An edge banding machine is a device used to close and give a proper finish to wood-based panels. The surface of the wood must be prepared well before putting it into the edge banding machine. Any dust, wood chips, and residue must be thoroughly cleaned otherwise the edge banding might not stick properly. There are three types of edge banding machines which include full-automatic, semi-automatic, and manual. A manual edge banding device is suitable for small factories and individual producers. The manual edge banding machine consists of an edge band heater, pressing roller, and edge band cutting device. An automatic edge banding machine is used in large-scale wood-based panel surface processing. The whole process is fully automatic. The working efficiency of this machine is high. The operating worker needs to just place the wood panel on the conveyor belt. The process involves gluing, banding, edge cutting, end-cutting, trimming, and buffing.

Market Scope and Structure Analysis

COVID-19 Impact Analysis

• COVID-19 pandemic has shut down the production of edge banding machine attributed to the lockdown in countries worldwide this has hampered the growth of edge banding machine from the last few months and is likely to grow in 2021.
• COVID -19 has already affected the sales of edge banding machine in the second and third quarter of 2020 and is anticipated to grow in year 2021.
• The major demand for edge banding machine was previously noticed from countries including the US Germany Italy UK and China which are negatively affected by the spread of the coronavirus thereby declining the demand for edge banding machine.
• Further potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves edge banding machine manufacturers can afford a full lockdown only for a few months after which the players have to modify their investment plans. For instance, various players in the market halted their production activities for several weeks to reduce the expenses. Whereas few players also adopted employee lay-offs to sustain during the COVID -19 health crisis.
• Edge banding machine manufacturers are expected to focus on protecting their workforce operations and supply chains to respond to ward immediate crisis and find new ways of working after COVID -19 for instance provision of sanitizers maintaining social distancing as well as ensuring the vaccination of every employee in the company can assist in promoting the health and safety of the workforce.

Top Impacting Factors

Advancements in manufacturing technology and rise in the demand for luxury furniture, foster the growth of the edge banding machine market. The Asia-Pacific region is projected to witness growth in consumers and an increase in demand for wood products due to increase in commercial constructions and residential constructions across the globe, which surges the need for furniture and thus boosts the growth of the edge banding machine market. There is an increase in the demand for luxurious furniture due to changes in the trend of the lifestyle of consumers. Need for the automatic industrial machine to minimize waste and improve productivity is also on an increase. These factors fuels the growth of the edge banding machine market. Moreover, companies are launching new products with better quality helping the market to experience further growth. For example, in March 2021, Delta, one of the leading players in the market, developed a high-speed edge banding machine solution to improve the quality and appearance of the bandings.

Key Segments Covered

Market by Product Type

• Full-automatic
• Semi-automatic
• Manual

Market by End-use

• Furniture Industry
• Building Material Industry
• Other

Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
• LAMEA
  • Brazil
  • Argentina
  • GGC
  • South Africa
  • Rest of LAMEA

Key Benefits of the Report

• This study presents the analytical depiction of the edge banding machine along with the current trends and future estimations to determine the imminent investment pockets
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the edge banding machine market share.
• The current market is quantitatively analyzed from 2020 to 2030 to highlight the edge banding machine market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed edge banding machine market analysis based on competitive intensity and how the competition will take shape in coming years