The latest market report published by Credence Research, Inc. is “Global Woodworking Machines Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Woodworking Machines Market generated revenue of around USD 4391.4 million in 2021 and is anticipated to grow a CAGR of over 3.70 % during the forecast period from 2022 to 2028 to reach around USD 5461.04 million in 2028. While cumulative growth opportunity presented by the global Woodworking Machines is around USD 1069.64 million from 2022 to 2028.
Wooden furniture is becoming increasingly reliable in homes and offices, where it typically gives familiarity, a calming quiet of nature, and robust use in heavy-duty applications. The market for woodworking equipment is predicted to increase significantly in the near future, owing to rising innovation in wooden aesthetics, massive growth in construction, and DIY trends. The market for woodworking machines is predicted to expand significantly as new businesses continue to prefer hardwood furniture with elegant designs over plastic furniture, which can be unpleasant and lacking in prestige. In addition, the rapid and consistent rise in demand for furniture and crafts and the expansion of building sectors in developing countries are driving the demand for woodworking machines. The increase in the number of commercial and residential constructions to fulfill customer demand and residents’ increasing preference for the superior aesthetic appearance of their building structure is likely to boost the woodworking machines industry. Furthermore, rising demand for engineered wood and wooden furniture in the building and furniture industries will drive the worldwide woodworking machines market during the forecast period.
The global Woodworking Machines market is segmented into operating principal, product type, end-use, sales channel, and Geography. Based on operating principal, the market is categorized into Mechanical and Electrical. Based on product type, the market is segmented into Thickness planers, Grinding machines, Chain/chisel mortise, Routers, Wood lathes, and Others (saw, drills, etc.). Based on end-use, the market is segmented into Construction, Furniture, Marine and Locomotive (Railway). On the basis of sales channel, the market is segmented into Online and Offline i.e. retail stores. On the basis of geography, the market is segmented as North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa.
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Why to Buy This Report-
- The report provides a qualitative and quantitative analysis of the global Woodworking Machines market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-to 2020, base year- 2021, and forecast period 2022-2028.
- The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country-level
- In-depth analysis of the global market segmentation on the basis of operating principle, product type, end-use, and sales channel.
- Research and development investments by the government as well as major players.
- The global Woodworking Machines market report also includes the global, regional, and country-level analysis, key market trends, major players analysis, market growth strategies, and key application areas.
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Table of Content
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Woodworking Machines Market
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Woodworking Machines Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Operating Principal
3.3.3. Age Group
3.3.4. End-user
3.3.5. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis
4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players
5. COVID 19 Impact Analysis
5.1. Global Woodworking Machines Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply
6. North America
6.1. North America Woodworking Machines Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Woodworking Machines Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Thickness planer
6.2.3. Grinding machines
6.2.4. Chain/chisel mortise
6.2.5. Routers
6.2.6. Wood lathes
6.2.7. Saw
6.2.8. Drills
6.2.9. Others
6.3. North America Woodworking Machines Market, by Operating Principal, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Mechanical
6.3.3. Electrical
6.3.4. Others
6.4. North America Woodworking Machines Market, by End-user, 2016-2028(US$ Bn)
6.4.1. Overview
6.4.2. Construction
6.4.3. Furniture
6.4.4. MARINE
6.4.5. Locomotive (Railway)
6.4.6. Others
6.5. North America Woodworking Machines Market, by Sales Channel, 2016-2028(US$ Bn)
6.5.1. Overview
6.5.2. Online
6.5.3. Direct Sales
7. Europe
………….
8. Asia Pacific
………….
9. Latin America
………….
10. Middle East
…………..
11. Africa
……………
12. Global
…………….
13. Company Profiles
13.1. Paolino Bacci
13.2. Biesse Group
13.3. Michael Weinig AG
13.4. Dürr AG
13.5. SCM GROUP S.p.A.
13.6. ROJEK Woodworking Machinery
13.7. HOMAG Group
13.8. Dura Wood Working Ltd.
13.9. Masterwood SpA
13.10. Otto Martin aschinenbau GmbH & Co. KG
13.11. Others
List Of Figure:
FIG. 1 Global Woodworking Machines Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Woodworking Machines Market Segmentation
FIG. 4 Global Woodworking Machines Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Woodworking Machines Market, by Operating Principal, 2021 (US$ Bn)
FIG. 6 Global Woodworking Machines Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Woodworking Machines Market Manufacturers, 2019
FIG. 9 Global Woodworking Machines Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Woodworking Machines Market, by Thickness planer, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Woodworking Machines Market, by Grinding machines, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Woodworking Machines Market, by Chain/chisel mortise, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Woodworking Machines Market, by Routers, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Woodworking Machines Market, by Wood lathes, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Woodworking Machines Market, by Saw, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Woodworking Machines Market, by Drills, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Woodworking Machines Market Value Contribution, By Operating Principal, 2021 & 2028 (Value %)
FIG. 18 Global Woodworking Machines Market, by Mechanical, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Woodworking Machines Market, by Electrical, Value, 2016-2028 (US$ Bn)
FIG. 20 Global Woodworking Machines Market Value Contribution, By End-user, 2021 & 2028 (Value %)
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