With the supply chain changed and more orders diverted to Taiwan, the Taiwan Hand Tool Manufacturers' Association (THTMA) will introduce a new hardware trade fair: Taiwan International Tools & Hardware Expo will take place this October 12 to 14 at the Taichung International Exhibition Center.

According to show organiser Taiwan Hand Tool Manufacturers' Association (THTMA), the new Taiwan International Tools & Hardware Expo (TiTE) was advised by the Bureau of Foreign Trade, Ministry of Economic Affairs. It is co-organised by the Strengthening Investment Services Project Office, NDF, the Taiwan Institute of Economic Research and the Taiwan Industrial Fasteners Institute and the Taiwan Plastics Industry Association and the Taiwan Machine Tool & Accessory Builders’ Association.Supported by the Importers and Exporters Association of Taipei, the Taiwan Aerospace Industry Association, the Taiwan Transportation Vehicle Manufacturers Association, and the Changhua County industrial Association, Taiwan Fastener Trading Association, Taiwan Fluid Power Association.

The product range is divided into six segments: tools and related accessories; auto repair supplies and car accessories; fasteners and fixings; gardening, outdoor, agriculture and home maintenance, metal processing equipment, testing equipment and industrial safety; construction hardware and locks. The on-site event will be accompanied by a virtual exhibition. More than 200 manufacturers have signed up for the exhibition to date, and the booth area is forecast to reach 6500 m². The Taiwan International Tools & Hardware Expo has an virtual exhibition hall combined with a conference system access to buyers and sellers.

Taiwan is the third largest exporter of hand tools in the world. The total export value of hardware and hand tools from Taiwan reached USD 4.79 bn (EUR 4.48 bn) in 2021, a noticeable increase of over 27.4 per cent compared to the previous year, breaking the historical value on the record. “This breakthrough shows that Taiwan has played a leading role in manufacturing tools and hardware around the world. Thus, we are prepared and excited to host a valuable Taiwan International Tools & Hardware Expo and gather this strong community together. The competitive bargaining power of suppliers in Taiwan fuels us today, and we are working diligently to create the productive platform for all,” said David Huang, Chairman of Taiwan Hand Tool Manufacturers' Association.

„

The competitive bargaining power of suppliers in Taiwan fuels us today

David Huang, Chairman of Taiwan Hand Tool Manufacturers' Association.

“The bargaining power must be enhanced if Taiwanese hand tools wants to get rid of the fate of OEM. Especially when clients have other suppliers to choose from, coupled with the unfavorable environment, negotiating prices will be more challenging. The value of Taiwan's supply chain has filled the industry with orders in the past two years, but it is necessary to plan for the adverse situations in the future by strengthening the brand value, expanding customer sources, and locating the best position in the industry chain,” said Yu Hsiang Chen, Chairman of Redai Precision Tools.

The Taiwan International Tools & Hardware Expo organized by THTMA has been affirmed by the Bureau of Foreign Trade, Ministry of Economic Affairs. With the government supporting cross-sector cooperation, this fair is intended to revitalise domestic and foreign markets. With the resources of foreign trade promoting TiTE domestically and internationally, the matchmaking will be held for international buyers.

As the industrial leading role in the South of Taiwan, the Taiwan Industrial Fasteners Institute acts as a co-organizer, fully integrating the resources of the Southern areas, promoting the exhibition area of Fasteners & Fixings, and creating the first cross-sector cooperation between "Central Hardware” and "Southern Fasteners” to grab global orders together.

The industrial community reaches a consensus on building a national team of tools and hardware. TiTE has drawn iconic exhibitors such as ALLPRO, Lucky-Brand, A- KRAFT, NUSHARP, REDAI, K&W Tools, Kuani Gear, King Point, PATTA, KEYENCE, MACHAN and more to be registered. More than 200 manufacturers have signed up for the exhibition to date, and the booth area is forecast to reach 6,000 sqm. Not afraid of the epidemic, these exhibitors demonstrate the cohesion of the industry and the determination to work on the global markets.

“In the past, the most common problem encountered by traditional Taiwanese businesses was that they could not integrate each stage of work required for digital transformation, or that they did not know how to analyse and manage data in practice such as optimising management and process,” said Boice Lin, Chairman of Merkle Taiwan. With more than 50 offices in 17 countries, Merkle has branches throughout the APAC, including China, Singapore, India and Indonesia, which can simultaneously provide overseas services. As a brand with leading experiences, it is confident to help the industry to open up territory under this wave of transformation, and will also share showcases to assist industry transformation at TiTE conference, the Taiwan International Hardware Industry Summit Forum.

Taiwan International Tools & Hardware Expo will present “Tools Kingdom. The

Best Supply Chain Around the World in Taiwan.” The expo is the premier gathering of iconic suppliers and international buyers throughout the tools and hardware industry.

For further registration information: https://hardwareexpo-taiwan.com/en-us or [email protected].

Contact Information

Lanza International Co Ltd

TEL: +886-2-7746-2868

E-mail: [email protected]

Website:https://hardwareexpo-taiwan.com/en-us

Add.: 9 Floor, No. 156, Sec. 3, Minsheng E. Rd., Songshan Dist., Taipei City

Company information

Lanza International Co. Ltd. was officially launched in September 2021 as a startup. With a proven record of success, the team is a professional organizer of trade fairs, conferences and press conferences, and specializes in business development, event marketing and design, as well as government procurement. In addition to delivering the Taiwan International Tools & Hardware Exhibition, Lanza has also been appointed as the agent of multiple exhibitions overseas in areas of beauty and biotech, health and elderly care, and blockchain technology.

share article