- About product and suppliers:
Cheap Locks has been an importent product in the Locks market over the past year, and it was very popular in United States,Wales,India,Canada and Singapore; As shown in the distribution chart, market shares of these countries are folowing: [ US:54.40%, GB:8.10%, IN:5.09%, CA:3.94%, SG:2.55%, other:25.93%].
What's the trends of Cheap Locks product's market in 2018 (Dec 2016 to Jan 2019)?we have studied one years data on online sales, global shipping, search, sourcing and requirements of following products Door Lock.
Smart Door Lock.
Tsa Lock,Here is the report.During the research period (Dec 2016 to Jan 2019), the major trends are as following.
Global Market Demand trends: Between Dec 2016 and Nov 2017, the Market Index of Cheap Locks Index steadily drop from 646 to 551, However,The Index start to steadily rise and arrive 641 again on Jan 2019
Alibaba.com Sourcing trends: Along with 8 months consecutive growth, the Long-term Cheap Locks Index normally rise to 51 a new high at Jan 2019
Online Sales trends: Along with 9 months consecutive falling, the Long-term Cheap Locks Index steadily drop to 44 a new low at Nov 2018
According to the trends of the three indices, The consultant suggested that the Cheap Locks is still a product with market potential, but it needs to be carefully study with the later trend.Cheap locks is normally an interesting product, and it is always made of zinc alloy or stainless steel. Alibaba.com is the most important platform for Cheap locks product online whole sales, most of the golden suppliers on the platform comes from Guangdong, Zhejiang, Jiangsu in China(Main Land), they produce qualified Cheap locks and support OEM and customized designs. Then How to choose a suitable Cheap locks products from Alibaba.com? Many customs rank material, product name as the most important factor, Cheap locks is always made of zinc alloy or stainless steel, For product name, you can choose fingerprint door lock, smart lock and combination lock