Friday, March 6, 2020

Growth in Construction Industry Expected to Drive Global Chalk Reel and Line Chalk Market: Ken Research

A chalk line reel is a simple hand device, consists of a box with a reel of thread inside it. The box is filled with chalk powder & thread which gets coated with chalk powder. The string or thread is reeled out and used to mark straight lines on surfaces that is temporary to almost permanent. On the end of the thread is a metal hook which can be attached to an object. The product is useful to impart a straight line to provide perfect guiding lines for cutting, leveling, and many other tasks. Some steps are used to use chalk line such as pull out string line, attach hook, extend string line, hold string line in place, pinch string half way, lift string line and release string line. Several models of chalk lines are available in different type and sized. It comes in compact and standard type based on reel size and powder holding capacity. It is widely used in carpentry & construction industry.

According to study, “Global Chalk Reel and Line Chalk Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global chalk reel and line chalk market are Tajima Industries Ltd., SNA Europe, Kapro Industries Ltd., Apex Tool Group LLC., OX Group International, Milwaukee Tool, Trantex, Keson, Stanley Black & Decker Inc., Dewalt. The key players are boosting investment in research & development (R&D) for new product launch and to widen their product portfolio to meet the emergent demand across the globe.

Based on product type, chalk reel and line chalk market is segmented into braided and twisted. Braided chalk reel uses less chalk and puts down less chalk with less ghosting. Whereas, the twisted chalk reel is economical and stronger than braided. It picks up more chalk and puts down more chalk. Based on material, market is segmented into cotton and synthetic (poly). Cotton material chalk reel picks up and puts down more chalk as well as mildew & weaken in damp environment while synthetic chalk reel picks up and puts down less chalk as well as stranger, last longer, more durable. Based on distribution channel, market is segmented into retail shops and e-Commerce. Retail shops are further sub-segmented into hypermarket or supermarket, convenience stores and independent shops. Based on chalk color, market is segmented into red, white, orange, lime, blue, yellow, and others. In addition, based on application, market is segmented into home, schools and others.

The chalk reel and line chalk market is driven by growth in construction industry, followed by rapid rate of urbanization, change in lifestyle, rise in disposable income, and growth in economies. However, growth in number of local players may impact the market. Moreover, increase in use of advanced devices in the construction projects is a key trend for market.

Based on geography, the North-American region holds major share in chalk reel and line chalk market owing to increase in construction industry in the region. Whereas, the Asian-Pacific and European regions are estimated to exhibit considerable growth rate due to growth in population. In upcoming years, it is estimated that the market will be reached at quick pace on account of rise in focus on infrastructure during the forecast period.

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