Please Wait.....
Report
Hand Tools Market Report by Type (Wrench, Plier, Screw Drivers, Hammers, Cable Cutter, and Others), Distribution Channel (Offline, Online), End User (DIY, Commercial, Industrial), and Region 2024-2032
Market Report I 2024-04-08 I 135 Pages I IMARC Group
The global hand tools market size reached US$ 25.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 36.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
Hand tools represent a set of indispensable, manually operated power equipment and devices that are not powered by electricity, motor, or other energy sources. Usually manufactured from the heat and forging treatment methods, some commonly used hand tools include hammers, wrenches, cable cutters, knives, scissors, screwdrivers, pliers, saws, clamps and drills. These devices assist in shaping the object into the desired form by relying on mechanical strength and performing various manual operations, including forging, filing, chopping, and sawing. Apart from this, hand tools are cost-effective, compact, and lightweight, due to which they find extensive application in various industries. At present, they are mainly classified into laying, striking, metal cutting, holding, sharpening and grinding tool categories.
Hand Tools Market Trends:
The increasing number of construction activities, along with the rising need for repair and maintenance operations across establishments are primarily driving the hand tools market growth. This is further supported by rapid urbanization, especially in the emerging economies, and the implementation of various policies by governments of several countries promoting infrastructure development, including roads, airports, and energy utilities. In line with this, the rising demand for portable and lightweight equipment for repairing automobiles has further facilitated the widespread adoption of multiple hand tools in the automotive sector. This, in turn, is acting as another growth-inducing factor. Additionally, continuous technological advancements and the introduction of effective and contemporary hand tool kits with rust preventive coatings are contributing to the market growth. Moreover, the emerging trend of do-it-yourself (DIY) practices, particularly during the global outbreak of coronavirus disease (COVID-19) pandemic and the consequent implementation of mandatory lockdowns, has augmented the extensive deployment of hand tools to construct, repair and maintain various objects, which is supporting the market growth. Apart from this, strategic collaborations amongst key players for manufacturing multi-functional hand tools that enable a single tool to perform several operations, along with their easy availability on various distribution channels are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hand tools market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, distribution channel and end user.
Breakup by Type:
Wrench
Plier
Screw Drivers
Hammers
Cable Cutter
Others
Breakup by Distribution Channel:
Offline
Online
Breakup by End User:
DIY
Commercial
Industrial
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Channellock Inc, Emerson Electric Co, Ideal Industries Inc., Ingersoll Rand, Klein Tools Inc, Martin Sprocket & Gear Inc, Snap-on Incorporated, Stanley Black & Decker Inc, Tapariatools, Techtronic Industries Co. Ltd and TOYA S.A.
Key Questions Answered in This Report
1. What was the size of the global hand tools market in 2023?
2. What is the expected growth rate of the global hand tools market during 2024-2032?
3. What has been the impact of COVID-19 on the global hand tools market?
4. What are the key factors driving the global hand tools market?
5. What is the breakup of the global hand tools market based on the type?
6. What is the breakup of the global hand tools market based on the end user?
7. What are the key regions in the global hand tools market?
8. Who are the key players/companies in the global hand tools market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hand Tools Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Wrench
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Plier
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Screw Drivers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Hammers
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Cable Cutter
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Offline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Online
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 DIY
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Industrial
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Channellock Inc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Emerson Electric Co
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Ideal Industries Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Ingersoll Rand
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Klein Tools Inc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Martin Sprocket & Gear Inc
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Snap-on Incorporated
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Stanley Black & Decker Inc
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Tapariatools
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Techtronic Industries Co. Ltd
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 TOYA S.A
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
Figure 1: Global: Hand Tools Market: Major Drivers and Challenges
Figure 2: Global: Hand Tools Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Hand Tools Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Hand Tools Market: Breakup by Type (in %), 2023
Figure 5: Global: Hand Tools Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Hand Tools Market: Breakup by End User (in %), 2023
Figure 7: Global: Hand Tools Market: Breakup by Region (in %), 2023
Figure 8: Global: Hand Tools (Wrench) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Hand Tools (Wrench) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Hand Tools (Plier) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Hand Tools (Plier) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Hand Tools (Screw Drivers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Hand Tools (Screw Drivers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Hand Tools (Hammers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Hand Tools (Hammers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Hand Tools (Cable Cutter) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Hand Tools (Cable Cutter) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Hand Tools (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Hand Tools (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Hand Tools (Offline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Hand Tools (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Hand Tools (Online) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Hand Tools (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Hand Tools (DIY) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Hand Tools (DIY) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Hand Tools (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Hand Tools (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Hand Tools (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Hand Tools (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia-Pacific: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia-Pacific: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Hand Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Hand Tools Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: Hand Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: Hand Tools Industry: SWOT Analysis
Figure 80: Global: Hand Tools Industry: Value Chain Analysis
Figure 81: Global: Hand Tools Industry: Porter's Five Forces Analysis
Table 1: Global: Hand Tools Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Hand Tools Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Hand Tools Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Hand Tools Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: Hand Tools Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Hand Tools Market: Competitive Structure
Table 7: Global: Hand Tools Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security