China Power Tool Industry Report, 2014-2017

China Power Tool Industry Report, 2014-2017 According to China Power Tool Industry Report, 2014-2017 made by Sino Market Insight, China’s output of power tools will present a CAGR of 7% during 2014-2017, and the figure is expected to be up to 314 million units in 2017. China is a large exporter of power tools, with more than 80% of products for export. In 2013, China exported a total of 201 million units of sundry power tool, up 2.06% year on year; later in the first half year of 2014 the export volume reached 104 million units with a year-on-year rise of 3.5%, of which the export volume of electric drill and scrubbing tool reached 31.22 million units and 23.74 million units separately and swept the largest shares, 30% and 22.8% respectively. Power tools, as a whole, can be divided into industrial grade, professional grade and household grade, among which household power tool has not a high threshold for market access, typically characteristic of decentralized operation. Currently, the top five producer of household power tool in China hold a total market share of less than 10%, and most small-sized firms have gross margin of below 10% each. By contrast, the professional power tool has a far higher gross margin than the household power tool, with the average industrial gross margin remaining between 15% and 25% over the recent years, particularly the gross margin of multinational corporations’ brands high up to 25%-35% on average. China Power Tool Industry Report, 2014-2017 by Sino Market Insight, including five chapters and 65 charts, highlights the followings: Overview of power tool industry (consisting mainly of macro economy and related policies); Analysis on China power tool market (involving the estimation of market size and the analysis of regional output); China power tool import & export market (such as the import & export volume and value of breakdown products); Competition pattern (analysis of influential brands and barriers for industry...