Cutlery, Hand Tool & General Hardware Manufacturing in Denmark - 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、手工具及通用硬件制造业，以其高品质出口著称，正面临来自中国低成本进口和原材料成本上升的双重压力。此情形对利润造成损害，尤其是在定价至关重要的中低端市场。此外，利率的上升已降低建筑活动，进而减少了对这些产品的需求。预计行业收入将在2024年之前的五年内以复合年增长率4.7%的速度下降，至933亿欧元——其中包括当年预计1.9%的下滑。