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Cutlery And Hand Tools Market Innovative Trends, Future Demand And Top Leading Players - Snap-on Inc, Stanley Black & Decker Inc
Cutlery And Hand Tools Market
The cutlery and hand tools market report describes and explains the global cutlery and hand tools market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The cutlery and hand tools market consists of sales of cutlery and hand tools by entities (organizations, sole traders and partnerships) that are engaged in one or more of the following: manufacturing metal kitchen cookware (except those produced by casting (e.g., cast iron skillets) or stamped without further fabrication), utensils, and/or nonprecious and precious plated metal cutlery and flatware; manufacturing saw blades, all types (including those for power sawing machines); and manufacturing nonpowered hand and edge tools. The cutlery and hand tools market is segmented into metal kitchen cookware, utensil, cutlery, and flatware; and saw blade and hand tool.
The global cutlery and hand tools market is expected to grow from $139.58 billion in 2020 to $154.23 billion in 2021 at a compound annual growth rate (CAGR) of 10.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $201.39 billion in 2025 at a CAGR of 7%.
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Some of the major players of the cutlery and hand tools market are Snap-on Inc, Stanley Black & Decker Inc, Brüder Mannesmann AG, Acme United Corporation.
The countries covered in the global cutlery and hand tools market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global cutlery and hand tools market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global cutlery and hand tools market is segmented -
1) By Type: Metal Kitchen Cookware, Utensil, Cutlery, And Flatware, Saw Blade And Hand tool
2) By Application: Household, Commercial
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Cutlery And Hand Tools Market Characteristics
4. Cutlery And Hand Tools Market Product Analysis
5. Cutlery And Hand Tools Market Supply Chain
.....
20. Cutlery And Hand Tools Market Competitive Landscape
21. Key Mergers And Acquisitions In The Cutlery And Hand Tools Market
22. Market Background: Metal Products Market
23. Recommendations
24. Appendix
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