Table of Content
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 21
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 23
2.2 Major Growth Drivers 27
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Asia Pacific Market by Product Type 42
3.1 Market Overview by Product Type 42
3.2 Cutting Tools 44
3.3 Drilling Tools 45
3.4 Grinding & Sanding Tools 46
3.5 Jointers, Planers & Routers 47
3.6 Other Products 48
4 Segmentation of Asia Pacific Market by Application 49
4.1 Market Overview by Application 49
4.2 Residential Use 51
4.3 Commercial Use 52
4.4 Industrial Use 53
4.5 Other Applications 54
5 Segmentation of Asia Pacific Market by Distribution Channel 55
5.1 Market Overview by Distribution Channel 55
5.2 Online Sales 57
5.3 Offline Sales 58
6 Asia-Pacific Market 2022-2032 by Country 59
6.1 Overview of Asia-Pacific Market 59
6.2 Japan 62
6.3 China 65
6.4 Australia 67
6.5 India 69
6.6 South Korea 71
6.7 Rest of APAC Region 73
7 Competitive Landscape 75
7.1 Overview of Key Vendors 75
7.2 New Product Launch, Partnership, Investment, and M&A 78
7.3 Company Profiles 79
3M Company 79
CRAFTSMAN 81
Ferm International 82
Festool 83
Hanley Wood Media Inc. 84
Hilti 85
JPW Industries 86
Koki Holdings America Ltd. 87
KYOCERA Corporation 88
Laguna Tools 89
Makita Corporation 90
Positec Tool Corporation 91
POWERTEC 92
PROXXON 93
Record Power 94
Richpower Industries Inc. 95
RIKON Power Tools 96
Robert Bosch Tool Corporation 97
Samtec Tools and Accessories Pvt. Ltd. 98
Stanley Black & Decker 99
Techtronic Industries 100
Triton Tools 101
WEN Products 102
RELATED REPORTS 103
List of Figures
List of Figures:
Figure 1. Research Method Flow Chart 10
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 15
Figure 4. Asia Pacific Benchtop Tools Market, 2022-2032, $ mn 17
Figure 5. Impact of COVID-19 on Business 21
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Benchtop Tools Market 27
Figure 7. World Construction Industry, 2019-2030, $ trillion 30
Figure 8. Worldwide B2C E-commerce Market, 2019-2030, $ bn 30
Figure 9. Primary Restraints and Impact Factors of Asia Pacific Benchtop Tools Market 31
Figure 10. Investment Opportunity Analysis 35
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Benchtop Tools Market 38
Figure 12. Breakdown of Asia Pacific Benchtop Tools Market by Product Type, 2022-2032, % of Revenue 43
Figure 13. Asia Pacific Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 43
Figure 14. Asia Pacific Benchtop Tools Market by Product Type: Cutting Tools, 2022-2032, $ mn 44
Figure 15. Asia Pacific Benchtop Tools Market by Product Type: Drilling Tools, 2022-2032, $ mn 45
Figure 16. Asia Pacific Benchtop Tools Market by Product Type: Grinding & Sanding Tools, 2022-2032, $ mn 46
Figure 17. Asia Pacific Benchtop Tools Market by Product Type: Jointers, Planers & Routers, 2022-2032, $ mn 47
Figure 18. Asia Pacific Benchtop Tools Market by Product Type: Other Products, 2022-2032, $ mn 48
Figure 19. Breakdown of Asia Pacific Benchtop Tools Market by Application, 2022-2032, % of Sales Revenue 50
Figure 20. Asia Pacific Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 50
Figure 21. Asia Pacific Benchtop Tools Market by Application: Residential Use, 2022-2032, $ mn 51
Figure 22. Asia Pacific Benchtop Tools Market by Application: Commercial Use, 2022-2032, $ mn 52
Figure 23. Asia Pacific Benchtop Tools Market by Application: Industrial Use, 2022-2032, $ mn 53
Figure 24. Asia Pacific Benchtop Tools Market by Application: Other Applications, 2022-2032, $ mn 54
Figure 25. Breakdown of Asia Pacific Benchtop Tools Market by Distribution Channel, 2022-2032, % of Sales Revenue 56
Figure 26. Asia Pacific Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 56
Figure 27. Asia Pacific Benchtop Tools Market by Distribution Channel: Online Sales, 2022-2032, $ mn 57
Figure 28. Asia Pacific Benchtop Tools Market by Distribution Channel: Offline Sales, 2022-2032, $ mn 58
Figure 29. Breakdown of APAC Benchtop Tools Market by Country, 2022 and 2032, % of Revenue 60
Figure 30. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 61
Figure 31. Benchtop Tools Market in Japan, 2022-2032, $ mn 63
Figure 32. Benchtop Tools Market in China, 2022-2032, $ mn 65
Figure 33. Benchtop Tools Market in Australia, 2022-2032, $ mn 67
Figure 34. Benchtop Tools Market in India, 2022-2032, $ mn 69
Figure 35. Benchtop Tools Market in South Korea, 2022-2032, $ mn 71
Figure 36. Benchtop Tools Market in Rest of APAC, 2022-2032, $ mn 73
Figure 37. Growth Stage of Asia Pacific Benchtop Tools Industry over the Forecast Period 75
List of Tables
List of Tables:
Table 1. Snapshot of Asia Pacific Benchtop Tools Market in Balanced Perspective, 2022-2032 16
Table 2. World Economic Outlook, 2021-2031 19
Table 3. World Economic Outlook, 2021-2023 20
Table 4. Scenarios for Economic Impact of Ukraine Crisis 24
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Benchtop Tools Market 34
Table 6. Asia Pacific Benchtop Tools Market by Product Type, 2022-2032, $ mn 42
Table 7. Asia Pacific Benchtop Tools Market by Application, 2022-2032, $ mn 49
Table 8. Asia Pacific Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 55
Table 9. APAC Benchtop Tools Market by Country, 2022-2032, $ mn 60
Table 10. Japan Benchtop Tools Market by Product Type, 2022-2032, $ mn 64
Table 11. Japan Benchtop Tools Market by Application, 2022-2032, $ mn 64
Table 12. Japan Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 64
Table 13. China Benchtop Tools Market by Product Type, 2022-2032, $ mn 66
Table 14. China Benchtop Tools Market by Application, 2022-2032, $ mn 66
Table 15. China Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 66
Table 16. Australia Benchtop Tools Market by Product Type, 2022-2032, $ mn 68
Table 17. Australia Benchtop Tools Market by Application, 2022-2032, $ mn 68
Table 18. Australia Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 68
Table 19. India Benchtop Tools Market by Product Type, 2022-2032, $ mn 70
Table 20. India Benchtop Tools Market by Application, 2022-2032, $ mn 70
Table 21. India Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 70
Table 22. South Korea Benchtop Tools Market by Product Type, 2022-2032, $ mn 72
Table 23. South Korea Benchtop Tools Market by Application, 2022-2032, $ mn 72
Table 24. South Korea Benchtop Tools Market by Distribution Channel, 2022-2032, $ mn 72
Table 25. Benchtop Tools Market in Rest of APAC by Country/Region, 2022-2032, $ mn 74
Table 26. 3M Company: Company Snapshot 79
Table 27. 3M Company: Business Segmentation 80
Table 28. 3M Company: Product Portfolio 80