
Global Woodworking Machinery Market Dynamics, Market Size, And Opportunity Forecast To 2030
Report ID: MS-2519 | Machinery and Equipment | Last updated: Feb, 2025 | Formats*:

Woodworking Machinery Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2024 |
Growth Rate | CAGR of 7.55% |
Forecast Value (2030) | USD 6.8 Billion |
By Product Type | Furniture, Construction, Others (Shipbuilding) |
Key Market Players |
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By Region |
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Woodworking Machinery Market Trends
Growing demand for woodworking machinery can be attributed to the use of precision engineering, namely CNC machines, for the production of high-quality wood products. Customisation requirements from public and private sectors are critically pushing towards manufacturers providing precision saws and panel saw series for application in wooden materials. Increasing implementation of automation such as robots does contribute to safety and crimping down time- in other words, modern, advanced machinery. Some key trends reshaping the woodworking machinery market are innovations in wood finishing technologies and the digitalisation of design and production processes. Trends for customisation and personalisation are now being reinforced with augmented reality (AR) for training and design purposes. The market will see demand multiply as the construction and furniture industries grow, and home renovations become prevalent. With space constraints in mind, there's also an observable paradigm shift toward compact and space-efficient machines.Woodworking Machinery Market Leading Players
The key players profiled in the report are Cantek America Inc. (U.S.), KTCC WOODWORKING MACHINERY (Taiwan), IMA Schelling Group GmbH (Germany), Michael Weinig AG (Germany), A L Dalton Ltd. (U.K.), HOLYTEK INDUSTRIAL CORP. (Taiwan), Gongyou Group Co., Ltd. (China), Solidea Srl (Italy), Zhengzhou Leabon Machinery (China), Dürr Group (Germany), SCM Group (Italy), RS WOOD S.R.L. (Italy), Biesse Group (Italy), CKM (Taiwan), SOSN (China), Oliver Machinery Company (U.S.), SOCOMEC S.R.L. (Italy), Nihar Industries (India)Growth Accelerators
This market is primarily driven by the change in construction activities and the rising demand for custom and high-quality wood products. The development of the construction sector influences the demand for woodworking machines, as well as a growing market for parts such as doors, windows, and furniture. Consumers are more demanding for specific designs that require unique and good aesthetics, which will also result in the need for technology that will provide accuracy and efficiency in wood processing through new machinery. Moreover, the increasing trend for automation along with CNC technology in manufacturing units will also have a great impact on the eventual woodworking machinery market. Automation is a way to improve productivity and general efficiency but also produces highly engineered wooden furniture as well. The popularity of sustainable materials and environments has helped the growth of the market since factories are incorporating modern machinery to cut the waste of energy and material.Woodworking Machinery Market Segmentation analysis
The Global Woodworking Machinery is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Furniture, Construction, Others (Shipbuilding) . The Application segment categorizes the market based on its usage such as Lathe, Planer, Saw, Others (Radial Drills, Grinder, Jointer, Sanders). Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The woodworking machinery market's competitive terrain has both global leaders such as SCM Group, Biesse Group, Homag Group, and Weinig and many regional manufacturers in this arena. Product innovation, automation capacities, and precision engineering are the main parameters defining their respective competitive profiles, selling cutting-edge CNC machines, saws, and edge banders. The sector is gaining traction with the rising demand for automated woodworking solutions, particularly in furniture manufacturing, construction, and the interior design industries. The smaller and medium companies are also starting to carve their trucks in the market by providing economical and custom solutions for niche applications. AI-enabled cutting and IoT-based monitoring competition means that there is a rush among companies to invest maximum resources in R&D to stay ahead in the industry. Besides, strategic alliances, mergers and acquisitions, and entry into emerging markets add intensity to the competitive landscape, with manufacturers being keen on supplying the rising demand for efficient and sustainable woodworking machinery.Challenges In Woodworking Machinery Market
The woodworking machinery market is plagued with challenges in the form of high initial investments and maintenance for newer automated machinery. Most small- and medium-sized enterprises (SMEs) can hardly afford modern CNC machines and automated woodworking systems, which limit their market penetration. Due to price fluctuations of raw materials like steel and electronics, the production costs come under strain, making it difficult for the manufacturers to sustain competitive pricing. Another challenge is the shortage of skilled labour; operating advanced woodworking machines requires technical know-how. Increasing environmental regulations with regard to wood sourcing and waste disposal now push the industry to adopt sustainable practices. Adding further pressure for established players to differentiate their products on the grounds of innovation and value-added services, the competition from inexpensive imports and the booming second-hand machine markets are some of the causes.Risks & Prospects in Woodworking Machinery Market
The woodworking machinery market has countless opportunities that have been influenced by several important trends. Notably, the demand for customised furniture and design ideas has inspired manufacturers to pour money into machines like CNC routers and laser cutting machines. These machines allow for very accurate and complicated designs to satisfy the growing market for non-standard and personalised wood products. This clearly is a terrific opportunity for those manufacturers who can provide more versatile yet technologically advanced woodworking machinery. The construction industry continues to flourish, especially in developing economies, increasing the demand for woodworking machinery used in applications like framing, flooring, and cabinetry. Such trends offer lots of growth prospects for manufacturers of woodworking machinery that can provide efficient and eco-friendly solutions to the construction sector.Key Target Audience
, As such, important targets are furniture manufacturers, carpentry shops, and construction firms requiring high-precision cutting, shaping, and finishing tools. Also, industries engaged in mass processing of timber, such as plywood, flooring, and cabinetry manufacturing, are also dependent on advanced machinery to ensure efficiency and automation. DIY users and small woodworkers also add to the market demand for compact and affordable machines for personal or small-business use., Another key target group is machinery distributors and suppliers, as well as retailers supplying industrial and commercial industries of woodworking. Almost all research institutes and technical training colleges have their hands in furthering wood technology and training skilled manpower. Investors and business strategists also keep a close watch on trends in the market, as automation, smart technology, and sustainability drive the demand for innovative woodworking machinery.Merger and acquisition
The woodworking machinery market remains in a constant state of activity with mergers and acquisitions as companies seek to establish and reinforce their market position and bolster their offerings. For example, in January 2024, Biesse acquired Gravellona Machine Marmo, stone-cutting machine manufacturers for the stone industry. The increasing expansion of the construction industry is also deemed to further ship the woodworking machinery market. The other companies involved in the woodworking machinery market include Dürr Systems GmbH & Co. KG, MSC Industrial Supply Co., Robland Corporation, SCM Group SPA, Michael Weinig AG, and HOMAG Group AG. These and other companies are operating in a fast-growing market projected to reach $43.52 billion by 2028. In this environment, where strategic moves are critical to maintaining a competitive position, mergers and acquisitions are especially important. >Analyst Comment
The global woodworking machinery market is experiencing substantial growth as a result of rising demand for wooden furniture and construction activities. The market was valued at USD 4.86 billion in 2023 and is projected to grow from USD 5.03 billion in 2024 to USD 7.77 billion by 2032. Growth is aided by new technologies bringing in more efficiency and precision in wood processing. Among the key trends set to drive this market, the rise in construction and real estate projects, along with increasing demand from the furniture-manufacturing industry, will be given consideration; popularity for craftsmanship and artisanal woodwork is gaining. Manufacturing from North America and the Asia-Pacific region will be the major revenue-generating territories due to increasing automation, booming construction projects, and growing customer requirements.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Woodworking Machinery- Snapshot
- 2.2 Woodworking Machinery- Segment Snapshot
- 2.3 Woodworking Machinery- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Woodworking Machinery Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Furniture
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Construction
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Others (Shipbuilding)
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
5: Woodworking Machinery Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Lathe
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Planer
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Saw
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
- 5.5 Others (Radial Drills
- 5.5.1 Key market trends, factors driving growth, and opportunities
- 5.5.2 Market size and forecast, by region
- 5.5.3 Market share analysis by country
- 5.6 Grinder
- 5.6.1 Key market trends, factors driving growth, and opportunities
- 5.6.2 Market size and forecast, by region
- 5.6.3 Market share analysis by country
- 5.7 Jointer
- 5.7.1 Key market trends, factors driving growth, and opportunities
- 5.7.2 Market size and forecast, by region
- 5.7.3 Market share analysis by country
- 5.8 Sanders)
- 5.8.1 Key market trends, factors driving growth, and opportunities
- 5.8.2 Market size and forecast, by region
- 5.8.3 Market share analysis by country
6: Woodworking Machinery Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 Biesse Group (Italy)
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Michael Weinig AG (Germany)
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Dürr Group (Germany)
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 SCM Group (Italy)
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 A L Dalton Ltd. (U.K.)
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 RS WOOD S.R.L. (Italy)
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Oliver Machinery Company (U.S.)
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 CKM (Taiwan)
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Cantek America Inc. (U.S.)
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 IMA Schelling Group GmbH (Germany)
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 SOSN (China)
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
- 8.12 KTCC WOODWORKING MACHINERY (Taiwan)
- 8.12.1 Company Overview
- 8.12.2 Key Executives
- 8.12.3 Company snapshot
- 8.12.4 Active Business Divisions
- 8.12.5 Product portfolio
- 8.12.6 Business performance
- 8.12.7 Major Strategic Initiatives and Developments
- 8.13 Solidea Srl (Italy)
- 8.13.1 Company Overview
- 8.13.2 Key Executives
- 8.13.3 Company snapshot
- 8.13.4 Active Business Divisions
- 8.13.5 Product portfolio
- 8.13.6 Business performance
- 8.13.7 Major Strategic Initiatives and Developments
- 8.14 Zhengzhou Leabon Machinery (China)
- 8.14.1 Company Overview
- 8.14.2 Key Executives
- 8.14.3 Company snapshot
- 8.14.4 Active Business Divisions
- 8.14.5 Product portfolio
- 8.14.6 Business performance
- 8.14.7 Major Strategic Initiatives and Developments
- 8.15 Gongyou Group Co.
- 8.15.1 Company Overview
- 8.15.2 Key Executives
- 8.15.3 Company snapshot
- 8.15.4 Active Business Divisions
- 8.15.5 Product portfolio
- 8.15.6 Business performance
- 8.15.7 Major Strategic Initiatives and Developments
- 8.16 Ltd. (China)
- 8.16.1 Company Overview
- 8.16.2 Key Executives
- 8.16.3 Company snapshot
- 8.16.4 Active Business Divisions
- 8.16.5 Product portfolio
- 8.16.6 Business performance
- 8.16.7 Major Strategic Initiatives and Developments
- 8.17 SOCOMEC S.R.L. (Italy)
- 8.17.1 Company Overview
- 8.17.2 Key Executives
- 8.17.3 Company snapshot
- 8.17.4 Active Business Divisions
- 8.17.5 Product portfolio
- 8.17.6 Business performance
- 8.17.7 Major Strategic Initiatives and Developments
- 8.18 HOLYTEK INDUSTRIAL CORP. (Taiwan)
- 8.18.1 Company Overview
- 8.18.2 Key Executives
- 8.18.3 Company snapshot
- 8.18.4 Active Business Divisions
- 8.18.5 Product portfolio
- 8.18.6 Business performance
- 8.18.7 Major Strategic Initiatives and Developments
- 8.19 Nihar Industries (India)
- 8.19.1 Company Overview
- 8.19.2 Key Executives
- 8.19.3 Company snapshot
- 8.19.4 Active Business Divisions
- 8.19.5 Product portfolio
- 8.19.6 Business performance
- 8.19.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
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By Application |
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Frequently Asked Questions (FAQ):
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