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Tool Storage Products

Tool Storage Products

US demand for tool storage products is projected to increase 1.4 percent per year to $2.8 billion square in 2022 In this mature market, sales are supported introductions of value-added innovations and product developments to address key end-users, as well as by general macroeconomic factors and market-specific trends.

This report covers tool storage product demand by class, product type, and distribution channel, along with consumer attitudes and purchasing patterns, product innovations, and marketing trends. Data are given in dollar value terms.

Tool storage product classes covered in the study include:
Professional-grade
Consumer-grade

Products for tool storage include:
Chests & cabinets
Boxes, cases, bags, & belts
Carts
Accessories
Demand is broken out by distribution channel.
Direct sales & distributors
Home centers
Hardware stores
E-commerce
Mass marketers

Consumer insights on tool storage covered in the report include:
Consumer Attitudes
Consumer Purchasing Patterns
Product Innovations
Marketing Trends

Scope of the Report
This report covers the scope, size, and growth of the US Tool Storage Products industry including consumer insights and key trends in product development and marketing. It presents historical data (2007, 2012, and 2017) and forecasts (2022) in value terms by product class, product type, and distribution channel. Also included is an analysis of the key players and their market shares, as well as tariff issues and trends in international trade.


  • EXECUTIVE SUMMARY
    • Table Figure 1-1 | US Tool Storage Market
  • OVERVIEW
    • Key Findings
      • Table Figure 2-1 | Key Trends in the US Tool Storage Market
    • Power & Hand Tool Demand Trends
      • Power & Hand Tool Demand Trends: Overview
      • Power & Hand Tool Demand Trends: Annual Sales
        • Table Power & Hand Tool Demand, 2007 - 2022
      • Power & Hand Tool Demand Trends: Consumer Purchasing Trends
        • Table Consumer Purchasing Behavior: "Did you buy power tools
        • Table Consumer Purchasing Behavior: "Did you buy any general purpose hand tools in the last 12 months?"
        • Table Consumer Purchases by Product: "Please indicate which power tool(s) or power tool accessories you
        • Table Consumer Purchases by Product: "Which type(s) of general purpose hand tool(s) did you buy in the
    • Domestic & Foreign Production of Metal Products
    • Tariffs & Antidumping Duties on Imports
      • Aluminum & Steel Tariffs
      • Antidumping Duties on Tool Storage Products from China & Vietnam
  • PRODUCTS
    • Key Findings
      • Table Figure 3-1 | Key Trends in US Tool Storage Products
    • Tool Storage Classes
      • Professional- Versus Consumer-Grade
      • Demand Forecast by Class
        • Table Tool Storage Demand by Class, 2007 - 2022
      • Tool Storage Classes: Professional-Grade
      • Tool Storage Classes: Consumer-Grade
    • Tool Storage Products
      • Demand by Product
        • Table Tool Storage Demand by Product, 2007 - 2022
      • Tool Storage Products: Chests & Cabinets
        • Table Characteristics of Tool Storage Chests & Cabinets
        • Table Figure 3-2 | Examples of Tool Storage Chests & Cabinets
        • Table Key Tool Chest & Cabinet Brands by Supplier
      • Tool Storage Products: Boxes, Cases, Bags, &Belts
        • Table Characteristics of Tool Storage Boxes, Cases, Bags, &Belts
        • Table Figure 3-3 | Examples of Tool Boxes, Cases, Bags, &Belts
        • Table Key Tool Box & Case Brands by Supplier
        • Table Key Tool Bag & Belt Brands by Supplier
      • Tool Storage Products: Carts
        • Table Figure 3-4 | Product Example: Home Depot's Husky Tool Cart
        • Table Key Tool Cart Brands by Supplier
      • Tool Storage Products: Accessories
        • Table Figure 3-5 | Product Example: Hanson Global's ToolHANGER Organization Board
        • Table Figure 3-6 | Product Example: Industrial Magnetics' MAG-MATE Magnetic Tool Holders
        • Table Figure 3-7 | Product Example: diamondLife's ToolCart MX Mobile Pegboard
        • Table Key Tool Storage Accessory Brands by Supplier
  • CONSUMER TRENDS
    • Key Findings
      • Table Figure 4-1 | Tool Storage Consumer Trends
    • Tool Storage Markets
    • Consumer Insights
      • Overview
      • Women Represent an Increasingly Important Market
        • Table Figure 4-2 | Marketing Example: DIY Workshops for Women
      • The Importance of Baby Boomers Cannot Be Forgotten
      • Millennials Moving into Their First Homes
      • DIY Ethic
        • Table Consumer Views on Home Improvement & Hand Tools
    • Consumer Views on Tools & Tool Storage
      • Overview
      • Tool Ownership
        • Table Figure 4-3 | Tool Ownership by Gender & Age Group, 2018
      • Area of Home Used for Tool Storage
        • Table Figure 4-4 | Primary Area of Home Used for Tool Storage by Gender, 2018
      • Primary Tool Storage Unit by Gender
        • Table Figure 4-5 | Primary Tool Storage Unit by Gender, 2018
      • Primary Tool Storage Unit by Age Group
        • Table Primary Tool Storage Unit by Age Group, 2018
      • Consumer Views on Tools & DIY Engagement
        • Table Figure 4-6 | Consumer Views on Tools & DIY Engagement, 2018
      • Consumer Views on Tools & DIY Engagement by Age Group
        • Table Consumer Views on Tools & DIY Engagement by Age Group, 2018
      • Area of Home Used for Tool Storage by Consumer Views on Tools & DIY Engagement
        • Table Figure 4-7 | Area of Home Used for Tool Storage by Consumer Views on Tools & DIY Engagement, 2018
      • Primary Tool Storage Unit by Consumer Views on Tools & DIY Engagement
        • Table Figure 4-8 | Primary Tool Storage Unit by Consumer Views on Tools & DIY Engagement, 2018
  • PRODUCT & MARKETING TRENDS
    • Key Findings
      • Table Figure 5-1 | Key Product & Marketing Trends in Tool Storage
    • Product Trends
      • Overview
      • Product Trends: Durability
        • Table Figure 5-2 | SPG International's Built Tough Banner
        • Table Figure 5-3 | Product Example: Swivel Storage Solutions' Swivel Tool Chest
      • Product Trends: Security
        • Table Figure 5-4 | Product Example: Lowe's Kobalt Tool Chests with Kwikset's SmartKey Security
        • Table Figure 5-5 | Product Example: Stanley Black & Decker's CRAFTSMAN Pro Series with Smart Lock Technology
      • Product Trends: Customization
        • Table Figure 5-6 | Product Example: JLM Accessories' Mantis Tool Grid
        • Table Figure 5-7 | Product Example: Bosch's L-BOXX Modular Tool Storage System
        • Table Figure 5-8 | Product Example: Milwaukee Electric Tool's Milwaukee PACKOUT Modular Tool Storage System
      • Product Trends: Power Capabilities
        • Table Figure 5-9 | Product Example: Lowe's Kobalt Tool Cabinet with Charging Station
        • Table Figure 5-10 | Product Example: Stanley Black & Decker's CRAFTSMAN Chest/Cabinet Combo Unit with Power
      • Product Trends: Cool Factor
        • Table Figure 5-11 | Product Example: Team Promark Tool Box with Team Logo
        • Table Figure 5-12 | Product Example: Snap-on's Special Edition Tool Cabinets
        • Table Figure 5-13 | Product Example: John Deere & Caterpillar Branded Tool Storage
    • Marketing Trends
      • Overview
      • Marketing Trends: Online Marketing
        • Table Figure 5-14 | Social Media Competitive Marketing Example
        • Table Figure 5-15 | Stanley Black & Decker's DIYZ Mobile App
      • Marketing Trends: Experiential Marketing
        • Table Figure 5-16 | Snap-on's Rock N' Roll Cab Express
      • Marketing Trends: Doing Well by Doing Good
      • Marketing Trends: Event Sponsorship for Brand Awareness
        • Table Figure 5-17 | Mac Tools Motorsports Sponsorships
        • Table Figure 5-18 | Werner's WEATHER GUARD Sponsorship of the Professional Rodeo Cowboys Association
      • Marketing Trends: Licensing to Extend a Brand's Reach
        • Table Figure 5-19 | Selected Licensed Products
      • Marketing Trends: Private Label
        • Table Figure 5-20 | Harbor Freight Tools Price Comparison
        • Table Private Label Tool Storage Brands
  • DISTRIBUTION CHANNELS
    • Key Findings
      • Table Figure 6-1 | Key Trends in US Tool Storage Distribution Channels
    • Distribution Channel Scope & Introduction
      • Table Tool Storage Demand by Distribution Channel, 2007 - 2022
    • Direct Sales & Wholesale Distributors
      • Scope & Introduction
      • Demand Forecast
    • Home Centers
      • Table Figure 6-2 | CRAFTSMAN Tool Chest Launch at Lowe's
    • Hardware Stores
    • E-Commerce
      • Table Figure 6-3 | Home Depot Online Ordering Options
    • Mass Marketers
  • INDUSTRY STRUCTURE
    • Key Findings & Industry Composition
      • Table Tool Storage Sales by Company, 2017
    • Market Share
      • Table Figure 7-1 | Tool Storage Market Share, 2017
      • Table Figure 7-2 | Tool Storage Market: Leading Supplier
      • Table Figure 7-3 | Tool Storage Market: Second Leading Supplier
      • Table Figure 7-4 | Tool Storage Market: Third Leading Supplier
      • Table Figure 7-5 | Tool Storage Market: Fourth Leading Supplier
    • Mergers & Acquisitions
      • Table Selected Acquisitions & Divestitures
    • Cooperative Agreements
      • Table Selected Cooperative Agreements
    • 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 8-1 | Annual Growth in Real GDP, 2000 - 2017, Compared to 1980 - 2005 Average
      • Demographic Trends
        • Table Population & Households, 2007 - 2022
        • Table Figure 8-2 | 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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