Growth in do-it-yourself (DIY) trends is fueling the North America tool bags industry growth. Users are gaining interest in undertaking small scale home repair work and also in gardening activities which frequently require tools. This in turn fuels the demand for tool bags.
Advantages associated with tool bags, which include protection of tools and convenient storage of tools is expected to fuel the North America tool bags market size during the forecast period. The high demand for ultra-rugged and durable materials for making tool bags is also expected to have a significant impact on the market.
The trend of eco-friendly tool bags and customization in terms of design and materials are expected to offer lucrative opportunities for market expansion to tool bag manufacturers in North America during the forecast period.
Tool bags are necessary for both carrying and storing different kinds of hardware and tools. They are used for a number of purposes, including tool protection, portability, accessibility, and improving productivity. The bags feature various sections to facilitate tool organization and convenience of use.
Various end-users, such as technicians, electricians, and maintenance workers, utilize tool bags to give the tools a better environment since disorganized storage might cause the tools to come up against one another and break during transit.
| Attribute | Detail |
|---|---|
| Drivers |
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Tool bags are a popular option for maintenance workers who are looking for reliable storage of tools as these bags have various compartments which are designed to keep tools safe. Maintenance staff carry a full range of tools to tackle repair and maintenance work. The efficiency of work can be greatly enhanced by having the appropriate tools on hand.
The usage of tool bags for carrying various tools eases the task of maintenance staff. Tracking of tools becomes easy which saves time on every task as maintenance staff can quickly locate the required tool.
Furthermore, the portability of a tool bag is one of its main benefits, keeping all necessary tools close to the hand. Maintenance staff and professional tool organizers in North America opt for tool bags for a number of reasons including cost efficiency, which prevents the need for frequent replacements.
Tool bags are designed ensuring the durability of material, which offers longevity to the product. Hence, the benefits of tool bags is likely to fuel the growth of the North America tool storage industry during the forecast period.
Growth of the construction sector in developed region is fueling the tool bags market value. Professionals and construction workers have to carry and organize a wide range of tools.
According to the U.S. department of Transportation, through two significant discretionary grant programs, the Infrastructure for Rebuilding America (INFRA) grant program and the National Infrastructure Project Assistance (Mega) grant program, the U.S. President and Transportation Secretary announced on January 24, 2024 that 37 projects would receive over US$ 4.9 billion funding from President Biden's Investing in America agenda.
Additionally, the growing rate of residential and commercial construction owing to the low supply of commercial complexes and residential homes is further fueling the construction industry.
According to the U.S. Census Bureau information published on February 16, 2024, the seasonally adjusted annual rate of privately-owned housing completions in January 2024 was 1,416,000.
Thus, the high rate of construction activities in the region is expected to fuel the North America tool bags market demand during the forecast period as the surge in construction activities is expected to drive demand for tool bags from maintenance workers.
The North America tool bags market segmentation based on product type includes backpack, tote bag, holdall, rolling bag, and others (tool belts, etc.). The tote bag segment held significant share of the market in the year 2023.
Tote tool bags are robust and flexible and made for easy transportation and storage of equipment and accessories. These bags are popular among maintenance professionals and workers owing to their spacious interiors and accessibility. The bags have various pockets and wide openings which help users to locate the tools faster.
Tote bags are available in different sizes and designs to suit a range of demands. Strong materials are usually used in these tool bags to deal with demanding working conditions. All these factors are making tool totes an appealing option among maintenance professionals and workers.
According to the North America tool bags industry report, backpacks are expected to witness increasing usage during the forecast period owing to their advantages such as hand free mobility and even weight distribution. These tool bags are mostly preferred by end-users who need to carry a wide range of tools to different job sites.
| Attribute | Detail |
|---|---|
| Leading Country | U.S. |
The U.S. held the largest share in the North America tool bags market by country in 2023. The rise in do-it-yourself (DIY) initiatives and home improvement projects has fueled market dynamics in the U.S.
The surge in demand for renovation and home décor activities is further fueling the demand for tool bags in the country. Moreover, people in the U.S. are more inclined to follow their passion and involve themselves in gardening and other activities which entails the use of tools.
Presence of key players including Klein Tools, Inc., and rise in investment in the construction sector in the U.S. are expected to offer profitable opportunities to players operating in the country, which in turn is projected to fuel the North America tool bags industry size in the next few years.
The North America tool bags market report highlights that majority of companies are spending significantly on expanding their presence, primarily in prominent areas of the region. Product launch is the key strategy adopted by players operating in the market.
Bucket Boss, Carhartt, Inc., Custom LeatherCraft Manufacturing Co., Inc., Ironland, Klein Tools, Inc., Milwaukee Electric Tool Corporation, Quanzhou Journey Bags Co., Ltd., Southwire Company, LLC, Stanley Black & Decker, Inc., and VETO PRO PAC, LLC, are the prominent North America tool bags market manufacturers.
Key players have been profiled in the North America tool bags market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size Value in 2023 (Base Year) | US$ 179.6 Mn |
| Market Forecast Value in 2034 | US$ 319.1 Mn |
| Growth Rate (CAGR) | 5.4% |
| Forecast Period | 2024-2034 |
| Historical data Available for | 2020-2022 |
| Quantitative Units | US$ Mn for Value and Thousand Units for Volume |
| Market Analysis | Regional qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and key supplier analysis. |
| Competition Landscape |
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| Country Covered |
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| Market Segmentation |
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| Companies Profile |
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| Customization Scope | Available upon Request |
| Pricing | Available upon Request |
It was valued at US$ 179.6 Mn in 2023
It is expected to reach US$ 319.1 Mn by the end of 2034
Surge in usage of tool bags by maintenance professionals and growth of construction industry
Based on product type, the tote bag segment contributed the largest share in in 2023
The U.S. contributed about 68.6% in terms of share in 2023
Bucket Boss, Carhartt, Inc., Custom LeatherCraft Manufacturing Co., Inc., Ironland, Klein Tools, Inc., Milwaukee Electric Tool Corporation, Quanzhou Journey Bags Co., Ltd., Southwire Company, LLC, Stanley Black & Decker, Inc., and VETO PRO PAC, LLC,
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.2. Key Trends Analysis
5.2.1. Demand Side Analysis
5.2.2. Supply Side Analysis
5.3. Key Market Indicators
5.4. Value Chain Analysis
5.5. PESTLE Analysis
5.6. Porter’s Five Forces Analysis
5.7. Material Analysis
5.8. North America Tool Bags Market Analysis and Forecast, 2020 - 2034
5.8.1. Market Revenue Projections (US$ Mn)
5.8.2. Market Revenue Projections (Thousand Units)
6. North America Tool Bags Market, By Product Type
6.1. North America Tool Bags Market (US$ Mn and Thousand Units) Forecast, By Product Type, 2020 - 2034
6.1.1. Backpack
6.1.2. Tote Bag
6.1.3. Holdall
6.1.4. Rolling Bag
6.1.5. Others (Tool Belts, etc.)
6.2. Incremental Opportunity, By Product Type
7. North America Tool Bags Market, By Material
7.1. North America Tool Bags Market Size (US$ Mn and Thousand Units) Forecast, By Material, 2020 - 2034
7.1.1. Polyester
7.1.2. Polypropylene
7.1.3. Nylon
7.1.4. Fabric
7.1.5. Others (Leather, etc.)
7.2. Incremental Opportunity, By Material
8. North America Tool Bags Market, By Category
8.1. North America Tool Bags Market Size (US$ Mn and Thousand Units) Forecast, By Category, 2020 - 2034
8.1.1. Waterproof
8.1.2. Non-Waterproof
8.2. Incremental Opportunity, By Category
9. North America Tool Bags Market, By End-use
9.1. North America Tool Bags Market Size (US$ Mn and Thousand Units) Forecast, By End-use, 2020 - 2034
9.1.1. Individual
9.1.2. Residential
9.1.3. Commercial
9.1.4. Industrial
9.1.5. Vehicles
9.2. Incremental Opportunity, By End-use
10. North America Tool Bags Market, By Distribution Channel
10.1. North America Tool Bags Market Size (US$ Mn and Thousand Units) Forecast, By Distribution Channel, 2020 - 2034
10.1.1. Online
10.1.1.1. E-commerce Websites
10.1.1.2. Company-Owned Website
10.1.2. Offline
10.1.2.1. Direct Sales
10.1.2.2. Indirect Sales
10.2. Incremental Opportunity, By Distribution Channel
11. North America Tool Bags Market, By Country
11.1. North America Tool Bags Market Size (US$ Mn and Thousand Units) Forecast, By Country, 2020 - 2034
11.1.1. The U.S.
11.1.2. Canada
11.1.3. Rest of North America
11.2. Incremental Opportunity, By Country
12. The U.S. Tool Bags Market Analysis and Forecast
12.1. Country Snapshot
12.2. Demographic Overview
12.3. Market Share Analysis (%)
12.4. Key Trend Analysis
12.4.1. Demand Side
12.4.2. Supply Side
12.5. Price Trend Analysis
12.5.1. Weighted Average Selling Price (US$)
12.6. Consumer Buying Behavior Analysis
12.7. Tool Bags Market Size (US$ Mn and Thousand Units), By Product Type, 2020 - 2034
12.7.1. Backpack
12.7.2. Tote Bag
12.7.3. Holdall
12.7.4. Rolling Bag
12.7.5. Others (Tool Belts, etc.)
12.8. Tool Bags Market Size (US$ Mn and Thousand Units), By Material, 2020 - 2034
12.8.1. Polyester
12.8.2. Polypropylene
12.8.3. Nylon
12.8.4. Fabric
12.8.5. Others (Leather, etc.)
12.9. Tool Bags Market Size (US$ Mn and Thousand Units), By Category, 2020 - 2034
12.9.1. Waterproof
12.9.2. Non-Waterproof
12.10. Tool Bags Market Size (US$ Mn and Thousand Units), By End-use, 2020 - 2034
12.10.1. Individual
12.10.2. Residential
12.10.3. Commercial
12.10.4. Industrial
12.10.5. Vehicles
12.11. Tool Bags Market Size (US$ Mn and Thousand Units), By Distribution Channel, 2020 - 2034
12.11.1. Online
12.11.1.1. E-commerce Websites
12.11.1.2. Company-Owned Website
12.11.2. Offline
12.11.2.1. Direct Sales
12.11.2.2. Indirect Sales
12.12. Incremental Opportunity Analysis
13. Canada Tool Bags Market Analysis and Forecast
13.1. Country Snapshot
13.2. Demographic Overview
13.3. Market Share Analysis (%)
13.4. Key Trend Analysis
13.4.1. Demand Side
13.4.2. Supply Side
13.5. Price Trend Analysis
13.5.1. Weighted Average Selling Price (US$)
13.6. Consumer Buying Behavior Analysis
13.7. Tool Bags Market Size (US$ Mn and Thousand Units), By Product Type, 2020 - 2034
13.7.1. Backpack
13.7.2. Tote Bag
13.7.3. Holdall
13.7.4. Rolling Bag
13.7.5. Others (Tool Belts, etc.)
13.8. Tool Bags Market Size (US$ Mn and Thousand Units), By Material, 2020 - 2034
13.8.1. Polyester
13.8.2. Polypropylene
13.8.3. Nylon
13.8.4. Fabric
13.8.5. Others (Leather, etc.)
13.9. Tool Bags Market Size (US$ Mn and Thousand Units), By Category, 2020 - 2034
13.9.1. Waterproof
13.9.2. Non-Waterproof
13.10. Tool Bags Market Size (US$ Mn and Thousand Units), By End-use, 2020 - 2034
13.10.1. Individual
13.10.2. Residential
13.10.3. Commercial
13.10.4. Industrial
13.10.5. Vehicles
13.11. Tool Bags Market Size (US$ Mn and Thousand Units), By Distribution Channel, 2020 - 2034
13.11.1. Online
13.11.1.1. E-commerce Websites
13.11.1.2. Company-Owned Website
13.11.2. Offline
13.11.2.1. Direct Sales
13.11.2.2. Indirect Sales
13.12. Incremental Opportunity Analysis
14. Competition Landscape
14.1. Market Player - Competition Dashboard
14.2. Market Share Analysis (%), 2023
14.3. Company Profiles (Details - Company Overview, Sales End-user Product Type/Geographical Presence, Revenue, Strategy & Business Overview)
14.3.1. Bucket Boss
14.3.1.1. Company Overview
14.3.1.2. Sales End-user Product Type/Geographical Presence
14.3.1.3. Revenue
14.3.1.4. Strategy & Business Overview
14.3.2. Carhartt, Inc.
14.3.2.1. Company Overview
14.3.2.2. Sales End-user Product Type/Geographical Presence
14.3.2.3. Revenue
14.3.2.4. Strategy & Business Overview
14.3.3. Custom LeatherCraft Manufacturing Co., Inc.
14.3.3.1. Company Overview
14.3.3.2. Sales End-user Product Type/Geographical Presence
14.3.3.3. Revenue
14.3.3.4. Strategy & Business Overview
14.3.4. Ironland
14.3.4.1. Company Overview
14.3.4.2. Sales End-user Product Type/Geographical Presence
14.3.4.3. Revenue
14.3.4.4. Strategy & Business Overview
14.3.5. Klein Tools, Inc.
14.3.5.1. Company Overview
14.3.5.2. Sales End-user Product Type/Geographical Presence
14.3.5.3. Revenue
14.3.5.4. Strategy & Business Overview
14.3.6. Milwaukee Electric Tool Corporation
14.3.6.1. Company Overview
14.3.6.2. Sales End-user Product Type/Geographical Presence
14.3.6.3. Revenue
14.3.6.4. Strategy & Business Overview
14.3.7. Quanzhou Journey Bags Co., Ltd.
14.3.7.1. Company Overview
14.3.7.2. Sales End-user Product Type/Geographical Presence
14.3.7.3. Revenue
14.3.7.4. Strategy & Business Overview
14.3.8. Southwire Company, LLC
14.3.8.1. Company Overview
14.3.8.2. Sales End-user Product Type/Geographical Presence
14.3.8.3. Revenue
14.3.8.4. Strategy & Business Overview
14.3.9. Stanley Black & Decker, Inc.
14.3.9.1. Company Overview
14.3.9.2. Sales End-user Product Type/Geographical Presence
14.3.9.3. Revenue
14.3.9.4. Strategy & Business Overview
14.3.10. VETO PRO PAC, LLC
14.3.10.1. Company Overview
14.3.10.2. Sales End-user Product Type/Geographical Presence
14.3.10.3. Revenue
14.3.10.4. Strategy & Business Overview
14.3.11. Other Key Players
14.3.11.1. Company Overview
14.3.11.2. Sales End-user Product Type/Geographical Presence
14.3.11.3. Revenue
14.3.11.4. Strategy & Business Overview
15. Go To Market Strategy
15.1. Identification of Potential Market Spaces
15.2. Understanding the Buying Process of Customers
15.3. Preferred Sales & Marketing Strategy
List of Tables
Table 01: North America Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Table 02: North America Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Table 03: North America Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Table 04: North America Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Table 05: North America Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Table 06: North America Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Table 07: North America Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Table 08: North America Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Table 09: North America Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Table 10: North America Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
Table 11: North America Tool Bags Market Value, By Country, US$ Mn, 2020-2034
Table 12: North America Tool Bags Market Volume, By Country, Thousand Units, 2020-2034
Table 13: The U.S. Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Table 14: The U.S. Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Table 15: The U.S. Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Table 16: The U.S. Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Table 17: The U.S. Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Table 18: The U.S. Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Table 19: The U.S. Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Table 20: The U.S. Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Table 21: The U.S. Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Table 22: The U.S. Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
Table 23: Canada Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Table 24: Canada Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Table 25: Canada Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Table 26: Canada Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Table 27: Canada Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Table 28: Canada Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Table 29: Canada Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Table 30: Canada Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Table 31: Canada Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Table 32: Canada Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
List of Figures
Figure 01: North America Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Figure 02: North America Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Figure 03: North America Tool Bags Market Incremental Opportunity, By Product Type, 2024-2034
Figure 04: North America Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Figure 05: North America Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Figure 06: North America Tool Bags Market Incremental Opportunity, By Material, 2024-2034
Figure 07: North America Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Figure 08: North America Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Figure 09: North America Tool Bags Market Incremental Opportunity, By Category, 2024-2034
Figure 10: North America Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Figure 11: North America Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Figure 12: North America Tool Bags Market Incremental Opportunity, By End-use, 2024-2034
Figure 13: North America Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Figure 14: North America Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
Figure 15: North America Tool Bags Market Incremental Opportunity, By Distribution Channel, 2024-2034
Figure 16: North America Tool Bags Market Value, By Country, US$ Mn, 2020-2034
Figure 17: North America Tool Bags Market Volume, By Country, Thousand Units, 2020-2034
Figure 18: North America Tool Bags Market Incremental Opportunity, By Country, 2024-2034
Figure 19: The U.S. Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Figure 20: The U.S. Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Figure 21: The U.S. Tool Bags Market Incremental Opportunity, By Product Type, 2024-2034
Figure 22: The U.S. Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Figure 23: The U.S. Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Figure 24: The U.S. Tool Bags Market Incremental Opportunity, By Material, 2024-2034
Figure 25: The U.S. Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Figure 26: The U.S. Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Figure 27: The U.S. Tool Bags Market Incremental Opportunity, By Category, 2024-2034
Figure 28: The U.S. Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Figure 29: The U.S. Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Figure 30: The U.S. Tool Bags Market Incremental Opportunity, By End-use, 2024-2034
Figure 31: The U.S. Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Figure 32: The U.S. Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
Figure 33: The U.S. Tool Bags Market Incremental Opportunity, By Distribution Channel, 2024-2034
Figure 34: Canada Tool Bags Market Value, By Product Type, US$ Mn, 2020-2034
Figure 35: Canada Tool Bags Market Volume, By Product Type, Thousand Units, 2020-2034
Figure 36: Canada Tool Bags Market Incremental Opportunity, By Product Type, 2024-2034
Figure 37: Canada Tool Bags Market Value, By Material, US$ Mn, 2020-2034
Figure 38: Canada Tool Bags Market Volume, By Material, Thousand Units, 2020-2034
Figure 39: Canada Tool Bags Market Incremental Opportunity, By Material, 2024-2034
Figure 40: Canada Tool Bags Market Value, By Category, US$ Mn, 2020-2034
Figure 41: Canada Tool Bags Market Volume, By Category, Thousand Units, 2020-2034
Figure 42: Canada Tool Bags Market Incremental Opportunity, By Category, 2024-2034
Figure 43: Canada Tool Bags Market Value, By End-use, US$ Mn, 2020-2034
Figure 44: Canada Tool Bags Market Volume, By End-use, Thousand Units, 2020-2034
Figure 45: Canada Tool Bags Market Incremental Opportunity, By End-use, 2024-2034
Figure 46: Canada Tool Bags Market Value, By Distribution Channel, US$ Mn, 2020-2034
Figure 47: Canada Tool Bags Market Volume, By Distribution Channel, Thousand Units, 2020-2034
Figure 48: Canada Tool Bags Market Incremental Opportunity, By Distribution Channel, 2024-2034
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North America Tool Bags Market
