Vietnam Hand Tool Market (2020-2026) | Companies, Share, Trends, Revenue, Growth, COVID-19 IMPACT, Forecast, Industry, Value, Analysis, Size & Outlook

Market Forecast By Types (Wrench, Plier, Screw Drivers, Hammers, Cable cutter, Others), By End-Users (Professional, Industrial, DIY), By Distribution Channels (Online, Offline) And Competitive Landscape
Product Code: ETC009530 Publication Date: Jun 2023 Updated Date: Apr 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Hand Tool Market Size Growth Rate


The Vietnam Hand Tool Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 13.98% in 2027, following an initial rate of 12.33%, before easing to 11.92% at the end of the period.

Vietnam Hand Tool Market Growth Rate

Hand Tool Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


By 2027, the Hand Tool market in Vietnam is anticipated to reach a growth rate of 13.98%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

Hand Tool Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

vietnam hand tool market Synopsis

The hand tool market in Vietnam is expected to grow at a CAGR of around 6.6% during the forecast period of 2020-2026. The growth can be attributed to increasing government initiatives towards skill development, rising investments in residential and commercial projects, growing demand from automotive industry, improving economic conditions and rising disposable incomes. Additionally the implementation of new rules and regulations related to industrial safety are also driving the growth of hand tools market in Vietnam.

Moreover, rapid urbanization has created opportunities for vendors operating in this sector as more people are moving away from rural regions towards cities creating need for construction activities thus fueling demand for power tools like drills & saws etc., Moreover manufacturers are focusing on introducing technically advanced products with features such as longer lasting batteries making them highly efficient which is further acting as a catalyst aiding the growth prospects of this market.

Key Highlights of the Report:

  • Vietnam Hand Tool Market Outlook
  • Market Size of Vietnam Hand Tool Market, 2019
  • Forecast of Vietnam Hand Tool Market, 2026
  • Historical Data and Forecast of Vietnam Hand Tool Revenues & Volume for the Period 2016 - 2026
  • Vietnam Hand Tool Market Trend Evolution
  • Vietnam Hand Tool Market Drivers and Challenges
  • Vietnam Hand Tool Price Trends
  • Vietnam Hand Tool Porter's Five Forces
  • Vietnam Hand Tool Industry Life Cycle
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Types for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Wrench for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Plier for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Screw Drivers for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Hammers for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Cable cutter for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Others for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By End-Users for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Professional for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Industrial for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By DIY for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Distribution Channels for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Online for the Period 2016 - 2026
  • Historical Data and Forecast of Vietnam Hand Tool Market Revenues & Volume By Offline for the Period 2016 - 2026
  • Vietnam Hand Tool Import Export Trade Statistics
  • Market Opportunity Assessment By Types
  • Market Opportunity Assessment By End-Users
  • Market Opportunity Assessment By Distribution Channels
  • Vietnam Hand Tool Top Companies Market Share
  • Vietnam Hand Tool Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Hand Tool Company Profiles
  • Vietnam Hand Tool Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Hand Tool Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Hand Tool Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Vietnam Hand Tool Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Hand Tool Market Revenues & Volume, 2019 & 2026F

3.3 Vietnam Hand Tool Market - Industry Life Cycle

3.4 Vietnam Hand Tool Market - Porter's Five Forces

3.5 Vietnam Hand Tool Market Revenues & Volume Share, By Types, 2019 & 2026F

3.6 Vietnam Hand Tool Market Revenues & Volume Share, By End-Users, 2019 & 2026F

3.7 Vietnam Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F

4 Vietnam Hand Tool Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Hand Tool Market Trends

6 Vietnam Hand Tool Market, By Types

6.1 Vietnam Hand Tool Market, By Types

6.1.1 Overview and Analysis

6.1.2 Vietnam Hand Tool Market Revenues & Volume, By Types, 2016 - 2026F

6.1.3 Vietnam Hand Tool Market Revenues & Volume, By Wrench, 2016 - 2026F

6.1.4 Vietnam Hand Tool Market Revenues & Volume, By Plier, 2016 - 2026F

6.1.5 Vietnam Hand Tool Market Revenues & Volume, By Screw Drivers, 2016 - 2026F

6.1.6 Vietnam Hand Tool Market Revenues & Volume, By Hammers, 2016 - 2026F

6.1.7 Vietnam Hand Tool Market Revenues & Volume, By Cable cutter, 2016 - 2026F

6.1.8 Vietnam Hand Tool Market Revenues & Volume, By Others, 2016 - 2026F

6.2 Vietnam Hand Tool Market, By End-Users

6.2.1 Overview and Analysis

6.2.2 Vietnam Hand Tool Market Revenues & Volume, By Professional, 2016 - 2026F

6.2.3 Vietnam Hand Tool Market Revenues & Volume, By Industrial, 2016 - 2026F

6.2.4 Vietnam Hand Tool Market Revenues & Volume, By DIY, 2016 - 2026F

6.3 Vietnam Hand Tool Market, By Distribution Channels

6.3.1 Overview and Analysis

6.3.2 Vietnam Hand Tool Market Revenues & Volume, By Online, 2016 - 2026F

6.3.3 Vietnam Hand Tool Market Revenues & Volume, By Offline, 2016 - 2026F

7 Vietnam Hand Tool Market Import-Export Trade Statistics

7.1 Vietnam Hand Tool Market Export to Major Countries

7.2 Vietnam Hand Tool Market Imports from Major Countries

8 Vietnam Hand Tool Market Key Performance Indicators

9 Vietnam Hand Tool Market - Opportunity Assessment

9.1 Vietnam Hand Tool Market Opportunity Assessment, By Types, 2019 & 2026F

9.2 Vietnam Hand Tool Market Opportunity Assessment, By End-Users, 2019 & 2026F

9.3 Vietnam Hand Tool Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F

10 Vietnam Hand Tool Market - Competitive Landscape

10.1 Vietnam Hand Tool Market Revenue Share, By Companies, 2019

10.2 Vietnam Hand Tool Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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