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World - Power Tools - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Power Tools - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Dec 25, 2023

Best Import Markets for Power Tools

Power tools have become an essential part of the modern world, enabling individuals and businesses to perform a variety of tasks more efficiently and effectively. From construction sites to do-it-yourself projects, power tools are in high demand. As a result, the global import market for power tools has been growing steadily over the years.

IndexBox, a leading market intelligence platform, provides valuable data and insights on the world's import markets for power tools. In this article, we will explore the top import markets for power tools based on their import value in 2022.

1. United States - $6.4 Billion USD

The United States is the largest import market for power tools, with an import value of $6.4 billion USD in 2022. This is not surprising considering the size of the country's construction industry, as well as the high demand for power tools among DIY enthusiasts. The United States is home to many major power tool manufacturers and suppliers, making it a hub for power tool imports.

2. Germany - $2.5 Billion USD

Germany ranks second in the world as an import market for power tools, with an import value of $2.5 billion USD in 2022. Germany has a strong manufacturing sector and is known for its engineering excellence, which contributes to the demand for high-quality power tools. The country has a well-established distribution network, making it an attractive market for power tool exporters.

3. France - $1.3 Billion USD

France is another significant market for power tool imports, with an import value of $1.3 billion USD in 2022. The country's construction industry, coupled with a growing DIY culture, has contributed to the demand for power tools. French consumers value durability and performance, making it important for power tool manufacturers to target this market.

4. Netherlands - $1.1 Billion USD

The Netherlands is a prominent market for power tool imports, with an import value of $1.1 billion USD in 2022. The country's thriving construction and manufacturing sectors, along with a high level of technological advancement, drive the demand for power tools. The Netherlands also serves as a major trading hub for power tool distribution to other European countries.

5. Canada - $943.4 Million USD

Canada is a significant market for power tool imports, with an import value of $943.4 million USD in 2022. The country's robust construction industry, as well as a growing focus on DIY projects, contribute to the demand for power tools. Canada's proximity to the United States also makes it an attractive market for power tool exporters.

6. United Kingdom - $859.7 Million USD

The United Kingdom is a major market for power tool imports, with an import value of $859.7 million USD in 2022. The country's construction sector, infrastructure projects, and strong DIY culture drive the demand for power tools. The United Kingdom is known for its stringent quality standards, making it essential for power tool manufacturers to meet these requirements.

7. Belgium - $849.5 Million USD

Belgium is an important market for power tool imports, with an import value of $849.5 million USD in 2022. The country's construction industry, coupled with a high level of industrialization, contributes to the demand for power tools. Belgium serves as a gateway to other European countries, making it an attractive market for power tool exporters.

8. Russia - $704.7 Million USD

Russia is a significant market for power tool imports, with an import value of $704.7 million USD in 2022. The country's recovering construction industry and growing DIY activities drive the demand for power tools. Power tool manufacturers and suppliers can capitalize on this market by offering reliable and cost-effective products.

9. Poland - $670.1 Million USD

Poland is an emerging market for power tool imports, with an import value of $670.1 million USD in 2022. The country's construction industry and increasing investments in infrastructure projects contribute to the demand for power tools. Poland's proximity to other European countries makes it an advantageous location for power tool exporters.

10. Australia - $663.5 Million USD

Australia is a noteworthy market for power tool imports, with an import value of $663.5 million USD in 2022. The country's robust construction and mining industries, as well as a growing DIY trend, drive the demand for power tools. Power tool manufacturers need to cater to the specific requirements and safety standards prevalent in the Australian market.

These are the top import markets for power tools based on their import value in 2022. The data provided by IndexBox highlights the global demand for power tools and sheds light on potential opportunities for power tool manufacturers and exporters.

IndexBox's market intelligence platform provides reliable and up-to-date information on various industries, including the power tool market. By utilizing the data and insights offered by IndexBox, businesses can make informed decisions and develop effective strategies to tap into these lucrative import markets. Whether it's understanding market trends, analyzing competitors, or identifying new business opportunities, IndexBox is a valuable resource for industry professionals.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global power tool market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28241113 - Electromechanical hand drills operated without an external source of power
  • Prodcom 28241115 - Electropneumatic drills of all kinds for working in the hand
  • Prodcom 28241117 - Electromechanical hand drills of all kinds (excluding those operated without an external source of power, e lectropneumatic)
  • Prodcom 28241120 - Electromechanical hand tools operated without an external source of power (excluding drills, saws )
  • Prodcom 28241123 - Electromechanical chainsaws
  • Prodcom 28241125 - Electromechanical circular saws
  • Prodcom 28241127 - Electromechanical handsaws (excluding chainsaws, circular saws)
  • Prodcom 28241133 -
  • Prodcom 28241135 -
  • Prodcom 28241150 - Grinders, sanders and planers, for working in the hand, with self-contained electric motor, operating with an external source of power
  • Prodcom 28241180 - Electromechanical hedge trimmers and lawn edge cutters
  • Prodcom 28241185 - Electromechanical hand tools, with self-contained electric motor operating with an external source of power (excluding saws, drills, grinders, sanders, planers, hedge trimmers and lawn edge cutters)
  • Prodcom 28241190 -

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Chervon, Bosch, Husqvarna, Mitsubishi, Milwaukee Electric Tool Co., RYOBI, Empire Level, Hoover, Dirt Devil, Oreck, Stiletto Tools, Hart Tools, Homelife, VAX, AEG, Yukiwa International Inc., Kku Inc., Transcontainer Ltd., Kiso Power Tool Mfg. Co., Yamabiko Corporation, Makita, Apex Tool Group, Koki Holdings, Stihl, Techtronic, Stanley Black & Decker, 3M, Panasonic, PENTA Electrical Safety Products LLC, Emerson, Fein, Atlas Copco, Apex Tool Group, Altendorf GmbH, Andreas Stihl AG & Company KG, Chang Type Industrial Co., Gray Tools, Griffon Corporation, King Dick Tools, Hilti, Ideal Industries, Lee Valley Tools, Mafell, OLFA, Positec, Sandvik, TTI, Werner Co., Sortimo, TTS Tooltechnic Systems

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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