Tools & Machines - GCC | Statista Market Forecast

In the year 2025, the Tools & Machines market in the GCC region is projected to generate a revenue of US$2.53bn.
This market segment is expected to experience an annual growth rate of 3.01% (CAGR 2025-2029).
When compared globally, it is noteworthy that China leads in revenue generation with a staggering amount of US$79.97bn in 2025.
Considering the population figures, it is interesting to observe that in 2025, the per person revenue in the GCC region amounts to US$41.43.
This indicates the market's significance in relation to the total population.
In the GCC, the tools and machines market is thriving due to the region's rapid infrastructure development and increasing demand for construction and manufacturing equipment.

Definition:

In the segment Tools & Machines, the focus lies on the different types of tools that can be used for DIY & Hardware. This includes the most common types of tools such as hand tools and power tools as well as measuring and marking tools. Also, tools accessories such as replaceable parts of tools are covered by this segment.

Additional Information:

The market consists of revenue and average revenue per capita data. Per capita figures take into account the whole population. This market includes only B2C (business to consumer) sales. B2B (business to business) sales (e. g., hardware for coffee shops, offices, etc.) are excluded. For more information on the displayed data, click the info button on the right hand side of each box.

Hand tools
Power tools
Measuring & marking tools
Tool accessories

Tool storage & work surfaces
Power & electrical supplies (power inlets, solar energy kits, extension cords, etc.)
Professional construction machinery and masonry tools (cement mixer, power trowels)
Industrial gases & accessories
Vacuum cleaners
Car accessories
Workwear & protective clothing

Tools & Machines: market data & analysis

The Tools & Machines Market in the GCC region has seen negligible growth, due to various factors such as low consumer confidence, economic uncertainty, and a decline in DIY and home improvement projects. Despite the convenience of online services, the market has been impacted by a decrease in overall spending and cautious consumer behavior.

Customer preferences: Consumers are increasingly looking for eco-friendly and sustainable tools and machines in the GCC market. This trend is rooted in the rising awareness of environmental issues and the desire to reduce carbon footprint. As a result, there has been a noticeable increase in the demand for energy-efficient power tools and electric gardening equipment. Additionally, with the growing popularity of DIY projects, consumers are also showing a preference for lightweight, ergonomic, and versatile tools that offer ease of use and portability.

Trends in the market: In the GCC countries, there is a noticeable shift towards digitization in the DIY & Hardware Store Market. With the rise of e-commerce, consumers are increasingly turning to online platforms to purchase tools and machines, driven by convenience and competitive pricing. This trend is also being reinforced by the increasing use of digital marketing strategies by businesses to target and engage with customers. Moreover, there has been a significant growth in the use of smart tools and machines that offer advanced features and connectivity, catering to the tech-savvy younger generation. As a result, industry stakeholders are now focusing on incorporating digital solutions and services to enhance customer experience and stay ahead in the competitive market.

Local special circumstances: In GCC, the Tools & Machines Market within the DIY & Hardware Store Market is heavily influenced by the unique regulatory circumstances in the region. This includes strict building codes and safety standards that require specific types of tools and equipment. Additionally, cultural preferences and traditional building methods also play a role in shaping the market, with a high demand for traditional hand tools and artisanal materials. Furthermore, the extreme weather conditions in the region also drive the market, with a focus on durable and weather-resistant tools and equipment.

Underlying macroeconomic factors: The Tools & Machines Market within the DIY & Hardware Store Market is heavily influenced by macroeconomic factors such as global economic trends, government fiscal policies, and national economic health. Countries with stable and growing economies, positive regulatory policies, and strong investments in infrastructure and construction are experiencing a higher demand for tools and machinery in their DIY and hardware store markets. Additionally, the increasing trend towards DIY projects and home improvements, particularly among the growing millennial population, is also contributing to the growth of this market.

Data coverage:

Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

For those who want to start a do-it-yourself project to improve their home or give it a new style, the Home Depot might be considered a shopping paradise. Whether consumers prefer to buy in-store or online, the Home Depot offers a wide range of products such as appliances, building materials, hardware, indoor garden furniture, paint, kitchen, and bath decorating items, among other important products for home improvement projects. With stores across North America, the company is the leading DIY and home improvement chain in the United States and Canada. By the end of the fiscal year 2023, Home Depot had generated over 152 billion U.S. dollars in revenue, and its revenue in the previous year placed it as the home improvement leader worldwide.

Tools & Machines - GCC

Revenue

Sales Channels

Global Comparison

Analyst Opinion

Methodology

Consumer

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