Market Overview:
The global woodworking machinery and tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for furniture and other wooden products, rising disposable income, and technological advancements in woodworking machinery and tools. The machine tools segment is expected to hold the largest share of the global woodworking machinery and tools market during the forecast period. This can be attributed to its wide range of applications in various industries such as home using, woodworking factories, and industrial segments. The sanding machine segment is projected to grow at a high CAGR during the forecast period owing to its growing demand for finishing wooden products with perfection.
Product Definition:
Woodworking machinery and tools are used to shape wood into various objects. They are important because they allow people to create things from wood that they otherwise would not be able to.
Machine Tools:
Machine tools are used to cut or shape metal or wood products into desired shapes and sizes. The global machine tools market is expected to witness significant growth over the forecast period owing to increasing demand from end-use industries such as automotive, aerospace & defense, construction equipment industry. In addition, rising technological advancements in emerging economies of Asia Pacific and Latin America are also anticipated to drive the market growth over the next seven years.
Sanding Machine:
A sanding machine is used in woodworking machinery and tools to smooth the rough surfaces of wood. It is also known as finishing or grinding machine. The sanding process usually done manually but with the help of automated machines too, which helps to finish and smoothen the surface easily. There are different types of sanders available depending upon applications such as end grain, face grain, edge Grain Sander etc., which are widely used by furniture makers and carpenters for their workpieces.
Application Insights:
The home using segment dominated the global market in 2017. The growth of this segment can be attributed to increasing demand for furniture and interior designing among consumers, especially in emerging economies such as India and China. Furthermore, rising disposable income levels has enabled consumers to spend more on their homes. This factor is expected to drive the product demand over the forecast period.
Woodworking factories are anticipated to expand at a CAGR of XX% from 2018 to 2030 owing to increased production capacities across developing countries including Brazil, Indonesia and Vietnam that are seeking ways of reducing labor costs by automating production processes with machinery & tools so as reduce overall manufacturing cost thereby enhancing their competitiveness against other industries which is further driving product demand in this application segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and increasing foreign investments. China, Japan, South Korea, Taiwan are some of the prominent countries that have been contributing significantly to regional growth.
The growing population in these regions coupled with rising standards of living has led to an increased demand for consumer goods such as furniture, bedding products which is subsequently driving the woodworking machinery industry across these regions. Moreover, government initiatives encouraging domestic manufacturing activities are anticipated to boost regional product demand over the forecast period.
Europe accounted for a significant share owing to high adoption rates for technologically advanced equipment used in various applications including metal cutting & shaping machines and CNC routers among others; factors that are expected fuel regional product demand during 2018 - 2030 periods respectively.
Growth Factors:
- Increasing demand for woodworking machinery and tools from the construction and furniture industries.
- Rising demand for customized woodworking machinery and tools to cater to specific requirements of end-users.
- Technological advancements in woodworking machinery and tools that improve performance, efficiency, and accuracy.
- Growing popularity of do-it-yourself (DIY) projects among consumers that is driving the demand for woodworking equipment and tools.
Scope Of The Report
Report Attributes
Report Details
Report Title
Woodworking Machinery & Tools Market Research Report
By Type
Machine Tools, Sanding Machine, Drilling Machine, Pressure Bonding, Paint Spraying, Others
By Application
Home Using, Woodworking Factories, Industrial
By Companies
Homag, Scm, Biesse, Weinig, Ima Schelling, Stanley Black and Decker, Jpw Industry, Leademac, Sawstop Tablesaws, Delta, Homag, Oliver Machinery, Gongyou, Felder, Paolino Bacci
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Woodworking Machinery & Tools Market Report Segments:
The global Woodworking Machinery & Tools market is segmented on the basis of:
Types
Machine Tools, Sanding Machine, Drilling Machine, Pressure Bonding, Paint Spraying, Others
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
Home Using, Woodworking Factories, Industrial
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:
- Homag
- Scm
- Biesse
- Weinig
- Ima Schelling
- Stanley Black and Decker
- Jpw Industry
- Leademac
- Sawstop Tablesaws
- Delta
- Homag
- Oliver Machinery
- Gongyou
- Felder
- Paolino Bacci
Highlights of The Woodworking Machinery & Tools 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:
- Machine Tools
- Sanding Machine
- Drilling Machine
- Pressure Bonding
- Paint Spraying
- Others
- By Application:
- Home Using
- Woodworking Factories
- Industrial
- 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 Woodworking Machinery & Tools 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?
Woodworking machinery and tools are used to create items from wood, such as furniture, cabinets, and other wooden products. Woodworking machines can be divided into two main categories: power tools and handtools. Power tools include saws, drills, routers, jigsaws and other high-powered equipment that allow for more precise cuts or routing. Handtools include chisels, planes and hammers that are less powerful but often more versatile in terms of their use.
Some of the key players operating in the woodworking machinery & tools market are Homag, Scm, Biesse, Weinig, Ima Schelling, Stanley Black and Decker, Jpw Industry, Leademac, Sawstop Tablesaws, Delta, Homag, Oliver Machinery, Gongyou, Felder, Paolino Bacci.
The woodworking machinery & tools 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 Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Woodworking Machinery & Tools 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 Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size & Forecast, 2018-2028
4.5.1 Woodworking Machinery & Tools Market Size and Y-o-Y Growth
4.5.2 Woodworking Machinery & Tools Market Absolute $ Opportunity
Chapter 5 Global Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Type
5.2.1 Machine Tools
5.2.2 Sanding Machine
5.2.3 Drilling Machine
5.2.4 Pressure Bonding
5.2.5 Paint Spraying
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Applications
6.2.1 Home Using
6.2.2 Woodworking Factories
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Woodworking Machinery & Tools 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 Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Analysis and Forecast
9.1 Introduction
9.2 North America Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Type
9.6.1 Machine Tools
9.6.2 Sanding Machine
9.6.3 Drilling Machine
9.6.4 Pressure Bonding
9.6.5 Paint Spraying
9.6.6 Others
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 Woodworking Machinery & Tools Market Size Forecast by Applications
9.10.1 Home Using
9.10.2 Woodworking Factories
9.10.3 Industrial
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 Woodworking Machinery & Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Type
10.6.1 Machine Tools
10.6.2 Sanding Machine
10.6.3 Drilling Machine
10.6.4 Pressure Bonding
10.6.5 Paint Spraying
10.6.6 Others
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 Woodworking Machinery & Tools Market Size Forecast by Applications
10.10.1 Home Using
10.10.2 Woodworking Factories
10.10.3 Industrial
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 Woodworking Machinery & Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Type
11.6.1 Machine Tools
11.6.2 Sanding Machine
11.6.3 Drilling Machine
11.6.4 Pressure Bonding
11.6.5 Paint Spraying
11.6.6 Others
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 Woodworking Machinery & Tools Market Size Forecast by Applications
11.10.1 Home Using
11.10.2 Woodworking Factories
11.10.3 Industrial
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 Woodworking Machinery & Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Woodworking Machinery & Tools 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 Woodworking Machinery & Tools Market Size Forecast by Type
12.6.1 Machine Tools
12.6.2 Sanding Machine
12.6.3 Drilling Machine
12.6.4 Pressure Bonding
12.6.5 Paint Spraying
12.6.6 Others
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 Woodworking Machinery & Tools Market Size Forecast by Applications
12.10.1 Home Using
12.10.2 Woodworking Factories
12.10.3 Industrial
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) Woodworking Machinery & Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Woodworking Machinery & Tools 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) Woodworking Machinery & Tools Market Size Forecast by Type
13.6.1 Machine Tools
13.6.2 Sanding Machine
13.6.3 Drilling Machine
13.6.4 Pressure Bonding
13.6.5 Paint Spraying
13.6.6 Others
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) Woodworking Machinery & Tools Market Size Forecast by Applications
13.10.1 Home Using
13.10.2 Woodworking Factories
13.10.3 Industrial
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 Woodworking Machinery & Tools Market: Competitive Dashboard
14.2 Global Woodworking Machinery & Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Homag
14.3.2 Scm
14.3.3 Biesse
14.3.4 Weinig
14.3.5 Ima Schelling
14.3.6 Stanley Black and Decker
14.3.7 Jpw Industry
14.3.8 Leademac
14.3.9 Sawstop Tablesaws
14.3.10 Delta
14.3.11 Homag
14.3.12 Oliver Machinery
14.3.13 Gongyou
14.3.14 Felder
14.3.15 Paolino Bacci
