The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Portable Power Tools market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Portable Power Tools
The report offers actionable and valuable market insights of Portable Power Tools. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Portable Power Tools Market across various industries and regions.
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This newly published and insightful report sheds light on Market Insights of Portable Power Tools, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Portable Power Tools Market.
Portable tools market continues to maintain its momentum on back of strong sales of personal protective equipment and power tools. The US$ 85 billion market is likely to show Goldilocks growth, with market revenues likely to grow by 1.4X between 2018 and 2028. These insights are according to a latest Fact.MR study that tracks the portable tools market in over seven regions and over 50 countries.
According to the report, the portable tools market continues to be highly fragmented, with a number of local and regional players accounting for miniscule revenue shares. Large corporations, such as Stanley Black & Decker, Inc. and Robert Bosch GmbH have single-digit market share from portable tools. The report finds that a large number of local and regional players cater to fixed categories of portable tools, with power tools and personal protection equipment among the top draws.
Retail outlets largest sales channel, ‘online’ gaining market share
Online sales are eating into the revenue share of retail outlets and distributors, promoting the latter to make a foray into the e-commerce segment. Online sales growth is likely to be 1.2X than distributor sales.
There are certain categories of products specifically suited to online sales. These include portable tools, lighting tools, and power tools. Although online channels have been well-received by end users in North America and Europe, emerging nations have significant growth potential.
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Portable Tools Market: Segmentation
The report offers market forecast and analysis on the basis of category, end use, sales channel, and region. The categories of portable tools analyzed in the study include hand tools, power tools, garage tools, lighting tools, and personal protective equipment (PPE). The end uses of portable tools have been analyzed in industrial, commercial, and household & DIY settings.
The key sales channels analyzed in the research report are distributor sales, retail outlets, and online sales.
The exhaustive market research study tracks the portable tools market across North America, Latin America, Europe, South East Asia and Pacific, Middle East & Africa (MEA), China, and Japan.
In addition to offering broader region-wise forecast, the research study also analyzes the market in key countries of US, Canada, Germany, France, U.K. Spain, Italy, India, Indonesia, and Malaysia.
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Key Question answered in the survey of Portable Power Tools market report:
- Sales and Demand of Portable Power Tools
- Growth of Portable Power Tools Market
- Market Analysis of Portable Power Tools
- Market Insights of Portable Power Tools
- Key Drivers Impacting the Portable Power Tools market
- Which are the Key drivers impacted by Portable Power Tools market
- Restraints Shaping Market Growth
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More Valuable Insights on Portable Power Tools Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Portable Power Tools, Sales and Demand of Portable Power Tools, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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