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Household Hand Tools Market Size, Share & Trends Analysis Report By Type, By Distribution Channel, By Region, And Segment Forecasts, 2025 - 2030

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    Report

  • 120 Pages
  • December 2024
  • Region: Global
  • Grand View Research
  • ID: 6040876
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Household Hand Tools Market Growth & Trends

The global household hand tools market size is estimated to reach USD 6.79 billion by 2030, registering a CAGR of 4.5% from 2025 to 2030. Increasing shift towards DIY (do-it-yourself) culture on account of increasing labor cost in the developed countries including U.S., Canada, and U.K. is estimated to play a significant role in augmenting the demand for household hand tools.

Consumers have increased the adoption of self-help approach, in order to make, modify, and repair at home. Moreover, with the advent of technology, manufacturers are able to manufacture easy and handy implements for domestic use in order to provide a better user interface experience to the consumers.

Availability of a wide range of multifunctional tools serving multiple customer needs is also anticipated to increase the demand for household hand tools in the coming years. In addition, due to the advent of technological advancement, manufacturers are able to develop durable and string tools with the usage of different raw materials such as, iron, wood, black metal, and steel.

Manufacturers are focusing on developing pocket friendly and functional tools in order to fulfill maximum needs of the customers. For instance, in 2019, Bosch launched Bosch GSB 500 RE Kit, a power and hand tool kit, that provides a complete repair and modify tool kit for the household. These initiatives by the manufacturers are anticipated to increase the market demand in the coming future.

General hand tools segment dominated the global market with largest revenue share, with an aim to cater to minor maintenances and repairs in their own homes, single women are expected to drive the demand for the segment. Moreover, growing popularity of household gardening as a part of hobby is expected to drive the product demand.

The online distribution channel is expected to register a fastest CAGR over the forecast period. Expansion of e-commerce platforms and growing usage of smartphone in daily life are boosting the growth of the online channel. Companies like amazon.com, flipkart.com, Snapdeal, and indiamart.com are coming up with door-to-door delivery of products with online display of a wide range of products. Moreover, various discount offers provided by the online platforms are influencing the buying behavior of the customers.

Asia Pacific is expected to register the highest CAGR over the forecast period. The market growth is attributed to growing adoption of western culture, availability and access to component fixture and repair tutorials for domestic tasks, and significant adoption of DIY methods.

Household Hand Tools Market Report Highlights

  • The general tools segment dominated the global household hand tools market and expected to experience the fastest CAGR over the forecast period.
  • By distribution channel, the retail channel segment held the largest revenue share of the global market in 2024.
  • In 2024, the North America household hand tools industry dominated the global market, with a revenue share of 33.7%.

Why should you buy this report?

  • Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
  • Competitive Landscape: Explore the market presence of key players worldwide.
  • Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
  • Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.

This report addresses:

  • Market intelligence to enable effective decision-making
  • Market estimates and forecasts from 2018 to 2030
  • Growth opportunities and trend analyses
  • Segment and regional revenue forecasts for market assessment
  • Competition strategy and market share analysis
  • Product innovation listing for you to stay ahead of the curve
  • COVID-19's impact and how to sustain in these fast-evolving markets

This product will be delivered within 1-3 business days.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Household Hand Tools Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.4. Industry Analysis Tools
3.4.1. Porter’s Five Forces Analysis
3.5. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Household Hand Tools Market: Type Estimates & Trend Analysis
5.1. Household Hand Tools Market, By Type: Key Takeaways
5.2. Type Movement Analysis & Market Share, 2024 & 2030
5.3. Market Estimates & Forecasts, By Type, 2018 - 2030 (USD Billion)
5.3.1. Cutting Tools
5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.2. Measuring Tools
5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.3. Taps & Dies
5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
5.3.4. General Tools
5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 6. Household Hand Tools Market: Distribution Channel Estimates & Trend Analysis
6.1. Household Hand Tools Market, By Distribution Channel: Key Takeaways
6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2030
6.3. Market Estimates & Forecasts, by Distribution Channel, 2018 - 2030 (USD Billion)
6.3.1. Retail Channel
6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
6.3.2. Online
6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 7. Household Hand Tools Market: Regional Estimates & Trend Analysis
7.1. Household Hand Tools Market: Regional Outlook
7.2. Regional Marketplaces: Key Takeaways
7.3. Market Estimates & Forecasts, by Region, 2018 - 2030 (USD Billion)
7.3.1. North America
7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.2. U.S.
7.3.1.2.1. Key country dynamics
7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.3. Canada
7.3.1.3.1. Key country dynamics
7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.1.4. Mexico
7.3.1.4.1. Key country dynamics
7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2. Europe
7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.2. U.K.
7.3.2.2.1. Key country dynamics
7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.3. Germany
7.3.2.3.1. Key country dynamics
7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.4. France
7.3.2.4.1. Key country dynamics
7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.5. Italy
7.3.2.5.1. Key country dynamics
7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.2.6. Spain
7.3.2.6.1. Key country dynamics
7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3. Asia Pacific
7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.2. China
7.3.3.2.1. Key country dynamics
7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.3. Japan
7.3.3.3.1. Key country dynamics
7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.4. India
7.3.3.4.1. Key country dynamics
7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.5. Australia
7.3.3.5.1. Key country dynamics
7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.3.6. South Korea
7.3.3.6.1. Key country dynamics
7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4. Central & South America
7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.4.2. Brazil
7.3.4.2.1. Key country dynamics
7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5. Middle East & Africa
7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
7.3.5.2. South Africa
7.3.5.2.1. Key country dynamics
7.3.5.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
Chapter 8. Household Hand Tools Market: Competitive Analysis
8.1. Recent developments & impact analysis, by key market participants
8.2. Company Categorization
8.3. Participant’s Overview
8.4. Financial Performance
8.5. Product Benchmarking
8.6. Company Market Share Analysis, 2024 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
8.9.1. Stanley Black & Decker
8.9.1.1. Company Overview
8.9.1.2. Financial Performance
8.9.1.3. Product Portfolios
8.9.1.4. Strategic Initiatives
8.9.2. Apex Tool Group
8.9.2.1. Company Overview
8.9.2.2. Financial Performance
8.9.2.3. Product Portfolios
8.9.2.4. Strategic Initiatives
8.9.3. Great Wall Precision
8.9.3.1. Company Overview
8.9.3.2. Financial Performance
8.9.3.3. Product Portfolios
8.9.3.4. Strategic Initiatives
8.9.4. Klein Tools
8.9.4.1. Company Overview
8.9.4.2. Financial Performance
8.9.4.3. Product Portfolios
8.9.4.4. Strategic Initiatives
8.9.5. Wurth Group
8.9.5.1. Company Overview
8.9.5.2. Financial Performance
8.9.5.3. Product Portfolios
8.9.5.4. Strategic Initiatives
8.9.6. PHOENIX
8.9.6.1. Company Overview
8.9.6.2. Financial Performance
8.9.6.3. Product Portfolios
8.9.6.4. Strategic Initiatives
8.9.7. Channellock
8.9.7.1. Company Overview
8.9.7.2. Financial Performance
8.9.7.3. Product Portfolios
8.9.7.4. Strategic Initiatives
8.9.8. Akar Tools
8.9.8.1. Company Overview
8.9.8.2. Financial Performance
8.9.8.3. Product Portfolios
8.9.8.4. Strategic Initiatives
8.9.9. JPW Industries
8.9.9.1. Company Overview
8.9.9.2. Financial Performance
8.9.9.3. Product Portfolios
8.9.9.4. Strategic Initiatives
8.9.10. JK Files
8.9.10.1. Company Overview
8.9.10.2. Financial Performance
8.9.10.3. Product Portfolios
8.9.10.4. Strategic Initiatives
8.9.11. JETECH
8.9.11.1. Company Overview
8.9.11.2. Financial Performance
8.9.11.3. Product Portfolios
8.9.11.4. Strategic Initiatives
8.9.12. Excelta
8.9.12.1. Company Overview
8.9.12.2. Financial Performance
8.9.12.3. Product Portfolios
8.9.12.4. Strategic Initiatives
8.9.13. Sinotools
8.9.13.1. Company Overview
8.9.13.2. Financial Performance
8.9.13.3. Product Portfolios
8.9.13.4. Strategic Initiatives
8.9.14. TTi
8.9.14.1. Company Overview
8.9.14.2. Financial Performance
8.9.14.3. Product Portfolios
8.9.14.4. Strategic Initiatives
8.9.15. Kennametal, Inc
8.9.15.1. Company Overview
8.9.15.2. Financial Performance
8.9.15.3. Product Portfolios
8.9.15.4. Strategic Initiatives
List of Tables
Table 1. Global household hand tools market: Key market driver analysis
Table 2. Global household hand tools market: Key market restraint analysis
Table 3. Global household hand tools market estimates & forecast, by type (USD Billion)
Table 4. Global household hand tools market estimates & forecast, by distribution channel (USD Billion)
Table 5. North America household hand tools market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 6. North America household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 7. North America household hand tools estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 8. U.S. macro-economic outlay
Table 9. U.S. household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 10. U.S. household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 11. Canada macro-economic outlay
Table 12. Canada household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 13. Canada household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 14. Mexico macro-economic outlay
Table 15. Mexico household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 16. Mexico household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 17. Europe household hand tools market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 18. Europe household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 19. Europe household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 20. U.K. macro-economic outlay
Table 21. U.K. household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 22. U.K. household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 23. Germany macro-economic outlay
Table 24. Germany household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 25. Germany household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 26. France macro-economic outlay
Table 27. France household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 28. France household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 29. Italy macro-economic outlay
Table 30. Italy household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 31. Italy household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 32. Spain macro-economic outlay
Table 33. Spain household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 34. Spain household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 35. Asia Pacific household hand tools market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 36. Asia Pacific household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 37. Asia Pacific household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 38. China macro-economic outlay
Table 39. China household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 40. China household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 41. Japan macro-economic outlay
Table 42. Japan household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 43. Japan household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 44. India macro-economic outlay
Table 45. India household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 46. India household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 47. Australia macro-economic outlay
Table 48. Australia household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 49. Australia household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 50. South Korea macro-economic outlay
Table 51. South Korea household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 52. South Korea household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 53. Central & South America household hand tools market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 54. Central & South America household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 55. Central & South America household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 56. Brazil macro-economic outlay
Table 57. Brazil household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 58. Brazil household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 59. Middle East & Africa household hand tools market estimates and forecast, by country, 2018 - 2030 (USD Billion)
Table 60. Middle East & Africa household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 61. Middle East & Africa household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 62. South Africa macro-economic outlay
Table 63. South Africa household hand tools market estimates and forecast, by type, 2018 - 2030 (USD Billion)
Table 64. South Africa household hand tools market estimates and forecast, by distribution channel, 2018 - 2030 (USD Billion)
Table 65. Recent developments & impact analysis, by key market participants
Table 66. Company heat map analysis, 2024
Table 67. Companies implementing key strategies
List of Figures
Fig. 1 Household hand tools market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Segment snapshot
Fig. 8 Regional snapshot
Fig. 9 Competitive landscape snapshot
Fig. 10 Global parent industry and household hand tools market size (USD Billion)
Fig. 11 Global household hand tools market size, 2018 to 2030 (USD Billion)
Fig. 12 Household hand tools market: Penetration & growth prospect mapping
Fig. 13 Household hand tools market: Value chain analysis
Fig. 14 Household hand tools market: Dynamics
Fig. 15 Household hand tools market: Porter’s five forces analysis
Fig. 16 Household hand tools market estimates & forecast, by type (USD Billion)
Fig. 17 Cutting tools market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 18 Measuring tools market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 19 Taps & dies market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 20 General tools market estimates & forecasts, 2018 - 2030 (USD Billion)
Fig. 21 Household hand tools market estimates & forecast, by distribution channel (USD Billion)
Fig. 22 Household hand tools market estimates & forecasts for retail channels, 2018 - 2030 (USD Billion)
Fig. 23 Household hand tools market estimates & forecasts for online, 2018 - 2030 (USD Billion)
Fig. 24 Household hand tools market: Regional outlook, 2024 & 2030 (USD Billion)
Fig. 25 Regional marketplace: Key takeaways
Fig. 26 North America household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 27 U.S. household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 28 Canada household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 29 Mexico household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 30 Europe household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 31 UK household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 32 Germany household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 33 France household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 34 Italy household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 35 Spain household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 36 Asia Pacific household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 37 China household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 38 Japan household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 39 India household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 40 Australia household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 41 South Korea household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 42 Central & South America household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 43 Brazil household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 44 Middle East & Africa household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 45 South Africa household hand tools market estimates & forecast, 2018 - 2030 (USD Billion)
Fig. 46 Key company categorization
Fig. 47 Strategic framework of household hand tools

Companies Mentioned

  • Stanley Black & Decker
  • Apex Tool Group
  • Great Wall Precision
  • Klein Tools; Wurth Group
  • PHOENIX; Channellock
  • Akar Tools
  • JPW Industries
  • JK Files
  • JETECH
  • Excelta
  • Sinotools
  • TTi
  • Kennametal Inc.

Methodology

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Table Information

Report AttributeDetails
No. of Pages120
PublishedDecember 2024
Forecast Period2024 - 2030
Estimated Market Value ( USD ) in 2024 $ 5.21 billion
Forecasted Market Value ( USD ) by 2030 $ 6.79 billion
Compound Annual Growth Rate4.5%
Regions CoveredGlobal
No. of Companies Mentioned13

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