Product Code: ETC041240 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia pliers market is expected to register a CAGR of over 3.1% during the forecast period, 2025-2031. The significant growth in construction activities and the increasing number of industrial projects has been propelling the demand for pliers in various industries. Moreover, rising investments by government bodies to promote infrastructure development are further augmenting the market growth.
Growth in Construction Activities: Significant growth in construction activities across Saudi Arabia is leading to an increase in demand for hand tools such as pliers. Increasing population coupled with urbanization are driving the need for more housing units which is likely to fuel investments into residential complexes and infrastructural developments thereby boosting product sales. In an effort to diversify its economic profile away from oil, Saudi Arabia Vision 2031 plans several infrastructure projects and tourist attractions that will drive up demand for pliers among other hand tools used during construction works. This includes building roads & highways, ports & airports, railway networks etc., all of which require extensive usage of these products resulting in increased revenues from this sector.
High Cost Associated With Plier Types: Certain types or sizes of pincers may be associated with high cost due to their intricate designs or added features like adjustable handles; this could pose challenges towards price conscious consumers who may opt for cheaper alternatives hindering overall market growth opportunities available within this industry segment.(Replace)
The Covid-19 pandemic has had a negative impact on global economies including export/import scenarios and supply chain operations affecting several industries worldwide including automotive parts manufacturing contributing heavily toward revenue generation within this sector ; however despite these adverse conditions it should be noted that essential service sectors such as healthcare , agriculture etc remained largely unaffected due storage capacity limitations faced by authorities .
Some of the prominent players operating in the Saudi Arabia Pliers Market are Ideal Industries Inc., Apex Tool Group LLC., Knipex Tools LP, Stanley Black & Decker Inc., Channellock Inc., Koken Co Ltd., Miyachi Unitek Corporation, Gedore Werkzeugfabrik GmbH & Co KG (GEDORE), Wiha Wilhem Haude Gmbh + Co Kg , RS Components etc.
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 Pliers Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Pliers Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Pliers Market - Industry Life Cycle |
3.4 Saudi Arabia Pliers Market - Porter's Five Forces |
3.5 Saudi Arabia Pliers Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Pliers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Pliers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Pliers Market Trends |
6 Saudi Arabia Pliers Market, By Types |
6.1 Saudi Arabia Pliers Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Pliers Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Pliers Market Revenues & Volume, By Cutting pliers, 2021-2031F |
6.1.4 Saudi Arabia Pliers Market Revenues & Volume, By Crimping pliers, 2021-2031F |
6.1.5 Saudi Arabia Pliers Market Revenues & Volume, By Linesman?s Pliers, 2021-2031F |
6.1.6 Saudi Arabia Pliers Market Revenues & Volume, By Locking Pliers, 2021-2031F |
6.1.7 Saudi Arabia Pliers Market Revenues & Volume, By Needle-Nose Pliers, 2021-2031F |
6.1.8 Saudi Arabia Pliers Market Revenues & Volume, By Water-Pump Pliers, 2021-2031F |
6.1.9 Saudi Arabia Pliers Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Saudi Arabia Pliers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Saudi Arabia Pliers Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Pliers Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Saudi Arabia Pliers Market Revenues & Volume, By Automotive professional mechanic, 2021-2031F |
6.2.4 Saudi Arabia Pliers Market Revenues & Volume, By Electrician, 2021-2031F |
6.2.5 Saudi Arabia Pliers Market Revenues & Volume, By General maintenance, 2021-2031F |
7 Saudi Arabia Pliers Market Import-Export Trade Statistics |
7.1 Saudi Arabia Pliers Market Export to Major Countries |
7.2 Saudi Arabia Pliers Market Imports from Major Countries |
8 Saudi Arabia Pliers Market Key Performance Indicators |
9 Saudi Arabia Pliers Market - Opportunity Assessment |
9.1 Saudi Arabia Pliers Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Pliers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Pliers Market - Competitive Landscape |
10.1 Saudi Arabia Pliers Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Pliers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |