B2B E-commerce Marketplaces By Power Tools & Accessories Market to Reach US$ 18.10 Bn by 2030
The global B2B E-commerce Marketplaces By Power Tools & Accessories market size is expected to reach USD 18.10 billion by 2030 and is expected to expand at a CAGR of 20.1% from 2021 to 2030.
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Growth Factors
The growth can be attributed to the growing number of buyers and sellers approaching third-party e-commerce websites to buy and sell power tools. Bulk discounts, price transparency, and features to easily compare products on various parameters are some of the other factors that are also expected to contribute to the growth of the market over the forecast period. B2B e-commerce marketplaces refer to the third-party e-commerce websites facilitating the purchase of power tools and related accessories. The outbreak of the COVID-19 pandemic is prompting both buyers and sellers to consider third-party digital channels to buy and sell power tools, thereby driving the growth of the market over the forecast period. Manufacturers of primarily rely on direct sales via e-commerce websites and distributors for selling their products.
Report Coverage
| Report Scope | Details |
| Market Size | USD 18.10 billion by 2030 |
| Growth Rate | CAGR of 20.1% From 2021 to 2030 |
| Base Year | 2021 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Product |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Mentioned | Alibaba.com; Amazon.com, Inc; ChinaAseanTrade.com; DIYTrade.com; eBay Inc.; W.W. Grainger, Inc |
Report Highlights
Based on product, the market has been further segmented into drills, saws, wrenches, grinders, sanders, and others. The drills segment accounted for the largest market share of over 30% in 2020 and is expected to register the highest CAGR exceeding 21% over the forecast period.
The wrenches segment is anticipated to expand at a CAGR exceeding 21% over the forecast period. The increasing popularity of cordless wrenches and air wrenches is anticipated to drive the growth of the segment.
North America accounted for the largest market share of more than 32% in 2020. The regional market is primarily driven by the U.S, which is home to more than 50 marketplaces offering power tools. Additionally, Amazon.com, eBay, and Walmart are some of the front runners in the U.S. B2B marketplaces in terms of customer base. Asia Pacific emerged as the second-largest regional market in 2020. It is expected to expand at the highest CAGR exceeding 20% over the forecast period.
Key Players
- Alibaba.com
- Amazon.com, Inc.
- ChinaAseanTrade.com
- DIYTrade.com
- eBay Inc.
- eworldtrade.com
- Ferguson Enterprises, LLC.
- Flipkart.com
- IndiaMART InterMESH Ltd.
- Quill Lincolnshire, Inc.
- W.W. Grainger, Inc.
Market Segmentation
- Product
- Drills
- Saws
- Wrenches
- Grinders
- Sanders
- Others
- Regional
- North America
- U.S.
- Canada
- Europe
- U.K
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- North America
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Reasons to Purchase this Report:– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global B2B E-commerce Marketplaces By Power Tools & Accessories Market, By Product
7.1. B2B E-commerce Marketplaces By Power Tools & Accessories Market, by Product, 2020-2030
7.1.1. Drills
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Saws
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Wrenches
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Grinders
7.1.4.1. Market Revenue and Forecast (2017-2030)
7.1.5. Sanders
7.1.5.1. Market Revenue and Forecast (2017-2030)
7.1.6. Others
7.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global B2B E-commerce Marketplaces By Power Tools & Accessories Market, Regional Estimates and Trend Forecast
8.1. North America
8.1.1. Market Revenue and Forecast, by Product (2017-2030)
8.1.2. U.S.
8.1.3. Rest of North America
8.1.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.2. Europe
8.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.2. UK
8.2.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.3. France
8.2.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.2.4. Rest of Europe
8.2.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.3. APAC
8.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.2. India
8.3.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.3. China
8.3.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.4. Japan
8.3.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.3.5. Rest of APAC
8.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.4. MEA
8.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.2. GCC
8.4.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.3. North Africa
8.4.3.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.4. South Africa
8.4.4.1. Market Revenue and Forecast, by Product (2017-2030)
8.4.5. Rest of MEA
8.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.5. Latin America
8.5.1. Market Revenue and Forecast, by Product (2017-2030)
8.5.2. Brazil
8.5.2.1. Market Revenue and Forecast, by Product (2017-2030)
8.5.3. Rest of LATAM
8.5.3.1. Market Revenue and Forecast, by Product (2017-2030)
Chapter 9. Company Profiles
9.1. Alibaba.com
9.1.1. Company Overview
9.1.2. Product Offerings
9.1.3. Financial Performance
9.1.4. Recent Initiatives
9.2. Amazon.com, Inc.
9.2.1. Company Overview
9.2.2. Product Offerings
9.2.3. Financial Performance
9.2.4. Recent Initiatives
9.3. ChinaAseanTrade.com
9.3.1. Company Overview
9.3.2. Product Offerings
9.3.3. Financial Performance
9.3.4. Recent Initiatives
9.4. DIYTrade.com
9.4.1. Company Overview
9.4.2. Product Offerings
9.4.3. Financial Performance
9.4.4. Recent Initiatives
9.5. eBay Inc.
9.5.1. Company Overview
9.5.2. Product Offerings
9.5.3. Financial Performance
9.5.4. Recent Initiatives
9.6. eworldtrade.com
9.6.1. Company Overview
9.6.2. Product Offerings
9.6.3. Financial Performance
9.6.4. Recent Initiatives
9.7. Ferguson Enterprises, LLC.
9.7.1. Company Overview
9.7.2. Product Offerings
9.7.3. Financial Performance
9.7.4. Recent Initiatives
9.8. Flipkart.com
9.8.1. Company Overview
9.8.2. Product Offerings
9.8.3. Financial Performance
9.8.4. Recent Initiatives
9.9. IndiaMART InterMESH Ltd.
9.9.1. Company Overview
9.9.2. Product Offerings
9.9.3. Financial Performance
9.9.4. Recent Initiatives
9.10. Quill Lincolnshire, Inc.
9.10.1. Company Overview
9.10.2. Product Offerings
9.10.3. Financial Performance
9.10.4. Recent Initiatives
9.11. W.W. Grainger, Inc.
9.11.1. Company Overview
9.11.2. Product Offerings
9.11.3. Financial Performance
9.11.4. Recent Initiatives
Chapter 10. Research Methodology
10.1. Primary Research
10.2. Secondary Research
10.3. Assumptions
Chapter 11. Appendix
11.1. About Us
11.2. Glossary of Terms
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