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Global Trowel Market Size, Share, Price, Trends, Growth, Report And Forecast 2023-2028

08-31-2023 07:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Global Trowel Market Size, Share, Price, Trends, Growth, Report

According to the report by Expert Market Research (EMR), the Global Trowel Market Size is projected to grow at a CAGR of 5.40% between 2023 and 2028. Aided by the escalating demand in the construction industry and the increasing applications of trowels in various segments like masonry, gardening, and archaeology, the market is expected to grow significantly by 2028.

Trowels are a ubiquitous tool in the construction sector, widely used for spreading, smoothing, or shaping layers of concrete, plaster, or mortar on surfaces. They come in diverse shapes and sizes, each tailored for specific tasks, from brick laying and plastering to gardening and archaeological excavations. This versatile tool is integral to a myriad of projects, aiding in precision work and enhancing the quality of the final product.

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The rise in global infrastructure development activities is a key factor driving the global trowel market growth. With the mounting urbanisation trends and increased government expenditure on public infrastructure, the demand for high-quality and durable construction tools like trowels has skyrocketed. Additionally, the recovery of the construction sector post the COVID-19 pandemic has further bolstered the market growth.

The expanding use of trowels in various fields also plays a significant role in propelling the trowel market expansion. In the realm of archaeology, trowels are essential for delicate excavation work, where precision and care are paramount. The horticulture industry, too, heavily relies on trowels for planting, weeding, and other gardening tasks.

Furthermore, technological advancements in tool manufacturing have led to the emergence of innovative trowel designs with ergonomic handles, improved materials, and better functionality, which has resulted in a greater market demand. The proliferation of e-commerce and online sales platforms has also widened the accessibility and availability of a diverse range of trowels, thereby augmenting the trowel market growth.

The increasing focus on DIY (Do-It-Yourself) home improvement projects, has heightened the demand for user-friendly and versatile tools like trowels. The trend of DIY activities is expected to continue, further fostering the trowel market development.

Lastly, the emerging trend of sustainable and green buildings, which require specific construction practices and materials, has led to the development of specialised trowels. This niche market segment is expected to provide additional impetus to the global trowel market.

Trowel Market Segmentation

The market can be divided based on type, application, distribution channel, and region.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/trowel-market

Market Breakup by Type

V-Notch Trowels
U-Notch Trowels
Square Notch Trowels
Margin Trowels
Speciality Trowels
Others

Market Breakup by Application

Floor
Wall
Others

Market Breakup by Distribution Channel

Online
Offline

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global trowel companies. Some of the major key players explored in the report by Expert Market Research are as follows:

Marshalltown Company
Hyde Tools, Inc
Ragni
OX Tools AU Pty Ltd
Spear & Jackson
Leading Tools Industrial Co., Ltd
Carl Kammerling International Ltd.
Faithfull Tools
Bon Tool Co.
Goldblatt Industries, LLC
Others

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Media Contact:

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Contact Person: Anisha Luccas, Business Consultant
Email: sales@expertmarketresearch.com
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Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

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Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

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