Market Overview:
The global power tool storage box market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for power tools in various end-use industries, such as metal processing, woodworking, building decoration, stone processing and automotive. In addition, the growing trend of DIY (Do It Yourself) projects is also fueling the demand for power tools and their corresponding storage boxes. The global power tool storage box market can be segmented on the basis of type into plastic box, metal box and others. The metal box segment is expected to account for a major share of the global market due to its high durability and resistance against corrosion. On the basis of application, the global market can be divided into metal processing, woodworking, building decoration stone processing automotive and others segments.
Product Definition:
A power tool storage box is a container used to store power tools and their respective accessories. The importance of a power tool storage box is that it keeps all of the user's tools in one place, which makes them more organized and easier to find. It also helps to protect the tools from damage.
Plastic Box:
Plastic box is a closed container made of plastic material. It can be used to store various power tools such as drills, saws, wrenches and other small accessories that are frequently used in home improvement or repair projects. The product also serves the purpose of storage for kids' toys, electronic devices and sports equipment among others.
Metal Box:
Metal boxes are used to store power tools in. They have the advantage of not getting damaged or lost when left inside a tool chest and also they do not take up much space. Metal boxes can be made from steel, aluminum, cast iron or any combination of these materials. The material is chosen depending on the requirements for strength and weight as well as aesthetic factors such as finish type & color etc.
Application Insights:
The metal processing application segment led the global power tool storage box market in 2017. Metalworking applications include cutting, drilling, welding and forming. The demand for these machines is increasing in automotive industry as well as other industrial applications including construction and mining.
Building decoration was the second largest application of the global power tool storage boxes in 2017. These boxes are used to store various small tools including files, chisels & knives for trimming edges and corners of furniture pieces or architectural designs along with saws & hacksaws for cutting wood materials into desired shapes or sizes respectively from a large stock of raw material obtained from felling trees to finished products such as doors & windows frames along with shelves & mantles etc., which require fine finishing operations only performed by hand-held tools such as chisels, saws and hammers etc., at a later stage when required again by assembling them together using screws or nails etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding power tool safety and storage, coupled with growing demand for high-quality power tools from developing countries such as China and India. In addition, rising number of service centers in this region will drive the demand further. For instance, Bosch Service Center opened its first center in China in 2016; thereafter it followed by other major players such as Siemens AG & Co., Ltd.; Makita Corporation; and DeWALT Industrial BV.
North America accounted for a significant share owing to presence of numerous manufacturers including Stanley Black And Decker Inc.; Emerson Electric Co.; Skil Corporation; Milwaukee Electric Tool Corp.; Stanley Works Inc.
Growth Factors:
- Increasing demand for power tools from construction and manufacturing sectors
- Rising disposable income of consumers in developing countries
- Technological advancements in power tool storage boxes
- Growing popularity of do-it-yourself (DIY) projects
- Increasing number of home improvement and renovation projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Tool Storage Box Market Research Report
By Type
Plastic Box, Metal Box, Others
By Application
Metal Processing, Woodworking, Building Decoration, Stone Processing, Automotive, Others
By Companies
Stanley Black & Decker, DeWalt, Milwaukee Tool, Keter, Tooltechnic Systems, Makita, Koki Holdings, Techtronic Industries, Apex Tool Group, Mac Tools, Matco Tools, Snap-on Incorporated, Stahlwille, SAM Outillage, CHANGHE Enclosures
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Power Tool Storage Box Market Report Segments:
The global Power Tool Storage Box market is segmented on the basis of:
Types
Plastic Box, Metal Box, 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
Metal Processing, Woodworking, Building Decoration, Stone Processing, Automotive, 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:
- Stanley Black & Decker
- DeWalt
- Milwaukee Tool
- Keter
- Tooltechnic Systems
- Makita
- Koki Holdings
- Techtronic Industries
- Apex Tool Group
- Mac Tools
- Matco Tools
- Snap-on Incorporated
- Stahlwille
- SAM Outillage
- CHANGHE Enclosures
Highlights of The Power Tool Storage Box 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:
- Plastic Box
- Metal Box
- Others
- By Application:
- Metal Processing
- Woodworking
- Building Decoration
- Stone Processing
- Automotive
- 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 Power Tool Storage Box 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 power tool storage box is a sturdy, organized container that can store your power tools safely and easily. It provides an easy way to keep your tools organized and accessible, so you can get the job done quickly and efficiently.
Some of the major companies in the power tool storage box market are Stanley Black & Decker, DeWalt, Milwaukee Tool, Keter, Tooltechnic Systems, Makita, Koki Holdings, Techtronic Industries, Apex Tool Group, Mac Tools, Matco Tools, Snap-on Incorporated, Stahlwille, SAM Outillage, CHANGHE Enclosures.
The power tool storage box 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 Power Tool Storage Box 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 Power Tool Storage Box Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Tool Storage Box 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 Power Tool Storage Box 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 Power Tool Storage Box Market Size & Forecast, 2020-2028
4.5.1 Power Tool Storage Box Market Size and Y-o-Y Growth
4.5.2 Power Tool Storage Box 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 Plastic Box
5.2.2 Metal Box
5.2.3 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 Metal Processing
6.2.2 Woodworking
6.2.3 Building Decoration
6.2.4 Stone Processing
6.2.5 Automotive
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Tool Storage Box 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 Power Tool Storage Box 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 Plastic Box
9.6.2 Metal Box
9.6.3 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 Metal Processing
9.10.2 Woodworking
9.10.3 Building Decoration
9.10.4 Stone Processing
9.10.5 Automotive
9.10.6 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 Plastic Box
10.6.2 Metal Box
10.6.3 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 Metal Processing
10.10.2 Woodworking
10.10.3 Building Decoration
10.10.4 Stone Processing
10.10.5 Automotive
10.10.6 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 Plastic Box
11.6.2 Metal Box
11.6.3 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 Metal Processing
11.10.2 Woodworking
11.10.3 Building Decoration
11.10.4 Stone Processing
11.10.5 Automotive
11.10.6 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 Plastic Box
12.6.2 Metal Box
12.6.3 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 Metal Processing
12.10.2 Woodworking
12.10.3 Building Decoration
12.10.4 Stone Processing
12.10.5 Automotive
12.10.6 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 Plastic Box
13.6.2 Metal Box
13.6.3 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 Metal Processing
13.10.2 Woodworking
13.10.3 Building Decoration
13.10.4 Stone Processing
13.10.5 Automotive
13.10.6 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 Power Tool Storage Box Market: Competitive Dashboard
14.2 Global Power Tool Storage Box Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stanley Black & Decker
14.3.2 DeWalt
14.3.3 Milwaukee Tool
14.3.4 Keter
14.3.5 Tooltechnic Systems
14.3.6 Makita
14.3.7 Koki Holdings
14.3.8 Techtronic Industries
14.3.9 Apex Tool Group
14.3.10 Mac Tools
14.3.11 Matco Tools
14.3.12 Snap-on Incorporated
14.3.13 Stahlwille
14.3.14 SAM Outillage
14.3.15 CHANGHE Enclosures
