Hand Tools Market

A hand tool is any tool that is not a power tool ? that is, one powered by hand (manual labour) rather than by an engine. Some examples of hand tools are garden forks, secateurs, rakes, hammers, spanners, pliers, screwdrivers and chisels. Hand tools are generally less dangerous than power tools.

Hand Tools Market aims to provide a comprehensive presentation of the global market for Hand Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hand Tools. Hand Tools Market contains market size and forecasts of Hand Tools in global, including the following market information:

• Global Hand Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global Hand Tools Market Sales, 2018-2023, 2024-2029, (K Units)

The global Hand Tools market was valued at US$ 16510 million in 2022 and is projected to reach US$ 18370 million by 2029, at a CAGR of 1.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global Hand Tools market include Stanley, Great Wall Precision, TTi, etc. The top 3 players hold about 30% of global shares. North America and China are main markets, they occupy over 70% of the global market. General Purpose Tools is the main type, with a share over 55%. Industrial is the key application, which hold over 80% shares.

We surveyed the Hand Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Hand Tools Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Hand Tools Market Segment Percentages, by Type, 2022 (%)

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

• Industrial
• Household

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• Competitor Analysis
• The report also provides analysis of leading market participants including:
• Key companies Hand Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
• Key companies Hand Tools revenues share in global market, 2022 (%)
• Key companies Hand Tools sales in global market, 2018-2023 (Estimated), (K Units)
• Key companies Hand Tools sales share in global market, 2022 (%)
• Further, the report presents profiles of competitors in the market, key players include:
• Stanley
• Apex Tool Group
• Great Wall Precision
• TTi
• Snap-on Inc.
• Ideal Industries
• Textron
• Klein Tools
• Wurth Group
• Tajima
• Knipex
• Irwin
• PHOENIX
• Wiha
• Channellock
• Pro'skit
• Ajay
• Akar Tools
• JPW Industries
• JK Files
• DUCK
• JETECH
• Excelta
• Sinotools
• Outline of Major Chapters:
• Chapter 1: Introduces the definition of Hand Tools, market overview.
• Chapter 2: Global Hand Tools market size in revenue and volume.
• Chapter 3: Detailed analysis of Hand Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Hand Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: Global Hand Tools capacity by region & country.
• Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
• Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
• Chapter 11: The main points and conclusions of the report.