Global Craft Tools and Supplies Market Growth (Status and Outlook) 2023-2029

Global Craft Tools and Supplies Market Growth (Status and Outlook) 2023-2029

The global Craft Tools and Supplies market size is projected to grow from US$ 27690 million in 2022 to US$ 54900 million in 2029; it is expected to grow at a CAGR of 10.3% from 2023 to 2029.

The major global manufacturers of hand tools and supplies are Crayola, F.I.L.A., Newell Brands, Stanley Tools, Faber-Castell, Kokuyo Camlin, etc. Global hand tools and supplies production regions are mainly located in North America, Europe, China, Japan, South Korea, India, etc. The top two producing regions occupy more than 50% of the market share. In terms of product categories, glue gun, needle nose pliers, X-Acto knife, self-healing mat account for a relatively high market share, totaling about 60 percent. In terms of their applications, they are more widely used for home use, with 35.41% of the market share, followed by commercial use with 31.98% of the market share.

Craft supplies are tools, ingredients, or materials whose primary purpose is for the creation of an item or special occasion. Craft supplies may be handmade or vintage in nature, or they can be commercial (meaning they are not handmade or vintage).

LPI (LP Information)' newest research report, the “Craft Tools and Supplies Industry Forecast” looks at past sales and reviews total world Craft Tools and Supplies sales in 2022, providing a comprehensive analysis by region and market sector of projected Craft Tools and Supplies sales for 2023 through 2029. With Craft Tools and Supplies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Craft Tools and Supplies industry.

This Insight Report provides a comprehensive analysis of the global Craft Tools and Supplies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Craft Tools and Supplies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Craft Tools and Supplies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Craft Tools and Supplies and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Craft Tools and Supplies.

This report presents a comprehensive overview, market shares, and growth opportunities of Craft Tools and Supplies market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Glue Gun
Needle Nose Pliers
X-Acto Knife
Self-healing Mat
Wood Burning Tools
Metal Snips
Cricut Machine
Others

Segmentation by application
Home Use
Commercial Use
Educational Use
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Crayola
F.I.L.A.
Newell Brands
Stanley Tools
Faber-Castell
Kokuyo Camlin
Fiskars
Pelikan
Mundial S.A.
Acme United Corporation
Cricut, Inc.
Arteza
Walnut Hollow
Deli Group

Please note: The report will take approximately 2 business days to prepare and deliver.