Hitter Based Hand Tools Market

Increasing Focus on Do-It-Yourself Activities Is Driving the Hitter-Based Hand Tools Market

Globally, the hitter-based hand tools market is expected to grow with a CAGR of 5.5% during the forecast period from 2019 to 2027. Hand tools are those that require manual efforts when being handled rather than using some energy or motor. Therefore, these tools are largely used in household as well as industrial applications. Furthermore, people across the globe are moving towards doing things on their own since the emergence of the concept of D.I.Y. (do-it-yourself). Therefore, increasing home-based activities in construction, landscaping, and so on are largely driving the adoption of hitter-based hand tools across the globe.

Furthermore, the growing rate of production of hand tools, increasing consumer base in emerging economies, and increasing adoption of online marketing, sales, and distributing channels are some of the factors fueling the growth of hitter based hand tools market. Moreover, changing consumer preferences and development in manufacturing methodologies enable providers to offer innovative products through various distribution channels. However, the availability of machines that can do the same work as hand tools with minimum effort, increasing automation, and growing industrialization are some factors restraining the growth of this market during the forecast period.

Market Synopsis

Shovels Segment Dominated the Global Market

Based on product type, the hitter-based hand tools market is segmented into shovels, hammers, mallets, axes, and crowbars. The shovels held a maximum market share of around 30% in 2018. Factors such as the increasing popularity of home activities such as gardening and commercial and residential landscaping are primarily driving the demand for shovels across the globe. Furthermore, increasing construction activities drive the adoption of hammers and axes in residential and commercial sectors.

Asia-pacific To Witness a Fastest Growth in the Market by Region

In 2018, North America led the global hitter-based hand tools market by holding a market share of over 38% of the total revenue generated. The increasing dominance of D.I.Y. activities, growing production capabilities of local manufacturers, and rapid industrialization and product innovation are some factors attributed to the prominent market position in the global industry. Asia-Pacific and European countries are likely to grow at a significant CAGR during the forecast period as the agriculture sector is prominent in these regions.

Some of the prominent players operating in the hitter-based hand tools market include Stanley Black & Decker, Inc., Apex Tool Group L.L.C., Snap-on Incorporated, Q.E.P. Co., Inc., Vaughan &, Bushnell Manufacturing, Estwing Manufacturing Company Incorporated, The AMES Companies, Inc., A.B.C. Hammers, Inc., Techtronic Industries Co. Ltd., and Hardcore Hammers.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The hitter-based hand tools market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global hitter-based hand tools market based on product type, application, and geography. Key segments covered in the report are as follows:

Segmentation Product Type Segment (2017–2027; US$ Bn)

•  Hammers
•  Mallets
•  Axes
•  Shovels
•  Crowbars

End User (2017–2027; US$ Bn)

•  Household & D.I.Y.
•  Construction
•  Woodworking & Framing
•  Manufacturing & Fitting
•  Mining
•  Forestry & Agriculture
•  Rescue Management

Geography Segment (2017–2027; US$ Bn)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
  • UK.
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-east Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

Unique data points of this report

• Statistics on hitter-based hand tools penetration and spending worldwide
• Recent trends across different regions in adopting hitter-based hand tools for various applications exist.
• Notable developments going on in hitter based hand tools market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global HBHT
2.2 Global HBHT Market, By Type
2.3 Global HBHT Market, By Application
2.4 Global HBHT Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global HBHT Market Revenue and Growth, 2019 – 2027, (US$ Bn) (%)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Hitter Based Hand Tools (HBHT) Market Analysis, by Type
4.1 Overview
4.2 Hammers
4.3 Mallets
4.4 Axes
4.5 Shovels
4.6 Crowbars

Chapter 5 Global Hitter Based Hand Tools (HBHT) Market Analysis, By Application
5.1 Overview
5.2 Household & DIY
5.3 Construction
5.4 Woodworking & Framing
5.5 Manufacturing & Fitting
5.6 Mining
5.7 Forestry & Agriculture
5.8 Rescue Management

Chapter 6 North America Hitter Based Hand Tools (HBHT) Market Analysis
6.1 Overview
6.2 North America HBHT Market Analysis, By Type, 2019 – 2027
6.2.1 Comparative Analysis
6.3 North America HBHT Market Analysis, By Application, 2019 – 2027
6.3.1 Comparative Analysis
6.4 North America HBHT Market Analysis, By Region, 2019 – 2027
6.4.1 U.S.
6.4.1.1 U.S. HBHT Market Analysis, By Type, 2019 – 2027
6.4.1.2 U.S. HBHT Market Analysis, By Application, 2019 – 2027
6.4.2 Canada
6.4.2.1 Canada HBHT Market Analysis, By Type, 2019 – 2027
6.4.2.2 Canada HBHT Market Analysis, By Application, 2019 – 2027

Chapter 7 Europe Hitter Based Hand Tools (HBHT) Market Analysis
7.1 Overview
7.2 Europe HBHT Market Analysis, By Type, 2019 – 2027
7.2.1 Comparative Analysis
7.3 Europe HBHT Market Analysis, By Application, 2019 – 2027
7.3.1 Comparative Analysis
7.4 Europe HBHT Market Revenue, By Region, 2019 – 2027
7.4.1 U.K.
7.4.1.1 U.K. HBHT Market Analysis, By Type, 2019 – 2027
7.4.1.2 U.K. HBHT Market Analysis, By Application, 2019 – 2027
7.4.2 Germany
7.4.2.1 Germany HBHT Market Analysis, By Type, 2019 – 2027
7.4.2.2 Germany HBHT Market Analysis, By Application, 2019 – 2027
7.4.3 France
7.4.3.1 France HBHT Market Analysis, By Type, 2019 – 2027
7.4.3.2 France HBHT Market Analysis, By Application, 2019 – 2027
7.4.4 Rest of Europe
7.4.4.1 Rest of Europe HBHT Market Analysis, By Type, 2019 – 2027
7.4.4.2 Rest of Europe HBHT Market Analysis, By Application, 2019 – 2027

Chapter 8 Asia Pacific Hitter Based Hand Tools (HBHT) Market Analysis
8.1 Overview
8.2 Asia Pacific HBHT Market Analysis, By Type, 2019 – 2027
8.2.1 Comparative Analysis
8.3 Asia Pacific HBHT Market Analysis, By Application, 2019 – 2027
8.3.1 Comparative Analysis
8.4 Asia Pacific HBHT Market Revenue, By Region, 2019 – 2027
8.4.1 China
8.4.1.1 China HBHT Market Analysis, By Type, 2019 – 2027
8.4.1.2 China HBHT Market Analysis, By Application, 2019 – 2027
8.4.2 Japan
8.4.2.1 Japan HBHT Market Analysis, By Type, 2019 – 2027
8.4.2.2 Japan HBHT Market Analysis, By Application, 2019 – 2027
8.4.3 Rest of Asia Pacific
8.4.3.1 Rest of Asia Pacific HBHT Market Analysis, By Type, 2019 – 2027
8.4.3.2 Rest of Asia Pacific HBHT Market Analysis, By Application, 2019 – 2027

Chapter 9 Rest of the World (RoW) Hitter Based Hand Tools (HBHT) Market Analysis
9.1 Overview
9.2 RoW HBHT Market Analysis, By Type, 2019 – 2027
9.2.1 Comparative Analysis
9.3 RoW HBHT Market Analysis, By Application, 2019 – 2027
9.3.1 Comparative Analysis
9.4 RoW HBHT Market Revenue, By Region, 2019 – 2027
9.4.1 Middle East & Africa (MEA)
9.4.1.1 MEA HBHT Market Analysis, By Type, 2019 – 2027
9.4.1.2 MEA HBHT Market Analysis, By Application, 2019 – 2027
9.4.2 Latin America
9.4.2.1 Latin America HBHT Market Analysis, By Type, 2019 – 2027
9.4.2.2 Latin America HBHT Market Analysis, By Application, 2019 – 2027

Chapter 10 Company Profiles
10.1 Stanley Black & Decker
10.2 Apex Tool Group LLC
10.3 Snap-on Incorporated
10.4 Q.E.P. Co.
10.5 Bushnell Manufacturing
10.6 Estwing Manufacturing Company Incorporated
10.7 The AMES Companies, Inc.
10.8 ABC Hammers, Inc.
10.9 Techtronic Industries Co. Ltd.
10.10 Hardcore Hammers

List of Figures

FIG. 1 Global Hitter Based Hand Tools (HBHT): Market Segmentation
FIG. 2 Global HBHT: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global HBHT Market, By Type, 2016 (US$ Bn)
FIG. 5 Global HBHT Market, By Application, 2016 (US$ Bn)
FIG. 6 Global HBHT Market, By Geography, 2016 (US$ Bn)
FIG. 7 Global HBHT Market Revenue and Growth, 2019 – 2027, (US$ Bn) (%)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key HBHT Vendors, 2016
FIG. 10 Global HBHT Market Revenue Contribution, By Type, 2016 & 2025 (%)
FIG. 11 Global Hammers Market Analysis, 2019 – 2027, (US$ Bn)
FIG. 12 Global Mallets Market Analysis, 2019 – 2027, (US$ Bn)
FIG. 13 Global Axes Market Analysis, 2019 – 2027, (US$ Bn)
FIG. 14 Global Shovels Market Analysis, 2019 – 2027, (US$ Bn)
FIG. 15 Global Crowbars Market Analysis, 2019 – 2027, (US$ Bn)
FIG. 16 Global HBHT Market Revenue Contribution, By Application, 2016 & 2025 (%)
FIG. 17 Global HBHT Market Revenue from Household & DIY, 2019 – 2027 (US$ Bn)
FIG. 18 Global HBHT Market Revenue from Construction , 2019 – 2027 (US$ Bn)
FIG. 19 Global HBHT Market Revenue from Woodworking & Framing, 2019 – 2027 (US$ Bn)
FIG. 20 Global HBHT Market Revenue from Manufacturing & Fitting , 2019 – 2027 (US$ Bn)
FIG. 21 Global HBHT Market Revenue from Mining, 2019 – 2027 (US$ Bn)
FIG. 22 Global HBHT Market Revenue from Forestry & Agriculture, 2019 – 2027 (US$ Bn)
FIG. 23 Global HBHT Market Revenue from Rescue Management, 2019 – 2027 (US$ Bn)
FIG. 24 North America HBHT Market Revenue, 2019 – 2027, (US$ Bn)
FIG. 25 Europe HBHT Market Revenue, 2019 – 2027, (US$ Bn)
FIG. 26 Asia Pacific HBHT Market Revenue, 2019 – 2027, (US$ Bn)
FIG. 27 RoW HBHT Market Revenue, 2019 – 2027, (US$ Bn

List of Tables

TABLE 1 Market Snapshot: Global Hitter Based Hand Tools (HBHT) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 5 North America HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 6 U.S. HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 7 U.S. HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 8 Canada HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 9 Canada HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 10 Europe HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 11 Europe HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 12 U.K. HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 13 U.K. HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 14 Germany HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 15 Germany HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 16 France HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 17 France HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 18 Rest of Europe HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 19 Rest of Europe HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 20 Asia Pacific HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 21 Asia Pacific HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 22 China HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 23 China HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 24 Japan HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 25 Japan HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 26 Rest of Asia Pacific HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 27 Rest of Asia Pacific HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 28 RoW HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 29 RoW HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 30 MEA HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 31 MEA HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 32 Latin America HBHT Market Revenue, By Type, 2019 – 2027 (US$ Bn)
TABLE 33 Latin America HBHT Market Revenue, By Application, 2019 – 2027 (US$ Bn)
TABLE 34 Stanley Black & Decker : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 35 Apex Tool Group LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 36 Snap-on Incorporated : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 37 Q.E.P. Co. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 38 Bushnell Manufacturing : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 39 Estwing Manufacturing Company Incorporated : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 40 The AMES Companies, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 41 ABC Hammers, Inc. : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 42 Techtronic Industries Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 43 Hardcore Hammers: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)