Press release
Hand Tools Market Size, Top Leading Players Industry Trends and Forecast 2022-2030 | Stanley Black and Decker, Robert Bosch GmbH, MISUMI Group Inc, Snap-On Inc, Milwaukee Tool Corporation, Klein Tools,
The global hand tools market was valued at US$ 11,246.46 Mn in 2021 and is predicted to reach US$ 14,991.73 Mn by 2030, registering a CAGR of 3.4% during the forecast period 2022 - 2030.
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The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.
Leading Competitors
The leading five companies in the market collectively accounted for nearly 60% of the share in the global hand tools market in 2021. The key players in the market are Stanley Black and Decker, Robert Bosch GmbH, MISUMI Group Inc, Snap-On Inc, Milwaukee Tool Corporation, Klein Tools, Fluke Corporation, KNIPEX Group, Weidmuller Interface GmbH and Co. KG, Emil Lux GmbH & Co. KG, Sathlwille Tools, Gedore GmbH, KS Tools Werkzeuge and Maschinen GmbH, Wera Tools, Apex Tool Groupamong others. These companies are focusing on adopting strategies such as improving the efficacy of tools and offering better sales services to stay ahead of the competition in the highly competitive market scenario.
The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry's total sales over the same period, experts in the field determine to share.
The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.
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Segmentation Analysis
The global hand tools market is sub-segmented into:
By Type
Wrenches
Chisels
Hammers
Hand Saws
Axes
Pry Bars
Staple Guns
Hand Files
Vise
Anvils
Scissors
C-Clamps
Crowbars
Hand Planer
Mallet
Screwdrivers
Pliers
Measurement Tape
Level
Others
By Distribution Channel
Online
eMarketplaces
Brand Website
Offline
Supermarket/ Hypermarket
Hardware Stores
By End User
Industrial
Metalworks
Electrical
Woodworking and Carpentry
Welding
Manufacturing
Automotive
Professional
Residential/DIY
Others
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Poland
Russia
Asia Pacific
China
Taiwan
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe.
They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.
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