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Machine Tool Wholesaling in the UK - Industry Market Research Report

Publisher IBISWorld
Published Jun 27, 2024
Length 70 Pages
SKU # IBSS19022853

Description

Machine Tool Wholesaling in the UK - Industry Market Research Report


Machine Tool Wholesaling in the UK

Machine tools wholesalers' revenue largely flows in tandem with the wider level of construction activity and industrial production, which is cyclical in nature. Since wholesalers import a hefty share of their products from abroad, they're susceptible to fluctuations in the exchange rate and global supply chain disruptions. COVID-19 and the subsequent public health measures led to a sharp fall in manufacturing output, while squeezed budgets subdued business expenditure, reducing demand for machine tools. The lifting of restrictions has led to some recovery in manufacturing output, although ONS data for December 2022 revealed production remains below pre-pandemic levels. That's why industry-wide revenue is expected to contract at a compound annual rate of 0.4% to £2.1 billion over the five years through 2022-23.

Firms in this industry sell machine tools that are used to cut, join or form metal and other rigid materials.

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

70 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
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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