After the new crown epidemic, the sand washing machine industry has ushered in a new round of development. The development of markets in various countries has to a large extent driven the recovery of the world’s sand washing machine industry. The current development status of the world’s sand washing machine industry is mainly reflected in the following aspects.
1. The world demand market continues to grow
After the crisis era, with the recovery of market demand, the demand for sand washing machines has also continued to grow. With the support of national policies for the sand washing machine industry, there is considerable demand for sand washing machines in Europe, America, and other Asia-Pacific regions.
2. Market concentration is increasing day by day
In the fierce market competition, multinational sand washing machine companies use their increasing purchasing power to form a far-reaching business alliance with sand washing machine suppliers, which further reduces the living space of small companies. Competition has led to small and medium-sized enterprises or non-professional sand washing machine manufacturers withdrawing from the market in different ways, gradually forming a competition pattern monopolized by several giants. In addition to the Chinese market, the world’s top ten sand washing machine manufacturers account for nearly 70% of the market share, and the control of the entire industry is concentrated in a few companies.
3. Global industrial transfer activities have intensified
While the adjustment of the global economic structure is further deepening, the production methods and management modes of the sand washing machine industry are also undergoing profound changes. From the perspective of the competitive landscape, the world’s sand washing machine industry is currently in a three-sided competitive landscape, in which the high-end market is dominated by European companies. Developing countries represented by China are gradually expanding the Gaorui market while occupying the low-end international market.
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