What is Hardware Tool Boxes Market?
The toolbox also known as a tool kit, tool chest or work box is a box which is used to store and carry hardware or electric tools. It also helps to organize smaller parts and accessories. The toolbox is mostly made up of metal or plastic. The content of toolboxes is likely to vary according to the need owner.
The market study is being classified by Type (Hand Tools, Electrical Tools, Fasteners and Seals and Other), by Application (Hardware Tools Save, Hardware Tools Category, Hardware Tools Carry and Other) and major geographies with country level break-up.
Matco Tools (United States), Stanley (United States), Knapheide (United States), Buyers Products Company (United States), Sata (United States), Bosch (Germany), Pro’s Kit (United States) and Endura-Greenlee Tools (China) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are HuaFeng Big Arrow (China) and Hobo (United States).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Hardware Tool Boxes market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Hardware Tool Boxes market by Type, Application and Region.
On the basis of geography, the market of Hardware Tool Boxes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Penetration of Hardware Tool Boxes across Manufacturing Industries
- Rising Demand for Energy Efficient Manufacturing Operations
- Increasing Online Distribution of Hardware Tool Boxes
- Increasing Adoption of Automation in the Manufacturing industry
- Rising Demand From Various Applications in Emerging Countries
- Availability of Counterfeit Products
On 4 Feb 2019, Klein Tools, the premier hand tool brand among U.S. electricians, announced the acquisition of the Wattmaster and Alco brands, based in Carrum Downs, a suburb of Victoria, Melbourne, Australia. This acquisition is expected to strengthen the company’s hand tool offerings across Australia and other regions.
Key Target AudienceHardware Tool Boxe Manufacturers, Hardware Tool Boxe Raw Material Suppliers, Hardware Tool Boxe Distributors, Hardware Tool Boxe Importer/Exporter, Downstream Vendors and Industry Association