IBISWorld’s Cutting Tool Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Industry Analysis & Industry Trends

In 2016, revenue for the Cutting Tool Manufacturing industry is expected to total $12.9 billion, growing 4.8% annually over the past five years. Domestic demand is expected to total $10.4 billion in 2016, up 1.9% from 2015. There are about 936 cutting tool manufacturers in China with over 140,000 workers earning a total of $1.32 billion.

This industry is highly dependent on international trade. Industry exports are expected to total $3.7 billion in 2016, accounting for 28.8% of industry revenue. About 12.1% of domestic demand will be satisfied by imports, down from nearly a quarter in 2008 due to the development of the domestic industry.

Over the next five years, ACMR-IBISWorld forecasts that industry revenue will increase at an annualized rate of 1.9% to $14.1...

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Industry Report - Industry Products Chapter

Knife blades

The major product category within the Metal Cutting Tool Manufacturing industry in China is knife blades, which are expected to account for 38.1% of total industry revenue in 2016. These products are used on cutting machines, carpentry machines or other cutting machines. Although the technology for producing knives is becoming more advanced with blades that can be used over a longer time period, better quality products are needed and in development.

Saw blades

Saw blades are estimated to account for 33.2% of industry revenue in 2016. This category includes band saw blades, circular saw blades and chainsaw blades. Some of these blades are used with mechanical saws, some are for manual saws and some can be used with both.


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Additional Insights for the Cutting Tool Manufacturing Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Cutting Tool Manufacturing Industry are

  • Proximity to transport
  • Establishment of brand names
  • Recommendation/accreditation from authoritative source
  • IBISWorld analysts also discuss how external factors such as Domestic Goods Prices - Metals - Steel and Import Taxes (Duties) in the Cutting Tool Manufacturing industry impact industry performance..

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    Industry Products

    What is the Cutting Tool Manufacturing Industry?

    The Cutting Tool Manufacturing industry in China manufactures a wide range of metal cutting tools, including awls, drill bits, saw blades, reamers, knife blades, knives and metal tools used for carpentry work and cutting pottery and ceramics, and other metal cutting tools.

    Industry Products
    Saw blades
    Knife blades
    Industry Activities
    Knife and other cutting tool
    Lathing and shining tool
    Drills, reamer, saw and circular saw blade
    Carpentry, pottery and ceramic cutting tool
    Other metal tool

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Domestic Goods Prices - Metals - Steel
  • Import Taxes (Duties)
  • Exchange Rates - Renminbi per $US
  • Foreign Investment
  • Intellectual Property - Technology

  • Current Performance
  • Industry revenue
  • Domestic demand
  • Enterprises, wages and employment
  • Exports
  • Imports
  • Chart: Revenue Growth

  • Industry Outlook
  • Domestic demand
  • Exports and imports
  • Other trends
  • Table: Cutting Tool Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Cutting Tool Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets
  • Online Shopping

  • Key Selling Industries
  • Iron and Steel Smelting
  • Iron Ore Mining

  • Products & Services
  • Knife blades
  • Saw blades
  • Knives
  • Other
  • Chart: Cutting Tool Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Exchange rates
  • Downstream industry development
  • Technology developments
  • Export demand
  • Foreign investment
  • China's high economic growth

  • Major Markets
  • Wholesalers
  • Exports
  • Specialty stores
  • Department stores and supermarkets
  • Other
  • Chart: Major Market Segmentation for the Cutting Tool Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation and other costs
  • Chart: Cost Structure Benchmarking – Sector vs Cutting Tool Manufacturing

  • Basis of Competition
  • Price and quality
  • Technology
  • Branding and advertising
  • Investment
  • Service

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Cutting Tool Manufacturing Industry

  • Industry Globalization
    Major Companies
    Jiangsu Feida Tool Co., Ltd.Tiangong International Company LimitedLeing Tailong Copper Group Co., Ltd.Zhuzhou Cemented Carbide Group Co. Ltd.Jiangsu Dangong Industrial General Corporation
  • Table: Jiangsu Feida Tool Co., Ltd. - financial performance
  • Table: Tiangong International Company Limited - financial performance
  • Table: Leing Tailong Copper Group Co., Ltd. - financial performance
  • Table: Zhuzhou Cemented Carbide Group Co. Ltd. - financial performance
  • Table: Jiangsu Dangong Industrial General Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Cutting Tool Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Cutting Tool Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Total Assets (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    High Speed Steel (Hss)
  • Used in the manufacture of drill bits, saw blades, tool bits and other cutting tools.
  • Lathing
  • Process that involves the spinning of an object to cut, drill or sand it into a required shape or to give it required characteristics.
  • Reamers
  • Rotary cutting tools of a cylindrical shape used to enlarge or finish existing drilled or bored holes
  • Why buy this report?

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    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Cutting Tool Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Cutting Tool Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Cutting Tool Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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