Flooring Tool Market Report, by Channel (Mass Retail, E-commerce, Hardware, Industrial, and Paint Retail), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022

Flooring Tool Market Report, by Channel (Mass Retail, E-commerce, Hardware, Industrial, and Paint Retail), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Flooring tool are equipment that are used for flooring installation. Some of the flooring tool include utility knife, chalk line, paint rollers & pan, flooring roller, metal straight edge, cutting board, measuring tapes, masking or painters tape, floor buffing machines, edger sanders, and others.
Major players operating in the market are focusing on adopting various growth strategies such as new product launch and expanding global presence, in order to maintain their position in the global market. For instance, in January 2019, Hyde Tools, Inc. launched its new tool, Hyde Molding Puller for removal of carpet, tile, and other flooring materials. The new product helped the company to expand its product portfolio in the flooring tool market.
Market Dynamics
Flooring tool market is majorly driven by the growth of end-use industries such as construction coupled with increasing usage of flooring tool in these industries. Based on channel, in 2021, mass retail segment contributed for largest market share in terms of value, and is expected to witness significant growth over the forecast period, followed by hardware segment.
Among regions, in 2021, Asia Pacific held dominant position in the global flooring tool market accounting for a market share of 35.8%, in terms of revenue, attributing to growing infrastructure development activities and construction industry in the region. In addition to this, Asia Pacific is expected to record fastest growth over the forecast period in the global flooring tool market.
Key features of the study:
This report provides in-depth analysis of global flooring tool market and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
It profiles key players in the global blade market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include, Q.E.P. Co., Inc., Roberts Consolidated Industries, Inc., Crain Cutter Co., Inc., Hyde Tools, Inc., Better Tools LLC, and iQ Power Tools
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up gradation, market expansion, and marketing tactics
The global flooring tool market report caters to various stakeholders in this industry including investors, suppliers, producers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flooring tool market
Detailed Segmentation:
Global Flooring Tool Market, By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Global Flooring Tool Market, By Region:
North America
U.S.
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Canada
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Latin America
Brazil
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Argentina
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Mexico
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Rest of Latin America
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Europe
U.K.
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Germany
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
France
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Italy
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Spain
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Russia
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Rest of Europe
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Asia Pacific
China
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
India
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Japan
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
ASEAN
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
South Korea
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Australia
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Rest of Asia Pacific
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Middle East & Africa
Middle East
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Africa
By Channel:
Mass Retail
E-commerce
Hardware
Industrial
Paint Retail
Company Profiles
Q.E.P. Co., Inc.*
Company Overview
Product Portfolio
Financial
Key Strategies
Recent Developments
Future Plans
Roberts Consolidated Industries, Inc.
Crain Cutter Co., Inc.
Hyde Tools, Inc.
Better Tools LLC
iQ Power Tools
“*” marked represents similar segmentation in other categories in the respective section.