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US Hand Tools Market Report

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    Report

  • 232 Pages
  • June 2023
  • Region: United States
  • The Freedonia Group
  • ID: 5850036

This study analyzes the $6.7 billion US hand tool industry. Hand ToolsIt presents historical demand data (2012, 2017 and 2022) and forecasts (2027 and 2032). Annual data from 2019-2026 is also presented. Tools purchased as a part of a toolset are included in each individual product category. Hand tool product categories encompass:

  • Hand service tools (specialized automotive tools such as airbag deployment tools, distributor clamp wrenches, lug wrenches, manual and hydraulic automobile jacks, muffler chisels, and seal replacers; wrenches; pliers; screwdrivers; hammers; and other hand service tools such as sledges, picks, mauls, nail pullers, clamps, caulking guns, and miscellaneous carpentry tools)
  • Edge tools (paint and masonry tools such as glasscutters, patching knives, putty knives, scrapers, spackling knives, taping knives, utility knives, and wallpaper strippers; chisels and gouges; and axes, adzes, and hatchets)
  • Gand saws
  • Other hand tools such as augers, files, levels, measuring tapes, multitools, planers, professional staplers, rasps, and tampers
  • Parts and attachments such as replacement handles for hand tools, repair pieces for hand tools, replacement nosepieces and jaws for hand tools, saw blades, and screwdriver bit sets

The markets for hand tools are:

  • Professional (construction, automotive aftermarket, and industrial and other professional)
  • Consumer

The distribution channels covered in the study are:

  • Home centers
  • Direct sales and distributors
  • Hardware stores
  • E-commerce
  • Mass marketers

The study also evaluates company market share and competitive analysis on industry competitors including Apex Tool, Channellock, Enerpac, Estwing, Emerson, Great Neck, Great Star, Klein Tools, Leatherman, Snap-On, Stanley Black & Decker, Techtronic Industries, and Vontier.

Table of Contents


1. Executive Summary
2. Short Term Analysis
  • Economic Forecast
  • Short Term Construction Industry Outlook
  • Impact on the Hand Tool Industry
3. Overview
  • Study Scope
  • Historical Trends
  • Supply & Demand
  • Trade Balance
  • Tariffs
  • Imports
  • Exports
  • US Production Outlook
  • Products Overview
  • Markets Overview
  • Pricing Patterns
4. Hand Service Tools
  • Scope
  • Supply & Demand
  • Demand Overview
  • Imports
  • Exports
  • Shipments
  • Suppliers & Brands
  • Demand by Type
  • Specialized Automotive Tools
  • Scope
  • Supply & Demand
  • Trade
  • Suppliers
  • Wrenches
  • Product Description
  • Demand by Type & Market
  • Supply & Demand
  • US Hand Tools
  • Suppliers
  • Pliers
  • Product Description
  • Demand by Type & Market
  • Supply & Demand
  • Suppliers
  • Screwdrivers
  • Product Description
  • Supply & Demand
  • Trade
  • Suppliers
  • Hammers
  • Product Description
  • Demand by Type & Market
  • Supply & Demand
  • Suppliers
  • Other Hand Service Tools (Sledges, Picks, Mauls, Clamps, Nail Pullers, Caulking Guns)
  • Scope
  • Demand by Type & Market
  • Supply & Demand
  • Suppliers
5. Edge Tools
  • Scope
  • Supply & Demand
  • Demand by Type
  • Paint & Masonry Tools
  • Product Description
  • Supply & Demand
  • Suppliers
  • Chisels
  • Product Description
  • Supply & Demand
  • Suppliers
  • Axes, Adzes, & Hatchets
  • Product Description
  • Supply & Demand
  • Suppliers
6. Hand Saws
  • Scope & Product Description
  • US Hand Tools
  • Supply & Demand
  • Suppliers
7. Other Hand Tools, Parts, & Attachments
  • Other Hand Tools
  • Scope
  • Supply & Demand
  • Demand by Type
  • Precision Measuring Tools
  • Multitools
  • All Other Hand Tools
  • Parts & Attachments
8. Professional Markets
  • Market Scope
  • Demand by Market Sector
  • Construction
  • Automotive Aftermarket
  • Industrial & Other Professional Services
  • Demand by Type
9. Consumer Markets
  • Market Scope
  • Demand by Tool Type
  • Hand Tool Ownership Rates
  • Factors Impacting Consumer Purchasing
  • Women Are Using Hand Tools More Than Ever
  • DIY Ethics Spurred by Online Resources
  • DIY/DIFM Trends
  • Consumer Purchasing Trends
  • Primary Reasons for Hand Tool Purchases
  • Who Buys Hand Tools?
  • Where Do Consumers Shop?
  • What Influences Consumer Purchase Decisions?
  • What Sources of Advice Do Consumers Value Most?
  • Which Features or Characteristics Do Consumers Value Most?
10. Distribution Channels
  • Sales by Distribution Channel
  • Home Centers
  • Direct Sales & Distributors
  • US Hand Tools
  • Hardware Stores
  • E-Commerce
  • Mass Marketers
11. Industry Structure
  • Key Findings & Industry Composition
  • Market Share
  • Competitive Strategies
  • Location of Manufacturing Plants
  • Marketing Strategies
  • Private Labels
  • Mergers & Acquisitions
  • List of Industry Participants
12. Appendix
  • Report Details
  • Definitions
  • Abbreviations
  • Methodology
  • Study-Specific Methodology
  • Sources
  • Associations & Agencies
  • Related Studies & Reports
  • Macroeconomic Assumptions
  • Economic Environment
  • Demographic Trends
  • Construction Expenditures
  • Residential Building Improvements & Repairs
  • Commercial Building Improvements & Repairs
  • Housing Completions
  • Motor Vehicle Industry Overview
  • Manufacturers’ Shipments
  • Consumer Spending

Companies Mentioned

  • Apex Tool
  • Channellock
  • Enerpac
  • Estwing
  • Emerson
  • Great Neck
  • Great Star
  • Klein Tools
  • Leatherman
  • Snap-On
  • Stanley Black & Decker
  • Techtronic Industries
  • Vontier

Methodology

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