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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Flooring Tools Market Outlook
The global flooring tools market is expected to grow at a CAGR of 6.2% between 2024 and 2032.
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Market Drivers and Key Trends
Flooring tools are essential for providing an ultimate finish to floors along with well-structured foundation. They consist of items such as chalk lines, utility knifes, paint cutting boards, masking or painter’s tape, measuring tapes, floor buffing machines, rollers and pans, edger sanders, flooring rollers, and metal straight edges, among other such tools.
- The growing construction industry along with the increasing renovations in residential and other commercial sectors is driving the flooring tools market growth across the globe during the forecast period.
- The expansion of infrastructure coupled with the surging demand for green and energy-efficient buildings is expected to fuel the market growth of flooring tools over the coming years. This is owing to the growing population and rapid urbanisation.
- The increasing concern of people regarding home designs along with shifting trends in home furnishing is further expected to positively influence the market demand for flooring in coming years. Even with fully functional homes, residents and owners are interested in ways to improve the aesthetics.
- The increasing popularity of interior designing among various sectors for industrial and commercial environments coupled with an upsurge in customising of remodelling and renovation activities are expected to push forward the market growth over the coming years.
Market Analysis
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Based on type, the flooring tools market can be segmented into floor stripping machines, floor sanders and edgers, floor nailers and staplers, knee pads, wood and laminate cutters, tile cutters and scoring wheels, and tile saws, among others. On the basis of application, the market is categorised into residential, commercial, and industrial. Based on the distribution channel, the market is divided into online and offline. The regional markets can be divided into North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global flooring tools market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Stanley Black & Decker, Inc.
- Robert Bosch GmbH
- Powernail Company
- Q.E.P. Co., Inc.
- Hyde Tools, Inc
- Traxx Corporation
- TJM Design Co., Ltd.
- iQ Power Tools
- Better Tools, LLC
- MARSHALLTOWN Company
- Others
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Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Distribution Channels |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is assessed to grow at a CAGR of 4.3% between 2024 and 2032.
The major market drivers is the growing urban population along with the rising construction industry.
The key market trends include the increasing disposable income among people, expansion of infrastructure, and growing preference for re-designing interiors.
The various types of flooring tools in the market include floor stripping machines, floor sanders and edgers, floor nailers and staplers, knee pads, wood and laminate cutters, tile cutters and scoring wheels, and tile saws, among others.
The major players in the market are STANLEY BLACK & DECKER, INC, Robert Bosch GmbH, Powernail Company, Q.E.P. Co., Inc., Roberts Consolidated Industries, Inc., Traxx Corporation, Crain Cutter Co., Inc., iQ Power Tools, Better Tools, LLC, and Beno J. Gundlach Company, among others.
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