Easy-open lid system covered the device so far, nearly 50 years of development history, the United States as the largest producer and consumer countries of the cans, before the monopoly of easy-open lid combination cover the operation of production equipment. Slack founded the easy-open lid of our high-speed production equipment has been dependent on imports.
Cover the production and sales of the device is a combination of high-speed system to cover equipment, especially high technical and market barriers, the past 50 years, as technology advances, unable to keep up with the pace of technological progress and the viability of the weaker companies gradually be eliminated or mergers, market manufacturers to gradually reduce and tends to focus on the trend. Easy-open lid made to cover equipment technology development direction the downstream packaging materials lightweight, high speed and efficiency, the benefits of the technology advances to downstream customers is enormous, some enterprises to keep up with the pace of technological progress will soon be eliminated . The new entrants into the industry is also the same technical level the huge barriers. Thus, for the past 20 years, the basic stability of the three U.S. companies STOLLE the DRT and STI monopoly, in addition to the Slack a company, the basic no new competitors from entering the market. Which STOLLE in comprehensive strength and market share are in the leading position in the industry.
Three American companies have nearly 50 years of easy-open lid device production history, they occupy by virtue of the first-mover advantage and the overall strength of the international high-speed system covers most of the market share of the equipment market. Slack company only has mature technology combination of high-speed easy-open lid cover production equipment suppliers, technical performance and the overall level has reached the international advanced level. By virtue of the high quality and favorable price, Slack company's products have been exported to Thailand, Poland, Malaysia, South Korea, Costa Rica and other countries, to break the pattern of the international high-speed system cover equipment market Chinese products compete.
Specific regional perspective, the United States, Japan and other developed countries and regions due to the the cans use of a longer history, its use has entered a stable stage, the annual growth rate is relatively low, and this corresponds to the ground, the needs of these countries and regions, new equipment less demand in major markets from an existing production line system equipment replacement, system transformation and mold spare parts. Market share in these countries and regions mainly occupied by U.S. rival issuers to cover corporate contact system with developed countries and multinational giants gradually increased, but not many business dealings.
The countries and regions of the emerging economies is an easy-open lid speed production equipment new demands of the market, due to the rapid macroeconomic growth in per capita spending power, regardless of the beverage or food easy-open lid, are in a stage of rapid development, high-speed easy-open lid production equipment market is vast. In these countries and regions, its U.S. rival, with its long history has a good reputation, but not at the absolute leading position in terms of market share. In addition, these countries and regions for the attention of the cost is relatively high, the issuer compared with U.S. competitors with a clear price competitive advantage, and therefore occupy a certain share of the market, and the reputation of the market has also been gradually built up, is constantly crowding the market share of competitors.
