Market Overview:
The global wood copying lathe market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for wood copying lathes from the wood processing industry and craft industry. Additionally, rising adoption of wood copying lathes in personal use is also propelling the growth of this market. However, high cost associated with full sized wood copying lathes may restrain the growth of this market to some extent during the forecast period. Based on type, mini wood copying lathe held a dominant position in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to its low cost as compared to other types of Wood Copying Lathes available in the market.
Product Definition:
A wood copying lathe is a machine tool used to copy or duplicate the shape of a workpiece. It consists of a bed, headstock, tailstock, and carriage. The workpiece is mounted between the headstock and tailstock and rotated while one or more cutting tools are moved against it to cut away the material.
Mini Wood Copying Lathe:
Mini wood copying lathe is a tool used to cut the wax model of a design or shape in wood. It's size and weight make it ideal for small workshops, apartments, and home users who need to do some serious projects but lack the space for large machines. The machine has advantages over larger ones such as its compactness, light weight making it easier to handle while working on smaller jobs.
Midi Wood Copying Lathe:
The global midi wood copying lathe market size was valued at USD 6.5 million in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The wood processing industry led the global market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for wooden products across various end-use industries, such as construction and housing, packaging and carton making, furniture manufacturing, etc. In addition, rising demand for high-quality raw materials from emerging economies of Asia Pacific is likely to fuel product demand over the next eight years.
The craft industry accounted for a share of 15% in terms of revenue in 2017 on account of copier's ability to produce high quality copy with less effort and time as compared to other devices. Moreover, rising popularity among amateurs who are into woodworking is anticipated drive product adoption within this application segment soon enough.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 5.6% over the forecast period, owing to increasing demand for wood-based products from end-use industries such as furniture and decorative interior design. In addition, rising awareness regarding energy conservation is anticipated to propel the demand for eco-friendly devices in this region, thereby driving product sales over the forecast period.
Asia Pacific is projected to be one of the fastest growing regions during the same period owing to rapid industrialization and urbanization resulting into increased spending on home d©cor products and construction materials such as plywood and engineered hardwood sheets that are being exported from developed countries including Japan, China, Australia etc., Copying lathes help reduce consumption of raw materials by producing duplicate copies using less amount of material thus reducing overall cost per unit thus making it an effective alternative tool used by many craftspeople across various developing countries including India China Thailand Vietnam Indonesia etc.
Growth Factors:
- Increasing demand for wood copying lathe from small and medium-sized enterprises (SMEs) due to the rising popularity of DIY projects and crafts
- Growing demand for customized wood copying lathes from end-users to meet specific requirements
- Technological advancements in the design and functionality of wood copying lathes that offer better performance, precision, and efficiency
- Rising adoption of automated wood copying lathes in manufacturing facilities to improve production output and reduce costs
- Growing awareness about the benefits of using wood copying lathes among consumers, which is likely to boost demand over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood Copying Lathe Market Research Report
By Type
Mini Wood Copying Lathe, Midi Wood Copying Lathe, Full Sized Wood Copying Lathe
By Application
Wood Processing Industry, Craft Industry, Personal Use, Others
By Companies
JPW Industries, Delta Machinery, RIKON Power Tools, Laguna Tools, Teknatool International, WEN, Grizzly, Woodstock International, SCM Group, Robust Tools, Axminster, Carbatec, King Canada, Harvey Industries, Jai Industries, Binzhou COSEN CNC equipment, LingRui CNC, MAS, HOLZMANN MASCHINEN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Wood Copying Lathe Market Report Segments:
The global Wood Copying Lathe market is segmented on the basis of:
Types
Mini Wood Copying Lathe, Midi Wood Copying Lathe, Full Sized Wood Copying Lathe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wood Processing Industry, Craft Industry, Personal Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- JPW Industries
- Delta Machinery
- RIKON Power Tools
- Laguna Tools
- Teknatool International
- WEN
- Grizzly
- Woodstock International
- SCM Group
- Robust Tools
- Axminster
- Carbatec
- King Canada
- Harvey Industries
- Jai Industries
- Binzhou COSEN CNC equipment
- LingRui CNC
- MAS
- HOLZMANN MASCHINEN
Highlights of The Wood Copying Lathe Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Mini Wood Copying Lathe
- Midi Wood Copying Lathe
- Full Sized Wood Copying Lathe
- By Application:
- Wood Processing Industry
- Craft Industry
- Personal Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wood Copying Lathe Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A wood copying lathe is a machine used to create copies of wooden objects. It uses a rotating head that cuts the object being copied into precise pieces.
Some of the major companies in the wood copying lathe market are JPW Industries, Delta Machinery, RIKON Power Tools, Laguna Tools, Teknatool International, WEN, Grizzly, Woodstock International, SCM Group, Robust Tools, Axminster, Carbatec, King Canada, Harvey Industries, Jai Industries, Binzhou COSEN CNC equipment, LingRui CNC, MAS, HOLZMANN MASCHINEN.
The wood copying lathe market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wood Copying Lathe Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wood Copying Lathe Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wood Copying Lathe Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wood Copying Lathe Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wood Copying Lathe Market Size & Forecast, 2020-2028
4.5.1 Wood Copying Lathe Market Size and Y-o-Y Growth
4.5.2 Wood Copying Lathe Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Mini Wood Copying Lathe
5.2.2 Midi Wood Copying Lathe
5.2.3 Full Sized Wood Copying Lathe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Wood Processing Industry
6.2.2 Craft Industry
6.2.3 Personal Use
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood Copying Lathe Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wood Copying Lathe Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Mini Wood Copying Lathe
9.6.2 Midi Wood Copying Lathe
9.6.3 Full Sized Wood Copying Lathe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Wood Processing Industry
9.10.2 Craft Industry
9.10.3 Personal Use
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Mini Wood Copying Lathe
10.6.2 Midi Wood Copying Lathe
10.6.3 Full Sized Wood Copying Lathe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Wood Processing Industry
10.10.2 Craft Industry
10.10.3 Personal Use
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Mini Wood Copying Lathe
11.6.2 Midi Wood Copying Lathe
11.6.3 Full Sized Wood Copying Lathe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Wood Processing Industry
11.10.2 Craft Industry
11.10.3 Personal Use
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Mini Wood Copying Lathe
12.6.2 Midi Wood Copying Lathe
12.6.3 Full Sized Wood Copying Lathe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Wood Processing Industry
12.10.2 Craft Industry
12.10.3 Personal Use
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Mini Wood Copying Lathe
13.6.2 Midi Wood Copying Lathe
13.6.3 Full Sized Wood Copying Lathe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Wood Processing Industry
13.10.2 Craft Industry
13.10.3 Personal Use
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wood Copying Lathe Market: Competitive Dashboard
14.2 Global Wood Copying Lathe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 JPW Industries
14.3.2 Delta Machinery
14.3.3 RIKON Power Tools
14.3.4 Laguna Tools
14.3.5 Teknatool International
14.3.6 WEN
14.3.7 Grizzly
14.3.8 Woodstock International
14.3.9 SCM Group
14.3.10 Robust Tools
14.3.11 Axminster
14.3.12 Carbatec
14.3.13 King Canada
14.3.14 Harvey Industries
14.3.15 Jai Industries
14.3.16 Binzhou COSEN CNC equipment
14.3.17 LingRui CNC
14.3.18 MAS
14.3.19 HOLZMANN MASCHINEN
