Press release
Hand Tools Market Worth $30,381.0 Million by 2027 | Key Players- Akar Tools Limited, Snap-On Incorporated., Stanley Black and Decker, Techtronic Industries Co. Ltd.
According to a new report published by Allied Market Research, titled, “Hand tools Market by Type, End-User, and Distribution Channel: Opportunity Analysis and Industry Forecast, 2020–2027,” the global hand tools market size was valued at $22.2 billion in 2019 and is expected to reach $30.3 billion by 2027, growing at a CAGR of 4.1% from 2020 to 2027.Get Free Sample Report @ https://www.alliedmarketresearch.com/request-sample/4470
The hand tools market has witnessed significant growth over the past decade, owing to rise in investment in various end-user industries such as construction and automotive. A number of players are expanding their business around the globe, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel the demand for the global hand tools market
Key Market Segments
The global hand tools market is classified into type, end-user, distribution channel, and region. By type, the market is segmented into wrench, plier, screw drivers, hammers, cable cutter, and others. By end user, the market is categorized into DIY, professional, and industrial. By distribution channel, the market is bifurcated into retail and online. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Competition Analysis
The key companies profiled in the report include Akar Tools Limited, Snap-On Incorporated., Stanley Black and Decker, Techtronic Industries Co. Ltd., Wera Tools, Apex Tool Group, Klein Tools Inc., Channellock, Inc., JCBL India, and Emerson Electric Co.
Key Benefits For Stakeholders
The report provides an extensive analysis of the current and emerging hand tools market trends and dynamics.
In-depth market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.
Extensive analysis of the hand tools market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The global hand tools market forecast analysis from 2020 to 2027 is included in the report.
The key market players operating in the market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry.
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Contact:
David Correa
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help@alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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