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Hand Tool & Cutlery Manufacturing in Michigan

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MI33221

Hand Tool & Cutlery Manufacturing in Michigan industry analysis

The Hand Tool & Cutlery Manufacturing industry in Michigan is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Hand Tool & Cutlery Manufacturing in Michigan Market Research Report

What’s Included in the Hand Tool & Cutlery Manufacturing in Michigan Market Research Report

Definition of the Hand Tool & Cutlery Manufacturing in Michigan?

This industry primarily manufactures hand tools, edge tools and metal blades (e.g., screwdrivers, scrapers, bits and saw blades). The industry also manufactures metal kitchen cookware tools, utensils and cutlery (excluding products made by casting or stamping, without further fabrication).

What’s included in the Hand Tool & Cutlery Manufacturing in Michigan?

The Hand Tool & Cutlery Manufacturing in Michigan includes manufacturing razor blades and razors, manufacturing mechanics' hand service tools, manufacturing cutting tools and precision measuring tools, manufacturing cutlery, utensils, scissors and snips and manufacturing edge tools, saw blades and handsaws. Related terms covered in the Hand Tool & Cutlery Manufacturing in Michigan industry report includes a saw used with one hand, which is operated by moving the arm backward and forward, a hand tool used for cutting or smoothing; the category includes saws, chisels, planes, files and rasps and an edged or cutting tool that is generally used to cut, serve and eat food.

Industry Performance of the Hand Tool & Cutlery Manufacturing industry in Michigan

Benchmark the Hand Tool & Cutlery Manufacturing in Michigan industry performance with all MI county and national performance.

Hand Tool & Cutlery Manufacturing in Michigan

#12 in Highest Revenue 2.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hand Tool & Cutlery Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hand Tool & Cutlery Manufacturing industry in Michigan

See how key industry drivers, such as are impacting Hand Tool & Cutlery Manufacturing in Michigan

Michigan Economic Indicators

Population
Net Migration

View more economic information in MI State Economic profile

US Key External Drivers

Per capita disposable income
Number of households
Import penetration into the manufacturing sector

For the full list of industry drivers, see report purchase options.

County Data of the Hand Tool & Cutlery Manufacturing industry in Michigan

Access proprietary data on county in the Hand Tool & Cutlery Manufacturing in Michigan, such as Oakland County, Macomb County and Ottawa County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Hand Tool & Cutlery Manufacturing industry in Michigan

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Hand Tool & Cutlery Manufacturing industry in Michigan in 2025?

The market size of the Hand Tool & Cutlery Manufacturing industry in Michigan is $305.1m in 2025.

How many businesses are there in the Hand Tool & Cutlery Manufacturing industry in Michigan in 2025?

There are 59 businesses in the Hand Tool & Cutlery Manufacturing industry in Michigan, which has been declining at an average annual rate of -3.1% from 2020 to 2025.

Has the Hand Tool & Cutlery Manufacturing industry in Michigan grown or declined over the past 5 years?

The market size of the Hand Tool & Cutlery Manufacturing industry in Michigan has been declining at an average annual rate of -0.3% from 2020 to 2025.

How many employees in the Hand Tool & Cutlery Manufacturing industry in Michigan in 2025?

There are 1,083 employees in the Hand Tool & Cutlery Manufacturing industry in Michigan, which has been declining at an average annual rate of -1.6% from 2020 to 2025.