Hand Tools
US demand for hand tools is projected to increase 1.4% per year to $5.7 billion in 2022. These products will benefit from continuing strength in construction and manufacturing markets, as well as sanguine economic conditions leading to formation of new households and home purchases, which spur consumers to buy hand tools.
This report covers hand tools by Product, Market, and Distribution Channel, along with a discussion of general hand tool industry trends and consumer trends. Data are given in dollar value.
Hand tools covered in the study include:
specialized automotive tools; wrenches; pliers; screwdrivers; hammers; paint and masonry tools; chisels; axes, adzes, and hatchets; hand saws; other hand tools; and parts and attachments
Markets for hand tools include:
Professional (construction, automotive aftermarket, and industrial and other professional)
Consumer
Distribution channels covered in the study include:
Direct sales and distributors
Home centers
Hardware stores
Mass marketers
E-commerce
Scope of the Report
This report covers the scope, size, and growth of the US hand tools market including key trends in applications and market segmentation. Historical data are provided for 2007, 2012, and 2017 with forecasts for 2022, with year-by-year historical market volatility also addressed. Data are provided in dollar value. Also included are survey data on consumer preferences and behavior and analysis of the industry’s key players and their market shares.
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