According to the report by Expert Market Research (EMR), the Global Trowel Market Size is projected to grow at a CAGR of 5.40% between 2023 and 2028. Aided by the escalating demand in the construction industry and the increasing applications of trowels in various segments like masonry, gardening, and archaeology, the market is expected to grow significantly by 2028.
Trowels are a ubiquitous tool in the construction sector, widely used for spreading, smoothing, or shaping layers of concrete, plaster, or mortar on surfaces. They come in diverse shapes and sizes, each tailored for specific tasks, from brick laying and plastering to gardening and archaeological excavations. This versatile tool is integral to a myriad of projects, aiding in precision work and enhancing the quality of the final product.
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The rise in global infrastructure development activities is a key factor driving the global trowel market growth. With the mounting urbanisation trends and increased government expenditure on public infrastructure, the demand for high-quality and durable construction tools like trowels has skyrocketed. Additionally, the recovery of the construction sector post the COVID-19 pandemic has further bolstered the market growth.
The expanding use of trowels in various fields also plays a significant role in propelling the trowel market expansion. In the realm of archaeology, trowels are essential for delicate excavation work, where precision and care are paramount. The horticulture industry, too, heavily relies on trowels for planting, weeding, and other gardening tasks.
Furthermore, technological advancements in tool manufacturing have led to the emergence of innovative trowel designs with ergonomic handles, improved materials, and better functionality, which has resulted in a greater market demand. The proliferation of e-commerce and online sales platforms has also widened the accessibility and availability of a diverse range of trowels, thereby augmenting the trowel market growth.
The increasing focus on DIY (Do-It-Yourself) home improvement projects, has heightened the demand for user-friendly and versatile tools like trowels. The trend of DIY activities is expected to continue, further fostering the trowel market development.
Lastly, the emerging trend of sustainable and green buildings, which require specific construction practices and materials, has led to the development of specialised trowels. This niche market segment is expected to provide additional impetus to the global trowel market.
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Trowel Market Segmentation
The market can be divided based on type, application, distribution channel, and region.
Market Breakup by Type
- V-Notch Trowels
- U-Notch Trowels
- Square Notch Trowels
- Margin Trowels
- Speciality Trowels
- Others
Market Breakup by Application
- Floor
- Wall
- Others
Market Breakup by Distribution Channel
- Online
- Offline
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global trowel companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Marshalltown Company
- Hyde Tools, Inc
- Ragni
- OX Tools AU Pty Ltd
- Spear & Jackson
- Leading Tools Industrial Co., Ltd
- Carl Kammerling International Ltd.
- Faithfull Tools
- Bon Tool Co.
- Goldblatt Industries, LLC
- Others
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