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Jul 12, 2019 6:15 AM ET

GLOBAL DIY TOOLS MARKET 2019 SHARE, GROWTH, SALES, TRENDS, SUPPLY, KEY PLAYERS & FORECAST TO 2025


iCrowd Newswire - Jul 12, 2019

WiseGuyReports have announced the addition of a new report titled “Global DIY Tools Market Insights, Forecast to 2025”.

Global DIY Tools market 2019-2025 

The global DIY Tools market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives of this study are to define, segment, and project the size of the DIY Tools market based on company, product type, end user and key regions. DIY home improvement stands as a key segment of the DIY market, and it accounts for the largest share of the global DIY market. Home improvement involves renovating or remodeling one’s home. Although the practice of DIY is quite common in the Western regions, the market is slowly picking up in the emerging regions such as APAC and MEA. In Europe, DIY is widely practiced across the region. In countries like Germany and France, people are quite confident in engaging in DIY projects, enjoying it as a hobby.

The exponential increase in the presence of retail stores such as hypermarkets, supermarkets, and specialty stores offering different DIY products, is the key driver responsible for the growth of the DIY tools market. The growing number of stores have compelled retailers to constantly come up with new ideas and innovative products for better user engagement. For instance, Home Depot offers various DIY projects and ideas allowing customers to perform DIY tasks by watching videos easily. It also offers suggestions on the type of tools that can be used to perform these activities.

Global Market Outline: DIY Tools Market

Customer satisfaction is of paramount importance. Hence, the consumer micro-segmentation also assisting to develop masstige market is prompting the consumer goods industry growth. For example, a New Zealand-based dairy company, Fonterra, returns in the Indian market, taking the value-added product route, as it chose to work with Amul and Mother Dairy, those dominate in the packet milk segment. The soaring utility of durable, non-durable, and services is escalating the growth of all markets trading in consumer goods. The surging need for all types of consumer goods coupled with technical advancements like employing artificial intelligence and Internet of Things for an efficient supply chain is fostering the consumer goods market growth.

Request Free Sample Report at https://www.wiseguyreports.com/sample-request/4127222-global-diy-tools-market-insights-forecast-to-2025

The key players covered in this study

Makita

Robert Bosch

Stanley Black & Decker

Techtronic

Atlas Copco

Baier

Casal Power Tools

Craftsman

Hitachi Koki

Husqvarna

IRWIN TOOLS

Klein

Snap-on

In this study, the years considered to estimate the market size of DIY Tools are as follows:

History Year: 2013-2017

Base Year: 2017

Estimated Year: 2019

Forecast Year 2019 to 2025

Latest update on DIY Tools Market

Customer satisfaction is of paramount importance. Hence, the consumer micro-segmentation also assisting to develop masstige market is prompting the consumer goods industry growth. For example, a New Zealand-based dairy company, Fonterra, returns in the Indian market, taking the value-added product route, as it chose to work with Amul and Mother Dairy, those dominate in the packet milk segment. The soaring utility of durable, non-durable, and services is escalating the growth of all markets trading in consumer goods. The surging need for all types of consumer goods coupled with technical advancements like employing artificial intelligence and Internet of Things for an efficient supply chain is fostering the consumer goods market growth.

Market segment by Type, the product can be split into

DIY power tools

DIY hand tools

DIY decorative tools

Market segment by Application, split into

DIY stores

Speciality stores

Furniture stores

Online

Market segment by Regions/Countries, this report covers

United States

Europe

China

Japan

Southeast Asia

India

Central & South America

Market size by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Spain

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

View Detailed Report at https://www.wiseguyreports.com/reports/4127222-global-diy-tools-market-insights-forecast-to-2025

The revised regulation norms by esteemed organizations for new product approval are promoting improved safety standards, which is garnering customer loyalty. Furthermore, spreading awareness about consumer rights is booming the consumer goods market. Venture capital-style incubators, consistent focus on health and wellness products, and partnering with the consumers are some dynamics that are broadening the consumer goods market. The growing population, subsequently increasing consumers, is fueling the consumer goods market growth. The increase in food consumption, rising need for domestic products, and surge in per capita income backed by growing world economy are pushing the growth of consumer goods industry. The growing trend for brand consciousness and uses of specialty products are attracting considerable consumer for a special purchase. These insights mentioned above help in concluding the growth curve for the consumer goods industry is far from saturation, and the future looks bright in the coming years.

The study objectives of this report are:

To study and analyze the global DIY Tools market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.

To understand the structure of DIY Tools market by identifying its various sub-segments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global DIY Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the DIY Tools with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of DIY Tools submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

1 Report Overview 

2 Global Growth Trends 

3 Market Share by Key Players 

4 Breakdown Data by Type and Application 

5 United States 

6 Europe 

7 China 

8 Japan 

9 Southeast Asia 

10 India 

11 Central & South America 

12 International Players Profiles 

13 Market Forecast 2018-2025 

14 Analyst’s Viewpoints/Conclusions

15 Appendix 

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

Contact Us:

NORAH TRENT                                                      

[email protected]       

Ph: +1-646-845-9349 (US)                          

Ph: +44 208 133 9349 (UK)        

 

 

Contact Information:

NORAH TRENT
[email protected]
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)









Tags:    Research Newswire, English