Hand Tool Manufacturing - IBISWorld Industry Market Research

Hand Tool Manufacturing

Hand Tool Manufacturing - IBISWorld Industry Market Research
Hand Tool Manufacturing
Published Feb 05, 2015
31 pages — Published Feb 05, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


The Hand Tool Manufacturing industry has exhibited a strong postrecessionary performance, as revenue growth has been consistent through the five years to 2015. The improving economic climate has facilitated a greater willingness by consumers to spend on home improvement projects. Over the next five years, the industry may be subject to slower demand from consumers, increased competition from foreign goods and elevated input costs for materials such as steel, aluminum, fiberglass and plastics. In general, the industry's products are built for an extended lifespan, and the replacement cycle for such tools is slow. Due to the industry's strong sales resurgence in the five years to 2015, consumers are expected to extend the useful life of their tools, limiting the need for newly manufactured hand tools in the five years to 2020.

This industry primarily manufactures hand tools, including mechanics' hand service tools, precision measuring tools, agricultural tools and woodcutting tools. This industry does not include power hand tools of any kind (electric or hydraulic).

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

Document ID
Report Type
US Special Collection
PDF Adobe Acrobat
Buy Now

IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

About the Author

Cite this Report

IBISWorld Industry Market Research. "Hand Tool Manufacturing" Feb 05, 2015. Alacra Store. Oct 24, 2016. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hand-Tool-Manufacturing-2042-3425>
IBISWorld Industry Market Research. (2015). Hand Tool Manufacturing Feb 05, 2015. New York, NY: Alacra Store. Retrieved Oct 24, 2016 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Hand-Tool-Manufacturing-2042-3425>
US$ 910.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.