Cutlery, Hand Tool & General Hardware Manufacturing in Germany - 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.

欧洲刀剪、手工工具及通用五金制造业，以其高品质出口闻名，却因来自中国的低成本进口和原材料成本的上升而面临日益激烈的竞争。此种状况对利润造成损害，尤其是在定价至关重要的中低端市场中。此外，利率的上升降低了建筑活动，进而减少了对这些产品的需求。预计在2024年之前的五年内，行业收入将以4.7%的复合年增长率下降，降至933亿欧元——其中包括今年预计1.9%的下滑。