Market Overview:
The global tool belts 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 tool belts from DIYers, carpenters, electricians, construction professionals, plumbers and repairmen. Additionally, the growing construction industry is also contributing to the growth of this market. North America dominates the global tool belts market and is expected to continue its dominance during the forecast period.
Product Definition:
A tool belt is a belt, usually made of leather, that holds tools. It is an important piece of equipment for carpenters, electricians and other professionals who need to have their hands free to work.
Leather Types:
Leather types are divided into three categories as vegetable, synthetic and mixed. The market is majorly driven by the demand for vegetable leather which is further processed to manufacture high-quality products such as apparel, footwear and automotive components. Vegetable leather or vegan leather has witnessed a significant increase in demand over the past few years owing to its increasing application scope in manufacturing belts for tool kits among other products.
Canvas/Nylon Types:
Canvas/Nylon types are used in tool belts market on account of its properties such as high tensile strength, abrasion resistance, and easy stretching. Canvas/Nylon based tool belts are widely used by workers who work with tools that have a tendency to slip or fall from their holders due to the presence of oil or other viscous fluids.
Global canvas/nylon types.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Other professionals including electricians, plumber, carpenters, construction professionals and DIYers use these products as they offer convenience while working without getting entangled with wires or ropes. The canvas tool belts are more popular among electricians as it allows them to carry more equipment compared to leather types of tool belts.
The DIYer segment is expected register significant growth over the coming years owing to increasing spending on home improvement projects such as redecoration, renovation of kitchen & bathrooms or new construction altogether in many countries around the world including India, China.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for tool belts from DIYers and electricians is expected to drive the market in APAC region.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high product adoption across various application industries including construction, automotive, electrical & electronics among others. The growing popularity of canvas/nylon types tool belts due their lightweight nature will continue driving the industry growth over next eight years.
North America held a significant share in global arena owing to presence of prominent players operating within U.S., such as VF Outfitters Inc.
Growth Factors:
- Increasing demand for tool belts from construction and engineering sectors as a result of growing infrastructure development activities across the globe.
- Proliferation of DIY culture among consumers, which is resulting in increased demand for tool belts for home improvement projects.
- Rising popularity of portable power tools among consumers, which is boosting demand for tool belts as these tools need to be carried around with ease.
- Growing number of women entering into traditionally male-dominated trades such as construction and automotive repair, which is leading to increased demand for gender-specific tool belts that are designed to fit the body shape of women better than traditional tool belts do.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tool Belts Market Research Report
By Type
Leather Types, Canvas/Nylon Types, Other
By Application
DIYers, Carpenters, Electricians, Construction Professionals, Plumber, Repairman, Others
By Companies
Plano, CK, Bahco, RS Pro, Apex Tool Group, Stanley Tools, Fluke, Facom, Energizer, Amprobe, Greenlee, Jonard, Fastenal Approved Vendor, Rock River, Occidental, Milwaukee Electric Tool, CLC CUSTOM LEATHERCRAFT, ERGODYNE, Pull'R Holding Company, Craftsman, Klein Tools, APEX
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Tool Belts Market Report Segments:
The global Tool Belts market is segmented on the basis of:
Types
Leather Types, Canvas/Nylon Types, 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
DIYers, Carpenters, Electricians, Construction Professionals, Plumber, Repairman, 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:
- Plano
- CK
- Bahco
- RS Pro
- Apex Tool Group
- Stanley Tools
- Fluke
- Facom
- Energizer
- Amprobe
- Greenlee
- Jonard
- Fastenal Approved Vendor
- Rock River
- Occidental
- Milwaukee Electric Tool
- CLC CUSTOM LEATHERCRAFT
- ERGODYNE
- Pull'R Holding Company
- Craftsman
- Klein Tools
- APEX
Highlights of The Tool Belts 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:
- Leather Types
- Canvas/Nylon Types
- Other
- By Application:
- DIYers
- Carpenters
- Electricians
- Construction Professionals
- Plumber
- Repairman
- 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 Tool Belts 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:
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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?
Tool belts are a type of belt that is typically worn around the waist and has pockets on either side to store tools. They are often made from heavy-duty materials, such as leather or nylon, to ensure that the tools they contain remain stable and secure while you're working.
Some of the key players operating in the tool belts market are Plano, CK, Bahco, RS Pro, Apex Tool Group, Stanley Tools, Fluke, Facom, Energizer, Amprobe, Greenlee, Jonard, Fastenal Approved Vendor, Rock River, Occidental, Milwaukee Electric Tool, CLC CUSTOM LEATHERCRAFT, ERGODYNE, Pull'R Holding Company, Craftsman, Klein Tools, APEX.
The tool belts 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 Tool Belts 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 Tool Belts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tool Belts 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 Tool Belts 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 Tool Belts Market Size & Forecast, 2018-2028
4.5.1 Tool Belts Market Size and Y-o-Y Growth
4.5.2 Tool Belts Market Absolute $ Opportunity
Chapter 5 Global Tool Belts 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 Tool Belts Market Size Forecast by Type
5.2.1 Leather Types
5.2.2 Canvas/Nylon Types
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tool Belts 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 Tool Belts Market Size Forecast by Applications
6.2.1 DIYers
6.2.2 Carpenters
6.2.3 Electricians
6.2.4 Construction Professionals
6.2.5 Plumber
6.2.6 Repairman
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tool Belts 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 Tool Belts 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 Tool Belts Analysis and Forecast
9.1 Introduction
9.2 North America Tool Belts 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 Tool Belts Market Size Forecast by Type
9.6.1 Leather Types
9.6.2 Canvas/Nylon Types
9.6.3 Other
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 Tool Belts Market Size Forecast by Applications
9.10.1 DIYers
9.10.2 Carpenters
9.10.3 Electricians
9.10.4 Construction Professionals
9.10.5 Plumber
9.10.6 Repairman
9.10.7 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 Tool Belts Analysis and Forecast
10.1 Introduction
10.2 Europe Tool Belts 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 Tool Belts Market Size Forecast by Type
10.6.1 Leather Types
10.6.2 Canvas/Nylon Types
10.6.3 Other
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 Tool Belts Market Size Forecast by Applications
10.10.1 DIYers
10.10.2 Carpenters
10.10.3 Electricians
10.10.4 Construction Professionals
10.10.5 Plumber
10.10.6 Repairman
10.10.7 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 Tool Belts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tool Belts 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 Tool Belts Market Size Forecast by Type
11.6.1 Leather Types
11.6.2 Canvas/Nylon Types
11.6.3 Other
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 Tool Belts Market Size Forecast by Applications
11.10.1 DIYers
11.10.2 Carpenters
11.10.3 Electricians
11.10.4 Construction Professionals
11.10.5 Plumber
11.10.6 Repairman
11.10.7 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 Tool Belts Analysis and Forecast
12.1 Introduction
12.2 Latin America Tool Belts 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 Tool Belts Market Size Forecast by Type
12.6.1 Leather Types
12.6.2 Canvas/Nylon Types
12.6.3 Other
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 Tool Belts Market Size Forecast by Applications
12.10.1 DIYers
12.10.2 Carpenters
12.10.3 Electricians
12.10.4 Construction Professionals
12.10.5 Plumber
12.10.6 Repairman
12.10.7 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) Tool Belts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tool Belts 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) Tool Belts Market Size Forecast by Type
13.6.1 Leather Types
13.6.2 Canvas/Nylon Types
13.6.3 Other
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) Tool Belts Market Size Forecast by Applications
13.10.1 DIYers
13.10.2 Carpenters
13.10.3 Electricians
13.10.4 Construction Professionals
13.10.5 Plumber
13.10.6 Repairman
13.10.7 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 Tool Belts Market: Competitive Dashboard
14.2 Global Tool Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Plano
14.3.2 CK
14.3.3 Bahco
14.3.4 RS Pro
14.3.5 Apex Tool Group
14.3.6 Stanley Tools
14.3.7 Fluke
14.3.8 Facom
14.3.9 Energizer
14.3.10 Amprobe
14.3.11 Greenlee
14.3.12 Jonard
14.3.13 Fastenal Approved Vendor
14.3.14 Rock River
14.3.15 Occidental
14.3.16 Milwaukee Electric Tool
14.3.17 CLC CUSTOM LEATHERCRAFT
14.3.18 ERGODYNE
14.3.19 Pull'R Holding Company
14.3.20 Craftsman
14.3.21 Klein Tools
14.3.22 APEX
