Product Code: ETC014151 | 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 | |
Sri Lanka Power Tools market currently, in 2023, has witnessed an HHI of 6573, Which has increased moderately as compared to the HHI of 6307 in 2017. The market is moving towards Highly concentrated. 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 power tools market in Sri Lanka is expected to grow at a CAGR of 5.3% during the forecast period (2020-2026). Factors such as increasing population and urbanization, rising demand for residential buildings, growth in infrastructure activities, and growing industrial development are driving the growth of the power tool market in Sri Lanka. The country`s Ministry of Technology and Research has invested heavily on research and development projects which is likely to create new opportunities for manufacturers operating in the industry
However, high import duties imposed by the government on imported products affects overall sales due to increased prices thus acting as restraint for this market?s growth. Additionally, issues surrounding energy access also present major challenges for businesses producing or selling a variety of power tools such as drills, saws and grinders.
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 Sri Lanka Power Tools Market Overview |
3.1 Sri Lanka Country Macro Economic Indicators |
3.2 Sri Lanka Power Tools Market Revenues & Volume, 2019 & 2026F |
3.3 Sri Lanka Power Tools Market - Industry Life Cycle |
3.4 Sri Lanka Power Tools Market - Porter's Five Forces |
3.5 Sri Lanka Power Tools Market Revenues & Volume Share, By Tool Type, 2019 & 2026F |
3.6 Sri Lanka Power Tools Market Revenues & Volume Share, By Mode of Operation, 2019 & 2026F |
3.7 Sri Lanka Power Tools Market Revenues & Volume Share, By Application, 2019 & 2026F |
4 Sri Lanka Power Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Sri Lanka Power Tools Market Trends |
6 Sri Lanka Power Tools Market, By Types |
6.1 Sri Lanka Power Tools Market, By Tool Type |
6.1.1 Overview and Analysis |
6.1.2 Sri Lanka Power Tools Market Revenues & Volume, By Tool Type, 2016 - 2026F |
6.1.3 Sri Lanka Power Tools Market Revenues & Volume, By Drilling and fastening tools, 2016 - 2026F |
6.1.4 Sri Lanka Power Tools Market Revenues & Volume, By Demolition tools, 2016 - 2026F |
6.1.5 Sri Lanka Power Tools Market Revenues & Volume, By Sawing and cutting tools, 2016 - 2026F |
6.1.6 Sri Lanka Power Tools Market Revenues & Volume, By Material removal tools, 2016 - 2026F |
6.1.7 Sri Lanka Power Tools Market Revenues & Volume, By Routing Tools, 2016 - 2026F |
6.1.8 Sri Lanka Power Tools Market Revenues & Volume, By Others , 2016 - 2026F |
6.2 Sri Lanka Power Tools Market, By Mode of Operation |
6.2.1 Overview and Analysis |
6.2.2 Sri Lanka Power Tools Market Revenues & Volume, By Electric, 2016 - 2026F |
6.2.3 Sri Lanka Power Tools Market Revenues & Volume, By Pneumatic, 2016 - 2026F |
6.2.4 Sri Lanka Power Tools Market Revenues & Volume, By Others, 2016 - 2026F |
6.3 Sri Lanka Power Tools Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sri Lanka Power Tools Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.3.3 Sri Lanka Power Tools Market Revenues & Volume, By Residential/DIY, 2016 - 2026F |
7 Sri Lanka Power Tools Market Import-Export Trade Statistics |
7.1 Sri Lanka Power Tools Market Export to Major Countries |
7.2 Sri Lanka Power Tools Market Imports from Major Countries |
8 Sri Lanka Power Tools Market Key Performance Indicators |
9 Sri Lanka Power Tools Market - Opportunity Assessment |
9.1 Sri Lanka Power Tools Market Opportunity Assessment, By Tool Type, 2019 & 2026F |
9.2 Sri Lanka Power Tools Market Opportunity Assessment, By Mode of Operation, 2019 & 2026F |
9.3 Sri Lanka Power Tools Market Opportunity Assessment, By Application, 2019 & 2026F |
10 Sri Lanka Power Tools Market - Competitive Landscape |
10.1 Sri Lanka Power Tools Market Revenue Share, By Companies, 2019 |
10.2 Sri Lanka Power Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |