Market Overview:
The global tool hammer 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 hammers in various applications such as camping, scientific expedition, rescue, and others. Additionally, the growing construction and automotive industries are also fueling the demand for hammers globally. The claw hammer segment is expected to dominate the global tool hammer market during the forecast period owing to its wide usage in various applications. However, the octagonal hammer segment is projected to grow at a higher CAGR than other segments during the forecast period due its unique features that offer better grip and striking power as compared to other types of hammers available in the market. In terms of region, North America dominatesthe global toolhammermarket followed by Europeand Asia Pacificregion owingto high adoption rateof hammersin these regions for various purposes such as construction activities.
Product Definition:
A tool hammer is a handheld device that delivers an impact force to an object. The object is typically a nail or rivet, and the impact force creates a driving action, which forces the object into the material. Tool hammers are often used in construction and manufacturing settings.
Claw Hammer:
Claw hammer is a tool, which is used for striking objects with a heavy blow. It consists of two metal prongs or just one metal prong attached to a wooden handle. The main function of this hammer is to provide an initial force that helps in driving the nail into the wood and then transferring all the weight on it. This process can be done by using either of the handles connected to different sized nails or by using specialized mallets known as "claw hammers".
Octagonal Hammer:
The octagonal hammer is a tool used in the metal working process. It consists of an elongated steel body with a square or round cross-section and eight evenly spaced nails along its length. The head of the hammer is normally formed by bending the handle at right angles, but it also can be made from steel plate with holes along its length for nails to fit into.
Application Insights:
The camping application segment accounted for the largest share of over 30.0% in 2017. Camping is one of the most popular outdoor activities across the globe, which has led to an increased demand for essential products such as tents and sleeping bags. As a result, manufacturers are expanding their product portfolio to include camping equipment and supplies including tool hammers in order to meet this rising demand from campers around the world.
The scientific expedition application segment is expected to expand at a CAGR of XX% over the forecast period owing to increasing use of tool hammers by geologists and paleontologists while conducting field research on different terrains including mountains, jungles and oceanside cliffs etc., The rescue application segment was valued at USD 159 million in 2017 owing to its extensive use during natural disasters such as earthquakes, floods or fires etc.
Regional Analysis:
Asia Pacific dominated the global tool hammer market in 2017. This is attributed to increasing construction activities and growing automotive industry in the region. Furthermore, rising disposable income of consumers is expected to drive demand for tools, including hammers, over the forecast period.
The Asia Pacific regional market accounted for a share of more than 30% in terms of revenue owing to high product adoption by end-users such as builders and automobile enthusiasts across countries such as China and India. The Middle East & Africa regional market also held a significant share due to increasing number of construction projects on account of rapid urbanization taking place across countries such as Saudi Arabia and United Arab Emirates (UAE). In addition, rising oil & gas exploration activities are projected to further fuel product demand over the coming years.
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 workshops and training programs on tool use and safety
- Proliferation of online resources that provide tips on tool selection and usage
- Advances in tool design and manufacturing that make them more durable, ergonomic, and efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Tool Hammer Market Research Report
By Type
Claw Hammer, Octagonal Hammer, Others
By Application
Camping, Scientific Expedition, Rescue, Others
By Companies
Estwing, Vaughan Manufacturing, Stiletto Tools, Stanley, Faithfull Tools, Picard, Henry Cheney
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Tool Hammer Market Report Segments:
The global Tool Hammer market is segmented on the basis of:
Types
Claw Hammer, Octagonal Hammer, 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
Camping, Scientific Expedition, Rescue, 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:
- Estwing
- Vaughan Manufacturing
- Stiletto Tools
- Stanley
- Faithfull Tools
- Picard
- Henry Cheney
Highlights of The Tool Hammer 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:
- Claw Hammer
- Octagonal Hammer
- Others
- By Application:
- Camping
- Scientific Expedition
- Rescue
- 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 Hammer 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 Hammer is a software that helps you to create and manage your projects more efficiently. It provides an easy way to keep track of tasks, deadlines, and resources so you can stay on schedule. Tool Hammer also makes it easy to share project information with other team members.
Some of the major players in the tool hammer market are Estwing, Vaughan Manufacturing, Stiletto Tools, Stanley, Faithfull Tools, Picard, Henry Cheney.
The tool hammer 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 Tool Hammer 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 Hammer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tool Hammer 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 Hammer 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 Hammer Market Size & Forecast, 2018-2028
4.5.1 Tool Hammer Market Size and Y-o-Y Growth
4.5.2 Tool Hammer Market Absolute $ Opportunity
Chapter 5 Global Tool Hammer 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 Hammer Market Size Forecast by Type
5.2.1 Claw Hammer
5.2.2 Octagonal Hammer
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tool Hammer 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 Hammer Market Size Forecast by Applications
6.2.1 Camping
6.2.2 Scientific Expedition
6.2.3 Rescue
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tool Hammer 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 Hammer 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 Hammer Analysis and Forecast
9.1 Introduction
9.2 North America Tool Hammer 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 Hammer Market Size Forecast by Type
9.6.1 Claw Hammer
9.6.2 Octagonal Hammer
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 Hammer Market Size Forecast by Applications
9.10.1 Camping
9.10.2 Scientific Expedition
9.10.3 Rescue
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 Hammer Analysis and Forecast
10.1 Introduction
10.2 Europe Tool Hammer 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 Hammer Market Size Forecast by Type
10.6.1 Claw Hammer
10.6.2 Octagonal Hammer
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 Hammer Market Size Forecast by Applications
10.10.1 Camping
10.10.2 Scientific Expedition
10.10.3 Rescue
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 Hammer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tool Hammer 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 Hammer Market Size Forecast by Type
11.6.1 Claw Hammer
11.6.2 Octagonal Hammer
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 Hammer Market Size Forecast by Applications
11.10.1 Camping
11.10.2 Scientific Expedition
11.10.3 Rescue
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 Hammer Analysis and Forecast
12.1 Introduction
12.2 Latin America Tool Hammer 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 Hammer Market Size Forecast by Type
12.6.1 Claw Hammer
12.6.2 Octagonal Hammer
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 Hammer Market Size Forecast by Applications
12.10.1 Camping
12.10.2 Scientific Expedition
12.10.3 Rescue
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 Hammer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tool Hammer 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 Hammer Market Size Forecast by Type
13.6.1 Claw Hammer
13.6.2 Octagonal Hammer
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 Hammer Market Size Forecast by Applications
13.10.1 Camping
13.10.2 Scientific Expedition
13.10.3 Rescue
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 Hammer Market: Competitive Dashboard
14.2 Global Tool Hammer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Estwing
14.3.2 Vaughan Manufacturing
14.3.3 Stiletto Tools
14.3.4 Stanley
14.3.5 Faithfull Tools
14.3.6 Picard
14.3.7 Henry Cheney
