Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Mechanical Hand Tools Market Research Report- Glob | Page 2

2016, Hilmor, Irwin, Lenox Brands has been acquired by Stanley Black & Decker. This will
Enhance Stanley Black & Decker's Strong Brand Portfolio.
On May 2017, Snap-on acquired Norbar Torque Tools, to expand its geographical footprint and
product offering. With this acquisition, Snap-on is pressing ahead with further development
and is expanding its market share with its core business sector.
Market Synopsis of Mechanical Hand Tools Market.
The need for mechanical hand tools is gradually rising owing to factors such as, growing
demand from construction industry coupled with increasing industrialization, growing
application industries, increasing demand from household applications and among others.
Mechanical hand tools are widely used in the construction industry. The rise in the number of
manufacturing plants, where hand tools are majorly used, will lead to the growth of mechanical
hand tool market. The industrial sector is expected to grow and would increase in demand for
professional hand tools kit, thus leading to the growth of the market. On the other hand, the
need for hand tools is likely to increase with the increase in the demand for wooden furniture.
The key factors responsible for the growth of the furniture market is growth in construction and
renovation activities. Increase in the number of single-person and two person households, has
resulted in the increase in demand for small and convenient furniture.
The global Mechanical Hand Tools market has witnessed a moderate growth over the past few
year and it has been analysed that the market will grow at the same pace during the forecast
period.
The report for Global Mechanical Hand Tools Market of Market Research Future comprises of
extensive primary research along with the detailed analysis of qualitative as well as quantitative
aspects by various industry experts, key opinion leaders to gain the deeper insight of the
market and industry performance. The report gives the clear picture of current market scenario
which includes historical and projected market size in terms of value and volume, technological
advancement, macro economical and governing factors in the market. The report provides
details information and strategies of the top key players in the industry. The report also gives a
broad study of the different market segments and regions.
Complete Report Details @ https://www.marketresearchfuture.com/reports/mechanical-
hand-tools-market-3602
Table of Contents
1 Executive Summary
2 Introduction