Household and DIY Hand Tools Market Size, Share, Growth Report 2028

The global household and DIY hand tools market grew by approximately USD 22.36 billion in 2021 and is expected to grow by approximately USD 32.67 billion by 2028, at a compound annual growth rate (CAGR) of nearly 4.5%during the forecast period.

Household and DIY Hand Tools Market: Overview

Any tool that is powered by hand rather than a motor is considered a hand tool. Pliers, wrenches, cutters, screwdrivers, striking tools, hammering tools, vises, saws, clamps, knives, drills, and other hand tools are examples of DIY and household tools. Outdoor tools include things like garden forks, rakes, and pruning shakes. The importance of these instruments is growing as urbanisation and development projects expand.

The global demand for infrastructure development and rapid urbanisation is constantly increasing. All major governments have been seen investing in infrastructure development and making necessary industry investments to support such improvements. Infrastructure development projects include roads, railroads, airports, utilities, energy, and commercial and residential structures. Construction projects in the United States, China, India, and Japan are having an impact on infrastructure development and are expected to grow rapidly in the coming years. As the demands of the construction industry change, the demand for hand tools rises, and hand tool manufacturers may be seen focusing on improving their products to meet the demand.

Household and DIY Hand Tools Market: Segmentation

The global household and DIY hand tools market is divided into three segments: type, application, and region. The market is divided into four categories: metal cutting tools, taps and dies, layout and measuring tools, and general-purpose tools. The market is divided into application segments such as household appliances, IT telecommunications, entertainment consumer electronics, and others.

Recent Developments

In March 2021, Klein Tools, Inc. released the Slain Lineman Memorial Knife, a limited-edition knife commemorating the lives of fallen utility line workers.

Klein Tools, Inc. released the Klein-Kurve Wire Stripper/Cutter in February 2021, a durable stamped wire remover with six strip holes and shear blades for cutting, as well as a pleasant grip and enhanced lock.

Klein Tools, Inc. has launched two new extensible screwdrivers that may be used as both multi-bit screwdrivers and impact driver attachments, with onboard bit storage and precise control.

Household and DIY Hand Tools Market: Competitive Landscape
Major players operating in the global household and DIY hand tools market include Snap-On Incorporated., Akar Tools Limited, Stanley Black and Decker, Wera Tools, Techtronic Industries Co. Ltd., Apex Tool Group, JCBL India, Klein Tools Inc., Emerson Electric Co, and Channellock, Inc.

Global household and DIY hand tools market is segmented as follows:

By Type

General Purpose Tools
Metal Cutting Tools
Layout and Measuring Tools
Taps and Dies
By Application

Household Appliances
Entertainment and Consumer Electronics
IT Telecommunications
Others
By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East Africa
GCC
South Africa
Rest of Middle East Africa