Cutlery, Hand Tool & General Hardware Manufacturing in Malta - 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著称，然而，由于来自中国的低价进口和原材料成本的上升，该行业面临着日益激烈的竞争。此状况对利润造成损害，尤其是在定价至关重要的中低级市场中。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。预计在未来五年（截至2024年）的复合年增长率将下降至4.7%，行业收入预计将降至933亿欧元——其中包括今年预计的1.9%的下滑。