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Taiwan's Hand Tools Industry Overview 2020 |
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Taiwan's hand tools are the world's unsung champions! Every year, Taiwan's tool industry earns US$4 billion from exports of OEM wrenches and pliers. Globally reputed as the “Kingdom of Hand Tools,” Taiwan is one of the world's top three export countries in this sector, which is one of the island's most prominent industries. Nearly 70% of enterprises in the hand tool industry are concentrated in the Taichung and Changhua areas.
According to Taiwan's Department of Statistics, the number of plants and workers in the hand tool industry is steadily increasing year by year. As of 2017, there were 2,166 factories and about 48,000 workers.The majority of manufacturers are SMEs, and over 70% have fewer than 20 employees.With 70% of the factories centered in Taichung and Changhua, Taiwan's hand tool industry has a complete upstream, midstream and downstream supply chain. |
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Strong R&D and better products bring success to the company
Ever since founded in 1978, the Taiwan-based Chang Loon Industrial Co., Ltd. has been specialized in making wrenches, ratchet wrenches and related tools and accessories for nearly 40 years and promoted its newer ratchet wrench series, to underline its strong commitment to continuous improvements of functionality and quality.
Made of high-quality steel with Chang Loon's time-tested techniques and undergoing special thermal treatment, the ratchet wrench series all highlight higher torque, stronger structural durability and longer lifespan than their predecessor models. Plus, the tools' ergonomic handles provide a comfortable grip, while light weight helps greatly reduce user's fatigue. ... |
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