A hand tools and accessories refer to any tool that is not a power tool – that is, one powered by hand (manual labour) rather than by an engine. Some examples of hand tools are garden forks, secateurs, rakes, hammers, spanners, pliers, screwdrivers and chisels. Hand tools are generally less dangerous than power tools.
With the rapid growth of the global automobile market, the development of the industrial segment has also been augmented. The growth of the segment is not restricted to a particular region, as the automobile industry is flourishing across the world. Increasing consumer spending ability and per capita, disposable income is also creating a positive impact on the industrial segment. The increase in technical jobs and employment is a great opportunity for the hand tools market to expand in terms of quality and pricing, as professionals use high-end tools and are willing to pay more for such products.
In 2019, the market size of Hand Tools and Accessories is 14800 million US$ and it will reach 18900 million US$ in 2025, growing at a CAGR of 3.1% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hand Tools and Accessories.
This report studies the global market size of Hand Tools and Accessories, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Hand Tools and Accessories production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Stanley
Apex Tool Group
Great Wall Precision
TTi
Snap-on
Ideal Industries
Textron
Klein Tools
Wurth Group
Tajima
Knipex
Irwin
PHOENIX
Wiha
Channellock
Pro'skit
Ajay
Akar Tools
JPW Industries
JK Files
DUCK
JETECH
Excelta
Sinotools
Market Segment by Product Type
General Purpose Tools
Metal Cutting Tools
Layout and Measuring Tools
Taps and Dies
Market Segment by Application
Industrial
Household
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Hand Tools and Accessories status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Hand Tools and Accessories manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Hand Tools and Accessories are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Hand Tools and Accessories. Industry analysis & Market Report on Hand Tools and Accessories is a syndicated market report, published as Global (United States, European Union and China) Hand Tools and Accessories Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Hand Tools and Accessories market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.