0
Allied Market Research
2023
Global Woodworking Machinery Market

Global Woodworking Machinery Market: Global Opportunity Analysis and Industry Forecast, 2023-2030 Market

Report Code: A07619
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

Woodworking machinery is defined as the machinery that is used to process wood and perform various operations on raw wood materials and convert them into desired finished products. These machines are employed in small-scale commercial production units that are mainly focused on timber products. The type of machines can be classified into two categories—one is the stationary machine in which the machine is stationary and the material is moved on the machine in the shape that is desired, second is the non-stationary machine in which the material is fixed and the machine is moved on the material to get the desired product. The finished products may be doors, windows, slabs, boards and many others. Woodworking machines originated from England in the 18th century and are extremely essential for production of furniture. The majority of the woodworking machines are electrically driven and a small percentage of them are hydraulically driven. The size of the machines varies with the application that they are being used for. Some examples of woodworking machinery are jointers, shapers, saws, routers and others.

COVID-19 Scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the woodworking machinery industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of the woodworking machinery market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players will have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: Market Scenario Analysis, Drivers and Impact Analysis

Increase in demand for built wooden houses, increased adoption of automated woodworking machines and emphasized focus of customers to replace old furniture and rehabilitate their office and house are the factors that drive the global woodworking machinery market. The demand for prefabricated wooden houses is quite high and increasing. People have started giving more preference to build wooden houses as these can be built very quickly and they can be used as portable houses, which people can take to any trips along with them and an additional advantage being eco-friendly and efficient.
However, decrease in wood supply and high prices of timber hinder the market growth. Contrarily, investments in automation, launches of new and advanced equipment, requirement for innovative and automated woodworking machinery present new pathways in the industry.

The global woodworking market trends are as follows:

Increased demand for fabricated houses and engineered wood

The increase in demand for fabricated houses and engineered wood is expected to contribute significantly toward the growth of the woodworking machinery market. A hike in the number of residential and commercial buildings along with the preference of many people toward the aesthetic look of their building is anticipated to boost the growth of the woodworking market.

Increased demand for robotic manufacturing units

Increased preference toward automated manufacturing units to multiply the productivity and improve the overall efficiency can eventually increase the demand for woodworking machinery in the upcoming years. Automatic woodworking machines are another technological innovations in the woodworking machinery market. Due to the widespread technological upgradation, instead of manually operating machines, industries are adopting robots for operations, which can increase the safety and save the time for an operator.

Automation has created a special path for technologyfor woodworking sectors. Consumer’s wants and demands are going up day by day, by observing that woodworking industries have started using new technology so that it can increase theaccuracy and efficiency of production to provide exceptional final products that are very attractive. A German study have reported record production of woodworking machinery products which generated $3.63millions in 2019 from which we can easily understand the potential of this market to generate high returns and revenues to the manufacturers.

Growth in furniture industry

The significant positive growth observed in furniture industry is expected to definitely influence the woodworking machinery market. For instance, according to data released by Central Statistics Office, India the furniture industry has expanded 2.8% and in comparison to the previous month of January it has increased by 9.2%. Among the top production industries like basic metal industry, electricity and power industry, mining industry the furniture industry had a slower growth rate compared to its previous years but the productivity and output has been booming gradually which shows positive signs for the investors and business persons who are willing to enter into this market.

Key benefits of the report:

  • This study represents the analytical representation of the global woodworking machinery marketcombined with the ongoing trends and future predictions to determine investment opportunities.
  • The present market is thoroughlyanalyzed to enlighten the woodworking machinery market growth.
  • The report gives the information regarding to important drivers, restraints, and opportunities provided with an in depth analysis of the woodworking machinery market.
  • Segmentation details of the woodworking machinery market.
  • The report gives a comprehensiveglobal woodworking machinery market analysis based on competitiveness and how the performance of the competitors will take shape in the coming years. 

Global Woodworking Machinery Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights

Aspects Details
By Product Type
  • Grinding Machines
  • Routers
  • Planers
  • Drills
  • Saws
  • Others
By Operating principle
  • Electrical
  • Mechanical
By End use
  • Furniture industry
  • Construction industry
  • Others
By Region
  • North America  (US, Mexico, Canada)
  • Europe  (Germany, UK, France, Italy, rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Oliver machinery, Durr, Cantek America, WEINIG Group, BiesseGroup, SCM Group, Gongyou Group, KTCC Woodworking Machinery, Holytek Industrial Corporation, IMA-Schelling
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Global Woodworking Machinery Market

Start reading.
This Report and over 71,229+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690  $3,321
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820  $4,947
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540  $5,559
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870  $7,896
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
*Terms and Conditions Apply
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers