Hand Tools Market Outlook And Segment Forecasts To 2023
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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. Browse the report: http://www.orbisresearch.com/reports/index/hand-tools-global-marketoutlook-2017-2023 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. Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/352012
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 US Canada Mexico www.orbisresearch.com; +1 (214) 884-6817; +9120-64101019
Europe Germany France Italy UK Spain Rest of Europe Asia Pacific Japan China India Australia New Zealand Rest of Asia Pacific Rest of the World Middle East Brazil Argentina South Africa 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. List Of Tables: 1 Global Hand Tools Market Analysis, By Region 2 Global Hand Tools Market Analysis, By Product 3 Global Hand Tools Market Analysis, By Metal Cutting Tools 4 Global Hand Tools Market Analysis, By Taps and Dies
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5 Global Hand Tools Market Analysis, By Layout and Measuring Tools 6 Global Hand Tools Market Analysis, By General Purpose Tools 7 Global Hand Tools Market Analysis, By Sales Channel 8 Global Hand Tools Market Analysis, By Distributor Sales 9 Global Hand Tools Market Analysis, By Online Sales 10 Global Hand Tools Market Analysis, By Retail Sales 11 Global Hand Tools Market Analysis, By Application 12 Global Hand Tools Market Analysis, By Household and DIY 13 Global Hand Tools Market Analysis, By Industrial 14 North America Hand Tools Market Analysis, By Country 15 North America Hand Tools Market Analysis, By Product About Us:
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