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Apr 02, 2025

European Union's Pneumatic or Hydraulic Hand Tool Market to Witness Moderate Growth with a CAGR of +1.7% by 2035 - News and Statistics - IndexBox

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IndexBox has just published a new report: EU - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights.

The European Union market for pneumatic and hydraulic hand tools is set to see a rise in demand, leading to an anticipated CAGR of +1.7% in volume and +2.8% in value from 2024 to 2035. By the end of 2035, the market volume is expected to reach 18 million units, with a market value of $2.8 billion in nominal prices.

Driven by rising demand for pneumatic or hydraulic hand tool in the European Union, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.7% for the period from 2024 to 2035, which is projected to bring the market volume to 18M units by the end of 2035.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.8% for the period from 2024 to 2035, which is projected to bring the market value to $2.8B (in nominal wholesale prices) by the end of 2035.

In 2024, consumption of pneumatic or hydraulic hand tools decreased by -10% to 15M units, falling for the second year in a row after three years of growth. Over the period under review, consumption continues to indicate a relatively flat trend pattern. The volume of consumption peaked at 19M units in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

The revenue of the market for pneumatic or hydraulic hand tools in the European Union dropped to $2.1B in 2024, falling by -5% 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, consumption showed a pronounced decline. The level of consumption peaked at $3B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The countries with the highest volumes of consumption in 2024 were Germany (2.7M units), Italy (1.9M units) and France (1.1M units), with a combined 38% share of total consumption. Poland, Ireland, the Netherlands, Romania, Sweden, the Czech Republic and Belgium lagged somewhat behind, together accounting for a further 40%.

From 2013 to 2024, the biggest increases were recorded for Ireland (with a CAGR of +18.6%), while consumption for the other leaders experienced more modest paces of growth.

In value terms, Germany ($648M) led the market, alone. The second position in the ranking was held by France ($160M). It was followed by Ireland.

From 2013 to 2024, the average annual rate of growth in terms of value in Germany amounted to -3.0%. The remaining consuming countries recorded the following average annual rates of market growth: France (-7.0% per year) and Ireland (+16.6% per year).

In 2024, the highest levels of pneumatic or hydraulic hand tool per capita consumption was registered in Ireland (185 units per 1000 persons), followed by Sweden (77 units per 1000 persons), the Czech Republic (75 units per 1000 persons) and Belgium (66 units per 1000 persons), while the world average per capita consumption of pneumatic or hydraulic hand tool was estimated at 34 units per 1000 persons.

In Ireland, pneumatic or hydraulic hand tool per capita consumption increased at an average annual rate of +17.6% over the period from 2013-2024. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Sweden (+1.8% per year) and the Czech Republic (+8.4% per year).

In 2024, the amount of pneumatic or hydraulic hand tools produced in the European Union declined dramatically to 8.1M units, waning by -26.6% on 2023 figures. Over the period under review, production continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the production volume increased by 25%. Over the period under review, production hit record highs at 15M units in 2013; however, from 2014 to 2024, production stood at a somewhat lower figure.

In value terms, pneumatic or hydraulic hand tool production skyrocketed to $2B in 2024 estimated in export price. In general, production saw a perceptible shrinkage. The level of production peaked at $3.2B in 2013; however, from 2014 to 2024, production remained at a lower figure.

Germany (3.1M units) remains the largest pneumatic or hydraulic hand tool producing country in the European Union, accounting for 39% of total volume. Moreover, pneumatic or hydraulic hand tool production in Germany exceeded the figures recorded by the second-largest producer, Italy (1.4M units), twofold. The third position in this ranking was taken by Sweden (1.3M units), with a 16% share.

From 2013 to 2024, the average annual rate of growth in terms of volume in Germany totaled -6.7%. The remaining producing countries recorded the following average annual rates of production growth: Italy (-6.1% per year) and Sweden (-1.1% per year).

In 2024, supplies from abroad of pneumatic or hydraulic hand tools was finally on the rise to reach 14M units for the first time since 2021, thus ending a two-year declining trend. Total imports indicated noticeable growth from 2013 to 2024: its volume increased at an average annual rate of +2.3% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports decreased by -24.5% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. As a result, imports reached the peak of 18M units. From 2022 to 2024, the growth of imports failed to regain momentum.

In value terms, pneumatic or hydraulic hand tool imports dropped to $1.6B in 2024. In general, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports reached the peak of $2.3B. From 2022 to 2024, the growth of imports failed to regain momentum.

Germany (1.7M units), Poland (1.4M units), France (1.3M units), Spain (1.2M units), the Netherlands (1.1M units), Belgium (1.1M units), Italy (1M units), Ireland (1M units) and Romania (0.9M units) represented roughly 78% of total imports in 2024. The Czech Republic (473K units) took a relatively small share of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ireland (with a CAGR of +25.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($254M), France ($237M) and Belgium ($144M) constituted the countries with the highest levels of imports in 2024, together comprising 39% of total imports. Spain, Italy, Poland, the Netherlands, the Czech Republic, Romania and Ireland lagged somewhat behind, together accounting for a further 40%.

In terms of the main importing countries, Ireland, with a CAGR of +8.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Handtools, hydraulic or with a self-contained non-electric motor was the major imported product with an import of around 6.1M units, which accounted for 45% of total imports. It was distantly followed by chainsaws with a self-contained non-electric motor (3.4M units), tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (2.2M units) and tools; for working in the hand, pneumatic, other than rotary type (2.1M units), together committing a 55% share of total imports.

From 2013 to 2024, the most notable rate of growth in terms of purchases, amongst the leading imported products, was attained by handtools, hydraulic or with a self-contained non-electric motor (with a CAGR of +4.6%), while imports for the other products experienced more modest paces of growth.

In value terms, handtools, hydraulic or with a self-contained non-electric motor ($719M), chainsaws with a self-contained non-electric motor ($415M) and tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($304M) constituted the products with the highest levels of imports in 2024, together accounting for 88% of total imports.

Handtools, hydraulic or with a self-contained non-electric motor, with a CAGR of -0.3%, saw the highest growth rate of the value of imports, among the main imported products over the period under review, while purchases for the other products experienced a decline in the imports figures.

In 2024, the import price in the European Union amounted to $119 per unit, which is down by -14.6% against the previous year. Over the period under review, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2023 when the import price increased by 12%. Over the period under review, import prices hit record highs at $189 per unit in 2014; however, from 2015 to 2024, import prices failed to regain momentum.

Average prices varied somewhat amongst the major imported products. In 2024, major imported products recorded the following prices: in tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($140 per unit) and chainsaws with a self-contained non-electric motor ($124 per unit), while the price for tools; for working in the hand, pneumatic, other than rotary type ($93 per unit) and handtools, hydraulic or with a self-contained non-electric motor ($117 per unit) were amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by non-electric chainsaw (-2.2%), while the other products experienced a decline in the import price figures.

The import price in the European Union stood at $119 per unit in 2024, with a decrease of -14.6% against the previous year. Over the period under review, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2023 an increase of 12%. Over the period under review, import prices hit record highs at $189 per unit in 2014; however, from 2015 to 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2024, amid the top importers, the country with the highest price was France ($181 per unit), while Ireland ($38 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by France (-0.7%), while the other leaders experienced a decline in the import price figures.

In 2024, shipments abroad of pneumatic or hydraulic hand tools decreased by -11.9% to 6.6M units, falling for the third consecutive year after two years of growth. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 19%. Over the period under review, the exports hit record highs at 10M units in 2013; however, from 2014 to 2024, the exports remained at a lower figure.

In value terms, pneumatic or hydraulic hand tool exports contracted to $1.8B in 2024. Overall, exports saw a mild setback. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, the exports attained the peak of $2.2B. From 2022 to 2024, the growth of the exports failed to regain momentum.

In 2024, Germany (2.2M units) represented the major exporter of pneumatic or hydraulic hand tools, generating 33% of total exports. Sweden (828K units) ranks second in terms of the total exports with a 12% share, followed by the Netherlands (9.1%), Spain (6.7%), Poland (6.4%), Belgium (6.4%) and Italy (6.1%).

From 2013 to 2024, average annual rates of growth with regard to pneumatic or hydraulic hand tool exports from Germany stood at -5.5%. At the same time, Poland (+19.5%) and Spain (+5.4%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +19.5% from 2013-2024. By contrast, the Netherlands (-1.5%), Sweden (-4.2%), Italy (-4.3%) and Belgium (-7.6%) illustrated a downward trend over the same period. From 2013 to 2024, the share of Poland, Spain and the Netherlands increased by +5.8, +4.2 and +2.1 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($748M) remains the largest pneumatic or hydraulic hand tool supplier in the European Union, comprising 42% of total exports. The second position in the ranking was held by Sweden ($283M), with a 16% share of total exports. It was followed by the Netherlands, with a 7.3% share.

In Germany, pneumatic or hydraulic hand tool exports remained relatively stable over the period from 2013-2024. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (-1.7% per year) and the Netherlands (-0.1% per year).

Handtools, hydraulic or with a self-contained non-electric motor (2.4M units) and chainsaws with a self-contained non-electric motor (2.3M units) were the largest types of pneumatic or hydraulic hand tools in 2024, amounting to approx. 37% and 34% of total exports, respectively. Tools; for working in the hand, pneumatic, other than rotary type (1,038K units) ranks next in terms of the total exports with a 16% share, followed by tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (13%).

From 2013 to 2024, the most notable rate of growth in terms of shipments, amongst the main exported products, was attained by chainsaws with a self-contained non-electric motor (with a CAGR of -0.6%), while the other products experienced a decline in the exports figures.

In value terms, the largest types of exported pneumatic or hydraulic hand tools were handtools, hydraulic or with a self-contained non-electric motor ($723M), chainsaws with a self-contained non-electric motor ($567M) and tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($285M), with a combined 89% share of total exports.

Chainsaws with a self-contained non-electric motor, with a CAGR of -1.0%, saw the highest growth rate of the value of exports, in terms of the main exported products over the period under review, while shipments for the other products experienced a decline in the exports figures.

The export price in the European Union stood at $266 per unit in 2024, standing approx. at the previous year. Over the period from 2013 to 2024, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2017 when the export price increased by 14%. The level of export peaked at $268 per unit in 2023, and then shrank in the following year.

There were significant differences in the average prices amongst the major exported products. In 2024, the product with the highest price was tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) ($331 per unit), while the average price for exports of tools; for working in the hand, pneumatic, other than rotary type ($182 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) (+4.7%), while the other products experienced mixed trends in the export price figures.

The export price in the European Union stood at $266 per unit in 2024, leveling off at the previous year. Over the last eleven years, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the export price increased by 14% against the previous year. The level of export peaked at $268 per unit in 2023, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($343 per unit), while Spain ($123 per unit) was amongst the lowest.

From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool in the EU. 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.

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:

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.

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