Industry Analysis & Industry Trends
Slicing and dicing
The Kitchen Knife Manufacturing has seen growth in recent years that will continue through 2013, before declining sharply through the rest of the five-year period. Despite this strong growth, revenue will only barely top the levels realized in 2007, due to such drastic decreases during the recession. Imports make up more than 50.0% of industry revenue, eating away at manufacturers income, and will continue to do so through 2017. Rising input costs will also cut away at revenue, contributing to the industry's decline.... purchase to read more
Industry Report - Industry Investment Chapter
The Kitchen Knife Manufacturing industry has a moderate level of capital intensity. Industry operators typically spend 20 cents of capital for every dollar of labor. The industry is expected to spend $39.2 million on wages in 2012. Wages as a percentage of revenue have fallen over the past five years; companies cut costs while revenue dropped during the recession. Additionally, the industry has increasingly relied on automation for efficiency and profit maximization. This automation has permanently cut the need for some jobs.
Depreciation costs make up about 4.7% of industry revenue in 2012 and have increased over the past five years. This demonstrates the industry's growing reliance on technology. How... purchase to read more