Market Overview:
The global trimming pliers market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the trimming pliers market can be attributed to the increasing demand for trimming pliers in hardware and renovation applications. Trimming pliers are used for various purposes such as cutting, gripping, and holding objects. They are available in different types such as C type pliers, flat bit tongs, and other types. The other type segment includes diagonal cutters, long nose Pliers, wire strippers/cutters etc. Trimming Plier is also known by other names such as side cutters or snips .
Product Definition:
Trimming pliers are a type of pliers that are specifically designed to trim excess wire. They have a thin, sharp blade on one end that can be used to cut the wire cleanly. Trimming pliers are important because they make it easy to trim excess wire without having to use a knife or other sharp object.
C Type Pliers:
C type pliers are used for general purpose work including light automotive repairs, small wire cutting and heavy-duty construction. C Type is the most popular trimming tool in the market owing to its features such as lightweight body, comfortable grip and easy handling. The growth factor of this product is due to its extensive usage by DIY enthusiasts in household applications such as furniture repair and maintenance work.
Flat Bit Tongs:
Flat bit tongs are used in pliers for small parts removal and precision tightening. The flat surface of the bit is designed to make contact with the screw or nut at an angle, which makes it easier to remove than round-shaped bits.
The two types of flat-bit tongs include spring loaded and non-spring loaded.
Application Insights:
Hardware application dominated the global trimming pliers market, accounting for more than 60.0% share of the total revenue in 2017. The product is widely used to trim excess metal after soldering or welding process on electrical and mechanical parts. It can also be used to cut wires, cables and string during renovation activities such as remodeling of old buildings or houses where antique furniture is kept. Other applications include automotive & industrial assembly line maintenance, machine repair and R&D centers where laboratory equipment needs precise adjustment for better performance of the equipment involved in a very fine wire meshwork or fabric work that requires extreme delicacy while handling it due to its high sensitivity towards wrinkles resulting into improper functioning leading to wastage of production cost incurred by manufacturers on developing new products with enhanced features which can overcome such challenges easily thereby driving the global trimming pliers market growth over next few years.
Regional Analysis:
Asia Pacific dominated the global trimming pliers market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for consumer electronics, automobiles, and other metal components. In addition, rising construction activities are also anticipated to drive the regional market growth over the forecast period.
The growing automotive industry in Europe has led major players such as Stanley Black & Decker (SWD) and Hilti (TYH1) expand their product portfolio with innovative tools such as trimmers that help workers perform various tasks more efficiently. Moreover, these companies have also established strong distribution channels across Europe which enables them to reach out directly to end-users at a relatively lower price compared with branded retail prices prevailing outside of the region’s borders.
Growth Factors:
- Increasing demand for Trimming Pliers in the automotive and aerospace industries due to their precision and accuracy.
- Growing popularity of trimming pliers as a hobbyist tool owing to its easy-to-use design and versatility.
- Rising demand for electric trimming pliers from small businesses due to the increasing popularity of DIY projects among consumers.
- Technological advancements in the design of trimming pliers, making them more efficient and durable than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Trimming Pliers Market Research Report
By Type
C Type Pliers, Flat Bit Tongs, Other
By Application
Hardware, Renovate, Other
By Companies
Daiken Tools, SPERO, eWorldTrade, Wuerth, Wiha Tools, Stanley Black & Decker, Akar Tools Ltd., Snap-on Incorporated, Techtronic Industries, Bitburger Holding GmbH, Apex Tool Group, Klein 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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Trimming Pliers Market Report Segments:
The global Trimming Pliers market is segmented on the basis of:
Types
C Type Pliers, Flat Bit Tongs, 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
Hardware, Renovate, Other
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:
- Daiken Tools
- SPERO
- eWorldTrade
- Wuerth
- Wiha Tools
- Stanley Black & Decker
- Akar Tools Ltd.
- Snap-on Incorporated
- Techtronic Industries
- Bitburger Holding GmbH
- Apex Tool Group
- Klein Tools
Highlights of The Trimming Pliers 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:
- C Type Pliers
- Flat Bit Tongs
- Other
- By Application:
- Hardware
- Renovate
- Other
- 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 Trimming Pliers 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
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- Consumer Insights
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- Product & Brand Management
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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?
Trimming pliers are a type of tool used to remove small pieces of metal from objects. They typically have two curved jaws that fit around the object and are squeezed together to cut the metal.
Some of the major companies in the trimming pliers market are Daiken Tools, SPERO, eWorldTrade, Wuerth, Wiha Tools, Stanley Black & Decker, Akar Tools Ltd., Snap-on Incorporated, Techtronic Industries, Bitburger Holding GmbH, Apex Tool Group, Klein Tools.
The trimming pliers 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 Trimming Pliers 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 Trimming Pliers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Trimming Pliers 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 Trimming Pliers 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 Trimming Pliers Market Size & Forecast, 2020-2028
4.5.1 Trimming Pliers Market Size and Y-o-Y Growth
4.5.2 Trimming Pliers 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 C Type Pliers
5.2.2 Flat Bit Tongs
5.2.3 Other
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 Hardware
6.2.2 Renovate
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Trimming Pliers 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 Trimming Pliers 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 C Type Pliers
9.6.2 Flat Bit Tongs
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 Market Size Forecast by Applications
9.10.1 Hardware
9.10.2 Renovate
9.10.3 Other
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 C Type Pliers
10.6.2 Flat Bit Tongs
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 Market Size Forecast by Applications
10.10.1 Hardware
10.10.2 Renovate
10.10.3 Other
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 C Type Pliers
11.6.2 Flat Bit Tongs
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 Market Size Forecast by Applications
11.10.1 Hardware
11.10.2 Renovate
11.10.3 Other
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 C Type Pliers
12.6.2 Flat Bit Tongs
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 Market Size Forecast by Applications
12.10.1 Hardware
12.10.2 Renovate
12.10.3 Other
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 C Type Pliers
13.6.2 Flat Bit Tongs
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) Market Size Forecast by Applications
13.10.1 Hardware
13.10.2 Renovate
13.10.3 Other
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 Trimming Pliers Market: Competitive Dashboard
14.2 Global Trimming Pliers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Daiken Tools
14.3.2 SPERO
14.3.3 eWorldTrade
14.3.4 Wuerth
14.3.5 Wiha Tools
14.3.6 Stanley Black & Decker
14.3.7 Akar Tools Ltd.
14.3.8 Snap-on Incorporated
14.3.9 Techtronic Industries
14.3.10 Bitburger Holding GmbH
14.3.11 Apex Tool Group
14.3.12 Klein Tools
