In 2023, the number of enterprises in the manufacture of cutlery, hand tools, and general hardware sector in France stood at 1.79 thousand. The forecast for 2024-2028 indicates a slight decline in numbers, reaching 1.75 thousand by 2028. Year-on-year variations show a consistent decrease: 0.56% in 2025, 0.56% in 2026, 0.57% in 2027, and a steady state in 2028. The five-year compound annual growth rate (CAGR) projects an annual decline of 0.56%.
Future trends to watch for include:
- Technological advances impacting production efficiency.
- Changes in the global supply chain dynamics post-pandemic.
- Increased focus on sustainable and eco-friendly manufacturing processes.
- Potential shifts in consumer preferences towards reusable and durable tools.
