Report Update Mar 1, 2025

Northern America - Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Northern America: Hand Tools Market 2025

Hand Tools Market Size in Northern America

The North American hand tools market skyrocketed to $X in 2021, increasing by 16% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Hand Tools Production in Northern America

In value terms, hand tools production expanded significantly to $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -6.6% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 36%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Hand Tools Exports

Exports in Northern America

In 2021, overseas shipments of hand tools were finally on the rise to reach X tons for the first time since 2014, thus ending a six-year declining trend. In general, exports, however, showed a abrupt decrease. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, hand tools exports surged to $X in 2021. Over the period under review, exports, however, recorded a slight decline. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United States represented the major exporter of hand tools in Northern America, with the volume of exports reaching X tons, which was near 77% of total exports in 2021. It was distantly followed by Canada (X tons), comprising a 23% share of total exports.

Exports from the United States decreased at an average annual rate of -11.0% from 2012 to 2021. Canada (-2.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Canada increased by +12 percentage points.

In value terms, the United States ($X) remains the largest hand tools supplier in Northern America, comprising 88% of total exports. The second position in the ranking was taken by Canada ($X), with a 12% share of total exports.

In the United States, hand tools exports shrank by an average annual rate of -1.1% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, picking up by 6.8% against the previous year. Over the period under review, the export price posted strong growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 55%. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+11.1%).

Hand Tools Imports

Imports in Northern America

In 2021, approx. X tons of hand tools were imported in Northern America; increasing by 43% on 2020. In general, imports saw a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand tools imports surged to $X in 2021. The total import value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, accounting for X tons, which was approx. 94% of total imports in 2021. It was distantly followed by Canada (X tons), creating a 5.9% share of total imports.

The United States was also the fastest-growing in terms of the hand tools imports, with a CAGR of +12.1% from 2012 to 2021. Canada experienced a relatively flat trend pattern. The United States (+8.6 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -8.5% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported hand tools in Northern America, comprising 84% of total imports. The second position in the ranking was taken by Canada ($X), with a 16% share of total imports.

In the United States, hand tools imports increased at an average annual rate of +4.5% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, with a decrease of -15.3% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when the import price increased by 8.6% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand tools in Northern America?

The country with the largest volume of hand tools consumption was the United States, accounting for 92% of total volume. Moreover, hand tools consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, more than tenfold.

What are the largest producers of hand tools in Northern America?

The United States constituted the country with the largest volume of hand tools production, comprising approx. 93% of total volume. Moreover, hand tools production in the United States exceeded the figures recorded by the second-largest producer, Canada, more than tenfold.

What are the leading suppliers of hand tools in Northern America?

In value terms, the United States remains the largest hand tools supplier in Northern America, comprising 88% of total exports. The second position in the ranking was occupied by Canada, with a 12% share of total exports.

What are the leading importers of hand tools in Northern America?

In value terms, the United States constitutes the largest market for imported hand tools in Northern America, comprising 84% of total imports. The second position in the ranking was occupied by Canada, with a 15% share of total imports.

What is the average export price for hand tools in Northern America?

The hand tools export price in Northern America stood at $17,762 per ton in 2020, shrinking by -2.1% against the previous year.

What is the average import price for hand tools in Northern America?

In 2020, the hand tools import price in Northern America amounted to $8,104 per ton, which is down by -19.1% against the previous year.

This report provides an in-depth analysis of the hand tools market in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25731010 - Spades and shovels
Prodcom 25731020 -
Prodcom 25731030 - Mattocks, picks, hoes and rakes
Prodcom 25731040 - Axes, bill hooks and similar hewing tools (excluding ice axes)
Prodcom 25731050 - Secateurs and similar one-handed pruners and shears (including poultry shears) (excluding secateur type scissors with secateur blades with finger rings, pruning knives)
Prodcom 25731060 - Hedge shears, two-handed pruning shears and similar twohanded shears
Prodcom 25731070 -
Prodcom 25732010 - Hand saws (excluding hand saws with a self-contained motor)
Prodcom 25732020 - Band saw blades
Prodcom 25732030 - Circular saw blades with steel working parts (including slotting or slitting saw blades)
Prodcom 25732050 - Circular saw blades with non-steel working parts (including slitting or slotting saw blades, parts)
Prodcom 25732093 - Straight saw blades for working metal
Prodcom 25732095 -
Prodcom 25732099 -
Prodcom 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
Prodcom 25733015 -
Prodcom 25733017 -
Prodcom 25733023 - Metal cutting shears and similar hand tools
Prodcom 25733025 - Pipe-cutters, bolt croppers, perforating punches and similar tools excluding punches and files for machine tools, machinetype metal cutting shears and office perforating punches, t icket punches
Prodcom 25733033 - Non-adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
Prodcom 25733035 - Adjustable hand-operated spanners and wrenches (including torque meter wrenches) (excluding tap wrenches)
Prodcom 25733037 - Interchangeable spanner sockets
Prodcom 25733053 - Drilling, threading or tapping hand tools excluding interchangeable hand tools, machine-tools or power-operated hand tools, pneumatic tools or hand tools with a selfcontained motor
Prodcom 25733055 - Hammers and sledge hammers with working part of metal
Prodcom 25733057 - Planes, chisels, gouges and similar cutting tools for working wood
Prodcom 25733063 - Screwdrivers
Prodcom 25733065 - Household hand tools
Prodcom 25733073 - Other tools for masons, moulders, cement workers, plasterers and painters
Prodcom 25733077 - Other hand tools (including cartridge operated riveting) w allplugging and similar hand tools
Prodcom 25733083 - Blow lamps (excluding gas-operated welding appliances)
Prodcom 25733085 - Vices, clamps and the like
Prodcom 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
Prodcom 25732097 - Saw blades with working part of base metal (excluding band saw blades, circular saw blades, musical saw blades)
Prodcom 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal

Country coverage:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024