Product Code: ETC009519 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Hungary Hand Tool market currently, in 2023, has witnessed an HHI of 2154, Which has increased slightly as compared to the HHI of 1616 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The hand tool market in Hungary is expected to grow at a CAGR of 4.6% during the forecast period 2020-2026. The growth of the market can be attributed to increasing demand for tools used in construction and automotive sectors, growing awareness about safety and health benefits related to using hand tools, technological advancements in product designs that offer enhanced ergonomics; among other factors.
In addition, increased investments by domestic manufacturers towards developing new products with improved features are likely to propel market growth over the coming years. Furthermore, government initiatives such as subsidies on raw material costs for MSMEs operating in this sector will boost industry expansion further.
Moreover, growing acceptance of online retailing channels due to a surge in internet penetration across rural regions will fuel sales through ecommerce platforms like Amazon & Flipkart resulting in higher revenues generation from these channels during the forecast period.
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 Hungary Hand Tool Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Hand Tool Market Revenues & Volume, 2019 & 2026F |
3.3 Hungary Hand Tool Market - Industry Life Cycle |
3.4 Hungary Hand Tool Market - Porter's Five Forces |
3.5 Hungary Hand Tool Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Hungary Hand Tool Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
3.7 Hungary Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 Hungary Hand Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Hand Tool Market Trends |
6 Hungary Hand Tool Market, By Types |
6.1 Hungary Hand Tool Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Hungary Hand Tool Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Hungary Hand Tool Market Revenues & Volume, By Wrench, 2016 - 2026F |
6.1.4 Hungary Hand Tool Market Revenues & Volume, By Plier, 2016 - 2026F |
6.1.5 Hungary Hand Tool Market Revenues & Volume, By Screw Drivers, 2016 - 2026F |
6.1.6 Hungary Hand Tool Market Revenues & Volume, By Hammers, 2016 - 2026F |
6.1.7 Hungary Hand Tool Market Revenues & Volume, By Cable cutter, 2016 - 2026F |
6.1.8 Hungary Hand Tool Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Hungary Hand Tool Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Hungary Hand Tool Market Revenues & Volume, By Professional, 2016 - 2026F |
6.2.3 Hungary Hand Tool Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.2.4 Hungary Hand Tool Market Revenues & Volume, By DIY, 2016 - 2026F |
6.3 Hungary Hand Tool Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Hungary Hand Tool Market Revenues & Volume, By Online, 2016 - 2026F |
6.3.3 Hungary Hand Tool Market Revenues & Volume, By Offline, 2016 - 2026F |
7 Hungary Hand Tool Market Import-Export Trade Statistics |
7.1 Hungary Hand Tool Market Export to Major Countries |
7.2 Hungary Hand Tool Market Imports from Major Countries |
8 Hungary Hand Tool Market Key Performance Indicators |
9 Hungary Hand Tool Market - Opportunity Assessment |
9.1 Hungary Hand Tool Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Hungary Hand Tool Market Opportunity Assessment, By End-Users, 2019 & 2026F |
9.3 Hungary Hand Tool Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 Hungary Hand Tool Market - Competitive Landscape |
10.1 Hungary Hand Tool Market Revenue Share, By Companies, 2019 |
10.2 Hungary Hand Tool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |