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MENA Power Tools Market Set for Steady Growth Through 2035

by Harry

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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