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Screwdriver Market Share

Report ID: GMI12345
Published Date: Nov 2024
Report Format: PDF

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Screwdriver Market Share

Companies like Bosch, Makita, Klein Tools, Stanley Black & Decker, and Wiha Tools hold 15-20% of the screwdriver industry share. They have achieved this by offering high-quality, innovative products and building a strong brand reputation. Their wide range of products and extensive distribution networks help them meet the needs of both professionals and DIY enthusiasts.

Screwdriver Market Companies

Major players operating in the screwdriver industry are:

Bosch Power Tools
C.K Tools
Endevco
Felo Tools
Husky Tools
Irwin Tools
Klein Tools
Makita
Park Tool
Proto Tool
Snap-On
Stanley Black & Decker
Tajima Tools
Vessel
Wiha Tools

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for screwdriver was valued at USD 4.5 billion in 2023 and is estimated to grow at a 4.7% CAGR from 2024 to 2032, driven by the rise in DIY and home improvement activities.

The manual screwdriver segment recorded USD 1.9 billion in 2023 and is expected to grow at a 4.2% CAGR up to 2032, due to their simplicity, affordability, and durability.

The DIY and home improvement segment held approximately 29.7% of the market share in 2023 and is projected to grow at a 5.4% CAGR through 2032, fueled by the post-COVID-19 surge in DIY culture.

The U.S. screwdriver market recorded a 55.4% share in 2023 and is expected to grow at a 5.7% CAGR up to 2032, led by the strong manufacturing sector and diverse industrial base.

Key players in the screwdriver industry include Bosch Power Tools, C.K Tools, Endevco, Felo Tools, Husky Tools, Irwin Tools, Klein Tools, Makita, Park Tool, Proto Tool, Snap-On, Stanley Black & Decker, Tajima Tools, Vessel, and Wiha Tools.