Chinese stainless steel industry has gradually developed from the beginning of 1990s. After entering the 21st century, the export scale has expanded rapidly. It has been exported to more than 100 countries and regions on six continents, and its market share has continued to increase. Nowadays, the production process of domestic enterprises has become increasingly mature, the quality of products has gradually improved. The OEM/ODM foundry cooperation relationship is relatively stable, and the labor cost is relatively low. The industrial transfer has promoted the continuous expansion of domestic enterprises, the number is increasing and the technical level is constantly improving. At the same time, it has also greatly promoted the development of the domestic stainless steel market.

At present, Chinese stainless steel market mainly presents the following characteristics:

1)    The development of domestic urbanization process and the increase of residents’income promote consumption upgrade of stainless steel market;

2)    There are many types of stainless steel kitchen utensils, and all of the products have a good growth;

3)    The brand concentration of domestic stainless steel kitchenware market is low;

4)    Industry technology continues to improve and gradually integrate with the international standard;

5)    The scale of domestic high-end market has grown significantly and brand competition has gradually reflected.