The UK power tools market is projected to grow at 11.6% CAGR from 2026 to 2033, driven by cordless technology adoption and construction sector recovery.
The UK power tools market generated revenue of approximately £680 million in 2025 and is projected to reach £1.6 billion by 2033, growing at a compound annual growth rate (CAGR) of 11.6% from 2026 to 2033, according to new market research data.
The shift from corded to cordless tools remains the dominant trend driving market growth. Advances in lithium-ion battery technology, particularly higher-capacity cells and faster charging systems, are enabling cordless tools to match or exceed the performance of their corded counterparts in virtually every category.
Major manufacturers including Milwaukee, DeWalt, and Makita have all expanded their cordless platforms in 2026, with Milwaukee's MX FUEL and DeWalt's PowerShift representing the latest push into heavy-duty applications previously dominated by petrol-powered equipment.
Despite the positive outlook, the UK tool manufacturing sector faces headwinds. The domestic market size stands at £1.3 billion in 2026 but is expected to decline over five years, as imported tools from low-cost regions — particularly China — continue to pose fierce competition to domestic producers.
Import and export tariffs remain a significant factor, with imports and exports accounting for a high share of industry revenue. The trade environment adds uncertainty for both manufacturers and distributors.
Growing construction activity, supported by government initiatives and infrastructure investment, is providing a tailwind for tool sales. The professional trade segment continues to drive premium tool purchases, while the DIY segment benefits from ongoing home improvement trends.
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