21st Edition
India’s Largest HAND TOOLS

Bombay Exhibiton Centre,

Facts & Figures

The Indian Hand Tools and allied products market is showing clear signs of moving from a price-sensitive bracket to a quality-conscious era with an “industry” or “application” oriented requirements. The growth in Industry sectors like Aviation, Heavy Engineering, Automobile/ Auto Service, Gardening / Horticulture, Woodworking & Furniture, Construction / Infrastructure has necessitated a growing need for quality / specialty tools. 
Personnel / Workers in the Manufacturing, Operations Maintenance, Repair and Overhaul in above mentioned industry sectors are now seeking quality and high-end and special Hand Tools, Power Tools, Specialty Tools, Fasteners and allied products. 
Trends in the Industry (for Hand Tools, Power Tools, Fasteners and Specialty Tools)
  • The Indian hand tools market is anticipated to grow at a CAGR of 7.9% during the forecast period. India is expected to be one of the well-established markets for conventional hand tools market in the in the Asia-Pacific region alongside China
  • The global power tools market is estimated to grow  to a whopping USD 65.5 billion by 2027, at a CAGR of 8.9%.
  • The global industrial fasteners market size was valued at USD 88.43 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2030.
  • The growth is driven through various industries like, automotive demand, increasing infrastructure & construction activities, developing heavy engineering industry and increase in disposable income of consumers.
  • Construction and automotive are the two main industries where the demand for hand tools is witnessing steady growth in recent years.
  • Indian Automotive industry (including component manufacturing) is expected to reach US$ 251.4-282.8 billion by 2026.
  • The demand for highly sophisticated precision tools has been increasing in industries like aerospace, defense, energy, shipbuilding, and manufacturing industries in the country.
  • The manufacturing sector of India has the potential to reach US$ 1 trillion by 2025
  • The Indian appliances and consumer electronics industry stood at US$ 9.84 billion in 2021, and is expected to more than double to reach Rs. 1.48 lakh crore (US$ 21.18 billion) by 2025.