At present, China's mechanical plastics and metal mold market is highly dynamic, with plastic hardware products emerging as a new consumer trend and a promising economic growth driver. However, the intense market competition has pushed many companies in the hardware and plastics industry to the brink of challenges.
Faced with growing pressure from the international market, domestic manufacturers are dealing with rising raw material costs, fierce competition, and overcapacity in certain product segments. In such a tough environment, it's essential for enterprises to adapt by transforming their business models. Leveraging modern digital platforms can help highlight the role of the intangible market, integrating both tangible and virtual sales channels. This approach not only broadens market reach but also unlocks hidden potential within companies.
Moreover, actively exploring international markets becomes a crucial strategy for long-term survival and development. By embracing innovation, enhancing efficiency, and expanding globally, hardware and plastics enterprises can overcome current obstacles and position themselves for sustainable growth.
Jiuzhi Plastics Network
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Foshan Extrlux Co., Ltd. , https://www.extrlux.com