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 2015

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

IBISWorld’s Hand Tool & Cutlery Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$736m
Annual Growth 10-15
-0.1%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
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 SWOT Analysis Chapter

Due to growing pressure from low-cost imported goods, the Hand Tool and Cutlery Manufacturing industry in Canada is in a declining life cycle stage. Over the ten years to 2020, industry value added, which measures an industry's contribution to the national economy, is expected to decrease 0.5% per year on average. In contrast, the Canadian economy is expected to grow at an annualized 2.2% over the same period.

In order to revitalize demand for their products, some industry operators (e.g. disposable razor manufacturers) have focused on introducing new variations of existing product lines... 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