Brazil's domestic hardware market, the way hardware companies ready to make gains across the board
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by: frbiz
Statistics show that around 138,000 Brazilian building materials stores, the civil construction industry to create 15 million jobs (direct employment to 4 million). Building materials industries in the country of Brazil accounts for about 4.1% of GDP, 72% came from small and medium sized shops. According to a U.S. home building materials industry consulting firm report shows that 77% of the Brazilian residential care of themselves now in the state that is self funded, self-construction, there is a big growth market space. Meanwhile, 80% of the population require some degree of renovation, 70% of the population there and decoration, construction-related demand.
As we all know, the world hardware market, mainly in North America, European, Asian and North America the United States for the world's largest metals market, in recent years in Latin America, Brazilian hardware market is also very rapidly. Experts believe that only five chief and Brazil as to obtain the right to host the 2014 World Cup after he became the 2016 Olympic host country, Brazil, two major international sports events need to invest heavily in infrastructure, public investment and to stimulate the promotion of market liberalization. Because Brazil's natural resources, agricultural products [16.373.74%] in the international oil and natural gas, there is a continued and large demand for, as the global economic recovery, Brazil next year, GDP increased by 4-5%, while the 2010-2020 economic will maintain an average increase of 4.25%, about 2020, Brazil will overtake France and Britain as the world's seventh largest economy. In recent years the Brazilian economy has shown a good and stable development trend, diversified industrial structure in the current financial crisis in the trauma suffered minor compared to other European countries, China and Brazil increasingly close trade. According to the Brazilian Foreign Trade Secretariat, June 1, 2010 to the latest statistics, 1-May, Brazil exported 10.644 billion U.S. dollars to China, imports from China 8.759 billion U.S. dollars, up respectively 35.0% and 52.7% growth. China is Brazil's largest trading partner, largest export destination and second largest source of imports.
With the continuous warming of bilateral trade, bilateral cooperation in building materials and hardware market has burgeoned blend. If Reed Exhibition Group's international brands - Brazil International Building Materials Exhibition booth in short supply on the situation there. Organizers said the head of the Brazilian international household goods, interior decoration and the introduction of metal tools will greatly ease the development of the contradiction between supply and demand for Chinese hardware companies to provide more extensive marketing channels in South America.
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