Press release
Leading Growth Driver in the Chainsaws Market in 2025: Increased Deforestation And Its Impact On The Chainsaw Market Driver's Influence
What market dynamics are playing a key role in accelerating the growth of the chainsaws market?The chainsaw market is anticipated to thrive with an increase in deforestation activities. Essentially, deforestation is the process of trees and forests removal in specific areas which is mainly performed for purposes like agricultural or urban growth, sourcing wood and other forest-based products, or for the purpose of mining. Chainsaws thus find ample opportunities in these activities, playing a key role in deforestation as they assist in clearing forests for farming, mining, and logging, apart from quick and efficient felling of trees. This enables the loggers to cut multiple trees in a limited timeframe. For instance, a report by the US-based World Bank in May 2024 revealed that in 2022, the Business As Usual (BAU) scenario had projected deforestation of 9,619 km2. However, PRODES data revealed an actual loss of 12,695 km2, apparating to be 32% more than what was projected. It follows that if the current rate of deforestation, as observed in the High-Resolution Land cover (HRL), continues, there can be a 35% increase in deforestation by 2025 as compared to the BAU baseline. Consequently, the progressive increase in deforestation is fuelling the market growth for chainsaws.
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How will the growth rate of the chainsaws market shape industry trends by 2034?
The size of the chainsaws market has witnessed a swift expansion in the past few years. It is expected to escalate from $4.7 billion in 2024 to roughly $5.18 billion in 2025, recording a compound annual growth rate (CAGR) of 10.2%. Factors like rural and urban landscaping, fluctuations in raw material costs, activities within the homeowner and DIY market, as well as industrial and commercial usage, along with user preferences, contributed to the historic phase of growth.
In the coming years, swift expansion is projected in the chainsaws market, with its worth escalating to "$7.87 billion by 2029 at a compound annual growth rate (CAGR) of 11.0%. Factors contributing to this upsurge during the forecast timeline include the dynamics of the supply chain, the emergence of new user segments, economic trends, market proliferation, and adherence to regulatory norms. Key trends predicted for the period include the enforcement of environmental regulations, the focus on user safety and ergonomics, the advent of battery-operated chainsaws, competitive conditions in the market, and demand stirred up by professional users.
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What trends are poised to drive the future success of the chainsaws market?
The introduction of advanced-tech chainsaw designs is a trend that's rapidly gaining traction in the chainsaw market. Established firms in the market are now incorporating highly sophisticated technology in their new models in order to maintain their foothold. An illustration of this is the T540 XP Mark III, a chainsaw with professional-grade design for arborists and tree care professionals, launched by Sweden's industrial equipment firm Husqvarna Group in May 2023. The model is equipped with Auto-Tune 3.0 technology, which allows for effortless startup and peak performance even under difficult conditions. This tech enables users to follow the same starting routine regardless of the weather, without any engine flooding risk. The model also boasts the X-Torq engine design for supreme power output and the LowVib tech to minimize handling vibration. These attributes greatly improve user experience and enable more productive and efficient use of chainsaws in forestry and other sectors.
Which primary segments of the chainsaws market are driving growth and industry transformations?
The chainsaws market covered in this report is segmented -
1) By Product Type: Gas Powered, Electric Corded, Cordless
2) By Bar Length Type: Below 16 Inch, 16-18 Inch, Above 18 Inch
3) By Distribution Type: Online, Offline
4) By Application: Commercial, Residential
5) By End Use: Tree Felling, Bucking, Pruning, Wood Carving, Ice Sculpting, Construction, Other End Uses
Subsegments:
1) By Gas Powered Chainsaws: Professional Chainsaws, Homeowner Chainsaws, Tree Care Chainsaws
2) By Electric Corded Chainsaws: Light-Duty Electric Chainsaws, Medium-Duty Electric Chainsaws, Heavy-Duty Electric Chainsaws
3) By Cordless Chainsaws: Battery-Powered Chainsaws, Lightweight Cordless Chainsaws, High-Power Cordless Chainsaws
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Which geographical regions are pioneering growth in the chainsaws market?
North America was the largest region in the chainsaws market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global chainsaws market report during the forecast period. The regions covered in the chainsaws market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the chainsaws market landscape?
Major companies 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
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What Is Covered In The Chainsaws Global Market Report?
• Market Size Forecast: Examine the chainsaws market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the chainsaws market for a structured understanding.
• Key Players Overview: Analyze major players in the chainsaws market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the chainsaws market.
• Segment Contributions: Evaluate how different segments drive overall growth in the chainsaws market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the chainsaws market.
• Industry Challenges: Identify potential risks and obstacles affecting the chainsaws market.
• Competitive Landscape: Review strategic developments in the chainsaws market, including expansions, agreements, and new product launches.
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