The North American market is second only to China in terms of cookware production capacity. In the U.S. alone, annual sales exceed 90 million (including aluminum, stainless steel, and electric cookware). In the Asian market, the Japanese market is very mature. Due to relatively expensive labor costs, most Japanese companies have begun to turn to overseas OEMs; Singapore and Malaysia mainly import; Cambodia, Laos and other countries have poor living conditions and low purchasing power; In contrast, India and Vietnam have faster economic growth, but brand advantages Not yet formed, the market has certain development potential. The European market is also a relatively mature market, with developed manufacturing and trade, as well as foreign trade. Therefore, the competition in the cookware industry has become quite fierce and entered a period of high barriers. In the Latin American market, due to the long-term implementation of the opening-up policy in Latin American countries, the trade of bulk commodities has maintained close contact with foreign markets, and foreign trade occupies an important position in the economies of various countries. The kitchen and bathroom industry in this market is underdeveloped and mainly relies on imports. Therefore, there is a larger market space. In the Oceania market, there is a lot of room for the development of the cookware industry in Australia, New Zealand and other countries. With the continuous entry of new immigrants, a suitable market size can be formed. Therefore, it is favored by global cookware merchants, and the competition is also very fierce. Africa is rich in resources and has huge market potential, occupying a special position in the world. For historical reasons, the African market has always been dominated by Europeans. In recent years, the United States has also begun to pay attention to this market and listed it as one of the ten emerging markets that will vigorously develop in the future. Therefore, the competition between the US and EU countries in this market will be very tough and intense.
Cooking utensils are an important part of my country's hardware industry. They are closely related to people's daily life and are the most basic household consumer goods in life. They are directly influenced by people's hobbies, lifestyles and quality of life. Before the 1960s, there were only wok or other simple cookware on the market. Even in the 1980s, there were only aluminum pots and iron pots in the cookware market, but aluminum pots were supplied by tickets and could not meet the demand at all. Since the 1990s, with the reform and opening up, the introduction of foreign advanced technology and the improvement of people's living standards, the demand for cooking utensils has become more and more extensive, especially when the vast number of consumers in my country are in a transition period from subsistence type to today's well-off type. , this need is more obvious. Therefore, from pressure cookers of different materials, non-stick pans, electric hot pots to induction cookers and other cookware products, a variety of advanced cookware have been launched, which greatly meets the needs of consumers. different levels. With the improvement of living conditions and the introduction of kitchen water, electricity, gas and other supporting facilities, conditions have been created for a wide variety of high-end cookware products to enter thousands of households, and at the same time, it also provides a broad space for the survival and development of cookware product manufacturers. and rare development opportunities.
March 24, 2022
