Product Code: ETC327459 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Saudi Arabia Hand Tools Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 8.68% in 2025, the market peaks at 10.08% in 2027, and settles at 7.33% by 2029.
The hand tools market in Saudi Arabia includes a diverse range of manual tools used for various applications, such as construction, automotive repair, and DIY projects. Hand tools comprise wrenches, pliers, hammers, screwdrivers, and more. The market is driven by construction and infrastructure development, as well as the growing interest in home improvement projects. Local manufacturers and international brands contribute to the availability of hand tools in the market.
The Saudi Arabia hand tools market is experiencing growth primarily due to the burgeoning construction and automotive sectors in the country. With increased infrastructure development and rising demand for automobiles, there is a consistent need for hand tools like wrenches, screwdrivers, and pliers. Additionally, the do-it-yourself (DIY) trend among consumers is contributing to the market`s expansion as people seek to perform basic repairs and maintenance tasks themselves. Furthermore, government initiatives to diversify the economy and promote manufacturing are also boosting the demand for hand tools in various industries, further propelling market growth.
The Saudi hand tools market encounters various challenges. One of the primary concerns is price sensitivity among consumers and businesses, which can affect profit margins for manufacturers and retailers. In addition, competition from low-cost imports and counterfeit products poses a threat to the market`s integrity and quality standards. Furthermore, the need for continuous innovation and technological advancements in hand tools to meet evolving industry demands requires substantial investments. Lastly, stringent safety regulations and standards necessitate compliance, which can be costly for manufacturers and suppliers.
The hand tools market in Saudi Arabia experienced a significant impact due to the COVID-19 pandemic. The initial outbreak led to disruptions in supply chains, manufacturing, and distribution channels, causing a slowdown in the market. The construction and manufacturing sectors, which are key consumers of hand tools, faced challenges as projects were delayed or halted to comply with lockdowns and safety measures. Additionally, decreased consumer spending and uncertainty about the future resulted in a decline in demand for hand tools, affecting sales for retailers.
In the hand tools sector, companies like Bahco, Stanley Black & Decker, and Snap-on Incorporated lead the way in Saudi Arabia. They provide a wide array of high-quality hand tools for both professional and DIY use.
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 Saudi Arabia Hand Tools Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Hand Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Hand Tools Market - Industry Life Cycle |
3.4 Saudi Arabia Hand Tools Market - Porter's Five Forces |
3.5 Saudi Arabia Hand Tools Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Hand Tools Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Saudi Arabia Hand Tools Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Saudi Arabia Hand Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for hand tools due to growth in the construction sector in Saudi Arabia |
4.2.2 Government investments in infrastructure projects driving demand for hand tools |
4.2.3 Growth of the automotive industry leading to higher demand for hand tools |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of hand tools |
4.3.2 Intense competition from international hand tool manufacturers affecting local market players |
4.3.3 Economic uncertainty and fluctuations impacting consumer spending on hand tools |
5 Saudi Arabia Hand Tools Market Trends |
6 Saudi Arabia Hand Tools Market, By Types |
6.1 Saudi Arabia Hand Tools Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Hand Tools Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Hand Tools Market Revenues & Volume, By Wrench, 2021-2031F |
6.1.4 Saudi Arabia Hand Tools Market Revenues & Volume, By Plier, 2021-2031F |
6.1.5 Saudi Arabia Hand Tools Market Revenues & Volume, By Screw Drivers, 2021-2031F |
6.1.6 Saudi Arabia Hand Tools Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.7 Saudi Arabia Hand Tools Market Revenues & Volume, By Cable Cutter, 2021-2031F |
6.1.8 Saudi Arabia Hand Tools Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Hand Tools Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Hand Tools Market Revenues & Volume, By In Store, 2021-2031F |
6.2.3 Saudi Arabia Hand Tools Market Revenues & Volume, By Online, 2021-2031F |
6.3 Saudi Arabia Hand Tools Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Hand Tools Market Revenues & Volume, By Diy, 2021-2031F |
6.3.3 Saudi Arabia Hand Tools Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Saudi Arabia Hand Tools Market Revenues & Volume, By Industrial, 2021-2031F |
7 Saudi Arabia Hand Tools Market Import-Export Trade Statistics |
7.1 Saudi Arabia Hand Tools Market Export to Major Countries |
7.2 Saudi Arabia Hand Tools Market Imports from Major Countries |
8 Saudi Arabia Hand Tools Market Key Performance Indicators |
8.1 Average number of construction permits issued quarterly in Saudi Arabia |
8.2 Percentage change in government spending on infrastructure projects year-over-year |
8.3 Number of new vehicle registrations in Saudi Arabia |
8.4 Average price index of key raw materials used in hand tool production |
8.5 Market share of local hand tool manufacturers compared to international competitors |
9 Saudi Arabia Hand Tools Market - Opportunity Assessment |
9.1 Saudi Arabia Hand Tools Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Hand Tools Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Saudi Arabia Hand Tools Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Saudi Arabia Hand Tools Market - Competitive Landscape |
10.1 Saudi Arabia Hand Tools Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Hand Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |