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Hand Tool & Cutlery Manufacturing in the US
IBISWorld, Feb 2012, Pages: 38
Final cut: Recovering housing starts will strengthen revenue, albeit temporarily
Hand Tool & Cutlery Manufacturing in the US
Clear-cut improvement
This industry is expected to remain in the decline phase of its life cycle over the foreseeable future, but demand and revenue will pick up after a rough period. Renewed construction, housing starts and stronger consumer sentiment will contribute to this growth. However, key input prices will also grow, so operators will need to increase prices to maintain profit margins. Additionally, import and power tool competition will continue to hamper demand.
This industry comprises establishments primarily engaged in manufacturing nonprecious and precious plated metal cutlery and flatware; manual hand and edge tools; manual handsaws; all types of saw blades, including those for sawing machines; metal kitchen utensils (except cutting types); and pots and pans (except those manufactured by casting or those stamped without further fabrication).
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.
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