There are over 1,800 fastener manufacturers in Taiwan and half of them is located in Kang Shan, Kaohsiung.Nearly 70% of enterprises in the hand tool industry are concentrated in the Taichung and Changhua areas. There are over 90% Taiwanese hand tools suppliers are small and medium sized enterprises, so they are good at flexible and customized manufacturing.
Taiwan has the most complete supply chain of hardware industry in the world. Except for the upstream, midstream and downstream supply chain, all of the companies for manufacturing process like casting, polishing, forging…etc. can be easily found in the industry cluster. This cluster allows Taiwan to manufacture high-value premium products, and which has generated many hidden champions in Taiwan. With the highly development of automotive, house repair, mechanical manufacturing, and architectural hardware in emerging markets, the global demand for fasteners and hand tools has continued to grow year by year. Taiwan is known around the world as the “Kingdom of Hardware”. Today, in a saturated global market and faced with China’s rapid rise, Taiwanese hardware manufacturers have begun developing high value-added and innovative products targeting new customers and channels.