Press release
Rapid Climb in Chainsaws Market: A View of $5.18 billion Size, 10.2% CAGR, and Key Market Drivers and Trends
What Is The Projected Market Size Of The Global Chainsaws Market And Its Growth Rate?
The global chainsaws market has been experiencing a significant growth path, ambling from:
• $4.7 billion in 2024 to $5.18 billion in 2025, manifesting a compound annual growth rate (CAGR) of 10.2%. This expansion is largely credited to factors such as rural and urban landscaping, raw material costs, homeowner and DIY market, industrial and commercial use, and user preferences.
• A more pronounced growth is expected to unfold in the approaching years as the market size is projected to escalate to $7.87 billion in 2029 at a CAGR of 11.0%. Drivers such as supply chain dynamics, emerging user segments, economic trends, market expansion, and regulatory compliance play a crucial role in influencing this growth trajectory.
What Is Driving The Growth In The Chainsaws Market?
Increased deforestation is expected to fuel the growth of the chainsaw market in the near future. Deforestation involves removing trees and forests from a particular zone majorly carried out to create land for agricultural or urban development, obtain wood and other forest products, or establish space for mining. Chainsaws are commonly utilized in these activities for their functionality in clearing forests efficiently and swiftly. For instance, a report by the World Bank in May 2024 indicated that deforestation had exceeded projections in 2023 by 32%. The continuous rise in deforestation by 35% by 2025 compared to the initial projections indicates a progressive trend in the growth of the chainsaw market.
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Who Are the Key Players Driving Chainsaws Market Growth?
Key players operating in the chainsaws market include:
• Husqvarna AB
• Robert Bosch GmbH
• Makita Corporation
• Andreas Stihl AG & Co. KG
• Zhejiang Zomax Garden Machinery Co. Ltd.
• Stanley Black & Decker Inc.
• Remington Power Tools Inc.
• Oregon Tool Inc.
• Craftsman
• TTI Inc.
• Echo Incorporated
• Briggs & Stratton Corporation
• Hitachi Ltd.
• Blount International Inc.
• STIHL Inc.
• DEWALT
• EGO Power+
• Greenworks Tools
• Milwaukee Electric Tool Corporation
• WORX Tools
• Blue Max
• Earthwise
• Efco
• Homelite
• Solo Incorporated
• Tanaka
• Troy-Bilt
• Victa Lawncare Pty Ltd
What Are The Key Trends In The Chainsaws Market?
Major trends influencing the chainsaws market include:
• Enforcement of environmental regulations
• Focus on user safety and ergonomics
• Introduction of battery-powered chainsaws
• Increasing market competition
• Rising demand from professional users
What Are The Segments Of The Global Chainsaws Market?
The global chainsaws market is segmented by:
1) Product Type: Gas Powered, Electric Corded, Cordless
2) Bar Length Type: Below 16 Inch, 16-18 Inch, Above 18 Inch
3) Distribution Type: Online, Offline
4) Application: Commercial, Residential
5) End Use: Tree Felling, Bucking, Pruning, Wood Carving, Ice Sculpting, Construction, Other End Uses
Which Region Leads The Chainsaws Market?
North America dominated the chainsaws market in 2024. However, the fastest-growing region is expected to be Asia-Pacific during the forecast period. The chainsaws market report covers multiple regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Chainsaws Market Global Market Report?
- Market Size Analysis: Analyze the Chainsaws Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Chainsaws Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Chainsaws Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Chainsaws Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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