United Kingdom Power Tools Market is Segmented By Product Type (Tool Type (Drilling and Fastening Tools (Drills, Wrenches, etc.), Sawing And Cutting Tools (Reciprocating Saws, Band Saws, etc.), Routing Tools (Routers/Planers)), Others (Sanders, Hammers, etc.), Accessories & Consumable, By Mode of Operation (Fixed/Corded, Cordless), By Distribution Channel (Online Sales, Offline Sales), By End User (Industrial, Commercial, Residential). The report offers the value (in USD billion) for the above-mentioned segments.
Market Size in USD
CAGR11.7%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 11.7% |
Market Concentration | Medium |
Major Players | Ralli Wolf, Jiangsu Dongcheng Power Tools Co., Ltd., Ingersoll Rand India, Fixtec, Kseibi Tools |
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.