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Woodworking Machinery Market 2021 Global Size, Share, Industry Analysis, Strategies, Opportunities And Trends Report To 2030
‘Woodworking Machinery Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the woodworking machinery industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global woodworking machinery market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The regions covered in the global woodworking machinery market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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The woodworking machinery market consists of sales of woodworking machines by entities (organizations, sole traders, and partnerships) that convert raw wood materials into structural products including plywood, boards, and beams for use in construction, shipbuilding, furniture, and others. Woodworking machines are particularly built machinery that is used in workshops to cut, saw, plane, or drill wood for furniture making. These machines are primarily powered by electric motors or are mechanical and are widely used in woodworking to provide fine dimensions and shapes.
The global woodworking machinery market is expected to grow from $3.57 billion in 2020 to $3.86 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%. The growth in the woodworking machinery market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The woodworking machinery market is expected to reach $4.59 billion in 2025 at a CAGR of 4.5%.
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Global woodworking machinery market segmentation in TBRC’s report is:
1) By Product Type: Thickness Planer, Grinding Machines, Chain Or Chisel Mortise, Routers, Wood Lathes, Others
2) By Operating Principal: Electrical, Mechanical
3) By Sales Channel: Online, Offline
4) By End-User: Furniture Industry, Construction Industry, Others
Major players in the woodworking machinery market are SCM Group, HOMAG Group, Paolino Bacci, Biesse Group, Michael Weinig AG, Otto Martin Maschinenbau GmbH & Co. KG, Oliver Machinery Co., Holytek Industrial Corp., IMA Schelling Group GmbH, KTCC Woodworking Machinery, Rojek Woodworking Machinery Inc., Cheng Kuang Machinery, Vigano Mario Srl, Linze Woodworking Machinery Co., Daltons Wadkin, Hermance Machine Company, and Rilesa.
Need More? Read Further On The Woodworking Machinery Market Here:
https://www.thebusinessresearchcompany.com/report/woodworking-machinery-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Woodworking Machinery Market Characteristics
3. Woodworking Machinery Market Trends And Strategies
4. Impact Of COVID-19 On Woodworking Machinery
5. Woodworking Machinery Market Size And Growth
.....
27. Woodworking Machinery Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Woodworking Machinery Market
29. Woodworking Machinery Market Future Outlook and Potential Analysis
30. Appendix
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