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Hand Tools

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.


  • EXECUTIVE SUMMARY
    • Table Figure 1-1 | US Hand Tools Market
  • OVERVIEW
    • Key Findings
      • Table Figure 2-1 | Key Trends in the US Hand Tools Market
    • Consumer Trends
      • Overview
      • Women Are An Increasingly Important Market
        • Table Figure 2-2 | DIY Workshops for Women – Marketing Example
      • The Importance of Baby Boomers Cannot Be Forgotten
      • DIY Ethic & Online Resources
        • Table Consumer Views on Home Improvement & Hand Tools
        • Table Figure 2-3 | Sample Pinterest DIY Home Décor Project Inspiration Webpage
      • Purchasing Trends
        • Table Consumer Views on Power Tool Quality & Consumer Spending Habits
        • Table Consumer Purchasing Behavior: "Did you buy any general purpose hand tools in the last 12 months?" by Rural/Suburban/Urban Residency, Gender, Age Group, Marital Status, & Presence of Children
        • Table Consumer Purchases by Product: "Which type(s) of general purpose hand tool(s) did you buy in the last 12 months?"
        • Table Consumer Purchases by Type of Store: "Where did you purchase the hand tools or accessories?"
    • Pricing Trends
      • Table Price Deflator for Hand Tools, 2007 – 2022
    • Global Hand Tool Demand Outlook
      • Table Global Hand Tool Demand, 2007 – 2022
      • Table Figure 2-4 | Global Hand Tool Demand Share by Country/Region, 2017
    • US Supply & Demand Overview
      • Table Hand Tool Supply & Demand, 2007 – 2022
      • Table Figure 2-5 | Hand Tool Demand, 2007 – 2022
    • Demand Opportunities
      • Table Figure 2-6 | Sales Opportunities – Product Example
    • Supply Opportunities
    • Trade
      • Overview
      • Imports
        • Table Figure 2-7 | Hand Tool Imports Share by Source, 2017
      • Exports
        • Table Figure 2-8 | Hand Tool Exports Share by Destination, 2017
      • Tariffs
  • PRODUCTS
    • Key Findings
      • Table Figure 3-1 | Key Trends in US Hand Tool Products
    • Overview
      • Table Hand Tool Supply & Demand by Product, 2007 – 2022
      • Table Figure 3-2 | Hand Tool Demand, 2017 – 2022
    • Hand Service Tools
      • Hand Service Tools: Scope
      • Hand Service Tools: Supply & Demand
        • Table Hand Service Tool Supply & Demand, 2007 – 2022
        • Table Figure 3-3 | Hand Service Tool Demand, 2017 – 2022
      • Hand Service Tools: Imports
        • Table Figure 3-4 | Hand Service Tool Imports Share by Source, 2017
      • Hand Service Tools: Exports
        • Table Figure 3-5 | Hand Service Tool Exports Share by Source, 2017
      • Hand Service Tools: Suppliers
        • Table Selected Hand Service Tool Brands
      • Specialized Automotive Tools
        • Table Figure 3-6 | Specialized Automotive Tools – Product Examples
        • Table Specialized Automotive Tool Supply & Demand, 2007 – 2022
        • Table Figure 3-7 | Specialized Automotive Tool Imports Share by Source, 2017
      • Wrenches
        • Table Wrench Characteristics & Primary Uses by Type
        • Table Figure 3-8 | Wrenches – Product Examples
        • Table Wrench Supply & Demand, 2007 – 2022
        • Table Figure 3-9 | Wrench Demand, 2017 – 2022
        • Table Figure 3-10 | Wrench Imports Share by Source, 2017
      • Pliers
        • Table Figure 3-11 | Pliers – Product Examples
        • Table Pliers Supply & Demand, 2007 – 2022
      • Screwdrivers
        • Table Figure 3-12 | Screwdrivers & Screwdriver Blades – Product Examples
        • Table Screwdriver Supply & Demand, 2007 – 2022
      • Hammers
        • Table Figure 3-13 | Hammers – Product Examples
        • Table Hammer Supply & Demand, 2007 – 2022
      • Other Hand Service Tools
        • Table Figure 3-14 | Other Hand Service Tools – Product Examples
        • Table Other Hand Service Tool Supply & Demand, 2007 – 2022
    • Edge Tools
      • Edge Tools: Scope
      • Edge Tools: Supply & Demand
        • Table Edge Tool Supply & Demand, 2007 – 2022
        • Table Selected Edge Tool & Hand Saw Brands
      • Paint & Masonry Tools
        • Table Figure 3-15 | Paint & Masonry Tools – Product Examples
        • Table Paint & Masonry Tool Supply & Demand, 2007 – 2022
      • Chisels
        • Table Figure 3-16 | Mortise Chisels – Product Example
        • Table Chisel Supply & Demand, 2007 – 2022
      • Axes, Adzes, & Hatchets
        • Table Figure 3-17 | Ax – Product Example
        • Table Ax, Adze, & Hatchet Supply & Demand, 2007 – 2022
    • Hand Saws
      • Hand Saws: Product Description
        • Table Hand Saw Characteristics & Primary Uses by Type
        • Table Figure 3-18 | Hand Saws – Product Examples
      • Hand Saws: Supply & Demand
        • Table Hand Saw Supply & Demand, 2007 – 2022
        • Table Selected Hand Saw Brands
      • Hand Saws: Suppliers
    • Other Hand Tools
      • Other Hand Tools: Scope
        • Table Figure 3-19 | Other Hand Tools – Product Examples
      • Other Hand Tools: Supply & Demand
        • Table Other Hand Tool Supply & Demand, 2007 – 2022
      • Other Hand Tools: Trade
      • Other Hand Tools: Suppliers
    • Parts & Attachments
      • Parts & Attachments: Scope
      • Parts & Attachments: Supply & Demand
        • Table Parts & Attachments Supply & Demand, 2007 – 2022
      • Parts & Attachments: Trade
  • MARKETS
    • Key Findings
      • Table Figure 4-1 | Key Trends in US Hand Tool Markets
    • Market Outlook
      • Scope
        • Table General Reasons for Hand Tool Purchases Among Professional & Consumer Users
      • Demand Forecast
        • Table Hand Tool Demand by Market, 2007 – 2022
        • Table Figure 4-2 | Hand Tool Demand by Market, 2007 – 2017
    • Professional Demand
      • Overview
        • Table Professional Hand Tool Demand by Sector, 2007 – 2022
      • Construction
        • Table Figure 4-3 | Example of Construction Application for Hand Tools
      • Automotive Aftermarket
        • Table Figure 4-4 | Example of Automotive Application for Hand Tools
      • Industrial & Other Professional Services
        • Table Figure 4-5 | Example of Electrician Application of Hand Tools
    • Consumer Demand
      • Scope
      • Demand Forecast
      • Marketing
        • Table Figure 4-6 | DIY Television Show Product Usage Example
  • DISTRIBUTION CHANNELS
    • Key Findings
      • Table Figure 5-1 | Key Trends in US Hand Tool Distribution Channels
    • Sales by Distribution Channel
      • Table Hand Tool Demand by Distribution Channel, 2007 – 2022
      • Table Figure 5-2 | Hand Tool Demand Share by Distribution Channel, 2017 & 2022
    • Direct Sales & Distributors
      • Scope
      • Sales Forecast & Analysis
    • Home Centers
    • Hardware Stores
    • Mass Marketers
      • Table Figure 5-3 | Hand Tool Sales – Father's Day Marketing Example
    • E-Commerce
      • Table Figure 5-4 | Home Depot Online Ordering Options
  • INDUSTRY STRUCTURE
    • Key Findings & Industry Composition
      • Table US Hand Tool Sales by Company, 2017
    • Market Share
      • Table Figure 6-1 | US Hand Tools Market Share, 2017
      • Table Figure 6-2 | US Hand Tools Market: Leading Supplier
      • Table Figure 6-3 | US Hand Tools Market: Second Leading Supplier
      • Table Figure 6-4 | US Hand Tools Market: Third Leading Supplier
      • Table Figure 6-5 | US Hand Tools Market: Fourth Leading Supplier
      • Table Figure 6-6 | US Hand Tools Market: Fifth Leading Supplier
    • Competitive Strategies
      • Overview
      • Location of Manufacturing Plants: Proximity & Cost Issues
      • Marketing Strategies: Powerful Brand Names & Comparisons
        • Table Figure 6-7 | Social Media – Competitive Marketing Strategy Example
    • Cooperative Agreements
      • Table Selected Cooperative Agreements
    • Mergers & Acquisitions
      • Table Selected Acquisitions & Divestitures
    • Private Label Products
      • Table Private Label Hand Tool Brand & Product Types
    • List of Industry Participants
  • APPENDIX
    • Scope
      • Table Relevant Industry Codes
    • Definitions
    • Abbreviations
      • Table Abbreviations & Acronyms Used in Study
    • Freedonia Methodology
    • Study-Specific Methodology
    • Sources
    • Associations & Agencies
    • Related Freedonia Group Studies
    • Macroeconomic Assumptions
      • Economic Environment
        • Table Macroeconomic Indicators, 2007 – 2022
        • Table Figure 7-1 | Annual Growth in Real GDP, 2000 – 2017, Compared to 1980 – 2005 Average
      • Demographic Trends
        • Table Population & Households, 2007 – 2022
        • Table Figure 7-2 | Annual Population Growth, 2002 – 2017
      • Construction Expenditures
        • Table Construction Expenditures, 2007 – 2022
      • Residential Improvements & Repairs
        • Table Residential Improvement & Repair Expenditures, 2007 – 2022
      • Commercial Building Improvements & Repairs
        • Table Commercial Building Improvement & Repair Expenditures, 2007 – 2022
      • Housing Completions
        • Table New Housing Indicators, 2007 – 2022
      • Motor Vehicle Industry Overview
        • Table Motor Vehicle Indicators, 2007 – 2022
      • Professional Employment Overview
        • Table Professional Employment Indicators, 2007 – 2022
      • Manufacturers' Shipments
        • Table Manufacturers' Shipments, 2007 – 2022
      • Consumer Spending
        • Table Personal Consumption Expenditures, 2007 – 2022

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