Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Product Type (Measuring Tools, Tapes and Dies, Screws and Drill Drivers, Cutting Tools, General Tools), By Distribution Channel (Specialty Retail Stores, Hypermarkets/Supermarkets, Online Retail) And Competitive Landscape
Product Code: ETC399889 | Publication Date: Jan 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
The Latin America Household Hand Tools Market is anticipated to evolve over the forecast period. The sector has been supported by many factors which include requirement for quicker and better home repairs, DIY projects and renovations.
According to 6Wresearch, the Latin America Household Hand Tools Market size is expected to grow during 2023-2029. These household hand tools in the region are used for several purposes around the home like repairs, DIY projects and gardening. The sector has been supported by many factors which include requirement for quicker and better home repairs, DIY projects and renovations. Growing construction industry in the continent is giving a rise to this sector. This industry plays an essential role in the rising demand for household hand tools. When homes are built, people go for hand tools that can give their space a nice look, which in turn is boosting the growth of this emerging sector in Latin America. The sector will gain huge growth in the region as the construction industry of the market is growing. Key players in this industry have been working on coming up with the best tools that can give the sector rise in the region. The competition in this market is higher which is giving growth to the sector as new players in the sector come up with the best and innovative strategies which attract more people, this, in turn, boost the Latin America Household Hand Tools Market share. This emerging sector has been obtaining growth with each passing day which tells a lot about its bright future.
The COVID-19 pandemic had a major impact on Latin America Household Hand Tools Market. The lockdowns as well as restrictions on movement led to a growth in demand for home improvement as well as DIY projects, since people were spending more time home. This led to a growth in the sales of household hand tools like saws, hammers, and power drills,. In addition, an increase in e-commerce as well as online sales also contributed to the market growth. Economic downturn and supply chain disruptions also had a negative impact on the sector. The market is now propelling at a faster pace.
Based on nations, the Latin America Household hand Tools Industry is classified into Brazil, Mexico, Argentina, and Rest Of Latin America.
Based on product type, the Household Hand Tools Market in Latin America is classified into Measuring Tools, Tapes And Dies, Screws And Drill Drivers, Cutting Tools, General Tools. Out of which, the general tools segment is anticipated to give rise to this sector.
Based on distribution channel, the market is classified into Specialty Retail Stores, Hypermarkets/Supermarkets, and Online Retail. The online retail channel will grow in the coming years.
The report offers a comprehensive study of the subsequent 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 Latin America Household Hand Tools Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Household Hand Tools Market Revenues & Volume, 2022 & 2029F |
3.3 Latin America Household Hand Tools Market - Industry Life Cycle |
3.4 Latin America Household Hand Tools Market - Porter's Five Forces |
3.5 Latin America Household Hand Tools Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Latin America Household Hand Tools Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
3.7 Latin America Household Hand Tools Market Revenues & Volume Share, By Distribution Channel, 2022 & 2029F |
4 Latin America Household Hand Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Household Hand Tools Market Trends |
6 Latin America Household Hand Tools Market, 2019 - 2029 |
6.1 Latin America Household Hand Tools Market, Revenues & Volume, By Product Type, 2019 - 2029 |
6.2 Latin America Household Hand Tools Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
7 Brazil Household Hand Tools Market, 2019 - 2029 |
7.1 Brazil Household Hand Tools Market, Revenues & Volume, By Product Type, 2019 - 2029 |
7.2 Brazil Household Hand Tools Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
8 Mexico Household Hand Tools Market, 2019 - 2029 |
8.1 Mexico Household Hand Tools Market, Revenues & Volume, By Product Type, 2019 - 2029 |
8.2 Mexico Household Hand Tools Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
9 Argentina Household Hand Tools Market, 2019 - 2029 |
9.1 Argentina Household Hand Tools Market, Revenues & Volume, By Product Type, 2019 - 2029 |
9.2 Argentina Household Hand Tools Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
10 Rest of Latin America Household Hand Tools Market, 2019 - 2029 |
10.1 Rest of Latin America Household Hand Tools Market, Revenues & Volume, By Product Type, 2019 - 2029 |
10.2 Rest of Latin America Household Hand Tools Market, Revenues & Volume, By Distribution Channel, 2019 - 2029 |
11 Latin America Household Hand Tools Market Key Performance Indicators |
12 Latin America Household Hand Tools Market - Opportunity Assessment |
12.1 Latin America Household Hand Tools Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Latin America Household Hand Tools Market Opportunity Assessment, By Product Type, 2022 & 2029F |
12.3 Latin America Household Hand Tools Market Opportunity Assessment, By Distribution Channel, 2022 & 2029F |
13 Latin America Household Hand Tools Market - Competitive Landscape |
13.1 Latin America Household Hand Tools Market Revenue Share, By Companies, 2022 |
13.2 Latin America Household Hand Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |