Sheet metal industry as an important sub-industry in the metal forming and processing industry, is the foundation of the machinery manufacturing industry, the degree of its development to reflect the competitiveness of a country's manufacturing process technology, and its products involved in the automotive, electronics and electrical appliances, communications, medical equipment, machinery, ships, aviation and many other fields, the scope of application is very broad. At present, China's stamping sheet metal industry with the introduction of foreign advanced technology, equipment and process technology has been the continuous development of the future of China's sheet metal industry will continue the momentum of structural adjustment, but at the same time will continue to appear some bright spots: sheet metal enterprise polarisation will intensify, some do not adapt to the market competition of the enterprise will be through different channels to exit the market competition, and the sheet metal giants will gradually come to the surface. This article focuses on the future development of China's sheet metal industry in six major directions:

1. China's position as a global sheet metal manufacturing centre will be further consolidated

With China's integration into the global economic environment to speed up the process and the rapid rise of economic strength, China has become the world's most dynamic economic region. With better economic facilities, more mature industrial development and lower labour costs, China has the comparative advantage of becoming a global sheet metal manufacturing centre, and the outward-oriented development of the sheet metal manufacturing industry is obvious.

The strengthening of the status of the centre is firstly manifested in the comprehensive growth of the export of hardware products in recent years: the export growth rate of major sheet metal products is higher than the growth rate of production, and even higher than the growth rate of sales in the domestic market; the main sheet metal products have blossomed in a comprehensive manner, not only the power tools, hand tools, architectural hardware products, which are traditionally exported to the major categories of products have increased by a very high rate of growth, and the proportion of the previous exports of kitchen appliances and sanitary ware is not very large. The export growth rate in 2004 was also very obvious. Huge market and the centre of gravity will further attract sheet metal multinational manufacturing centre to China's transfer.

2、Cooperation between enterprises will be significantly strengthened

In the environment of global competition, in order to obtain a favourable competitive position and improve competitiveness, industrial capital is another theme of the industry operation. 2004 Nepal, Huadi has been listed, Hongbao is also in the listing of active efforts, and the capital market operation will not stop due to the restructuring of the failure of the Yuemei Ya. From the perspective of capital, the main feature of the current situation is that the expansion of capital is intensifying. From the point of view of competitive behaviour, the cooperation of resource sharing among enterprises is increasing.

3、Enterprise polarisation will further intensify

The next few years will be the sheet metal industry's high-speed shock period, a direct consequence of this high-speed shock is to lead to the current sheet metal kitchen and bathroom brand camp in the polarisation of the trend to expand. It is expected that in the next few years can really survive in the market sheet metal business is definitely not as much as it is now. But this high-speed shock in the sheet metal industry will bring great opportunities, the results of the shock will make the market operation more rational.

4. Competition among sales channels is also getting more and more intense.

Due to the domestic sheet metal kitchen and bathroom products oversupply, quality pressure increases, the sales channel has become one of the key competitive factors, the parties on the channel competition is becoming increasingly fierce. On the one hand, kitchen appliance manufacturers to strengthen the control of retail terminals, and strive to reduce sales links, saving sales costs, so that the sales channel to the direction of specialisation, enterprise sales model towards the direction of the development of the ability to adapt to a variety of markets at the same time. On the other hand, the trend of the development of the sales industry has led to the rising status of large home appliance chains, increasing their control over the industry, and participating in and triggering price competition that was previously dominated by manufacturers. Large retailers, with their broad market coverage, purchasing scale and cost advantages, in product pricing, delivery of goods and other aspects of the control of manufacturers will be increasingly.

5、Market competition will turn to high-quality, high-tech products

With the depth of competition, sheet metal industry chain at all stages of profit margins are compressed, the space for price reduction is increasingly reduced. More and more enterprises recognise that price competition alone can not establish core competitiveness, not the direction of long-term development, and thus strive to explore new development path. Many hardware enterprises have increased technological investment to develop new products with high technological content, take product differentiation as a long-term plan for enterprise development, seek new market demand, and establish new economic growth points (into such as small home appliances and other similar industries) in order to realise the sustainable development of enterprises.