Market Overview:
The global hardware tool boxes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The hardware tool boxes market is segmented on the basis of type, application, and region. On the basis of type, the hardware tool boxes market is segmented into hand tools, electrical tools, fasteners and seals, and others. The hand tools segment accounted for a major share of the global hardware tool boxes market in 2017 and is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
A hardware tool box is a tool storage container that is typically made of metal, plastic, or wood. It is used to store and transport hand tools and other small items.
Hand Tools:
Hand tools are used for small repairs and maintenance in the hardware tool boxes. They include pliers, screwdrivers, wrenches, chisel & hammer etc. The growth factor of this market is dependent on the demand from end-user industries such as automotive & transportation and construction among others. In addition to that growing awareness regarding hand tools also plays a major role in driving their growth over the forecast period.
Electrical Tools:
Electrical tools are used in the hardware tool boxes to perform specific tasks. They comprise of various types of wrenches, screwdrivers, pliers, and other hand tools. The electrical tools help the user to complete a task with greater ease and efficiency as compared to manual tools.
Application Insights:
Hardware tools save emerged as the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The rising number of construction projects across various regions coupled with increasing urbanization is anticipated to drive demand for hardware tools save over the forecast period. Hardware tools carry application segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to growing consumer preference for carrying hand tool sets while undertaking household repairs or maintenance activities at their residences, which will positively impact market growth during the same period.
Hardware Tools category accounted for a significant share in 2017.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing manufacturing activities in this region. Increasing demand for consumer electronics and industrial machinery is also likely to drive the regional market growth. China, Japan, South Korea, Taiwan are some of the prominent markets in Asia Pacific that have been witnessing significant development in recent years owing to various factors such as low labor cost and easy availability of raw materials & components.
North America was estimated as one of the largest regions with a share of more than 20% in 2017 due to high product demand from end-users primarily automotive manufacturers along with repair centers across U.S., Canada, and Mexico coupled with growing popularity among consumers for DIY projects at home or around workshops/garages using hand tools instead of electric power tools which consume more energy over long run resulting into higher carbon emission thus leading towards global sustainability initiative taken by governments across countries including U.S.
Growth Factors:
- Increasing demand for hand tools in the automotive and construction industries
- Growing popularity of do-it-yourself (DIY) projects among homeowners
- Rising number of small and medium-sized businesses (SMBs)
- Proliferation of online marketplaces that sell hardware tools and accessories
- Advances in manufacturing technology that make hardware tool boxes more durable and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware Tool Boxes Market Research Report
By Type
Hand Tools, Electrical Tools, Fasteners and Seals, Others
By Application
Hardware Tools Save, Hardware Tools Carry, Hardware Tools Category, Others
By Companies
SATA, Stanley, Bosch, Great Wall Precision, Sheffield, Pro'sKit, Endura, Santo, HuaFeng Big Arrow, Hobo, SATA
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Hardware Tool Boxes Market Report Segments:
The global Hardware Tool Boxes market is segmented on the basis of:
Types
Hand Tools, Electrical Tools, Fasteners and Seals, Others
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
Hardware Tools Save, Hardware Tools Carry, Hardware Tools Category, Others
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:
- SATA
- Stanley
- Bosch
- Great Wall Precision
- Sheffield
- Pro'sKit
- Endura
- Santo
- HuaFeng Big Arrow
- Hobo
- SATA
Highlights of The Hardware Tool Boxes 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:
- Hand Tools
- Electrical Tools
- Fasteners and Seals
- Others
- By Application:
- Hardware Tools Save
- Hardware Tools Carry
- Hardware Tools Category
- Others
- 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 Hardware Tool Boxes 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?
Hardware tool boxes are a type of storage container that is used to store tools and other equipment. They are often made from metal or plastic, and can be either portable or stationary.
Some of the major players in the hardware tool boxes market are SATA, Stanley, Bosch, Great Wall Precision, Sheffield, Pro'sKit, Endura, Santo, HuaFeng Big Arrow, Hobo, SATA.
The hardware tool boxes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hardware Tool Boxes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hardware Tool Boxes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hardware Tool Boxes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hardware Tool Boxes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hardware Tool Boxes Market Size & Forecast, 2020-2028
4.5.1 Hardware Tool Boxes Market Size and Y-o-Y Growth
4.5.2 Hardware Tool Boxes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hand Tools
5.2.2 Electrical Tools
5.2.3 Fasteners and Seals
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hardware Tools Save
6.2.2 Hardware Tools Carry
6.2.3 Hardware Tools Category
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hardware Tool Boxes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hardware Tool Boxes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hand Tools
9.6.2 Electrical Tools
9.6.3 Fasteners and Seals
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hardware Tools Save
9.10.2 Hardware Tools Carry
9.10.3 Hardware Tools Category
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hand Tools
10.6.2 Electrical Tools
10.6.3 Fasteners and Seals
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hardware Tools Save
10.10.2 Hardware Tools Carry
10.10.3 Hardware Tools Category
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hand Tools
11.6.2 Electrical Tools
11.6.3 Fasteners and Seals
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hardware Tools Save
11.10.2 Hardware Tools Carry
11.10.3 Hardware Tools Category
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hand Tools
12.6.2 Electrical Tools
12.6.3 Fasteners and Seals
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hardware Tools Save
12.10.2 Hardware Tools Carry
12.10.3 Hardware Tools Category
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hand Tools
13.6.2 Electrical Tools
13.6.3 Fasteners and Seals
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hardware Tools Save
13.10.2 Hardware Tools Carry
13.10.3 Hardware Tools Category
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hardware Tool Boxes Market: Competitive Dashboard
14.2 Global Hardware Tool Boxes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SATA
14.3.2 Stanley
14.3.3 Bosch
14.3.4 Great Wall Precision
14.3.5 Sheffield
14.3.6 Pro'sKit
14.3.7 Endura
14.3.8 Santo
14.3.9 HuaFeng Big Arrow
14.3.10 Hobo
14.3.11 SATA
