| Product Code: ETC5123268 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden witnessed steady growth in hand tools and woodworking tools imports, with Germany, China, Taiwan, Netherlands, and Belgium emerging as the top exporting countries. Despite a moderate concentration level, the industry experienced a marginal CAGR of 0.5% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -7.2%. This data suggests a stable market for hand tools and woodworking tools in Sweden, with potential opportunities for further expansion and diversification in the coming years.
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 Sweden Hand Tools & Woodworking Tools Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Hand Tools & Woodworking Tools Market - Industry Life Cycle |
3.4 Sweden Hand Tools & Woodworking Tools Market - Porter's Five Forces |
3.5 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Sweden Hand Tools & Woodworking Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for DIY projects and home improvement activities in Sweden |
4.2.2 Increasing focus on sustainability and environmentally friendly practices driving the adoption of hand tools and woodworking tools |
4.2.3 Technological advancements leading to the development of innovative tools improving efficiency and productivity in the market |
4.3 Market Restraints |
4.3.1 High initial investment costs for high-quality hand tools and woodworking tools may deter some consumers |
4.3.2 Competition from power tools and machinery impacting the demand for traditional hand tools |
4.3.3 Fluctuations in raw material prices affecting the overall cost of production and pricing of tools |
5 Sweden Hand Tools & Woodworking Tools Market Trends |
6 Sweden Hand Tools & Woodworking Tools Market Segmentations |
6.1 Sweden Hand Tools & Woodworking Tools Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Wrenches, 2021-2031F |
6.1.3 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Chisels, 2021-2031F |
6.1.4 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.5 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Saws, 2021-2031F |
6.1.6 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Screwdrivers, 2021-2031F |
6.1.7 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Pliers, 2021-2031F |
6.2 Sweden Hand Tools & Woodworking Tools Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Professional, 2021-2031F |
6.2.3 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Residential/DIY, 2021-2031F |
6.3 Sweden Hand Tools & Woodworking Tools Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Sweden Hand Tools & Woodworking Tools Market Revenues & Volume, By Retail/Offline, 2021-2031F |
7 Sweden Hand Tools & Woodworking Tools Market Import-Export Trade Statistics |
7.1 Sweden Hand Tools & Woodworking Tools Market Export to Major Countries |
7.2 Sweden Hand Tools & Woodworking Tools Market Imports from Major Countries |
8 Sweden Hand Tools & Woodworking Tools Market Key Performance Indicators |
8.1 Number of new product innovations introduced in the hand tools woodworking tools market |
8.2 Percentage of consumers adopting sustainable and eco-friendly tools |
8.3 Average time taken for product development and launch in the market |
9 Sweden Hand Tools & Woodworking Tools Market - Opportunity Assessment |
9.1 Sweden Hand Tools & Woodworking Tools Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Sweden Hand Tools & Woodworking Tools Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Sweden Hand Tools & Woodworking Tools Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Sweden Hand Tools & Woodworking Tools Market - Competitive Landscape |
10.1 Sweden Hand Tools & Woodworking Tools Market Revenue Share, By Companies, 2024 |
10.2 Sweden Hand Tools & Woodworking Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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