Global Cutting Tools Market Outlook, 2029

The Global Cutting Tools Market is estimated at USD 117.1 trillions in 2032 , driven by rise in Automation Adoption.

According to publisher, Here is the Global Cutting Tools Market Report. Market Insights The global cutting tools market is a vital cog in the manufacturing machinery, estimated at a size of USD 71.7 trillion in 2023. This market is expected to exhibit a steady growth trajectory, reaching a projected value of USD 117.1 trillion by 2032, driven by a compound annual growth rate (CAGR) of 5.6%. This growth is fueled by several factors, including: Rising Industrial Demand: Industries like automotive, aerospace, construction, and electronics are experiencing a surge in demand, which in turn necessitates a rise in cutting tool usage for shaping and processing materials. For instance, the global metal cutting tools market, a key segment, is anticipated to reach USD 120.44 billion by 2030, showcasing a CAGR of 6.2%. Technological Advancements: The cutting tool industry is constantly innovating. Advancements in material science are leading to the development of more durable and efficient tools, such as those with diamond coatings that can withstand extreme temperatures and pressures. Automation Adoption: The increasing adoption of automation in manufacturing processes is propelling the demand for cutting tools. These automated processes rely on high-precision and reliable cutting tools to function effectively. Market Dynamics The cutting tool market experiences a dynamic interplay between various forces. Here's a breakdown of some key drivers and challenges: Drivers: Growing infrastructure development, particularly in emerging economies like India and China, is fostering demand for cutting tools in construction and metalworking sectors. The increasing focus on lightweight and high-performance materials in various industries, such as the use of carbon composites in aerospace, necessitates specialized cutting tools. Challenges: Fluctuations in raw material prices can disrupt the production costs of cutting tools. Counterfeit cutting tools pose a significant challenge, impacting the market share of legitimate manufacturers and potentially compromising safety standards.

What's Inside a Bonafide Research`s industry report?

Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

Download Sample

Market Segments The global cutting tools market can be segmented based on various criteria: Material Type: High-speed steel (HSS) is a widely used and cost-effective option. Cemented carbide offers superior wear resistance and is preferred for tougher materials. Diamond and cubic boron nitride (CBN) tools are used for high-performance applications due to their extreme hardness. Tool Type: Solid round tools like drills and taps are used for various drilling and threading operations. Indexable inserts offer a more economical option as only the cutting edge needs replacement, reducing overall tool consumption.

Make this report your own

Have queries/questions regarding a report?

Take advantage of intelligence tailored to your business objective

Manmayi Raval

Manmayi Raval

Research Consultant

Application: The automotive industry is the largest consumer of cutting tools, owing to the extensive metalworking involved in vehicle manufacturing. Other significant applications include aerospace, electronics, construction, and power generation. Regional Analysis The global cutting tools market exhibits a diversified regional landscape: Asia-Pacific: This region holds the dominant share, exceeding 30% of the global market, and is projected to maintain the fastest growth rate due to rapid industrialization. North America & Europe: These established industrial regions hold a significant market share but are expected to experience a more moderate growth rate compared to Asia-Pacific. Rest of the World: This region, encompassing South America, Africa, and the Middle East, is anticipated to witness promising growth potential due to increasing investments in infrastructure and manufacturing. Key Developments The cutting tool market is constantly evolving with new advancements: Additive Manufacturing Integration: 3D printing technology is being explored for the production of customized cutting tools with complex geometries. Sustainable Tool Development: Manufacturers are focusing on developing eco-friendly cutting tools with features like improved tool life and reduced coolant consumption. Digitalization: The integration of Internet of Things (IoT) and sensor technology into cutting tools allows for real-time monitoring and performance optimization.

Don’t pay for what you don’t need. Save 30%

Customise your report by selecting specific countries or regions

Specify Scope Now
Manmayi Raval

Competitive Landscape The cutting tool market is a competitive landscape with a mix of established players and emerging participants: Leading Players: Sandvik AB, Kennametal Inc., Mitsubishi Materials Corporation, and IMC Group (Ingersoll Cutting Tools) are some of the major players, offering a comprehensive range of cutting tools catering to diverse industries. Emerging Trends: Strategic collaborations and acquisitions to expand product portfolios and geographical reach are becoming increasingly common. Additionally, there's a growing focus on research and development to create innovative and differentiated cutting tool solutions. In conclusion, the global cutting tools market presents a promising outlook with robust growth potential. As industries evolve and technological advancements continue, the demand for high-performance and sustainable cutting tools is poised to propel the market forward.

Table of Contents

  • 1 Introduction 12
  • 1.1 Industry Definition and Research Scope 12
  • 1.1.1 Industry Definition 12
  • 1.1.2 Research Scope 13
  • 1.2 Research Methodology 16
  • 1.2.1 Overview of Market Research Methodology 16
  • 1.2.2 Market Assumption 17
  • 1.2.3 Secondary Data 17
  • 1.2.4 Primary Data 17
  • 1.2.5 Data Filtration and Model Design 18
  • 1.2.6 Market Size/Share Estimation 19
  • 1.2.7 Research Limitations 20
  • 1.3 Executive Summary 21
  • 2 Market Overview and Dynamics 24
  • 2.1 Market Size and Forecast 24
  • 2.1.1 Impact of COVID-19 on World Economy 26
  • 2.1.2 Impact of COVID-19 on the Market 30
  • 2.1.3 Impact of Russia-Ukraine Conflict 32
  • 2.1.4 Impact of Israel-Palestine War 34
  • 2.2 Major Growth Drivers 36
  • 2.3 Market Restraints and Challenges 39
  • 2.4 Emerging Opportunities and Market Trends 42
  • 2.5 Porter’s Fiver Forces Analysis 46
  • 3 Segmentation of Global Market by Tool Type 50
  • 3.1 Market Overview by Tool Type 50
  • 3.2 Solid Round Tools 54
  • 3.3 Indexable Cutting Tools 55
  • 4 Segmentation of Global Market by Product 56
  • 4.1 Market Overview by Product 56
  • 4.2 Groovers 60
  • 4.3 Reamers 61
  • 4.4 Milling Cutters 62
  • 4.5 Drills 63
  • 4.6 Other Products 64
  • 5 Segmentation of Global Market by Material 65
  • 5.1 Market Overview by Material 65
  • 5.2 Cemented Carbide 69
  • 5.3 High-speed Steel (HSS) 70
  • 5.4 Ceramics 71
  • 5.5 Cubic Boron Nitride (CBN) 72
  • 5.6 Other Materials 73
  • 6 Segmentation of Global Market by Chip Breaker 74
  • 6.1 Market Overview by Chip Breaker 74
  • 6.2 Step/Shelf Chip Breaker 78
  • 6.3 Groove/Ridge Chip Breaker 79
  • 6.4 Universal Chip Breaker 80
  • 6.5 Separate Chip Breaker 81
  • 7 Segmentation of Global Market by Application 82
  • 7.1 Market Overview by Application 82
  • 7.2 Threading & Milling 86
  • 7.3 Shearing & Parting 87
  • 7.4 Grooving & Drilling 88
  • 7.5 Boring 89
  • 8 Segmentation of Global Market by Industry Vertical 90
  • 8.1 Market Overview by Industry Vertical 90
  • 8.2 Automotive Industry 94
  • 8.3 General Manufacturing 95
  • 8.4 Aerospace & Defense 96
  • 8.5 Oil & Gas 97
  • 8.6 Electronics Industry 98
  • 8.7 Construction 99
  • 8.8 Energy & Power 100
  • 8.9 Medical Industry 101
  • 8.10 Other Industry Verticals 102
  • 9 Segmentation of Global Market by Distribution Channel 103
  • 9.1 Market Overview by Distribution Channel 103
  • 9.2 Offline Sales 107
  • 9.3 Online Sales 108
  • 10 Segmentation of Global Market by Region 109
  • 10.1 Geographic Market Overview 2023-2033 109
  • 10.2 North America Market 2023-2033 by Country 115
  • 10.2.1 Overview of North America Market 115
  • 10.2.2 U.S. 119
  • 10.2.3 Canada 122
  • 10.2.4 Mexico 124
  • 10.3 European Market 2023-2033 by Country 126
  • 10.3.1 Overview of European Market 126
  • 10.3.2 Germany 130
  • 10.3.3 U.K. 132
  • 10.3.4 France 134
  • 10.3.5 Spain 136
  • 10.3.6 Italy 138
  • 10.3.7 Netherlands 140
  • 10.3.8 Rest of European Market 142
  • 10.4 Asia-Pacific Market 2023-2033 by Country 144
  • 10.4.1 Overview of Asia-Pacific Market 144
  • 10.4.2 Japan 148
  • 10.4.3 China 151
  • 10.4.4 Australia 153
  • 10.4.5 India 155
  • 10.4.6 South Korea 157
  • 10.4.7 Rest of APAC Region 159
  • 10.5 South America Market 2023-2033 by Country 161
  • 10.5.1 Argentina 164
  • 10.5.2 Brazil 166
  • 10.5.3 Chile 168
  • 10.5.4 Rest of South America Market 170
  • 10.6 MEA Market 2023-2033 by Country 171
  • 10.6.1 UAE 174
  • 10.6.2 Saudi Arabia 176
  • 10.6.3 South Africa 178
  • 10.6.4 Other National Markets 180
  • 11 Competitive Landscape 181
  • 11.1 Overview of Key Vendors 181
  • 11.2 New Product Launch, Partnership, Investment, and M&A 184
  • 11.3 Company Profiles 185
  • Ceratizit Group 185
  • Fraisa SA 187
  • Hikoki 188
  • Hilti Corporation 189
  • ICS Cutting Tools Inc. 190
  • Ingersoll Cutting Tools 191
  • Iscar Ltd. 192
  • J Schneeberger Maschinen AG 193
  • Kelin Tools 194
  • Kennametal Inc. 195
  • Kyocera 196
  • Makita Corporation 197
  • Mapal 198
  • OSG Corporation 199
  • OTTO BAIER GmbH 200
  • Robert Bosch 201
  • Sandvik AG 202
  • Snap-on Incorporated 203
  • Stanley Black & Decker 204
  • Vollmer 205
  • RELATED REPORTS 206



Table 1. Snapshot of Global Cutting Tools Market in Balanced Perspective, 2023-2033 22
Table 2. World Economic Outlook, 2024-2036 27
Table 3. World Economic Outlook, 2022-2024 29
Table 4. Scenarios for Economic Impact of Ukraine Crisis 33
Table 5. Scenarios for Economic Impact of Israel-Palestine War 34
Table 6. Main Product Trends and Market Opportunities in Global Cutting Tools Market 42
Table 7. Global Cutting Tools Market by Tool Type, 2023-2033, $ mn 50
Table 8. Global Cutting Tools Market by Tool Type, 2023-2033, million units 52
Table 9. Global Cutting Tools Market by Tool Type: Solid Round Tools, 2023-2033, $ mn and million units 54
Table 10. Global Cutting Tools Market by Tool Type: Indexable Cutting Tools, 2023-2033, $ mn and million units 55
Table 11. Global Cutting Tools Market by Product, 2023-2033, $ mn 56
Table 12. Global Cutting Tools Market by Product, 2023-2033, million units 58
Table 13. Global Cutting Tools Market by Product: Groovers, 2023-2033, $ mn and million units 60
Table 14. Global Cutting Tools Market by Product: Reamers, 2023-2033, $ mn and million units 61
Table 15. Global Cutting Tools Market by Product: Milling Cutters, 2023-2033, $ mn and million units 62
Table 16. Global Cutting Tools Market by Product: Drills, 2023-2033, $ mn and million units 63
Table 17. Global Cutting Tools Market by Product: Other Products, 2023-2033, $ mn and million units 64
Table 18. Global Cutting Tools Market by Material, 2023-2033, $ mn 65
Table 19. Global Cutting Tools Market by Material, 2023-2033, million units 67
Table 20. Global Cutting Tools Market by Material: Cemented Carbide, 2023-2033, $ mn and million units 69
Table 21. Global Cutting Tools Market by Material: High-speed Steel (HSS), 2023-2033, $ mn and million units 70
Table 22. Global Cutting Tools Market by Material: Ceramics, 2023-2033, $ mn and million units 71
Table 23. Global Cutting Tools Market by Material: Cubic Boron Nitride (CBN), 2023-2033, $ mn and million units 72
Table 24. Global Cutting Tools Market by Material: Other Materials, 2023-2033, $ mn and million units 73
Table 25. Global Cutting Tools Market by Chip Breaker, 2023-2033, $ mn 74
Table 26. Global Cutting Tools Market by Chip Breaker, 2023-2033, million units 76
Table 27. Global Cutting Tools Market by Chip Breaker: Step/Shelf Chip Breaker, 2023-2033, $ mn and million units 78
Table 28. Global Cutting Tools Market by Chip Breaker: Groove/Ridge Chip Breaker, 2023-2033, $ mn and million units 79
Table 29. Global Cutting Tools Market by Chip Breaker: Universal Chip Breaker, 2023-2033, $ mn and million units 80
Table 30. Global Cutting Tools Market by Chip Breaker: Separate Chip Breaker, 2023-2033, $ mn and million units 81
Table 31. Global Cutting Tools Market by Application, 2023-2033, $ mn 82
Table 32. Global Cutting Tools Market by Application, 2023-2033, million units 84
Table 33. Global Cutting Tools Market by Application: Threading & Milling, 2023-2033, $ mn and million units 86
Table 34. Global Cutting Tools Market by Application: Shearing & Parting, 2023-2033, $ mn and million units 87
Table 35. Global Cutting Tools Market by Application: Grooving & Drilling, 2023-2033, $ mn and million units 88
Table 36. Global Cutting Tools Market by Application: Boring, 2023-2033, $ mn and million units 89
Table 37. Global Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 90
Table 38. Global Cutting Tools Market by Industry Vertical, 2023-2033, million units 92
Table 39. Global Cutting Tools Market by Industry Vertical: Automotive Industry, 2023-2033, $ mn and million units 94
Table 40. Global Cutting Tools Market by Industry Vertical: General Manufacturing, 2023-2033, $ mn and million units 95
Table 41. Global Cutting Tools Market by Industry Vertical: Aerospace & Defense, 2023-2033, $ mn and million units 96
Table 42. Global Cutting Tools Market by Industry Vertical: Oil & Gas, 2023-2033, $ mn and million units 97
Table 43. Global Cutting Tools Market by Industry Vertical: Electronics Industry, 2023-2033, $ mn and million units 98
Table 44. Global Cutting Tools Market by Industry Vertical: Construction, 2023-2033, $ mn and million units 99
Table 45. Global Cutting Tools Market by Industry Vertical: Energy & Power, 2023-2033, $ mn and million units 100
Table 46. Global Cutting Tools Market by Industry Vertical: Medical Industry, 2023-2033, $ mn and million units 101
Table 47. Global Cutting Tools Market by Industry Vertical: Other Industry Verticals, 2023-2033, $ mn and million units 102
Table 48. Global Cutting Tools Market by Distribution Channel, 2023-2033, $ mn 103
Table 49. Global Cutting Tools Market by Distribution Channel, 2023-2033, million units 105
Table 50. Global Cutting Tools Market by Distribution Channel: Offline Sales, 2023-2033, $ mn and million units 107
Table 51. Global Cutting Tools Market by Distribution Channel: Online Sales, 2023-2033, $ mn and million units 108
Table 52. Global Cutting Tools Market by Region, 2023-2033, $ mn 110
Table 53. Global Cutting Tools Market by Region, 2023-2033, million units 112
Table 54. Leading National Cutting Tools Market, 2023 and 2033, $ mn 114
Table 55. North America Cutting Tools Market by Country, 2023-2033, $ mn 117
Table 56. U.S. Cutting Tools Market by Tool Type, 2023-2033, $ mn 121
Table 57. U.S. Cutting Tools Market by Material, 2023-2033, $ mn 121
Table 58. U.S. Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 121
Table 59. Canada Cutting Tools Market by Tool Type, 2023-2033, $ mn 123
Table 60. Canada Cutting Tools Market by Material, 2023-2033, $ mn 123
Table 61. Canada Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 123
Table 62. Mexico Cutting Tools Market by Tool Type, 2023-2033, $ mn 125
Table 63. Mexico Cutting Tools Market by Material, 2023-2033, $ mn 125
Table 64. Mexico Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 125
Table 65. Europe Cutting Tools Market by Country, 2023-2033, $ mn 129
Table 66. Germany Cutting Tools Market by Tool Type, 2023-2033, $ mn 131
Table 67. Germany Cutting Tools Market by Material, 2023-2033, $ mn 131
Table 68. Germany Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 131
Table 69. U.K. Cutting Tools Market by Tool Type, 2023-2033, $ mn 133
Table 70. U.K. Cutting Tools Market by Material, 2023-2033, $ mn 133
Table 71. U.K. Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 133
Table 72. France Cutting Tools Market by Tool Type, 2023-2033, $ mn 135
Table 73. France Cutting Tools Market by Material, 2023-2033, $ mn 135
Table 74. France Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 135
Table 75. Spain Cutting Tools Market by Tool Type, 2023-2033, $ mn 137
Table 76. Spain Cutting Tools Market by Material, 2023-2033, $ mn 137
Table 77. Spain Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 137
Table 78. Italy Cutting Tools Market by Tool Type, 2023-2033, $ mn 139
Table 79. Italy Cutting Tools Market by Material, 2023-2033, $ mn 139
Table 80. Italy Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 139
Table 81. Netherlands Cutting Tools Market by Tool Type, 2023-2033, $ mn 141
Table 82. Netherlands Cutting Tools Market by Material, 2023-2033, $ mn 141
Table 83. Netherlands Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 141
Table 84. Cutting Tools Market in Rest of Europe by Country, 2023-2033, $ mn 143
Table 85. APAC Cutting Tools Market by Country, 2023-2033, $ mn 146
Table 86. Japan Cutting Tools Market by Tool Type, 2023-2033, $ mn 150
Table 87. Japan Cutting Tools Market by Material, 2023-2033, $ mn 150
Table 88. Japan Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 150
Table 89. China Cutting Tools Market by Tool Type, 2023-2033, $ mn 152
Table 90. China Cutting Tools Market by Material, 2023-2033, $ mn 152
Table 91. China Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 152
Table 92. Australia Cutting Tools Market by Tool Type, 2023-2033, $ mn 154
Table 93. Australia Cutting Tools Market by Material, 2023-2033, $ mn 154
Table 94. Australia Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 154
Table 95. India Cutting Tools Market by Tool Type, 2023-2033, $ mn 156
Table 96. India Cutting Tools Market by Material, 2023-2033, $ mn 156
Table 97. India Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 156
Table 98. South Korea Cutting Tools Market by Tool Type, 2023-2033, $ mn 158
Table 99. South Korea Cutting Tools Market by Material, 2023-2033, $ mn 158
Table 100. South Korea Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 158
Table 101. Cutting Tools Market in Rest of APAC by Country/Region, 2023-2033, $ mn 160
Table 102. South America Cutting Tools Market by Country, 2023-2033, $ mn 163
Table 103. Argentina Cutting Tools Market by Tool Type, 2023-2033, $ mn 165
Table 104. Argentina Cutting Tools Market by Material, 2023-2033, $ mn 165
Table 105. Argentina Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 165
Table 106. Brazil Cutting Tools Market by Tool Type, 2023-2033, $ mn 167
Table 107. Brazil Cutting Tools Market by Material, 2023-2033, $ mn 167
Table 108. Brazil Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 167
Table 109. Chile Cutting Tools Market by Tool Type, 2023-2033, $ mn 169
Table 110. Chile Cutting Tools Market by Material, 2023-2033, $ mn 169
Table 111. Chile Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 169
Table 112. MEA Cutting Tools Market by Country, 2023-2033, $ mn 173
Table 113. UAE Cutting Tools Market by Tool Type, 2023-2033, $ mn 175
Table 114. UAE Cutting Tools Market by Material, 2023-2033, $ mn 175
Table 115. UAE Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 175
Table 116. Saudi Arabia Cutting Tools Market by Tool Type, 2023-2033, $ mn 177
Table 117. Saudi Arabia Cutting Tools Market by Material, 2023-2033, $ mn 177
Table 118. Saudi Arabia Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 177
Table 119. South Africa Cutting Tools Market by Tool Type, 2023-2033, $ mn 179
Table 120. South Africa Cutting Tools Market by Material, 2023-2033, $ mn 179
Table 121. South Africa Cutting Tools Market by Industry Vertical, 2023-2033, $ mn 179
Table 122. Ceratizit Group: Company Snapshot 185
Table 123. Ceratizit Group: Business Segmentation 186
Table 124. Ceratizit Group: Product Portfolio 186



Figure 1. Research Method Flow Chart 16
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 19
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 21
Figure 4. Global Cutting Tools Market by Value, 2023-2033, $ mn 24
Figure 5. Global Cutting Tools Market by Volume, 2023-2033, million units 25
Figure 6. Impact of COVID-19 on Business 30
Figure 7. Primary Drivers and Impact Factors of Global Cutting Tools Market 36
Figure 8. Primary Restraints and Impact Factors of Global Cutting Tools Market 39
Figure 9. Investment Opportunity Analysis 43
Figure 10. Porter’s Fiver Forces Analysis of Global Cutting Tools Market 46
Figure 11. Breakdown of Global Cutting Tools Market by Tool Type, 2023-2033, % of Revenue 51
Figure 12. Global Addressable Market Cap in 2024-2033 by Tool Type, Value ($ mn) and Share (%) 51
Figure 13. Breakdown of Global Cutting Tools Market by Tool Type, 2023-2033, % of Sales Volume 53
Figure 14. Global Addressable Market Cap in 2024-2033 by Tool Type, Volume (million units) and Share (%) 53
Figure 15. Breakdown of Global Cutting Tools Market by Product, 2023-2033, % of Sales Revenue 57
Figure 16. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 57
Figure 17. Breakdown of Global Cutting Tools Market by Product, 2023-2033, % of Sales Volume 59
Figure 18. Global Addressable Market Cap in 2024-2033 by Product, Volume (million units) and Share (%) 59
Figure 19. Breakdown of Global Cutting Tools Market by Material, 2023-2033, % of Sales Revenue 66
Figure 20. Global Addressable Market Cap in 2024-2033 by Material, Value ($ mn) and Share (%) 66
Figure 21. Breakdown of Global Cutting Tools Market by Material, 2023-2033, % of Sales Volume 68
Figure 22. Global Addressable Market Cap in 2024-2033 by Material, Volume (million units) and Share (%) 68
Figure 23. Breakdown of Global Cutting Tools Market by Chip Breaker, 2023-2033, % of Revenue 75
Figure 24. Global Addressable Market Cap in 2024-2033 by Chip Breaker, Value ($ mn) and Share (%) 75
Figure 25. Breakdown of Global Cutting Tools Market by Chip Breaker, 2023-2033, % of Sales Volume 77
Figure 26. Global Addressable Market Cap in 2024-2033 by Chip Breaker, Volume (million units) and Share (%) 77
Figure 27. Breakdown of Global Cutting Tools Market by Application, 2023-2033, % of Revenue 83
Figure 28. Global Addressable Market Cap in 2024-2033 by Application, Value ($ mn) and Share (%) 83
Figure 29. Breakdown of Global Cutting Tools Market by Application, 2023-2033, % of Sales Volume 85
Figure 30. Global Addressable Market Cap in 2024-2033 by Application, Volume (million units) and Share (%) 85
Figure 31. Breakdown of Global Cutting Tools Market by Industry Vertical, 2023-2033, % of Revenue 91
Figure 32. Global Addressable Market Cap in 2024-2033 by Industry Vertical, Value ($ mn) and Share (%) 91
Figure 33. Breakdown of Global Cutting Tools Market by Industry Vertical, 2023-2033, % of Sales Volume 93
Figure 34. Global Addressable Market Cap in 2024-2033 by Industry Vertical, Volume (million units) and Share (%) 93
Figure 35. Breakdown of Global Cutting Tools Market by Distribution Channel, 2023-2033, % of Revenue 103
Figure 36. Global Addressable Market Cap in 2024-2033 by Distribution Channel, Value ($ mn) and Share (%) 104
Figure 37. Breakdown of Global Cutting Tools Market by Distribution Channel, 2023-2033, % of Sales Volume 105
Figure 38. Global Addressable Market Cap in 2024-2033 by Distribution Channel, Volume (million units) and Share (%) 106
Figure 39. Global Market Snapshot by Region 109
Figure 40. Geographic Spread of Worldwide Cutting Tools Market, 2023-2033, % of Sales Revenue 110
Figure 41. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 111
Figure 42. Geographic Spread of Worldwide Cutting Tools Market, 2023-2033, % of Sales Volume 112
Figure 43. Global Addressable Market Cap in 2024-2033 by Region, Volume (million units) and Share (%) 113
Figure 44. North American Cutting Tools Market, 2023-2033, $ mn 116
Figure 45. Breakdown of North America Cutting Tools Market by Country, 2023 and 2033, % of Revenue 117
Figure 46. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 118
Figure 47. U.S. Cutting Tools Market, 2023-2033, $ mn 120
Figure 48. Canada Cutting Tools Market, 2023-2033, $ mn 122
Figure 49. Cutting Tools Market in Mexico, 2023-2033, $ mn 124
Figure 50. European Cutting Tools Market, 2023-2033, $ mn 127
Figure 51. Breakdown of European Cutting Tools Market by Country, 2023 and 2033, % of Revenue 128
Figure 52. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 129
Figure 53. Cutting Tools Market in Germany, 2023-2033, $ mn 130
Figure 54. Cutting Tools Market in U.K., 2023-2033, $ mn 132
Figure 55. Cutting Tools Market in France, 2023-2033, $ mn 134
Figure 56. Cutting Tools Market in Spain, 2023-2033, $ mn 136
Figure 57. Cutting Tools Market in Italy, 2023-2033, $ mn 138
Figure 58. Cutting Tools Market in Netherlands, 2023-2033, $ mn 140
Figure 59. Cutting Tools Market in Rest of Europe, 2023-2033, $ mn 142
Figure 60. Asia-Pacific Cutting Tools Market, 2023-2033, $ mn 145
Figure 61. Breakdown of APAC Cutting Tools Market by Country, 2023 and 2033, % of Revenue 145
Figure 62. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 147
Figure 63. Cutting Tools Market in Japan, 2023-2033, $ mn 149
Figure 64. Cutting Tools Market in China, 2023-2033, $ mn 151
Figure 65. Cutting Tools Market in Australia, 2023-2033, $ mn 153
Figure 66. Cutting Tools Market in India, 2023-2033, $ mn 155
Figure 67. Cutting Tools Market in South Korea, 2023-2033, $ mn 157
Figure 68. Cutting Tools Market in Rest of APAC, 2023-2033, $ mn 159
Figure 69. South America Cutting Tools Market, 2023-2033, $ mn 162
Figure 70. Breakdown of South America Cutting Tools Market by Country, 2023 and 2033, % of Revenue 162
Figure 71. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 163
Figure 72. Cutting Tools Market in Argentina, 2023-2033, $ mn 164
Figure 73. Cutting Tools Market in Brazil, 2023-2033, $ mn 166
Figure 74. Cutting Tools Market in Chile, 2023-2033, $ mn 168
Figure 75. Cutting Tools Market in Rest of South America, 2023-2033, $ mn 170
Figure 76. Cutting Tools Market in Middle East and Africa (MEA), 2023-2033, $ mn 172
Figure 77. Breakdown of MEA Cutting Tools Market by Country, 2023 and 2033, % of Revenue 172
Figure 78. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 173
Figure 79. Cutting Tools Market in UAE, 2023-2033, $ mn 174
Figure 80. Cutting Tools Market in Saudi Arabia, 2023-2033, $ mn 176
Figure 81. Cutting Tools Market in South Africa, 2023-2033, $ mn 178
Figure 82. Growth Stage of Global Cutting Tools Industry over the Forecast Period 181
Logo

Global Cutting Tools Market Outlook, 2029

Contact usWe are friendly and approachable, give us a call.