Tool Rental Market
Tool Rental Market Analysis by Power Tools, Hand Tools, Construction Equipment, Garden & Landscaping Tools, Material Handling Equipment, Plumbing & Pipe Tools, and Others 2023 to 2033
Analysis of Tool Rental Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Tool Rental Market Growth Outlook (2023 to 2033)
The global tool rental market is expected to be worth US$ 54.7 billion in 2023 up from US$ 52.5 billion in 2022 and the market is expected to grow at a rate of 4.2% during the forecast period.
The growing adoption of multiple equipment and tools across numerous end-use industries has a positive impact on the tool rental market growth. Industries often experience variations in demand for specific tools and equipment based on project requirements or seasonal fluctuations.
Renting tools enables businesses to be flexible and scalable, as they can easily adjust the rental inventory according to their immediate needs, saving on storage and maintenance costs for unused equipment, hence, creating immense growth opportunities for the tool rental service providers.
| Report Attributes | Details |
|---|---|
| Tool Rental Market Size (2022A) | US$ 52.5 Billion |
| Estimated Market Value (2023E) | US$ 54.7 Billion |
| Forecast Market Value (2033F) | US$ 82.5 Billion |
| Global Market Growth Rate (2023 to 2033) | 4.2% CAGR |
| United States Market Share (2023) | 23.1% |
| Germany Market Growth Rate (2023 to 2033) | 4.4% CAGR |
| China Market Growth Rate (2023 to 2033) | 4.5% CAGR |
| Market Share of Top 3 Countries | 50.0% |
| Key Companies Profiled | Aggreko; A-Plant; BlueLine Rental; HSS Hire; Kennards Hire; Loxam Group; Sunstate Equipment; United Rentals |
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Historic and Future Growth Outlook
The growing adoption of multiple equipment and tools across various industries creates a favorable environment for the tool rental market. As, owning a wide range of equipment and tools can be costly for businesses, especially smaller enterprises or those with fluctuating demand. Renting tools provides a cost-effective solution, allowing businesses to access the required equipment without the significant upfront investment.
By offering cost-effective, flexible, and technologically advanced solutions, rental companies are likely to meet the evolving needs of businesses across different sectors, driving market growth.
- Short Term (2023 to 2026): Increasing popularity of do-it-yourself (DIY) due to the increasing cost of professionals and the high cost of tool ownership is driving the tool rental market.
- Medium Term (2026 to 2029): Due to rapid development in the real estate sector, there is a growing need for advanced tools and equipment. As with upgradation in technology, affording every high-tech tool is difficult so the company will prefer tool rentals over having a tool ownership. This is likely to create immense growth opportunities for the market players.
- Long Term (2029 to 2033): Many industries witness rapid technological advancements, and keeping up with the latest tools and equipment can be challenging for businesses. By opting for tool rentals, companies can access cutting-edge technology without the burden of purchasing and maintaining expensive equipment, thus, creating growth opportunities for market growth in coming years.
On the back of the aforementioned facts, the tool rental market is expected to grow at a CAGR of 4.2% during the forecast period from 2023 to 2033, According to the Fact.MR, a market research and competitive intelligence provider
Market share analysis of tool rental based on the product type and region is provided in a nutshell in the above image. Under the product type segment, the power tool sub-segment is expected to dominate with a 28.3% market share in 2023.
Market Dynamics Overview
“Growing Trend of DIY to Drive Tool Rental Market Growth”
The increase in popularity of Do-It-Yourself (DIY) projects is contributing to the rise in the market growth of tool rental. More and more people are choosing to do their own home improvement projects, rather than hiring a contractor. This is due to a number of factors, including the rising cost of labor, the availability of easy-to-follow DIY tutorials online, and the sense of accomplishment that comes from completing a project oneself.
Tool rental companies are benefiting from this trend by offering a convenient and affordable way for DIYers to get the tools they need. Tool rental companies typically have a wide variety of tools available, including power tools, hand tools, and safety equipment. They also offer delivery and pickup services, so DIYers can get the tools they need without having to worry about storing them. The growth of the DIY market is expected to continue in the coming years, which is likely to drive the tool rental market.
“Factors Affecting Tool Rental Market Growth”
The market growth for tool rental is restrained by a number of factors, including the rise of the sharing economy, the economic downturn, and the availability of new tool kits. The rise of the sharing economy has made it easier and more convenient for people to rent tools from individuals, often for a lower price than tool rental companies.
Further, starting a rental tools business requires a significant initial investment in acquiring a diverse inventory of tools and equipment. The cost of purchasing and maintaining a range of tools is a barrier for entrepreneurs looking to enter the rental market, limiting competition and market growth.
Intense price competition among rental companies leads to compressed profit margins. As the number of rental providers increases, companies have to lower their rental rates to attract customers, resulting in reduced profitability for the overall market.
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Country-Wise Insights
What Factors are Driving Tool Rentals Market in the U.S.?
The demand for tool rental in the USA is increasing due to the growing demand across various industries and sectors. The demand for tool rental is increasing as it caters to the diverse needs of professionals, contractors, DIY enthusiasts, and businesses. From construction and renovation projects to event planning and landscaping, tool rental provides a convenient solution for accessing specialized equipment tailored to specific applications.
The United States tool rental market is expected to grow at a rate of 4.4% during the forecast period.
Why Chinese Tool Rental Market is Highly Lucrative?
China is undergoing significant urbanization and infrastructure development, leading to a high demand for construction and related tools. Rental tools provide a cost-effective solution for construction companies and contractors to access a wide range of equipment necessary for infrastructure projects, such as excavators, concrete mixers, scaffolding, and power tools.
Renting tools is often more cost-effective than purchasing them outright, especially for smaller businesses or individuals with limited budgets. By opting for rental tools, users can save on upfront costs, maintenance expenses, and storage costs, making it an attractive option for cost-conscious consumers and businesses, thus driving the tool rental market growth across China.
China is expected to continue to grow from 2023 to 2033 with a market size of US$ 16.4 billion and may witness a CAGR of 4.5%. It is expected that it will create an absolute dollar opportunity of US$ 5.8 billion.
Categories-wise Insights
How does Growing Demand for the Material Handling Equipment Drives Tool Rental Market Growth?
With the growing demand for material handling equipment, tool rental service providers witnessing high demand for various machinery and tools including forklifts.
Forklifts are expensive to purchase, operate, and maintain. By opting for forklift rentals, businesses avoid the high upfront costs of purchasing new equipment, as well as the ongoing expenses associated with maintenance, repairs, and storage. Renting forklifts offers a cost-effective solution, allowing businesses to allocate their resources more efficiently.
Forklift rental provides businesses with flexibility and scalability. Companies experience fluctuations in their material handling needs due to seasonal demands, project variations, or unexpected growth. Renting forklifts allows businesses to quickly adjust their equipment fleet to match the specific requirements, without the long-term commitment of ownership.
How Growing Oil and Gas, Mining, and Energy Drives Tool Rental Market Growth?
The oil and gas, mining, and energy industries require a wide range of specialized equipment and tools to carry out their operations efficiently and safely. These industries often require drilling equipment, pumps, generators, compressors, specialized tools for maintenance and repairs, and other machinery. Tool rental companies meet these specific equipment needs by providing a diverse inventory of tools and equipment tailored to these industries.
The oil and gas, mining, and energy sectors involve significant capital investments in infrastructure and equipment. By opting for tool rentals, companies reduce their upfront capital expenditures. Instead of purchasing expensive equipment, they rent the necessary tools on a project basis, allowing them to allocate capital resources more efficiently.
These industries often experience fluctuating demand based on project timelines, exploration activities, or market conditions. Renting tools offers operational flexibility, as companies easily scale their equipment inventory up or down to meet changing demands. They rent additional equipment during peak periods or return tools during downtime, optimizing their operational efficiency.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
Prominent tool rental service providers are Aggreko, A-Plant, BlueLine Rental, Boels Rental, Cramo, Europcar Group, Herc Rentals, HSS Hire, Kennards Hire, Loxam Group, Riwal, Speedy Hire, Sunbelt Rentals, Sunstate Equipment, and United Rentals.
Tool rental service providers in order to attract customers and meet their varied needs, tool rental service providers maintain a diverse inventory of tools and equipment. They ensure they have a wide range of options available, from basic hand tools to specialized machinery, to cater to different industries and applications. Additionally, they regularly update their inventory with the latest models and technologically advanced equipment to offer customers the most up-to-date tools.
Fact.MR has provided detailed information about the key rental service providers of tool rental, their total fleet, service portfolio, and revenue growth, in the recently published report.
Segmentation of Tool Rental Industry Research
-
By Type :
- Power Tools
- Drills
- Saws (circular saws, reciprocating saws, jigsaws)
- Sanders (orbital sanders, belt sanders)
- Grinders (angle grinders, bench grinders)
- Nail guns
- Impact wrenches
- Power screwdrivers
- Heat guns
- Hand Tools
- Hammers
- Screwdrivers
- Wrenches (adjustable wrenches, socket wrenches)
- Pliers (needle-nose pliers, locking pliers)
- Chisels
- Clamps
- Levels
- Measuring tapes
- Construction Equipment
- Excavators
- Loaders
- Bulldozers
- Concrete mixers
- Compactors
- Trenchers
- Garden and Landscaping Tool
- Lawn mowers
- Hedge trimmers
- Chainsaws
- Leaf blowers
- Brush cutters
- Tillers
- Aerators
- Sprayers
- Material Handling Equipment
- Forklifts
- Pallet jacks
- Hand trucks
- Dollies
- Lifting equipment
- Hoists
- Plumbing and Pipe Tools
- Pipe cutters
- Pipe threaders
- Drain cleaners
- Pipe wrenches
- Pipe benders
- Soldering equipment
- Electrical Tools
- Multimeters
- Wire strippers
- Cable pullers
- Conduit benders
- Voltage testers
- Crimping tools
- Others
- Power Tools
-
By End User :
- Construction and Infrastructure
- Manufacturing and Industrial
- Oil and Gas, Mining, and Energy
- Landscaping and Outdoor Maintenance
- Agriculture and Farming
- Transportation and Logistics
- Home Improvement and DIY
- Municipal and Government Projects
- Telecommunications and Network Infrastructure
- Utilities and Power Generation
- Others
-
By Rental Type :
- Period Rental
- Rent to Own
- On-Demand Rental
-
By Sales Channel :
- Rental Center (Stores)
- Online Rentals
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & ASEAN
- Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Market Value (US$ million) Analysis and Forecast
- 5. Global Market Analysis and Forecast, By Type
- 5.1. Power Tools
- 5.1.1. Drills
- 5.1.2. Saws (circular saws, reciprocating saws, jigsaws)
- 5.1.3. Sanders (orbital sanders, belt sanders)
- 5.1.4. Grinders (angle grinders, bench grinders)
- 5.1.5. Nail guns
- 5.1.6. Impact wrenches
- 5.1.7. Power screwdrivers
- 5.1.8. Heat guns
- 5.2. Hand Tools
- 5.2.1. Hammers
- 5.2.2. Screwdrivers
- 5.2.3. Wrenches (adjustable wrenches, socket wrenches)
- 5.2.4. Pliers (needle-nose pliers, locking pliers)
- 5.2.5. Chisels
- 5.2.6. Clamps
- 5.2.7. Levels
- 5.2.8. Measuring tapes
- 5.3. Construction Equipment
- 5.3.1. Excavators
- 5.3.2. Loaders
- 5.3.3. Bulldozers
- 5.3.4. Concrete mixers
- 5.3.5. Compactors
- 5.3.6. Trenchers
- 5.4. Garden and Landscaping Tool
- 5.4.1. Lawn mowers
- 5.4.2. Hedge trimmers
- 5.4.3. Chainsaws
- 5.4.4. Leaf blowers
- 5.4.5. Brush cutters
- 5.4.6. Tillers
- 5.4.7. Aerators
- 5.4.8. Sprayers
- 5.5. Material Handling Equipment
- 5.5.1. Forklifts
- 5.5.2. Pallet jacks
- 5.5.3. Hand trucks
- 5.5.4. Dollies
- 5.5.5. Lifting equipment
- 5.5.6. Hoists
- 5.6. Plumbing and Pipe Tools
- 5.6.1. Pipe cutters
- 5.6.2. Pipe threaders
- 5.6.3. Drain cleaners
- 5.6.4. Pipe wrenches
- 5.6.5. Pipe benders
- 5.6.6. Soldering equipment
- 5.7. Electrical Tools
- 5.7.1. Multimeters
- 5.7.2. Wire strippers
- 5.7.3. Cable pullers
- 5.7.4. Conduit benders
- 5.7.5. Voltage testers
- 5.7.6. Crimping tools
- 5.8. Others
- 5.1. Power Tools
- 6. Global Market Analysis and Forecast, By Rental Type
- 6.1. Period Rental
- 6.2. Rent to Own
- 6.3. On-Demand Rental
- 7. Global Market Analysis and Forecast, By End User
- 7.1. Construction and Infrastructure
- 7.2. Manufacturing and Industrial
- 7.3. Oil and Gas, Mining, and Energy
- 7.4. Landscaping and Outdoor Maintenance
- 7.5. Agriculture and Farming
- 7.6. Transportation and Logistics
- 7.7. Home Improvement and DIY
- 7.8. Municipal and Government Projects
- 7.9. Telecommunications and Network Infrastructure
- 7.10. Utilities and Power Generation
- 7.11. Others
- 8. Global Market Analysis and Forecast, By Sales Channel
- 8.1. Rental Center (Stores)
- 8.2. Online Rentals
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Market Competition Analysis
- 18.1. Aggreko
- 18.2. A-Plant
- 18.3. BlueLine Rental
- 18.4. Boels Rental
- 18.5. Cramo
- 18.6. Europcar Group
- 18.7. Herc Rentals
- 18.8. HSS Hire
- 18.9. Kennards Hire
- 18.10. Loxam Group
- 18.11. Riwal
- 18.12. Speedy Hire
- 18.13. Sunbelt Rentals
- 18.14. Sunstate Equipment
- 18.15. United Rentals
- 18.16. Other Prominent Players
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Value (US$ million) By Type, 2018 to 2022
Table 4: Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 5: Global Market Value (US$ million) By Rental Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 7: Global Market Value (US$ million) By End User, 2018 to 2022
Table 8: Global Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 9: Global Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 11: North America Market Value (US$ million) by Country, 2018 to 2022
Table 12: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 13: North America Market Value (US$ million) By Type, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 15: North America Market Value (US$ million) By Rental Type, 2018 to 2022
Table 16: North America Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 17: North America Market Value (US$ million) By End User, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 19: North America Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 20: North America Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 21: Latin America Market Value (US$ million) by Country, 2018 to 2022
Table 22: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 23: Latin America Market Value (US$ million) By Type, 2018 to 2022
Table 24: Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 25: Latin America Market Value (US$ million) By Rental Type, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 27: Latin America Market Value (US$ million) By End User, 2018 to 2022
Table 28: Latin America Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 29: Latin America Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 30: Latin America Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 31: Europe Market Value (US$ million) by Country, 2018 to 2022
Table 32: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 33: Europe Market Value (US$ million) By Type, 2018 to 2022
Table 34: Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 35: Europe Market Value (US$ million) By Rental Type, 2018 to 2022
Table 36: Europe Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 37: Europe Market Value (US$ million) By End User, 2018 to 2022
Table 38: Europe Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 39: Europe Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 40: Europe Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 41: East Asia Market Value (US$ million) by Country, 2018 to 2022
Table 42: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 43: East Asia Market Value (US$ million) By Type, 2018 to 2022
Table 44: East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 45: East Asia Market Value (US$ million) By Rental Type, 2018 to 2022
Table 46: East Asia Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 47: East Asia Market Value (US$ million) By End User, 2018 to 2022
Table 48: East Asia Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 49: East Asia Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 50: East Asia Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 51: South Asia & Oceania Market Value (US$ million) by Country, 2018 to 2022
Table 52: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 53: South Asia & Oceania Market Value (US$ million) By Type, 2018 to 2022
Table 54: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 55: South Asia & Oceania Market Value (US$ million) By Rental Type, 2018 to 2022
Table 56: South Asia & Oceania Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 57: South Asia & Oceania Market Value (US$ million) By End User, 2018 to 2022
Table 58: South Asia & Oceania Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 59: South Asia & Oceania Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 60: South Asia & Oceania Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
Table 61: MEA Market Value (US$ million) by Country, 2018 to 2022
Table 62: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63: MEA Market Value (US$ million) By Type, 2018 to 2022
Table 64: MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 65: MEA Market Value (US$ million) By Rental Type, 2018 to 2022
Table 66: MEA Market Value (US$ million) and Forecast By Rental Type, 2023 to 2033
Table 67: MEA Market Value (US$ million) By End User, 2018 to 2022
Table 68: MEA Market Value (US$ million) and Forecast By End User, 2023 to 2033
Table 69: MEA Market Value (US$ million) By Sales Channel, 2018 to 2022
Table 70: MEA Market Value (US$ million) and Forecast By Sales Channel, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) By Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 9: Global Market Value (US$ million) By End User, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 11: Global Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 12: Global Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 13: North America Market Value (US$ million) Forecast, 2023 to 2033
Figure 14: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 15: North America Market Value (US$ million) by Country, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 17: North America Market Value (US$ million) By Type, 2023 & 2033
Figure 18: North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 19: North America Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 20: North America Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 21: North America Market Value (US$ million) By End User, 2023 & 2033
Figure 22: North America Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 23: North America Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 25: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 26: North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 27: North America Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 28: North America Market Attractiveness Analysis By End User, 2023 to 2033
Figure 29: North America Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 30: Latin America Market Value (US$ million) Forecast, 2023 to 2033
Figure 31: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 32: Latin America Market Value (US$ million) By Country, 2023 & 2033
Figure 33: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 34: Latin America Market Value (US$ million) By Type, 2023 & 2033
Figure 35: Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 36: Latin America Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 37: Latin America Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 38: Latin America Market Value (US$ million) By End User, 2023 & 2033
Figure 39: Latin America Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 40: Latin America Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 41: Latin America Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 42: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 43: Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 44: Latin America Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 45: Latin America Market Attractiveness Analysis By End User, 2023 to 2033
Figure 46: Latin America Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 47: Europe Market Value (US$ million) Forecast, 2023 to 2033
Figure 48: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 49: Europe Market Value (US$ million) By Country, 2023 & 2033
Figure 50: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 51: Europe Market Value (US$ million) By Type, 2023 & 2033
Figure 52: Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 53: Europe Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 54: Europe Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 55: Europe Market Value (US$ million) By End User, 2023 & 2033
Figure 56: Europe Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 57: Europe Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 58: Europe Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 59: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 60: Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 61: Europe Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 62: Europe Market Attractiveness Analysis By End User, 2023 to 2033
Figure 63: Europe Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 64: East Asia Market Value (US$ million) Forecast, 2023 to 2033
Figure 65: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66: East Asia Market Value (US$ million) By Country, 2023 & 2033
Figure 67: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 68: East Asia Market Value (US$ million) By Type, 2023 & 2033
Figure 69: East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 70: East Asia Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 71: East Asia Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 72: East Asia Market Value (US$ million) By End User, 2023 & 2033
Figure 73: East Asia Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 74: East Asia Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 75: East Asia Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 76: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 77: East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 78: East Asia Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 79: East Asia Market Attractiveness Analysis By End User, 2023 to 2033
Figure 80: East Asia Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 81: South Asia & Oceania Market Value (US$ million) Forecast, 2023 to 2033
Figure 82: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 83: South Asia & Oceania Market Value (US$ million) By Country, 2023 & 2033
Figure 84: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 85: South Asia & Oceania Market Value (US$ million) By Type, 2023 & 2033
Figure 86: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 87: South Asia & Oceania Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 88: South Asia & Oceania Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 89: South Asia & Oceania Market Value (US$ million) By End User, 2023 & 2033
Figure 90: South Asia & Oceania Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 91: South Asia & Oceania Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 92: South Asia & Oceania Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 94: South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 95: South Asia & Oceania Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 96: South Asia & Oceania Market Attractiveness Analysis By End User, 2023 to 2033
Figure 97: South Asia & Oceania Market Attractiveness Analysis By Sales Channel, 2023 to 2033
Figure 98: MEA Market Value (US$ million) Forecast, 2023 to 2033
Figure 99: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 100: MEA Market Value (US$ million) By Country, 2023 & 2033
Figure 101: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 102: MEA Market Value (US$ million) By Type, 2023 & 2033
Figure 103: MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 104: MEA Market Value (US$ million) By Rental Type, 2023 & 2033
Figure 105: MEA Market Y-o-Y Growth Rate By Rental Type, 2023 to 2033
Figure 106: MEA Market Value (US$ million) By End User, 2023 & 2033
Figure 107: MEA Market Y-o-Y Growth Rate By End User, 2023 to 2033
Figure 108: MEA Market Value (US$ million) By Sales Channel, 2023 & 2033
Figure 109: MEA Market Y-o-Y Growth Rate By Sales Channel, 2023 to 2033
Figure 110: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 111: MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 112: MEA Market Attractiveness Analysis By Rental Type, 2023 to 2033
Figure 113: MEA Market Attractiveness Analysis By End User, 2023 to 2033
Figure 114: MEA Market Attractiveness Analysis By Sales Channel, 2023 to 2033
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- FAQs -
What is the Market Size of the Global Tool Rental Market?
The tool rental market is expected to grow from US$ 54.7 billion in 2023 to US$ 82.5 billion in 2033 at a rate of 4.2%.
Which Product Type Holds a Prominent Share in the Tool Rental Market?
By product type, power tool is estimated to hold a prominent share of the tool rental market accounting for 28.3% in 2023.
Which End Use has a Significant Share in the Tool Rental Market?
Construction and infrastructure end-use is expected to hold a significant position in the tool rental market accounting for 33.2% market share in 2023.
What is the Expected Growth Rate of the Chinese Tool Rental Market?
The Chinese tool rental market is expected to grow at a CAGR of 4.5% during the forecast period and reach a valuation of US$ 16.4 billion in 2033.
What is the valuation of the U.S. Tool Rental Market?
The U.S. tool rental market is likely to grow at a CAGR of 4.4% during the forecast period to reach a valuation of US$ 20.8 billion in 2033 from a valuation of US$ 13.5 billion in 2023.
Tool Rental Market