 months. After seeing overseas demand for the line plummet more than 30 percent in the first three quarters of 2009, companies expect orders to pick up steadily as the economic recovery gains momentum.
Aiming for better sales and margins, companies are releasing a greater number of high-performance models for general and special applications. Many are looking into alternative materials and surface treatment to accomplish this.
The report covers the major exports of China’s general hardware industry, namely fasteners, door, window and furniture fittings, mechanical and electronic locks, safes, tape and adhesives, and rope and twine.
