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Hand Tools Market by Type (Wrench, Plier, Screw Drivers, Hammers, Cable Cutter, and Others), End User (DIY, Professional, and Industrial), and Distribution Channel (Retail and Online): Global Opportunity Analysis and Industry Forecast, 2020–2027

A04120
Pages: 272
May 2020 | 5171 Views
 
Author(s) : Amar Chinchane & Onkar Sumant
Tables: 110
Charts: 58
 

COVID-19

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Hand Tools Market Statistics - 2027

The global hand tools market size was valued at $22,200.0 million in 2019, and is projected to reach $30,381.0 million by 2027, registering a CAGR of 4.1% from 2020 to 2027. 

Hand tools constitute tools and equipment that are not powered by electricity. These tools find their application in daily gardening, agriculture, and framing. Since, the tools are manually operated their application is restricted to certain tasks and skills. Moreover, major factors that drive the growth of the hand tools market include increase in demand from automotive maintenance and repair sector along with advancements in the production technology of hand tools. In addition, increase in use of hand tools in industrial applications is another factor that drives the overall market growth. However, low profit margin due to acute competition and lack of skilled professionals are some key challenges that restrain the growth of the global hand tools market. In addition, growth in popularity of power tools and their versatile application is expected to hinder the growth of this market during the forecast period. Further, the recovery of the construction industries is also expected to fuel the demand for hand tools. However, the growth in machinery and equipment manufacturing sectors around the globe offers lucrative growth opportunities for the market players during the forecast period. 

hand-tools-Market-2020-2027

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Moreover, growth in the aerospace industry is an important opportunity leading toward the growth of the market, particularly in Germany. According to the Germany Trade and Invest (GTAI) agency, the German aerospace industry generated revenues of over $44.5 billion in 2018 and is one of the best performing industries in the country. The aerospace industry is also a major consumer of hand tools, which, thereby, boosts the growth of the hand tools market in Europe.

The advanced industrial growth in developed countries such as the U.S. and Germany drives the attention of hand tool and accessory manufacturers around the globe. The strong foothold of various brands in the German market bolsters the dependence on hand tools for the production and assembly of automobiles, aerospace, and other such products. This motivates the hand tool manufacturers to launch advanced and efficient tools and accessories. For instance, Robert Bosch Power Tools GmbH, a subsidiary of Robert Bosch Group, based in Germany, generated around 15% sales only from Germany. Through its brands Bosch and Dremel, it has launched over 100 types of hand tools, accessories, and measuring tools for the German market in 2019.

Hand Tools Market
By Type

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Cable cuttercsegment is projected to grow at a highest CAGR

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The global hand tools market is classified into type, end-user, distribution channel, and region. By type, the market is segmented into wrench, plier, screw drivers, hammers, cable cutter, and others. By end user, the market is categorized into DIY, professional, and industrial. By distribution channel, the market is bifurcated into retail and online.

Hand Tools Market
By End-User

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Industrial segment holds dominant position in 2019

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By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the global market during the analysis period due to growth in urbanization and increase in infrastructure investments. Moreover, China is one of the major exporters of hand tools globally. The rapid industrial development of China has motivated the hand tools and accessories manufacturers to establish their production units in the country. The low labor and material costs in China help the manufacturers to produce hand tools and accessories at lower prices as well as to attain high manufacturing productivities. The Chinese hand tools market also includes many small manufacturers who generally serve the Asian demand for hand tools. Furthermore, the developing automotive, electronics, aerospace industries in China creates opportunities for the growth of hand tools in China.

Hand Tools Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific holds a dominant position in 2019 and is expected to grow at a significant rate during the forecast period.

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Competition Analysis

The key companies profiled in the report include Akar Tools Limited, Snap-On Incorporated., Stanley Black and Decker, Techtronic Industries Co. Ltd., Wera Tools, Apex Tool Group, Klein Tools Inc., Channellock, Inc., JCBL India, and Emerson Electric Co.

The major players operating in the global hand tools market have adopted key strategies such as product launch and business expansion to strengthen their market outreach and sustain the stiff competition in the market. For instance, in May 2019, Stanley Black & Decker announced the opening of new plant for the production of its brand CRAFTSMAN, in Fort Worth, Texas. The new facility has an area of 425,000-square-foot and is expected to employ approximately 500 full-time employees. Similarly, in May 2018, Robert Bosch GmbH makes significant investments in its manufacturing facilities across North America, investing nearly $470 million in 2017.

Key Benefits For Stakeholders

  • The report provides an extensive analysis of the current and emerging hand tools market trends and dynamics.  

  • In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027. 

  • Extensive analysis of the hand tools market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

  • The global hand tools market forecast analysis from 2020 to 2027 is included in the report.

  • The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry. 

Global Hand Tools Market Segments

By Type

  • Wrench
  • Plier
  • Screw Drivers
  • Hammers
  • Cable cutter
  • Others

By End User

  • DIY
  • Professional
  • Industrial

By Distribution Channel

  • Retail
  • Online

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • German
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Players

  • Akar Tools Limited
  • Snap-On Incorporated.
  • Stanley Black and Decker
  • Techtronic Industries Co. Ltd.
  • Wera Tools
  • Apex Tool Group
  • Klein Tools Inc.
  • Channellock, Inc. 
  • JCBL India
  • Emerson Electric Co.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.1.Top impacting factors
3.2.1.2.Top investment pockets

3.3.Porter's five forces analysis

3.3.1.Low to Moderate bargaining power of suppliers
3.3.2.Low to Moderate bargaining power of buyers
3.3.3.Low to Moderate threat of substitutes
3.3.4.Moderate to High intensity of rivalry
3.3.5.Moderate to High Threat of Substitution

3.4.Value chain analysis
3.5.Industry pain point analysis
3.6.Market dynamics

3.6.1.Drivers

3.6.1.1.Increase in adoption of hand tools in the construction industry
3.6.1.2.Industrialization coupled with increase in infrastructural spending
3.6.1.3.High initial costs of the power tools

3.6.2.Restraints

3.6.2.1.Growth in popularity of battery power tools
3.6.2.2.Volatile economic conditions in Latin America

3.6.3.Opportunity

3.6.3.1.Growth in machinery and equipment manufacturing sectors

CHAPTER 4:GLOBAL HAND TOOLS MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast, by type

4.2.Wrench

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country

4.3.Plier

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country

4.4.Screw Drivers

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country

4.5.Hammers

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country

4.6.Cable cutter

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis by country

4.7.Others

4.7.1.Key market trends, growth factors, and opportunities
4.7.2.Market size and forecast, by region
4.7.3.Market analysis by country

CHAPTER 5:GLOBAL HAND TOOLS MARKET, BY END USER

5.1.Overview

5.1.1.Market size and forecast, by end user

5.2.DIY

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.Professional

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

5.4.Industrial

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

CHAPTER 6:GLOBAL HAND TOOLS MARKET, BY DISTRIBUTION CHANNEL

6.1.Overview

6.1.1.Market size and forecast, by distribution channel

6.2.Retail109

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country

6.3.Online113

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country

CHAPTER 7:HAND TOOLS MARKET, BY REGION

7.1.Overview

7.1.1.Market size and forecast, by region

7.2.North America

7.2.1.Key market trends and opportunities
7.2.2.Market size and forecast, by type

7.2.2.1.1.North America Market size and forecast, by end user

7.2.3.Market size and forecast, by distribution channel
7.2.4.Market analysis by country

7.2.4.1.U.S.
7.2.4.2.U.S. Market size and forecast, by type

7.2.4.2.1.U.S. Market size and forecast, by end user

7.2.4.3.Market size and forecast, by distribution channel
7.2.4.4.Canada
7.2.4.5.Canada Market size and forecast, by type

7.2.4.5.1.Canada Market size and forecast, by end user

7.2.4.6.Canada Market size and forecast, by distribution channel
7.2.4.7.Mexico

7.2.4.7.1.Mexico Market size and forecast, by type
7.2.4.7.2.Mexico Market size and forecast, by end user

7.2.4.7.2.1.Mexico Market size and forecast, by distribution channel

7.3.Europe

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by type

7.3.2.1.1.Europe Market size and forecast, by end user

7.3.3.Europe Market size and forecast, by distribution channel
7.3.4.Europe Market size and forecast, by country

7.3.4.1.Germany

7.3.4.1.1.Germany Market size and forecast, by type
7.3.4.1.2.Germany Market size and forecast, by end user
7.3.4.1.3.Germany Market size and forecast, by distribution channel

7.3.4.2.France

7.3.4.2.1.France Market size and forecast, by type
7.3.4.2.2.France Market size and forecast, by end user
7.3.4.2.3.France Market size and forecast, by distribution channel

7.3.4.3.UK

7.3.4.3.1.UK Market size and forecast, by type
7.3.4.3.2.UK Market size and forecast, by end user
7.3.4.3.3.Market size and forecast, by distribution channel

7.3.4.4.Italy

7.3.4.4.1.Italy Market size and forecast, by type
7.3.4.4.2.Italy Market size and forecast, by end user
7.3.4.4.3.Market size and forecast, by distribution channel

7.3.4.5.Rest of Europe

7.3.4.5.1.Rest of Europe Market size and forecast, by type
7.3.4.5.2.Rest of Europe Market size and forecast, by end user
7.3.4.5.3.Rest of Europe Market size and forecast, by distribution channel

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by type

7.4.2.1.1.Asia-Pacific Market size and forecast, by end user

7.4.3.Market size and forecast, by distribution channel
7.4.4.Market size and forecast, by country

7.4.4.1.China

7.4.4.1.1.China Market size and forecast, by type
7.4.4.1.2.China Market size and forecast, by end user
7.4.4.1.3.China Market size and forecast, by distribution channel

7.4.4.2.India

7.4.4.2.1.India Market size and forecast, by type
7.4.4.2.2.India Market size and forecast, by end user
7.4.4.2.3.India Market size and forecast, by distribution channel

7.4.4.3.Japan178

7.4.4.3.1.Japan Market size and forecast, by type
7.4.4.3.2.Japan Market size and forecast, by end user
7.4.4.3.3.Japan Market size and forecast, by distribution channel

7.4.4.4.South Korea

7.4.4.4.1.South Korea Market size and forecast, by type
7.4.4.4.2.South Korea Market size and forecast, by end user
7.4.4.4.3.South Korea Market size and forecast, by distribution channel

7.4.4.5.Rest of Asia-Pacific

7.4.4.5.1.Rest of Asia-Pacific Market size and forecast, by type
7.4.4.5.2.Rest of Asia-Pacific Market size and forecast, by end user
7.4.4.5.3.Rest of Asia-Pacific Market size and forecast, by distribution channel

7.5.LAMEA

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by type

7.5.2.1.1.LAMEA Market size and forecast, by end user

7.5.3.Market size and forecast, by distribution channel
7.5.4.Market size and forecast, by country

7.5.4.1.Latin America

7.5.4.1.1.Latin America Market size and forecast, by type
7.5.4.1.2.Latin America Market size and forecast, by end user
7.5.4.1.3.Latin America Market size and forecast, by distribution channel

7.5.4.2.Middle East

7.5.4.2.1.Middle East Market size and forecast, by type
7.5.4.2.2.Middle East Market size and forecast, by end user

7.5.4.2.3.Middle East Market size and forecast, by distribution channel

7.5.4.3.Africa

7.5.4.3.1.Africa Market size and forecast, by type
7.5.4.3.2.Africa Market size and forecast, by end user
7.5.4.3.3.Africa Market size and forecast, by distribution channel

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Introduction

8.1.1.MARKET PLAYER POSITIONING, 2019

8.2.Top winning strategies

CHAPTER 9:COMPANY PROFILES

9.1.Akar Tools Limited

9.1.1.Company overview
9.1.2.Key executive
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Business performance

9.2.Apex Tool Group

9.2.1.Company overview
9.2.2.Key executives
9.2.3.Company snapshot
9.2.4.Operating business segments
9.2.5.Product portfolio
9.2.6.Key strategic moves and developments

9.3.Channellock, Inc

9.3.1.Company overview
9.3.2.Key executive
9.3.3.Company snapshot
9.3.4.Operating business segments
9.3.5.Product portfolio
9.3.6.Key strategic moves and developments

9.4.JCBL India

9.4.1.Company overview
9.4.2.Key executive
9.4.3.Company snapshot
9.4.4.Operating business segments
9.4.5.Product portfolio

9.5.Emerson Electric Co.

9.5.1.Company overview
9.5.2.Key executive
9.5.3.Company snapshot
9.5.4.Operating business segments
9.5.5.Product portfolio
9.5.6.R&D expenditure
9.5.7.Business performance
9.5.8.Key strategic moves and developments

9.6.Klein Tools Inc.

9.6.1.Company overview
9.6.2.Key executive
9.6.3.Company snapshot
9.6.4.Operating business segments
9.6.5.Product portfolio
9.6.6.Key strategic moves and developments

9.7.Snap-On Incorporated.

9.7.1.Company overview
9.7.2.Key executive
9.7.3.Company snapshot
9.7.4.Operating segments
9.7.5.Product portfolio
9.7.6.R&D expenditure
9.7.7.Business Performance
9.7.8.Key strategic moves and developments

9.8.Stanley Black and Decker

9.8.1.Company overview
9.8.2.Key executive
9.8.3.Company snapshot
9.8.4.Operating business segments
9.8.5.Product portfolio
9.8.6.R&D expenditure
9.8.7.Business performance
9.8.8.Key strategic moves and developments

9.9.Techtronic Industries Co. Ltd.

9.9.1.Company overview
9.9.2.Key executive
9.9.3.Company snapshot
9.9.4.Operating business segments
9.9.5.Product portfolio
9.9.6.R&D expenditure
9.9.7.Business performance
9.9.8.Key Strategic moves and developments

9.10.Wera Tools.

9.10.1.Company overview
9.10.2.Key executive
9.10.3.Company snapshot
9.10.4.Product portfolio
9.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL HAND TOOLS MARKET, BY TYPE, 2019-2027 ($MILLION)
TABLE 02.WRENCH HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 03.PLIER HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 04.SCREW DRIVERSHAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 05.HAMMERS HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 06.CABLE CUTTER HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 07.OTHERS HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 01.GLOBAL HAND TOOLS MARKET REVENUE, BY END USER, 2019-2027 ($MILLION)
TABLE 02.DIY HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 03.PROFESSIONAL HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 04.INDUSTRIAL HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 05.GLOBAL HAND TOOLS MARKET REVENUE, BY DISTRIBUTION CHANNEL, 2019-2027 ($MILLION)
TABLE 06.RETAIL HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 07.ONLINE HAND TOOLS MARKET REVENUE, BY REGION 2019–2027($MILLION)
TABLE 08.GLOBAL HAND TOOLS MARKET REVENUE, BY REGION 2019–2027$MILLION)
TABLE 09.NORTH AMERICA HAND TOOLS MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 10.NORTH AMERICA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 11.NORTH AMERICA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 12.NORTH AMERICA HAND TOOLS   MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 13.U.S. HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 14.U.S.  HAND TOOLS MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 15.U.S. HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 16.CANADA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 17.CANADA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 18.CANADA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 19.MEXICO HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 20.MEXICO HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 21.MEXICO HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 22.EUROPE HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 23.EUROPE HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 24.EUROPE HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 25.EUROPE HAND TOOLS   MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 26.GERMANY HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 27.GERMANY HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 28.GERMANY HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 29.FRANCE HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 30.FRANCE HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 31.FRANCE HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 32.UK HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 33.UK HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 34.UK HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 35.ITALY HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 36.ITALY HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 37.ITALY HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 38.REST OF EUROPE HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 39.REST OF EUROPE HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 40.REST OF EUROPE HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 41.ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 42.ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 43.ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 44.ASIA-PACIFIC HAND TOOLS MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 45.CHINA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 46.CHINA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 47.CHINA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 48.INDIA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 49.INDIA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 50.INDIA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 51.JAPAN HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 52.JAPAN HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 53.JAPAN HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 54.SOUTH KOREA HAND TOOLS MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 55.SOUTH KOREA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 56.SOUTH KOREA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 57.REST OF ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 58.REST OF ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 59.REST OF ASIA-PACIFIC HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 60.LAMEA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 61.LAMEA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 62.LAMEA HAND TOOLS MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 63.LAMEA HAND TOOLS   MARKET REVENUE, BY COUNTRY 2019–2027($MILLION)
TABLE 64.LATIN AMERICA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 65.LATIN AMERICA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 66.LATIN AMERICA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 67.MIDDLE EAST HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 68.MIDDLE EAST HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 69.MIDDLE EAST HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 70.AFRICA HAND TOOLS   MARKET REVENUE, BY TYPE 2019–2027($MILLION)
TABLE 71.AFRICA HAND TOOLS   MARKET REVENUE, BY END USER 2019–2027($MILLION)
TABLE 72.AFRICA HAND TOOLS   MARKET REVENUE, BY DISTRIBUTION CHANNEL 2019–2027($MILLION)
TABLE 73.AKAR TOOLS LTD: KEY EXECUTIVE
TABLE 74.AKAR TOOLS LTD: COMPANY SNAPSHOT
TABLE 75.AKAR TOOLS LTD: PRODUCT PORTFOLIO
TABLE 76.APEXT TOOL GROUP: KEY EXECUTIVE
TABLE 77.APEX TOOL GROUP: COMPANY SNAPSHOT
TABLE 78.APEX TOOL GROUP: OPERATING SEGMENTS
TABLE 79.APEX TOOL GROUP: PRODUCT PORTFOLIO
TABLE 80.CHANNELLOCK INC: KEY EXECUTIVE226
TABLE 81.CHANNELLOCK INC: COMPANY SNAPSHOT
TABLE 82.CHANNELLOCK: OPERATING SEGMENTS
TABLE 83.CHANNELLOCK: PRODUCT PORTFOLIO
TABLE 84.JCBL INDIA: KEY EXECUTIVE
TABLE 85.JCBL INDIA: COMPANY SNAPSHOT
TABLE 86.JCBL INDIA: OPERATING SEGMENTS
TABLE 87.JCBL INDIA: PRODUCT PORTFOLIO
TABLE 88.EMERSON ELECTRIC CO: KEY EXECUTIVE
TABLE 89.EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
TABLE 90.EMERSON ELECTRIC CO: OPERATING SEGMENTS
TABLE 91.EMERSON ELECTRIC CO.: PRODUCT PORTFOLIO
TABLE 92.KLEIN TOOLS: KEY EXECUTIVE
TABLE 93.KLEIN TOOLS: COMPANY SNAPSHOT
TABLE 94.KLEIN TOOLS: OPERATING SEGMENTS
TABLE 95.KLEIN TOOLS: PRODUCT PORTFOLIO
TABLE 96.SNAP-ON INCORPORATED: KEY EXECUTIVE
TABLE 97.SNAP -ON INCORPORATED: COMPANY SNAPSHOT
TABLE 98.SNAP-ON INCORPORATED: OPERATING SEGMENTS
TABLE 99.SNAP-ON INCORPORATED: PRODUCT PORTFOLIO
TABLE 100.STANLEY BLACK AND DECKER: KEY EXECUTIVE
TABLE 101.STANLEY BALCK AND DECKER: COMPANY SNAPSHOT
TABLE 102.STANLEY BLACK AND DECKER: OPERATING SEGMENTS
TABLE 103.STANLEY BLACK AND DECKER: PRODUCT PORTFOLIO
TABLE 104.TECHTRONIC INDUSTRIES: KEY EXECUTIVE
TABLE 105.TECHTONIC INDUSTRIES: COMPANY SNAPSHOT
TABLE 106.TECHTRONIC INDUSTRIES: OPERATING SEGMENTS
TABLE 107.TECHTRONIC INDUSTRIES: PRODUCT PORTFOLIO
TABLE 108.WERA TOOLS: KEY EXECUTIVE
TABLE 109.WERA TOOLS: COMPANY SNAPSHOT
TABLE 110.WERA TOOLS: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.TOP IMPACTING FACTORS
FIGURE 04.TOP INVESTMENT POCKETS
FIGURE 05.VALUE CHAIN ANALYSIS
FIGURE 06.SMILING CURVE VALUE CHAIN MODEL
FIGURE 07.GLOBAL HAND TOOLS MARKET, BY TYPE, 2019-2027
FIGURE 08.COMPARATIVE SHARE ANALYSIS OF WRENCH HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 09.COMPARATIVE SHARE ANALYSIS OF PLIER HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 10.COMPARATIVE SHARE ANALYSIS OF SCREW DRIVERS HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF HAMMERS HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF CABLE CUTTER HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF OTHERS HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 14.GLOBAL HAND TOOLS MARKET, BY END USER, 2019–2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF DIY HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF PROFESSIONAL HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF INDUSTRIAL HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.GLOBAL HAND TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2019–2027
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF RETAIL HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF ONLINE HAND TOOLS MARKET, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.HAND TOOLS MARKET, BY REGION, 2019–2027
FIGURE 22.U.S. HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 23.CANADA HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 24.MEXICO HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 25.GERMANY HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 26.FRANCE HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 27.UK HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 28.ITALY HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 29.REST OF EUROPE HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 30.CHINA HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 31.INDIA HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 32.JAPAN HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 33.SOUTH KOREA HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 34.REST OF ASIA-PACIFIC HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 35.LATIN AMERICA HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 36.MIDDLE EAST HAND TOOLS   MARKET REVENUE, 2019–2027($MILLION)
FIGURE 37.AFRICA HAND TOOLS MARKET REVENUE, 2019–2027($MILLION)
FIGURE 38.MARKET PLAYER POSITIONING, 2019210
FIGURE 39.TOP WINNING STRATEGIES, BY YEAR, 2016–2020212
FIGURE 40.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 41.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020215
FIGURE 42.AKAR TOOLS LTD: NET SALES, 2016–2018 ($MILLION)221
FIGURE 43.EMERSON ELECTRIC CO.: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 44.EMERSON ELECTRIC CO.: REVENUE, 2016–2018 ($MILLION)
FIGURE 45.EMERSON ELECTRIC CO: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 46.EMESRON ELECTRIC CO.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 47.SNAP-ON INCORPORATED: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 48.: SNAP-ON INCORPORATED: NET SALES, 2017-2019 ($MILLION)
FIGURE 49.SNAP-ON INCORPORATED: NET SALES BY SEGMENTS 2019(%)
FIGURE 50.SNAP-ON INCORPORATED BY REGION 2019 (%)
FIGURE 51.STANLEY BLACK AND DECKER: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 52.STANLEY BLACK AND DECKER: REVENUE, 2016–2018 ($MILLION)
FIGURE 53.STANLEY BLACK AND DECKER: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 54.STANLEY BLACK AND DECKER: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 55.TECHTRONIC INDUSTRIES: R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 56.TECHTRONIC INDUSTRIES: REVENUE, 2016–2018 ($MILLION)
FIGURE 57.TECHNTRONIC INDUSTRIES: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 58.TECHNTRONIC INDUSTRIES: REVENUE SHARE BY REGION, 2018 (%)

 
 

The consumption of hand tools is highest in the Asia-Pacific region due to growth if industrial sector and rise in urbanization. In addition, the utilization of hammers, wrenches, and cable cutters is on a rise, owing to increase in the cable and construction industry around the globe. Moreover, Asia-Pacific is expected to grow at a highest CAGR during the forecast period, with notable growth in the developing countries such as China and India, which have become a favorable destination for investments in the manufacturing sector.

Growth in demand for automation in industries has transformed the adoption of hand tools in the recent years. These hand tools are cheap as compare to the power tools that work on electricity and other advance technology. The hand tools are popular due to the DIY culture and their features such as lightweight and more durable. Manufacturers of hand tools are taking continuous efforts to develop durable and efficient hand tools for the automation industry. Players operating in the hand tools market have adopted product launch as their key growth strategy to gain a stronger foothold. Thus, all these factors together are anticipated to significantly contribute toward the growth of the global hand tools market.

 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The hand tools market size was valued at $22,200.0 million in 2019.

A. Based on type, the wrench segment holds the maximum market share of the Hand tools market in 2019

A. To get latest version of Hand tools market report

A. The Hand tools market is projected to reach $30,381.0 million by 2027.

A. The industrialization and growing investment in the infrastructure sector are the key trends in the Hand tools market.

A. The top ten market players are selected based on two key attributes - competitive strength and market positioning

A. The product launch is key growth strategy of Hand tools industry players.

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Increase in automation in industries, and surge in DIY culture are the effecting factors for Hand tools market.

A. Its application includes residential, professional, and industrial hand tools.

 

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