Market Overview:
The global tool filing 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 precision tools in various industries, such as woodworking, metalworking, diamondworking, and others. In addition, the growing demand for customized tools is also contributing to the growth of this market. The global tool filing market can be segmented on the basis of type into flat file, circular file, and others. The flat file segment is expected to dominate this market during the forecast period owing to its high usage in various industries for precision cutting and shaping purposes. On the basis of application, this market can be divided into woodworking, metalworking diamondworking,, and others segments.
Product Definition:
Tool Filing is the process of shaping and sharpening the cutting edges of tools by removing small amounts of metal with a file. Tool Filing is important because it keeps the cutting edges sharp, which allows the tools to cut through materials more easily.
Flat File:
Flat file is a database management system that stores data in a flat or linear fashion. The term “flat” refers to the fact that all the records are stored in a single, continuous file. Flat files can be used for many purposes, including inventory control and product tracking applications among others.
The primary benefit of flat-file systems is their simplicity; there are no complex structures to learn or memory requirements to manage.
Circular File:
The global circular file and it's usage in the tool filing market is a new emerging trend in the market. The primary factor that has been driving this market is growing demand for organized storage systems. In addition, there are several advantages of using such as ease of access, time-saving, and efficiency which are fueling the growth of this circular file and it's usage in tool filing market globally.
Application Insights:
The metalworking application segment led the global tool filing market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for precision-made tools, which are used in various operations of the manufacturing process, including cutting, drilling, sanding and forming.
Metalworking applications include aerospace & defense industry as well as automotive industry. In recent years, there has been an increase in demand for lightweight materials that are used for making aircrafts lighter so that they can fly faster and higher which is expected to boost product consumption over the next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for metal and woodworking tools in countries, such as China, Japan, India, and South Korea. In addition, growing automotive industry in these regions will drive product demand further.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to rapid development of its oil & gas industry on account of rising petroleum activities in this region. Moreover diamond tooling market has also witnessed a significant rise due diamond processing plants being established by De Beers Group Ltd., which are engaged in cutting and polishing operations for rough diamonds mined from Angola and Botswana among other African countries thus driving MTW segment growth across this region since 2010s resulting into high product penetration rates observed across major cities including Khartoum; Juba; Kampala; Entebbe; Windhoek etc.
Growth Factors:
- Increasing demand for better and faster ways to organize and store tools
- Rising popularity of DIY projects and home improvement initiatives
- Growing number of small businesses that need to efficiently manage their tool inventory
- Proliferation of online marketplaces that make it easy for consumers to find the right tool filing system for their needs
- Advances in technology that lead to new and innovative ways to store, organize, and access tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Tool Filing Market Research Report
By Type
Flat File, Circular File, Others
By Application
Woodworking, Metalworking, Diamondworking, Others
By Companies
WÜRTH, Phoenix Tools, Wiha Tools, SATA Tools, Stanley Hand Tools, Prokit's Industries, Endura Tools, Deli, Channellock, Groz Tools
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Tool Filing Market Report Segments:
The global Tool Filing market is segmented on the basis of:
Types
Flat File, Circular File, 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
Woodworking, Metalworking, Diamondworking, 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:
- WÜRTH
- Phoenix Tools
- Wiha Tools
- SATA Tools
- Stanley Hand Tools
- Prokit's Industries
- Endura Tools
- Deli
- Channellock
- Groz Tools
Highlights of The Tool Filing 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:
- Flat File
- Circular File
- Others
- By Application:
- Woodworking
- Metalworking
- Diamondworking
- 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 Filing 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?
Tool filing is a term used in the construction industry to describe the process of organizing and storing tools. Tools can be organized by type (e.g., saws, hammers), by function (e.g., cutting, pounding), or by location (e.g., tool chest, workbench).
Some of the major players in the tool filing market are WœRTH, Phoenix Tools, Wiha Tools, SATA Tools, Stanley Hand Tools, Prokit's Industries, Endura Tools, Deli, Channellock, Groz Tools.
The tool filing 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 Filing 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 Filing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tool Filing 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 Filing 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 Filing Market Size & Forecast, 2018-2028
4.5.1 Tool Filing Market Size and Y-o-Y Growth
4.5.2 Tool Filing Market Absolute $ Opportunity
Chapter 5 Global Tool Filing 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 Filing Market Size Forecast by Type
5.2.1 Flat File
5.2.2 Circular File
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tool Filing 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 Filing Market Size Forecast by Applications
6.2.1 Woodworking
6.2.2 Metalworking
6.2.3 Diamondworking
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tool Filing 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 Filing 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 Filing Analysis and Forecast
9.1 Introduction
9.2 North America Tool Filing 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 Filing Market Size Forecast by Type
9.6.1 Flat File
9.6.2 Circular File
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 Tool Filing Market Size Forecast by Applications
9.10.1 Woodworking
9.10.2 Metalworking
9.10.3 Diamondworking
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 Tool Filing Analysis and Forecast
10.1 Introduction
10.2 Europe Tool Filing 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 Filing Market Size Forecast by Type
10.6.1 Flat File
10.6.2 Circular File
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 Tool Filing Market Size Forecast by Applications
10.10.1 Woodworking
10.10.2 Metalworking
10.10.3 Diamondworking
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 Tool Filing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tool Filing 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 Filing Market Size Forecast by Type
11.6.1 Flat File
11.6.2 Circular File
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 Tool Filing Market Size Forecast by Applications
11.10.1 Woodworking
11.10.2 Metalworking
11.10.3 Diamondworking
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 Tool Filing Analysis and Forecast
12.1 Introduction
12.2 Latin America Tool Filing 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 Filing Market Size Forecast by Type
12.6.1 Flat File
12.6.2 Circular File
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 Tool Filing Market Size Forecast by Applications
12.10.1 Woodworking
12.10.2 Metalworking
12.10.3 Diamondworking
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) Tool Filing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tool Filing 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 Filing Market Size Forecast by Type
13.6.1 Flat File
13.6.2 Circular File
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) Tool Filing Market Size Forecast by Applications
13.10.1 Woodworking
13.10.2 Metalworking
13.10.3 Diamondworking
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 Tool Filing Market: Competitive Dashboard
14.2 Global Tool Filing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WÜRTH
14.3.2 Phoenix Tools
14.3.3 Wiha Tools
14.3.4 SATA Tools
14.3.5 Stanley Hand Tools
14.3.6 Prokit's Industries
14.3.7 Endura Tools
14.3.8 Deli
14.3.9 Channellock
14.3.10 Groz Tools
