SEARCH   
MEMBER LOGIN    

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 2014

Cutting profit: The industry will decline as low-cost imports continue to rise

The Hand Tool & Cutlery Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$708m
Annual Growth 09-14
-0.8%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
3,920
Businesses
345
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 Analysis Chapter

The Hand Tool and Cutlery Manufacturing industry produces a wide variety of metal hand tools, personal care cutting implements and kitchenware. The Canadian market has largely accepted most industry product lines, which are well developed and clearly segmented. Some product development occurs, although these efforts are generally focused on improving existing product lines, as opposed to introducing new products for new markets, so growth opportunities for the industry are relatively limited. Moreover, increasing pressure from imports and rising input prices have discouraged industry growth in recent years. As a result, industry revenue has fallen 0.8% per year on average since 2009, to $708.1 million... 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


View Sample
Quote
Select Clients