Cutlery, Hand Tool & General Hardware Manufacturing in Russia - Market Research Report (2014-2029)

Europe's Cutlery, Hand Tool and General Hardware Manufacturing, known for high-quality exports, faces increased competition because of cheap imports from China and rising raw material costs. This situation harms profit, especially in lower to mid-tier markets where pricing is crucial. Also, increased interest rates have reduced construction activity, decreasing demand for these products. Industry revenue is expected to drop at a compound annual rate of 4.7% over the five years through 2024 to €93.3 billion – including an estimated 1.9% slump in the current year.

欧洲餐具、手工具及通用五金制造业，以其高品质出口而著称，却因来自中国的低价进口商品及原材料成本的上涨而面临日益激烈的竞争。此状况对利润造成损害，尤其在定价至关重要的中低端市场中尤为明显。此外，利率的上升导致建筑活动减少，进而降低了对这些产品的需求。预计在未来五年至2024年期间，该行业的收入将以4.7%的复合年增长率下降，直至达到933亿欧元——其中包括预计当年将出现1.9%的降幅。