Hand Tool & Cutlery Manufacturing in the US - Industry Market Research Report

Hand Tool & Cutlery Manufacturing in the US

Clear-cut decline

This industry is expected to continue declining over the foreseeable future, but demand and revenue will pick up after a rough period. Renewed construction, housing starts and stronger consumer sentiment will contribute to this growth. However, key input prices will also grow, so operators will need to increase prices to maintain profit margins. Additionally, import and power tool competition will continue to hamper demand.

This industry primarily manufactures: manual hand and edge tools; nonprecious and precious plated metal cutlery and flatware; manual handsaws and saw blades, including those for powered sawing machines; and metal kitchen utensils, pots and pans (except those manufactured by casting or those stamped without further fabrication). Online sales are included within the sales of the primary retailer, but operators that use the internet as their primary selling platform are excluded.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.