| Product Code: ETC009501 | Publication Date: Jun 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
In 2024, the United States continued to see a steady increase in hand tool import shipments, with China, Mexico, Vietnam, Taiwan, and Brazil emerging as the top exporting countries. Despite moderate concentration levels in the market, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 2.83%. Moreover, the impressive growth rate of 16.85% from 2023 to 2024 indicates a positive momentum in the hand tool import sector. The diverse sourcing destinations and growth trends suggest a dynamic and evolving market landscape for hand tools in the United States.

The United States U.S. hand tool market size is expected to reach USD 8.8 billion by 2026, expanding at a CAGR of 5.9% over the forecast period. The industry is driven mainly due to growth in automotive sector and increasing construction activities across residential & commercial buildings sector globally which have increased the demand for hand tools among consumers in this region over past few years. Moreover, with rising emphasis on product innovation coupled with technological advancements such as introduction of power tools along with cordless tools and accessories are further anticipated to drive the market over forthcoming years owing to their convenience and enhanced productivity provided during repair & maintenance activities of heavy equipment?s/machines used in industrial processes or home improvement applications respectively.
Furthermore, growing consumer preference towards cost-effective products made from lightweight materials like plastic instead of conventional steel has enabled key players operating within this domain focus upon developing ergonomic products that offer improved user experience and comfort while using them across multiple industries including manufacturing & aviation among others thereby augmenting its demand as well as contributing toward industry expansion through 2026.
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 United States (US) Hand Tool Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Hand Tool Market Revenues & Volume, 2019 & 2026F |
3.3 United States (US) Hand Tool Market - Industry Life Cycle |
3.4 United States (US) Hand Tool Market - Porter's Five Forces |
3.5 United States (US) Hand Tool Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 United States (US) Hand Tool Market Revenues & Volume Share, By End-Users, 2019 & 2026F |
3.7 United States (US) Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 United States (US) Hand Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home improvement activities |
4.2.2 Growth in the construction and automotive industries |
4.2.3 Technological advancements leading to innovative hand tool designs |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from power tools and other advanced equipment |
4.3.3 Economic uncertainties impacting consumer spending on hand tools |
5 United States (US) Hand Tool Market Trends |
6 United States (US) Hand Tool Market, By Types |
6.1 United States (US) Hand Tool Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Hand Tool Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 United States (US) Hand Tool Market Revenues & Volume, By Wrench, 2016 - 2026F |
6.1.4 United States (US) Hand Tool Market Revenues & Volume, By Plier, 2016 - 2026F |
6.1.5 United States (US) Hand Tool Market Revenues & Volume, By Screw Drivers, 2016 - 2026F |
6.1.6 United States (US) Hand Tool Market Revenues & Volume, By Hammers, 2016 - 2026F |
6.1.7 United States (US) Hand Tool Market Revenues & Volume, By Cable cutter, 2016 - 2026F |
6.1.8 United States (US) Hand Tool Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 United States (US) Hand Tool Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Hand Tool Market Revenues & Volume, By Professional, 2016 - 2026F |
6.2.3 United States (US) Hand Tool Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.2.4 United States (US) Hand Tool Market Revenues & Volume, By DIY, 2016 - 2026F |
6.3 United States (US) Hand Tool Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 United States (US) Hand Tool Market Revenues & Volume, By Online, 2016 - 2026F |
6.3.3 United States (US) Hand Tool Market Revenues & Volume, By Offline, 2016 - 2026F |
7 United States (US) Hand Tool Market Import-Export Trade Statistics |
7.1 United States (US) Hand Tool Market Export to Major Countries |
7.2 United States (US) Hand Tool Market Imports from Major Countries |
8 United States (US) Hand Tool Market Key Performance Indicators |
8.1 Adoption rate of smart hand tools in the market |
8.2 Number of patents filed for new hand tool designs |
8.3 Percentage of revenue from online sales channels |
9 United States (US) Hand Tool Market - Opportunity Assessment |
9.1 United States (US) Hand Tool Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 United States (US) Hand Tool Market Opportunity Assessment, By End-Users, 2019 & 2026F |
9.3 United States (US) Hand Tool Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 United States (US) Hand Tool Market - Competitive Landscape |
10.1 United States (US) Hand Tool Market Revenue Share, By Companies, 2019 |
10.2 United States (US) Hand Tool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |