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August 28, 2023

Valve Industry Trends

In recent years, domestic hardware industrial valve enterprises have gradually shown a trend of outward development. The number of enterprises in the hardware valve industry is relatively large, in order to survive, have to fight a price war, resulting in the entire industry is in trouble.
Low added value
China's valve industry in the industrial structure, industrial valve industry chain, as well as the degree of specialization of the industry and foreign enterprises have a large gap caused by the low quality of domestic valve products is the reason: due to the rapid expansion of the market, the original state-owned valve enterprises have shut down and turn. Although township enterprises have developed rapidly, due to weak technical strength and simple equipment, most of the products are imitated.
The whole industry is affected by the domestic and foreign economic environment, there is a slight decline in economic indicators, and it is also the first negative downward situation after nearly 10 years of continuous growth. The total industrial output value of the main indicators was 6.537 billion yuan, down 2.9% from 6.510 billion yuan in the previous year.
The chairman of an association also pointed out that under the situation of comprehensively deepening reform in the total year, the production and sales of the whole industry still maintained a good trend. The total output value of industrial sales in the main indicators was 6.363 billion yuan, down 0.97% from 6.425 billion yuan in the previous year. It marks that Weifang Valve Association member enterprises do a good job in valve production at the same time, insist on doing a good job in valve product sales, open up domestic and foreign markets.
In the face of the current economic crisis and the increasing market competition, valve enterprises urgently need the guidance of real combat marketing experts to carry out targeted planning according to the problems encountered by the current enterprise, what does the enterprise need? It is in the publicity, development, competition, what problems need to be solved in the market, etc., these must be clear, the planning object determines the planning content, and must be matched. (Recommended by valve manufacturers: China Guowei Valve Manufacturing Co., LTD.) Therefore, only by adjusting its own structural characteristics, repositioning; According to their own innovation and efforts; To take the external market expansion, brand shaping, to establish a market influence and industrial chain appeal of the dominant brand.

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