Market Overview:
The global pipe and tube cutters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pipe and tube cutters in residential and commercial applications. In terms of type, the manual segment is expected to lead the global pipe and tube cutters market during the forecast period, followed by the battery segment. The growth in this segment can be attributed to its low cost as compared to other types of pipe and tube cutters available in the market.
Product Definition:
Pipe and tube cutters are tools used to cut pipes and tubes. They are usually handheld, but can also be mounted in machines. Pipe and tube cutters are important because they allow for the quick, clean, and accurate cutting of pipes and tubes.
Manual:
The manual pipe cutters have been used for a long time. But with technological advancements, there has been an increase in the demand for automatic pipe cutters.
Battery:
Battery is an energy source used in the equipment that provides electric power for cutting tools. It is a mechanical device consisting of positive and negative poles connected by an insulated wire or cable. The battery consists of two metal plates, one of which has a larger surface area than the other, and these are separated by a thin insulating layer of air.
Application Insights:
The residential application segment accounted for the largest share of over 60.0% in 2017. The segment is expected to witness significant growth on account of increasing pipe and tube cutting operations in residential areas for water supply and drainage purposes. In addition, growing urbanization across various regions coupled with rising housing needs is anticipated to propel demand over the forecast period.
Commercial applications are projected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in commercial construction activities across various regions including North America, Europe, Asia Pacific.
Regional Analysis:
North America was the leading market and accounted for over 35% of the global revenue in 2017. The region is expected to maintain its dominance over the forecast period. This can be attributed to increasing use of cutters for cutting various pipes such as steel, cast iron, and aluminum primarily in commercial applications such as oil & gas, power generation, petrochemical industry etc. In addition, rising need for replacement or upgrading existing facilities is also expected to drive demand during the forecast period.
Asia Pacific is anticipated to witness significant growth owing to growing infrastructure activities coupled with rapid industrialization across several countries including China and India which are among major consumers of pipe cutters globally will drive this regional market during the forecast period.
Europe was valued at USD X billion in 2017 owing to high consumption levels observed from countries including Germany.
Growth Factors:
- Increasing demand for pipe and tube cutters from the construction and manufacturing industries as a result of the growth in these sectors.
- The increasing use of pipe and tube cutters in DIY applications by consumers due to the growing popularity of home improvement projects.
- The development of new technologies that improve the performance or usability of pipe and tube cutters, driving their adoption by consumers and professionals alike.
- Growing demand for portable pipe and tube cutters as a result of their versatility and ease-of-use, making them ideal for on-the-go applications.
- Rising prices for raw materials used in manufacturing pipes & tubes, which is likely to spur greater demand for efficient pipe & tube cutting tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipe & Tube Cutters Market Research Report
By Type
Manual, Battery
By Application
Residential, Commercial
By Companies
Husky, RIDGID, Milwaukee, Apollo, Eastman, Imperial, Klein Tools, JSC, Armour Line, The Plumber's Choice
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Pipe & Tube Cutters Market Report Segments:
The global Pipe & Tube Cutters market is segmented on the basis of:
Types
Manual, Battery
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
Residential, Commercial
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:
- Husky
- RIDGID
- Milwaukee
- Apollo
- Eastman
- Imperial
- Klein Tools
- JSC
- Armour Line
- The Plumber's Choice
Highlights of The Pipe & Tube Cutters 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:
- Manual
- Battery
- By Application:
- Residential
- Commercial
- 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 Pipe & Tube Cutters 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?
Pipe and tube cutters are a type of hand tool used to make cuts in pipes, tubing, and other metal objects. They typically have a blade on one end and a handle on the other. The user grips the handle with one hand and uses the blade to make precise cuts.
Some of the major companies in the pipe & tube cutters market are Husky, RIDGID, Milwaukee, Apollo, Eastman, Imperial, Klein Tools, JSC, Armour Line, The Plumber's Choice.
The pipe & tube cutters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pipe & Tube Cutters 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 Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size & Forecast, 2018-2028 4.5.1 Pipe & Tube Cutters Market Size and Y-o-Y Growth 4.5.2 Pipe & Tube Cutters Market Absolute $ Opportunity
Chapter 5 Global Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Type
5.2.1 Manual
5.2.2 Battery
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pipe & Tube Cutters 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 Pipe & Tube Cutters 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 Pipe & Tube Cutters Analysis and Forecast
9.1 Introduction
9.2 North America Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Type
9.6.1 Manual
9.6.2 Battery
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 Pipe & Tube Cutters Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
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 Pipe & Tube Cutters Analysis and Forecast
10.1 Introduction
10.2 Europe Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Type
10.6.1 Manual
10.6.2 Battery
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 Pipe & Tube Cutters Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
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 Pipe & Tube Cutters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Type
11.6.1 Manual
11.6.2 Battery
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 Pipe & Tube Cutters Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
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 Pipe & Tube Cutters Analysis and Forecast
12.1 Introduction
12.2 Latin America Pipe & Tube Cutters 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 Pipe & Tube Cutters Market Size Forecast by Type
12.6.1 Manual
12.6.2 Battery
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 Pipe & Tube Cutters Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
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) Pipe & Tube Cutters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pipe & Tube Cutters 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) Pipe & Tube Cutters Market Size Forecast by Type
13.6.1 Manual
13.6.2 Battery
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) Pipe & Tube Cutters Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
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 Pipe & Tube Cutters Market: Competitive Dashboard
14.2 Global Pipe & Tube Cutters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Husky
14.3.2 RIDGID
14.3.3 Milwaukee
14.3.4 Apollo
14.3.5 Eastman
14.3.6 Imperial
14.3.7 Klein Tools
14.3.8 JSC
14.3.9 Armour Line
14.3.10 The Plumber's Choice