In the hardware lock industry, entry barriers are relatively low, leading to a mix of branded, unbranded, and hybrid products. In 2011, the "three highs and two shortages" crisis hit Meizhou's hardware lock companies hard. However, some metal lock manufacturers with strong brand awareness took proactive steps to enhance their risk resistance. They focused on product quality, human-centered design, and advanced technology, integrating these elements into product development and production. This shift helped them accelerate transformation and modernization, giving them a better chance to thrive during the crisis. Ten years ago, consumers in the home decoration era had limited brand awareness when choosing locks. Locks were just ordinary items found in general hardware stores, lacking distinct identity or visibility. However, as the concept of branding in the hardware lock market has grown stronger in recent years, dedicated lock stores and specialty shops have gradually emerged and gained popularity. Before 2008, there was only one independent hardware lock shop at Bangpai Hardware in Meizhou. Starting from 2009, Huitailong began establishing its presence in Meizhou by opening a store in a hypermarket, creating a unique brand space that marked a new chapter in the local lock industry. Following this, major first-tier brands like Yajie Hardware entered the Meizhou market, setting up stores and bringing more visibility. Soon after, well-known door lock brands such as Golden Point Atomic, Tianan Lock, and Arthur also opened specialty stores, injecting new vitality into the hardware lock market. As a result, independent advertising for hardware locks began appearing across various media channels, further boosting the industry's growth. Today, with increasing demand for personalized home improvement, consumers are paying more attention to the brand value behind lock products. They now consider factors like lifestyle and property standards when selecting matching hardware locks. Over time, the brand identity of hardware locks in Meizhou has become more prominent, with companies gradually establishing their own exclusive stores, unique styles, and strong brand recognition. According to Luo Baihui, the secretary-general of the International Mould and Hardware and Plastic Industry Suppliers Association, China’s traditional lock market is estimated to be worth around 70 billion yuan. Most manufacturers are concentrated in Zhejiang, Guangdong, Shanghai, and Shandong. For example, Wenzhou in Zhejiang is known for traffic lock manufacturing, while Zhongshan focuses on door locks, and Pujiang specializes in padlocks. From the sampling results released by the General Administration of Quality Supervision, Inspection and Quarantine last March in Shanghai, Jiangsu, Zhejiang, Shandong, and Guangdong, the pass rates for spherical ball locks and marble pin locks increased by 6.9 and 6.4 percentage points respectively compared to 2008. In Meizhou, the financial crisis forced many lock companies to improve their quality significantly. During our market visit, we observed an increasing number of high-tech, high-quality, and high-end lock products available on the shelves. Looking at the industry's development trends, more attention is being given to user experience and product humanization. Companies are now conducting thorough research on consumer needs before launching new products. For instance, a hardware lock company aiming to develop single-tongue door locks for indoor use will study market conditions, user habits, and customer feedback to design a more functional and appealing product. They choose materials that resonate with consumer preferences to meet evolving demands. However, the lock market still faces challenges due to a lack of standardization and low entry barriers. Many products are homogenized, with little differentiation, leading to confusion and issues with authenticity. Middle and low-end products dominate the market, while high-end options remain scarce. As a labor-intensive industry, the lock sector lacks high specialization, resulting in fierce competition. Rising raw material costs have led some companies to engage in price wars, intensifying disorder in the market and making it harder for businesses to grow sustainably.

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