THE GLOBAL HAND TOOLS MARKET SIZE WAS VALUED AT USD 22.07 BILLION IN 2021 AND IS EXPECTED TO REACH USD 28.74 BILLION BY 2027, GROWING AT A CAGR OF 4.14% DURING THE FORECAST PERIOD

Hand Tools Market Report Includes Size, Share, & Trends Analysis by

  1. General Purpose Tools: Wrenches, Screwdrivers & Nut Drivers, Pliers, Hammers, Riveters, Clamps & Vises, Wrecking Bars, and Ratchets & Sockets),
  2. Cutting Tools: Saws, Chisel & Files, Knives & Blades, and Cable & Wire Cutting Tools
  3. Layout & Measuring Tools
  4. Taps & Dies
  5. Industrial End-User: Construction, Automotive, Aerospace, Electronics, Energy, Shipbuilding, and Others)
  6. Commercial End-User, and Residential
  7. Geography: APAC, North America, Europe, Latin America, and the Middle East & Africa

Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022–2027

Licence Types What are these?
GET ACTIONABLE INSIGHTS ON HOW COVID-19 IS IMPACTING YOUR BUSINESS
Enquire Now Download Free Sample

Most Exhaustive Report

icon-pages

398 Pages

icon-table

116 Tables

icon-chart

114 Charts

icon-region

5 Regions

icon-country

18 Countries

icon-company

33 Companies

icon-market

10 Market Segment

HAND TOOLS MARKET REPORT SCOPE

Report Attribute Details
MARKET SIZE USD 28.74 BILLION (2027)
CAGR 4.14% (2022-2027)
BASE YEAR 2021
FORECAST YEAR 2022-2027
MARKET SEGMENTS Tool Type (General Purpose Tools (Wrenches, Screwdrivers & Nut Drivers, Pliers, Hammers, Riveters, Clamps & Vises, Wrecking Bars, and Ratchets & Sockets), Cutting Tools (Saws, Chisel & Files, Knives & Blades, and Cable & Wire Cutting Tools), Layout & Measuring Tools, and Taps & Dies), End-User (Industrial (Construction, Automotive, Aerospace, Electronics, Energy, Shipbuilding, and Others), Commercial, and Residential)
GEOGRAPHIC ANALYSIS APAC, North America, Europe, Latin America, and Middle East & Africa
COUNTRIES COVERED China, India, Japan, South Korea, Australia, US, Canada, UK, Germany, France, Italy, Spain, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Turkey

MARKET INSIGHTS

The global hand tools market was valued at $22.07 billion in 2021 and is projected to reach $28.74 billion by 2027, growing at a CAGR of 4.14% from 2022 to 2027. Hand tools are handheld tools that are powered by manual force rather than battery or electricity like in the case of power tools. Being the most conventional form of tools, they are used for striking, cutting, measuring, fastening, and other general purposes. They are utilized for industrial, commercial, and residential activities; the most used hand tools among end-users include wrenches, drivers, pliers, and hammers. Rapid industrialization and increasing applications in the household and commercial sectors are primarily driving the hand tools and accessories market. DIY (Do It Yourself) has seen enormous growth globally over the past decade. While the trend was earlier popular only in Western countries, it is now being rapidly adopted in APAC and Latin America. Some heavy tools such as demolition hammers are also used for repair and maintenance works in commercial and residential spaces. The DIY culture can be one of the major drivers for the household hand tools market in the coming years with a higher scope for penetration in growing economies.

The following factors are likely to contribute to the hand tools market growth:

  • Rising Wood Construction
  • Rising Home Renovation and DIY Activities
  • Increasing Solar & Wind Energy Installations
  • Rising Construction Opportunities in Developing Nations
  • Mass Township Projects
  • Low Cost & Unskilled Labor in Developing Economies

KEY INSIGHTS

  • The increasing demand for aircraft alongside expansion efforts in the aviation industry is expected to support the growth of aerospace fasteners and manual fastening tools during the forecast period.
  • The DIY tool kits are gaining popularity in countries like India and China owing to the limited availability of skilled labor, which can be seen more in urban areas. This has driven the growth in the utilization of hand tools like chisels, hammers, and screwdrivers for domestic household activities, home improvement, repairs, woodwork, and gardening work.
  • Mass township projects all over the world are also driving the demand for hand tools in the forecast period. For instance, Saudi Arabia announced the homeownership strategy which estimates that 70% of the residents will have homes by 2030.
  • The US government has planned to invest around USD 2 trillion in infrastructure which will undoubtedly provide higher support to the overall growth of the infrastructural sector in North America.
  • It is estimated that the number of automotive parts and components installed will grow by over 3% annually until 2025 owing to the preference for new software, sensors, and cameras that can make use of hand tools. Brands like Stanley offer an exclusive range of hand tools like screwdrivers, wrenches, and sockets that are dedicated to the automotive industry.
  • The 2015 version of the International Building Code (IBC) has allowed the construction of wood-frame buildings that can be up to 6-story high (26 meters) high. This will drive the demand for hand tools & woodworking tools market.

HAND TOOLS MARKET SEGMENTATION

  • Increasing requirements for screwdrivers in the consumer electronics industry are driving the market growth. A large number of small and medium manufacturers sell the product at a cheaper rate, so the bargaining power of buyers is very high. The demand for manual screwdrivers may be challenged by power-driven hand tools thus driving growth in the power tools market.
  • New entrants in the market are focusing on the pocket and utility knife segments owing to their wide scope of applications. With high safety and comfortable handling, they are finding adoption in the DIY segment as well. Compact, efficient, and weightless pocketknives are in demand. Thus, vendors can use this opportunity to innovate for better product penetration.
  • The industrial end-user segment was the largest segment in the global hand tools market in 2021 and this trend is likely to continue throughout the forecast period. This is majorly due to the construction industry. For instance, housing projects with 20 million affordable homes for the urban poor is expected to boost revenue in the construction sector of India thus driving the demand for mechanical hand tools market.

HAND TOOLS MARKET REGIONAL INSIGHTS

  • APAC: APAC region consists of powerful developing nations with a majority working population. Tokyo Olympics will finally happen in the forecast period after being postponed because of a pandemic. The new infrastructure projects and upgrades are going to drive market growth. Even small nations like Singapore and Malaysia are also ramping up their infrastructural development. Singapore is known for its high-class construction facilities and Budget 2020 has announced plans for infrastructure projects.
  • North America: The North American automotive sector manufactures the highest number of electric cars in the world due to the rising demand for eco-friendly products. The North American automotive sensors market is on the rise which will also propel the demand for the assembly of precision parts. This can further drive the market for precision hand tools like pliers, cutters, and wrenches.

KEY COMPANIES

  • The key players in the hand tools market are Stanley Black & Decker, Techtronic Industries Company, Snap-on, Apex Tool Group (ATG), and Emerson.
  • Brands like Stanley Black & Decker are recognized for their industry-leading fastening solutions. The company acquired Consolidated Aerospace Manufacturing LLC (CAM), enabling better support for aerospace consumers.
  • With the growth in DIY culture and the demand for more user-friendly tools, vendors are customizing their tools for home improvement activities.
  • The anti-vibe hammers from STANLEY are designed to keep professionals in mind. It also consists of a patented tuning fork design that helps in reducing the vibration during work, which is the most demanded feature in the market today.

SEGMENTS COVERED IN THE REPORT:

Segmentation by Tool Type

  • General Purpose Tools
    • Wrenches
    • Screwdrivers & Nut Drivers
    • Pliers
    • Hammers
    • Riveters
    • Clamps & Vises
    • Wrecking Bars
    • Ratchets & Sockets
  • Cutting Tools
    • Saws
    • Chisel & Files
    • Knives & Blades
    • Cable & Wire Cutting Tools
  • Layout & Measuring Tools
  • Taps & Dies

Segmentation by End-User

  • Industrial
    • Construction
    • Automotive
    • Aerospace
    • Electronics
    • Energy
    • Shipbuilding
    • Others
  • Commercial
  • Residential

Segmentation by Geography

  • APAC
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Turkey

This Report Addresses:

  • Market research and successful decision making
  • Market forecasts from 2022 to 2027
  • Growth opportunities and trend analysis
  • Segments and regional insights
  • Key companies and market share analysis

Frequently Asked Questions

What is the estimated valuation for the global hand tools market by 2027?

The hand tools market size was valued at USD 22.07 billion in 2021 and is expected to reach USD 28.74 billion by 2027.

Which tool holds the maximum market share of the Hand tools market?

Wrench holds the largest market share in the global hand tools market.

What are the key trends in the hand tools market?

The key trends in the hand tools market are rising wood construction, mass township projects, rising infrastructure projects, and increasing wind and solar energy installations.

Who are the top players in the global hand tools industry?

The top players in the global hand tools market are Stanley Black & Decker, Techtronic Industries Company, Snap-on, Apex Tool Group (ATG), and Emerson.

What are the different types of mechanical hand tools market discussed in the report?

The different types of mechanical hand tools discussed in the report are Wrenches, Screwdrivers & Nut Drivers, Pliers, Hammers, Riveters, Clamps & Vises, Wrecking Bars, and Ratchets & Sockets.

Download Free Sample

The hand tools market size was valued at USD 22.07 billion in 2021 and is expected to reach USD 28.74 billion by 2027, growing at a CAGR of 4.14% during the forecast period

Base Year: 2021

Forecast Year: 2022-2027

The study considers a detailed scenario of the present hand tools market and its market dynamics for 2022−2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

Key Vendors

  • Stanley Black & Decker
    • Business Overview
    • Product Offerings
    • Key Strengths
    • Key Strategies
    • Key Opportunities
  • Techtronic Industries Company
  • Snap-on
  • Apex Tool Group (ATG)
  • Emerson

Other Prominent Vendors

  • Robert Bosch GmbH
    • Business Overview
    • Product Offerings
  • Akar Tools Ltd
  • Wera Tools
  • Klein Tools
  • JCBL India
  • Channellock
  • JK Files India
  • Kennametal
  • IDEAL Industries
  • Gray Tools Canada
  • Leatherman
  • Ningbo Great Wall Precision Industrial Co., Ltd
  • PILANA
  • Wurth
  • Tajima
  • KNIPEX
  • PHOENIX CONTACT
  • Wiha Tools Ltd
  • Ajay Group
  • Mac Tools
  • Stiletto Tools
  • Vaughan Manufacturing
  • Estwing
  • Kobalt
  • Daniels Manufacturing Company
  • Lowell Corporation
  • Bojo
  • Honiton

Segmentation by Tool Type

  • General Purpose Tools
    • Wrenches
    • Screwdrivers & Nut Drivers
    • Pliers
    • Hammers
    • Riveters
    • Clamps & Vises
    • Wrecking Bars
    • Ratchets & Sockets
  • Cutting Tools
    • Saws
    • Chisel & Files
    • Knives & Blades
    • Cable & Wire Cutting Tools
  • Layout & Measuring Tools
  • Taps & Dies

Segmentation by End-User

  • Industrial
    • Construction
    • Automotive
    • Aerospace
    • Electronics
    • Energy
    • Shipbuilding
    • Others
  • Commercial
  • Residential

Segmentation by Geography

  • APAC
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Turkey

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.1.1 Inclusions

4.1.2 Exclusions

4.2 Base Year

4.3 Scope of The Study

4.3.1 Market Segmentation by Tool Type

4.3.2 Market Segmentation by End-User

4.3.3 Market Segmentation by Geography

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

7.1.1 Industrial End-User Outlook

7.1.2 Shift Toward Urbanization Propelling Construction And Manufacturing Demand

7.1.3 Key Insights

7.1.4 Parameters Impacting Market Growth

7.2 Supplier & Raw Material Snapshot

7.3 Construction Insights

7.3.1 Residential Construction

7.3.2 Commercial Construction

7.3.3 Public Infrastructural Construction

7.4 Us-China Trade War

7.5 FAQ

7.5.1 Value Propositions to Focus on Product Developments

7.5.2 Major Vendors in Hand Tools Market

7.5.3 Immediate Threat to Hand Tools Market

7.5.4 Regions Experiencing Exceptional Demand & High Growth

7.6 IMPACT OF COVID-19

7.6.1 Impact of COVID-19: Supply Side

7.6.2 Impact of COVID-19: Demand Side

8 MARKET OPPORTUNITIES & TRENDS

8.1 Increasing Growth in Wood Construction

8.1.1 Europe Wood Industry Outlook

8.2 Increased Home Renovations and DIY Activities

8.3 Increasing Wind & Solar Energy Installations

8.4 Growing Construction Opportunities in Developing Countries

9 MARKET GROWTH ENABLERS

9.1 Increasing Infrastructural Construction

9.2 Growing Demand from Construction Industry

9.2.1 Rising Construction Activities in Commercial Real Estates

9.3 Mass Township Projects

9.4 Low Cost and Unskilled Labor In Developing Economies

9.5 Automotive Industry Driving Market Growth

9.6 Growing Demand for Fasteners

9.7 High Demand in APAC Manufacturing Sector

10 MARKET RESTRAINTS

10.1 Rise in Automation

10.2 Fluctuation in Raw Material Prices

10.3 Turmoil in Politicial & Trade Relationships

10.4 Slow Economic Growth in 2020

10.5 End-User Variability

10.6 Tool Safety & Risk Exposure

11 MARKET LANDSCAPE

11.1 Market Overview

11.2 Market Size & Forecast

11.3 Five Forces Analysis

11.3.1 Threat Of New Entrants

11.3.2 Bargaining Power Of Suppliers

11.3.3 Bargaining Power Of Buyers

11.3.4 Threat Of Substitutes

11.3.5 Competitive Rivalry

12 TOOL TYPE

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

13 GENERAL PURPOSE TOOLS

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.2.1 Market Size & Forecast

13.2.2 Market by Geography

13.3 WRENCHES

13.3.1 Market Size & Forecast

13.3.2 Market by Geography

13.4 SCREWDRIVERS & NUTDRIVERS

13.4.1 Market Size & Forecast

13.4.2 Market by Geography

13.5 PLIERS

13.5.1 Market Size & Forecast

13.5.2 Market by Geography

13.6 HAMMERS

13.6.1 Market Size & Forecast

13.6.2 Market by Geography

13.7 RIVETERS

13.7.1 Market Size & Forecast

13.7.2 Market by Geography

13.8 CLAMPS & VISES

13.8.1 Market Size & Forecast

13.8.2 Market by Geography

13.9 WRECKING BARS

13.9.1 Market Size & Forecast

13.9.2 Market by Geography

13.10 RACHETS & SOCKETS

13.10.1 Market Size & Forecast

13.10.2 Market by Geography

14 CUTTING TOOLS

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.2.1 Market Size & Forecast

14.2.2 Market by Geography

14.3 CHISEL & FILES

14.3.1 Market Size & Forecast

14.3.2 Market by Geography

14.4 SAWS

14.4.1 Market Size & Forecast

14.4.2 Market by Geography

14.5 KNIVES & BLADES

14.5.1 Market Size & Forecast

14.5.2 Market by Geography

14.6 CABLE & WIRE CUTTING TOOLS

14.6.1 Market Size & Forecast

14.6.2 Market by Geography

15 LAYOUT & MEASURING TOOLS

15.1 MARKET OVERVIEW

15.1.1 Market Size & Forecast

15.1.2 Market by Geography

16 TAPS & DIES

16.1 MARKET OVERVIEW

16.1.1 Market Size & Forecast

16.1.2 Market by Geography

17 END-USER

17.1 Market Snapshot & Growth Engine

17.2 Market Overview

18 INDUSTRIAL

18.1 Market Snapshot & Growth Engine

18.2 Market Overview

18.2.1 Market Size & Forecast

18.2.2 Market by Geography

18.3 CONSTRUCTION

18.3.1 Market Size & Forecast

18.3.2 Impact of COVID-19

18.3.3 Market by Geography

18.4 AUTOMOTIVE

18.4.1 Market Size & Forecast

18.4.2 Impact of COVID-19

18.4.3 Key Insights

18.4.4 Market by Geography

18.5 AEROSPACE

18.5.1 Market Size & Forecast

18.5.2 Impact of COVID-19

18.5.3 Market by Geography

18.6 ELECTRONICS

18.6.1 Market Size & Forecast

18.6.2 Impact of COVID-19

18.6.3 Market by Geography

18.7 ENERGY

18.7.1 Market Size & Forecast

18.7.2 Impact of COVID-19

18.7.3 Market by Geography

18.8 SHIPBUILDING

18.8.1 Market Size & Forecast

18.8.2 Impact of COVID-19

18.8.3 Market by Geography

18.9 OTHER Hand Tools

18.9.1 Market Size & Forecast

18.9.2 Market by Geography

19 COMMERCIAL

19.1 Market Overview

19.1.1 Market Size & Forecast

19.1.2 Market by Geography

20 RESIDENTIAL

20.1 Market Overview

20.1.1 Market Size & Forecast

20.1.2 Market by Geography

21 GEOGRAPHY

21.1 Market Snapshot & Growth Engine

21.2 Geographic Overview

22 APAC

22.1 Market Overview

22.2 Market Size & Forecast

22.3 TOOL TYPE

22.3.1 Market Size & Forecast

22.4 GENERAL PURPOSE TOOLS

22.4.1 Market Size & Forecast

22.5 CUTTING TOOLS

22.5.1 Market Size & Forecast

22.6 END-USER

22.6.1 Market Size & Forecast

22.7 INDUSTRIAL END-USERS

22.7.1 Market Size & Forecast

22.8 KEY COUNTRIES

22.8.1 China: Market Size & Forecast

22.8.2 India: Market Size & Forecast

22.8.3 Japan: Market Size & Forecast

22.8.4 South Korea: Market Size & Forecast

22.8.5 Australia: Market Size & Forecast

23 NORTH AMERICA

23.1 Market Overview

23.2 Market Size & Forecast

23.3 TOOL TYPE

23.3.1 Market Size & Forecast

23.4 GENERAL PURPOSE TOOLS

23.4.1 Market Size & Forecast

23.5 CUTTING TOOLS

23.5.1 Market Size & Forecast

23.6 END-USER

23.6.1 Market Size & Forecast

23.7 INDUSTRIAL END-USERS

23.7.1 Market Size & Forecast

23.8 KEY COUNTRIES

23.8.1 US: Market Size & Forecast

23.8.2 Canada: Market Size & Forecast

24 EUROPE

24.1 Market Overview

24.2 Market Size & Forecast

24.3 TOOL TYPE

24.3.1 Market Size & Forecast

24.4 GENERAL PURPOSE TOOLS

24.4.1 Market Size & Forecast

24.5 CUTTING TOOLS

24.5.1 Market Size & Forecast

24.6 END-USER

24.6.1 Market Size & Forecast

24.7 INDUSTRIAL END-USERS

24.7.1 Market Size & Forecast

24.8 KEY COUNTRIES

24.8.1 UK: Market Size & Forecast

24.8.2 Germany: Market Size & Forecast

24.8.3 France: Market Size & Forecast

24.8.4 Italy: Market Size & Forecast

24.8.5 Spain: Market Size & Forecast

25 LATIN AMERICA

25.1 Market Overview

25.2 Market Size & Forecast

25.3 TOOL TYPE

25.3.1 Market Size & Forecast

25.4 GENERAL PURPOSE TOOLS

25.4.1 Market Size & Forecast

25.5 CUTTING TOOLS

25.5.1 Market Size & Forecast

25.6 END-USER

25.6.1 Market Size & Forecast

25.7 INDUSTRIAL END-USERS

25.7.1 Market Size & Forecast

25.8 KEY COUNTRIES

25.8.1 Brazil: Market Size & Forecast

25.8.2 Mexico: Market Size & Forecast

26 MIDDLE EAST & AFRICA

26.1 Market Overview

26.2 Market Size & Forecast

26.3 TOOL TYPE

26.3.1 Market Size & Forecast

26.4 GENERAL PURPOSE TOOLS

26.4.1 Market Size & Forecast

26.5 CUTTING TOOLS

26.5.1 Market Size & Forecast

26.6 END-USER

26.6.1 Market Size & Forecast

26.7 INDUSTRIAL END-USERS

26.7.1 Market Size & Forecast

26.8 KEY COUNTRIES

26.8.1 South Africa: Market Size & Forecast

26.8.2 Saudi Arabia: Market Size & Forecast

26.8.3 UAE: Market Size & Forecast

26.8.4 Turkey: Market Size & Forecast

27 COMPETITIVE LANDSCAPE

27.1 Competition Overview

28 KEY COMPANY PROFILES

28.1 STANLEY BLACK & DECKER

28.1.1 Business Overview

28.1.2 Product Offerings

28.1.3 Key Strategies

28.1.4 Key Strengths

28.1.5 Key Opportunities

28.2 TECHTRONIC INDUSTRIES COMPANY

28.2.1 Business Overview

28.2.2 Product Offerings

28.2.3 Key Strategies

28.2.4 Key Strengths

28.2.5 Key Opportunities

28.3 SNAP-ON

28.3.1 Business Overview

28.3.2 Product Offerings

28.3.3 Key Strategies

28.3.4 Key Strengths

28.3.5 Key Opportunities

28.4 APEX TOOL GROUP

28.4.1 Business Overview

28.4.2 Product Offerings

28.4.3 Key Strategies

28.4.4 Key Strengths

28.4.5 Key Opportunities

28.5 EMERSON

28.5.1 Business Overview

28.5.2 Product Offerings

28.5.3 Key Strategies

28.5.4 Key Strengths

28.5.5 Key Opportunities

29 OTHER PROMINENT VENDORS

29.1 ROBERT BOSCH GMBH

29.1.1 Business Overview

29.1.2 Product Offerings

29.2 AKAR TOOLS LTD

29.2.1 Business Overview

29.2.2 Product Offerings

29.3 WERA TOOLS

29.3.1 Business Overview

29.3.2 Product Offerings

29.4 KLEIN TOOLS

29.4.1 Business Overview

29.4.2 Product Offerings

29.5 JCBL INDIA

29.5.1 Business Overview

29.5.2 Product Offerings

29.6 CHANNELLOCK

29.6.1 Business Overview

29.6.2 Product Offerings

29.7 JK FILES INDIA

29.7.1 Business Overview

29.7.2 Product Offerings

29.8 KENNAMETAL

29.8.1 Business Overview

29.8.2 Product Offerings

29.9 IDEAL INDUSTRIES

29.9.1 Business Overview

29.9.2 Product Offerings

29.10 GRAY TOOLS CANADA

29.10.1 Business Overview

29.10.2 Product Offerings

29.11 LEATHERMAN

29.11.1 Business Overview

29.11.2 Product Offerings

29.12 NINGBO GREAT WALL PRECISION INDUSTRIAL CO.

29.12.1 Business Overview

29.12.2 Product Offerings

29.13 PILANA

29.13.1 Business Overview

29.13.2 Product Offerings

29.14 WURTH

29.14.1 Business Overview

29.14.2 Product Offerings

29.15 TAJIMA

29.15.1 Business Overview

29.15.2 Product Offerings

29.16 KNIPEX

29.16.1 Business Overview

29.16.2 Product Offerings

29.17 PHOENIX CONTACT

29.17.1 Business Overview

29.17.2 Product Offerings

29.18 WIHA TOOLS

29.18.1 Business Overview

29.18.2 Product Offerings

29.19 AJAY GROUP

29.19.1 Business Overview

29.19.2 Product Offerings

29.20 MAC TOOLS

29.20.1 Business Overview

29.20.2 Product Offerings

29.21 STILETTO

29.21.1 Business Overview

29.21.2 Product Offerings

29.22 VAUGHAN MANUFACTURING

29.22.1 Business Overview

29.22.2 Product Offerings

29.23 ESTWING

29.23.1 Business Overview

29.23.2 Product Offerings

29.24 KOBALT

29.24.1 Business Overview

29.24.2 Product Offerings

29.25 DANIELS MANUFACTURING CORPORATION

29.25.1 Business Overview

29.25.2 Product Offerings

29.26 LOWELL CORPORATION

29.26.1 Business Overview

29.26.2 Product Offerings

29.27 BOJO

29.27.1 Business Overview

29.27.2 Product Offerings

29.28 HONITON

29.28.1 Business Overview

29.28.2 Product Offerings

30 REPORT SUMMARY

30.1 Key Takeaways

30.2 Strategic Recommendations

31 QUANTITATIVE SUMMARY

31.1 Market By Geography

32 APAC

32.1 TOOL TYPE

32.1.1 Market Size & Forecast

32.2 GENERAL PURPOSE TOOLS

32.2.1 Market Size & Forecast

32.3 CUTTING TOOLS

32.3.1 Market Size & Forecast

32.4 END-USER

32.4.1 Market Size & Forecast

32.5 INDUSTRIAL END-USERS

32.5.1 Market Size & Forecast

33 NORTH AMERICA

33.1 TOOL TYPE

33.1.1 Market Size & Forecast

33.2 GENERAL PURPOSE TOOLS

33.2.1 Market Size & Forecast

33.3 CUTTING TOOLS

33.3.1 Market Size & Forecast

33.4 END-USER

33.4.1 Market Size & Forecast

33.5 INDUSTRIAL END-USERS

33.5.1 Market Size & Forecast

34 EUROPE

34.1 TOOL TYPE

34.1.1 Market Size & Forecast

34.2 GENERAL PURPOSE TOOLS

34.2.1 Market Size & Forecast

34.3 CUTTING TOOLS

34.3.1 Market Size & Forecast

34.4 END-USER

34.4.1 Market Size & Forecast

34.5 INDUSTRIAL END-USERS

34.5.1 Market Size & Forecast

35 LATIN AMERICA

35.1 TOOL TYPE

35.1.1 Market Size & Forecast

35.2 GENERAL PURPOSE TOOLS

35.2.1 Market Size & Forecast

35.3 CUTTING TOOLS

35.3.1 Market Size & Forecast

35.4 END-USER

35.4.1 Market Size & Forecast

35.5 INDUSTRIAL END-USERS

35.5.1 Market Size & Forecast

36 MIDDLE EAST & AFRICA

36.1 TOOL TYPE

36.1.1 Market Size & Forecast

36.2 GENERAL PURPOSE TOOLS

36.2.1 Market Size & Forecast

36.3 CUTTING TOOLS

36.3.1 Market Size & Forecast

36.4 END-USER

36.4.1 Market Size & Forecast

36.5 INDUSTRIAL END-USERS

36.5.1 Market Size & Forecast

37 APPENDIX

37.1 Abbreviations

LIST OF EXHIBITS             

Exhibit 1              Segmentation of Global Hand Tools Market

Exhibit 2              Market Size Calculation Approach 2021

Exhibit 3              Life Cycle Placement of Global Hand Tools Market

Exhibit 4              Competitiveness among Tool Categories in End-user Industries 2021–2027

Exhibit 5              Industry Outlook amid COVID-19 Pandemic

Exhibit 6              Global Urban & Rural Population 1950–2050 (million)

Exhibit 7              Market Growth Parameters

Exhibit 8              Supply & Raw Material Insights

Exhibit 9              Impact of COVID-19 on Industrial Fasteners Market

Exhibit 10            Impact of Increasing Growth in Wood Construction

Exhibit 11            Share of Wooden Construction Across Geographies 2019

Exhibit 12            Factors driving Demand for Wood/Timber Products

Exhibit 13            Key Insights

Exhibit 14            Impact of Increased Home Renovations and DIY Activities

Exhibit 15            Spending on Interior Room Renovations by Homeowners in North America 2019 ($)

Exhibit 16            Impact of Increasing Solar & Wind Energy Installations

Exhibit 17            Wind Power Industry Outlook

Exhibit 18            Solar & Wind Power Installation Outlook

Exhibit 19            Impact of Growing Construction Opportunities in Developing Countries

Exhibit 20            Impact of Increasing Infrastructural Construction

Exhibit 21            Ongoing Infrastructure Projects in UAE

Exhibit 22            Impact of Growing Demand from Construction Industry

Exhibit 23            Factors driving Construction Industry Growth

Exhibit 24            Impact of Mass Township Projects

Exhibit 25            Overview of Mass Township Projects

Exhibit 26            Impact of Low Cost & Unskilled Labor in Developing Economies

Exhibit 27            Labor Costs per Hour in China, Vietnam, Mexico (2016–2020) ($)

Exhibit 28            China Labor Cost Index

Exhibit 29            Impact of Automotive Industry Driving Market Growth

Exhibit 30            Automotive Aftermarket Industry Trend supporting Long-term Growth in Hand Tools Market

Exhibit 31            Impact of Growing Demand for Fasteners

Exhibit 32            Impact of High Demand in APAC Manufacturing Sector

Exhibit 33            Impact of Rise in Automation

Exhibit 34            113

Exhibit 35            Factors hindering Manual Hand Tools Demand

Exhibit 36            Impact of Fluctuation in Raw Material Prices

Exhibit 37            Aluminum Price Fluctuation: Oct 1990—Jan 2020 ($ per metric ton)

Exhibit 38            Carbon Steel Price Fluctuation: May 2019—April 2020 ($ per metric ton)

Exhibit 39            Weekly Average Prices of Natural Rubber 2021 ($ per 100 kg)

Exhibit 40            Impact of Turmoil in Political & Trade Relationships

Exhibit 41            Constraints for Market Growth

Exhibit 42            Impact of Slow Economic Growth in 2020

Exhibit 43            GDP of Major Countries 2019 & 2020 ($ trillion)

Exhibit 44            Impact of End-User Variability

Exhibit 45            Impact of Tool Safety & Risk Exposure

Exhibit 46            Global Hand Tools Market 2018–2027 ($ billion)

Exhibit 47            Five Forces Analysis 2021

Exhibit 48            Incremental Growth by Tool Type 2021 & 2027

Exhibit 49            Incremental Growth by General Purpose Tools 2021-2027

Exhibit 50            Global General Purpose Hand Tools Market 2021–2027 ($ billion)

Exhibit 51            Global Hand Wrenches Market 2021–2027 ($ billion)

Exhibit 52            Factors impacting Screwdrivers Market

Exhibit 53            Global Screwdrivers & Nut Drivers Market 2021–2027 ($ billion)

Exhibit 54            Global Pliers Market 2021–2027 ($ billion)

Exhibit 55            Global Hammers Market 2021–2027 ($ billion)

Exhibit 56            Global Riveters Market 2021–2027 ($ billion)

Exhibit 57            Global Clamps & Vises Market 2021–2027 ($ billion)

Exhibit 58            Global Wrecking Bars Market 2021–2027 ($ billion)

Exhibit 59            Global Rachets & Sockets Market 2021–2027 ($ billion)

Exhibit 60            Incremental Growth by Cutting Tools 2021-2027

Exhibit 61            Global Cutting Tools Market 2021–2027 ($ billion)

Exhibit 62            Global Chisel & Files Market 2021–2027 ($ billion)

Exhibit 63            Key Trends in Saws Market

Exhibit 64            Global Saws Market 2021–2027 ($ billion)

Exhibit 65            Global Knives & Blades Market 2021–2027 ($ billion)

Exhibit 66            Key Factors impacting Cable & Wire Cutting Tools Market

Exhibit 67            Global Cable & Wire Cutting Tools Market 2021–2027 ($ billion)

Exhibit 68            Global Layout & Measuring Tools Market 2021–2027 ($ billion)

Exhibit 69            Global Taps & Dies Market 2021–2027 ($ billion)

Exhibit 70            Incremental Growth by End-User 2021 & 2027

Exhibit 71            Incremental Growth by End-User 2021 & 2027

Exhibit 72            Global Industrial Hand Tools Market 2021–2027 ($ billion)

Exhibit 73            Key Factors in Construction Industry

Exhibit 74            Global Construction Hand Tools Market 2021–2027 ($ billion)

Exhibit 75            Key Industry Outlook

Exhibit 76            COVID-19 Pandemic impacting Construction Industry

Exhibit 77            Global Automotive Hand Tools Market 2021–2027 ($ billion)

Exhibit 78            Automotive Industry and US-China Impact due to COVID-19

Exhibit 79            Factors driving Automotive Demand in Emerging Countries

Exhibit 80            Global Aerospace Hand Tools Market 2021–2027 ($ billion)

Exhibit 81            Post COVID-19 Impact

Exhibit 82            Global Electronics Hand Tools Market 2021–2027 ($ billion)

Exhibit 83            Global Energy Hand Tools Market 2021–2027 ($ billion)

Exhibit 84            Investment in Energy Sector 2019 vs 2020 ($ billion)

Exhibit 85            Shipbuilding Orderbook of Countries 2019 ($ million)

Exhibit 86            Global Shipbuilding Hand Tools Market 2021–2027 ($ billion)

Exhibit 87            Marine & Shipbuilding Industry Outlook

Exhibit 88            Mining Industry Dynamics

Exhibit 89            Key Insights: Mining Industry

Exhibit 90            Global Other Hand Tools Market 2021–2027 ($ billion)

Exhibit 91            Commercial Sector Market Dynamics

Exhibit 92            Global Commercial Hand Tools Market 2021–2027 ($ billion)

Exhibit 93            Global Residential Sector Insights

Exhibit 94            Global Residential Hand Tools Market 2021–2027 ($ billion)

Exhibit 95            Incremental Growth by Geography 2021 & 2027

Exhibit 96            Regional Contribution to Global Hand Tools Market 2021 (%)

Exhibit 97            Incremental Growth Insights in Global Hand Tools Market by Region

Exhibit 98            Hand Tools Market in APAC 2018–2027 ($ billion)

Exhibit 99            Incremental Growth in North America 2021 & 2027

Exhibit 100         Hand Tools Market in China 2021–2027 ($ billion)

Exhibit 101         Crucial Factors Promoting Market Growth in China

Exhibit 102         Incremental Share of China in Global Automotive Production Pre COVID-19

Exhibit 103         Key Insights

Exhibit 104         Key Insights about Hand Tools Market in India

Exhibit 105         India: Overview of Manufacturing Sector & FDI Flow

Exhibit 106         Industrial Dynamics in India

Exhibit 107         Hand Tools Market in India 2021–2027 ($ billion)

Exhibit 108         Hand Tools Market in Japan 2021–2027 ($ billion)

Exhibit 109         Japan: Industrial Dynamics

Exhibit 110         Hand Tools Market in South Korea 2021–2027 ($ billion)

Exhibit 111         Factors Impacting Demand for Hand Tools in South Korea

Exhibit 112         End-User Highlights

Exhibit 113         Hand Tools Market in Australia 2021–2027 ($ billion)

Exhibit 114         Manufacturing & Industrial Insights in Australia (2021)

Exhibit 115         Estimated Worth of Construction Activities in US 2019–2024 ($ million)

Exhibit 116         Hand Tools Market in North America 2018–2027 ($ billion)

Exhibit 117         Incremental Growth in North America 2021 & 2027

Exhibit 118         Hand Tools Market in US 2021–2027 ($ billion)

Exhibit 119         Hand Tools Market in Canada 2021–2027 ($ billion)

Exhibit 120         COVI-19 Impact on GDP Forecast of Canada

Exhibit 121         Growth Rate of Construction Industry in Western Europe 2019

Exhibit 122         Share of Vehicle by Fuel Type in Europe Q1 2020

Exhibit 123         Hand Tools Market in Europe 2018–2027 ($ billion)

Exhibit 124         Incremental Growth in Europe 2021 & 2027

Exhibit 125         Hand Tools Market in UK 2021–2027 ($ billion)

Exhibit 126         Hand Tools Market in Germany 2021–2027 ($ billion)

Exhibit 127         Challenges in Germany’s Hand Tools Market

Exhibit 128         Hand Tools Market in France 2021–2027 ($ billion)

Exhibit 129         Hand Tools Market in Italy 2021–2027 ($ billion)

Exhibit 130         Hand Tools Market in Spain 2021–2027 ($ billion)

Exhibit 131         Approximate Value of Construction Industry in Latin America 2019-2020 ($ billion)

Exhibit 132         Hand Tools Market in Latin America 2018–2027 ($ billion)

Exhibit 133         Incremental Growth in North America 2021 & 2027

Exhibit 134         Hand Tools Market in Brazil 2021–2027 ($ billion)

Exhibit 135         Key Factors Impacting the Demand for Hand Tools in Brazil

Exhibit 136         Hand Tools Market in Mexico 2021–2027 ($ billion)

Exhibit 137         Key Industry Insights in Mexico

Exhibit 138         Hand Tools Market in Middle East & Africa 2018–2027 ($ billion)

Exhibit 139         Incremental Growth in North America 2021 & 2027

Exhibit 140         Hand Tools Market in South Africa 2021–2027 ($ billion)

Exhibit 141         Hand Tools Market in Saudi Arabia 2021–2027 ($ billion)

Exhibit 142         Factors challenging Hand Tools Demand in Saudi Arabia

Exhibit 143         Hand Tools Market in UAE 2021–2027 ($ billion)

Exhibit 144         Hand Tools Market in Turkey 2021–2027 ($ billion)

 

LIST OF TABLES 

Table 1              Key Caveats

Table 2              Currency Conversion 2015−2021

Table 3              Global PMI Overview for April–May 2020

Table 4              General Purpose Hand Tools Market by Geography 2021–2027 ($ million)

Table 5               Commonly used Wrenches - Applications & Average Price

Table 6               Wrenches Market by Geography 2021−2027 ($ million)

Table 7               Screwdrivers & Nut Drivers Market by Geography 2021–2027 ($ million)

Table 8               Pliers Market by Geography 2021−2027 ($ million)

Table 9               Applications & Classification of Hammers

Table 10              Hammers Market by Geography 2021-2027 ($ million)

Table 11              Riveters Market by Geography 2021−2027 ($ million)

Table 12              Clamps & Vises Market by Geography 2021-2027 ($ million)

Table 13              Wrecking Bars Market by Geography 2021−2027 ($ million)

Table 14              Rachets & Sockets Market by Geography 2021−2027 ($ million)

Table 15              Cutting Tools Market by Geography 2021−2027 ($ million)

Table 16              Chisel & Files Market by Geography 2021−2027 ($ million)

Table 17              Saws Market by Geography 2021−2027 ($ million)

Table 18              Knives & Blades Market by Geography 2021−2027 ($ million)

Table 19              Cable & Wire Cutting Tools Market by Geography 2021−2027 ($ million)

Table 20              Layout & Measuring Tools Market by Geography 2021-2027 ($ million)

Table 21              Taps & Dies Market by Geography 2021−2027 ($ million)

Table 22              Industrial Hand Tools Market by Geography 2021−2027 ($ million)

Table 23              Construction Hand Tools Market by Geography 2021−2027 ($ million)

Table 24              Automotive Hand Tools Market by Geography 2021−2027 ($ million)

Table 25              Aerospace Hand Tools Market by Geography 2021−2027 ($ million)

Table 26              Electronics Hand Tools Market by Geography 2021−2027 ($ million)

Table 27              Energy Hand Tools Market by Geography 2021−2027 ($ million)

Table 28              Shipbuilding Hand Tools Market by Geography 2021−2027 ($ million)

Table 29              Others Hand Tools Market by Geography 2021−2027 ($ million)

Table 30              Commercial Hand Tools Market by Geography 2021−2027 ($ million)

Table 31              Residential Hand Tools Market by Geography 2021−2027 ($ million)

Table 32              Hand Tools Market by Type in APAC 2021−2027 ($ million)

Table 33              General Purpose Tools Market in APAC 2021−2027 ($ million)

Table 34              Cutting Tools Market in APAC 2021−2027 ($ million)

Table 35              Hand Tools Market in APAC by End-Users 2021−2027 ($ million)

Table 36              Hand Tools Market in APAC by Industrial End-Users 2021−2027 ($ million)

Table 37              Hand Tools Market by Type in North America 2021−2027 ($ million)

Table 38              General Purpose Tools Market in North America 2021−2027 ($ million)

Table 39              Cutting Tools Market in North America 2021−2027 ($ million)

Table 40              Hand Tools Market in North America by End-Users 2021−2027 ($ million)

Table 41              Hand Tools Market in North America by Industrial End-Users 2021−2027 ($ million)

Table 42              Hand Tools Market by Type in Europe 2021−2027 ($ million)

Table 43              General Purpose Tools Market in Europe 2021−2027 ($ million)

Table 44              Cutting Tools Market in Europe 2021−2027 ($ million)

Table 45              Hand Tools Market in Europe by End-Users 2021−2027 ($ million)

Table 46              Hand Tools Market in Europe by Industrial End-Users 2021−2027 ($ million)

Table 47              Hand Tools Market by Type in Latin America 2021−2027 ($ million)

Table 48              General Purpose Tools Market in Latin America 2021−2027 ($ million)

Table 49              Cutting Tools Market in Latin America 2021−2027 ($ million)

Table 50              Hand Tools Market in Latin America by End-Users 2021−2027 ($ million)

Table 51              Hand Tools Market in Latin America by Industrial End-Users 2021−2027 ($ million)

Table 52              Hand Tools Market by Type in Middle East & Africa 2021−2027 ($ million)

Table 53              General Purpose Tools Market in Middle East & Africa 2021−2027 ($ million)

Table 54              Cutting Tools Market in Middle East & Africa 2021−2027 ($ million)

Table 55              Hand Tools Market in Middle East & Africa by End-Users 2021−2027 ($ million)

Table 56              Hand Tools Market in Middle East & Africa by Industrial End-Users 2021−2027 ($ million)

Table 57              Stanley Black & Decker: Major Product Offerings

Table 58              Techtronic Industries Company: Major Product Offerings

Table 59              Snap-on: Major Product Offerings

Table 60              Apex Tool Group: Major Product Offerings

Table 61              Emerson: Major Product Offerings

Table 62              Robert Bosch GmbH: Major Product Offerings

Table 63              Akar Tools Ltd: Major Product Offerings

Table 64              Wera: Major Product Offerings

Table 65              Klein Tools: Major Product Offerings

Table 66              JCBL India: Major Product Offerings

Table 67              Channellock: Major Product Offerings

Table 68              JK Files India: Major Product Offerings

Table 69              Kennametal: Major Product Offerings

Table 70              IDEAL INDUSTRIES: Major Product Offerings

Table 71              Gray Tools Canada: Major Product Offerings

Table 72              Leatherman: Major Product Offerings

Table 73              Ningbo Great Wall Precision Industrial Co., Ltd: Major Product Offerings

Table 74              PILANA: Major Product Offerings

Table 75              Wurth: Major Product Offerings

Table 76              Tajima: Major Product Offerings

Table 77              KNIPEX: Major Product Offerings

Table 78              PHOENIX CONTACT: Major Product Offerings

Table 79              Wiha Tools Ltd.: Major Product Offerings

Table 80              Ajay Group: Major Product Offerings

Table 81              Mac Tools: Major Product Offerings

Table 82              Stiletto: Major Product Offerings

Table 83              Vaughan Manufacturing: Major Product Offerings

Table 84              Estwing: Major Product Offerings

Table 85              Kobalt: Major Product Offerings

Table 86              Daniels Manufacturing Company: Major Product Offerings

Table 87              Lowell Corporation: Major Product Offerings

Table 88              Bojo: Major Product Offerings

Table 89              Honiton: Major Product Offerings

Table 90              Global Hand Tools Market by Geography 2021−2027 ($ billion)

Table 91              Global Hand Tools Market by Geography 2021−2027 (%)

Table 92              Hand Tools Market by Tool Type in APAC 2021−2027 ($ million)

Table 93              General Purpose Tools Market in APAC 2021−2027 ($ million)

Table 94              Cutting Tools Market in APAC 2021−2027 ($ million)

Table 95              Hand Tools Market in APAC by End-Users 2021−2027 ($ million)

Table 96              Hand Tools Market in APAC by Industrial End-Users 2021−2027 ($ million)

Table 97              Hand Tools Market by Type in North America 2021−2027 ($ million)

Table 98              General Purpose Tools Market in North America 2021−2027 ($ million)

Table 99              Cutting Tools Market in North America 2021−2027 ($ million)

Table 100            Hand Tools Market in North America by End-Users 2021−2027 ($ million)

Table 101            Hand Tools Market in North America by Industrial End-Users 2021−2027 ($ million)

Table 102            Hand Tools Market by Type in Europe 2021−2027 ($ million)

Table 103            General Purpose Tools Market in Europe 2021−2027 ($ million)

Table 104            Cutting Tools Market in Europe 2021−2027 ($ million)

Table 105            Hand Tools Market in Europe by End-Users 2021−2027 ($ million)

Table 106            Hand Tools Market in Europe by Industrial End-Users 2021−2027 ($ million)

Table 107            Hand Tools Market by Tool Type in Latin America 2021−2027 ($ million)

Table 108            General Purpose Tools Market in Latin America 2021−2027 ($ million)

Table 109            Cutting Tools Market in Latin America 2021−2027 ($ million)

Table 110            Hand Tools Market in Latin America by End-Users 2021−2027 ($ million)

Table 111            Hand Tools Market in Latin America by Industrial End-Users 2021−2027 ($ million)

Table 112            Hand Tools Market by Type in Middle East & Africa 2021−2027 ($ million)

Table 113            General Purpose Tools Market in Middle East & Africa 2021−2027 ($ million)

Table 114            Cutting Tools Market in Middle East & Africa 2021−2027 ($ million)

Table 115            Hand Tools Market in Middle East & Africa by End-Users 2021−2027 ($ million)

Table 116            Hand Tools Market in Middle East & Africa by Industrial End-Users 2021−2027 ($ million)

Select a license type that suits your business needs

single-user Single User Licence
$3750.00
  • Report accessible by one user only
  • Free 10% or 3 days of customization
  • Free post-sale service assistance
  • Continuous support through email
Best Value Tag
5-user 5 User Licence
$4250.00
  • Report accessible by 5 users within the organization
  • Free 15% or 4.5 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
corporate.png Corporate Licence
$5250.00
  • Free Datasheet worth $1500
  • Report accessible by the entire organization
  • Free 20% or 6 days of customization
  • Free post-sale service assistance
  • Continuous support through email and telephone
  • Direct access to lead analysts
  • Free analyst hour
  • Free Upgrade: If an updated report published within 180 days of purchase, you will get the revised report free of charge
datasheet.png Datasheet Licence
$1500.00
  • Report accessible by 1 user only
  • Free 15% or 32 hours of customization
  • Free post-sale service assistance
  • Direct access to lead analysts

Our Clients

Licence Types What are these?

Our Clients Speak

erick

"The report by Arizton was spot on. It not only gave us insight into the pro audio market, we used it to raise funds for our company. The data proved (to the VC we pitched to) that the market was large enough for our company to not only survive but also grow."

Erik Young
CEO, Co-founder
Audink Inc., DBA Audios
SPEAK WITH OUR ANALYST

Want to know more about the report or any specific requirement?

Click to Email +1-312-235-2040

Want to Customize the Report?

Click Here

Why Arizton?

  • 100% Customer Satisfaction
  • 24x7 availability – we are always there when you need us
  • 200+ Fortune 500 Companies trust Arizton's report
  • 80% of our reports are exclusive and first in the industry
  • 100% more data and analysis
  • 1000+ reports published till date