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The hand tools market is forecasted to grow by USD 2362.42 million during 2022-2027, accelerating at a CAGR of 4.36% during the forecast period. The report on the hand tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by huge demand of hand tools from developing economies, growing popularity of DIY activities, and growing construction market.
The hand tools market is segmented as below:
By End-user
- Industrial
- Household
By Application
- General-purpose
- Metal cutting
- Taps and dies and others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the hand tools market covers the following areas:
- Hand tools market sizing
- Hand tools market forecast
- Hand tools market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global hand tools market: Apex Tool Group LLC, Channellock Inc., Crossman Tool Co. Ltd., Emerson Electric Co., Excelta Corp., IDEAL Industries Inc, JCBLGroup, JPW Industries Inc., Kennametal Inc., Klein Tools Inc., KNIPEX Werk C. Gustav Putsch KG, Kyoto Tool Co. Ltd, Raymond Trade Tools, Snap On Inc., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., Truper Holding SA de CV, Wiha Group GmbH, Akar Auto Industries Ltd., and BHT Tool GmbH.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is introduction of ergonomically designed hand tools.'
According to the report, one of the major drivers for this market is the huge demand of hand tools from developing economies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apex Tool Group LLC
- Channellock Inc.
- Crossman Tool Co. Ltd.
- Emerson Electric Co.
- Excelta Corp.
- IDEAL Industries Inc
- JCBLGroup
- JPW Industries Inc.
- Kennametal Inc.
- Klein Tools Inc.
- KNIPEX Werk C. Gustav Putsch KG
- Kyoto Tool Co. Ltd
- Raymond Trade Tools
- Snap On Inc.
- Stanley Black and Decker Inc.
- Techtronic Industries Co. Ltd.
- Truper Holding SA de CV
- Wiha Group GmbH
- Akar Auto Industries Ltd.
- BHT Tool GmbH
