“According to a market report by Lucintel, the future of the global hitter based hand tool market looks promising with opportunities in the household and DIY, construction, woodworking & framing, manufacturing & fitting, mining, forestry and agriculture, and rescue management markets. The global hitter based hand tool market is expected to reach an estimated $0.6 billion by 2030 with a CAGR of 3.2% from 2024 to 2030. The major drivers for this market are growing number of home-based activities, various small-scale construction and landscaping projects and on-going technological advancements in the manufacturing process globally.
A more than 150 – page report is developed to understand Trends, opportunities, and forecast for the global hitter based hand tool market to 2030 by type (hammers, mallets, axes, shovels, and crowbars), sales channel (bulk distributer sales, retail sales, and online sales), application (household and DIY, construction, woodworking & framing, manufacturing & fitting, mining, forestry and agriculture, and rescue management), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, hammers, mallets, axes, shovels, and crowbars are the major segments of hitter based hand tool market by type. Lucintel forecasts that hammer segment is expected to witness the highest growth over the forecast period.
Within this market, construction will remain the largest segment.
APAC is expected to witness the highest growth over the forecast period.
Techtronic Industries, Stanley Black & Decker, Snap-On Incorporated, Apex Tool Group, Q.E.P., Vaughan Manufacturing, The Ames Companies, Abc Hammers, Hardcore Hammers, and Isotools are the major suppliers in the hitter based hand tool market.
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“This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
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Contact Information:
Roy Almaguer Lucintel Dallas, Texas, USA Email: [email protected] Tel. 972.636.5056
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