Global Hand Tools Market to Grow by $2.11 Billion During 2022-2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Hand Tools Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.

The hand tools market is poised to grow by $2.11 bn during 2022-2026, accelerating at a CAGR of 3.96% during the forecast period. The report on the hand tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by huge demand from developing economies, the growing popularity of DIY activities, and the growing construction market.

The hand tools market analysis includes application, end-user segment, and geographic landscape.

The hand tools market is segmented as below:

By Application

• General-purpose
• Metal cutting
• Others

By End-user

• Industrial
• Household

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• The Middle East and Africa

This study identifies the introduction of ergonomically designed hand tools as one of the prime reasons driving the hand tools market growth during the next few years. Also, an increase in demand for hand tools for residential applications through online platforms and increased M&A activities and strategic alliances will lead to sizable demand in the market.

The report on the hand tools market covers the following areas:

• Hand tools market sizing
• Hand tools market forecast
• Hand tools market industry analysis

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Market Segmentation by End-user

7 Customer Landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

Companies Mentioned

• Akar Auto Industries Ltd.
• Apex Tool Group LLC
• Bitburger Holding GmbH
• Channellock Inc.
• Crossman Tool Co. Ltd.
• Emerson Electric Co.
• Excelta Corp.
• IDEAL Industries Inc
• JCBLGroup
• JPW Industries Inc.
• Kennametal Inc.
• Klein Tools Inc.
• KNIPEX Werk
• Kyoto Tool Co. Ltd
• Raymond Trade Tools
• Snap on Inc
• Stanley Black and Decker Inc.
• Techtronic Industries Co. Ltd.
• Truper SA de CV
• Wiha Werkzeuge GmbH

For more information about this report visit https://www.researchandmarkets.com/r/tm29t4