Measuring and cutting tools are essential for a wide range of applications, from construction and carpentry to sewing and crafting. These tools are used to accurately measure and cut materials to the desired size and shape, ensuring that finished products are of high quality and meet the required specifications. The measuring and cutting tools market in China is projected to rise by USD 4.4 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 6.63 percent during the forecast period.
This industry report offers market estimates of the China market, followed by a detailed analysis of the application, and province. The China market data on measuring and cutting tools can be segmented by application: textile, paper, pharmaceuticals, automotive, manufacturing, other. Measuring and cutting tools market is further segmented by province: Heilongjiang province, Jiangsu province, Sichuan province, Zhejiang province, others. The Zhejiang province segment held the largest revenue share in 2022.
The leading players in the measuring and cutting tools market include Harbin Measuring & Cutting Tool Group Co. Ltd., Guilin Measuring & Cutting Tool Co. Ltd., Shanghai Measuring & Cutting Tool Works Co. Ltd., Suzhou Changfeng Measuring and Cutting Tools Co. Ltd., Chengdu Measuring & Cutting Tool Co. Ltd., Changshu Measuring and Cutting Tools Factory.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2022 |
| Forecast Year | 2023-2029 |
| CAGR (2023-2029) | 6.63% |
| Pages | 19 |
| Key Players | Harbin Measuring & Cutting Tool Group Co. Ltd., Guilin Measuring & Cutting Tool Co. Ltd., Shanghai Measuring & Cutting Tool Works Co. Ltd., Suzhou Changfeng Measuring and Cutting Tools Co. Ltd., Chengdu Measuring & Cutting Tool Co. Ltd., Changshu Measuring and Cutting Tools Factory |
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