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The power tools market in the Middle East and North Africa (MENA) region is expected to grow steadily over the next decade, despite a slight slowdown in its pace.
Forecasts predict that both market volume and value will increase significantly by 2035.
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Market volume is projected to expand at a compound annual growth rate (CAGR) of 1.1% between 2024 and 2035, reaching 34 million units by the end of the period.
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Meanwhile, market value is expected to grow at a slightly higher CAGR of 1.3%, reaching $1.4 billion in nominal wholesale prices by 2035.
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This growth is driven by rising demand for power tools across the MENA region, reflecting ongoing development and increased industrial and consumer needs.
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