Market Overview:
The global ratchet tube cutter 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 ratchet tube cutters in commercial and household applications. In terms of type, the plastic pipe cutter segment is expected to grow at a higher CAGR than the metal pipe cutter segment during the forecast period. This can be attributed to the growing demand for plastic pipes in various applications, such as plumbing and irrigation systems, across different regions.
Product Definition:
A ratchet tube cutter is a tool that is used to cut tubes. It has a ratchet mechanism that allows the user to apply pressure while cutting. This ensures a clean and even cut every time. Ratchet tube cutters are important because they make it easy to get a clean, precise cut on tubes without having to use excessive force.
Plastic Pipe Cutter:
Plastic pipe cutter is a kind of cutting machine used to cut different types of plastic pipes such as PVC, PE, PP and other kinds of plastic pipes. It has an advantage over the hand tool method in which it does not require much force and can be operated by one person. Plastic pipe cutters are widely used for commercial purposes such as plumbing fittings & fixtures manufacturing companies or large scale industries that have their own supply chain system.
Metal Pipe Cutter:
Metal pipe cutter is used to cut metal pipes and it's mainly used in the oil & gas industry. Metal pipe cutter consists of two main parts, namely body and blade assembly. The body of the tool is made up of high strength steel or alloy material, which holds a number of blades together. These blades are mounted parallel to each other with their tips converging towards a central point that acts as a fulcrum for leverage during operation.
Application Insights:
The commercial application segment dominated the global market in 2017. The growth of this segment is attributed to the increasing number of construction projects and initiatives undertaken by governments across the world. For instance, according to a study published by UNCTAD in 2018, it was estimated that around USD 1.5 trillion worth construction activities were carried out globally from 2010 to 2015 which resulted in creating over 10 million jobs across developing countries during this period. Thus, rising demand for infrastructure development is expected to drive product demand over the forecast period.
Household applications include plumbing and electrical fittings among others which accounted for a significant share of revenue on account of growing urbanization coupled with rising disposable income levels among consumers especially in emerging markets such as China India and Brazil owing to rapid economic growth since 1980s when compared with developed countries such as U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of construction sites due to rapid urbanization and growing population, which is likely to drive demand for ratchet tube cutter during construction activities. In addition, increasing government spending on infrastructure development projects in countries such as China and India are expected to propel product demand over the next eight years.
The Asia Pacific market was followed by Europe with a revenue share of more than 20% in 2017 owing to high consumption of different types of pipes for water supply, gas transportation, oil & gas extraction among others across numerous industries including residential/commercial/industrial among others. North America accounted for a significant revenue share owing to rising investments from governments towards building new structures such as schools or colleges along with other commercial buildings thereby propelling product demand over the forecast period.
Growth Factors:
- Increasing demand for ratchet tube cutters in the automotive and aerospace industries due to their high precision and durability.
- Growing popularity of ratchet tube cutters among DIY enthusiasts and home handymen due to their ease of use and versatility.
- Rising demand for ratchet tube cutters from the plumbing industry as they are ideal for cutting copper, brass, aluminum, and other types of tubing quickly and easily.
- Increasing adoption of ratchet tube cutters in the electrical wiring industry as they help reduce installation time by up to 50%.
- Technological advancements that have led to the development of new models with enhanced features such as adjustable blade depth, quick-release mechanism, etc., which is expected to boost market growth in the coming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Ratchet Tube Cutter Market Research Report
By Type
Plastic Pipe Cutter, Metal Pipe Cutter
By Application
Commercial, Household
By Companies
Stanley, Apex Tool Group, Carl Kammerling International Ltd., Garant, GEDORE Tool Center KG, POWERMASTER, ROTHENBERGER, SAM OUTILLAGE, WIDOS Wilhelm Dommer Söhne GmbH
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Ratchet Tube Cutter Market Report Segments:
The global Ratchet Tube Cutter market is segmented on the basis of:
Types
Plastic Pipe Cutter, Metal Pipe Cutter
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
Commercial, Household
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
- Apex Tool Group
- Carl Kammerling International Ltd.
- Garant
- GEDORE Tool Center KG
- POWERMASTER
- ROTHENBERGER
- SAM OUTILLAGE
- WIDOS Wilhelm Dommer Söhne GmbH
Highlights of The Ratchet Tube Cutter 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 Pipe Cutter
- Metal Pipe Cutter
- By Application:
- Commercial
- Household
- 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 Ratchet Tube Cutter 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- 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?
Ratchet Tube Cutter is a tool that is used to cut tubes. It has a ratchet mechanism that allows it to rotate quickly and easily. This makes it easy to make precise cuts without having to use excessive force.
Some of the key players operating in the ratchet tube cutter market are Stanley, Apex Tool Group, Carl Kammerling International Ltd., Garant, GEDORE Tool Center KG, POWERMASTER, ROTHENBERGER, SAM OUTILLAGE, WIDOS Wilhelm Dommer SƒÂ¶hne GmbH.
The ratchet tube cutter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ratchet Tube Cutter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ratchet Tube Cutter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ratchet Tube Cutter Market - Supply Chain
4.5. Global Ratchet Tube Cutter Market Forecast
4.5.1. Ratchet Tube Cutter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ratchet Tube Cutter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ratchet Tube Cutter Market Absolute $ Opportunity
5. Global Ratchet Tube Cutter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ratchet Tube Cutter Market Size and Volume Forecast by Type
5.3.1. Plastic Pipe Cutter
5.3.2. Metal Pipe Cutter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ratchet Tube Cutter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ratchet Tube Cutter Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Household
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ratchet Tube Cutter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ratchet Tube Cutter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ratchet Tube Cutter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ratchet Tube Cutter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ratchet Tube Cutter Demand Share Forecast, 2019-2026
9. North America Ratchet Tube Cutter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ratchet Tube Cutter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ratchet Tube Cutter Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Household
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ratchet Tube Cutter Market Size and Volume Forecast by Type
9.7.1. Plastic Pipe Cutter
9.7.2. Metal Pipe Cutter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ratchet Tube Cutter Demand Share Forecast, 2019-2026
10. Latin America Ratchet Tube Cutter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ratchet Tube Cutter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ratchet Tube Cutter Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Household
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ratchet Tube Cutter Market Size and Volume Forecast by Type
10.7.1. Plastic Pipe Cutter
10.7.2. Metal Pipe Cutter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ratchet Tube Cutter Demand Share Forecast, 2019-2026
11. Europe Ratchet Tube Cutter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ratchet Tube Cutter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ratchet Tube Cutter Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Household
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ratchet Tube Cutter Market Size and Volume Forecast by Type
11.7.1. Plastic Pipe Cutter
11.7.2. Metal Pipe Cutter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ratchet Tube Cutter Demand Share, 2019-2026
12. Asia Pacific Ratchet Tube Cutter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ratchet Tube Cutter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ratchet Tube Cutter Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Household
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ratchet Tube Cutter Market Size and Volume Forecast by Type
12.7.1. Plastic Pipe Cutter
12.7.2. Metal Pipe Cutter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ratchet Tube Cutter Demand Share, 2019-2026
13. Middle East & Africa Ratchet Tube Cutter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ratchet Tube Cutter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ratchet Tube Cutter Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Household
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ratchet Tube Cutter Market Size and Volume Forecast by Type
13.7.1. Plastic Pipe Cutter
13.7.2. Metal Pipe Cutter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ratchet Tube Cutter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ratchet Tube Cutter Market: Market Share Analysis
14.2. Ratchet Tube Cutter Distributors and Customers
14.3. Ratchet Tube Cutter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Apex Tool Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Carl Kammerling International Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Garant
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GEDORE Tool Center KG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. POWERMASTER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ROTHENBERGER
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SAM OUTILLAGE
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WIDOS Wilhelm Dommer Söhne GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
