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Hand Tool & Cutlery Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hand Tool & Cutlery Manufacturing in Canada Market Research Report | NAICS 33221CA | Apr 2015

Dull blade: Revenue will contract as input prices rise and competition remains fierce

IBISWorld’s Hand Tool & Cutlery Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$736m
Annual Growth 10-15
-0.1%
Annual Growth 15-20
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Profit
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Employment
3,870
Businesses
319
Industry Analysis & Industry Trends

This industry comprises establishments primarily engaged in manufacturing nonprecious and precious plated metal cutlery and flatware; manual hand and edge tools; manual handsaws; all types of saw blades; and pots and pans. Largely due to pressure from low-cost imports, industry revenue has fallen during the past five years. Shrinking industry profitability has made it difficult for many firms to stay in business. Going forward, the outlook for the Hand Tool and Cutlery Manufacturing industry is bleak. Import pressure will remain steady, causing more businesses to exit the industry, and employment will likely suffer accordingly... purchase to read more

Industry Report - Industry Products Chapter

Hand and edge tools

Hand and edge tool sales account for more than 56.7% of industry revenue in 2015. This segment includes a wide variety of tools for home, garden, farm and specialty uses. Home, garden and farm tools in this product segment include axes, nonelectric drills and drill bits, hammers, screwdrivers, hoes, wrenches, pliers, rakes, shears, sickles, spades, trowels, clippers for animal use and hand-powered lawn mowers. Other tools in this segment are designed specifically for specialty tasks and are often used by professionals, such as plumbers, mechanics or building constructors. These tools include blowtorches, chisels, cutting dies, files, jacks, levels, crowbars, soldering irons, vises and precision-measuring tools, among others... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hand Tool & Cutlery Manufacturing Industry?

This industry comprises establishments primarily engaged in manufacturing nonprecious and precious plated metal cutlery and flatware; manual hand and edge tools; manual handsaws; all types of saw blades, including those for sawing machines; metal kitchen utensils; and pots and pans (except those manufactured by casting).

Industry Products
Hand and edge tools Saw blades and handsawsKitchen utensils, pots and pans Cutting implements and flatware
 
Industry Activities
Manufacturing metal cutlery and flatwareManufacturing nonpowered hand and edge toolsManufacturing nonpowered handsaws and saw bladesManufacturing metal kitchen utensilsManufacturing pots and pans


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