United Kingdom Power Tools Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

United Kingdom Power Tools Market is Segmented By Product Type (Tool Type (Drilling and Fastening Tools (Drills, Wrenches, etc.), Sawing And Cutting T....

United Kingdom Power Tools Market Size

Market Size in USD

CAGR11.7%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR11.7%
Market ConcentrationMedium
Major PlayersRalli Wolf, Jiangsu Dongcheng Power Tools Co., Ltd., Ingersoll Rand India, Fixtec, Kseibi Tools
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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United Kingdom Power Tools Market Analysis

The United Kingdom Power Tools Market is estimated to be valued at USD 1.77 Bn in 2024 and is expected to reach USD 3.84 Bn by 2031, growing at a CAGR of 11.7% from 2024 to 2031.

The market has been witnessing a positive trend driven by increasing investments in the construction industry across both residential and commercial sectors in the country.