Global Industry Overview: Hand Tools and Hardware
The hand tool industry manufactures tools for metalworking, woodworking, and general maintenance. Among the many tools produced by companies in this category are axes, drill bits, blow torches, c-clamps, hammers, hand clamps, handsaws, glass cutters, chisels, files, spades, can openers, garden hand tools, hay forks, machetes, screwdrivers, hatchets, jewelers' hand tools, mallets, saw blades, wrenches, trowels, and yardsticks.
Industry Snapshot
Despite its low profile and mature markets, the hand tools and hardware industry has been one of the most consistently successful industries in the world. Less susceptible to recessions and economic fluctuations than...