Power Tool Market Expected to Surpass USD 64.5 Billion by 2033, with a CAGR of 6%
The global power tool market is on track for substantial growth, with projections estimating a market size of USD 36.04 billion in 2023, soaring to USD 64.5 billion by 2033. This growth trajectory is fueled by a strong Compound Annual Growth Rate (CAGR) of 6% over the forecast period from 2023 to 2033. Several key factors are driving this momentum, including...
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