
Screw, Nut & Bolt Manufacturing in Canada - Industry Market Research Report
Description
Screw, Nut & Bolt Manufacturing in Canada
Over the past five years, Canada's Screw, Nut and Bolt Manufacturing industry has deflated amid a broader decline in downstream demand. Declining demand from transportation equipment and aircraft component manufacturing has pressured domestic fastener producers, while swelling import competition has reduced the pool of domestic customers. Countries with low operational costs have boosted price competition, forcing Canadian producers to differentiate through product quality. The pandemic exacerbated declines, causing revenue to contract at a CAGR of 1.6% over the past five years, with revenue falling to an estimated $926.1 million in 2023.
The Screw, Nut and Bolt Manufacturing industry in Canada manufactures metal fastening products that can be divided into two groups. Precision fastening products are custom made for a particular project or customer. Alternatively, metal bolt, nut, screw, rivet, washer and industrial fastening products are fabricated to an industry standard and are designed for the wider market. This industry does not manufacture plastic-fastening products.
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.
Over the past five years, Canada's Screw, Nut and Bolt Manufacturing industry has deflated amid a broader decline in downstream demand. Declining demand from transportation equipment and aircraft component manufacturing has pressured domestic fastener producers, while swelling import competition has reduced the pool of domestic customers. Countries with low operational costs have boosted price competition, forcing Canadian producers to differentiate through product quality. The pandemic exacerbated declines, causing revenue to contract at a CAGR of 1.6% over the past five years, with revenue falling to an estimated $926.1 million in 2023.
The Screw, Nut and Bolt Manufacturing industry in Canada manufactures metal fastening products that can be divided into two groups. Precision fastening products are custom made for a particular project or customer. Alternatively, metal bolt, nut, screw, rivet, washer and industrial fastening products are fabricated to an industry standard and are designed for the wider market. This industry does not manufacture plastic-fastening products.
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
50 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
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
Search Inside Report
Pricing
Currency Rates
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