Fastener & Screw Machine Product Manufacturing in the UK - Industry Market Research Report

Badly Fastened: in 2022-23, Revenue is Forecast to Fall as Downstream Markets Face Inflationary Pressures and Supply Chain Disruptions

Fasteners are essential components in many products and structures, and UK manufacturers typically target niche high-value segments, like the aerospace and automotive sectors. The domestic industry is small compared with the global market and most UK companies are subsidiaries of foreign-owned global companies. Over the five years through 2022-23, industry revenue is expected to drop at a compound annual rate of 1.7% to £685.2 million. Companies in this industry manufacture fasteners like screws, bolts and nuts. They also manufacture rivets, washers and screw machine 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.