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

欧洲刀具、手工具及通用五金制造业，以其高品质的出口产品闻名，却因中国廉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，尤其在定价至关重要的中低级市场尤为明显。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。预计行业收入将在2024年之前五年内以4.7%的复合年增长率下降，至9330亿欧元——其中包括对当年预计1.9%的下滑。