The huge demand from developing economies, the growing popularity of DIY activities, and the surging construction market will offer immense growth opportunities for the hand tools market players. However, factors such as fluctuating raw material prices may threaten the growth of the market.
Hand Tools Market 2021-2025: Segmentation
- End-user
- Industrial
- Household
- Application
- General-purpose
- Metal Cutting
- Others
- Geography
- North America
- APAC
- Europe
- South America
- MEA
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Hand Tools Market 2021-2025: Vendor Analysis and Scope
The hand tools market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Akar Auto Industries Ltd., Apex Tool Group LLC, Channellock Inc., Emerson Electric Co., IDEAL INDUSTRIES INC., JPW Industries Inc., Kennametal Inc., Snap-on Inc., Stanley Black and Decker Inc., and Techtronic Industries Co. Ltd. are some of the major market participants. Backed with competitive intelligence and benchmarking, our research reports on the hand tools market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Hand Tools Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist hand tools market growth during the next five years
- Estimation of the hand tools market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the hand tools market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hand tools market vendors
Related Reports:
HSS Metal Cutting Tools Market by Product and Geography – Forecast and Analysis 2021-2025
Cutting Tool Inserts Market by Type, Application, and Geography – Forecast and Analysis 2021-2025
Hand Tools Market Scope
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2020 |
|
Forecast period |
2021-2025 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 3.92% |
|
Market growth 2021-2025 |
$ 2.02 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
3.65 |
|
Regional analysis |
North America, APAC, Europe, South America, and MEA |
|
Performing market contribution |
APAC at 38% |
|
Key consumer countries |
US, China, Germany, Japan, and UK |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
Akar Auto Industries Ltd., Apex Tool Group LLC, Channellock Inc., Emerson Electric Co., IDEAL INDUSTRIES INC., JPW Industries Inc., Kennametal Inc., Snap-on Inc., Stanley Black and Decker Inc., and Techtronic Industries Co. Ltd. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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