24/7 Customer Support

North America Professional Grade Tool Chests Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

North America Professional Grade Tool Chests Market- (By Tools Chest Type- Rolling Tool Cabinets, Side Cabinets & Lockers, Tool Cabinets & Chest Combinations and Top Chests, Intermediate Chests & Hutches; By Distribution Channel- Direct Sales, Distributors, Online and Offline; By End User- Residential and Non-residential; and By Country) - Industry Dynamics, Market Size and Opportunity Forecast, 2030

  • Published On: 08-Jun-2022  |  Format: pdfpowerpointexcel  |  Report ID: AA0622262
    Delivery: 2 to 4 Hours

FREQUENTLY ASKED QUESTIONS

A professional grade tool chest or a box is used to transport, store and protect sets of tools in an organized manner. They are used to store, organize, carry different types and sizes of tools for range of applications.

Tool organization can help to reduce time wastage, save money, easy movability, longer production time and physiological factor.

The North America professional grade tool chests market is studied from 2017-2030. 

The growth rate of the North America professional grade tool chests market is 5.0%, with an estimated value of US$ 3,021.6 Million by 2030. 

US held the major share in terms of revenue, in the North America professional grade tool chests market in 2021. 

Factors such as increasing manufacturing & construction work and growth in residential & commercial places drives the growth in the market.

Raw material quality & workflow management is a restraining factor which inhibits the growth of the market during the forecast period.

Tools chest type, distribution channel and end user are the different segments of the North America professional grade tool chests market. 

Continuous developments in technology crates a lucrative growth opportunity in the market.

The tool cabinets & chest combinations hold the largest market share in 2021.

In terms of the recent outbreak of the COVID-19 pandemic, the North America demand for professional grade tool chests is significantly reduced as operations were stopped due to pandemic related restrictions.

The key players operating in the market include Clarke Tools, CURT Manufacturing LLC (UWS), Husky Tools, Kennedy, Milwaukee Tools, Moduline, Pioneer Steel USA, Snap On, Stanley Black and Decker Group, Sunex Tools and Techtronic Industries among others.