Market Overview:
The global tool kits 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 portable and handy tools, which helps in easy and quick handling of tasks. In addition, the growing industrial sector is also fueling the demand for tool kits across different applications. Based on type, the stationary toolboxes segment is expected to lead the global tool kits market during the forecast period from 2018 to 2030. This can be attributed to their high durability and robustness that makes them suitable for heavy-duty use in industries such as construction and manufacturing.
Product Definition:
A tool kit is a collection of tools, supplies and equipment that may be used for a particular purpose. The importance of tool kits varies depending on the situation. In some cases, having a tool kit on hand can make it easier to complete a task or repair an item. In other cases, having a tool kit may be necessary to complete the task at hand.
Stationary Toolboxes:
Stationary toolboxes are a collection of tools and equipment that are used for a specific task or job. They can be categorized into two types, firstly the type where the work is done at one location such as an office; secondly on-the-job type which includes jobs like construction work, repair works etc. The market for stationary toolboxes is driven by factors such as growing demand from various sectors including automotive industry, electronics industry and medical sector among others.
Roll-Around Toolbox:
The global roll-around toolbox is a collection of tools, which are stored in a compact form and can be used for various purposes. The main objective of this product is to provide the user with more storage space in their vehicle. It also helps to keep the passenger and driver safe during road works or any other similar activities where there is a high probability of an accident.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. The increasing demand for toolkits by end-use industries such as automobile, aerospace, and construction are expected to drive the demand further.
Stationary toolboxes accounted for a major market share in terms of revenue generation among all applications in 2017. These stationary toolboxes offer easy access to tools required during assembly, disassembly and maintenance of various machines including computers, laptops & tablets, household appliances along with other stationary equipment at home or office workplaces. These boxes provide storage facilities along with rolling convenience which aids in easy transportation from one place to another thereby driving its demand globally over the forecast period.
The combination of workbench.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to increasing demand for heavy machinery in various industries and rapid industrialization in developing economies such as China, India, and Japan. Furthermore, rising government initiatives towards infrastructure development are anticipated to fuel the demand for construction equipment which will further propel the toolbox industry growth over the forecast period.
The Asia Pacific region is home to several rapidly expanding industries including oil & gas, mining & metals, power generation/electricity distribution sectors wherein large scale investments are being carried out on a regular basis which require maintenance of heavy machinery equipment requiring stationary toolboxes or rolling toolboxes with associated accessories such as jacks and dollies. This factor is also likely drive regional market growth over next eight years.
Growth Factors:
- Increasing demand for hand tools in the automotive and construction industries
- Growing popularity of do-it-yourself (DIY) projects among homeowners
- Proliferation of online tool retailers that offer competitive prices and a wide selection of products
- Rising number of women entering the workforce, which is driving demand for portable tool kits
- Increased spending on home improvement and renovation projects
Scope Of The Report
Report Attributes
Report Details
Report Title
Tool Kits Market Research Report
By Type
Stationary Toolboxes, Roll-Around Toolbox, Combination of Workbench and Rolling Toolboxes, Truck-Mounted Toolboxes, Hand-Carry Toolboxes
By Application
Industray Production, Maintenance of Machine, Others
By Companies
Snapon, Redboxaviation, Henchman, Pricelessaviation, POOLEYS, Heamar, MSCdirect, Transair, Aviationspares, Spencer, Sonic, Proto, IATA, Bahco, Cornwell Tools, MAG Tools, Hitech, C.K Magma, Festool, Hilka Pro-craft, Teng Tools, WERA
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Tool Kits Market Report Segments:
The global Tool Kits market is segmented on the basis of:
Types
Stationary Toolboxes, Roll-Around Toolbox, Combination of Workbench and Rolling Toolboxes, Truck-Mounted Toolboxes, Hand-Carry Toolboxes
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
Industray Production, Maintenance of Machine, 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:
- Snapon
- Redboxaviation
- Henchman
- Pricelessaviation
- POOLEYS
- Heamar
- MSCdirect
- Transair
- Aviationspares
- Spencer
- Sonic
- Proto
- IATA
- Bahco
- Cornwell Tools
- MAG Tools
- Hitech
- C.K Magma
- Festool
- Hilka Pro-craft
- Teng Tools
- WERA
Highlights of The Tool Kits 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:
- Stationary Toolboxes
- Roll-Around Toolbox
- Combination of Workbench and Rolling Toolboxes
- Truck-Mounted Toolboxes
- Hand-Carry Toolboxes
- By Application:
- Industray Production
- Maintenance of Machine
- 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 Kits 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
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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?
Tool kits are a collection of tools and supplies that can be used for a variety of purposes. They may include items such as screws, nails, saws, hammers, and other construction materials.
Some of the major players in the tool kits market are Snapon, Redboxaviation, Henchman, Pricelessaviation, POOLEYS, Heamar, MSCdirect, Transair, Aviationspares, Spencer, Sonic, Proto, IATA, Bahco, Cornwell Tools, MAG Tools, Hitech, C.K Magma, Festool, Hilka Pro-craft, Teng Tools, WERA.
The tool kits market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Tool Kits 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 Kits Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Tool Kits Market - Supply Chain
4.5. Global Tool Kits Market Forecast
4.5.1. Tool Kits Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Tool Kits Market Size (000 Units) and Y-o-Y Growth
4.5.3. Tool Kits Market Absolute $ Opportunity
5. Global Tool Kits 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 Kits Market Size and Volume Forecast by Type
5.3.1. Stationary Toolboxes
5.3.2. Roll-Around Toolbox
5.3.3. Combination of Workbench and Rolling Toolboxes
5.3.4. Truck-Mounted Toolboxes
5.3.5. Hand-Carry Toolboxes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Tool Kits 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 Kits Market Size and Volume Forecast by Application
6.3.1. Industray Production
6.3.2. Maintenance of Machine
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Tool Kits 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 Kits 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 Kits 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 Kits 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 Kits Demand Share Forecast, 2019-2026
9. North America Tool Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
9.4.1. Industray Production
9.4.2. Maintenance of Machine
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Tool Kits Market Size and Volume Forecast by Type
9.7.1. Stationary Toolboxes
9.7.2. Roll-Around Toolbox
9.7.3. Combination of Workbench and Rolling Toolboxes
9.7.4. Truck-Mounted Toolboxes
9.7.5. Hand-Carry Toolboxes
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 Kits Demand Share Forecast, 2019-2026
10. Latin America Tool Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
10.4.1. Industray Production
10.4.2. Maintenance of Machine
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Tool Kits Market Size and Volume Forecast by Type
10.7.1. Stationary Toolboxes
10.7.2. Roll-Around Toolbox
10.7.3. Combination of Workbench and Rolling Toolboxes
10.7.4. Truck-Mounted Toolboxes
10.7.5. Hand-Carry Toolboxes
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 Kits Demand Share Forecast, 2019-2026
11. Europe Tool Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
11.4.1. Industray Production
11.4.2. Maintenance of Machine
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Tool Kits Market Size and Volume Forecast by Type
11.7.1. Stationary Toolboxes
11.7.2. Roll-Around Toolbox
11.7.3. Combination of Workbench and Rolling Toolboxes
11.7.4. Truck-Mounted Toolboxes
11.7.5. Hand-Carry Toolboxes
11.8. Basi 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 Kits Demand Share, 2019-2026
12. Asia Pacific Tool Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
12.4.1. Industray Production
12.4.2. Maintenance of Machine
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Tool Kits Market Size and Volume Forecast by Type
12.7.1. Stationary Toolboxes
12.7.2. Roll-Around Toolbox
12.7.3. Combination of Workbench and Rolling Toolboxes
12.7.4. Truck-Mounted Toolboxes
12.7.5. Hand-Carry Toolboxes
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 Kits Demand Share, 2019-2026
13. Middle East & Africa Tool Kits 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 Kits 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 Kits Market Size and Volume Forecast by Application
13.4.1. Industray Production
13.4.2. Maintenance of Machine
13.4.3. 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 Kits Market Size and Volume Forecast by Type
13.7.1. Stationary Toolboxes
13.7.2. Roll-Around Toolbox
13.7.3. Combination of Workbench and Rolling Toolboxes
13.7.4. Truck-Mounted Toolboxes
13.7.5. Hand-Carry Toolboxes
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 Kits Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Tool Kits Market: Market Share Analysis
14.2. Tool Kits Distributors and Customers
14.3. Tool Kits Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Snapon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Redboxaviation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Henchman
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pricelessaviation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. POOLEYS
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Heamar
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. MSCdirect
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Transair
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aviationspares
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Spencer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sonic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Proto
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IATA
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Bahco
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Cornwell Tools
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. MAG Tools
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hitech
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. C.K Magma
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Festool
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Hilka Pro-craft
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
