Base Year
Historical Year
Forecast Year
The global woodworking machinery market reached a value of about USD 5.01 billion in 2023. The industry is further expected to grow at a CAGR of about 3.9% in the forecast period of 2024-2032 to reach a value of around USD 7.04 billion by 2032.
North America is expected to be one of the dominant regions of the global woodworking machines industry, owing to the increasing automation of manufacturing units in this region. The growth can also be attributed to the growing utilisation of timber in the construction industry and the adoption of cross-laminated timbers (CLTs) to manufacture houses and commercial buildings across the United States and Canada.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The Asia Pacific region, driven by China and India, is expected to be a lucrative revenue-generating market, given the region's growing building projects and increased usage of advanced machines. The growth is also attributed to the increasing population rate, consumer needs and consumption of forest products by end-users. In addition, Latin America and Europe are projected to witness significant growth during the forecast period. On the other hand, the Middle East and Africa are expected to witness moderate growth during the forecast period owing to the limited adoption of woodworking machines in this region.
Woodworking machinery is a machine tool that makes semi-finished wood processing products into wood products in wood processing technology. Furniture machinery is an important part of woodworking machinery. The manufacturers use the woodworking machine to eliminate the huge wastage of the wood, which indirectly increases the profitability margin.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
By product type, the market is divided into:
Based on operating type, the market is categorised into:
The end use of the market is categorised as follows:
The regional markets for the woodworking machinery industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The woodworking market is growing significantly owing to the growing demand for engineered wood and wooden furniture. The growth in the number of commercial and residential buildings and the increase in the consumers' preference to have an attractive look to their buildings are fuelling the market's growth. The manufacturing units are mostly inclining towards automation, improving overall efficiency and productivity, which projects to escalate the development of the woodworking machines in the coming years. Customers have been replacing their old furniture to rehabilitate their homes or offices in recent years, which has become a trend. These machines are widely being adopted by both the developing and the developed countries for delivering high-quality products to the customers.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The growth in the woodworking machinery market is primarily due to companies resuming operations and adjusting to the new normal as they recover from the COVID-19 impact, which had previously resulted in restrictive containment measures such as social distancing, remote working, and the closure of commercial activities, all of which created operational challenges. Therefore, the woodworking machinery industry is being driven by technological advancements.
The report gives a detailed analysis of the following key players in the global woodworking machinery market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Operating Type |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the global woodworking machinery market attained a value of nearly USD 5.01 billion.
The market is projected to grow at a CAGR of 3.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 7.04 billion by 2032.
The major drivers of the market include the growing utilisation of timber in the construction industry, adoption of cross-laminated timbers (CLTs) to manufacture houses and commercial buildings, increasing population rate, consumption of forest products by end-users, increase in the consumers' preference, increasing inclination towards automation and technological advancements.
The growing demand for engineered wood and wooden furniture and the growth in the number of commercial and residential buildings are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The product types in the market are grinding machines, routers, planers, drills, and saws, among others.
Based on operating type, the market is divided into electrical and mechanical.
The end use of the market is furniture industry and construction industry, among others.
The major players in the industry are KTCC Woodworking Machinery, Durr, Cantek America, Gongyou Group, SCM Group, Holytek Industrial Corporation, and BiesseGroup, among others.
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Subscribe to our Newsletter
By subscribing you agree to with our privacy policy and provide
consent to
receive
updates
from our company.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share