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Hand Tool & Cutlery Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Dec 01, 2024
Length 76 Pages
SKU # IBSS19493072

Description

Hand Tool & Cutlery Manufacturing in Canada - Industry Market Research Report


Hand Tool & Cutlery Manufacturing in Canada

Hand tool manufacturers in Canada produces a wide variety of metal goods, including landscaping and construction tools, industrial components and consumer products. Although a diversified product selection usually shelters the industry from macroeconomic fluctuations, the industry is largely homogeneous and its low-cost nature renders manufacturers vulnerable to pressure from lower priced and more complex substitutes such as power tools. As a result, imported products manufactured in countries with lower labour costs have increasingly flooded the Canadian market, as it can be seen with rising imports from an appreciating loonie. Overall, industry revenue has decreased at a CAGR of 0.4% over the past five years and is expected to total $780.5 million in 2023, when revenue will fall by an estimated 0.9%.

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.

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.

Table of Contents

76 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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