Loose screw: Unfavourable international trade trends will cause industry revenue to decline

Over the five years to 2019, the Screw, Nut and Bolt Manufacturing industry has ended its decade-long revenue decline on account of rising exports and robust downstream demand. Over the five years to 2024, the industry is expected to decline due to the continuation of unfavourable trends in international trade. More affordable products manufactured abroad will continue to capture a larger share of domestic demand, simultaneously undermining the competitiveness of industry exports abroad. Nonetheless, continued growth in domestic downstream markets will provide the industry with a lifeline, limiting the extent of revenue decline...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • The negative effects of international fastener manufacturing have continued to wreak havoc on the industry
  • The industry is highly dependent on international trade, especially with the United States
  • The industry is expected to continue consolidating
  • Industry Report - Industry Key Buyers Chapter

    The Screw, Nut and Bolt Manufacturing industry in Canada has a low level of market share concentration. The industry has only two major players, Infasco and Leland Industries Inc., capturing an estimated 24.2% of industry revenue in 2019. The industry produces a variety of products and has diverse downstream markets, making it difficult for individual operators to command a large portion of industry revenue. Industry concentration has increased over the current period as operators have consolidated to remain competitive and profitable amid fluctuating input prices. This trend is likely to persist over the five years to 2024 as IBISWorld estimates enterprises to fall similarly establishments...purchase to read more.

    Additional Insights for the Screw, Nut & Bolt Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Screw, Nut & Bolt Manufacturing Industry are

  • Having a diverse range of clients
  • Having links with suppliers
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Canadian effective exchange rate index and Demand from construction in the Screw, Nut & Bolt Manufacturing industry impact industry performance..

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    What's in this report

    What is the Screw, Nut & Bolt Manufacturing Industry?

    This industry manufactures metal fastening products that can be divided into two groups. Precision fastening products are custom made for a particular project or customer. Alternatively, metal bolt, nut, screw, rivet, washer and industrial fastening products are fabricated to an industry standard and are designed for the widermarket. This industry does not manufacture plastic-fastening products.

    Industry Products
  • Externally threaded metal fasteners (standard)
  • Other nonthreaded metal fasteners (standard)
  • Internally threaded metal fasteners (standard)
  • Aircraft metal fasteners (standard)
  • Other precision-turned products (precision)
  • Automotive precision-turned products (precision)
  • Industry Activities
  • Precision-turned product
  • Bolt
  • Nut
  • Screw
  • Rivet
  • Washer
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Canadian effective exchange rate index
  • Demand from construction
  • Demand from machinery manufacturing
  • World price of steel
  • Demand from aircraft, engine and parts manufacturing
  • Demand from transportation equipment manufacturing

  • Current Performance
  • Downstream demand
  • Globalization redefines the industry
  • Chart: Revenue Growth

  • Industry Outlook
  • Globalization facilitates the industry’s decline
  • Downstream demand growth provides a lifeline
  • Remaining industry landscape
  • Table: Screw, Nut & Bolt Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Screw, Nut & Bolt Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Engine & Turbine Manufacturing in Canada
  • Wind Turbine Manufacturing in Canada
  • Major Household Appliance Manufacturing in Canada
  • Electrical Equipment Manufacturing in Canada
  • Car & Automobile Manufacturing in Canada
  • SUV & Light Truck Manufacturing in Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Iron & Steel Manufacturing in Canada
  • Nonferrous Metal Rolling & Alloying in Canada

  • Products & Services
  • Externally threaded metal fasteners (standard)
  • Aircraft metal fasteners (standard)
  • Other precision-turned products (precision)
  • Internally threaded metal fasteners (standard)
  • Automotive precision-turned products (precision)
  • Other nonthreaded metal fasteners (standard)
  • Chart: Screw, Nut & Bolt Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Exports
  • General manufacturing
  • Automotive
  • Aerospace and defense
  • General construction
  • Chart: Major Market Segmentation for the Screw, Nut & Bolt Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesLabour costsOther
  • Chart: Cost Structure Benchmarking – Sector vs Screw, Nut & Bolt Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Screw, Nut & Bolt Manufacturing Industry

  • Industry Globalization
    Infasco, Leland Industries Inc.,
  • Table: Infasco - financial performance
  • Table: Leland Industries Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Screw, Nut & Bolt Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Screw, Nut & Bolt Manufacturing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Exports (2010-2024)
  • Imports (2010-2024)
  • Wages (2010-2024)
  • New vehicle sales (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Computer Numerically Controlled (Cnc)
  • The automation of machine tools that are operated by abstractly programmed commands encoded on a storage medium, as opposed to manually controlled via handwheels or levers.
  • Offshore
  • The relocation of a company's business process, such as manufacturing or accounting, from one country to another, whether the work is outsourced or stays within the company.
  • Precision Fastening Products
  • Fastening products that use specialized equipment and skilled labour, and are tailored to the needs of a particular project or industrial customer.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Screw, Nut & Bolt Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Screw, Nut & Bolt Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Screw, Nut & Bolt Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Screw, Nut & Bolt Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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