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Tool Manufacturing in the UK - Industry Market Research Report

Publisher IBISWorld
Published Dec 12, 2024
Length 82 Pages
SKU # IBSS19493294

Description

Tool Manufacturing in the UK - Industry Market Research Report


Tool Manufacturing in the UK

Revenue is forecast to contract at a compound annual rate of 6.4% over the five years through 2023-24 to £1 billion. Declining revenue can be attributed to weak industrial activity, particularly from manufacturing, oil and gas exploration and extraction markets, and mining and quarrying industries. Additionally, the lion's share of household tools are manufactured in low-cost regions and countries, like China. These imported tools pose fierce competition to domestic producers and have become increasingly popular, weighing on revenue.

Companies in this industry manufacture tools, including clamps, vices, saws, hand tools and moulding boxes. The industry does not include the manufacture of power-driven hand tools.

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

82 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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