Tag Archives: Household & DIY Hand Tools Market Trends

Household & DIY Hand Tools Market, Industry Analysis,Trends and Forecast 2017 – 2026

By adopting a DIY approach, consumers are executing the common upkeeps of their households through the use of manual tools. Manufacturers of hand tools have been capitalizing on this trend by offering a wide range of household & DIY hand tools. While the demand for household & DIY hand tools gains subtle traction, manufacturers are concerned with the growing market penetration of DIY power tools. Moreover, production of household & DIY hand tools is becoming complex as market players are expected to offer these tools at cheap prices. This has stepped the profit margins for manufacturers, and cost-effective procurement of raw materials continues to curtail large-scale production of household & DIY hand tools.