Hand Tools - Global Market Outlook (2017-2023)

Hand Tools - Global Market Outlook (2017-2023)

  • Published: July 2017
  • ID: SMRC16586

According to Stratistics MRC, the Global Hand Tools market is expected to grow from $9.80 billion in 2016 to reach $13.12 billion by 2023 with a CAGR of 4.2%. The growth of the market is propelled by the growing demand for automotive repair and maintenance, rise in demand for automotive tools and mechanic tools, high growth rate in furniture market and increasing diffusion of internet and online shopping. However, the requirement for power tools is forecast to outpace the demand for hand tools.

In 2016, the general-purpose tools segment commanded the largest market share due to growing requirement for wood-based products, quick extension of residential and stable constructional activities. North America is anticipated to dominate the global market in terms of revenue during the forecast period attributed to increasing demand in construction sector which will further increase the demand for wood and wood based products in this region.

Some of the key players in this market include Akar Tools Limited, Apex Tools Group, Channellock, Inc., Craftsman-Sears Brands, Irwin Industrial Tools , JK Files (India) Limited, Kennametal Inc., Klein Tools , Newell Brands Incorporated , Northern Tool + Equipment, Power Products Llc, Snap-On , Stanley Black&Decker, Techtronic Industries Company Limited, Textron Incorporated and Wera Tools.

Products Covered:
• Metal Cutting Tools
• Taps and Dies
• Layout and Measuring Tools
• General Purpose Tools

Sales Channels Covered:
• Distributor Sales
• Online Sales
• Retail Sales

Applications Covered:
• Household and DIY
• Industrial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary     
       
2 Preface 
     
 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions   
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats     
 3.6 Product Analysis    
 3.7 Application Analysis   
 3.8 Emerging Markets    
 3.9 Futuristic Market Scenario   
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes   
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Hand Tools Market, By Product   
 5.1 Introduction    
 5.2 Metal Cutting Tools    
 5.3 Taps and Dies    
 5.4 Layout and Measuring Tools   
 5.5 General Purpose Tools   
       
6 Global Hand Tools Market, By Sales Channel  
 6.1 Introduction    
 6.2 Distributor Sales    
 6.3 Online Sales    
 6.4 Retail Sales    
       
7 Global Hand Tools Market, By Application  
 7.1 Introduction    
 7.2 Household and DIY    
 7.3 Industrial     
       
8 Global Hand Tools Market, By Geography  
 8.1 North America    
  8.1.1 US    
  8.1.2 Canada    
  8.1.3 Mexico    
 8.2 Europe     
  8.2.1 Germany    
  8.2.2 France    
  8.2.3 Italy    
  8.2.4 UK    
  8.2.5 Spain    
  8.2.6 Rest of Europe   
 8.3 Asia Pacific    
  8.3.1 Japan    
  8.3.2 China    
  8.3.3 India    
  8.3.4 Australia    
  8.3.5 New Zealand   
  8.3.6 Rest of Asia Pacific   
 8.4 Rest of the World    
  8.4.1 Middle East   
  8.4.2 Brazil    
  8.4.3 Argentina   
  8.4.4 South Africa   
  8.4.5 Egypt    
       
9 Key Developments     
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers   
 9.3 New Product Launch   
 9.4 Expansions    
 9.5 Other Key Strategies   
       
10 Company Profiles     
 10.1 Akar Tools Limited    
 10.2 Apex Tools Group    
 10.3 Channellock, Inc.    
 10.4 Craftsman-Sears Brands   
 10.5 Irwin Industrial Tools   
 10.6 JK Files (India) Limited   
 10.7 Kennametal Inc.    
 10.8 Klein Tools    
 10.9 Newell Brands Incorporated   
 10.10 Northern Tool + Equipment   
 10.11 Power Products Llc    
 10.12 Snap-On     
 10.13 Stanley Black&Decker   
 10.14 Techtronic Industries Company Limited  
 10.15 Textron Incorporated   
 10.16 Wera Tools    


List of Tables      
1 Global Hand Tools Market Analysis, By Region (2015-2023) ($MN)
2 Global Hand Tools Market Analysis, By Product (2015-2023) ($MN)
3 Global Hand Tools Market Analysis, By Metal Cutting Tools (2015-2023) ($MN)
4 Global Hand Tools Market Analysis, By Taps and Dies (2015-2023) ($MN)
5 Global Hand Tools Market Analysis, By Layout and Measuring Tools (2015-2023) ($MN)
6 Global Hand Tools Market Analysis, By General Purpose Tools (2015-2023) ($MN)
7 Global Hand Tools Market Analysis, By Sales Channel (2015-2023) ($MN)
8 Global Hand Tools Market Analysis, By Distributor Sales (2015-2023) ($MN)
9 Global Hand Tools Market Analysis, By Online Sales (2015-2023) ($MN)
10 Global Hand Tools Market Analysis, By Retail Sales (2015-2023) ($MN)
11 Global Hand Tools Market Analysis, By Application (2015-2023) ($MN)
12 Global Hand Tools Market Analysis, By Household and DIY (2015-2023) ($MN)
13 Global Hand Tools Market Analysis, By Industrial (2015-2023) ($MN)
14 North America Hand Tools Market Analysis, By Country (2015-2023) ($MN)
15 North America Hand Tools Market Analysis, By Product (2015-2023) ($MN)
16 North America Hand Tools Market Analysis, By Metal Cutting Tools (2015-2023) ($MN)
17 North America Hand Tools Market Analysis, By Taps and Dies (2015-2023) ($MN)
18 North America Hand Tools Market Analysis, By Layout and Measuring Tools (2015-2023) ($MN)
19 North America Hand Tools Market Analysis, By General Purpose Tools (2015-2023) ($MN)
20 North America Hand Tools Market Analysis, By Sales Channel (2015-2023) ($MN)
21 North America Hand Tools Market Analysis, By Distributor Sales (2015-2023) ($MN)
22 North America Hand Tools Market Analysis, By Online Sales (2015-2023) ($MN)
23 North America Hand Tools Market Analysis, By Retail Sales (2015-2023) ($MN)
24 North America Hand Tools Market Analysis, By Application (2015-2023) ($MN)
25 North America Hand Tools Market Analysis, By Household and DIY (2015-2023) ($MN)
26 North America Hand Tools Market Analysis, By Industrial (2015-2023) ($MN)
27 Europe Hand Tools Market Analysis, By Country (2015-2023) ($MN)
28 Europe Hand Tools Market Analysis, By Product (2015-2023) ($MN)
29 Europe Hand Tools Market Analysis, By Metal Cutting Tools (2015-2023) ($MN)
30 Europe Hand Tools Market Analysis, By Taps and Dies (2015-2023) ($MN)
31 Europe Hand Tools Market Analysis, By Layout and Measuring Tools (2015-2023) ($MN)
32 Europe Hand Tools Market Analysis, By General Purpose Tools (2015-2023) ($MN)
33 Europe Hand Tools Market Analysis, By Sales Channel (2015-2023) ($MN)
34 Europe Hand Tools Market Analysis, By Distributor Sales (2015-2023) ($MN)
35 Europe Hand Tools Market Analysis, By Online Sales (2015-2023) ($MN)
36 Europe Hand Tools Market Analysis, By Retail Sales (2015-2023) ($MN)
37 Europe Hand Tools Market Analysis, By Application (2015-2023) ($MN)
38 Europe Hand Tools Market Analysis, By Household and DIY (2015-2023) ($MN)
39 Europe Hand Tools Market Analysis, By Industrial (2015-2023) ($MN)
40 Asia Pacific Hand Tools Market Analysis, By Country (2015-2023) ($MN)
41 Asia Pacific Hand Tools Market Analysis, By Product (2015-2023) ($MN)
42 Asia Pacific Hand Tools Market Analysis, By Metal Cutting Tools (2015-2023) ($MN)
43 Asia Pacific Hand Tools Market Analysis, By Taps and Dies (2015-2023) ($MN)
44 Asia Pacific Hand Tools Market Analysis, By Layout and Measuring Tools (2015-2023) ($MN)
45 Asia Pacific Hand Tools Market Analysis, By General Purpose Tools (2015-2023) ($MN)
46 Asia Pacific Hand Tools Market Analysis, By Sales Channel (2015-2023) ($MN)
47 Asia Pacific Hand Tools Market Analysis, By Distributor Sales (2015-2023) ($MN)
48 Asia Pacific Hand Tools Market Analysis, By Online Sales (2015-2023) ($MN)
49 Asia Pacific Hand Tools Market Analysis, By Retail Sales (2015-2023) ($MN)
50 Asia Pacific Hand Tools Market Analysis, By Application (2015-2023) ($MN)
51 Asia Pacific Hand Tools Market Analysis, By Household and DIY (2015-2023) ($MN)
52 Asia Pacific Hand Tools Market Analysis, By Industrial (2015-2023) ($MN)
53 RoW Hand Tools Market Analysis, By Country (2015-2023) ($MN)
54 RoW Hand Tools Market Analysis, By Product (2015-2023) ($MN)
55 RoW Hand Tools Market Analysis, By Metal Cutting Tools (2015-2023) ($MN)
56 RoW Hand Tools Market Analysis, By Taps and Dies (2015-2023) ($MN)
57 RoW Hand Tools Market Analysis, By Layout and Measuring Tools (2015-2023) ($MN)
58 RoW Hand Tools Market Analysis, By General Purpose Tools (2015-2023) ($MN)
59 RoW Hand Tools Market Analysis, By Sales Channel (2015-2023) ($MN)
60 RoW Hand Tools Market Analysis, By Distributor Sales (2015-2023) ($MN)
61 RoW Hand Tools Market Analysis, By Online Sales (2015-2023) ($MN)
62 RoW Hand Tools Market Analysis, By Retail Sales (2015-2023) ($MN)
63 RoW Hand Tools Market Analysis, By Application (2015-2023) ($MN)
64 RoW Hand Tools Market Analysis, By Household and DIY (2015-2023) ($MN)
65 RoW Hand Tools Market Analysis, By Industrial (2015-2023) ($MN)

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