Market Forecast by Application (Metal, Plastic, Wood and Others), by Product Type (Sanding, Polishing), By Countries (India, China, Japan, South Korea and Rest of Asia Pacific) and Competitive Landscape
Product Code: ETC054669 | Publication Date: Apr 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Asia Pacific electric sanding and polishing tools Marketย is expected to grow at a decent pace in the coming years on account of the increase in urbanization and rising construction activities with the increase in industrial production being the primary growth drivers in this industry. A sander, the polisher is a smoothening tool, which smoothโs the surfaces by wearing away the rough surfaces and giving a smooth finish and shape to surfaces and materials, by the use of sandpaper and polish. There is an increase in demand for construction activities as we can observe an increase in migration of rural population to urban cities in search of work and better growth in life. And we also observe the increase in the standard of living and rise in investments in interior decoration and home dรฉcor would mean that carpenters would use the sanders for smoothing the surfaces for smooth finishes. In addition to that, we see advances in technology and innovation in the furniture industry which brought the sanders to be used for perfection.ย As far as the restraints in the electric sanding and polishing tools market are concerned, in this region, there is anย adherence concern that is to be given to the grit by using in sander polishers, given that a low-grade grit would not polish the material whereas a high quality of sander would damage the material. The right skill to operate the machinery and the right type of sanding disc should be used. Otherwise, the operator could damage both the sander polisher and material. Dust i.e. silica created by the sander while polishing could harm the nearby people and even the polisher with serious respiratory diseases. Additionally, the high maintenance cost of electric sanders and polishing tools hamper its growth. And with the outbreak of the current COVID 19 pandemic has brought the manufacturing and automotive companies to stand still and this sector has been worst hit with the current pandemic situation as manufacturers of non-essential goods had to shut down their manufacturing facilities in compliance with the government norms for lockdown. COVID pandemic has played a spoilsport in Asia Pacificย electric sanding and polishing toolsย market as there is a decline in the automobile industry and migration of workers to their hometown halted the manufacturing activities. Job layoff due to this pandemic has impacted consumer spending on the home dรฉcor, infrastructure, and automobiles.
According to 6Wresearch, Asia Pacific (APAC) Electric Sanding And Polishing Tools Market size is anticipated to register growth during 2020-26.ย Asia Pacific region is the major contributor dominating Asia Pacificย electric sanding and polishing toolsย market during the forecast period. Mainly China, India, Japan are the key contributors to propelling this industry. This being due to the increase in rapid industrialization, and urbanization, in the above-mentioned countries had propelled the demand for sanders, polishersโ tools in the industry. And Increase in manufacturing activities, an increase in industrial production, growth in the automotive and construction industry has boosted the growth of this market in this region. The government approving for urban housing scheme to give a home for everyone would give the much-needed impetus for the growth in the construction industry and boost theย electric sanding and polishing toolsย market in this region. And we can see the increase in the automotive industry especially in China, Indonesia, Taiwan, and Japan could bring a spark in the eyes of the makers of these tools as this industry needs more of these tools. ย There was strict regulation from the government on the usage of silica in sanders has affected the employability and health of the operators of the machinery, and further restrains the demand and sales of the Asia Pacific sander and polishing tools, due to its harmful effects on the lives of the people surrounded by having serious respiratory problems.
Asia Pacific electric sanding and polishing tools market is segmented into product type and application. Based on the product type, Asia Pacificย electric sanding and polishing toolsย market is classified into sanding and polishing. In terms of application, Asia Pacificย electric sanding and polishing toolsย market can be classified into Metals, Plastics, Wood, others. The disc product type is the leading product in sander and polishing tools used for hard plating and ideal on wood and concrete to remove the various residues. This product type is projected to lead during this forecast period. And the construction industry is booming in the end-user segment due to its application in various activities like scrapping off the layers or smoothening the surface or giving perfect shape and finish to the wood and surfaces and improvement in financing in this industry has brought the advancement in technology, and innovation of these tools. Here areย some of theย key players in theย electric sanding and polishing toolsย market are Hitachi Ltd., JET Tools, Chicago Pneumatic, Desoutter Industrial Tools, The 3M Company, Milwaukee Tool, C. & E. Fein GmbH, Dynabrade, Axminster Tool Centre Ltd, Apex Tool Group, CS Unitec, Inc, SPARKY Power Tools GmbH, Robert Bosch GmbH, LLC and McQuillan Tools.
Asia Pacific electric sanding and polishing tools Market report thoroughly covers the market by Product Type, Applications, and countries including Indonesia, Japan, China, India, South Korea and the rest of Asia Pacific. The electric sanding and polishing tools market outlook report provides an unbiased and detailed analysis of the on-going Asia Pacific electric sanding and polishing tools Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to plan and align their market strategies consistent with the present and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Asia Pacific Electric Sanding and Polishing Market Overview |
3.1. Asia Pacific Country Macro Economic Indicators |
3.2. Asia Pacific Electric Sanding and Polishing Market Revenues, 2019 & 2026F |
3.3. Asia Pacific Electric Sanding and Polishing Market - Industry Life Cycle |
3.4. Asia Pacific Electric Sanding and Polishing Market - Porter's Five Forces |
3.5. Asia Pacific Electric Sanding and Polishing Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. Asia Pacific Electric Sanding and Polishing Market Revenue Share, By Application, 2019 & 2026F |
4. Asia Pacific Electric Sanding and Polishing Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Asia Pacific Electric Sanding and Polishing Market Trends |
6. Asia Pacific Electric Sanding and Polishing Market, By Product Type |
6.1. Asia Pacific Electric Sanding and Polishing Market, By Product Type |
6.1.1. Overview and Analysis |
6.1.2. Asia Pacific Electric Sanding and Polishing Market Revenues, By Sanding, 2016 - 2026F |
6.1.3. Asia Pacific Electric Sanding and Polishing Market Revenues, By Polishing, 2016 - 2026F |
6.2. Asia Pacific Electric Sanding and Polishing Market, By Application |
6.2.1. Overview and Analysis |
6.2.2. Asia Pacific Electric Sanding and Polishing Market Revenues, By Metal, 2016 - 2026F |
6.2.3. Asia Pacific Electric Sanding and Polishing Market Revenues, By Plastic, 2016 - 2026F |
6.2.4. Asia Pacific Electric Sanding and Polishing Market Revenues, By Wood, 2016 - 2026F |
6.2.5. Asia Pacific Electric Sanding and Polishing Market Revenues, By Others, 2016 - 2026F |
7. South Korea Electric Sanding and Polishing Market |
7.1. South Korea Electric Sanding and Polishing Market, By Product Type |
7.1. South Korea Electric Sanding and Polishing Market, By Application |
7.1. South Korea Electric Sanding and Polishing Market, By Regions |
8. India Electric Sanding and Polishing Market |
8.1. India Electric Sanding and Polishing Market, By Product Type |
8.1. India Electric Sanding and Polishing Market, By Application |
8.1. India Electric Sanding and Polishing Market, By Regions |
9. China Electric Sanding and Polishing Market |
9.1. China Electric Sanding and Polishing Market, By Product Type |
9.1. China Electric Sanding and Polishing Market, By Application |
9.1. China Electric Sanding and Polishing Market, By Regions |
10. Japan Electric Sanding and Polishing Market |
10.1. Japan Electric Sanding and Polishing Market, By Product Type |
10.1. Japan Electric Sanding and Polishing Market, By Application |
10.1. Japan Electric Sanding and Polishing Market, By Regions |
11. Rest of Asia Pacific Electric Sanding and Polishing Market |
11.1. Rest of Asia Pacific Electric Sanding and Polishing Market, By Product Type |
12. Asia Pacific Electric Sanding and Polishing Market Key Performance Indicators |
13. Asia Pacific Electric Sanding and Polishing Market - Opportunity Assessment |
13.1. Asia Pacific Electric Sanding and Polishing Market Opportunity Assessment, By Product Type, 2019 & 2026F |
13.2. Asia Pacific Electric Sanding and Polishing Market Opportunity Assessment, By Application, 2019 & 2026F |
14. Asia Pacific Electric Sanding and Polishing Market - Competitive Landscape |
14.1. Asia Pacific Electric Sanding and Polishing Market Revenue Share, By Companies, 2019 |
14.2. Asia Pacific Electric Sanding and Polishing Market Competitive Benchmarking, By Operating and Technical Parameters |
15. Company Profiles |
16. Recommendations |
17. Disclaimer |