Hand Tools & Woodworking Tools Market with COVID-19 Impact, By Type (Chisels, Hammers, Saws, Pliers, Wrenches, Screwdrivers), Distribution Channel (Online, Offline), End User, and Region - Global Forecast to 2026
The hand tools and woodworking tools market size is expected to grow from USD 8.4 billion in 2021 to USD 10.3 billion by 2026, at a CAGR of 4.0%. The growth of the market is attributed to the increasing commercial as well as residential construction and infrastructure projects, adoption of hand tools in households for residential/DIY purposes as well as growing manufacturing setups and increasing repair and maintenance operations across the world. However, factors such as increase in safety risks and concerns due to improper use of hand tools are restraining the market growth. On the flip side, the development of variable-size/multi-tasking single tools that cater to multiple operations might increase demand for hand tools, and increase in hand tool automation to reduce physical work might boost hand tool usage and are expected to create opportunities for the adoption of hand tools and woodworking tools in the coming years. Moreover, the lack of all-specification/dimension hand tools for end-users to be prepared for every possible area of application acts as a challenge for the hand tools and woodworking tools market.
“Online distribution channel to grow at the fastest rate during the forecast period”
Online distribution channels can be seen changing the way customers shop. They are providing customers with numerous additional benefits such as door-to-door delivery of products and provide an online display of an extensive variety of products and brands to choose from through their online e-commerce platforms. Various third-party distributors sell hand tools on the online platforms. This helps the customers compare, evaluate, study, and select the best suitable hand tool. These online platforms has enabled many hand tool manufacturers to sell their products directly to the end customers. Large manufacturing organizations can be seen launching their online distribution channels with their e-commerce platforms.
“Professional end-users to hold the largest share of hand tools and woodworking tools market by 2026”
The market for the professional end-user segment is expected to hold the largest share during the forecast period. With the rising population and infrastructural development worldwide, professional applications such as plumbing, electrification, and carpentry have registered strong growth. Additionally, growth in other industries, such as oil & gas, electronics, automotive, aerospace, energy, mining, and shipbuilding, also contribute to the growth of the professional usage of hand tools & woodworking tools with the increasing application areas.
“Hand tools and woodworking tools market in APAC to grow at the highest CAGR”
The growth of the hand tools and woodworking tools market in APAC can be attributed to the rapid industrialization and surging construction activities in the countries such as India, China, Australia, and Japan. Hand tools are highly used in both construction and industrial activities. Even governments from the leading countries are taking initiatives towards developing infrastructural and construction plans and to bring industrial development with the increasing number of industrial plants and manufacturing units. However, the pandemic has resulted in disruptions in supply chain activities, revenue losses, and slowdown in production activities which have somehow impacted the growth of the market, eventually impacting the economy.
Breakdown of the profiles of primary participants:
Research Coverage
In this report, the Hand tools and woodworking tools market has been segmented based on type, end-user, distribution channel, and region. The Hand tools and woodworking tools market based on type has been segmented into chisels, hammers, saws, pliers, wrenches, screwdrivers, and others. Based on the distribution channel, the market has been segmented into online and retail/offline. Based on the end-user, the market has been segregated into professional and residential/DIY. The study also forecasts the size of the market in four main regions—North America, Europe, APAC, and RoW.
Key Benefits of Buying the Report:
“Online distribution channel to grow at the fastest rate during the forecast period”
Online distribution channels can be seen changing the way customers shop. They are providing customers with numerous additional benefits such as door-to-door delivery of products and provide an online display of an extensive variety of products and brands to choose from through their online e-commerce platforms. Various third-party distributors sell hand tools on the online platforms. This helps the customers compare, evaluate, study, and select the best suitable hand tool. These online platforms has enabled many hand tool manufacturers to sell their products directly to the end customers. Large manufacturing organizations can be seen launching their online distribution channels with their e-commerce platforms.
“Professional end-users to hold the largest share of hand tools and woodworking tools market by 2026”
The market for the professional end-user segment is expected to hold the largest share during the forecast period. With the rising population and infrastructural development worldwide, professional applications such as plumbing, electrification, and carpentry have registered strong growth. Additionally, growth in other industries, such as oil & gas, electronics, automotive, aerospace, energy, mining, and shipbuilding, also contribute to the growth of the professional usage of hand tools & woodworking tools with the increasing application areas.
“Hand tools and woodworking tools market in APAC to grow at the highest CAGR”
The growth of the hand tools and woodworking tools market in APAC can be attributed to the rapid industrialization and surging construction activities in the countries such as India, China, Australia, and Japan. Hand tools are highly used in both construction and industrial activities. Even governments from the leading countries are taking initiatives towards developing infrastructural and construction plans and to bring industrial development with the increasing number of industrial plants and manufacturing units. However, the pandemic has resulted in disruptions in supply chain activities, revenue losses, and slowdown in production activities which have somehow impacted the growth of the market, eventually impacting the economy.
Breakdown of the profiles of primary participants:
- By Company Type: Tier 1 - 52%, Tier 2 - 31%, and Tier 3 - 17%
- By Designation: C-level Executives - 47%, Directors - 31%, and others - 22%
- By Region: North America - 36%, Europe - 29%, APAC - 30%, and RoW - 5%
Research Coverage
In this report, the Hand tools and woodworking tools market has been segmented based on type, end-user, distribution channel, and region. The Hand tools and woodworking tools market based on type has been segmented into chisels, hammers, saws, pliers, wrenches, screwdrivers, and others. Based on the distribution channel, the market has been segmented into online and retail/offline. Based on the end-user, the market has been segregated into professional and residential/DIY. The study also forecasts the size of the market in four main regions—North America, Europe, APAC, and RoW.
Key Benefits of Buying the Report:
- The report would help market leaders/new entrants in this market in the following ways:
- This report segments of the Hand tools and woodworking tools market comprehensively and provides the closest approximation of the overall market size and subsegments that include type, industry, and region.
- The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities pertaining to the market.
- This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business.
- The competitive landscape section includes the competitor ecosystem, as well as growth strategies such as product launches, acquisitions, and expansions carried out by major market players.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 HAND TOOLS & WOODWORKING TOOLS MARKET:
INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 SEGMENTS COVERED
FIGURE 1 HAND TOOLS & WOODWORKING TOOLS MARKET SEGMENTATION
FIGURE 2 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 HAND TOOLS & WOODWORKING TOOLS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY & PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY SIDE): REVENUE OF PRODUCTS OF HAND TOOLS & WOODWORKING TOOLS MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 5 HAND TOOLS & WOODWORKING TOOLS MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 6 HAND TOOLS & WOODWORKING TOOLS MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 2 LIMITATIONS & ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 8 COVID-19 IMPACT ANALYSIS ON THE HAND TOOLS &
WOODWORKING TOOLS MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 9 WRENCHES TO ACCOUNT FOR THE LARGEST HAND TOOLS SHARE IN 2021
FIGURE 10 RESIDENTIAL/DIY USAGE EXPECTED TO GROW AT A HIGHER CAGR
DURING THE FORECAST PERIOD
FIGURE 11 OFFLINE DISTRIBUTION CHANNEL WAS LARGELY ADOPTED FOR
HAND TOOLS IN 2021
FIGURE 12 NORTH AMERICA TO HOLD THE LARGEST SHARE OF THE HAND TOOLS & WOODWORKING TOOLS MARKET IN 2021
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR THE HAND TOOLS &
WOODWORKING TOOLS MARKET
FIGURE 13 HAND TOOLS & WOODWORKING TOOLS MARKET TO EXPERIENCE HUGE GROWTH OPPORTUNITIES IN APAC
4.2 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
FIGURE 14 MARKET FOR RESIDENTIAL/DIY USES IS EXPECTED TO GROW AT A HIGHER CAGR BETWEEN 2021 AND 2026
4.3 HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE
FIGURE 15 WRENCHES TO ACCOUNT FOR THE LARGEST SHARE OF THE HAND TOOLS & WOODWORKING TOOLS MARKET BY 2026
4.4 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
FIGURE 16 ONLINE DISTRIBUTION CHANNEL TO GROW AT A HIGHER CAGR BETWEEN 2021 AND 2026
4.5 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
FIGURE 17 NORTH AMERICA TO BE THE LARGEST HAND TOOLS &
WOODWORKING TOOLS MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing commercial as well as residential construction and infrastructure projects
5.2.1.2 Growing adoption of hand tools in households for
residential/DIY purposes
5.2.1.3 Growing manufacturing setups and increasing repair and maintenance operations
FIGURE 19 DRIVERS OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Increase in safety risks and concerns due to improper use
of hand tools
FIGURE 20 RESTRAINTS OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Variable-size/Multitasking single tools that cater to multiple operations might increase the demand for hand tools
5.2.3.2 Increase in hand tool automation to reduce physical work might boost hand tool usage
FIGURE 21 OPPORTUNITIES OF GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Lack of all-specification/dimension hand tools to be prepared for every possible area of application
FIGURE 22 CHALLENGES OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 HAND TOOLS & WOODWORKING TOOLS MARKET: VALUE CHAIN
5.3.1 RAW MATERIAL SUPPLIERS
5.3.2 HAND TOOL MANUFACTURERS & ASSEMBLERS
5.3.3 HAND TOOL RETAILERS/DISTRIBUTORS
5.3.4 END USERS
5.4 ECOSYSTEM
FIGURE 24 GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET: ECOSYSTEM
TABLE 3 HAND TOOLS & WOODWORKING TOOLS MARKET: ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
5.5.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR HAND & WOODWORKING TOOL MANUFACTURERS
FIGURE 25 REVENUE SHIFT FOR HAND TOOLS AND WOODWORKING TOOLS MARKET
5.6 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 PORTER’S 5 FORCES IMPACT ON THE HAND TOOLS &
WOODWORKING TOOLS MARKET
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS: HAND TOOLS &
WOODWORKING TOOLS MARKET
5.6.1 THREAT FROM NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITION RIVALRY
5.7 CASE STUDY ANALYSIS
5.7.1 MILLENNIUM CONTROL SYSTEMS USED RIDGID RE 6 ELECTRICAL TOOL
BY EMERSON ELECTRIC FOR DRILLING QUICK AND EFFICIENT HOLES
5.7.2 E.M. DUGGAN USED RIDGID B-500 BEVELLER BY EMERSON
ELECTRIC FOR CUTTING BEVELS
5.8 TECHNOLOGY TRENDS
5.8.1 BRUSHLESS DC MOTORS
5.8.2 CONNECTED ASSEMBLY POWER TOOLS
5.8.3 WIRELESS CHARGING
5.8.4 PNEUMATIC TOOLS
5.8.5 HYDRAULIC TOOLS
5.8.6 POWER-ACTUATED TOOLS
5.9 PRICING ANALYSIS
5.10 PATENT ANALYSIS
FIGURE 27 ANALYSIS OF PATENTS GRANTED FOR HAND TOOLS &
WOODWORKING TOOLS MARKET
5.10.1 LIST OF FEW PATENTS IN THE HAND TOOLS & WOODWORKING
TOOLS MARKET, 2019-20
5.11 TRADE ANALYSIS
5.11.1 EXPORT SCENARIO OF HAND TOOLS
FIGURE 28 HAND TOOLS EXPORT, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.11.2 IMPORT SCENARIO OF HAND TOOLS
FIGURE 29 HAND TOOLS IMPORT, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.12 MARKET STANDARDS
5.12.1 ANSI (AMERICAN NATIONAL STANDARDS INSTITUTE) STANDARDS
FOR HAND TOOLS
5.12.2 JIS (JAPANESE INDUSTRIAL STANDARDS) FOR HAND TOOLS
5.12.3 DIN (DEUTSCHES INSTITUT F?R NORMUNG) STANDARDS FOR HAND TOOLS
5.12.4 OSHA
6 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
6.1 INTRODUCTION
FIGURE 30 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
FIGURE 31 THE ONLINE SEGMENT TO ACCOUNT FOR A LARGER MARKET SIZE IN 2021
TABLE 5 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 6 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
6.2 OFFLINE/RETAIL
6.2.1 OFFLINE/RETAIL CHANNEL ACCOUNTING FOR A LARGER MARKET SHARE
TABLE 7 OFFLINE/RETAIL: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 8 OFFLINE/RETAIL: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2021–2026 (USD MILLION)
6.2.2 COVID-19 IMPACT ON THE RETAIL CHANNEL
6.3 ONLINE
6.3.1 ONLINE CHANNEL EXPECTED TO ACHIEVE A HIGHER GROWTH RATE
TABLE 9 ONLINE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 10 ONLINE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2021–2026 (USD MILLION)
6.3.2 COVID-19 IMPACT ON THE ONLINE CHANNEL
7 HAND TOOLS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 32 HAND TOOLS MARKET, BY TYPE
FIGURE 33 THE WRENCHES MARKET TO ACCOUNT FOR THE LARGEST SHARE IN 2021
TABLE 11 HAND TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 12 HAND TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.2 CHISELS
7.2.1 PRECISION IN CUTTING OPERATIONS
TABLE 13 HAND TOOLS MARKET FOR CHISELS, BY END USER, 2017–2020 (USD MILLION)
TABLE 14 HAND TOOLS MARKET FOR CHISELS, BY END USER, 2021–2026 (USD MILLION)
TABLE 15 HAND TOOLS MARKET FOR CHISELS, BY REGION, 2017–2020 (USD MILLION)
TABLE 16 HAND TOOLS MARKET FOR CHISELS, BY REGION, 2021–2026 (USD MILLION)
7.3 HAMMERS
7.3.1 EXPLICIT GROWTH IN THE CONSTRUCTION INDUSTRY DRIVING THE DEMAND
TABLE 17 HAND TOOLS MARKET FOR HAMMERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 18 HAND TOOLS MARKET FOR HAMMERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 19 HAND TOOLS MARKET FOR HAMMERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 20 HAND TOOLS MARKET FOR HAMMERS, BY REGION, 2021–2026 (USD MILLION)
7.4 SAWS
7.4.1 EASE AND PRECISION IN CUTTING OPERATIONS
TABLE 21 HAND TOOLS MARKET FOR SAWS, BY END USER, 2017–2020 (USD MILLION)
TABLE 22 HAND TOOLS MARKET FOR SAWS, BY END USER, 2021–2026 (USD MILLION)
TABLE 23 HAND TOOLS MARKET FOR SAWS, BY REGION, 2017–2020 (USD MILLION)
TABLE 24 HAND TOOLS MARKET FOR SAWS, BY REGION, 2021–2026 (USD MILLION)
7.5 PLIERS
7.5.1 INCREASING USE OF PLIERS FOR ELECTRIFICATION WORKS
TABLE 25 HAND TOOLS MARKET FOR PLIERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 26 HAND TOOLS MARKET FOR PLIERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 27 HAND TOOLS MARKET FOR PLIERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 28 HAND TOOLS MARKET FOR PLIERS, BY REGION, 2021–2026 (USD MILLION)
7.6 WRENCHES
7.6.1 RAPIDLY DEVELOPING AUTOMOTIVE INDUSTRY
TABLE 29 HAND TOOLS MARKET FOR WRENCHES, BY END USER, 2017–2020 (USD MILLION)
TABLE 30 HAND TOOLS MARKET FOR WRENCHES, BY END USER, 2021–2026 (USD MILLION)
TABLE 31 HAND TOOLS MARKET FOR WRENCHES, BY REGION, 2017–2020 (USD MILLION)
TABLE 32 HAND TOOLS MARKET FOR WRENCHES, BY REGION, 2021–2026 (USD MILLION)
7.7 SCREWDRIVERS
7.7.1 RISING INDUSTRIAL REPAIR AND MAINTENANCE OPERATIONS DEMANDING NEED FOR SPECIFIC SCREWDRIVERS
TABLE 33 HAND TOOLS MARKET FOR SCREWDRIVERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 34 HAND TOOLS MARKET FOR SCREWDRIVERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 35 HAND TOOLS MARKET FOR SCREWDRIVERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 HAND TOOLS MARKET FOR SCREWDRIVERS, BY REGION, 2021–2026 (USD MILLION)
7.8 OTHERS
TABLE 37 HAND TOOLS MARKET FOR OTHERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 38 HAND TOOLS MARKET FOR OTHERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 39 HAND TOOLS MARKET FOR OTHERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 40 HAND TOOLS MARKET FOR OTHERS, BY REGION, 2021–2026 (USD MILLION)
7.8.1 BLOCK PLANE
7.8.2 HAND DRILL
7.8.3 LEVEL
7.8.4 SCRAPPERS/GRINDERS/SANDERS
7.8.5 SOCKETS
7.8.6 NAIL SETS
8 WOODWORKING TOOLS & EQUIPMENT, BY TYPE
8.1 INTRODUCTION
FIGURE 34 WOODWORKING TOOLS MARKET, BY TYPE
FIGURE 35 CHISELS SEGMENT TO ACCOUNTED FOR THE LARGEST SHARE IN
THE MARKET IN 2021
TABLE 41 WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 42 WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
8.2 WOODWORKING TOOLS
8.2.1 CHISELS
8.2.1.1 Optimal use of chisels for cutting, dressing, and shaping, in woodworking operations
8.2.2 HAMMERS
8.2.2.1 Claw hammers - The most used hammers by woodworkers/carpenters
8.2.3 SAWS
8.2.3.1 Most traditional wood-cutting tools that deliver clean cuts and notches dominate the woodcutting tools market
8.2.4 PLIERS
8.2.4.1 Pliers - The most dependent gripping, cutting, and bending tool
8.2.5 SCREWDRIVERS
8.2.5.1 Rising demand for woodworking operations driving the
demand for screwdrivers
8.2.6 OTHERS
8.2.6.1 Block plane
8.2.6.2 Hand drill
8.2.6.3 Level
8.2.6.4 Scrappers/Grinders/Sanders
8.2.6.5 Nail sets
8.3 WOODWORKING EQUIPMENT
8.3.1 CNC ROUTER
8.3.2 CUTTING MACHINE
8.3.3 DUST COLLECTOR
8.3.4 PLANERS
8.3.5 SANDERS
TABLE 43 WOODWORKING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 44 WOODWORKING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)
9 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 36 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
FIGURE 37 PROFESSIONAL APPLICATIONS TO HOLD THE LARGEST SHARE OF
THE HAND TOOLS & WOODWORKING TOOLS MARKET IN 2021
TABLE 45 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 46 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
9.2 PROFESSIONAL USERS
TABLE 47 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 48 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 49 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY REGION, 2021–2026 (USD MILLION)
9.2.1 COVID-19 IMPACT ON PROFESSIONAL USERS
9.3 RESIDENTIAL/DIY USERS
9.3.1 RISING TREND OF SELF-RELIANCE HAS SUPPORTED THE MARKET FOR
HAND TOOLS AMONG RESIDENTIAL/DIY END USERS
TABLE 51 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 52 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 53 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY REGION, 2021–2026 (USD MILLION)
9.3.1.1 COVID-19 impact on residential/DIY users
10 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
TABLE 55 HAND TOOLS & WOODWORKING TOOLS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 56 HAND TOOLS & WOODWORKING TOOLS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
FIGURE 39 GEOGRAPHIC SNAPSHOT: HAND TOOLS & WOODWORKING TOOLS MARKET
10.2 NORTH AMERICA
10.2.1 IMPACT OF COVID-19 ON NORTH AMERICA
FIGURE 40 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET
IN NORTH AMERICA
TABLE 57 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 58 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 59 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 60 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 61 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 62 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 63 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 64 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.2.2 UNITED STATES
10.2.2.1 United States to hold the largest share in North America due to rapid industrial development
10.2.3 CANADA
10.2.3.1 Growth of Canadian market to be driven by expanding of the infrastructure industry
10.2.4 MEXICO
10.2.4.1 Widespread adoption of hand tools in the construction industry is driving market growth in Mexico
10.3 EUROPE
FIGURE 41 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET IN EUROPE
TABLE 65 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 66 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 67 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 68 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 69 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 70 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 71 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 72 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.3.1 IMPACT OF COVID-19 ON EUROPE
10.3.2 GERMANY
10.3.2.1 Strong and rapidly developing automotive industry driving the demand for hand tools in Germany
10.3.3 FRANCE
10.3.3.1 Home improvement activities, along with the highly developing aerospace industry, drive the demand for hand tools in France
10.3.4 UNITED KINGDOM
10.3.4.1 Construction industry to drive the demand for hand tools in the United Kingdom
10.3.5 ITALY
10.3.5.1 Furniture industry majorly driving the demand for hand tools in Italy
10.3.6 REST OF EUROPE
10.4 APAC
FIGURE 42 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET IN APAC
TABLE 73 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 74 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 75 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 76 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 77 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 78 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 79 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 80 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.4.1 IMPACT OF COVID-19 ON APAC
10.4.2 CHINA
10.4.2.1 Woodworking industry to drive the hand tools & woodworking tools market in China
10.4.3 JAPAN
10.4.3.1 Rapidly developing infrastructure industry driving the demand for hand tools in Japan
10.4.4 INDIA
10.4.4.1 Rapid expansion of the construction industry in India to drive the demand for hand tools
10.4.5 SOUTH KOREA
10.4.5.1 Shipbuilding industry is a key driver of hand tools in South Korea
10.4.6 REST OF APAC
10.5 REST OF THE WORLD
10.5.1 IMPACT OF COVID-19 ON ROW
TABLE 81 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 82 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 83 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 84 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 85 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 86 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 87 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 88 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.5.2 SOUTH AMERICA
10.5.2.1 Industrial development in Brazil, Argentina, Chile, and Peru to drive the demand for hand tools in South America
10.5.3 MIDDLE EAST & AFRICA
10.5.3.1 UAE, Saudi Arabia, and South Africa are key driving countries in Middle East & Africa
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN THE HAND TOOLS AND WOODWORKING TOOLS MARKET
11.3 HAND TOOLS AND WOODWORKING TOOLS MARKET REVENUE ANALYSIS OF
TOP FIVE MARKET PLAYERS
FIGURE 43 REVENUE ANALYSIS OF KEY MARKET PLAYERS IN LAST FIVE YEARS
11.4 MARKET SHARE ANALYSIS
TABLE 89 HAND TOOLS AND WOODWORKING TOOLS MARKET:
DEGREE OF COMPETITION
TABLE 90 WOODWORKING TOOLS MARKET: DEGREE OF COMPETITION
11.5 COMPETITIVE EVALUATION QUADRANT, 2020
11.5.1 STAR
11.5.2 EMERGING LEADER
11.5.3 PERVASIVE
11.5.4 PARTICIPANTS
FIGURE 44 HAND TOOLS AND WOODWORKING TOOLS MARKET (GLOBAL):
COMPANY EVALUATION QUADRANT, 2020
11.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2020
11.6.1 PROGRESSIVE COMPANY
11.6.2 RESPONSIVE COMPANY
11.6.3 DYNAMIC COMPANY
11.6.4 STARTING BLOCK
FIGURE 45 HAND TOOLS AND WOODWORKING TOOLS MARKET (GLOBAL):
SME EVALUATION QUADRANT, 2020
11.6.5 HAND TOOLS AND WOODWORKING TOOLS MARKET: COMPANY FOOTPRINT
TABLE 91 COMPANY PRODUCT FOOTPRINT
TABLE 92 COMPANY REGION FOOTPRINT
TABLE 93 COMPANY FOOTPRINT
11.7 COMPETITIVE SITUATIONS AND TRENDS
11.7.1 PRODUCT LAUNCHES
TABLE 94 HAND TOOLS AND WOODWORKING TOOLS MARKET:
PRODUCT LAUNCHES, FEB 2020–MARCH 2021
11.7.2 DEALS
TABLE 95 HAND TOOLS AND WOODWORKING TOOLS MARKET:
DEALS, JANUARY 2019–MARCH 2021
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1.1 STANLEY BLACK & DECKER, INC.
TABLE 96 STANLEY BLACK & DECKER, INC.: BUSINESS OVERVIEW
FIGURE 46 STANLEY BLACK & DECKER, INC.: COMPANY SNAPSHOT
TABLE 97 STANLEY BLACK & DECKER: PRODUCT OFFERINGS
TABLE 98 STANLEY BLACK & DECKER: EXPANSION
12.1.2 APEX TOOL GROUP LLC.
TABLE 99 APEX TOOL GROUP LLC.: BUSINESS OVERVIEW
TABLE 100 APEX TOOL GROUP LLC.: PRODUCT OFFERINGS
TABLE 101 APEX TOOL GROUP LLC.: PRODUCT LAUNCHES
12.1.3 SNAP-ON INCORPORATED
TABLE 102 SNAP-ON INCORPORATED: BUSINESS OVERVIEW
FIGURE 47 SNAP-ON INCORPORATED: COMPANY SNAPSHOT
TABLE 103 SNAP-ON INCORPORATED: PRODUCT OFFERINGS
12.1.4 TECHTRONIC INDUSTRIES CO. LTD.
TABLE 104 TECHTRONIC INDUSTRIES CO. LTD.: BUSINESS OVERVIEW
FIGURE 48 TECHTRONIC INDUSTRIES CO. LTD.: COMPANY SNAPSHOT
TABLE 105 TECHTRONIC INDUSTRIES CO. LTD.: PRODUCT OFFERINGS
12.1.5 KLEIN TOOLS, INC.
TABLE 106 KLEIN TOOLS, INC.: BUSINESS OVERVIEW
TABLE 107 KLEIN TOOLS, INC.: PRODUCT OFFERINGS
TABLE 108 KLEIN TOOLS, INC.: PRODUCT LAUNCHES
12.1.6 HUSQVARNA GROUP
TABLE 109 HUSQVARNA GROUP: BUSINESS OVERVIEW
FIGURE 49 HUSQVARNA GROUP: COMPANY SNAPSHOT
TABLE 110 HUSQVARNA GROUP: PRODUCT OFFERINGS
12.1.7 AKAR AUTO INDUSTRIES LTD.
TABLE 111 AKAR AUTO INDUSTRIES LTD.: BUSINESS OVERVIEW
FIGURE 50 AKAR AUTO INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 112 AKAR AUTO INDUSTRIES LTD.: PRODUCT OFFERINGS
12.1.8 TAPARIA TOOLS LTD.
TABLE 113 TAPARIA TOOLS LTD.: BUSINESS OVERVIEW
FIGURE 51 TAPARIA TOOLS LTD.: COMPANY SNAPSHOT
TABLE 114 TAPARIA TOOLS LTD.: PRODUCT OFFERINGS
12.1.9 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.
TABLE 115 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.: BUSINESS OVERVIEW
TABLE 116 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.: PRODUCT OFFERINGS
12.1.10 TOYA S.A.
TABLE 117 TOYA S.A.: BUSINESS OVERVIEW
FIGURE 52 TOYA S.A.: COMPANY SNAPSHOT
TABLE 118 TOYA S.A.: PRODUCT OFFERINGS
12.1.11 IDEAL INDUSTRIES
TABLE 119 IDEAL INDUSTRIES: BUSINESS OVERVIEW
TABLE 120 IDEAL INDUSTRIES: PRODUCT OFFERINGS
12.1.12 MARTIN SPROCKET & GEAR, INC.
TABLE 121 MARTIN SPROCKET & GEAR, INC.: BUSINESS OVERVIEW
TABLE 122 MARTIN SPROCKET & GEAR, INC.: PRODUCT OFFERINGS
12.1.13 ROBERT BOSCH
TABLE 123 ROBERT BOSCH: BUSINESS OVERVIEW
FIGURE 53 ROBERT BOSCH: COMPANY SNAPSHOT
TABLE 124 ROBERT BOSCH: PRODUCT OFFERINGS
12.1.14 INGERSOLL RAND
TABLE 125 INGERSOLL RAND: BUSINESS OVERVIEW
FIGURE 54 INGERSOLL RAND: COMPANY SNAPSHOT
TABLE 126 INGERSOLL RAND: PRODUCT OFFERINGS
TABLE 127 INGERSOLL RAND: DEALS
12.1.15 JCBL LTD.
TABLE 128 JCBL LTD.: BUSINESS OVERVIEW
TABLE 129 JCBL LTD.: PRODUCT OFFERINGS
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 CHANNELLOCK, INC.
TABLE 130 CHANNELLOCK, INC.: COMPANY OVERVIEW
12.2.2 WRIGHT TOOL COMPANY
TABLE 131 WRIGHT TOOL COMPANY: COMPANY OVERVIEW
12.2.3 JETECH TOOL CO. LTD.
TABLE 132 JETECH TOOL CO. LTD.: COMPANY OVERVIEW
12.2.4 GRAY TOOLS CANADA INC.
TABLE 133 GRAY TOOLS CANADA INC.: COMPANY OVERVIEW
12.2.5 LIE-NIELSEN TOOLWORKS
TABLE 134 LIE-NIELSEN TOOLWORKS: COMPANY OVERVIEW
12.2.6 WERA TOOLS
TABLE 135 WERA TOOLS: COMPANY OVERVIEW
12.2.7 RIDGID TOOLS
TABLE 136 RIDGID TOOLS: COMPANY OVERVIEW
12.2.8 KIRCHHOFF GROUP
TABLE 137 KIRCHHOFF GROUP: COMPANY OVERVIEW
12.2.9 WINTEK TOOLS
TABLE 138 WINTEK TOOLS: COMPANY OVERVIEW
12.2.10 NINGBO GREAT WALL PRECISION INDUSTRIAL CO. LTD.
TABLE 139 NINGBO GREAT WALL PRECISION INDUSTRIAL CO. LTD.:
COMPANY OVERVIEW
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 OUTDOOR POWER EQUIPMENT, BY POWER SOURCE
13.3.1 INTRODUCTION
TABLE 140 OUTDOOR POWER EQUIPMENT MARKET, BY POWER SOURCE, 2016–2024 (USD MILLION)
13.3.2 FUEL-POWERED
13.3.2.1 Gas-powered equipment to hold a larger size of the market
during the forecast period
TABLE 141 OUTDOOR POWER EQUIPMENT MARKET FOR FUEL-POWERED EQUIPMENT, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 142 OUTDOOR POWER EQUIPMENT MARKET FOR FUEL-POWERED EQUIPMENT, BY REGION, 2016–2024 (USD MILLION)
13.3.3 ELECTRIC-POWERED
TABLE 143 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC-POWERED EQUIPMENT, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 144 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC EQUIPMENT, BY REGION, 2016–2024 (USD MILLION)
TABLE 145 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC EQUIPMENT, BY TYPE, 2016–2024 (USD MILLION)
13.3.3.1 Corded
13.3.3.1.1 Environmental regulations to drive the growth of the corded equipment market in coming years
13.3.3.2 Cordless
13.3.3.2.1 Rising adoption of battery-powered handheld equipment to drive the demand for cordless equipment
13.4 OUTDOOR POWER EQUIPMENT MARKET, BY APPLICATION
13.4.1 INTRODUCTION
TABLE 146 OUTDOOR POWER EQUIPMENT MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
13.4.2 COMMERCIAL
13.4.2.1 Increasing garden activities to propel the growth of the outdoor power equipment market for commercial applications
TABLE 147 OUTDOOR POWER EQUIPMENT MARKET FOR COMMERCIAL APPLICATIONS, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 148 OUTDOOR POWER EQUIPMENT MARKET FOR COMMERCIAL APPLICATIONS, BY REGION, 2016–2024 (USD MILLION)
13.4.3 RESIDENTIAL/DIY
13.4.3.1 Growing popularity of DIY gardening culture to drive outdoor power equipment market for residential/DIY applications
TABLE 149 OUTDOOR POWER EQUIPMENT MARKET FOR RESIDENTIAL/DIY APPLICATIONS, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 150 OUTDOOR POWER EQUIPMENT MARKET FOR RESIDENTIAL APPLICATIONS, BY REGION, 2016–2024 (USD MILLION)
13.5 GEOGRAPHIC ANALYSIS
13.5.1 INTRODUCTION
TABLE 151 OUTDOOR POWER EQUIPMENT MARKET, BY REGION, 2016–2024 (USD MILLION)
13.5.2 NORTH AMERICA
TABLE 152 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 153 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 154 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 155 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.2.1 United States
13.5.2.1.1 US to hold the largest share of the outdoor power equipment market from 2019 to 2024
13.5.2.2 Canada
13.5.2.2.1 Rich gardening and lawn maintenance culture in Canada to help increase demand in the near future
13.5.2.3 Mexico
13.5.2.3.1 Growth in residential construction to drive the demand for outdoor power equipment in Mexico
13.5.3 EUROPE
TABLE 156 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 157 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 158 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 159 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.3.1 Germany
13.5.3.1.1 Germany to remain a key market for outdoor power equipment in Europe during the forecast period
13.5.3.2 France
13.5.3.2.1 Presence of a large number of parks to drive the demand for outdoor power equipment in France
13.5.3.3 United Kingdom
13.5.3.3.1 Presence of parks and golf turfs continue to drive demand for outdoor power equipment
13.5.3.4 Rest of Europe
13.5.4 APAC
TABLE 160 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 161 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 162 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 163 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.4.1 Japan
13.5.4.1.1 Japan held the largest share in the outdoor power equipment market in APAC
13.5.4.2 China
13.5.4.2.1 Growth in GDP and construction sector to offer opportunities for the outdoor power equipment market
13.5.4.3 South Korea
13.5.4.3.1 Well-established gardening and lawn culture to propel the demand for outdoor power equipment in South Korea
13.5.4.4 India
13.5.4.4.1 Indian outdoor power equipment market to grow at the highest CAGR during the forecast period
13.5.4.5 Rest of APAC
13.5.5 ROW
TABLE 164 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 165 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 166 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 167 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.5.1 South America
13.5.5.1.1 Brazil and Argentina are major markets in South America
13.5.5.2 Middle East & Africa
13.5.5.2.1 UAE and South Africa are key markets in the
Middle East and Africa
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
TABLE 1 HAND TOOLS & WOODWORKING TOOLS MARKET:
INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 SEGMENTS COVERED
FIGURE 1 HAND TOOLS & WOODWORKING TOOLS MARKET SEGMENTATION
FIGURE 2 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 3 HAND TOOLS & WOODWORKING TOOLS MARKET: RESEARCH DESIGN
2.1.1 SECONDARY & PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY SIDE): REVENUE OF PRODUCTS OF HAND TOOLS & WOODWORKING TOOLS MARKET
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis
(demand side)
FIGURE 5 HAND TOOLS & WOODWORKING TOOLS MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis
(supply side)
FIGURE 6 HAND TOOLS & WOODWORKING TOOLS MARKET: TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
2.5 RISK ASSESSMENT
TABLE 2 LIMITATIONS & ASSOCIATED RESULTS
3 EXECUTIVE SUMMARY
FIGURE 8 COVID-19 IMPACT ANALYSIS ON THE HAND TOOLS &
WOODWORKING TOOLS MARKET
3.1 REALISTIC SCENARIO
3.2 PESSIMISTIC SCENARIO
3.3 OPTIMISTIC SCENARIO
FIGURE 9 WRENCHES TO ACCOUNT FOR THE LARGEST HAND TOOLS SHARE IN 2021
FIGURE 10 RESIDENTIAL/DIY USAGE EXPECTED TO GROW AT A HIGHER CAGR
DURING THE FORECAST PERIOD
FIGURE 11 OFFLINE DISTRIBUTION CHANNEL WAS LARGELY ADOPTED FOR
HAND TOOLS IN 2021
FIGURE 12 NORTH AMERICA TO HOLD THE LARGEST SHARE OF THE HAND TOOLS & WOODWORKING TOOLS MARKET IN 2021
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR THE HAND TOOLS &
WOODWORKING TOOLS MARKET
FIGURE 13 HAND TOOLS & WOODWORKING TOOLS MARKET TO EXPERIENCE HUGE GROWTH OPPORTUNITIES IN APAC
4.2 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
FIGURE 14 MARKET FOR RESIDENTIAL/DIY USES IS EXPECTED TO GROW AT A HIGHER CAGR BETWEEN 2021 AND 2026
4.3 HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE
FIGURE 15 WRENCHES TO ACCOUNT FOR THE LARGEST SHARE OF THE HAND TOOLS & WOODWORKING TOOLS MARKET BY 2026
4.4 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
FIGURE 16 ONLINE DISTRIBUTION CHANNEL TO GROW AT A HIGHER CAGR BETWEEN 2021 AND 2026
4.5 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
FIGURE 17 NORTH AMERICA TO BE THE LARGEST HAND TOOLS &
WOODWORKING TOOLS MARKET BY 2026
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Increasing commercial as well as residential construction and infrastructure projects
5.2.1.2 Growing adoption of hand tools in households for
residential/DIY purposes
5.2.1.3 Growing manufacturing setups and increasing repair and maintenance operations
FIGURE 19 DRIVERS OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.2.2 RESTRAINTS
5.2.2.1 Increase in safety risks and concerns due to improper use
of hand tools
FIGURE 20 RESTRAINTS OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.2.3 OPPORTUNITIES
5.2.3.1 Variable-size/Multitasking single tools that cater to multiple operations might increase the demand for hand tools
5.2.3.2 Increase in hand tool automation to reduce physical work might boost hand tool usage
FIGURE 21 OPPORTUNITIES OF GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET AND THEIR IMPACT
5.2.4 CHALLENGES
5.2.4.1 Lack of all-specification/dimension hand tools to be prepared for every possible area of application
FIGURE 22 CHALLENGES OF GLOBAL HAND TOOLS & WOODWORKING TOOLS
MARKET AND THEIR IMPACT
5.3 VALUE CHAIN ANALYSIS
FIGURE 23 HAND TOOLS & WOODWORKING TOOLS MARKET: VALUE CHAIN
5.3.1 RAW MATERIAL SUPPLIERS
5.3.2 HAND TOOL MANUFACTURERS & ASSEMBLERS
5.3.3 HAND TOOL RETAILERS/DISTRIBUTORS
5.3.4 END USERS
5.4 ECOSYSTEM
FIGURE 24 GLOBAL HAND TOOLS & WOODWORKING TOOLS MARKET: ECOSYSTEM
TABLE 3 HAND TOOLS & WOODWORKING TOOLS MARKET: ECOSYSTEM
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
5.5.1 REVENUE SHIFT & NEW REVENUE POCKETS FOR HAND & WOODWORKING TOOL MANUFACTURERS
FIGURE 25 REVENUE SHIFT FOR HAND TOOLS AND WOODWORKING TOOLS MARKET
5.6 PORTER’S FIVE FORCES ANALYSIS
TABLE 4 PORTER’S 5 FORCES IMPACT ON THE HAND TOOLS &
WOODWORKING TOOLS MARKET
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS: HAND TOOLS &
WOODWORKING TOOLS MARKET
5.6.1 THREAT FROM NEW ENTRANTS
5.6.2 THREAT OF SUBSTITUTES
5.6.3 BARGAINING POWER OF SUPPLIERS
5.6.4 BARGAINING POWER OF BUYERS
5.6.5 INTENSITY OF COMPETITION RIVALRY
5.7 CASE STUDY ANALYSIS
5.7.1 MILLENNIUM CONTROL SYSTEMS USED RIDGID RE 6 ELECTRICAL TOOL
BY EMERSON ELECTRIC FOR DRILLING QUICK AND EFFICIENT HOLES
5.7.2 E.M. DUGGAN USED RIDGID B-500 BEVELLER BY EMERSON
ELECTRIC FOR CUTTING BEVELS
5.8 TECHNOLOGY TRENDS
5.8.1 BRUSHLESS DC MOTORS
5.8.2 CONNECTED ASSEMBLY POWER TOOLS
5.8.3 WIRELESS CHARGING
5.8.4 PNEUMATIC TOOLS
5.8.5 HYDRAULIC TOOLS
5.8.6 POWER-ACTUATED TOOLS
5.9 PRICING ANALYSIS
5.10 PATENT ANALYSIS
FIGURE 27 ANALYSIS OF PATENTS GRANTED FOR HAND TOOLS &
WOODWORKING TOOLS MARKET
5.10.1 LIST OF FEW PATENTS IN THE HAND TOOLS & WOODWORKING
TOOLS MARKET, 2019-20
5.11 TRADE ANALYSIS
5.11.1 EXPORT SCENARIO OF HAND TOOLS
FIGURE 28 HAND TOOLS EXPORT, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.11.2 IMPORT SCENARIO OF HAND TOOLS
FIGURE 29 HAND TOOLS IMPORT, BY KEY COUNTRY, 2016–2020 (USD MILLION)
5.12 MARKET STANDARDS
5.12.1 ANSI (AMERICAN NATIONAL STANDARDS INSTITUTE) STANDARDS
FOR HAND TOOLS
5.12.2 JIS (JAPANESE INDUSTRIAL STANDARDS) FOR HAND TOOLS
5.12.3 DIN (DEUTSCHES INSTITUT F?R NORMUNG) STANDARDS FOR HAND TOOLS
5.12.4 OSHA
6 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
6.1 INTRODUCTION
FIGURE 30 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL
FIGURE 31 THE ONLINE SEGMENT TO ACCOUNT FOR A LARGER MARKET SIZE IN 2021
TABLE 5 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 6 HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
6.2 OFFLINE/RETAIL
6.2.1 OFFLINE/RETAIL CHANNEL ACCOUNTING FOR A LARGER MARKET SHARE
TABLE 7 OFFLINE/RETAIL: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 8 OFFLINE/RETAIL: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2021–2026 (USD MILLION)
6.2.2 COVID-19 IMPACT ON THE RETAIL CHANNEL
6.3 ONLINE
6.3.1 ONLINE CHANNEL EXPECTED TO ACHIEVE A HIGHER GROWTH RATE
TABLE 9 ONLINE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 10 ONLINE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION, 2021–2026 (USD MILLION)
6.3.2 COVID-19 IMPACT ON THE ONLINE CHANNEL
7 HAND TOOLS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 32 HAND TOOLS MARKET, BY TYPE
FIGURE 33 THE WRENCHES MARKET TO ACCOUNT FOR THE LARGEST SHARE IN 2021
TABLE 11 HAND TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 12 HAND TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
7.2 CHISELS
7.2.1 PRECISION IN CUTTING OPERATIONS
TABLE 13 HAND TOOLS MARKET FOR CHISELS, BY END USER, 2017–2020 (USD MILLION)
TABLE 14 HAND TOOLS MARKET FOR CHISELS, BY END USER, 2021–2026 (USD MILLION)
TABLE 15 HAND TOOLS MARKET FOR CHISELS, BY REGION, 2017–2020 (USD MILLION)
TABLE 16 HAND TOOLS MARKET FOR CHISELS, BY REGION, 2021–2026 (USD MILLION)
7.3 HAMMERS
7.3.1 EXPLICIT GROWTH IN THE CONSTRUCTION INDUSTRY DRIVING THE DEMAND
TABLE 17 HAND TOOLS MARKET FOR HAMMERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 18 HAND TOOLS MARKET FOR HAMMERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 19 HAND TOOLS MARKET FOR HAMMERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 20 HAND TOOLS MARKET FOR HAMMERS, BY REGION, 2021–2026 (USD MILLION)
7.4 SAWS
7.4.1 EASE AND PRECISION IN CUTTING OPERATIONS
TABLE 21 HAND TOOLS MARKET FOR SAWS, BY END USER, 2017–2020 (USD MILLION)
TABLE 22 HAND TOOLS MARKET FOR SAWS, BY END USER, 2021–2026 (USD MILLION)
TABLE 23 HAND TOOLS MARKET FOR SAWS, BY REGION, 2017–2020 (USD MILLION)
TABLE 24 HAND TOOLS MARKET FOR SAWS, BY REGION, 2021–2026 (USD MILLION)
7.5 PLIERS
7.5.1 INCREASING USE OF PLIERS FOR ELECTRIFICATION WORKS
TABLE 25 HAND TOOLS MARKET FOR PLIERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 26 HAND TOOLS MARKET FOR PLIERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 27 HAND TOOLS MARKET FOR PLIERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 28 HAND TOOLS MARKET FOR PLIERS, BY REGION, 2021–2026 (USD MILLION)
7.6 WRENCHES
7.6.1 RAPIDLY DEVELOPING AUTOMOTIVE INDUSTRY
TABLE 29 HAND TOOLS MARKET FOR WRENCHES, BY END USER, 2017–2020 (USD MILLION)
TABLE 30 HAND TOOLS MARKET FOR WRENCHES, BY END USER, 2021–2026 (USD MILLION)
TABLE 31 HAND TOOLS MARKET FOR WRENCHES, BY REGION, 2017–2020 (USD MILLION)
TABLE 32 HAND TOOLS MARKET FOR WRENCHES, BY REGION, 2021–2026 (USD MILLION)
7.7 SCREWDRIVERS
7.7.1 RISING INDUSTRIAL REPAIR AND MAINTENANCE OPERATIONS DEMANDING NEED FOR SPECIFIC SCREWDRIVERS
TABLE 33 HAND TOOLS MARKET FOR SCREWDRIVERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 34 HAND TOOLS MARKET FOR SCREWDRIVERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 35 HAND TOOLS MARKET FOR SCREWDRIVERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 HAND TOOLS MARKET FOR SCREWDRIVERS, BY REGION, 2021–2026 (USD MILLION)
7.8 OTHERS
TABLE 37 HAND TOOLS MARKET FOR OTHERS, BY END USER, 2017–2020 (USD MILLION)
TABLE 38 HAND TOOLS MARKET FOR OTHERS, BY END USER, 2021–2026 (USD MILLION)
TABLE 39 HAND TOOLS MARKET FOR OTHERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 40 HAND TOOLS MARKET FOR OTHERS, BY REGION, 2021–2026 (USD MILLION)
7.8.1 BLOCK PLANE
7.8.2 HAND DRILL
7.8.3 LEVEL
7.8.4 SCRAPPERS/GRINDERS/SANDERS
7.8.5 SOCKETS
7.8.6 NAIL SETS
8 WOODWORKING TOOLS & EQUIPMENT, BY TYPE
8.1 INTRODUCTION
FIGURE 34 WOODWORKING TOOLS MARKET, BY TYPE
FIGURE 35 CHISELS SEGMENT TO ACCOUNTED FOR THE LARGEST SHARE IN
THE MARKET IN 2021
TABLE 41 WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 42 WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
8.2 WOODWORKING TOOLS
8.2.1 CHISELS
8.2.1.1 Optimal use of chisels for cutting, dressing, and shaping, in woodworking operations
8.2.2 HAMMERS
8.2.2.1 Claw hammers - The most used hammers by woodworkers/carpenters
8.2.3 SAWS
8.2.3.1 Most traditional wood-cutting tools that deliver clean cuts and notches dominate the woodcutting tools market
8.2.4 PLIERS
8.2.4.1 Pliers - The most dependent gripping, cutting, and bending tool
8.2.5 SCREWDRIVERS
8.2.5.1 Rising demand for woodworking operations driving the
demand for screwdrivers
8.2.6 OTHERS
8.2.6.1 Block plane
8.2.6.2 Hand drill
8.2.6.3 Level
8.2.6.4 Scrappers/Grinders/Sanders
8.2.6.5 Nail sets
8.3 WOODWORKING EQUIPMENT
8.3.1 CNC ROUTER
8.3.2 CUTTING MACHINE
8.3.3 DUST COLLECTOR
8.3.4 PLANERS
8.3.5 SANDERS
TABLE 43 WOODWORKING EQUIPMENT MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 44 WOODWORKING EQUIPMENT MARKET, BY TYPE, 2021–2026 (USD MILLION)
9 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
9.1 INTRODUCTION
FIGURE 36 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER
FIGURE 37 PROFESSIONAL APPLICATIONS TO HOLD THE LARGEST SHARE OF
THE HAND TOOLS & WOODWORKING TOOLS MARKET IN 2021
TABLE 45 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 46 HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
9.2 PROFESSIONAL USERS
TABLE 47 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 48 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 49 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 HAND TOOLS & WOODWORKING TOOLS MARKET FOR PROFESSIONAL USERS, BY REGION, 2021–2026 (USD MILLION)
9.2.1 COVID-19 IMPACT ON PROFESSIONAL USERS
9.3 RESIDENTIAL/DIY USERS
9.3.1 RISING TREND OF SELF-RELIANCE HAS SUPPORTED THE MARKET FOR
HAND TOOLS AMONG RESIDENTIAL/DIY END USERS
TABLE 51 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY TYPE, 2017–2020 (USD MILLION)
TABLE 52 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY TYPE, 2021–2026 (USD MILLION)
TABLE 53 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY REGION, 2017–2020 (USD MILLION)
TABLE 54 HAND TOOLS & WOODWORKING TOOLS MARKET FOR
RESIDENTIAL/DIY USERS, BY REGION, 2021–2026 (USD MILLION)
9.3.1.1 COVID-19 impact on residential/DIY users
10 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
10.1 INTRODUCTION
FIGURE 38 HAND TOOLS & WOODWORKING TOOLS MARKET, BY REGION
TABLE 55 HAND TOOLS & WOODWORKING TOOLS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 56 HAND TOOLS & WOODWORKING TOOLS MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)
FIGURE 39 GEOGRAPHIC SNAPSHOT: HAND TOOLS & WOODWORKING TOOLS MARKET
10.2 NORTH AMERICA
10.2.1 IMPACT OF COVID-19 ON NORTH AMERICA
FIGURE 40 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET
IN NORTH AMERICA
TABLE 57 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 58 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 59 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 60 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 61 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 62 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 63 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 64 NORTH AMERICA: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.2.2 UNITED STATES
10.2.2.1 United States to hold the largest share in North America due to rapid industrial development
10.2.3 CANADA
10.2.3.1 Growth of Canadian market to be driven by expanding of the infrastructure industry
10.2.4 MEXICO
10.2.4.1 Widespread adoption of hand tools in the construction industry is driving market growth in Mexico
10.3 EUROPE
FIGURE 41 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET IN EUROPE
TABLE 65 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 66 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 67 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 68 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 69 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 70 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 71 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 72 EUROPE: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.3.1 IMPACT OF COVID-19 ON EUROPE
10.3.2 GERMANY
10.3.2.1 Strong and rapidly developing automotive industry driving the demand for hand tools in Germany
10.3.3 FRANCE
10.3.3.1 Home improvement activities, along with the highly developing aerospace industry, drive the demand for hand tools in France
10.3.4 UNITED KINGDOM
10.3.4.1 Construction industry to drive the demand for hand tools in the United Kingdom
10.3.5 ITALY
10.3.5.1 Furniture industry majorly driving the demand for hand tools in Italy
10.3.6 REST OF EUROPE
10.4 APAC
FIGURE 42 SNAPSHOT OF HAND TOOLS & WOODWORKING TOOLS MARKET IN APAC
TABLE 73 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 74 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 75 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 76 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 77 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 78 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 79 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 80 APAC: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.4.1 IMPACT OF COVID-19 ON APAC
10.4.2 CHINA
10.4.2.1 Woodworking industry to drive the hand tools & woodworking tools market in China
10.4.3 JAPAN
10.4.3.1 Rapidly developing infrastructure industry driving the demand for hand tools in Japan
10.4.4 INDIA
10.4.4.1 Rapid expansion of the construction industry in India to drive the demand for hand tools
10.4.5 SOUTH KOREA
10.4.5.1 Shipbuilding industry is a key driver of hand tools in South Korea
10.4.6 REST OF APAC
10.5 REST OF THE WORLD
10.5.1 IMPACT OF COVID-19 ON ROW
TABLE 81 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 82 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 83 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 84 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY TYPE, 2021–2026 (USD MILLION)
TABLE 85 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2017–2020 (USD MILLION)
TABLE 86 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY END USER, 2021–2026 (USD MILLION)
TABLE 87 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2017–2020 (USD MILLION)
TABLE 88 ROW: HAND TOOLS & WOODWORKING TOOLS MARKET, BY DISTRIBUTION CHANNEL, 2021–2026 (USD MILLION)
10.5.2 SOUTH AMERICA
10.5.2.1 Industrial development in Brazil, Argentina, Chile, and Peru to drive the demand for hand tools in South America
10.5.3 MIDDLE EAST & AFRICA
10.5.3.1 UAE, Saudi Arabia, and South Africa are key driving countries in Middle East & Africa
11 COMPETITIVE LANDSCAPE
11.1 INTRODUCTION
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.2.1 OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS IN THE HAND TOOLS AND WOODWORKING TOOLS MARKET
11.3 HAND TOOLS AND WOODWORKING TOOLS MARKET REVENUE ANALYSIS OF
TOP FIVE MARKET PLAYERS
FIGURE 43 REVENUE ANALYSIS OF KEY MARKET PLAYERS IN LAST FIVE YEARS
11.4 MARKET SHARE ANALYSIS
TABLE 89 HAND TOOLS AND WOODWORKING TOOLS MARKET:
DEGREE OF COMPETITION
TABLE 90 WOODWORKING TOOLS MARKET: DEGREE OF COMPETITION
11.5 COMPETITIVE EVALUATION QUADRANT, 2020
11.5.1 STAR
11.5.2 EMERGING LEADER
11.5.3 PERVASIVE
11.5.4 PARTICIPANTS
FIGURE 44 HAND TOOLS AND WOODWORKING TOOLS MARKET (GLOBAL):
COMPANY EVALUATION QUADRANT, 2020
11.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SME) EVALUATION QUADRANT, 2020
11.6.1 PROGRESSIVE COMPANY
11.6.2 RESPONSIVE COMPANY
11.6.3 DYNAMIC COMPANY
11.6.4 STARTING BLOCK
FIGURE 45 HAND TOOLS AND WOODWORKING TOOLS MARKET (GLOBAL):
SME EVALUATION QUADRANT, 2020
11.6.5 HAND TOOLS AND WOODWORKING TOOLS MARKET: COMPANY FOOTPRINT
TABLE 91 COMPANY PRODUCT FOOTPRINT
TABLE 92 COMPANY REGION FOOTPRINT
TABLE 93 COMPANY FOOTPRINT
11.7 COMPETITIVE SITUATIONS AND TRENDS
11.7.1 PRODUCT LAUNCHES
TABLE 94 HAND TOOLS AND WOODWORKING TOOLS MARKET:
PRODUCT LAUNCHES, FEB 2020–MARCH 2021
11.7.2 DEALS
TABLE 95 HAND TOOLS AND WOODWORKING TOOLS MARKET:
DEALS, JANUARY 2019–MARCH 2021
12 COMPANY PROFILES
12.1 KEY PLAYERS
(Business Overview, Products Offered, Recent Developments, and MnM View)*
12.1.1 STANLEY BLACK & DECKER, INC.
TABLE 96 STANLEY BLACK & DECKER, INC.: BUSINESS OVERVIEW
FIGURE 46 STANLEY BLACK & DECKER, INC.: COMPANY SNAPSHOT
TABLE 97 STANLEY BLACK & DECKER: PRODUCT OFFERINGS
TABLE 98 STANLEY BLACK & DECKER: EXPANSION
12.1.2 APEX TOOL GROUP LLC.
TABLE 99 APEX TOOL GROUP LLC.: BUSINESS OVERVIEW
TABLE 100 APEX TOOL GROUP LLC.: PRODUCT OFFERINGS
TABLE 101 APEX TOOL GROUP LLC.: PRODUCT LAUNCHES
12.1.3 SNAP-ON INCORPORATED
TABLE 102 SNAP-ON INCORPORATED: BUSINESS OVERVIEW
FIGURE 47 SNAP-ON INCORPORATED: COMPANY SNAPSHOT
TABLE 103 SNAP-ON INCORPORATED: PRODUCT OFFERINGS
12.1.4 TECHTRONIC INDUSTRIES CO. LTD.
TABLE 104 TECHTRONIC INDUSTRIES CO. LTD.: BUSINESS OVERVIEW
FIGURE 48 TECHTRONIC INDUSTRIES CO. LTD.: COMPANY SNAPSHOT
TABLE 105 TECHTRONIC INDUSTRIES CO. LTD.: PRODUCT OFFERINGS
12.1.5 KLEIN TOOLS, INC.
TABLE 106 KLEIN TOOLS, INC.: BUSINESS OVERVIEW
TABLE 107 KLEIN TOOLS, INC.: PRODUCT OFFERINGS
TABLE 108 KLEIN TOOLS, INC.: PRODUCT LAUNCHES
12.1.6 HUSQVARNA GROUP
TABLE 109 HUSQVARNA GROUP: BUSINESS OVERVIEW
FIGURE 49 HUSQVARNA GROUP: COMPANY SNAPSHOT
TABLE 110 HUSQVARNA GROUP: PRODUCT OFFERINGS
12.1.7 AKAR AUTO INDUSTRIES LTD.
TABLE 111 AKAR AUTO INDUSTRIES LTD.: BUSINESS OVERVIEW
FIGURE 50 AKAR AUTO INDUSTRIES LTD.: COMPANY SNAPSHOT
TABLE 112 AKAR AUTO INDUSTRIES LTD.: PRODUCT OFFERINGS
12.1.8 TAPARIA TOOLS LTD.
TABLE 113 TAPARIA TOOLS LTD.: BUSINESS OVERVIEW
FIGURE 51 TAPARIA TOOLS LTD.: COMPANY SNAPSHOT
TABLE 114 TAPARIA TOOLS LTD.: PRODUCT OFFERINGS
12.1.9 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.
TABLE 115 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.: BUSINESS OVERVIEW
TABLE 116 HANGZHOU GREAT STAR INDUSTRIAL CO. LTD.: PRODUCT OFFERINGS
12.1.10 TOYA S.A.
TABLE 117 TOYA S.A.: BUSINESS OVERVIEW
FIGURE 52 TOYA S.A.: COMPANY SNAPSHOT
TABLE 118 TOYA S.A.: PRODUCT OFFERINGS
12.1.11 IDEAL INDUSTRIES
TABLE 119 IDEAL INDUSTRIES: BUSINESS OVERVIEW
TABLE 120 IDEAL INDUSTRIES: PRODUCT OFFERINGS
12.1.12 MARTIN SPROCKET & GEAR, INC.
TABLE 121 MARTIN SPROCKET & GEAR, INC.: BUSINESS OVERVIEW
TABLE 122 MARTIN SPROCKET & GEAR, INC.: PRODUCT OFFERINGS
12.1.13 ROBERT BOSCH
TABLE 123 ROBERT BOSCH: BUSINESS OVERVIEW
FIGURE 53 ROBERT BOSCH: COMPANY SNAPSHOT
TABLE 124 ROBERT BOSCH: PRODUCT OFFERINGS
12.1.14 INGERSOLL RAND
TABLE 125 INGERSOLL RAND: BUSINESS OVERVIEW
FIGURE 54 INGERSOLL RAND: COMPANY SNAPSHOT
TABLE 126 INGERSOLL RAND: PRODUCT OFFERINGS
TABLE 127 INGERSOLL RAND: DEALS
12.1.15 JCBL LTD.
TABLE 128 JCBL LTD.: BUSINESS OVERVIEW
TABLE 129 JCBL LTD.: PRODUCT OFFERINGS
* Business Overview, Products Offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
12.2 OTHER PLAYERS
12.2.1 CHANNELLOCK, INC.
TABLE 130 CHANNELLOCK, INC.: COMPANY OVERVIEW
12.2.2 WRIGHT TOOL COMPANY
TABLE 131 WRIGHT TOOL COMPANY: COMPANY OVERVIEW
12.2.3 JETECH TOOL CO. LTD.
TABLE 132 JETECH TOOL CO. LTD.: COMPANY OVERVIEW
12.2.4 GRAY TOOLS CANADA INC.
TABLE 133 GRAY TOOLS CANADA INC.: COMPANY OVERVIEW
12.2.5 LIE-NIELSEN TOOLWORKS
TABLE 134 LIE-NIELSEN TOOLWORKS: COMPANY OVERVIEW
12.2.6 WERA TOOLS
TABLE 135 WERA TOOLS: COMPANY OVERVIEW
12.2.7 RIDGID TOOLS
TABLE 136 RIDGID TOOLS: COMPANY OVERVIEW
12.2.8 KIRCHHOFF GROUP
TABLE 137 KIRCHHOFF GROUP: COMPANY OVERVIEW
12.2.9 WINTEK TOOLS
TABLE 138 WINTEK TOOLS: COMPANY OVERVIEW
12.2.10 NINGBO GREAT WALL PRECISION INDUSTRIAL CO. LTD.
TABLE 139 NINGBO GREAT WALL PRECISION INDUSTRIAL CO. LTD.:
COMPANY OVERVIEW
13 ADJACENT & RELATED MARKETS
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 OUTDOOR POWER EQUIPMENT, BY POWER SOURCE
13.3.1 INTRODUCTION
TABLE 140 OUTDOOR POWER EQUIPMENT MARKET, BY POWER SOURCE, 2016–2024 (USD MILLION)
13.3.2 FUEL-POWERED
13.3.2.1 Gas-powered equipment to hold a larger size of the market
during the forecast period
TABLE 141 OUTDOOR POWER EQUIPMENT MARKET FOR FUEL-POWERED EQUIPMENT, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 142 OUTDOOR POWER EQUIPMENT MARKET FOR FUEL-POWERED EQUIPMENT, BY REGION, 2016–2024 (USD MILLION)
13.3.3 ELECTRIC-POWERED
TABLE 143 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC-POWERED EQUIPMENT, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 144 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC EQUIPMENT, BY REGION, 2016–2024 (USD MILLION)
TABLE 145 OUTDOOR POWER EQUIPMENT MARKET FOR ELECTRIC EQUIPMENT, BY TYPE, 2016–2024 (USD MILLION)
13.3.3.1 Corded
13.3.3.1.1 Environmental regulations to drive the growth of the corded equipment market in coming years
13.3.3.2 Cordless
13.3.3.2.1 Rising adoption of battery-powered handheld equipment to drive the demand for cordless equipment
13.4 OUTDOOR POWER EQUIPMENT MARKET, BY APPLICATION
13.4.1 INTRODUCTION
TABLE 146 OUTDOOR POWER EQUIPMENT MARKET, BY APPLICATION, 2016–2024 (USD MILLION)
13.4.2 COMMERCIAL
13.4.2.1 Increasing garden activities to propel the growth of the outdoor power equipment market for commercial applications
TABLE 147 OUTDOOR POWER EQUIPMENT MARKET FOR COMMERCIAL APPLICATIONS, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 148 OUTDOOR POWER EQUIPMENT MARKET FOR COMMERCIAL APPLICATIONS, BY REGION, 2016–2024 (USD MILLION)
13.4.3 RESIDENTIAL/DIY
13.4.3.1 Growing popularity of DIY gardening culture to drive outdoor power equipment market for residential/DIY applications
TABLE 149 OUTDOOR POWER EQUIPMENT MARKET FOR RESIDENTIAL/DIY APPLICATIONS, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 150 OUTDOOR POWER EQUIPMENT MARKET FOR RESIDENTIAL APPLICATIONS, BY REGION, 2016–2024 (USD MILLION)
13.5 GEOGRAPHIC ANALYSIS
13.5.1 INTRODUCTION
TABLE 151 OUTDOOR POWER EQUIPMENT MARKET, BY REGION, 2016–2024 (USD MILLION)
13.5.2 NORTH AMERICA
TABLE 152 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 153 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 154 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 155 OUTDOOR POWER EQUIPMENT MARKET IN NORTH AMERICA, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.2.1 United States
13.5.2.1.1 US to hold the largest share of the outdoor power equipment market from 2019 to 2024
13.5.2.2 Canada
13.5.2.2.1 Rich gardening and lawn maintenance culture in Canada to help increase demand in the near future
13.5.2.3 Mexico
13.5.2.3.1 Growth in residential construction to drive the demand for outdoor power equipment in Mexico
13.5.3 EUROPE
TABLE 156 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 157 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 158 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 159 OUTDOOR POWER EQUIPMENT MARKET IN EUROPE, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.3.1 Germany
13.5.3.1.1 Germany to remain a key market for outdoor power equipment in Europe during the forecast period
13.5.3.2 France
13.5.3.2.1 Presence of a large number of parks to drive the demand for outdoor power equipment in France
13.5.3.3 United Kingdom
13.5.3.3.1 Presence of parks and golf turfs continue to drive demand for outdoor power equipment
13.5.3.4 Rest of Europe
13.5.4 APAC
TABLE 160 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 161 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 162 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 163 OUTDOOR POWER EQUIPMENT MARKET IN APAC, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.4.1 Japan
13.5.4.1.1 Japan held the largest share in the outdoor power equipment market in APAC
13.5.4.2 China
13.5.4.2.1 Growth in GDP and construction sector to offer opportunities for the outdoor power equipment market
13.5.4.3 South Korea
13.5.4.3.1 Well-established gardening and lawn culture to propel the demand for outdoor power equipment in South Korea
13.5.4.4 India
13.5.4.4.1 Indian outdoor power equipment market to grow at the highest CAGR during the forecast period
13.5.4.5 Rest of APAC
13.5.5 ROW
TABLE 164 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY EQUIPMENT TYPE, 2016–2024 (USD MILLION)
TABLE 165 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY APPLICATION, 2016–2024 (USD MILLION)
TABLE 166 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY POWER SOURCE, 2016–2024 (USD MILLION)
TABLE 167 OUTDOOR POWER EQUIPMENT MARKET IN ROW, BY COUNTRY, 2016–2024 (USD MILLION)
13.5.5.1 South America
13.5.5.1.1 Brazil and Argentina are major markets in South America
13.5.5.2 Middle East & Africa
13.5.5.2.1 UAE and South Africa are key markets in the
Middle East and Africa
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
