China Hand-Used Tools Industry Research

An Expert's View about Sourcing in China

Last updated: 19 Jul 2011

China Hand-Used Tools Industry Research and Statistics

Zhejiang province has most leading hand-used tools enterprises, and among all top 100 large hand-used tools enterprises across China, 31 are located in Zhejiang. According to China Hand-Used Tools Industry Profile - the industry research report issued by Zeefer Consulting, Zhejiang, Shandong, Shanghai and Guangdong are the major production bases for hand-used tools industry in China. Jiangsu, Hunan, Tianjin, Liaoning, Fujian and Hebei are the secondary distribution areas for this industry.

In terms of market size, in 2009, hand-used tools enterprises above designated size achieved a sales revenue of more than USD 3 billion. The total number of enterprises above designated size in hand-used tools industry was more than 700, a rise of more than 5% on a year-on-year basis. On an annual average, total employees in hand-used tools industry exceeded 75,000, a decline of more than 10% on a year-on-year basis. The total export delivery value exceeded USD 1 billion, a decline of about 20% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in hand-used tools industry added up to more than USD 100 million, a growth of more than 10% on a year-on-year basis. A total of more than 100 enterprises suffered a loss, and the total loss of these enterprises amounted to more than USD 10 million. On average, the ratio of return on net assets in hand-used tools industry was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in hand-used tools production in China added up to more than USD 600 million, taking a share of more than 15% of the gross sales revenue from hand-used tools enterprises across China. Foreign enterprises in China hand-used tools industry achieved a ratio of return on net assets of more than 8%, lower than the industry average.

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Full content of China Hand-Used Tools Industry Analysis:

http://www.allchinareports.com/china-machine-equipment-tool-industry/tools-industry-analysis/china-hand-used-tools-industry-research-and-statistics.html

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The analyses above are extracted from the industry report: China Hand-Used Tools Industry Profile
 


Posted: 18 July 2011, last updated 19 July 2011

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