Market Overview:
The global folding shovel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for folding shovels from military and civilian applications. Folding shovels are increasingly being used as a multipurpose tool, owing to their light weight and portability. In addition, the growing awareness about safety and emergency preparedness has led to an increase in demand for folding shovels from civilian applications such as camping, trekking, and backpacking. North America is expected to lead the global folding shovel market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A folding shovel is a small shovel that can be folded into a compact size for easy storage. It is often used for gardening or camping.
60CM:
60CM is the measurement of the length of a standard or average human hair. It roughly represents the width of a credit card. 60CM folding shovels are used for digging and removing snow, ice, and slush from roads during winters across the globe.
48CM:
48CM is a standard size of folding shovel used for digging in soft soil. It's length can be adjusted as per the requirement by just changing the head. The handle of 48CM model is designed to fit most conveniently in a compact space, which makes it easy to carry and store away when not in use.
The market demand for 48CM folding shovels has been growing at an exponential rate due to its increasing application across various industries including construction, agriculture.
Application Insights:
The military application segment accounted for the largest share of over 50% in 2017. The increasing number of COVID-19 cases across the globe has created a demand for these products among military personnel to protect themselves from coughs and sneezes. Furthermore, these products are used by soldiers during training as they can be easily carried and stored. These factors are projected to drive the demand for folding shovels in military applications over the forecast period.
Civilian application is expected to witness significant growth at a CAGR of XX%, in terms of revenue, from 2018 to 2030 owing to rising awareness about COVID-19 among consumers globally. Consumers have started purchasing these products on an emergency basis as they can be used indoor or outdoor without any issues or concerns regarding hygiene or safety aspects related with them such as infections etc., which is likely to propel their demand amongst other users including home owners, construction workers etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing construction activities and growing population. The region is expected to continue its dominance over the forecast period due to rapid urbanization, rising disposable income of consumers and strong government support for infrastructure development.
The European market is anticipated to witness steady growth over the next eight years on account of increasing demand for gardening tools such as folding shovels from countries including Germany, U.K., Italy, France among others. North America accounted for a significant share in terms of revenue generation owing to high adoption of these products particularly in countries such as Canada and U.
Growth Factors:
- Increasing demand for Folding Shovels from the construction and gardening sectors as a result of the growth in these industries.
- The increasing popularity of camping and outdoor activities, which is driving demand for portable Folding Shovels.
- The growing trend of do-it-yourself (DIY) projects, which is boosting demand for Folding Shovels among consumers.
- Rising awareness about the benefits of using Folding Shovels, which is resulting in an increase in their adoption across various end-use segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Folding Shovel Market Research Report
By Type
60CM, 48CM, 42CM, Other,
By Application
Military, Civilian,
By Companies
Schrade, Gerber, SOG, Glock, Cold Steel, FiveJoy, Columbia River Knife & Tool, Glock, Decathlon
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Folding Shovel Market Report Segments:
The global Folding Shovel market is segmented on the basis of:
Types
60CM, 48CM, 42CM, Other,
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Civilian,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schrade
- Gerber
- SOG
- Glock
- Cold Steel
- FiveJoy
- Columbia River Knife & Tool
- Glock
- Decathlon
Highlights of The Folding Shovel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 60CM
- 48CM
- 42CM
- Other
- By Application:
- Military
- Civilian
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Folding Shovel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A folding shovel is a small, lightweight tool that can be easily carried in a backpack or pocket. It is used to dig holes, move snow and ice, or clear debris.
Some of the key players operating in the folding shovel market are Schrade, Gerber, SOG, Glock, Cold Steel, FiveJoy, Columbia River Knife & Tool, Glock, Decathlon.
The folding shovel market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Folding Shovel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Folding Shovel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Folding Shovel Market - Supply Chain
4.5. Global Folding Shovel Market Forecast
4.5.1. Folding Shovel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Folding Shovel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Folding Shovel Market Absolute $ Opportunity
5. Global Folding Shovel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Folding Shovel Market Size and Volume Forecast by Type
5.3.1. 60CM
5.3.2. 48CM
5.3.3. 42CM
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Folding Shovel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Folding Shovel Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Civilian
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Folding Shovel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Folding Shovel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Folding Shovel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Folding Shovel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Folding Shovel Demand Share Forecast, 2019-2026
9. North America Folding Shovel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Folding Shovel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Folding Shovel Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Civilian
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Folding Shovel Market Size and Volume Forecast by Type
9.7.1. 60CM
9.7.2. 48CM
9.7.3. 42CM
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Folding Shovel Demand Share Forecast, 2019-2026
10. Latin America Folding Shovel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Folding Shovel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Folding Shovel Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Civilian
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Folding Shovel Market Size and Volume Forecast by Type
10.7.1. 60CM
10.7.2. 48CM
10.7.3. 42CM
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Folding Shovel Demand Share Forecast, 2019-2026
11. Europe Folding Shovel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Folding Shovel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Folding Shovel Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Civilian
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Folding Shovel Market Size and Volume Forecast by Type
11.7.1. 60CM
11.7.2. 48CM
11.7.3. 42CM
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Folding Shovel Demand Share, 2019-2026
12. Asia Pacific Folding Shovel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Folding Shovel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Folding Shovel Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Civilian
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Folding Shovel Market Size and Volume Forecast by Type
12.7.1. 60CM
12.7.2. 48CM
12.7.3. 42CM
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Folding Shovel Demand Share, 2019-2026
13. Middle East & Africa Folding Shovel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Folding Shovel Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Folding Shovel Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Civilian
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Folding Shovel Market Size and Volume Forecast by Type
13.7.1. 60CM
13.7.2. 48CM
13.7.3. 42CM
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Folding Shovel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Folding Shovel Market: Market Share Analysis
14.2. Folding Shovel Distributors and Customers
14.3. Folding Shovel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schrade
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Gerber
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SOG
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Glock
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cold Steel
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FiveJoy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Columbia River Knife & Tool
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Glock
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Decathlon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook