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There are xx businesses in the Tool Manufacturing industry in the UK, which is expected to decline at xx% over the next five years. Companies in this industry manufacture a wide range of tools used by downstream manufacturers and consumers, including small engineering tools like small forges, pressing tools, dies for machine tools and commonly used tools like scrapers, screwdrivers, nippers, pipe cutters, pliers, axes, chainsaws and circular saw blades. This industry also includes the manufacture of tools used in construction and gardening, like hoes, shovels, trowels, garden shears, hammers, etc.
Curious about what drives these trends? IBISWorld's Tool Manufacturing in the UK industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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There is 882 Tool Manufacturing in the UK businesses as of 2026, an decrease of -1.6% from 2025.
The number of Tool Manufacturing in the UK businesses has declined -2.0% per year on average over the five years between 2021 and 2026.
See our full analysis of the Tool Manufacturing in the UK to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Tool Manufacturing in the UK has low market share concentration and the largest business is National Oilwell Varco UK Ltd.