Press release
Woodworking Machinery Global Market Report 2025: Market Size, Growth Rate, Key Players, and Trends
Woodworking Machinery Market Forecast
What Is The Projected Market Size Of The Woodworking Machinery Global Market Report 2025 And Its Growth Rate?
• The woodworking machinery market size was $31.57 billion in 2024 and will grow to $34.22 billion in 2025 at a CAGR of 8.4%.
• By 2029, the market size will escalate to $45.84 billion with a CAGR of 7.6%.
• This growth is attributed to various factors including the boom in construction and real estate, increasing demands from the furniture manufacturing sector, advancements of wood processing industries, and rising popularity of craftsmanship and artisanal woodwork.
What Is Driving The Growth In The Woodworking Machinery Global Market Report 2025?
The woodworking machinery market is primarily influenced by the steady expansion of the construction industry. In this sector, woodworking machinery is extensively utilized for fine shaping, cutting, and assembling of wood components, such as doors, windows, furniture, which are integral elements in any building structure. An example to demonstrate this trend is the increasing approval of privately owned housing units by the United States Census Bureau. The approval rate in February 2023 was 13.8% more than the previous rate in January, standing at 1,524,000 on a seasonally adjusted yearly basis. Therefore, the ascendant trajectory of the construction sector fuels the growth in the woodworking machinery market.
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Who Are the Key Players Driving Woodworking Machinery Global Market Report 2025 Growth?
• Dürr Systems GmbH & Co. KG
• MSC Industrial Supply Co.
• Robland Corporation
• Biesse Group S.p.A.
• SCM Group SPA
• Michael Weinig AG
• SawStop
• IMA Schelling Group GmbH
• Altendorf GmbH & Co. KG
• Grizzly Industrial Inc.
• HOMAG Group AG
• Linze Woodworking Machinery Co. Ltd.
• Gongyou Group Co. Ltd.
• JPW Industries Inc.
• Laguna Tools
• Felder Group
• Thermwood Corporation
• Macrodyne Technologies Inc.
• Bishop-Wisecarver Inc.
• Delta Power Equipment Corporation
• Cantek America
• Hermance Machine Company
• Oliver Machinery Co. Ltd.
• MiniMax S.r.l.
• Martin Woodworking Machines GmbH
• JET Tools
• Paolino Bacci S.p.A.
• Otto Martin Maschinenbau GmbH & Co. KG
• Holytek Industrial Corp.
• Cheng Kuang Machinery Co. Ltd.
• Rilesa S.r.l.
• KTCC Woodworking Machinery Co. Ltd.
• Rojek Woodworking Machinery Inc.
• Vigano Mario S.r.l.
• Daltons Wadkin Ltd.
• Woodstock International Inc.
What Are The Key Trends In The Woodworking Machinery Global Market Report 2025?
• Innovations in wood finishing technologies.
• Digitalization of design and production processes.
• Emergence of customization and personalization trends.
• Integration of augmented reality (AR) for training and design.
• Shift towards compact and space-efficient machines.
What Are The Segments Of The Global Woodworking Machinery Global Market Report 2025?
• By Product Type: Thickness Planer, Grinding Machines, Chain Or Chisel Mortise, Routers, Wood Lathes, Other Product Types.
• By Operating Principal: Electrical, Mechanical.
• By Sales Channel: Online, Offline.
• By End-User: Furniture Industry, Construction Industry, Other End-Users.
Which Region Leads The Woodworking Machinery Global Market Report 2025?
In 2024, Asia-Pacific led the woodworking machinery market, with North America following closely as the second-largest market contributor. The market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Woodworking Machinery Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Woodworking Machinery Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Woodworking Machinery Global Market Report 2025 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 Woodworking Machinery Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Woodworking Machinery Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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