Press release
Chain Saw Market Analysis, Size, Share, Trending and Industry Report 2023-2030
Chain Saw Market - DataM Intelligence
The global chain saw market was valued at USD YY million in 2021. It is forecasted to reach USD YY million by 2030, growing at a CAGR of 5.1% during the forecast period (2023-2030)
A chainsaw is a portable, handheld mechanical tool designed primarily for cutting wood and wood-related products. It operates by using teeth attached to a rotating chain that runs along a guide bar, connected to a small cylinder powered by gasoline or batteries. The market for chainsaws is currently experiencing growth due to several factors.
The increasing rate of urbanization, coupled with rising deforestation for infrastructural development, is a key driver of market growth. As urban areas expand, there is a growing demand for wood-based products such as flooring, panels, and roofing, driven by improved consumer living standards and a heightened focus on interior décor.
Moreover, the rise in per capita expenditures on high-end and premium wooden furniture is contributing to the increased utilization of chainsaws in furniture manufacturing applications. The demand for aesthetically pleasing and durable wood products is on the rise, further boosting the role of chainsaws in this sector.
Additionally, the hospitality sector's significant growth is catalyzing the demand for chainsaws, particularly in the installation of various hardwoods like oak, maple, and teak. These woods are favored for their durability and enhanced aesthetics, meeting the evolving demands of the hospitality industry. In essence, the chainsaw market is being shaped by the dynamic interplay of urbanization, infrastructural development, consumer preferences for wood-based products, and the expanding hospitality sector.
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Market Dynamics
The market is experiencing growth driven by the increasing adoption of eco-friendly products.
There is a notable surge in demand for eco-friendly products, and this trend is expected to drive market growth in the forecast period. The shift towards electrical and battery-powered products is particularly prominent as gas-powered equipment contributes to air pollution by releasing hazardous gases. Consumers are becoming increasingly conscious of environmental conditions, leading to a preference for sustainable products. For instance, a significant percentage of consumers worldwide express a willingness to pay more for sustainable brands, highlighting the growing importance of eco-friendly choices.
In this context, the demand for battery-powered or electric chainsaws is on the rise, especially for domestic usage such as yard maintenance. These chainsaws are valued for being lightweight, sustainable, requiring less maintenance, and being user-friendly for a broad range of consumers.
Additionally, factors such as the avoidance of tasks like changing oil and fueling, as well as the overall ease of operation, contribute to the increasing popularity of electric chainsaws. Manufacturers and industrial players are actively focusing on introducing technologically advanced products and solutions, further contributing to the growth of the market. As the market responds to the rising demand for eco-friendly alternatives, the adoption of electrical and battery-powered chainsaws is expected to play a pivotal role in shaping the industry landscape.
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Market Segmentation
By Product
Gas-powered
Electric-powered
By Application
Residential Construction
Commercial and Industrial Construction
Market Key Players
Major players are Hitachi Ltd., Robert Bosch GmbH, Husqvarna Group, Makita U.S.A. Inc., Andreas Stihl AG & Co. KG, Remington Power Tools, Stanley Black & Decker Inc., Blount International Inc., Briggs & Stratton Corporation and Zhejiang Zomax Garden Machinary Co. Ltd.
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