| Product Code: ETC12657259 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Sweden continued to import a diverse range of mechanical hand tools, with top exporting countries being Germany, China, Taiwan, Netherlands, and the USA. The market remained relatively competitive with low concentration indicated by the Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 0.26% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -3.32%. This data suggests a stable but slightly declining trend in the importation of mechanical hand tools in Sweden, emphasizing the importance of monitoring market dynamics closely.
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 Sweden Mechanical Hand Tools Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Mechanical Hand Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Mechanical Hand Tools Market - Industry Life Cycle |
3.4 Sweden Mechanical Hand Tools Market - Porter's Five Forces |
3.5 Sweden Mechanical Hand Tools Market Revenues & Volume Share, By Tool Type, 2021 & 2031F |
3.6 Sweden Mechanical Hand Tools Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.7 Sweden Mechanical Hand Tools Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Sweden Mechanical Hand Tools Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Sweden Mechanical Hand Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality and durable mechanical hand tools in various industries such as automotive, construction, and manufacturing. |
4.2.2 Technological advancements leading to the development of innovative and efficient mechanical hand tools. |
4.2.3 Growing emphasis on DIY projects and home improvement activities, driving the demand for mechanical hand tools among consumers. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production costs of mechanical hand tools. |
4.3.2 Intense competition among market players leading to price wars and margin pressures. |
4.3.3 Economic downturns affecting overall consumer spending on mechanical hand tools. |
5 Sweden Mechanical Hand Tools Market Trends |
6 Sweden Mechanical Hand Tools Market, By Types |
6.1 Sweden Mechanical Hand Tools Market, By Tool Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Mechanical Hand Tools Market Revenues & Volume, By Tool Type, 2021 - 2031F |
6.1.3 Sweden Mechanical Hand Tools Market Revenues & Volume, By Wrenches, 2021 - 2031F |
6.1.4 Sweden Mechanical Hand Tools Market Revenues & Volume, By Pliers, 2021 - 2031F |
6.1.5 Sweden Mechanical Hand Tools Market Revenues & Volume, By Screwdrivers, 2021 - 2031F |
6.1.6 Sweden Mechanical Hand Tools Market Revenues & Volume, By Hammers, 2021 - 2031F |
6.2 Sweden Mechanical Hand Tools Market, By Application Area |
6.2.1 Overview and Analysis |
6.2.2 Sweden Mechanical Hand Tools Market Revenues & Volume, By Automotive Repair, 2021 - 2031F |
6.2.3 Sweden Mechanical Hand Tools Market Revenues & Volume, By Electrical Work, 2021 - 2031F |
6.2.4 Sweden Mechanical Hand Tools Market Revenues & Volume, By Carpentry, 2021 - 2031F |
6.2.5 Sweden Mechanical Hand Tools Market Revenues & Volume, By Metalworking, 2021 - 2031F |
6.3 Sweden Mechanical Hand Tools Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Sweden Mechanical Hand Tools Market Revenues & Volume, By Professional Mechanics, 2021 - 2031F |
6.3.3 Sweden Mechanical Hand Tools Market Revenues & Volume, By DIY Enthusiasts, 2021 - 2031F |
6.3.4 Sweden Mechanical Hand Tools Market Revenues & Volume, By Construction Workers, 2021 - 2031F |
6.3.5 Sweden Mechanical Hand Tools Market Revenues & Volume, By Maintenance Personnel, 2021 - 2031F |
6.4 Sweden Mechanical Hand Tools Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Sweden Mechanical Hand Tools Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.4.3 Sweden Mechanical Hand Tools Market Revenues & Volume, By Hardware Stores, 2021 - 2031F |
6.4.4 Sweden Mechanical Hand Tools Market Revenues & Volume, By Wholesale Suppliers, 2021 - 2031F |
7 Sweden Mechanical Hand Tools Market Import-Export Trade Statistics |
7.1 Sweden Mechanical Hand Tools Market Export to Major Countries |
7.2 Sweden Mechanical Hand Tools Market Imports from Major Countries |
8 Sweden Mechanical Hand Tools Market Key Performance Indicators |
8.1 Number of new product launches in the mechanical hand tools market. |
8.2 Adoption rate of automated and connected mechanical hand tools. |
8.3 Investment in research and development for enhancing the performance and features of mechanical hand tools. |
9 Sweden Mechanical Hand Tools Market - Opportunity Assessment |
9.1 Sweden Mechanical Hand Tools Market Opportunity Assessment, By Tool Type, 2021 & 2031F |
9.2 Sweden Mechanical Hand Tools Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.3 Sweden Mechanical Hand Tools Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Sweden Mechanical Hand Tools Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Sweden Mechanical Hand Tools Market - Competitive Landscape |
10.1 Sweden Mechanical Hand Tools Market Revenue Share, By Companies, 2024 |
10.2 Sweden Mechanical Hand Tools 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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