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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

The Machine Tool Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Locations Chapter

The West Midlands

As is the case with many wholesaling industries, the West Midlands is the most common location for Machine tool wholesalers. The region is expected to account for 17.9% of industry establishments, far above its 8.8% share of UK population. The area offers the most convenient location for wholesalers as its central position offers good access to a majority of UK regions, increasing a company's reach and improving delivery times. The West Midlands also offers a large pool of potential downstream customers, with a large proportion of the UK's manufacturers located in the region, or in the nearby North West of England.

The South East

The South East is another important region for the industry, accounting for an estimated 14.3% o.. 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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