United States (US) Manual Socket Wrench Market (2025-2031) Outlook | Revenue, Growth, Analysis, Value, Industry, Size, Trends, Forecast, Companies & Share

Market Forecast By Type (1/4", 3/8", 1/2"), By Application (Construction, Automotive, Industrial, Others) And Competitive Landscape
Product Code: ETC426657 Publication Date: Oct 2022 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

United States (US) Manual Socket Wrench Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The United States continues to rely on imports of manual socket wrenches, with Taiwan, China, Vietnam, India, and Mexico being the top exporting countries in 2024. The Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports, reflecting a competitive market dominated by these key players. The industry experienced a healthy Compound Annual Growth Rate (CAGR) of 9.73% from 2020 to 2024, with a notable growth rate of 12.68% in 2024 alone. This data suggests a strong demand for manual socket wrenches in the US market, driving growth and competition among exporters.

United States (US) Manual Socket Wrench Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • United States (US) Manual Socket Wrench Market Outlook
  • Market Size of United States (US) Manual Socket Wrench Market, 2024
  • Forecast of United States (US) Manual Socket Wrench Market, 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Revenues & Volume for the Period 2021 - 2031
  • United States (US) Manual Socket Wrench Market Trend Evolution
  • United States (US) Manual Socket Wrench Market Drivers and Challenges
  • United States (US) Manual Socket Wrench Price Trends
  • United States (US) Manual Socket Wrench Porter's Five Forces
  • United States (US) Manual Socket Wrench Industry Life Cycle
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Type for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By 1/4" for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By 3/8" for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By 1/2" for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Application for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Construction for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Automotive for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Industrial for the Period 2021 - 2031
  • Historical Data and Forecast of United States (US) Manual Socket Wrench Market Revenues & Volume By Others for the Period 2021 - 2031
  • United States (US) Manual Socket Wrench Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • United States (US) Manual Socket Wrench Top Companies Market Share
  • United States (US) Manual Socket Wrench Competitive Benchmarking By Technical and Operational Parameters
  • United States (US) Manual Socket Wrench Company Profiles
  • United States (US) Manual Socket Wrench Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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) Manual Socket Wrench Market Overview

3.1 United States (US) Country Macro Economic Indicators

3.2 United States (US) Manual Socket Wrench Market Revenues & Volume, 2021 & 2031F

3.3 United States (US) Manual Socket Wrench Market - Industry Life Cycle

3.4 United States (US) Manual Socket Wrench Market - Porter's Five Forces

3.5 United States (US) Manual Socket Wrench Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 United States (US) Manual Socket Wrench Market Revenues & Volume Share, By Application, 2021 & 2031F

4 United States (US) Manual Socket Wrench 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 automotive repair and maintenance industry

4.2.3 Rise in e-commerce platforms leading to easier access to manual socket wrenches

4.3 Market Restraints

4.3.1 Competition from power tools impacting the demand for manual socket wrenches

4.3.2 Fluctuating raw material prices affecting production costs

4.3.3 Limited innovation and technological advancements in manual socket wrench designs

5 United States (US) Manual Socket Wrench Market Trends

6 United States (US) Manual Socket Wrench Market, By Types

6.1 United States (US) Manual Socket Wrench Market, By Type

6.1.1 Overview and Analysis

6.1.2 United States (US) Manual Socket Wrench Market Revenues & Volume, By Type, 2021 - 2031F

6.1.3 United States (US) Manual Socket Wrench Market Revenues & Volume, By 1/4", 2021 - 2031F

6.1.4 United States (US) Manual Socket Wrench Market Revenues & Volume, By 3/8", 2021 - 2031F

6.1.5 United States (US) Manual Socket Wrench Market Revenues & Volume, By 1/2", 2021 - 2031F

6.2 United States (US) Manual Socket Wrench Market, By Application

6.2.1 Overview and Analysis

6.2.2 United States (US) Manual Socket Wrench Market Revenues & Volume, By Construction, 2021 - 2031F

6.2.3 United States (US) Manual Socket Wrench Market Revenues & Volume, By Automotive, 2021 - 2031F

6.2.4 United States (US) Manual Socket Wrench Market Revenues & Volume, By Industrial, 2021 - 2031F

6.2.5 United States (US) Manual Socket Wrench Market Revenues & Volume, By Others, 2021 - 2031F

7 United States (US) Manual Socket Wrench Market Import-Export Trade Statistics

7.1 United States (US) Manual Socket Wrench Market Export to Major Countries

7.2 United States (US) Manual Socket Wrench Market Imports from Major Countries

8 United States (US) Manual Socket Wrench Market Key Performance Indicators

8.1 Average order value (AOV) for manual socket wrench purchases

8.2 Customer satisfaction ratings for manual socket wrench products

8.3 Number of new product launches and product line expansions in the manual socket wrench market

9 United States (US) Manual Socket Wrench Market - Opportunity Assessment

9.1 United States (US) Manual Socket Wrench Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 United States (US) Manual Socket Wrench Market Opportunity Assessment, By Application, 2021 & 2031F

10 United States (US) Manual Socket Wrench Market - Competitive Landscape

10.1 United States (US) Manual Socket Wrench Market Revenue Share, By Companies, 2024

10.2 United States (US) Manual Socket Wrench Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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