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Lock & Hinge Manufacturing in the UK - Industry Market Research Report

Publisher IBISWorld
Published Apr 03, 2024
Length 44 Pages
SKU # IBSS18691781

Description

Lock & Hinge Manufacturing in the UK - Industry Market Research Report


Lock & Hinge Manufacturing in the UK

The Lock and Hinge Manufacturing industry is highly globalised, with several major global manufacturers operating or importing into the UK market. Before the COVID-19 outbreak in 2020-21, the industry benefitted from expanding residential and commercial construction markets. In particular, solid housebuilding activity, supported by the government's outlandish commitment to building 300,000 homes annually in the mid-2020s and high capital investment in commercial projects, fuelled revenue growth. Vehicle manufacturing was less lucrative over the same period. Over the five years through 2022-23, industry revenue is forecast to contract at a compound annual rate of 0.2% to £1 billion. Import penetration thanks to the cost advantages of manufacturing giants like China and Germany.

This industry includes companies that manufacture locks, hinges, metal mountings and fittings used in buildings, furniture, vehicles and other applications.

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

Table of Contents

44 Pages
TABLE OF CONTENTS

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
Major Markets
Globalisation & Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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