Tool and Hardware Manufacturing in Australia - IBISWorld Industry Market Research

Tool and Hardware Manufacturing in Australia

Tool and Hardware Manufacturing in Australia - IBISWorld Industry Market Research
Tool and Hardware Manufacturing in Australia
Published Apr 03, 2012
35 pages — Published Apr 03, 2012
Price US$ 910.00  |  Buy this Report Now

About This Report


The Tool and Hardware Manufacturing industry is under attack from external sources in Australia and abroad. Imports from low cost producing countries reduce any growth potential in the largest product market segment, hand and edge tools. This product segment is also under threat from product substitutes such as power tools (classified in other industries). These factors have lowered domestic demand for industry products and caused industry revenue to decrease at an average rate of 3.2% per annum over the past five years to an expected $355.4 million in 2011-12 - a 3.4% decline on 2010-11. There is little industry consolidation occurring as revenue declines.

This industry consists of firms that manufacture cutlery, industrial knives and hand tools excluding those tools made from wood, and those that are pneumatic (air powered) or electrically powered.

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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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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IBISWorld Industry Market Research. "Tool and Hardware Manufacturing in Australia" Apr 03, 2012. Alacra Store. Oct 22, 2016. <>
IBISWorld Industry Market Research. (2012). Tool and Hardware Manufacturing in Australia Apr 03, 2012. New York, NY: Alacra Store. Retrieved Oct 22, 2016 from <>
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