Press Resease

Household and DIY Hand Tools Market by Product Type (General Purpose Tools, Metal Cutting Tools, Layout and Measuring Tools and Taps and Dies), by Sales channel (Online Sales, Retail Sales and Distributor Sales): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2024

Published Date: 11-Oct-2018 Category: Energy & Mining Report Format : PDF Pages: 110 Report Code: ZMR-3421 Status : Published

Global household and DIY hand tools market expected to generate revenue of around USD 11.28 billion by the end of 2024, growing at a CAGR of around 4.02% between 2018 and 2024. The continuous innovations occurring in the hand tools because of technology have led to the growth in the industrial sector across the world.

Description

The report covers forecast and analysis for the household and DIY Hand Tools market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the household and DIY Hand Tools market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the household and DIY hand tools market on a global level.

In order to give the users of this report a comprehensive view of the household and DIY hand tools market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product type segment and sales channel segment are benchmarked based on their market size, growth rate, and general attractiveness.

Global Household and DIY Hand Tools Market

The report provides company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, technology and regional expansion of major participants involved in the market on the global and regional basis. Moreover, the study covers price trend analysis, the product portfolio of various companies according to the region.

The study provides a decisive view of the household and DIY hand tools market by segmenting the market based on product type, sales channel, and regions. All the segments have been analyzed based on present and the future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the historic and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. This segmentation includes demand for household and DIY hand tools market based on all segments in all the regions and countries.

The report also includes detailed profiles of end players such as Akar Tools, Apex Tool Group, Snap-on, Wera Tools, Klein Tools, Kennametal Inc., Stanley Black & Decker, Techtronic Industries, Channellock, and others. 
   
This report segments the global household and DIY hand tools market as follows:

Global Household and DIY Hand Tools Market: Product type Segment Analysis

  • General Purpose Tools
  • Metal Cutting Tools
  • Layout and Measuring Tools
  • Taps and Dies  

Global Household and DIY Hand Tools Market: Sales channel Segment Analysis

  • Household Appliances
  • Entertainment and Consumer Electronics
  • IT & Telecommunications
  • Others  

Global Household and DIY Hand Tools Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global household and DIY hand tools market, 2015 - 2024 (USD Million)
    • 2.2. Global household and DIY hand tools market: snapshot
  •  
  • Chapter 3. Household and DIY Hand Tools Market- Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Global Household and DIY Hand Tools market drivers: impact analysis
      • 3.2.2. Increasing number of new construction and renovation activities
      • 3.2.3. Rapid advancement in the technology
    • 3.3. Market Restraints
      • 3.3.1. Global Household and DIY Hand Tools market restraints: impact analysis
      • 3.3.2. Fluctuating raw material prices
    • 3.4. Opportunities
      • 3.4.1. Regulatory policies and initiatives for e-waste treatment
    • 3.5. Porter's five forces analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis, by product type segment
      • 3.6.2. Market attractiveness analysis, by sales channel segment
      • 3.6.3. Market attractiveness analysis, by regional segment
  •  
  • Chapter 4. Global Household and DIY Hand Tools Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Household and DIY Hand Tools market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New product launch
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and regional expansion
  •  
  • Chapter 5. Global Household and DIY Hand Tools Market- Product type Segment Analysis
    • 5.1. Global Household and DIY Hand Tools market: product type overview
      • 5.1.1. Global Household and DIY Hand Tools market revenue share, by product type, 2017 and 2024
    • 5.2. General Purpose Tools
      • 5.2.1. Global Household and DIY Hand Tools market for general purpose tools market, 2015 - 2024 (USD Million)
    • 5.3. Metal Cutting Tools
      • 5.3.1. Global Household and DIY Hand Tools market for metal cutting tools market, 2015 - 2024 (USD Million)
    • 5.4. Layout and Measuring Tools
      • 5.4.1. Global Household and DIY Hand Tools market for layout and measuring tools market, 2015 - 2024 (USD Million)
    • 5.5. Taps and Dies
      • 5.5.1. Global Household and DIY Hand Tools market for taps and dies market, 2015 - 2024 (USD Million)
  •  
  • Chapter 6. Global Household and DIY Hand Tools Market- Sales channel Segment Analysis
    • 6.1. Global Household and DIY Hand Tools market: sales channel overview
      • 6.1.1. Global Household and DIY Hand Tools market revenue share, by sales channel, 2017 and 2024
    • 6.2. Online Sales
      • 6.2.1. Global Household and DIY Hand Tools market for online sales market, 2015 - 2024 (USD Million)
    • 6.3. Retail Sales
      • 6.3.1. Global Household and DIY Hand Tools market for retail sales market, 2015 - 2024 (USD Million)
    • 6.4. Distribution Sales
      • 6.4.1. Global Household and DIY Hand Tools market for distribution sales market, 2015 - 2024 (USD Million)
  •  
  • Chapter 7. Global Household and DIY Hand Tools Market- Regional Segment Analysis
    • 7.1. Global Household and DIY Hand Tools market: regional overview
      • 7.1.1. Global Household and DIY Hand Tools market revenue share, by region, 2017 and 2024
    • 7.2. North America
      • 7.2.1. North America Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
      • 7.2.2. North America Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.2.3. U.S.
        • 7.2.3.1. U.S. Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.2.3.2. U.S. Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.2.4. Canada
        • 7.2.4.1. Canada Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.2.4.2. Canada Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.2.5. Mexico
        • 7.2.5.1. Mexico Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.2.5.2. Mexico Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
      • 7.3.2. Europe Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.3. UK
        • 7.3.3.1. UK Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.3.2. UK Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.4.2. Germany Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.5.2. France Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.6. Spain
        • 7.3.6.1. Spain Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.6.2. Spain Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.7. Russia
        • 7.3.7.1. Russia Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.7.2. Russia Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.3.8. Italy
        • 7.3.8.1. Italy Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.3.8.2. Italy Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
      • 7.4.2. Asia Pacific Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.3.2. China Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.4.2. Japan Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.5.2. India Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
        • 7.4.5.3. India Household and DIY Hand Tools market revenue, by application, 2015 - 2024 (USD Million)
      • 7.4.6. Southeast Asia
        • 7.4.6.1. Southeast Asia Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.6.2. Southeast Asia Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.4.7. Australia
        • 7.4.7.1. Australia Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.7.2. Australia Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.4.8.2. South Korea Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
      • 7.5.2. Latin America Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.5.3.2. Brazil Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
    • 7.6. Middle East and Africa
      • 7.6.1. Middle East and Africa Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
      • 7.6.2. Middle East and Africa Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.6.3. GCC Countries
        • 7.6.3.1. GCC Countries Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.6.3.2. GCC Countries Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
      • 7.6.4. South Africa
        • 7.6.4.1. South Africa Household and DIY Hand Tools market revenue, by product type, 2015 - 2024 (USD Million)
        • 7.6.4.2. South Africa Household and DIY Hand Tools market revenue, by sales channel, 2015 - 2024 (USD Million)
  •  
  • Chapter 8. Company Profile
    • 8.1. Akar Tools
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent developments
    • 8.2. Apex Tool Group
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent developments
    • 8.3. Snap-on
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent developments
    • 8.4. Wera Tools
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent developments
    • 8.5. Klein Tools
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent developments
    • 8.6. Kennametal Inc.
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent developments
    • 8.7. Stanley Black & Decker
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent developments
    • 8.8. Techtronic Industries
      • 8.8.1. Overview
      • 8.8.2. Financials
      • 8.8.3. Product portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent developments
    • 8.9. Channellock
      • 8.9.1. Overview
      • 8.9.2. Financials
      • 8.9.3. Product portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent developments

Methodology

Free Analysis

The hand tools offer convenience and flexibility to DIY for activities like drilling, screw driving, routing, chiseling, sanding, polishing, buffing, and leveling. For general purposes, the most commonly used power tools among DIY’ers include drilling machine, nail guns, wall chasers, circular saws jack-hammers, and others. The hand tools are simple and handy in nature. Basically, it involves in manual labor. In a regular day to day basis, the hand tools and the household tools play a crucial role in solving day to day machine activities. 

Household and DIY hand tools market is experiencing the highest growth rate for its usage in different applications in developed as well as developing countries. Such factors are contributing to the household and DIY hand tools market growth over the forecast period. The growing fondness of consumers towards the DIY approach which helps them to execute simple household repairs is driving the growth of the market. Also, the tools are cost effective in nature and come at a diverse range. The diverse range of the product helps in fulfilling the demand of the customers as they are used for several purposes like general house fixtures and others. Moreover, this growing usage of power tools can be a key restraint for the acceptance of the market. In recent years, there has been an increasing number of manufacturing plants and industries in developing countries. In those manufacturing plants, hand tools are extensively used for maintenance and other purposes. In addition, the rising demand for hand tool kits amongst the industrial professionals is fueling the growth of the market. Rapid industrialization across the globe is expected to create a positive impact on market growth and development. Furthermore, the increasing demand for hand tools in the automobile sector for maintenance is further anticipated to drive the growth of the market. Such factors are expected to boost the global household and DIY hand tools market. 

Global Household and DIY Hand Tools Market

Based on product type, the household and DIY hand tools market is segmented into metal cutting tools, general purpose tools, taps and dies, and layout and measuring tools. On the basis of the sales channel, the market is segmented into retail sales, online sales, and distributor sales. 

Asia Pacific region is predicted to grow at the highest CAGR in the global household and DIY hand tools market in 2017. The region is likely to continue with its dominance over the forecast timeframe. The regional market growth is expected due to growing demand for hand tools in the industrial sector across the region. Moreover, the region is a manufacturing hub. The increase in industrial and automation activities is anticipated to further propel industry growth in the region over the forecast timeframe. North America is expected to have substantial revenue share for household and DIY hand tools market. The regional growth is forecasted by the ongoing government initiatives across the region. Government initiatives such as usability tests and live demonstrations conducted in every retail outlet for their proper usage is going to have a positive impact on the regional market.  These factors are predicted to boost the household and DIY hand tools market growth across the globe over the forecast time period.  

Some of the industry players involved in the household and DIY hand tools market include Wera Tools, Apex Tool Group, Akar Tools, Snap-on, Channellock, Klein Tools, Kennametal Inc., Stanley Black & Decker, Techtronic Industries, and others.

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