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Hand Tool & Cutlery Manufacturing in South Dakota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS SD33221

Hand Tool & Cutlery Manufacturing in South Dakota industry analysis

The Hand Tool & Cutlery Manufacturing industry in South Dakota is expected to grow 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 increased an annualized x.x% to x locations. Industry employment has increased an annualized x% to xx workers, while industry wages have increased an annualized x.x% to $x.x million.

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

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About the Hand Tool & Cutlery Manufacturing in South Dakota Market Research Report

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

Definition of the Hand Tool & Cutlery Manufacturing in South Dakota?

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 South Dakota?

The Hand Tool & Cutlery Manufacturing in South Dakota 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 South Dakota 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 South Dakota

Benchmark the Hand Tool & Cutlery Manufacturing in South Dakota industry performance with all SD county and national performance.

Hand Tool & Cutlery Manufacturing in South Dakota

#39 in Highest Revenue 0.1% 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 South Dakota

See how key industry drivers, such as population, median houshold income, new business formation, per capita disposable income, number of households and import penetration into the manufacturing sector are impacting Hand Tool & Cutlery Manufacturing in South Dakota

South Dakota Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in SD 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 South Dakota

Access proprietary data on county in the Hand Tool & Cutlery Manufacturing in South Dakota, such as Minnehaha County, Lincoln County and Pennington County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Hand Tool & Cutlery Manufacturing industry in South Dakota

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 South Dakota in 2025?

The market size of the Hand Tool & Cutlery Manufacturing industry in South Dakota is $9.0m in 2025.

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

There are 4 businesses in the Hand Tool & Cutlery Manufacturing industry in South Dakota, which has been growing at an average annual rate of 5.9% from 2020 to 2025.

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

The market size of the Hand Tool & Cutlery Manufacturing industry in South Dakota has been growing at an average annual rate of 10.8% from 2020 to 2025.

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

There are 55 employees in the Hand Tool & Cutlery Manufacturing industry in South Dakota, which has been growing at an average annual rate of 25.0% from 2020 to 2025.