After two years of growth, the Central Asian interchangeable tool market decreased by -14.3% to $219M in 2024. Overall, consumption, however, saw a tangible increase. Over the period under review, the market attained the peak level at $255M in 2023, and then fell in the following year.

In 2024, the Singaporean power tool market was finally on the rise to reach $62M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption saw notable growth. Power tool consumption peaked at $175M in 2016; however, from 2017 to 2024, consumption remained at a lower figure.

The Benelux power tool market was finally on the rise to reach $879M in 2024, after two years of decline. Overall, consumption saw strong growth. As a result, consumption reached the peak level of $1.2B. From 2022 to 2024, the growth of the market remained at a lower figure.

In 2024, the global interchangeable tool market decreased by -1.1% to $120,175.8B, falling for the third year in a row after two years of growth. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 3.5%. Over the period under review, the global market reached the maximum level at $124,909.4B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

The Ukrainian interchangeable tool market rose slightly to $76M in 2024, surging by 4.8% against the previous year. Overall, consumption, however, continues to indicate a pronounced curtailment. Interchangeable tool consumption peaked at $109M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

In 2024, the Southeast Asian interchangeable tool market increased by 13% to $3.2B for the first time since 2018, thus ending a five-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $4B. From 2019 to 2024, the growth of the market remained at a somewhat lower figure.

In 2024, the South Korean interchangeable tool market decreased by -5% to $692M, falling for the second year in a row after two years of growth. Overall, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the market value increased by 8%. Interchangeable tool consumption peaked at $799M in 2015; however, from 2016 to 2024, consumption stood at a somewhat lower figure.

The Indian interchangeable tool market rose sharply to $1.1B in 2024, increasing by 15% against the previous year. The market value increased at an average annual rate of +3.8% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Interchangeable tool consumption peaked in 2024 and is likely to see gradual growth in the near future.

The African hand tools market shrank modestly to $1.1B in 2024, waning by -4.3% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $1.4B. From 2015 to 2024, the growth of the market failed to regain momentum.

After four years of growth, the Kazakh power tool market decreased by -15.9% to $185M in 2024. Overall, the total consumption indicated a noticeable increase from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $307M. From 2018 to 2024, the growth of the market failed to regain momentum.

In 2024, the Austrian interchangeable tool market was finally on the rise to reach $275M for the first time since 2020, thus ending a three-year declining trend. Overall, consumption, however, showed a pronounced curtailment. As a result, consumption attained the peak level of $1.8B. From 2018 to 2024, the growth of the market remained at a lower figure.

After three years of growth, the Ethiopian interchangeable tool market decreased by -1.2% to $4.4M in 2024. Over the period under review, consumption showed a deep slump. Interchangeable tool consumption peaked at $17M in 2014; however, from 2015 to 2024, consumption remained at a lower figure.

The Hungarian wood tool market amounted to $4.1M in 2024, stabilizing at the previous year. Over the period under review, consumption enjoyed pronounced growth. As a result, consumption reached the peak level of $6.3M. From 2023 to 2024, the growth of the market remained at a lower figure.

The Asia-Pacific wood tool market reduced to $2.7B in 2024, waning by -5.1% against the previous year. Overall, consumption, however, continues to indicate buoyant growth. The level of consumption peaked at $3.2B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

In 2024, the Costa Rican interchangeable tool market increased by 0.3% to $16M, rising for the fourth consecutive year after two years of decline. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

The Paraguayan power tool market reached $7.5M in 2024, with an increase of 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a slight expansion from 2012 to 2024: its value increased at an average annual rate of +1.0% over the last twelve-year period.

After two years of decline, the global hand tools market increased by 1.5% to $38B in 2024. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the global market attained the peak level at $40.5B in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

In 2024, the Qatari interchangeable tool market decreased by -34.8% to $22M for the first time since 2021, thus ending a two-year rising trend. Over the period under review, consumption, however, showed a mild shrinkage. Interchangeable tool consumption peaked at $34M in 2023, and then dropped markedly in the following year.

After two years of growth, the Iranian hand tools market decreased by -1.1% to $38M in 2024. In general, consumption showed a deep reduction. As a result, consumption attained the peak level of $134M. From 2015 to 2024, the growth of the market remained at a lower figure.

For the fourth consecutive year, the Algerian interchangeable tool market recorded growth in sales value, which increased by 0.3% to $46M in 2024. Over the period under review, consumption continues to indicate a noticeable curtailment. As a result, consumption reached the peak level of $101M. From 2017 to 2024, the growth of the market failed to regain momentum.