Global Hand Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hand Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.

According to our (Global Info Research) latest study, the global Hand Tools market size was valued at US$ 16800 million in 2023 and is forecast to a readjusted size of USD 18700 million by 2030 with a CAGR of 1.6% during review period.

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.

This report is a detailed and comprehensive analysis for global Hand Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Hand Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Hand Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Hand Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2019-2030

Global Hand Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Hand Tools

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Hand Tools market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Stanley, Apex Tool Group, Great Wall Precision, TTi, Snap-on Inc., Ideal Industries, Textron, Klein Tools, Wurth Group, Tajima, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Hand Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
General Purpose Tools
Metal Cutting Tools
Layout and Measuring Tools
Taps and Dies

Market segment by Application
Industrial
Household

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hand Tools product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hand Tools, with price, sales quantity, revenue, and global market share of Hand Tools from 2019 to 2024.

Chapter 3, the Hand Tools competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hand Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hand Tools market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hand Tools.

Chapter 14 and 15, to describe Hand Tools sales channel, distributors, customers, research findings and conclusion.