Tools play a pivotal role in our industry. Each year brings with it an abundance of technological advancements; from larger batteries to more powerful drill motors and better cutting tools, to name but a few. With so many big players competing for a cut of the market share, the competition is fierce, which is good news for retailers and consumers alike.
A recent report by AMA research analysed the UK market for portable power and hand tools, for use in building, home improvement and garden applications. According to the report, higher levels of non-domestic construction, house-building and RMI work (repair, maintenance & improvement), along with product innovations all supported value growth in 2013 and 2014. These trends continued in 2015 and 2016 when the market saw growth of 3-4% per annum. The improving UK economy, higher levels of construction & RMI activity and increasing consumer confidence & spending assisted market growth.
Tool distribution comprises of a mix of large national players competing with many regional and local companies, in both trade and consumer channels. Buying behaviour, influenced by
digital technology, has seen a change in the way companies deliver their proposition. Operating a transactional website has become increasingly important, and this has meant an increase in multi-channel and omni-channel retailing, with the Internet emerging as a key channel.
Prospects for the overall market are generally positive, with moderate growth expected in the domestic sector and also across some non-domestic construction sectors. Steady demand in the garden tool sector is also expected to underpin the market. It is estimated that the tools distribution market will continue to grow by around 3% per annum to 2021.
Draper Tools launches new generation of Storm Force 20V cordless power tools
Draper Tools has launched Storm Force 20v, a brandnew power tool range, featuring a convenient, multi-tool battery system. The interchangeable battery system powers every tool in the range.
This latest generation of Draper Storm Force cordless tools offers 20 volts of power and 2.0Ah or 4.0Ah Lithium Ion batteries at a competitive price that’s sure to appeal to your
The new Storm Force 20v series will appeal to a wide range of customers, it’s ideal for a wide variety of jobs or repairs and well-suited for the serious enthusiasts.
The smart new Storm Force 20v packaging stands out on shelf and clearly communicates the range’s benefits, with handy icons highlighting key features and details of the battery and charger options.
Based around the core 20V combi drill kit with 2 batteries and a one-hour charger, there are some great value packages and deals to take advantage of. These include the Twin Pack Kit (deal no: 40429), featuring the 20v Combi Drill, plus a 20v SDS+ Rotary Hammer Drill.
For more information, stockist details and trade enquiries visit: www.drapertools.com.