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B2B E-commerce Marketplaces By Power Tools & Accessories Market Size, Share & Trends Analysis Report By Product (Drill, Saws, Wrenches, Grinders, Sanders), By Region, and Segment Forecasts, 2021-2028

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    Report

  • 120 Pages
  • October 2021
  • Region: Global
  • Grand View Research
  • ID: 5457656
Description Jump to:
The global B2B e-commerce marketplaces by power tools & accessories market size is projected to reach USD 15.11 billion by 2028, expanding at a CAGR of 18.1% from 2021 to 2028. The outbreak of the COVID-19 pandemic is prompting both buyers and sellers to consider third-party digital channels to buy and sell power tools, thereby driving the growth of the market over the forecast period. Manufacturers of power tools primarily rely on direct sales via e-commerce websites and distributors for selling their products. However, the growing popularity of third-party marketplaces, such as Amazon.com and eBay, owing to various marketing and promotional strategies, such as high discounts and coupons, these marketplaces pursue are particularly proving lucrative for power tool manufacturers.

The sales of power tools witnessed single-digit growth in the B2B marketplaces in 2020. However, they are expected to grow significantly over the next seven years. Marketplaces, such as Amazon.com, eBay, and Alibaba.com, have gained significant popularity among buyers worldwide. Bulk discounts and contractual pricing have typically triggered a paradigm shift in the buyers’ attitude toward these e-commerce marketplaces, which bodes well for the growth of the market over the forecast period.

The preference for DIY among individuals for home improvement activities is growing significantly, thereby encouraging e-commerce marketplaces to increase their Stock Keeping Units (SKUs) to cater to the rising demand for DIY tools. Home improvement activities typically call for power tools, such as power drills, circular saws, impact wrenches, hammer drills, and grinders. They can help individuals in various home improvement activities, such as roofing, kitchen and bathroom remodeling, and landscaping, among others. E-commerce marketplaces offer a wide range and options for buyers to choose the power tools of their choice. Various key functionalities, such as comparison of products on various parameters, coupled with transparency in features and prices are particularly encouraging buyers to prefer B2B e-commerce marketplaces over other channels, thereby contributing to the growth of the market over the forecast period.

B2B E-commerce Marketplaces By Power Tools & Accessories Market Report Highlights

  • The drills segment accounted for the largest market share in 2020 and is expected to continue dominating the market over the forecast period. The growth of the segment can be attributed to the easy availability of sophisticated, lightweight drills featuring long-lasting batteries at affordable prices.
  • Amazon.com, Inc. is expected to gain a significant market share in terms of revenue due to its large customer base.
  • Asia Pacific, led by China, and North America, led by the U.S., are expected to contribute significantly to the growing regional demand over the forecast period. The growing customer bases of Alibaba and Amazon.com, both of which allow buyers to purchase in bulk at discounted prices, are expected to contribute to the growth of the two regional markets.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
Chapter 3. Market Trends, Variables, and Scope
3.1. Market Segmentation
3.2. Market Size and Growth Prospects, 2016 - 2028
3.3. Value Chain Analysis
3.4. Market Dynamics
3.4.1. Market driver analysis
3.4.2. Market restraint analysis
3.4.3. Market opportunity analysis
3.5. Key Opportunities Prioritized
3.6. Industry Analysis - Porter's
3.7. PEST Analysis
Chapter 4. B2B E - Commerce Marketplaces By Power Tools & Accessories Market: Product Outlook
4.1. B2B e - commerce marketplaces by power tools & accessories market Share by Product, 2020 & 2028 (USD Million)
4.2. Drills
4.2.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.2.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
4.3. Saws
4.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.3.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
4.4. Wrenches
4.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.4.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
4.5. Grinders
4.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.5.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
4.6. Sanders
4.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.6.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
4.7. Others
4.7.1. Market estimates and forecast, 2017 - 2028 (USD Million)
4.7.2. Market estimates and forecast by region, 2017 - 2028 (USD Million)
Chapter 5. B2B E - Commerce Marketplaces By Power Tools & Accessories Market: Regional Outlook
5.1. Market Share by Region, 2015 & 2025 (USD Billion)
5.2. North America
5.2.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.2.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.2.3. U.S.
5.2.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.2.3.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.2.4. Canada
5.2.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.2.4.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.3. Europe
5.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.3.3. U.K.
5.3.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3.3.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.3.4. Germany
5.3.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3.4.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.3.5. France
5.3.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3.5.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.3.6. Rest of Europe
5.3.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.3.6.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.4. Asia Pacific
5.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.4.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.4.3. China
5.4.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.4.3.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.4.4. India
5.4.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.4.4.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.4.5. Japan
5.4.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.4.5.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.4.6. Rest of Asia Pacific
5.4.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.4.6.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.5. Latin America
5.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.5.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.5.3. Brazil
5.5.3.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.5.3.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.5.4. Mexico
5.5.4.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.5.4.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.5.5. Rest of Latin America
5.5.5.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.5.5.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
5.6. Middle East & Africa
5.6.1. Market estimates and forecast, 2017 - 2028 (USD Million)
5.6.2. Market estimates and forecast by Product, 2017 - 2028 (USD Million)
Chapter 6. Competitive Landscape
6.1. Alibaba.com
6.1.1. Company overview
6.1.2. Financial performance
6.1.3. Product benchmarking
6.1.4. Recent developments
6.2. Amazon.com, Inc
6.2.1. Company overview
6.2.2. Financial performance
6.2.3. Product benchmarking
6.2.4. Recent developments
6.3. ChinaAseanTrade.com
6.3.1. Company overview
6.3.2. Financial performance
6.3.3. Product benchmarking
6.3.4. Recent developments
6.4. DIYTrade.com
6.4.1. Company overview
6.4.2. Financial performance
6.4.3. Product benchmarking
6.4.4. Recent developments
6.5. eBay Inc.
6.5.1. Company overview
6.5.2. Financial performance
6.5.3. Product benchmarking
6.5.4. Recent developments
6.6. eworldtrade.com
6.6.1. Company overview
6.6.2. Financial performance
6.6.3. Product benchmarking
6.6.4. Recent developments
6.7. Ferguson Enterprises, LLC
6.7.1. Company overview
6.7.2. Financial performance
6.7.3. Product benchmarking
6.7.4. Recent developments
6.8. Flipkart.com
6.8.1. Company overview
6.8.2. Financial performance
6.8.3. Product benchmarking
6.8.4. Recent developments
6.9. IndiaMART InterMESH Ltd
6.9.1. Company overview
6.9.2. Financial performance
6.9.3. Product benchmarking
6.9.4. Recent developments
6.10. Quill Lincolnshire, Inc
6.10.1. Company overview
6.10.2. Financial performance
6.10.3. Product benchmarking
6.10.4. Recent developments
List of Tables
Table 1 Global B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 2 Global B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 3 Drills B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 4 Drills B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 5 Saws B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 6 Saws B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 7 Wrenches B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 8 Wrenches B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 9 Grinders B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 10 Grinders B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 11 Sanders B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 12 Sanders B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 13 Others B2B e-commerce marketplaces by power tools & accessories market, 2017-2028 (USD Million)
Table 14 Others B2B e-commerce marketplaces by power tools & accessories market, by region, 2017-2028 (USD Million)
Table 15 North America B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 16 U.S. B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 17 Canada B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 18 Europe B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 19 U.K. B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 20 Germany B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 21 France B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 22 Rest of Europe B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 23 Asia Pacific B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 24 China B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 25 India B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 26 Japan B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 27 Rest of Asia Pacific B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 28 Latin America B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 29 Brazil B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 30 Mexico B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 31 Rest of Latin America B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
Table 32 Middle East & Africa B2B e-commerce marketplaces by power tools & accessories market, by Product, 2017-2028 (USD Million)
List of Figures
FIG. 1 Research process
FIG. 2 Information procurement
FIG. 3 B2B e-commerce marketplaces by power tools & accessories regional marketplaces: Key takeaways
FIG. 4 B2B e-commerce marketplaces by power tools & accessories market-Trends & outlook
FIG. 5 B2B e-commerce marketplaces by power tools & accessories-Market segmentation & scope
FIG. 6 B2B e-commerce marketplaces by power tools & accessories-Market size and growth prospects (USD Billion)
FIG. 7 B2B e-commerce marketplaces by power tools & accessories-Value chain analysis
FIG. 8 B2B e-commerce marketplaces by power tools & accessories-Market dynamics
FIG. 9 B2B e-commerce marketplaces by power tools & accessories-Market driver relevance analysis (Current & future impact)
FIG. 10 B2B e-commerce marketplaces by power tools & accessories-Market restraint/challenge relevance analysis (Current & future impact)
FIG. 11 B2B e-commerce marketplaces by power tools & accessories-Market opportunity relevance analysis (Current & future impact)
FIG. 12 B2B e-commerce marketplaces by power tools & accessories-Penetration & growth prospect mapping
FIG. 13 B2B e-commerce marketplaces by power tools & accessories-Porter’s analysis
FIG. 14 B2B e-commerce marketplaces by power tools & accessories-Company market share analysis/Ranking Analysis, 2020
FIG. 15 B2B e-commerce marketplaces by power tools & accessories-PEST analysis
FIG. 16 B2B e-commerce marketplaces by power tools & accessories market Product outlook key takeaways
FIG. 17 Global B2B e-commerce marketplaces by power tools & accessories Product outlook, 2020 & 2028
FIG. 18 B2B e-commerce marketplaces by power tools & accessories market regional outlook key takeaways
FIG. 19 Global B2B e-commerce marketplaces by power tools & accessories regional outlook, 2020 & 2028
FIG. 20 North America B2B e-commerce marketplaces by power tools & accessories market-Key takeaways
FIG. 21 Europe B2B e-commerce marketplaces by power tools & accessories market-Key takeaways
FIG. 22 Asia Pacific B2B e-commerce marketplaces by power tools & accessories market-Key takeaways
FIG. 23 Latin America B2B e-commerce marketplaces by power tools & accessories market-Key takeaways
FIG. 24 Middle East & Africa (MEA) B2B e-commerce marketplaces by power tools & accessories market-Key takeaways

Companies Mentioned

  • Alibaba.com
  • Amazon.com, Inc
  • ChinaAseanTrade.com
  • DIYTrade.com
  • eBay Inc.
  • eworldtrade.com
  • Ferguson Enterprises, LLC
  • Flipkart.com
  • IndiaMART InterMESH Ltd
  • Quill Lincolnshire, Inc

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedOctober 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 4.71 billion
Forecasted Market Value ( USD ) by 2028 $ 15.11 billion
Compound Annual Growth Rate18.1%
Regions CoveredGlobal
No. of Companies Mentioned10

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