Asia Pacific Benchtop Tools Market 2022-2032 by Product Type (Cutting, Drilling, Grinding & Sanding), Application (Residential, Commercial, Industrial), Distribution Channel (Online, Offline), and Country: Trend Forecast and Growth Opportunity

December 2023 | 103 pages | ID: AFDA5FA9C675EN
GMD Research

Abstracts

Asia Pacific benchtop tools market will grow by 6.4% annually with a total addressable market cap of $12.74 billion over 2023-2032. The growth is driven by the rising construction projects, availability of new tools for benchtop work, and growing purchasing power.

Highlighted with 28 tables and 37 figures, this 103-page report “Asia Pacific Benchtop Tools Market 2022-2032 by Product Type (Cutting, Drilling, Grinding & Sanding), Application (Residential, Commercial, Industrial), Distribution Channel (Online, Offline), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific benchtop tools market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific benchtop tools market in every aspect of the classification from perspectives of Product Type, Application, Distribution Channel, and Country.

Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Cutting Tools
• Drilling Tools
• Grinding & Sanding Tools
• Jointers, Planers & Routers
• Other Products

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Residential Use
• Commercial Use
• Industrial Use
• Other Applications

By Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.

• Online Sales
• Offline Sales

Geographically, the following national/local markets are fully investigated:

• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Application, and Distribution Channel over the forecast years are also included.

The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

3M Company

CRAFTSMAN

Ferm International

Festool

Hanley Wood Media Inc.

Hilti

JPW Industries

Koki Holdings America Ltd.

KYOCERA Corporation

Laguna Tools

Makita Corporation

Positec Tool Corporation

POWERTEC

PROXXON

Record Power

Richpower Industries Inc.

RIKON Power Tools

Robert Bosch Tool Corporation

Samtec Tools and Accessories Pvt. Ltd.

Stanley Black & Decker

Techtronic Industries

Triton Tools

WEN Products

(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
  2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF ASIA PACIFIC MARKET BY PRODUCT TYPE

3.1 Market Overview by Product Type
3.2 Cutting Tools
3.3 Drilling Tools
3.4 Grinding & Sanding Tools
3.5 Jointers, Planers & Routers
3.6 Other Products

4 SEGMENTATION OF ASIA PACIFIC MARKET BY APPLICATION

4.1 Market Overview by Application
4.2 Residential Use
4.3 Commercial Use
4.4 Industrial Use
4.5 Other Applications

5 SEGMENTATION OF ASIA PACIFIC MARKET BY DISTRIBUTION CHANNEL

5.1 Market Overview by Distribution Channel
5.2 Online Sales
5.3 Offline Sales

6 ASIA-PACIFIC MARKET 2022-2032 BY COUNTRY

6.1 Overview of Asia-Pacific Market
6.2 Japan
6.3 China
6.4 Australia
6.5 India
6.6 South Korea
6.7 Rest of APAC Region

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles

3M COMPANY

CRAFTSMAN
Ferm International
Festool
Hanley Wood Media Inc.
Hilti
JPW Industries
Koki Holdings America Ltd.
KYOCERA Corporation
Laguna Tools
Makita Corporation
Positec Tool Corporation
POWERTEC
PROXXON
Record Power
Richpower Industries Inc.
RIKON Power Tools
Robert Bosch Tool Corporation
Samtec Tools and Accessories Pvt. Ltd.
Stanley Black & Decker
Techtronic Industries
Triton Tools
WEN Products
RELATED REPORTS

List Of Tables

LIST OF TABLES

Table 1. Snapshot of Asia Pacific Benchtop Tools Market in Balanced Perspective, 2022-2032
Table 2. World Economic Outlook, 2021-2031
Table 3. World Economic Outlook, 2021-2023
Table 4. Scenarios for Economic Impact of Ukraine Crisis
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Benchtop Tools Market
Table 6. Asia Pacific Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 7. Asia Pacific Benchtop Tools Market by Application, 2022-2032, $ mn
Table 8. Asia Pacific Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 9. APAC Benchtop Tools Market by Country, 2022-2032, $ mn
Table 10. Japan Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 11. Japan Benchtop Tools Market by Application, 2022-2032, $ mn
Table 12. Japan Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 13. China Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 14. China Benchtop Tools Market by Application, 2022-2032, $ mn
Table 15. China Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 16. Australia Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 17. Australia Benchtop Tools Market by Application, 2022-2032, $ mn
Table 18. Australia Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 19. India Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 20. India Benchtop Tools Market by Application, 2022-2032, $ mn
Table 21. India Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 22. South Korea Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 23. South Korea Benchtop Tools Market by Application, 2022-2032, $ mn
Table 24. South Korea Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 25. Benchtop Tools Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 26. 3M Company: Company Snapshot
Table 27. 3M Company: Business Segmentation
Table 28. 3M Company: Product Portfolio

List Of Figures

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Asia Pacific Benchtop Tools Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Benchtop Tools Market
Figure 7. World Construction Industry, 2019-2030, $ trillion
Figure 8. Worldwide B2C E-commerce Market, 2019-2030, $ bn
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Benchtop Tools Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Benchtop Tools Market
Figure 12. Breakdown of Asia Pacific Benchtop Tools Market by Product Type, 2022-2032, % of Revenue
Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%)
Figure 14. Asia Pacific Benchtop Tools Market by Product Type: Cutting Tools, 2022-2032, $ mn
Figure 15. Asia Pacific Benchtop Tools Market by Product Type: Drilling Tools, 2022-2032, $ mn
Figure 16. Asia Pacific Benchtop Tools Market by Product Type: Grinding & Sanding Tools, 2022-2032, $ mn
Figure 17. Asia Pacific Benchtop Tools Market by Product Type: Jointers, Planers & Routers, 2022-2032, $ mn
Figure 18. Asia Pacific Benchtop Tools Market by Product Type: Other Products, 2022-2032, $ mn
Figure 19. Breakdown of Asia Pacific Benchtop Tools Market by Application, 2022-2032, % of Sales Revenue
Figure 20. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 21. Asia Pacific Benchtop Tools Market by Application: Residential Use, 2022-2032, $ mn
Figure 22. Asia Pacific Benchtop Tools Market by Application: Commercial Use, 2022-2032, $ mn
Figure 23. Asia Pacific Benchtop Tools Market by Application: Industrial Use, 2022-2032, $ mn
Figure 24. Asia Pacific Benchtop Tools Market by Application: Other Applications, 2022-2032, $ mn
Figure 25. Breakdown of Asia Pacific Benchtop Tools Market by Distribution Channel, 2022-2032, % of Sales Revenue
Figure 26. Asia Pacific Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%)
Figure 27. Asia Pacific Benchtop Tools Market by Distribution Channel: Online Sales, 2022-2032, $ mn
Figure 28. Asia Pacific Benchtop Tools Market by Distribution Channel: Offline Sales, 2022-2032, $ mn
Figure 29. Breakdown of APAC Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 30. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 31. Benchtop Tools Market in Japan, 2022-2032, $ mn
Figure 32. Benchtop Tools Market in China, 2022-2032, $ mn
Figure 33. Benchtop Tools Market in Australia, 2022-2032, $ mn
Figure 34. Benchtop Tools Market in India, 2022-2032, $ mn
Figure 35. Benchtop Tools Market in South Korea, 2022-2032, $ mn
Figure 36. Benchtop Tools Market in Rest of APAC, 2022-2032, $ mn
Figure 37. Growth Stage of Asia Pacific Benchtop Tools Industry over the Forecast Period