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Hardware Manufacturing in Canada - Industry Market Research Report

Publisher IBISWorld
Published Aug 03, 2024
Length 77 Pages
SKU # IBSS19119959

Description

Hardware Manufacturing in Canada - Industry Market Research Report


Hardware Manufacturing in Canada

The Hardware Manufacturing industry in Canada produces a variety of metal hardware products, including hinges, handles, keys and locks, primarily for the construction, furniture and automotive sectors. The industry has been defined by volatile trade and downstream markets over the past five years. Operators in the Household Furniture Manufacturing and Car and Automobile Manufacturing industries in Canada, as well as construction markets and consumers, purchase hardware products manufactured by this industry. A strong housing market, driven by low interest rates due to the COVID-19 pandemic, supported the industry in 2020 and 2021, but declines in residential construction late in the period hurt demand for industry goods. Still, overall growth in the number of housing starts has staved off sharper declines amid economic uncertainty. Over the past five years, revenue has decreased at a CAGR of 2.8% to $1.9 billion over the years to 2023, with an expected decline of 6.7% in 2023.

The Hardware Manufacturing industry in Canada manufactures forms of metal hardware. Items produced include metal hinges, metal handles, keys and locks, but exclude time locks and coin-operated locks.

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

77 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
How Do Licenses Work?
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