| Product Code: ETC4656643 | 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, Ireland continued to see significant import shipments of hand tools, with China, Netherlands, UK, Taiwan, and India being the top exporting countries. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). With a compound annual growth rate (CAGR) of 7.0% from 2020 to 2024, the hand tool import market in Ireland is showing steady growth. Additionally, the growth rate in 2024 alone was 4.55%, suggesting continued momentum in the industry. This data points to a robust and competitive market for hand tool imports in Ireland.

The Hand Tool market in Ireland is projected to grow at a stable growth rate of 0.01% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Ireland Hand Tool Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Hand Tool Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Hand Tool Market - Industry Life Cycle |
3.4 Ireland Hand Tool Market - Porter's Five Forces |
3.5 Ireland Hand Tool Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Ireland Hand Tool Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 Ireland Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Ireland Hand Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for DIY projects and home improvement activities in Ireland |
4.2.2 Increasing adoption of hand tools in various industries such as construction, automotive, and manufacturing |
4.2.3 Rising awareness about the importance of using high-quality hand tools for efficient and safe work practices |
4.3 Market Restraints |
4.3.1 Intense competition from international hand tool manufacturers |
4.3.2 Fluctuations in raw material prices impacting production costs and pricing strategies |
4.3.3 Economic uncertainties leading to fluctuations in consumer spending on hand tools |
5 Ireland Hand Tool Market Trends |
6 Ireland Hand Tool Market Segmentations |
6.1 Ireland Hand Tool Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Ireland Hand Tool Market Revenues & Volume, By Wrench, 2021-2031F |
6.1.3 Ireland Hand Tool Market Revenues & Volume, By Plier, 2021-2031F |
6.1.4 Ireland Hand Tool Market Revenues & Volume, By Screw Drivers, 2021-2031F |
6.1.5 Ireland Hand Tool Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.6 Ireland Hand Tool Market Revenues & Volume, By Cable cutter, 2021-2031F |
6.1.7 Ireland Hand Tool Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Hand Tool Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Ireland Hand Tool Market Revenues & Volume, By Professional, 2021-2031F |
6.2.3 Ireland Hand Tool Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Ireland Hand Tool Market Revenues & Volume, By DIY, 2021-2031F |
6.3 Ireland Hand Tool Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 Ireland Hand Tool Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Ireland Hand Tool Market Revenues & Volume, By Offline, 2021-2031F |
7 Ireland Hand Tool Market Import-Export Trade Statistics |
7.1 Ireland Hand Tool Market Export to Major Countries |
7.2 Ireland Hand Tool Market Imports from Major Countries |
8 Ireland Hand Tool Market Key Performance Indicators |
8.1 Number of new product innovations and launches in the Ireland hand tool market |
8.2 Adoption rate of advanced hand tools with ergonomic designs and enhanced features |
8.3 Customer satisfaction levels and feedback on the quality and performance of hand tools in the market |
9 Ireland Hand Tool Market - Opportunity Assessment |
9.1 Ireland Hand Tool Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Ireland Hand Tool Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 Ireland Hand Tool Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 Ireland Hand Tool Market - Competitive Landscape |
10.1 Ireland Hand Tool Market Revenue Share, By Companies, 2024 |
10.2 Ireland Hand Tool 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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