Construction and Automotive Surge Propel BENELUX Power Tool Market to Projected USD 1,944.8 Million by 2034 with 5.2% CAGR | Future Market Insights, Inc. [Yahoo! Finance]
Stanley Black & Decker, Inc. (SWK)
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Source: Yahoo! Finance
Industrial sector growth further fuels this trend, enhancing the effectiveness of handheld devices. NEWARK, Del, Nov. 21, 2024 (GLOBE NEWSWIRE) -- According to a Future Market Insights (FMI), the power tool industry in the BENELUX region, comprising Belgium, the Netherlands, and Luxembourg, is poised for significant growth over the next decade. According to recent market analyses, the sector is projected to expand at a steady compound annual growth rate (CAGR) of from 2024 to 2034 . The market size is expected to increase from USD 1,176.5 Million in 2024 to approximately USD 1,944.8 Million by 2034. Bright Prospects: Growth of Power Tools Adoption in Belgium, the Netherlands, and Luxembourg The BENELUX power tool market is benefiting from several key trends and drivers that are expected to fuel its growth. One of the primary factors is the increasing demand for industrial tools , particularly in the construction sector. As infrastructure projects ramp up across these countries,
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News
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SWK
Earnings
- 10/29/24 - Beat
SWK
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- SWK's page on the SEC website