followers 9 popularity
following 2

following  view all

mrrse is not in any groups

Hitter Based Hand Tools Market Analysis Covering Size, Share, Growth, Trends and Upcoming Opportunities till 2028

Feb 11th 2019 at 3:06 AM

Looking at the current market trends as well as the promising demand status of the “Hitter Based Hand Tools Market, it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application; assisting them to draw conclusions out of this intelligent research report.

Request Free Sample Report @

Hand tools are tools that are not driven by any motor and require manual effort to work. Some examples of hand tools are rakes, screwdrivers, pliers, spanners, wrenches, mallets, crowbars, garden tools, hammers and axes, etc. Hand tools are used in industrial as well as household and DIY projects and various other fields. These tools are sold to consumers via various sales channels, such as online sales, retail sales and distributor sales. Hitter-based hand tools include only the hitting and striking hand tools, such as hammers, axes, mallets, shovels and crowbars. The U.S. hitter based hand tools markets market is expected to register a CAGR of 3.3% over the forecast period (2018 – 2028), in terms of value. The hitter based hand tools markets market is expected to be valued at US$ 497.7 Mn in 2018 and is expected to grow at a CAGR of 3.3% and reach US$ 687.1 Mn by the end of 2028.

People in the U.S. consider home improvement and small maintenance activities a favourable pastime. To leverage on the benefit of changing consumer preference towards DIY ethics, manufacturers are focusing on providing compact, portable and cost-efficient Hitter-based tool solutions to household users. Furthermore, this trend is now significantly shifting to developing markets as well.

The growing trend of DIY activities has also led to increasing sales of Hitter-based tools through online channels. Tools, such as hammers and shovels, are generally purchased through online portals owing to growing popularity of gardening and other activities among the people of the U.S.

Among city planners and real estate agents, the demand for landscaping in commercial as well as residential areas has increased. Around 60% of the people tend to pay more for an apartment or residential space with more gardening area. Landscaping adds to the resale value of a building and speeds up its sale. These factors will aid the growth of the Hitter-based hand tools market.

Browse Complete Report with TOC @

However, increasing automation in various industries is anticipated to have an indirect negative impact on hand tool sales during the forecast period. Increased automation reduces labor costs, mitigates the effects of labor shortage, reduces manufacturing lead time and improves product quality. Increased adoption of industrial automation can mainly be attributed to the gradual rise in labor wages. As manufacturers focus on cost-cutting measures to attain a competitive edge in the marketplace, reduced labor workforce will hamper the adoption of Hitter-based hand tools.

The U.S. hitter based hand tools markets market can be segmented on the basis of product type, sales channel, end use sector and region. On the basis of product type, the hitter based hand tools markets market can be segmented into hammers, mallets, axes, shovels and crowbars. On the basis of sales channel, the U.S. hitter based hand tools markets market can be segmented into bulk distributer sales, retail sales and online sales. On the basis of end use sector, the U.S. hitter based hand tools markets market can be segmented into Household & DIY, Construction, Woodworking & Framing, Manufacturing & Fitting, Mining, Forestry & Agriculture and Rescue Management. Key regions covered in the report include Northeast, Midwest, South and West.

From a regional perspective, the hitter based hand tools markets of the U.S. is anticipated to be dominated by West and South regions of the U.S., in terms of volume and value. This can mainly be attributed to the dominance of DIY applications in these regions. The regions, therefore, are expected to grow with impressive CAGRs between 2018 & 2028 in the Hitter-based hand tools market. Moreover, the U.S. hitter based hand tools market is expected to emerge as the most lucrative market in the world during the forecast period. Additionally, rapid industrialization and growing construction activities across the regions of the U.S., mainly West and South, are expected to create healthy demand in the hitter based hand tools market in the U.S.

Some of the players reported in this study of the U.S. hitter based hand tools markets market include Stanley Black & Decker, Inc., Snap-on Incorporated, Apex Tool Group LLC, Q.E.P. Co., Inc., Estwing Manufacturing Company Incorporated, Vaughan & Bushnell Manufacturing, The AMES Companies, Inc., Techtronic Industries Co. Ltd., ABC Hammers, Inc., Hardcore Hammers etc.

Enquire about this Report @

About Market Research Reports Search Engine (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559

Please to comment

sign in

Remember Me

New to IM faceplate? join free!

Lost Password? click here