Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 5.27 Billion | USD 7.94 Billion | 4.6% | 2024 |
FrequentlyAsked Questions
The global household and DIY hand tools market is expected to grow due to increasing home renovation and repair activities, rising DIY culture, and growing urbanization leading to increased demand for basic and specialized hand tools.
According to a study, the global household and DIY hand tools market size was worth around USD 5.27 Billion in 2024 and is expected to reach USD 7.94 Billion by 2034.
The global household and DIY hand tools market is expected to grow at a CAGR of 4.6% during the forecast period.
North America is expected to dominate the household and DIY hand tools market over the forecast period.
Leading players in the global household and DIY hand tools market include Snap-On Incorporated., Akar Tools Limited, Stanley Black and Decker, Wera Tools, Techtronic Industries Co. Ltd., Apex Tool Group, JCBL India, Klein Tools Inc., Emerson Electric Co, and Channellock Inc, among others.
The report explores crucial aspects of the household and DIY hand tools market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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