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 | |
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.
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.
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.
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 |