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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 2016

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

IBISWorld’s Hand Tool & Cutlery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$800m
Annual Growth 11-16
3.0%
Annual Growth 16-21
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Profit
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Employment
3,225
Businesses
305
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 begun to decrease 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 Locations Chapter

The Hand Tool and Cutlery Manufacturing industry is primarily concentrated in Ontario and Quebec, which combine to account for more than 71.5% of all industry establishment locations. These two provinces are similarly home to substantially all of Canada's aluminum-manufacturing operations, and (like most consumer goods products manufacturers) industry operators benefit from being located in proximity to such upstream suppliers in order to minimize supply chain costs. Ontario and Quebec are also the two most populous Canadian provinces, which attracts industry operators both with the opportunity to stay plugged into consumer trends and because populous provinces are home to more retail locations, which minimizes the cost of distributing finished products to stores... 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 Handsaws, saw blades and tipsKitchenware
 
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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