Under the impact of the epidemic, what is the development trend of various playground equipment factories?
As we all know, the world is in an unstable environment. Due to the impact of the epidemic, the trends of all industries are tending to decline, but there are often opportunities in crises. Then we can analyze, those factories can still benefit from the epidemic, what are the reasons, and those that were eliminated in the epidemic, let us do a brief analysis today. We must have such an idea that the world economic environment has been hit so hard, everyone seems to have pressed the pause button, and friends around are complaining that money is hard to make, so are there still well-developed playground equipment companies? So what are the common characteristics of these companies, and why they can still develop well under the premise of a bad environment? Today we will discuss this topic.
Why are some playground equipment companies not affected by the epidemic, but have developed better? In the face of the world's impact on the epidemic, what is the impact of various types of Playground equipment factories? Generally, we can divide factories into three categories:
World-class factory,
Yonglang Group Company Ltd,
Cheer Amusement （Nanjing） Co.,Ltd.
Nanjing Wande Sports Industry Group Co.,Ltd
For this type of companies, they enjoy a world-class brand effect, the brand premium is high, the brand is deeply ingrained in people's consciousness, and their markets are mainly concentrated in developed countries such as Europe and the United States, even in a bad environment. They can still have an absolute competitive advantage. In addition, because of the skyrocketing shipping costs, products with higher value can give consumers a more balanced mentality. Therefore, under the epidemic situation, this type of factory Not only has it not been impacted, but it has developed better.
Medium Enterprise：
Angel Playground Equipment
Huadong Entertainment Equipment Co.,Ltd
WenZhou Dream Garden Amusement Equipment co. ltd
The impact of this type of factories is mainly reflected in the low popularity and low brand premiums. The main markets are in Southeast Asia and South America. Countries with poor economic conditions have been affected by the epidemic and skyrocketing shipping costs. Generally, are in a state of loss. But fortunately, with the accumulation of customers for many years, in the case of a slight improvement in the environment, the probability of a rebound is higher. Moreover, among the customer groups who are more concerned about the price, they can also grab a part of the market share from the high-end market, especially some customers pay more attention to quality, but are unwilling to accept the high cost brought by the premium of world-class brands, they will prefer to choose This type of business acts as their supplier. This is also the strength of such enterprises to survive.
Family workshop
Family workshops are small factories based on households. They mainly do some low-end markets, such as India and some neighboring countries. They mainly target customers who don't care about quality and price. Under the circumstances of the epidemic and skyrocketing shipping costs, they lost orders, and some small factories closed because of this. This type of factory is the most uncompetitive group under the epidemic, and it is also the first factory to be eliminated by the market.
This is our analysis of the current market situation for playground equipment industry. We hope that the market can recover as soon as possible and the world economy can recover.
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