Three major thrusts in the development of the window and door hardware industry

With the growth of the domestic economy, it is expected that the demand for door and window hardware in the domestic market will further increase.

The urbanization process is driven by the fact that door and window hardware products are used in public places such as shopping malls, office buildings, residential buildings, exhibition halls and other personnel to access frequently. Therefore, the development of the construction industry, the development of door and window hardware and the progress of urbanization in a country and a region have close relationship.

At present, China is in the stage of large-scale urbanization. As the largest construction market in the world, and the world’s largest consumer of door and window hardware, the pace of construction of new cities and the construction of public infrastructure has accelerated. In the next few years, The potential demand for hardware products will show an upward trend, and the market has broad prospects.

Opportunity to protect housing construction The leaders of the Ministry of Housing and Urban-Rural Development said that building 30 million sets of affordable housing in five years will have the effect of squeezing the current real estate bubble. At present, about 10 million people are entering the city each year. Now, affordable housing in large and medium cities has solved about 7% to 10% of housing demand. The "Twelfth Five-Year Plan" aims to solve 20% of housing demand by building affordable housing.

The introduction of "hard targets" for the construction of social security housing will lead to the construction of another real estate project with the protection of housing as the leading factor in the current real estate industry being suppressed by policies. This is a new development opportunity for the building materials, construction hardware, architectural decoration and home improvement industries driven by the real estate industry. The construction hardware industry will be awarded a “cup of tea” from the construction of affordable housing. It can be predicted that during the five years of the “Twelfth Five-Year Plan” period, the demand for the construction of affordable housing will be one of the important needs of these products for the domestic market, which will play a huge role in the overall development of the construction hardware industry.

The business opportunities of commercial real estate are currently under the influence of comprehensive factors such as the regulation of the property market and the transformation of real estate companies under urbanization. Commercial real estate such as shops and office buildings are continuing to heat up. Compared with the dull residential market, commercial real estate has not only blossomed in first-tier cities where its development has become more mature, but also the second- and third-tier cities have become the “treasures” for the developer’s Nuggets commercial real estate. In 2010, based on the pressure of national regulation and control policies and the increasing risk of the residential market, many real estate developers began to transition to commercial real estate. As the door and window hardware products are widely used in commercial buildings, the prosperity of commercial real estate will bring tremendous business opportunities to the door and window hardware industry.

At present, although certain areas of real estate in China, especially the residential market, have a certain bubble, the state imposes strict macroeconomic controls on the real estate industry. With the steady development of the national economy and the acceleration of the urbanization process, a large number of affordable housing development and the development of commercial real estate will inevitably increase the market demand for door and window hardware. Door and window hardware industry will surely have a sustained and rapid development.