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Locks are the traditional industry of China's hardware industry
Dec 11, 2018

Locks are the traditional industry of China's hardware industry


As the cost of raw materials has increased, some lock companies have adopted price wars, which has increased the disorderly competition in the lock market and increased the development of the lock industry.


Locks are the traditional industries of China's hardware products industry. Under the background of global economic integration, the lock industry strives to change the development ideas, meet the needs of consumers at different levels at home and abroad, and achieve a sound and fast development of the lock industry. Recently, the prices of metal raw materials such as copper and zinc have fluctuated downwards. In order to recover funds and reduce inventory pressure, customers have saved sales and increased sales of door and window locks. The introduction of measures to expand domestic demand eased some of the pressure caused by the financial crisis, and the domestic sales of doors and windows locks rose significantly. In short, the door and window locks have an unprecedented trend of development. Autumn and winter home decoration increased, door locks, handle locks, anti-theft locks and hinges, door suction and other products have a good trend, large volume; chain locks, motorcycle padlocks and disc locks and other products are also popular with consumers, sales considerable. In terms of export, foreign investors mainly rely on inquiry and return, and the wait-and-see atmosphere is strong.


Raw material price fluctuations, hardware locks, industry prospects


However, there are certain problems in the door and window locks. These problems also need to attract the attention of the door and window lock companies, and continue to upgrade the door and window lock industry to an unprecedented height.