E-commerce brings new spring to power tool industry

At one time, China's power tool industry was always dominated by domestic sales. Especially before the 1990s, a large number of power tool companies entered the country, which, to some extent, affected the export of electric tools in China. According to statistics, the export volume of electric tools is only 20%.

According to relevant data, the largest market for electric tool sales is in North America, followed by Europe, third in Asia, fourth in Latin America, fifth in Oceania, and least in Africa. The proportion of sales of electric tools in all continents to the sales of electric tools in the world is as follows:

In recent years, China's power tools have become an export-oriented industry. External sales reached 85% of the total. The main target countries for exports are the United States and Germany in Europe. The reason for this gratifying change is that in addition to the efforts of our country's power tool companies, we have continuously improved our research and development capabilities and product quality, the variety of products has become more reasonable, and the speed of product updates has kept pace with international trends, and many power tool companies have played their own brands. The improvement of international competitiveness, etc., is also closely related to the growing maturity of China's e-commerce.

Major power tool manufacturers are actively using e-commerce sites to sell Chinese-made power tools overseas. There are as many as 1,065 power tool manufacturers that only promote online production in China. The total number of products reaches 10,571. Among them, Zhejiang and Jiangsu provinces have the highest ratios, reaching 50.8% and 16% of the total respectively. China Manufacturing Network’s information platform and high-quality commercial services have provided China’s power tool suppliers with strong support for the development of domestic and foreign trade.

In international trade and business activities, suppliers want their products to be known to as many buyers as possible, and buyers want to get to know and understand product suppliers to find the most suitable suppliers and partners. Based on this goal, China Manufacturing Network actively participates in exhibitions of electric tools industry both at home and abroad, among which are the famous Frankfurt Middle East (Dubai) International Hardware Exhibition, India International Hardware Exhibition, and Johannesburg International Hardware Exhibition in South Africa. Argentina International Hardware Exhibition, Spain Bilbao International Hardware Exhibition, Russia Moscow International Hardware Exhibition and so on. Successfully helped many electric tool suppliers and buyers to establish contacts and provide business opportunities, opening a convenient e-commerce portal for Chinese electric tools to enter domestic and international markets.

We hope that China's power tool industry can continue to enter the world stage on the platform of China Manufacturing Network, far beyond Europe and the United States, and is willing to make the power tools made in China stand at the top of the world.