| Product Code: ETC5123163 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Belgium continued to see a steady flow of hand tools and woodworking tools imports, with Germany, Metropolitan France, China, Netherlands, and Taiwan being the top exporting countries. The market concentration, as measured by the HHI, remained at a moderate level, indicating a competitive landscape. Despite the marginal growth rate over the 2020-2024 period, the industry experienced a significant uptick in 2024 with a growth rate of 15.4%. This suggests a promising outlook for the hand tools and woodworking tools market in Belgium, driven by diverse sources of imports and a recent surge in growth.
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 Belgium Hand Tools & Woodworking Tools Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Hand Tools & Woodworking Tools Market - Industry Life Cycle |
3.4 Belgium Hand Tools & Woodworking Tools Market - Porter's Five Forces |
3.5 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Hand Tools & Woodworking Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Belgium leading to increased demand for hand tools and woodworking tools. |
4.2.2 Rising interest in DIY activities among consumers driving sales of these tools. |
4.2.3 Technological advancements in hand tools and woodworking tools improving efficiency and functionality. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the manufacturing costs of hand tools and woodworking tools. |
4.3.2 Competition from substitute products like power tools affecting market growth. |
4.3.3 Economic uncertainty and fluctuations in consumer spending impacting the demand for these tools. |
5 Belgium Hand Tools & Woodworking Tools Market Trends |
6 Belgium Hand Tools & Woodworking Tools Market Segmentations |
6.1 Belgium Hand Tools & Woodworking Tools Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Wrenches, 2021-2031F |
6.1.3 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Chisels, 2021-2031F |
6.1.4 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.5 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Saws, 2021-2031F |
6.1.6 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Screwdrivers, 2021-2031F |
6.1.7 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Pliers, 2021-2031F |
6.2 Belgium Hand Tools & Woodworking Tools Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Professional, 2021-2031F |
6.2.3 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Residential/DIY, 2021-2031F |
6.3 Belgium Hand Tools & Woodworking Tools Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Belgium Hand Tools & Woodworking Tools Market Revenues & Volume, By Retail/Offline, 2021-2031F |
7 Belgium Hand Tools & Woodworking Tools Market Import-Export Trade Statistics |
7.1 Belgium Hand Tools & Woodworking Tools Market Export to Major Countries |
7.2 Belgium Hand Tools & Woodworking Tools Market Imports from Major Countries |
8 Belgium Hand Tools & Woodworking Tools Market Key Performance Indicators |
8.1 Number of new construction projects initiated in Belgium. |
8.2 Consumer engagement in DIY workshops or classes. |
8.3 Adoption rate of innovative features in hand tools and woodworking tools. |
8.4 Number of patents filed for new tool designs. |
8.5 Percentage of households owning basic hand tools and woodworking tools. |
9 Belgium Hand Tools & Woodworking Tools Market - Opportunity Assessment |
9.1 Belgium Hand Tools & Woodworking Tools Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Belgium Hand Tools & Woodworking Tools Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Belgium Hand Tools & Woodworking Tools Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Hand Tools & Woodworking Tools Market - Competitive Landscape |
10.1 Belgium Hand Tools & Woodworking Tools Market Revenue Share, By Companies, 2024 |
10.2 Belgium Hand Tools & Woodworking Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |