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Machine Tool Wholesaling in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Machine Tool Wholesaling Market Research Report | SIC G46.620 | Dec 2016

Cutting demand: Economic uncertainty is expected to cause revenue to fall in 2016-17

IBISWorld’s Machine Tool Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
0.9%
Annual Growth 17-22
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Profit
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Employment
9,858
Businesses
919
Industry Analysis & Industry Trends

The Machine Tool Wholesaling industry supplies a variety of machine tools to the manufacturing, construction, mining and forestry companies amongst others. Although the industry contracted significantly immediately before the five-year period through 2016-17, it was quick to recovery, benefiting from the revival of downstream manufacturing and construction sectors. The industry has also benefited from a number of major civil engineering projects, as well as strong growth in the residential construction sector over the past five years. This has been driven by an increase in house prices, which has drawn investment into residential housebuilding. Mining, oil and gas industries provided weak demand over the past five years, due to falling commodity prices... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Machine Tool Wholesaling industry is estimated to be in the mature stage of its life cycle. Industry value added is estimated to grow at a compound annual rate of 1.3% over the decade through 2021-22. Over the same period the UK economy is expected to grow at a compound annual rate of 2.3%. Despite industry revenue being expected to grow over the five years through 2016-17, the number of industry operators has fallen. This represents a degree of industry consolidation, as wholesalers have lost ground to manufacturers. More and more manufacturers are distributing their own products, bypassing specialist wholesalers.

Additionally, the products sold by industry operators are generally similar, and there has been little scope for differentiation. How.. purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Machine Tool Wholesaling Industry?

Firms in this industry sell machine tools that are used to cut, join or form metal and other rigid materials.

Industry Products
Metal-cutting toolsMetal-forming toolsJoining toolsWoodworking toolsOther material cutting or forming tools
 
Industry Activities
Wholesaling metal-cutting toolsWholesaling metal-forming toolsWholesaling metal-joining toolsWholesaling woodcarving tools


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