Woodworking Machine Market | Current Analysis by Market Share 2024-2032

Woodworking Machine Market Synopsis:

Woodworking Machine Market Size Was Valued at USD 56.5 Billion in 2023, and is Projected to Reach USD 108.6 Billion by 2032, Growing at a CAGR of 7.5% From 2024-2032.

The woodworking machine market covers the development and supply of equipment that are employed in woodworking industries whose products include wooden furniture, floors, and structures. These tools can be as simple as hand tools that are used to hand carve, saw or shave woods and nails among others or as complex as computer-controlled machining lines used in shaping, planning, cutting and otherwise preparing wooden products. The user industries include furniture manufacturing, construction, and interior designing, which provide constant use. This paper shows that change driven by a greater emphasis on automation, accuracy, and sustainability is having a significant impact on the woodworking machinery market and its applications across woodworking industries and craftsmanship.

There have been found robust trends in woodworking machines over the last few years, as there has been observed a continual demand for high-quality wooden products with personalized design in construction, furniture, and interior design needs. The use of integrated technologies such as computer numerically controlled routers and automatic lathes in the production of timber/building products has made significant improvements in the sophistication levels of the products, with associated improvements in precision, efficiency and costs. Other advancements such as 3D modeling and linkages to CAD/CAM systems have also the improvement of machines that conform to Industry 4.0 age.

Also, the market is projected to spur by the increasing orientation to natural and energy-saving woods and increased production of technologies, equipment, and materials in this sphere. Firms in the structure and furniture sectors in the Asia-Pacific and North America remain key drivers of the industry’s advancement. Governments also supporting industrial development and investment on upgrading manufacturing plants also boosts the sales of woodworking machines.

Woodworking Machine Market Trend Analysis:

Automation Driving Market Transformation

• The woodworking machine market is however in a transitional position especially with automation being given the much-needed priority. Modern woodworking technologies like the CNC routers and robotic arms are allowing proper cutting, shaping and avoiding wastage of material while the need for highly skilled personnel is minimized. IoT integrations with AI technologies has improved the Machine Intelligence that has led to Predictive Maintenance and Real-Time Performance. It complements the current shift towards smart manufacturing around the world so that companies can continue to operate competitively to produce a high volume of very good quality wooden products at a relatively low operational cost.

Emergence of Sustainable Practices

• Sustainability holds high potential in woodworking machine market as the global environment and related legal aspects become key issues. Hence the need for machines that can cater to the reclaimed and alternative wood materials demands is increasing. Furthermore, dealers are blazing the path through researching renewable energy to power their production in an environmentally sustainable manner. Action taken by the governments in the global region regarding sustainable business and consumers choosing such brands more often boosts the prospects of this segment higher, opening new horizons for its development.

Woodworking Machine Market Segment Analysis:

Woodworking Machine Market is Segmented on the basis of type, Operating Principle, End User, and Application

By Type, Thickness planer segment is expected to dominate the market during the forecast period

• Specifically, the cross-cutting band segment is expected to reign supreme in the woodworking machine market through the said period due to the thickness planer segment. These machines are needed to provide equal thickness and consistent surface finish in the woods required – making these essential for accurate work on woods. Manufacturers of furniture, cabinets, and floors cannot do without thickness planers because they improve the quality of the final product and its appearance.
• In addition, there is new technological solution in thickness planing that include; automated thickness planer, which is more accurate, faster and less wastage. Since there is always a slow gradual increase in the demand for custom wood products, the use of thickness planers is bound to go up. This position is further extended by high efficiency of the segment and by availability of products and services adapted for both large encumbered industrial consumers and small private workshops.

By Operating Principle, Mechanical segment expected to held the largest share

• The mechanical operating principle segment is predicted to account for the largest market share in woodworking machines. Mechanical woodworking machines are preferred due to hardness, no constant breakdown, and cheaper compared to other woodworking machinery suitable for the small to medium enterprises. These machines are particularly good for applications where a certain level of performance is needed over a long period and where maintenance may also be simpler than with electronic machines.
• Furthermore, mechanical machines are alsoused in the developing nations since the infrastructure and power necessities required in the operation of the electronic machines may not be available. These characteristics make the segment to remain relevant in the global market with abilities to withstand various conditions to meet the growing needs of wood-processing industries.

Woodworking Machine Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• However, Asia-Pacific is anticipated to be leading the woodworking machine market in 2023 due to progessively growing construction, furniture production and infrastructure sectors. Suppliers like China, India and Japan contributes significantly as their industries are more developed and urbanization is rising on a rapid pace. It will be apparent from Fig. 3 that in 2023, the Asia-Pacific region will have a market share of about 38 % because this region leads in both the production and consumption of woodworking machines. Government policies, rising capital expenditure on production plants, and ready availability of human talent extend the region’s dominance. High growth rates of the industrial sector and the increasing need for premium, high-quality wooden products place Asia-Pacific at the center of the future development.

Active Key Players in the Woodworking Machine Market:

• Biesse Group (Italy)
• Cantek (Canada)
• Felder Group (Austria)
• Grizzly Industrial (USA)
• HOLZ-HER (Germany)
• Homag Group (Germany)
• IMA Schelling Group (Austria)
• Martin Woodworking Machines Corp. (USA)
• Paolino Bacci (Italy)
• SCM Group (Italy)
• Shanghai Yugong Woodworking Machinery Co., Ltd. (China)
• Stiles Machinery (USA)
• Taizhou Guolin Machinery Co., Ltd. (China)
• WEINIG Group (Germany)
• Woodworking Machinery Company (WMC) (UK)
• Other Active Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Woodworking Machine Market by Type
 4.1 Woodworking Machine Market Snapshot and Growth Engine
 4.2 Woodworking Machine Market Overview
 4.3 Thickness planer
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Thickness planer: Geographic Segmentation Analysis
 4.4 Grinding machines
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Grinding machines: Geographic Segmentation Analysis
 4.5 Chain/chisel mortise
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Chain/chisel mortise: Geographic Segmentation Analysis
 4.6 Routers
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Routers: Geographic Segmentation Analysis
 4.7 Others (saw
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Others (saw: Geographic Segmentation Analysis
 4.8 drills
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 drills: Geographic Segmentation Analysis
 4.9 etc.)
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 etc.): Geographic Segmentation Analysis

Chapter 5: Woodworking Machine Market by Operating Principle
 5.1 Woodworking Machine Market Snapshot and Growth Engine
 5.2 Woodworking Machine Market Overview
 5.3 Mechanical
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Mechanical: Geographic Segmentation Analysis
 5.4 Electric
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Electric: Geographic Segmentation Analysis

Chapter 6: Woodworking Machine Market by End User
 6.1 Woodworking Machine Market Snapshot and Growth Engine
 6.2 Woodworking Machine Market Overview
 6.3 Construction Industry
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Construction Industry: Geographic Segmentation Analysis
 6.4 Furniture Industry
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Furniture Industry: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Woodworking Machine Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions  
 7.2 BIESSE GROUP (ITALY)
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 CANTEK (CANADA)
 7.4 FELDER GROUP (AUSTRIA)
 7.5 GRIZZLY INDUSTRIAL (USA)
 7.6 HOLZ-HER (GERMANY)
 7.7 HOMAG GROUP (GERMANY)
 7.8 IMA SCHELLING GROUP (AUSTRIA)
 7.9 MARTIN WOODWORKING MACHINES CORP. (USA)
 7.10 PAOLINO BACCI (ITALY)
 7.11 SCM GROUP (ITALY)
 7.12 SHANGHAI YUGONG WOODWORKING MACHINERY CO. LTD. (CHINA)
 7.13 STILES MACHINERY (USA)
 7.14 TAIZHOU GUOLIN MACHINERY CO. LTD. (CHINA)
 7.15 WEINIG GROUP (GERMANY)
 7.16 WOODWORKING MACHINERY COMPANY (WMC) (UK)
 7.17 OTHER ACTIVE PLAYERS

Chapter 8: Global Woodworking Machine Market By Region
 8.1 Overview
 8.2. North America Woodworking Machine Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
  8.2.4.1 Thickness planer
  8.2.4.2 Grinding machines
  8.2.4.3 Chain/chisel mortise
  8.2.4.4 Routers
  8.2.4.5 Others (saw
  8.2.4.6 drills
  8.2.4.7 etc.)
  8.2.5 Historic and Forecasted Market Size By Operating Principle
  8.2.5.1 Mechanical
  8.2.5.2 Electric
  8.2.6 Historic and Forecasted Market Size By End User
  8.2.6.1 Construction Industry
  8.2.6.2 Furniture Industry
  8.2.7 Historic and Forecast Market Size by Country
  8.2.7.1 US
  8.2.7.2 Canada
  8.2.7.3 Mexico
 8.3. Eastern Europe Woodworking Machine Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
  8.3.4.1 Thickness planer
  8.3.4.2 Grinding machines
  8.3.4.3 Chain/chisel mortise
  8.3.4.4 Routers
  8.3.4.5 Others (saw
  8.3.4.6 drills
  8.3.4.7 etc.)
  8.3.5 Historic and Forecasted Market Size By Operating Principle
  8.3.5.1 Mechanical
  8.3.5.2 Electric
  8.3.6 Historic and Forecasted Market Size By End User
  8.3.6.1 Construction Industry
  8.3.6.2 Furniture Industry
  8.3.7 Historic and Forecast Market Size by Country
  8.3.7.1 Russia
  8.3.7.2 Bulgaria
  8.3.7.3 The Czech Republic
  8.3.7.4 Hungary
  8.3.7.5 Poland
  8.3.7.6 Romania
  8.3.7.7 Rest of Eastern Europe
 8.4. Western Europe Woodworking Machine Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
  8.4.4.1 Thickness planer
  8.4.4.2 Grinding machines
  8.4.4.3 Chain/chisel mortise
  8.4.4.4 Routers
  8.4.4.5 Others (saw
  8.4.4.6 drills
  8.4.4.7 etc.)
  8.4.5 Historic and Forecasted Market Size By Operating Principle
  8.4.5.1 Mechanical
  8.4.5.2 Electric
  8.4.6 Historic and Forecasted Market Size By End User
  8.4.6.1 Construction Industry
  8.4.6.2 Furniture Industry
  8.4.7 Historic and Forecast Market Size by Country
  8.4.7.1 Germany
  8.4.7.2 UK
  8.4.7.3 France
  8.4.7.4 The Netherlands
  8.4.7.5 Italy
  8.4.7.6 Spain
  8.4.7.7 Rest of Western Europe
 8.5. Asia Pacific Woodworking Machine Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
  8.5.4.1 Thickness planer
  8.5.4.2 Grinding machines
  8.5.4.3 Chain/chisel mortise
  8.5.4.4 Routers
  8.5.4.5 Others (saw
  8.5.4.6 drills
  8.5.4.7 etc.)
  8.5.5 Historic and Forecasted Market Size By Operating Principle
  8.5.5.1 Mechanical
  8.5.5.2 Electric
  8.5.6 Historic and Forecasted Market Size By End User
  8.5.6.1 Construction Industry
  8.5.6.2 Furniture Industry
  8.5.7 Historic and Forecast Market Size by Country
  8.5.7.1 China
  8.5.7.2 India
  8.5.7.3 Japan
  8.5.7.4 South Korea
  8.5.7.5 Malaysia
  8.5.7.6 Thailand
  8.5.7.7 Vietnam
  8.5.7.8 The Philippines
  8.5.7.9 Australia
  8.5.7.10 New Zealand
  8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Woodworking Machine Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
  8.6.4.1 Thickness planer
  8.6.4.2 Grinding machines
  8.6.4.3 Chain/chisel mortise
  8.6.4.4 Routers
  8.6.4.5 Others (saw
  8.6.4.6 drills
  8.6.4.7 etc.)
  8.6.5 Historic and Forecasted Market Size By Operating Principle
  8.6.5.1 Mechanical
  8.6.5.2 Electric
  8.6.6 Historic and Forecasted Market Size By End User
  8.6.6.1 Construction Industry
  8.6.6.2 Furniture Industry
  8.6.7 Historic and Forecast Market Size by Country
  8.6.7.1 Turkiye
  8.6.7.2 Bahrain
  8.6.7.3 Kuwait
  8.6.7.4 Saudi Arabia
  8.6.7.5 Qatar
  8.6.7.6 UAE
  8.6.7.7 Israel
  8.6.7.8 South Africa
 8.7. South America Woodworking Machine Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
  8.7.4.1 Thickness planer
  8.7.4.2 Grinding machines
  8.7.4.3 Chain/chisel mortise
  8.7.4.4 Routers
  8.7.4.5 Others (saw
  8.7.4.6 drills
  8.7.4.7 etc.)
  8.7.5 Historic and Forecasted Market Size By Operating Principle
  8.7.5.1 Mechanical
  8.7.5.2 Electric
  8.7.6 Historic and Forecasted Market Size By End User
  8.7.6.1 Construction Industry
  8.7.6.2 Furniture Industry
  8.7.7 Historic and Forecast Market Size by Country
  8.7.7.1 Brazil
  8.7.7.2 Argentina
  8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research