Cutting Tool Manufacturing in China - IBISWorld Industry Market Research

Cutting Tool Manufacturing in China

Cutting Tool Manufacturing in China - IBISWorld Industry Market Research
Cutting Tool Manufacturing in China
Published Nov 24, 2014
33 pages — Published Nov 24, 2014
Price US$ 660.00  |  Buy this Report Now

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Abstract:

In 2014, revenue for the Cutting Tool Manufacturing industry is expected to total $11.7 billion, growing 13.8% annually over the past five years. Domestic demand is expected to total $8.9 billion in 2014, up 8.1% from 2013. There are about 883 cutting tool manufacturers in China with about over 136,000 workers earning a total of $1.0 billion.

This industry is highly dependent on international trade. Industry exports are expected to total $3.6 billion in 2014, accounting for 30.7% of industry revenue. About 8.7% of domestic demand will be satisfied by imports, down from nearly a quarter in 2008 due to the development of the domestic industry.

The Cutting Tool Manufacturing industry in China manufactures a wide range of metal cutting tools, including awls, drill bits, saw blades, reamers, knife blades, knives and metal tools used for carpentry work and cutting pottery and ceramics, and other metal cutting tools.

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

  
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Document ID
3421
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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

  
MLA:
IBISWorld Industry Market Research. "Cutting Tool Manufacturing in China" Nov 24, 2014. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Cutting-Tool-Manufacturing-in-China-2042-1922>
  
APA:
IBISWorld Industry Market Research. (2014). Cutting Tool Manufacturing in China Nov 24, 2014. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Cutting-Tool-Manufacturing-in-China-2042-1922>
  
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