Web scraping tools, similarly called web data extraction tools or web harvesting tools, are used to pull large amounts of data from a website and save it to a local file or a database. The software uses bots to extract the underlying HTML code, and hence the data stored on the website and duplicates the whole content to a new location. Precisely, web scraping is the practice of applying bots to mine data from the internet. Digital businesses are heavily relying on web scraping tools to develop a competitive acumen through monitoring competitors; the software does this by employing bots to auto-fetch product descriptions and pricing mechanisms from the competitors website. Businesses also use these tools to conduct market research and obtain customer feedback from reviews; the tools achieve this by deploying scrapers to extract data from the clients forums and social media. Using Web scraping tools is an efficient and fast way to obtain data from web pages, mainly because it eliminates the need for tedious typing and copy-pasting and grants access to accurate data that is not easily obtainable through human effort. Finance, marketing, and e-commerce are among the fields which intensively use web scraping tools.