Rising Demand Drives China’s Power Tools Market to 286M Units by 2035

The power tools market in China is projected to experience steady growth over the coming years, with a compound annual growth rate (CAGR) of 4.2%. By 2035, the market volume is expected to reach 286 million units, while the market value is forecasted to climb to $11.9 billion in nominal wholesale prices.

This growth is driven by rising demand for power tools across the country. The market is set to maintain an upward trend in consumption through 2035, supported by expanding industrial activities and increasing DIY popularity.

Both market volume and value are anticipated to grow at the same CAGR of 4.2% from 2024 to 2035, highlighting consistent expansion in China’s power tools sector.

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