INDUSTRIES

&

MARKETSTools

&

Machines:

market

data&

analysisMarket

InsightsreportSeptember2023Table

of

ContentsOverviewAppendixSummary567Product

OverviewAuthor1718MarketDefinitionKeyTakeawaysMarket

NumbersRevenue91215AverageRevenue

per

CapitaCompanyrevenues2MARKET

INSIGHTSThis

report

is

part

ofour

Market

Insights

productGainabetterunderstandingofmarketsacross190+

geographicalentities

–

onaglobal,

regional,country,

and/orstatelevel.

Accessourdatavia

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advertising&media,consumers,countries,digital

sector,finance,health,

industrialsector,mobility,andtechnology?

1,000+

markets,

e.g.,

FinTech,Food,or

Robotics?

KPIs,

e.g.,

revenue,marketshares,prices,andvolume?

Features:Compare

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support,resourceallocation,andportfolio

management10sectors190+geographicalentities1,000+markets400+reportsFind

out

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on:https://www.Goto

Market

Insightscom/outlook/3CHAPTER

1OverviewThe

rise

in

the

number

of

DIY

enthusiasts

is

expectedto

drive

market’s

growthOverview:

SummarySummaryTheTools

&Machines

segment

hasexperienced

significantgrowth

inthepastdecade.

Oneofthemaindrivers

forthishasbeen

strong

growth

inthereal

estatemarket.

Home

improvement

television

shows

hasalsobeen

apowerful

driver

asithasgiven

people

ideasandinspirationfor

theirown

projects.

Anotherdriverthatcannotbeignored

issocial

media.

Ithasempowered

people

aroundtheworld

byproviding

tutorials,videos,

andforumstomake

iteasier

forthemtoundertakedo-it-yourself

(DIY)

projects.

Allthese

drivers

havecontributed

to

thesteady

increase

in

demand

forpower

tools,handtools,andother

machinery

usedforDIYprojects.The

Covid-19

pandemichad

asignificantimpacton

theTools

&Machines

segment.

Thelockdowns

and

disruptionsinsupplychainsresulted

inadecline

indemand,particularlyintheconstruction

sector.

However,

themarketsawasurge

indemand

forhome

improvement

tools

as

people

resorted

toDIYprojects

duringthelockdown.

Thepandemicalsoaccelerated

the

shifttowards

e-commerce,

leading

to

anincrease

inonlinesales

oftools

and

machinery.Despitetheimpact

ofCovid,theTools

&Machinessegment

isexpected

to

grow

inthecoming

years.

Oneof

the

main

reasons

fortheoptimistic

outlook

is

the

rise

inthenumberof

DIYenthusiasts.

Additionally,advancements

intechnology,

suchastheincreasing

useofsmart

tools

and

connected

machinery,

areexpected

to

drive

thissegment’s

growth.5Sources:Market

Insights

2023Tools

&

Machines

are

extremely

important

in

completing

a

wide-range

of

DIYprojectsOverview:

Market

DefinitionMarket

definitionDefinition:Inthe

segment

Tools

&

Machines,

the

focus

lies

onthedifferent

typesoftools

thatcanbeusedforDIY

&Hardware.

Thisincludesthe

most

commontypesoftools

suchashandtools

andpower

tools

aswell

asmeasuring

andmarking

tools.

Also,tools

accessories

suchasreplaceable

partsoftools

arecovered

bythissegment.AdditionalInformation:Themarket

consistsof

revenue

and

average

revenue

percapitadata.Percapitafigurestakeinto

account

the

whole

population.

Thismarket

includesonlyB2C(businesstoconsumer)

sales.

B2B

(businesstobusiness)

sales(e.

g.,

hardware

forcoffee

shops,offices,

etc.)

are

excluded.6Sources:Market

Insights

2023Tools

&

Machines

accounted

for

7.95%

of

the

DIY

&

Hardware

Store

marketrevenue

in

2022Overview:

Key

Takeaways

and

inscope

/outof

scopeKeyTakeawaysInscopeOutof

scopeRevenue

intheTools

&Machines

market

amountstoUS$227.80bn

in2023.

Themarket

isexpected

to

grow

annuallyby

2.77%

(CAGR2023-2028).Thismarket

includes:Thismarket

excludes:Inglobalcomparison,

most

revenue

isgenerated

inChina

(US$75.95bn

in2023).?Hand

tools?Tool

storage

&work

surfacesInrelation

to

totalpopulation

figures,per

person

revenues

of

US$29.66

aregenerated

in

2023.?Power

tools?Power

&electrical

supplies(powerinlets,solar

energy

kits,extensioncords,

etc.)?Measuring

&marking

tools?Tool

accessories?Professional

construction

machineryandmasonry

tools

(cement

mixer,power

trowels)?Industrialgases&accessories?Vacuumcleaners?Caraccessories?Workwear

&protective

clothing7Sources:Market

Insights

2023CHAPTER

2Market

NumbersTools

&

Machines

revenues

are

estimated

to

increase

at

a

CAGR(1)

of

2.7%

from2018

to

2028Market

Size:

GlobalRevenue

inbillionUS$+2.7%(1)261.1254.3247.8241.3234.6227.8221.5209.0209.2202.1199.7201820192020202120222023202420252026202720289Notes:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023Sources:With

revenue

of

US$

117.2

billion,

Asia

is

the

biggest

market

among

selectedregions

in

2022Market

Size:

Regional

Comparison

(1/2)Revenue

inbillionUS$+3.4%(1)143.6117.2+3.5%(1)+5.3%(1)61.049.7+4.6%(1)34.6+3.2%(1)25.518.514.22.83.42022202820222028202220282022202820222028EuropeAfricaAmericasAsiaAustralia&Oceania10

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023With

revenue

of

US$

70.1

billion,

China

is

the

biggestmarket

among

selectedcountries

in

2022Market

Size:

Regional

Comparison

(2/2)Revenue

inbillionUS$+3.4%(1)85.970.1+3.6%(1)47.038.1+4.6%(1)+3.6%(1)+4.5%(1)4.33.91.72.23.33.22022202820222028202220282022202820222028ChinaUnited

StatesUnited

KingdomGermanyFrance11

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023Tools

&

Machinesaverage

revenue

per

capita

is

estimated

to

increase

at

aCAGR(1)

of

1.8%

from

2018

to

2028Market

Size:

GlobalAveragerevenue

percapita

inUS$+1.8%(1)32.632.031.430.930.329.729.428.027.327.327.52018201920202021202220232024202520262027202812

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023With

average

revenue

per

capita

of

US$

67.4,

Australia

&

Oceania

is

the

biggestmarket

among

selected

regions

in

2022Market

Size:

Regional

Comparison

(1/2)Averagerevenue

percapita

inUS$+2.0%(1)76.2+2.8%(1)67.558.3+5.3%(1)49.5+2.8%(1)40.830.730.0+2.2%(1)26.113.211.52022202820222028202220282022202820222028EuropeAfricaAmericasAsiaAustralia&Oceania13

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023With

average

revenue

per

capita

of

US$

113.7,

the

United

States

is

the

biggestmarket

among

selected

countries

in

2022Market

Size:

Regional

Comparison

(2/2)Averagerevenue

percapita

inUS$+3.0%(1)135.9113.7+3.3%(1)+3.4%(1)+4.7%(1)58.459.3+4.2%(1)51.248.148.538.831.324.52022202820222028202220282022202820222028ChinaUnitedStatesUnitedKingdomGermanyFrance14

Notes:Sources:(1)

CAGR:

Compound

Annual

GrowthRateMarket

Insights

2023Revenues

of

the

top

companies

in

the

Tools

&

Machines

market

(worldwide

&consolidated)FurtherMarket

AnalysisCompany

revenues

inbillionCompany2018

2019

2020

2021

20229.85

10.43

11.11

11.71BunningsWarehouse

9.62Hornbach

HoldingKingfisher5.155.296.236.9518.14

17.49Lowe’s

Cos72.151089.6

96.25

68.62

68.6210

10.7

11.8

13Menard,

IncTheHome

Depot108.2

110.22

132.11

151.16

157.415Sources:Market

Insights

2023CHAPTER

3AppendixMARKET

INSIGHTSMarket

Insights

–

market

data,forecasts,

and

qualitative

insightsGainabetterunderstandingofmarketsacross190+

geographicalentities

–

onaglobal,

regional,country,

and/orstatelevel.

Accessourdatavia

webinterface,download(XLS,

PDF,PPT),or

reports.Benefitfromour48-hourcustomerservice

guarantee.?

10

sectors:

advertising&med