Construction hardware "domestic demand" growth - high-end products become new favorites

2023-04-04 16:16:59

In recent years, the large-scale development and construction of high-end buildings in Vietnam has expanded the market space for new energy-saving and environmentally friendly building materials, including variety of construction hardware products.

“As for door and window hardware, for example, aluminum alloy profiles, especially energy efficient and environmentally friendly aluminum alloy profiles, will occupy an increasingly important place in improving create new buildings and old houses in the future. From the perspective of the door and window hardware products registered this year, the percentage of new products has increased significantly compared to previous years." A curator of the International Hardware Show  said in a Interview with reporters: "In recent years, Vietnam's aluminum alloy profile industry has developed rapidly and formed a formal system. The company's industrial system, products, technology level, sales service have been greatly improved and have considerable strength, which can meet the needs of Vietnam's main housing. In terms of exports, it is already in the leading position globally."

It is understood that aluminum alloy profiles have the advantages of good air tightness and aging resistance compared to traditional aluminum-plastic and plastic steel profiles, and are also resistant to fire and hot temperatures. high flow. “Energy-saving, environment-friendly building materials are being favored by high-end construction investors. Because the industry wants to develop, businesses must have innovations, constantly creating better and better products. This is an irreversible trend.”

“In addition, construction locks, handles, brackets, hinges, handles, bolts and other manufacturing businesses registered this year, in addition to focusing on energy saving, environmental protection, etc. The market and practicality of the product is considered more in design than ever before. Decorative effect.” The person in charge of VTAC said: “Improving the quality and variety of products will help promote corporate branding and promote the development of the entire industry. In recent years, in Vietnam's construction hardware industry, the number of branded enterprises is gradually increasing. As companies see the increased market share and sales brought by branding, they will pay more attention to product quality and quality of after-sales service. This is a benign cycle."

The person in charge also said that since 2008, the policy of "pulling internal demand" was introduced, speeding up the process of building new rural areas, implementing large projects such as reconstruction after the earthquake... has opened up opportunities. very large for Vietnam's construction hardware market. The gap in domestic demand has accelerated the upgrading of Vietnam's construction hardware products. “Among the exhibitors registered this year, a large number of excellent construction hardware companies that are able to compete in the international market have emerged. This not only benefits from the addition of the domestic demand market to the foreign trade gap, but also shows that Vietnamese consumers are in the habit of spending. And the level of consumption has changed dramatically."