Cutlery, Hand Tool & General Hardware Manufacturing in Slovakia - Market Research Report (2014-2029)
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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.
欧洲刀具、手工工具及通用硬件制造业,以其高品质的出口产品闻名,却因中国低价进口产品的涌入及原材料成本的上升而面临日益激烈的竞争。此状况损害了利润,尤其是在定价至关重要的中低端市场。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。预计该行业收入将在2024年之前的五年内以复合年增长率4.7%下降至933亿欧元——其中包括预计今年将出现1.9%的下滑。
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