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

December 2023 | 159 pages | ID: GB3CF8A605D8EN
GMD Research

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Global benchtop tools market will reach $5.94 billion by 2032, growing by 4.9% annually over 2022-2032. The growth is driven by the rising construction projects, availability of new tools for benchtop work, and growing purchasing power.

Highlighted with 80 tables and 70 figures, this 159-page report “Global Benchtop Tools Market 2022-2032 by Product Type (Cutting, Drilling, Grinding & Sanding), Application (Residential, Commercial, Industrial), Distribution Channel (Online, Offline), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global benchtop tools market in every aspect of the classification from perspectives of Product Type, Application, Distribution Channel, and Region.

Based on Product Type, the global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
  • South America (Brazil, Colombia, Argentina, Rest of South America)
  • MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market 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.)

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 GLOBAL 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 GLOBAL 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 GLOBAL MARKET BY DISTRIBUTION CHANNEL

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

6 SEGMENTATION OF GLOBAL MARKET BY REGION

6.1 Geographic Market Overview 2022-2032
6.2 North America Market 2022-2032 by Country
  6.2.1 Overview of North America Market
  6.2.2 U.S.
  6.2.3 Canada
  6.2.4 Mexico
6.3 European Market 2022-2032 by Country
  6.3.1 Overview of European Market
  6.3.2 Germany
  6.3.3 U.K.
  6.3.4 France
  6.3.5 Spain
  6.3.6 Italy
  6.3.7 Netherlands
  6.3.8 Rest of European Market
6.4 Asia-Pacific Market 2022-2032 by Country
  6.4.1 Overview of Asia-Pacific Market
  6.4.2 Japan
  6.4.3 China
  6.4.4 Australia
  6.4.5 India
  6.4.6 South Korea
  6.4.7 Rest of APAC Region
6.5 South America Market 2022-2032 by Country
  6.5.1 Argentina
  6.5.2 Brazil
  6.5.3 Colombia
  6.5.4 Rest of South America Market
6.6 MEA Market 2022-2032 by Country
  6.6.1 UAE
  6.6.2 Saudi Arabia
  6.6.3 South Africa
  6.6.4 Other National Markets

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

Table 1. Snapshot of Global 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 Global Benchtop Tools Market
Table 6. Global Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 7. Global Benchtop Tools Market by Application, 2022-2032, $ mn
Table 8. Global Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 9. Global Benchtop Tools Market by Region, 2022-2032, $ mn
Table 10. Leading National Benchtop Tools Market, 2022 and 2032, $ mn
Table 11. North America Benchtop Tools Market by Country, 2022-2032, $ mn
Table 12. U.S. Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 13. U.S. Benchtop Tools Market by Application, 2022-2032, $ mn
Table 14. U.S. Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 15. Canada Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 16. Canada Benchtop Tools Market by Application, 2022-2032, $ mn
Table 17. Canada Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 18. Mexico Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 19. Mexico Benchtop Tools Market by Application, 2022-2032, $ mn
Table 20. Mexico Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 21. Europe Benchtop Tools Market by Country, 2022-2032, $ mn
Table 22. Germany Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 23. Germany Benchtop Tools Market by Application, 2022-2032, $ mn
Table 24. Germany Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 25. U.K. Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 26. U.K. Benchtop Tools Market by Application, 2022-2032, $ mn
Table 27. U.K. Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 28. France Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 29. France Benchtop Tools Market by Application, 2022-2032, $ mn
Table 30. France Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 31. Spain Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 32. Spain Benchtop Tools Market by Application, 2022-2032, $ mn
Table 33. Spain Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 34. Italy Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 35. Italy Benchtop Tools Market by Application, 2022-2032, $ mn
Table 36. Italy Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 37. Netherlands Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 38. Netherlands Benchtop Tools Market by Application, 2022-2032, $ mn
Table 39. Netherlands Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 40. Benchtop Tools Market in Rest of Europe by Country, 2022-2032, $ mn
Table 41. APAC Benchtop Tools Market by Country, 2022-2032, $ mn
Table 42. Japan Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 43. Japan Benchtop Tools Market by Application, 2022-2032, $ mn
Table 44. Japan Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 45. China Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 46. China Benchtop Tools Market by Application, 2022-2032, $ mn
Table 47. China Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 48. Australia Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 49. Australia Benchtop Tools Market by Application, 2022-2032, $ mn
Table 50. Australia Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 51. India Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 52. India Benchtop Tools Market by Application, 2022-2032, $ mn
Table 53. India Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 54. South Korea Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 55. South Korea Benchtop Tools Market by Application, 2022-2032, $ mn
Table 56. South Korea Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 57. Benchtop Tools Market in Rest of APAC by Country/Region, 2022-2032, $ mn
Table 58. South America Benchtop Tools Market by Country, 2022-2032, $ mn
Table 59. Argentina Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 60. Argentina Benchtop Tools Market by Application, 2022-2032, $ mn
Table 61. Argentina Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 62. Brazil Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 63. Brazil Benchtop Tools Market by Application, 2022-2032, $ mn
Table 64. Brazil Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 65. Colombia Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 66. Colombia Benchtop Tools Market by Application, 2022-2032, $ mn
Table 67. Colombia Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 68. MEA Benchtop Tools Market by Country, 2022-2032, $ mn
Table 69. UAE Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 70. UAE Benchtop Tools Market by Application, 2022-2032, $ mn
Table 71. UAE Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 72. Saudi Arabia Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 73. Saudi Arabia Benchtop Tools Market by Application, 2022-2032, $ mn
Table 74. Saudi Arabia Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 75. South Africa Benchtop Tools Market by Product Type, 2022-2032, $ mn
Table 76. South Africa Benchtop Tools Market by Application, 2022-2032, $ mn
Table 77. South Africa Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn
Table 78. 3M Company: Company Snapshot
Table 79. 3M Company: Business Segmentation
Table 80. 3M Company: Product Portfolio

LIST OF FIGURES

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032
Figure 4. Global Benchtop Tools Market, 2022-2032, $ mn
Figure 5. Impact of COVID-19 on Business
Figure 6. Primary Drivers and Impact Factors of Global 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 Global Benchtop Tools Market
Figure 10. Investment Opportunity Analysis
Figure 11. Porter’s Fiver Forces Analysis of Global Benchtop Tools Market
Figure 12. Breakdown of Global Benchtop Tools Market by Product Type, 2022-2032, % of Revenue
Figure 13. Global Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%)
Figure 14. Global Benchtop Tools Market by Product Type: Cutting Tools, 2022-2032, $ mn
Figure 15. Global Benchtop Tools Market by Product Type: Drilling Tools, 2022-2032, $ mn
Figure 16. Global Benchtop Tools Market by Product Type: Grinding & Sanding Tools, 2022-2032, $ mn
Figure 17. Global Benchtop Tools Market by Product Type: Jointers, Planers & Routers, 2022-2032, $ mn
Figure 18. Global Benchtop Tools Market by Product Type: Other Products, 2022-2032, $ mn
Figure 19. Breakdown of Global Benchtop Tools Market by Application, 2022-2032, % of Sales Revenue
Figure 20. Global Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%)
Figure 21. Global Benchtop Tools Market by Application: Residential Use, 2022-2032, $ mn
Figure 22. Global Benchtop Tools Market by Application: Commercial Use, 2022-2032, $ mn
Figure 23. Global Benchtop Tools Market by Application: Industrial Use, 2022-2032, $ mn
Figure 24. Global Benchtop Tools Market by Application: Other Applications, 2022-2032, $ mn
Figure 25. Breakdown of Global Benchtop Tools Market by Distribution Channel, 2022-2032, % of Sales Revenue
Figure 26. Global Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%)
Figure 27. Global Benchtop Tools Market by Distribution Channel: Online Sales, 2022-2032, $ mn
Figure 28. Global Benchtop Tools Market by Distribution Channel: Offline Sales, 2022-2032, $ mn
Figure 29. Global Market Snapshot by Region
Figure 30. Geographic Spread of Worldwide Benchtop Tools Market, 2022-2032, % of Sales Revenue
Figure 31. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%)
Figure 32. North American Benchtop Tools Market, 2022-2032, $ mn
Figure 33. Breakdown of North America Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 34. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 35. U.S. Benchtop Tools Market, 2022-2032, $ mn
Figure 36. Canada Benchtop Tools Market, 2022-2032, $ mn
Figure 37. Benchtop Tools Market in Mexico, 2022-2032, $ mn
Figure 38. European Benchtop Tools Market, 2022-2032, $ mn
Figure 39. Breakdown of European Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 40. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 41. Benchtop Tools Market in Germany, 2022-2032, $ mn
Figure 42. Benchtop Tools Market in U.K., 2022-2032, $ mn
Figure 43. Benchtop Tools Market in France, 2022-2032, $ mn
Figure 44. Benchtop Tools Market in Spain, 2022-2032, $ mn
Figure 45. Benchtop Tools Market in Italy, 2022-2032, $ mn
Figure 46. Benchtop Tools Market in Netherlands, 2022-2032, $ mn
Figure 47. Benchtop Tools Market in Rest of Europe, 2022-2032, $ mn
Figure 48. Asia-Pacific Benchtop Tools Market, 2022-2032, $ mn
Figure 49. Breakdown of APAC Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 50. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 51. Benchtop Tools Market in Japan, 2022-2032, $ mn
Figure 52. Benchtop Tools Market in China, 2022-2032, $ mn
Figure 53. Benchtop Tools Market in Australia, 2022-2032, $ mn
Figure 54. Benchtop Tools Market in India, 2022-2032, $ mn
Figure 55. Benchtop Tools Market in South Korea, 2022-2032, $ mn
Figure 56. Benchtop Tools Market in Rest of APAC, 2022-2032, $ mn
Figure 57. South America Benchtop Tools Market, 2022-2032, $ mn
Figure 58. Breakdown of South America Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 59. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 60. Benchtop Tools Market in Argentina, 2022-2032, $ mn
Figure 61. Benchtop Tools Market in Brazil, 2022-2032, $ mn
Figure 62. Benchtop Tools Market in Colombia, 2022-2032, $ mn
Figure 63. Benchtop Tools Market in Rest of South America, 2022-2032, $ mn
Figure 64. Benchtop Tools Market in Middle East and Africa (MEA), 2022-2032, $ mn
Figure 65. Breakdown of MEA Benchtop Tools Market by Country, 2022 and 2032, % of Revenue
Figure 66. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 67. Benchtop Tools Market in UAE, 2022-2032, $ mn
Figure 68. Benchtop Tools Market in Saudi Arabia, 2022-2032, $ mn
Figure 69. Benchtop Tools Market in South Africa, 2022-2032, $ mn
Figure 70. Growth Stage of Global Benchtop Tools Industry over the Forecast Period


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