Product Code: ETC009526 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Malaysia Hand Tool Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 6.61% in 2025 and reaches 8.15% by 2029.
By 2027, the Hand Tool market in Malaysia is anticipated to reach a growth rate of 7.50%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Malaysia hand tool market is projected to register a CAGR of 5.8%, during the forecast period (2025-2031). The growing construction industry and increasing residential & commercial projects are likely to drive the market for hand tools in Malaysia
Furthermore, the rapid urbanization coupled with rising disposable income has created an upsurge in demand for advanced home repair tools such as battery operated screwdrivers, drills, etc., which is expected to boost the market growth over the forecast period. Additionally, manufacturers have been launching new products that offer various advantages such as lightweight materials & ergonomic design. These factors are likely to propel the growth of Malaysia hand tool market during 2024- 2031
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 Malaysia Hand Tool Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Hand Tool Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Hand Tool Market - Industry Life Cycle |
3.4 Malaysia Hand Tool Market - Porter's Five Forces |
3.5 Malaysia Hand Tool Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Malaysia Hand Tool Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Malaysia Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Malaysia Hand Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Malaysia Hand Tool Market Trends |
6 Malaysia Hand Tool Market, By Types |
6.1 Malaysia Hand Tool Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Hand Tool Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Malaysia Hand Tool Market Revenues & Volume, By Wrench, 2021-2031F |
6.1.4 Malaysia Hand Tool Market Revenues & Volume, By Plier, 2021-2031F |
6.1.5 Malaysia Hand Tool Market Revenues & Volume, By Screw Drivers, 2021-2031F |
6.1.6 Malaysia Hand Tool Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.7 Malaysia Hand Tool Market Revenues & Volume, By Cable cutter, 2021-2031F |
6.1.8 Malaysia Hand Tool Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Hand Tool Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Hand Tool Market Revenues & Volume, By Professional, 2021-2031F |
6.2.3 Malaysia Hand Tool Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Malaysia Hand Tool Market Revenues & Volume, By DIY, 2021-2031F |
6.3 Malaysia Hand Tool Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Hand Tool Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Malaysia Hand Tool Market Revenues & Volume, By Offline, 2021-2031F |
7 Malaysia Hand Tool Market Import-Export Trade Statistics |
7.1 Malaysia Hand Tool Market Export to Major Countries |
7.2 Malaysia Hand Tool Market Imports from Major Countries |
8 Malaysia Hand Tool Market Key Performance Indicators |
9 Malaysia Hand Tool Market - Opportunity Assessment |
9.1 Malaysia Hand Tool Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Malaysia Hand Tool Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Malaysia Hand Tool Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 Malaysia Hand Tool Market - Competitive Landscape |
10.1 Malaysia Hand Tool Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Hand Tool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |