Market Overview:
The global tool handles 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 hand tools, especially in developing countries. In addition, the growing construction and automotive industries are also contributing to the growth of this market. The global tool handles market is segmented on the basis of type, application, and region. On the basis of type, it is divided into plastic, rubber, wooden, and metal handles. The plastic handle segment dominates this market owing to its properties such as durability and resistance against corrosion. On account of their lightweight nature and easy grip feature rubber handles are witnessing high demand from end-use industries such as automotive and construction sectors across regions worldwide.
Product Definition:
A tool handle is a part of a tool that is held in the hand while the tool is being used. It provides grip and leverage. Tool handles are often made of wood, plastic, or metal.
Plastic:
Plastic is a durable, versatile, lightweight material that can be molded into various shapes and colors. It has been used in the manufacturing of products ranging from toothbrushes to automobiles. The most commonly used plastics are polyethylene (PE), polypropylene (PP), polystyrene (PS), high impact Polystyrene (PS) and low-density Polyethylene (LDPE).
Rubber:
Rubber is a versatile material that can be molded, extruded or cut to produce a wide range of products. It has the ability to withstand high temperatures and provide excellent grip. Rubber also provides resistance against water, oil and chemicals which makes it suitable for tool handles market as well. The major application areas of rubber include tires, footwear, automotive components (hoses & cables), mats & flooring and medical devices among others.
Application Insights:
The others application segment includes screwdrivers, knives, files and other tools. The global tool handles market for other tools is expected to witness the highest growth over the forecast period owing to increasing demand for various types of hand tools from construction and automotive industries.
Hammer was the largest revenue-generating segment in 2017 due to high product demand in this industry. Increasing use of metal hammer with rubber handle provides better grip while using it which results in higher product demand across various applications such as home improvement and construction industries.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The region has been witnessing strong economic growth over the past few years on account of increasing industrial output and rising foreign investments in manufacturing facilities and distribution centers. Rapid urbanization, growing population, improving standards of living, and expanding middle class are some major factors driving product demand in this region.
The Asia Pacific was followed by Europe which accounted for 24% share in 2017 owing to high product adoption across various application segments including hand tools such as wrenches, pliers & tongs among others driven by rapidly developing construction industry especially residential sector coupled with automotive production levels particularly Germany’s Volkswagen Group; upsurge at Daimler AG; Mercedes Benz Cars SAAB A/GmbH & Co.; Stuttgart plant expansion project; Audi A4 Sedan Quattro Plant Expansion Project etc.
Growth Factors:
- Increasing demand for hand tools in the automotive and construction industries
- Growing popularity of DIY projects and home improvement initiatives
- Proliferation of online retail platforms that offer a wide selection of tool handles at competitive prices
- Rising awareness about the benefits of ergonomic tool handles for reducing fatigue and improving productivity
- Technological advancements that result in the development of new and innovative tool handle designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Tool Handles Market Research Report
By Type
Plastic, Rubber, Wooden, Metal
By Application
Hammers, Wrenches, Clamps, Pliers, Others
By Companies
NUPLA, Little Shavers Wood Carving Supply, Trent Bosch Tools, Maine Wood Concepts, CS Unitec, Inc, Blue Spruce, Monroe, Woodchuckers, Wolf Garten, Faithfull Quality Tools, Taylor Toolworks
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Tool Handles Market Report Segments:
The global Tool Handles market is segmented on the basis of:
Types
Plastic, Rubber, Wooden, Metal
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
Hammers, Wrenches, Clamps, Pliers, 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:
- NUPLA
- Little Shavers Wood Carving Supply
- Trent Bosch Tools
- Maine Wood Concepts
- CS Unitec, Inc
- Blue Spruce
- Monroe
- Woodchuckers
- Wolf Garten
- Faithfull Quality Tools
- Taylor Toolworks
Highlights of The Tool Handles 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
- Rubber
- Wooden
- Metal
- By Application:
- Hammers
- Wrenches
- Clamps
- Pliers
- 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 Handles 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 handles are the hand grips that are attached to a tool, such as a wrench or hammer.
Some of the major companies in the tool handles market are NUPLA, Little Shavers Wood Carving Supply, Trent Bosch Tools, Maine Wood Concepts, CS Unitec, Inc, Blue Spruce, Monroe, Woodchuckers, Wolf Garten, Faithfull Quality Tools, Taylor Toolworks.
The tool handles market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tool Handles 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. Tool Handles Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tool Handles Market - Supply Chain
4.5. Global Tool Handles Market Forecast
4.5.1. Tool Handles Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tool Handles Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tool Handles Market Absolute $ Opportunity
5. Global Tool Handles 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. Tool Handles Market Size and Volume Forecast by Type
5.3.1. Plastic
5.3.2. Rubber
5.3.3. Wooden
5.3.4. Metal
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tool Handles 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. Tool Handles Market Size and Volume Forecast by Application
6.3.1. Hammers
6.3.2. Wrenches
6.3.3. Clamps
6.3.4. Pliers
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tool Handles 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. Tool Handles 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 Tool Handles 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. Tool Handles 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 Tool Handles Demand Share Forecast, 2019-2026
9. North America Tool Handles 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 Tool Handles 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 Tool Handles Market Size and Volume Forecast by Application
9.4.1. Hammers
9.4.2. Wrenches
9.4.3. Clamps
9.4.4. Pliers
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tool Handles Market Size and Volume Forecast by Type
9.7.1. Plastic
9.7.2. Rubber
9.7.3. Wooden
9.7.4. Metal
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 Tool Handles Demand Share Forecast, 2019-2026
10. Latin America Tool Handles 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 Tool Handles 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 Tool Handles Market Size and Volume Forecast by Application
10.4.1. Hammers
10.4.2. Wrenches
10.4.3. Clamps
10.4.4. Pliers
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tool Handles Market Size and Volume Forecast by Type
10.7.1. Plastic
10.7.2. Rubber
10.7.3. Wooden
10.7.4. Metal
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 Tool Handles Demand Share Forecast, 2019-2026
11. Europe Tool Handles 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 Tool Handles 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 Tool Handles Market Size and Volume Forecast by Application
11.4.1. Hammers
11.4.2. Wrenches
11.4.3. Clamps
11.4.4. Pliers
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tool Handles Market Size and Volume Forecast by Type
11.7.1. Plastic
11.7.2. Rubber
11.7.3. Wooden
11.7.4. Metal
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 Tool Handles Demand Share, 2019-2026
12. Asia Pacific Tool Handles 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 Tool Handles 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 Tool Handles Market Size and Volume Forecast by Application
12.4.1. Hammers
12.4.2. Wrenches
12.4.3. Clamps
12.4.4. Pliers
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tool Handles Market Size and Volume Forecast by Type
12.7.1. Plastic
12.7.2. Rubber
12.7.3. Wooden
12.7.4. Metal
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 Tool Handles Demand Share, 2019-2026
13. Middle East & Africa Tool Handles 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 Tool Handles 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 Tool Handles Market Size and Volume Forecast by Application
13.4.1. Hammers
13.4.2. Wrenches
13.4.3. Clamps
13.4.4. Pliers
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Tool Handles Market Size and Volume Forecast by Type
13.7.1. Plastic
13.7.2. Rubber
13.7.3. Wooden
13.7.4. Metal
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 Tool Handles Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tool Handles Market: Market Share Analysis
14.2. Tool Handles Distributors and Customers
14.3. Tool Handles Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NUPLA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Little Shavers Wood Carving Supply
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trent Bosch Tools
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maine Wood Concepts
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CS Unitec, Inc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Blue Spruce
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Monroe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Woodchuckers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wolf Garten
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Faithfull Quality Tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Taylor Toolworks
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
