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  • Lockset Industry in Yiwu Market Witnessed A Smooth Sale

  • Source:Yiwu China Commodity Index Compiling Office Author:Yiwu China Commodity Index Compiling Office 2018-09-19
  •     The lockset industry in Yiwu Market is mainly located at 2F, District II, Yiwu International Trade Mart, with overall more than 280 shops and 330 business entities. The industry mainly deals with padlocks, drawer locks, chain locks, handle locks, ball locks, password locks, lock cores, key billet, key chains, handles, etc. Products of lockset industry are mainly exported to the Middle East, Europe and America, with the foreign trade accounting for over 65% of the total sales.
        As affected by the peak season, after two consecutive months’ fall in sales, the lockset products witnessed a  market rebound in August, and the overall sales increased slightly.
        Sales of traditional locks, such as deadbolt Lock , plug locks, furniture locks, bicycle chain locks, etc remained stable; small orders were placed on medium and high-end products including hand locks, anti-theft locks and magnetic card locks. Aluminum alloy padlock and copper handle, with favorable price, were sold well in the Middle East and South America; the password lock, with good appearance and strong practicality, was widely welcomed by merchants from Europe, America and Southeast Asia.
        With the development of intelligent security technology and the wide application of chips, the electronic fingerprint lock has been developing rapidly. Thanks to the technological changes made by the hardware lockset industry, the market share of products has kept increasing year by year. Wholesale and retail are available. With excellent quality and high technology, intelligent locks such as Fukai electromagnetic door lock, intelligent safety lock and electronic code lock realized smooth sales, and are expected to sold well in the future. Intelligent electronic fingerprint lock has a large market space and relatively high profit, as well as considerable after-sale services profit.