Press release
Chalk Reel And Line Chalk Market To Increase at Steady Growth Rate 2016-2026
Chalk reel and line chalk is a tool for marking straight long lines on flat surfaces. The global chalk reel and line chalk expected to have significant growth rate, attributed to high advanced instruments in the construction industry. North America and APEJ have significant revenue share in the global chalk reel and line chalk market, attributed to rapid growth of construction industry over the forecast period.Global Chalk Reel and Line Chalk Market Dynamics:
The growth of the global chalk reel and line chalk market is driven by growing construction industry. The macroeconomic factors responsible for the growth of global chalk reel and line chalk market include rapid rate of urbanization, rising disposable income, changing lifestyle, and growing economies. The factor trending the demand for global chalk reel and line chalk market include the use of advanced devices in the construction projects. The company providing the chalk reel and line chalk have significantly high opportunity in regions such as Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Chalk Reel and Line Chalk Market Segmentation:
The global chalk reel and line chalk market is segmented on the basis of the product type, distribution channel, chalk color, and region. On the basis of product type, the global chalk reel and line chalk market is segmented as twisted and braided, wherein twisted chalk reel have significant revenue share in global chalk reel and line chalk market and is expected to have substantial growth rate. On the basis of a distribution channel, the chalk reel and line chalk market is segmented as e-Commerce and retail shops. Retail shops are again classified into hypermarket/supermarket, independent shops, and convenience stores. Among the distribution channel segment, retail shops segment contribute for the significant revenue share in the global chalk reel and line chalk market, whereas e-Commerce is expected to have substantial growth rate over the forecast period. On the basis of chalk color, the global chalk reel and line chalk market is segmented as red, white, blue, yellow, orange, lime, and others, wherein red and blue segment have significant revenue share in global chalk reel and line chalk market.
Based on product type, the global chalk reel and line chalk market is segmented into:
Twisted
Braided
Based on distribution channel, the global chalk reel and line chalk market is segmented into:
e-Commerce
Retail Shops
Hypermarket/Supermarket
Independent shops
Convenience Stores
Based on chalk color, the global chalk reel and line chalk market is segmented into:
Red
White
Blue
Yellow
Orange
Lime
Others
Global Chalk Reel and Line Chalk Market Regional Outlook:
Based on the geographies, the global chalk reel and line chalk market is fragmented into seven regions -- North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, Asia-Pacific except Japan accounts for a significant share of the global chalk reel and line chalk market with a substantial CAGR, attributed to growing increasing population across the region particularly in countries such as India and China. The North America region accounts for a significant share in the global chalk reel and line chalk market with significant growth rate, owing to increasing construction industry in the U.S. Western Europe revenue share is followed by North America region in the global chalk reel and line chalk market. Eastern Europe and Japan also accounts for significant value share in the global chalk reel and line chalk market. The developing economy such as Middle East Africa and Latin America have a substantial growth in the global chalk reel and line chalk market, owing to the high focus on infrastructure particularly in the GCC countries. Overall, the outlook for the global chalk reel and line chalk market will have a positive growth over the forecast period.
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Global Chalk Reel and Line Chalk Market Player:
Few players in the global chalk reel and line chalk market include TAJIMA group, Milwaukee Tool, Keson, TRANTEX, and DEWALT.
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