Hacksaw Blades Market Size to Grow by 4.94%, Household Appliances Market to be Parent Market -Technavio

NEW YORK, Feb. 13, 2023 /PRNewswire/ -- According to Technavio, the global hacksaw blades market size is estimated to grow by USD 304.01 million from 2022 to 2027. The market is estimated to grow at a CAGR of 4.94% during the forecast period. Moreover, the growth momentum will accelerate. Europe will account for 33% of the market's growth during the forecast period. The report includes historic market data from 2017 to 2021. In 2017, the hacksaw blades market was valued at USD 981.53 million. The report also provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. For more insights on the market, request a sample report

Hacksaw blades market - Five forces
The global hacksaw blades market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For an interpretation of Porter's five forces model – Buy the report!

Hacksaw blades market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Hacksaw blades market - Segmentation assessment

Segment overview
Technavio has segmented the market based on product (power hacksaw blades and hand hacksaw blades) and material (aluminum, brass, and mild steel). 

• The power hacksaw segment will account for a significant share of the market's growth during the forecast period. The rising number of commercial infrastructure construction projects globally is fueling the demand for hacksaw blades. Moreover, governments of various countries are investing large amounts in the development of sports infrastructure and facilities. In addition, the spending on capital-intensive projects and infrastructure is expected to rise significantly over the next decade. This, in turn, will propel the demand for power hacksaw blades during the forecast period.

Geography overview
Based on geography, the global hacksaw blades market is segmented into Europe, APAC, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global hacksaw blades market.

• Europe is estimated to account for 33% of the growth of the global market during the forecast period. Rapid urbanization is fueling the growth of residential and commercial construction activities. Moreover, the rising construction spending in countries such as Russia, France, and Germany is increasing the demand for hacksaw blades. For instance, the government of Russia has announced investments of USD 40 billion in infrastructure development. Such infrastructure projects are expected to drive the growth of the market in the region during the forecast period.

Download a sample report

Hacksaw blades market – Market dynamics
Key factor driving market growth

• The growing demand for furniture is driving the market growth.
• Hacksaw blades are used for cutting and shaping wood, which is used in different types of furniture such as doors, windows, and cabinets.
• Moreover, increasing consumer demand globally, real estate developments, and the growing residential and commercial construction activities are expected to increase the demand for furniture during the forecast period.
• In addition, government initiatives and growing foreign and domestic investments in improving infrastructure are driving the growth of the real estate sector in emerging economies such as India, China, Brazil, and Indonesia.
• These factors will fuel the growth of the market during the forecast period.

Leading trends influencing the market 

• The growing trend of online sales is a key trend in the market.
• The popularity of online shopping is increasing among consumers globally, as it is convenient and saves time.
• Leading retailers offer a wide range of hacksaw blades through their own websites as well as through other e-commerce websites.
• With the advent of social media, increasing Internet penetration, and the growing adoption of smartphones, customers can easily choose from a wide variety of hacksaw blade products offered by different manufacturers.
• Moreover, vendors are collaborating with major online retailers to increase their sales and profits.
• These factors will support the market during the forecast period.

Major challenges hindering the market growth

• Volatility in raw material prices is challenging the market growth.
• Steel, aluminum, and copper are some of the main raw materials used to manufacture hacksaw blades.
• However, the prices of these raw materials fluctuate constantly based on their availability and the growing demand-supply gap.
• Any increase in these prices raises the manufacturing cost of hacksaw blades and lowers the profit margins of vendors.
• Moreover, some manufacturers use low-cost substitutes to remain competitive in the market, which may compromise the product quality.
• These factors will impede the market growth during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this hacksaw blades market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the hacksaw blades market between 2023 and 2027
• Precise estimation of the size of the hacksaw blades market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the hacksaw blades market across Europe, APAC, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of hacksaw blades market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

The saw blades market size is expected to increase by USD 865.15 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.74%. This report extensively covers segmentation by product (stone cutting saw blades, circular saw blades, band saw blades, chain saw blades, and others) and geography (Europe, APAC, North America, Middle East and Africa, and South America).

The hand tools market size is expected to increase by USD 2.11 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.96%. This report extensively covers segmentation by application (general-purpose, metal cutting, and others), end-user (industrial and household), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Browse for Technavio's consumer discretionary market reports

Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global hacksaw blades market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global hacksaw blades market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Material Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Material Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Power hacksaw blades - Market size and forecast 2022-2027
• Exhibit 34: Chart on Power hacksaw blades - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Power hacksaw blades - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Power hacksaw blades - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Power hacksaw blades - Year-over-year growth 2022-2027 (%)

• 6.4 Hand hacksaw blades - Market size and forecast 2022-2027
• Exhibit 38: Chart on Hand hacksaw blades - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Hand hacksaw blades - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Hand hacksaw blades - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Hand hacksaw blades - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)

7 Market Segmentation by Material

• 7.1 Market segments 
• Exhibit 43: Chart on Material - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Material - Market share 2022-2027 (%)

• 7.2 Comparison by Material 
• Exhibit 45: Chart on Comparison by Material
• Exhibit 46: Data Table on Comparison by Material

• 7.3 Aluminum - Market size and forecast 2022-2027
• Exhibit 47: Chart on Aluminum - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Aluminum - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Aluminum - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Aluminum - Year-over-year growth 2022-2027 (%)

• 7.4 Brass - Market size and forecast 2022-2027
• Exhibit 51: Chart on Brass - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Brass - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Brass - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Brass - Year-over-year growth 2022-2027 (%)

• 7.5 Mild steel - Market size and forecast 2022-2027
• Exhibit 55: Chart on Mild steel - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Mild steel - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Mild steel - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Mild steel - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Material 
• Exhibit 59: Market opportunity by Material ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 61: Chart on Market share by geography 2022-2027 (%)
• Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 63: Chart on Geographic comparison
• Exhibit 64: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 Bipico Industries (Tools) Pvt. Ltd. 
• Exhibit 112: Bipico Industries (Tools) Pvt. Ltd. - Overview
• Exhibit 113: Bipico Industries (Tools) Pvt. Ltd. - Product / Service
• Exhibit 114: Bipico Industries (Tools) Pvt. Ltd. - Key offerings

• 12.4 C. and E. Fein GmbH 
• Exhibit 115: C. and E. Fein GmbH - Overview
• Exhibit 116: C. and E. Fein GmbH - Product / Service
• Exhibit 117: C. and E. Fein GmbH - Key offerings

• 12.5 Capri Tools 
• Exhibit 118: Capri Tools - Overview
• Exhibit 119: Capri Tools - Product / Service
• Exhibit 120: Capri Tools - Key offerings

• 12.6 Disston Co. 
• Exhibit 121: Disston Co. - Overview
• Exhibit 122: Disston Co. - Product / Service
• Exhibit 123: Disston Co. - Key offerings

• 12.7 Drill America 
• Exhibit 124: Drill America - Overview
• Exhibit 125: Drill America - Product / Service
• Exhibit 126: Drill America - Key offerings

• 12.8 Gwalior Tools Ltd. 
• Exhibit 127: Gwalior Tools Ltd. - Overview
• Exhibit 128: Gwalior Tools Ltd. - Product / Service
• Exhibit 129: Gwalior Tools Ltd. - Key offerings

• 12.9 Klein Tools Inc. 
• Exhibit 130: Klein Tools Inc. - Overview
• Exhibit 131: Klein Tools Inc. - Product / Service
• Exhibit 132: Klein Tools Inc. - Key offerings

• 12.10 Magicut Tools Ltd. 
• Exhibit 133: Magicut Tools Ltd. - Overview
• Exhibit 134: Magicut Tools Ltd. - Product / Service
• Exhibit 135: Magicut Tools Ltd. - Key offerings

• 12.11 Pilana Metal Sro 
• Exhibit 136: Pilana Metal Sro - Overview
• Exhibit 137: Pilana Metal Sro - Product / Service
• Exhibit 138: Pilana Metal Sro - Key offerings

• 12.12 Robert Bosch GmbH 
• Exhibit 139: Robert Bosch GmbH - Overview
• Exhibit 140: Robert Bosch GmbH - Business segments
• Exhibit 141: Robert Bosch GmbH - Key news
• Exhibit 142: Robert Bosch GmbH - Key offerings
• Exhibit 143: Robert Bosch GmbH - Segment focus

• 12.13 Sandvik AB 
• Exhibit 144: Sandvik AB - Overview
• Exhibit 145: Sandvik AB - Business segments
• Exhibit 146: Sandvik AB - Key news
• Exhibit 147: Sandvik AB - Key offerings
• Exhibit 148: Sandvik AB - Segment focus

• 12.14 Snap On Inc. 
• Exhibit 149: Snap On Inc. - Overview
• Exhibit 150: Snap On Inc. - Business segments
• Exhibit 151: Snap On Inc. - Key news
• Exhibit 152: Snap On Inc. - Key offerings
• Exhibit 153: Snap On Inc. - Segment focus

• 12.15 Stanley Black and Decker Inc. 
• Exhibit 154: Stanley Black and Decker Inc. - Overview
• Exhibit 155: Stanley Black and Decker Inc. - Business segments
• Exhibit 156: Stanley Black and Decker Inc. - Key news
• Exhibit 157: Stanley Black and Decker Inc. - Key offerings
• Exhibit 158: Stanley Black and Decker Inc. - Segment focus

• 12.16 Techtronic Industries Co. Ltd. 
• Exhibit 159: Techtronic Industries Co. Ltd. - Overview
• Exhibit 160: Techtronic Industries Co. Ltd. - Business segments
• Exhibit 161: Techtronic Industries Co. Ltd. - Key offerings
• Exhibit 162: Techtronic Industries Co. Ltd. - Segment focus

• 12.17 The L.S. Starrett Co. 
• Exhibit 163: The L.S. Starrett Co. - Overview
• Exhibit 164: The L.S. Starrett Co. - Business segments
• Exhibit 165: The L.S. Starrett Co. - Key offerings
• Exhibit 166: The L.S. Starrett Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 167: Inclusions checklist
• Exhibit 168: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 169: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 170: Research methodology
• Exhibit 171: Validation techniques employed for market sizing
• Exhibit 172: Information sources

• 13.5 List of abbreviations 
• Exhibit 173: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio