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World - Hand Tools - Market Analysis, Forecast, Size, Trends And Insights

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Hand Tools Market

Name: Hand Tools Market
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Hand tools market, IndexBox, market research, global market, publisher

Hand tools market: read new statistics secured by an Ai-driven business intelligence platform. Info contain exports, trade, market prices, consumption, companies, imports, production, and market size. Here is a breakdown by region, including the U.S., EU, Africa, Russia, Latin America, the Middle East, China, and the U.K. Market dynamics and forecast to 2030 are also featured in the snapshots.

Get FREE access to the latest data and statistics on the Hand Tools Market.

Hand Tools - World's Largest Markets

Rating	Country
1	United States
2	Japan
3	China
4	Russia
5	Germany

In value terms, the largest hand tools markets worldwide were the United States, Japan and China, together comprising 56% of the global market. These countries were followed by Russia, Germany, South Korea, Canada, France, Mexico, the UK, Thailand and Brazil, which together accounted for a further 23%.

Russia recorded the highest growth rate of market size, among the main consuming countries over the period under review, while hand tools market for the other global leaders experienced more modest paces of growth.

Hand Tools Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
India	4743	4685	3600	-12.9%
China	5923	4798	4533	-12.5%
Mexico	6650	6194	5928	-5.6%
Belgium	12579	12088	9499	-13.1%
Taiwan (Chinese)	9422	9630	9563	0.7%
Netherlands	12473	11497	10212	-9.5%
United States	13582	13399	13523	-0.2%
Germany	21663	20529	21153	-1.2%
Average	9125	7972	7427	-9.8%

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($21,153 per ton), while India ($3,600 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Canada	16037	16752	15055	-3.1%
Germany	10473	10649	11772	6.0%
United States	10447	9407	11666	5.7%
France	11456	11391	10779	-3.0%
Netherlands	9673	9410	9479	-1.0%
Poland	8772	8129	8959	1.1%
Spain	8624	7620	8743	0.7%
United Kingdom	9137	9024	8730	-2.3%
Belgium	9899	8970	8668	-6.4%
Mexico	8603	8966	7747	-5.1%
Russia	6290	6184	5820	-3.8%
India	5178	6522	5082	-0.9%
Indonesia	4369	4535	4336	-0.4%
Average	8498	8215	8406	-0.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($15,055 per ton), while Indonesia ($4,336 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Hand Tools - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	3.8	3.7	3.7	-1.4%
Germany	1.6	1.6	1.6	0.3%
Netherlands	0.8	0.8	0.9	7.1%
France	0.9	0.8	0.9	-1.2%
United Kingdom	0.8	0.8	0.7	-3.9%

In value terms, the United States ($3.7B) constitutes the largest market for imported hand tools worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Germany ($1.6B), with a 8.3% share of global imports. It was followed by the Netherlands, with a 4.5% share.

In the United States, hand tools imports contracted by an average annual rate of -1.4% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+0.3% per year) and the Netherlands (+7.1% per year).

Hand Tools - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	6.7	7.3	7.7	6.8%
Taiwan (Chinese)	2.4	2.4	2.3	-1.5%
Germany	2.6	2.4	2.3	-5.1%
United States	1.4	1.4	1.2	-10.0%
Netherlands	0.6	0.6	0.7	11.5%

In value terms, China ($7.7B) remains the largest hand tools supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Taiwan (Chinese) ($2.3B), with a 11% share of global exports. It was followed by Germany, with a 11% share.

In China, hand tools exports increased at an average annual rate of +6.8% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-1.5% per year) and Germany (-5.1% per year).

Hand Tools - Market Forecast

Driven by rising demand for hand tools worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Hand Tools - Top Companies

POSCO, Federal-Mogul Holdings LLC, The Black & Decker Corporation, A T I Funding Corporation, ATI Operating Holdings, LLC, Husqvarna AB, The Gillette Company, Anyang Iron and Steel Co.,Ltd., Snap-On Incorporated, Edgewell Personal Care Brands, LLC, MAKITA CORPORATION, Yangquan coal industry group material distribution co., LTD., Edgewell Personal Care Company, Bc Mountain Holdings, Inc., Apex Tool Group, LLC, Tdy Holdings, LLC, Park-Ohio Holdings Corp., Park-Ohio Industries, Inc., Robert Bosch Tool Corporation, YAMABIKO CORPORATION

Hand Tools - Product Coverage

HS 8201 - Tools, hand; spades, shovels, mattocks, picks, hoes, forks, rakes; axes, bill hooks etc; secateurs and pruners of any kind; scythes, sickles, hay knives, hedge shears, timber wedges and other tools used in agriculture, horticulture, forestry
HS 8202 - Tools, hand; saws and blades for saws of all kinds (including slitting, slotting or toothless blades)
HS 8203 - Tools, hand; files, rasps, pliers (including cutting pliers), pincers, tweezers, metal cutting shears, pipe cutters, bolt croppers, perforating punches and similar
HS 8204 - Tools, hand; hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches), interchangeable spanner sockets, with or without handles
HS 8205 - Tools, hand; (including glaziers' diamonds) n.e.s.; blow lamps; vices, clamps etc, not accessories for or parts of machine tools; anvils; portable forges; hand, pedal operated grinding wheels with frameworks
HS 8206 - Tools, hand; two or more of heading no. 8202 to 8205, put up in sets for retail sale

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global hand tools market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 25731010 - Spades and shovels

• Prodcom 25731020 -

• Prodcom 25731030 - Mattocks, picks, hoes and rakes

• Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)

• Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)

• Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears

• Prodcom 25731070 -

• Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)

• Prodcom 25732020 - Band saw blades

• Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)

• Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)

• Prodcom 25732093 - Straight saw blades for working metal

• Prodcom 25732095 -

• Prodcom 25732099 -

• Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)

• Prodcom 25733015 -

• Prodcom 25733017 -

• Prodcom 25733023 - Metal cutting shears and similar hand tools

• Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches

• Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)

• Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)

• Prodcom 25733037 - Interchangeable spanner sockets

• Prodcom 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor

• Prodcom 25733055 - Hammers and sledge hammers with working part of metal

• Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood

• Prodcom 25733063 - Screwdrivers

• Prodcom 25733065 - Household hand tools

• Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters

• Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools

• Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)

• Prodcom 25733085 - Vices, clamps and the like

• Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)

• Prodcom 25732097 - Saw blades with working part of base metal (excluding band saw blades, circular saw blades, musical saw blades)

• Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

• Global market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Global production, split by region and country

• Global trade (exports and imports)

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Company coverage:

Atlas Copco, Apex Tool Group, Stanley Black & Decker, DeWalt, Snap-On, Klein, Knipex, Wera, Wiha, Channellock, Ronix, Chang Type Industrial Co., Altendorf GmbH, Chervon, Elliott Tool Technologies, Emerson, Fein, Gray Tools, Griffon Corporation, Ideal Industries, Lie-Nielsen Toolworks, Mafell, Makita, Sandvik, Sortimo, United Pacific Industries Ltd, TTI.

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles

This Chapter is Available Only for the Professional Edition PRO
1. United States
2. China
3. Japan
4. Germany
5. United Kingdom
6. France
7. Brazil
8. Italy
9. Russian Federation
10. India
11. Canada
12. Australia
13. Republic of Korea
14. Spain
15. Mexico
16. Indonesia
17. Netherlands
18. Turkey
19. Saudi Arabia
20. Switzerland
21. Sweden
22. Nigeria
23. Poland
24. Belgium
25. Argentina
26. Norway
27. Austria
28. Thailand
29. United Arab Emirates
30. Colombia
31. Denmark
32. South Africa
33. Malaysia
34. Israel
35. Singapore
36. Egypt
37. Philippines
38. Finland
39. Chile
40. Ireland
41. Pakistan
42. Greece
43. Portugal
44. Kazakhstan
45. Algeria
46. Czech Republic
47. Qatar
48. Peru
49. Romania
50. Vietnam
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption, By Country, 2018–2022
5. Production, In Physical Terms, By Country, 2012–2022
6. Imports, In Physical Terms, By Country, 2012–2022
7. Imports, In Value Terms, By Country, 2012–2022
8. Import Prices, By Country Of Destination, 2012–2022
9. Exports, In Physical Terms, By Country, 2012–2022
10. Exports, In Value Terms, By Country, 2012–2022
11. Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Consumption, By Country, 2022
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2022
18. Production, In Value Terms, 2012–2022
19. Production, By Country, 2022
20. Production, In Physical Terms, By Country, 2012–2022
21. Imports, In Physical Terms, 2012–2022
22. Imports, In Value Terms, 2012–2022
23. Imports, In Physical Terms, By Country, 2022
24. Imports, In Physical Terms, By Country, 2012–2022
25. Imports, In Value Terms, By Country, 2012–2022
26. Import Prices, By Country, 2012–2022
27. Exports, In Physical Terms, 2012–2022
28. Exports, In Value Terms, 2012–2022
29. Exports, In Physical Terms, By Country, 2022
30. Exports, In Physical Terms, By Country, 2012–2022
31. Exports, In Value Terms, By Country, 2012–2022
32. Export Prices, 2012–2022