5 UK Tool Distribution Market Trends and Highlights
Following the release of our UK Tools Distribution Market Report, we’ve asked the editor of the report, Anne Williams, to highlight key facts from the report.
5 UK Tool Distribution Market Trends & Highlights
The UK tool distribution market was worth over £1.31bn in 2022, having increased in value by 5% from the previous year.
2. Trade sector accounts for 70% of UK sales of professional and DIY tools, with the DIY market comprising the remainder.
3. Driving, drilling, and breaking products accounted for 42% of the tool market in 2022, ahead of carpentry and woodworking tools (19%).
4. In 2022, home improvement multiples accounted for a leading 32% of UK tool sales, ahead of builders’ and plumbers’ merchants (28%) and e-tailers (15%).
5. By 2028, market value is forecast to reach more than £1.48bn, with annual growth averaging 2-3%.
Tool Distribution Market Report: Analysis, Forecasting, Market Size, Share, and More
The 13th edition of the UK Tools distribution market report provides an up-to-date review of this complex and fragmented market and includes a review of the recent market trends and sector developments.
Key issues covered within the report include a detailed assessment of hand, portable power tools used in DIY and the construction industry as well as domestic gardening tools. Also included are market performance and forecasts up to and including 2026.
Key distribution channels, review of channel shares, fragmentation, trends, analysis by product category, market shares by product mix and market drivers changing the dynamics of channel distribution.
Other areas of interest:
- An analysis of the shift to Omni channels
- Review of key players in the market, operations, and activity within the market
- Review of product mix, driving, drilling & breaking tools, cutting & grinding tools, carpentry and woodwork tools and domestic garden tools
- Product sector market sizing and forecasts up to and including 2026 trends within the product group.
- International trade analysis for the product group
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