China Fasteners & Springs Mfg. Industry

An Expert's View about Machinery and Robotics in China

Last updated: 19 Jul 2011

China Fasteners & Springs Mfg. Industry Research and Statistics

Zhejiang province has most leading fasteners & springs mfg. enterprises, and among all top 100 large fasteners & springs mfg. enterprises across China, 26 are located in Zhejiang. According to China Fasteners & Springs Mfg. Industry Profile - the industry research report issued by Zeefer Consulting, Zhejiang, Jiangsu and Guangdong are the major production bases for fasteners & springs mfg. industry in China. Shanghai, Shandong, Hebei, Liaoning, Fujian, Beijing and Tianjin are the secondary distribution areas for this industry.

In terms of market size, in 2009, fasteners & springs mfg. enterprises above designated size achieved a sales revenue of more than USD 10 billion. Zhejiang, Jiangsu and Shandong ranked top 3 in terms of sales revenue, enterprises in these regions engaged in fasteners & springs mfg. production achieved a sales revenue of more than USD 7 billion. in all, taking a share of more than 60% of the gross sales revenue from above designated size fasteners & springs mfg. enterprises across China. On an annual average, total employees in fasteners & springs mfg. industry exceeded 195,000, a decline of more than 3% on a year-on-year basis. The total export delivery value exceeded USD 1 billion, a decline of about 35% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in fasteners & springs mfg. industry added up to more than USD 500 million, a decline of more than 6% on a year-on-year basis. The averaged profit margin of enterprises in fasteners & springs mfg. industry was higher than 4%. On average, the ratio of return on assets in fasteners & springs mfg. industry was higher than 5%.

In terms of market position of foreign enterprises in China, in 2009, there were more than 350 foreign enterprises above designated size engaged in fasteners & springs mfg. production in China, accounting for more than 15% of all fasteners & springs mfg. enterprises across China. Foreign enterprises in China fasteners & springs mfg. industry achieved a ratio of return on assets of more than 3%, lower than the industry average.

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Full content of China Fasteners & Springs Mfg. Industry Analysis:

http://www.allchinareports.com/china-machine-equipment-tool-industry/general-equipments-industry-analysis/china-fasteners-springs-mfg.-industry-research-and-statistics.html

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The analyses above are extracted from the industry report: China Fasteners & Springs Mfg. Industry Profile
 


Posted: 19 July 2011, last updated 19 July 2011

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