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Plier Market Share

Report ID: GMI12516
Published Date: Dec 2024
Report Format: PDF

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Plier Market Share

Plier Market Company Share Analysis, 2023

In 2023, key companies like Akar Tools, Snap-on, Stanely Black & Decker and others held a combined market share of 10-15%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Plier Market Companies

Major players operating in the plier industry are:

Akar Tools
Apex Tool Group
CHISEN Tools
Klein Tools
Knipex Tools
Lisle Corp
MARUTO HASEGAWA KOSAKUJO
Park Tool
Rennsteig Werkzeuge
Snap-on
Stanley Black & Decker
Taparia Tools
TOP KOGYO
TOPTUL
Tsunoda Corporation

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for plier was valued at USD 3.4 billion in 2023 and is expected to reach USD 4.8 billion by 2032, driven by a CAGR of over 4.2% from 2024 to 2032.

Locking pliers accounted for approximately USD 1.5 billion in revenue in 2023 and are projected to grow at a CAGR of around 3.4% from 2024 to 2032, driven by their versatile functionality and high durability.

The U.S. market was valued at USD 700 million in 2023 and is estimated to grow at a CAGR of over 3.6% from 2024 to 2032, driven by its substantial industrial base and robust DIY culture.

Major players in the industry include Akar Tools, Apex Tool Group, CHISEN Tools, Klein Tools, Knipex Tools, Lisle Corp, MARUTO HASEGAWA KOSAKUJO, Park Tool, Rennsteig Werkzeuge, Snap-on, Stanley Black & Decker, Taparia Tools, TOP KOGYO, TOPTUL, and Tsunoda Corporation.