Global Sanding Block Supply, Demand and Key Producers, 2023-2029

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Published Date: 22 Jan 2023

Category: Chemical & Material

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Sanding Block market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

This report studies the global Sanding Block production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Sanding Block, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Sanding Block that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Sanding Block total production and demand, 2018-2029, (Kiloton)
Global Sanding Block total production value, 2018-2029, (USD Million)
Global Sanding Block production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Sanding Block consumption by region & country, CAGR, 2018-2029 & (Kiloton)
U.S. VS China: Sanding Block domestic production, consumption, key domestic manufacturers and share
Global Sanding Block production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Kiloton)
Global Sanding Block production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
Global Sanding Block production by Application production, value, CAGR, 2018-2029, (USD Million) & (Kiloton)
This reports profiles key players in the global Sanding Block market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Festool, 3M, Mirka, Dura-Block and Tockrop, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Sanding Block market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Kiloton) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Sanding Block Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Sanding Block Market, Segmentation by Type
    Rigid Sanding Block
    Semi-Rigid Sanding Block
    Soft Sanding Block

Global Sanding Block Market, Segmentation by Application
    Metal
    Plastic
    Wood
    Others

Companies Profiled:
    Festool
    3M
    Mirka
    Dura-Block
    Tockrop

Key Questions Answered
1. How big is the global Sanding Block market?
2. What is the demand of the global Sanding Block market?
3. What is the year over year growth of the global Sanding Block market?
4. What is the production and production value of the global Sanding Block market?
5. Who are the key producers in the global Sanding Block market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Sanding Block Introduction
    1.2 World Sanding Block Supply & Forecast
        1.2.1 World Sanding Block Production Value (2018 & 2022 & 2029)
        1.2.2 World Sanding Block Production (2018-2029)
        1.2.3 World Sanding Block Pricing Trends (2018-2029)
    1.3 World Sanding Block Production by Region (Based on Production Site)
        1.3.1 World Sanding Block Production Value by Region (2018-2029)
        1.3.2 World Sanding Block Production by Region (2018-2029)
        1.3.3 World Sanding Block Average Price by Region (2018-2029)
        1.3.4 North America Sanding Block Production (2018-2029)
        1.3.5 Europe Sanding Block Production (2018-2029)
        1.3.6 China Sanding Block Production (2018-2029)
        1.3.7 Japan Sanding Block Production (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Sanding Block Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Sanding Block Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Sanding Block Demand (2018-2029)
    2.2 World Sanding Block Consumption by Region
        2.2.1 World Sanding Block Consumption by Region (2018-2023)
        2.2.2 World Sanding Block Consumption Forecast by Region (2024-2029)
    2.3 United States Sanding Block Consumption (2018-2029)
    2.4 China Sanding Block Consumption (2018-2029)
    2.5 Europe Sanding Block Consumption (2018-2029)
    2.6 Japan Sanding Block Consumption (2018-2029)
    2.7 South Korea Sanding Block Consumption (2018-2029)
    2.8 ASEAN Sanding Block Consumption (2018-2029)
    2.9 India Sanding Block Consumption (2018-2029)

3 World Sanding Block Manufacturers Competitive Analysis
    3.1 World Sanding Block Production Value by Manufacturer (2018-2023)
    3.2 World Sanding Block Production by Manufacturer (2018-2023)
    3.3 World Sanding Block Average Price by Manufacturer (2018-2023)
    3.4 Sanding Block Company Evaluation Quadrant
    3.5 Industry Rank and Concentration Rate (CR)
        3.5.1 Global Sanding Block Industry Rank of Major Manufacturers
        3.5.2 Global Concentration Ratios (CR4) for Sanding Block in 2022
        3.5.3 Global Concentration Ratios (CR8) for Sanding Block in 2022
    3.6 Sanding Block Market: Overall Company Footprint Analysis
        3.6.1 Sanding Block Market: Region Footprint
        3.6.2 Sanding Block Market: Company Product Type Footprint
        3.6.3 Sanding Block Market: Company Product Application Footprint
    3.7 Competitive Environment
        3.7.1 Historical Structure of the Industry
        3.7.2 Barriers of Market Entry
        3.7.3 Factors of Competition
    3.8 New Entrant and Capacity Expansion Plans
    3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
    4.1 United States VS China: Sanding Block Production Value Comparison
        4.1.1 United States VS China: Sanding Block Production Value Comparison (2018 & 2022 & 2029)
        4.1.2 United States VS China: Sanding Block Production Value Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States VS China: Sanding Block Production Comparison
        4.2.1 United States VS China: Sanding Block Production Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Sanding Block Production Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States VS China: Sanding Block Consumption Comparison
        4.3.1 United States VS China: Sanding Block Consumption Comparison (2018 & 2022 & 2029)
        4.3.2 United States VS China: Sanding Block Consumption Market Share Comparison (2018 & 2022 & 2029)
    4.4 United States Based Sanding Block Manufacturers and Market Share, 2018-2023
        4.4.1 United States Based Sanding Block Manufacturers, Headquarters and Production Site (States, Country)
        4.4.2 United States Based Manufacturers Sanding Block Production Value (2018-2023)
        4.4.3 United States Based Manufacturers Sanding Block Production (2018-2023)
    4.5 China Based Sanding Block Manufacturers and Market Share
        4.5.1 China Based Sanding Block Manufacturers, Headquarters and Production Site (Province, Country)
        4.5.2 China Based Manufacturers Sanding Block Production Value (2018-2023)
        4.5.3 China Based Manufacturers Sanding Block Production (2018-2023)
    4.6 Rest of World Based Sanding Block Manufacturers and Market Share, 2018-2023
        4.6.1 Rest of World Based Sanding Block Manufacturers, Headquarters and Production Site (State, Country)
        4.6.2 Rest of World Based Manufacturers Sanding Block Production Value (2018-2023)
        4.6.3 Rest of World Based Manufacturers Sanding Block Production (2018-2023)

5 Market Analysis by Type
    5.1 World Sanding Block Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Rigid Sanding Block
        5.2.2 Semi-Rigid Sanding Block
        5.2.3 Soft Sanding Block
    5.3 Market Segment by Type
        5.3.1 World Sanding Block Production by Type (2018-2029)
        5.3.2 World Sanding Block Production Value by Type (2018-2029)
        5.3.3 World Sanding Block Average Price by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Sanding Block Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Metal
        6.2.2 Plastic
        6.2.3 Wood
        6.2.4 Others
    6.3 Market Segment by Application
        6.3.1 World Sanding Block Production by Application (2018-2029)
        6.3.2 World Sanding Block Production Value by Application (2018-2029)
        6.3.3 World Sanding Block Average Price by Application (2018-2029)

7 Company Profiles
    7.1 Festool
        7.1.1 Festool Details
        7.1.2 Festool Major Business
        7.1.3 Festool Sanding Block Product and Services
        7.1.4 Festool Sanding Block Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.1.5 Festool Recent Developments/Updates
        7.1.6 Festool Competitive Strengths & Weaknesses
    7.2 3M
        7.2.1 3M Details
        7.2.2 3M Major Business
        7.2.3 3M Sanding Block Product and Services
        7.2.4 3M Sanding Block Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.2.5 3M Recent Developments/Updates
        7.2.6 3M Competitive Strengths & Weaknesses
    7.3 Mirka
        7.3.1 Mirka Details
        7.3.2 Mirka Major Business
        7.3.3 Mirka Sanding Block Product and Services
        7.3.4 Mirka Sanding Block Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.3.5 Mirka Recent Developments/Updates
        7.3.6 Mirka Competitive Strengths & Weaknesses
    7.4 Dura-Block
        7.4.1 Dura-Block Details
        7.4.2 Dura-Block Major Business
        7.4.3 Dura-Block Sanding Block Product and Services
        7.4.4 Dura-Block Sanding Block Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.4.5 Dura-Block Recent Developments/Updates
        7.4.6 Dura-Block Competitive Strengths & Weaknesses
    7.5 Tockrop
        7.5.1 Tockrop Details
        7.5.2 Tockrop Major Business
        7.5.3 Tockrop Sanding Block Product and Services
        7.5.4 Tockrop Sanding Block Production, Price, Value, Gross Margin and Market Share (2018-2023)
        7.5.5 Tockrop Recent Developments/Updates
        7.5.6 Tockrop Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Sanding Block Industry Chain
    8.2 Sanding Block Upstream Analysis
        8.2.1 Sanding Block Core Raw Materials
        8.2.2 Main Manufacturers of Sanding Block Core Raw Materials
    8.3 Midstream Analysis
    8.4 Downstream Analysis
    8.5 Sanding Block Production Mode
    8.6 Sanding Block Procurement Model
    8.7 Sanding Block Industry Sales Model and Sales Channels
        8.7.1 Sanding Block Sales Model
        8.7.2 Sanding Block Typical Customers

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Sanding Block Production Value by Region (2018, 2022 and 2029) & (USD Million)
    Table 2. World Sanding Block Production Value by Region (2018-2023) & (USD Million)
    Table 3. World Sanding Block Production Value by Region (2024-2029) & (USD Million)
    Table 4. World Sanding Block Production Value Market Share by Region (2018-2023)
    Table 5. World Sanding Block Production Value Market Share by Region (2024-2029)
    Table 6. World Sanding Block Production by Region (2018-2023) & (Kiloton)
    Table 7. World Sanding Block Production by Region (2024-2029) & (Kiloton)
    Table 8. World Sanding Block Production Market Share by Region (2018-2023)
    Table 9. World Sanding Block Production Market Share by Region (2024-2029)
    Table 10. World Sanding Block Average Price by Region (2018-2023) & (US$/Ton)
    Table 11. World Sanding Block Average Price by Region (2024-2029) & (US$/Ton)
    Table 12. Sanding Block Major Market Trends
    Table 13. World Sanding Block Consumption Growth Rate Forecast by Region (2018 & 2022 & 2029) & (Kiloton)
    Table 14. World Sanding Block Consumption by Region (2018-2023) & (Kiloton)
    Table 15. World Sanding Block Consumption Forecast by Region (2024-2029) & (Kiloton)
    Table 16. World Sanding Block Production Value by Manufacturer (2018-2023) & (USD Million)
    Table 17. Production Value Market Share of Key Sanding Block Producers in 2022
    Table 18. World Sanding Block Production by Manufacturer (2018-2023) & (Kiloton)
    Table 19. Production Market Share of Key Sanding Block Producers in 2022
    Table 20. World Sanding Block Average Price by Manufacturer (2018-2023) & (US$/Ton)
    Table 21. Global Sanding Block Company Evaluation Quadrant
    Table 22. World Sanding Block Industry Rank of Major Manufacturers, Based on Production Value in 2022
    Table 23. Head Office and Sanding Block Production Site of Key Manufacturer
    Table 24. Sanding Block Market: Company Product Type Footprint
    Table 25. Sanding Block Market: Company Product Application Footprint
    Table 26. Sanding Block Competitive Factors
    Table 27. Sanding Block New Entrant and Capacity Expansion Plans
    Table 28. Sanding Block Mergers & Acquisitions Activity
    Table 29. United States VS China Sanding Block Production Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 30. United States VS China Sanding Block Production Comparison, (2018 & 2022 & 2029) & (Kiloton)
    Table 31. United States VS China Sanding Block Consumption Comparison, (2018 & 2022 & 2029) & (Kiloton)
    Table 32. United States Based Sanding Block Manufacturers, Headquarters and Production Site (States, Country)
    Table 33. United States Based Manufacturers Sanding Block Production Value, (2018-2023) & (USD Million)
    Table 34. United States Based Manufacturers Sanding Block Production Value Market Share (2018-2023)
    Table 35. United States Based Manufacturers Sanding Block Production (2018-2023) & (Kiloton)
    Table 36. United States Based Manufacturers Sanding Block Production Market Share (2018-2023)
    Table 37. China Based Sanding Block Manufacturers, Headquarters and Production Site (Province, Country)
    Table 38. China Based Manufacturers Sanding Block Production Value, (2018-2023) & (USD Million)
    Table 39. China Based Manufacturers Sanding Block Production Value Market Share (2018-2023)
    Table 40. China Based Manufacturers Sanding Block Production (2018-2023) & (Kiloton)
    Table 41. China Based Manufacturers Sanding Block Production Market Share (2018-2023)
    Table 42. Rest of World Based Sanding Block Manufacturers, Headquarters and Production Site (States, Country)
    Table 43. Rest of World Based Manufacturers Sanding Block Production Value, (2018-2023) & (USD Million)
    Table 44. Rest of World Based Manufacturers Sanding Block Production Value Market Share (2018-2023)
    Table 45. Rest of World Based Manufacturers Sanding Block Production (2018-2023) & (Kiloton)
    Table 46. Rest of World Based Manufacturers Sanding Block Production Market Share (2018-2023)
    Table 47. World Sanding Block Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Table 48. World Sanding Block Production by Type (2018-2023) & (Kiloton)
    Table 49. World Sanding Block Production by Type (2024-2029) & (Kiloton)
    Table 50. World Sanding Block Production Value by Type (2018-2023) & (USD Million)
    Table 51. World Sanding Block Production Value by Type (2024-2029) & (USD Million)
    Table 52. World Sanding Block Average Price by Type (2018-2023) & (US$/Ton)
    Table 53. World Sanding Block Average Price by Type (2024-2029) & (US$/Ton)
    Table 54. World Sanding Block Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Table 55. World Sanding Block Production by Application (2018-2023) & (Kiloton)
    Table 56. World Sanding Block Production by Application (2024-2029) & (Kiloton)
    Table 57. World Sanding Block Production Value by Application (2018-2023) & (USD Million)
    Table 58. World Sanding Block Production Value by Application (2024-2029) & (USD Million)
    Table 59. World Sanding Block Average Price by Application (2018-2023) & (US$/Ton)
    Table 60. World Sanding Block Average Price by Application (2024-2029) & (US$/Ton)
    Table 61. Festool Basic Information, Manufacturing Base and Competitors
    Table 62. Festool Major Business
    Table 63. Festool Sanding Block Product and Services
    Table 64. Festool Sanding Block Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 65. Festool Recent Developments/Updates
    Table 66. Festool Competitive Strengths & Weaknesses
    Table 67. 3M Basic Information, Manufacturing Base and Competitors
    Table 68. 3M Major Business
    Table 69. 3M Sanding Block Product and Services
    Table 70. 3M Sanding Block Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 71. 3M Recent Developments/Updates
    Table 72. 3M Competitive Strengths & Weaknesses
    Table 73. Mirka Basic Information, Manufacturing Base and Competitors
    Table 74. Mirka Major Business
    Table 75. Mirka Sanding Block Product and Services
    Table 76. Mirka Sanding Block Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 77. Mirka Recent Developments/Updates
    Table 78. Mirka Competitive Strengths & Weaknesses
    Table 79. Dura-Block Basic Information, Manufacturing Base and Competitors
    Table 80. Dura-Block Major Business
    Table 81. Dura-Block Sanding Block Product and Services
    Table 82. Dura-Block Sanding Block Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 83. Dura-Block Recent Developments/Updates
    Table 84. Tockrop Basic Information, Manufacturing Base and Competitors
    Table 85. Tockrop Major Business
    Table 86. Tockrop Sanding Block Product and Services
    Table 87. Tockrop Sanding Block Production (Kiloton), Price (US$/Ton), Production Value (USD Million), Gross Margin and Market Share (2018-2023)
    Table 88. Global Key Players of Sanding Block Upstream (Raw Materials)
    Table 89. Sanding Block Typical Customers
    Table 90. Sanding Block Typical Distributors
List of Figure
    Figure 1. Sanding Block Picture
    Figure 2. World Sanding Block Production Value: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Sanding Block Production Value and Forecast (2018-2029) & (USD Million)
    Figure 4. World Sanding Block Production (2018-2029) & (Kiloton)
    Figure 5. World Sanding Block Average Price (2018-2029) & (US$/Ton)
    Figure 6. World Sanding Block Production Value Market Share by Region (2018-2029)
    Figure 7. World Sanding Block Production Market Share by Region (2018-2029)
    Figure 8. North America Sanding Block Production (2018-2029) & (Kiloton)
    Figure 9. Europe Sanding Block Production (2018-2029) & (Kiloton)
    Figure 10. China Sanding Block Production (2018-2029) & (Kiloton)
    Figure 11. Japan Sanding Block Production (2018-2029) & (Kiloton)
    Figure 12. Sanding Block Market Drivers
    Figure 13. Factors Affecting Demand
    Figure 14. World Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 15. World Sanding Block Consumption Market Share by Region (2018-2029)
    Figure 16. United States Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 17. China Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 18. Europe Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 19. Japan Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 20. South Korea Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 21. ASEAN Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 22. India Sanding Block Consumption (2018-2029) & (Kiloton)
    Figure 23. Producer Shipments of Sanding Block by Manufacturer Revenue ($MM) and Market Share (%): 2022
    Figure 24. Global Four-firm Concentration Ratios (CR4) for Sanding Block Markets in 2022
    Figure 25. Global Four-firm Concentration Ratios (CR8) for Sanding Block Markets in 2022
    Figure 26. United States VS China: Sanding Block Production Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 27. United States VS China: Sanding Block Production Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Sanding Block Consumption Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. United States Based Manufacturers Sanding Block Production Market Share 2022
    Figure 30. China Based Manufacturers Sanding Block Production Market Share 2022
    Figure 31. Rest of World Based Manufacturers Sanding Block Production Market Share 2022
    Figure 32. World Sanding Block Production Value by Type, (USD Million), 2018 & 2022 & 2029
    Figure 33. World Sanding Block Production Value Market Share by Type in 2022
    Figure 34. Rigid Sanding Block
    Figure 35. Semi-Rigid Sanding Block
    Figure 36. Soft Sanding Block
    Figure 37. World Sanding Block Production Market Share by Type (2018-2029)
    Figure 38. World Sanding Block Production Value Market Share by Type (2018-2029)
    Figure 39. World Sanding Block Average Price by Type (2018-2029) & (US$/Ton)
    Figure 40. World Sanding Block Production Value by Application, (USD Million), 2018 & 2022 & 2029
    Figure 41. World Sanding Block Production Value Market Share by Application in 2022
    Figure 42. Metal
    Figure 43. Plastic
    Figure 44. Wood
    Figure 45. Others
    Figure 46. World Sanding Block Production Market Share by Application (2018-2029)
    Figure 47. World Sanding Block Production Value Market Share by Application (2018-2029)
    Figure 48. World Sanding Block Average Price by Application (2018-2029) & (US$/Ton)
    Figure 49. Sanding Block Industry Chain
    Figure 50. Sanding Block Procurement Model
    Figure 51. Sanding Block Sales Model
    Figure 52. Sanding Block Sales Channels, Direct Sales, and Distribution
    Figure 53. Methodology
    Figure 54. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Festool
3M
Mirka
Dura-Block
Tockrop

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