The trend of furniture hardware development is getting better

Over the past decade, the development of domestic furniture hardware has shown a clear upward trend. Several top-tier Chinese hardware companies have even made their mark on the global stage. As an essential component in furniture manufacturing, hardware plays a crucial role that cannot be overlooked. In the face of a constantly evolving and highly competitive domestic and international market, the furniture hardware industry must accelerate its pace to keep up with new challenges and opportunities.

Since the reform and opening-up policy began 20 years ago, China’s hardware industry has experienced rapid growth and gained more international recognition. However, many domestic firms still lack a deep understanding of foreign markets and industry standards. This gap has led to some painful lessons, as they now face increasing competition from both local and global players. To truly stand out, innovation has become a necessity rather than an option.

A report titled "China Hardware Industry Development Prospects and Investment Forecast Analysis Report (2013-2017)" highlighted that while China's hardware technology has improved significantly, it still lags behind some foreign counterparts. Companies need to focus on technological innovation, enhance product value, and move away from outdated business models. The development of the hardware tool industry should be prioritized, with attention given to new products, advanced processes, and faster technological progress. Innovation remains the core driving force for the future of the Chinese hardware industry.

Currently, the overall strength of China’s hardware tool industry is not yet strong. There is no significant advantage in terms of technology or industrial competitiveness. Many companies rely heavily on OEM production, lacking brand visibility and long-term competitive edge. The root cause of this problem lies in insufficient innovation, which leads to low-value products being sold at low prices. The blind pursuit of quantity has resulted in overproduction, a surplus of low-quality goods, declining prices, and shrinking profit margins year after year.

Independent innovation is not just a choice—it’s a matter of survival and long-term growth for companies. As market demands continue to evolve, businesses must stay proactive and prepared to tackle emerging challenges. To address issues like redundant construction, excess low-quality products, and cutthroat price competition, the only viable solution is innovation. Only through continuous innovation can enterprises achieve sustainable development and build a stronger future. Companies should compare their products with those of international competitors in terms of quality, design, variety, and functionality, identify gaps, and conduct targeted research to reduce risks and drive real progress.