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Global Hacksaw Blades Market to Reach $1.4 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Hacksaw Blades estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Wavy, one of the segments analyzed in the report, is projected to record a 4% CAGR and reach US$584.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Regular segment is readjusted to a revised 3.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $295.2 Million, While China is Forecast to Grow at 6.4% CAGR
The Hacksaw Blades market in the U.S. is estimated at US$295.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$271.5 Million by the year 2027 trailing a CAGR of 6.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$178.3 Million by the year 2027.



Raker Segment to Record 4.1% CAGR
In the global Raker segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$218.5 Million in the year 2020 will reach a projected size of US$285.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.5% CAGR through the analysis period.