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Cutlery, Hand Tool & General Hardware Manufacturing in Portugal - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

PT-C2593 April 2024 Factsheet

Revenue

€1.4bn

2019-2024 5.2 %
2024-2029 X.X %

Employees

18,478

2019-2024 0.1 %
2024-2029 X.X %

Businesses

2,240

2019-2024 7.6 %
2024-2029 X.X %

Wages

€XXX.Xm

2019-2024 X.X %
2024-2029 X.X %

Cutlery, Hand Tool & General Hardware Manufacturing in Portugal market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Portugal compared to Europe?

Country Benchmarking

Industry Data Portugal

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#10 In Europe
Business
#7 In Europe
Employees
#10 In Europe
Wages
#10 In Europe

The Cutlery, Hand Tool & General Hardware Manufacturing in Portugal ranks 10 in Europe with regards to its 2024 revenue (€1.4bn). Revenue received by operators in Portugal has been low in volatility over the past five-year period, with the average annual change in revenue (5.2 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal in 2024?

The market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal is €1.4bn in 2024. 

How many businesses are there in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal industry in 2024?

There are 2,240 businesses in the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal, which has grown at a CAGR of 7.6 % between 2019 and 2024.

Has the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal grown or declined over the past 5 years?

The market size of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal has been declining at a CAGR of 7.6 % between 2019 and 2024. 

What is the forecast growth of the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal over the next 5 years?

Over the next five years, the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal is expected to decline.

What are the biggest companies in the Cutlery, Hand Tool & General Hardware Manufacturing market in Portugal?

The biggest companies operating in the Cutlery, Hand Tool & General Hardware Manufacturing market in Portugal are Adolf Würth GmbH & Co. KG, Robert Bosch GmbH and Stanley Black & Decker, Inc.

What does the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal include?

Manufacture of cutlery and Manufacture of metal hand tools are part of the Cutlery, Hand Tool & General Hardware Manufacturing industry.

Which companies have the highest market share in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal?

The company holding the most market share in Portugal is Adolf Würth GmbH & Co. KG.

How competitive is the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal?

The level of competition is moderate and steady in the Cutlery, Hand Tool & General Hardware Manufacturing industry in Portugal.

Related Industries

This industry is covered in 37 countries

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Table of Contents

About this industry

Industry definition

Manufacturers in this sector produce cutlery, including knives and forks and metal hand tools like hammers and pliers. They also make general hardware items, like hinges and locks, used in various applications, including household and commercial settings.

What's included in this industry?

Manufacture of cutleryManufacture of metal hand toolsManufacture of general hardware

Industry Code

ISIC 2006

2593 - Manufacture of cutlery, hand tools and general hardware in Portugal

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal
  • Employees in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal
  • Business in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal
  • Profit in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Stringent safety norms govern manufacturers. These norms ensure product safety and quality and regulate hazardous substance control, waste management and energy efficiency.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising energy costs damage cutlery, hand tools and general Hardware companies. The Russian invasion of Ukraine has raised energy prices, increased operational expenses, curbed profitability and diminished consumer demand for industry commodities.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Cutlery, Hand Tool & General Hardware Manufacturing in Portugal industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.