Development prospect of small household appliance industry(3)
A complete industrial chain is conducive to development
There are many parts of small household appliances, and the industrial chain involves plastics, injection molding, motor, stainless steel, metal molding, control panel, LCD display, PCB circuit board, low process control chip, electronic components, hardware and other industries. The supporting system is perfect and the scale is large. The parts needed for the production of small household appliances can be easily found in China, which provides a good industrial soil for the vigorous development of small household appliances and technological innovation. With the advantages of small household appliances complete industrial chain, scale and perfect infrastructure, China gradually becomes the manufacturing base of global small household appliances, according to the research report of Merchants Securities, China has concentrated about 80% of global small household appliances production capacity.
