"Do-It-Yourself (DIY) Tools Market

Do-it-yourself (DIY) tools market will expect to grow at a rate of 4.0% for the forecast period of 2021 to 2028. Do-it-yourself (DIY) tools market report analyses the growth, which is currently being growing due to the increasing adoption of cordless power tools across the globe.

A power tool can be described as a device that is operated by an additional source of power, such as an electric motor, IC motors, and compressed air. Power instruments are used in the construction, shipbuilding, oil, and automotive industries for various applications. There are different commercial and industrial uses for power tools, such as drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating, and others. These instruments are also available in different types and include hammer drills, electric screwdrivers, and fast screw guns that are easy to operate. Manufacturers are spending more in cordless power tools with continued research and growth.

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The major players covered in the do-it-yourself (DIY) tools market report are Stanley Black & Decker, Inc.; Robert Bosch Power Tools GmbH; Makita Power Tools India Pvt. Ltd.; Hilti India Private Limited; Atlas Copco (India) Ltd.; Apex Tool Group, LLC.; Ingersoll-Rand plc; Snap-on Incorporated.; Koki Holdings Co., Ltd.; Emerson Electric Co.; Panasonic Life Solutions India Pvt. Ltd.; Illinois Tool Works Inc.; Fortive.; ANDREAS STIHL AG & Co. KG ('STIHL').; CHERVON (China) Trading Co., Ltd.; FEIN POWER TOOLS INDIA PVT LTD.; Ferm International B.V.; AIMCO.; URYU SEISAKU, LTD.; Festool GmbH.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Do-It-Yourself (DIY) Tools Market Scope and Market Size

Do-it-yourself (DIY) tools market is segmented on the basis of product type and retail format sales. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

• On the basis of product type, the do-it-yourself (DIY) tools market is segmented into power tools, hand tools, and decorative tools.  
• Based on retail format sales, the do-it-yourself (DIY) tools market is segmented into DIY stores, specialty stores, furniture stores, online, and others.

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Do-It-Yourself (DIY) Tools Market Country Level Analysis

Do-it-yourself (DIY) tools market is analysed and market size, volume information is provided by country, product type and retail format sales as referenced above.

The countries covered in the do-it-yourself (DIY) tools market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the do-it-yourself (DIY) tools market due to the increasing preferences among the consumers for home improvement along with rising proliferation of media in the form of cable TV, internet and other, rising importance of digitalization in the region. Europe region is expected to hold the largest growth rate due to the rising investment by the consumer on home improvement.

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