Woodworking Machinery Market

Woodworking Machinery Market Analysis by Lathes, Planers, Saws, and Grinding Machines for Furniture, Construction, Shipbuilding, and Locomotives from 2023 to 2033

Analysis of Woodworking Machinery Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Woodworking Machinery Market Growth Outlook (2023 to 2033)

The global woodworking machinery market is valued at US$ 5.2 billion in 2023 and is expected to reach US$ 8 billion by 2033. This is because worldwide sales of woodworking machinery are forecasted to increase at a CAGR of 4.5% during the next 10 years. Growing use of automated woodworking equipment and precision engineering in manufacturing is expected to drive the demand for woodworking machinery.

Wood is cut, sawed, planed, or drilled using specific tools called woodworking machines in workshops to make furniture or other finished products. Small-scale commercial production facilities that are primarily focused on timber products use woodworking machines.

Woodworking machines can be divided into two groups: stationary machines, in which the material or wood is fixed and the device is moved over it to produce the desired shape; and non-stationary machines, in which the material is mobile but the machine is moved over it. A few examples of finished goods include doors, windows, slabs, and boards.

Lathes, planers, saws, and grinding machines are some of the types of woodwork machines. Global demand for planers is expected to increase at a CAGR of 5% from 2023 to 2033. Lightweight planer machines are in high demand because of their high efficiency. Compared to old planning machines, recently advanced planers are available with lots of features, and most can be operated automatically.

Advancements in the designs of planer machines are boosting sales growth. Companies with low budgets prefer to use manual planer machines. Thus, the planer being an essential machine in making wood products is utilized widely.

  • Sales of wood lathe machines are predicted to increase at a CAGR of 4% during the forecast period, mainly attributed to the availability of advanced CNC lathe machines and the increasing number of wood door manufacturing facilities.

A lathe is an effective instrument that can be used in numerous applications. The efficiency of this device is however influenced by several external variables, beginning with its holding capacity. It must firmly secure the work item, ideally employing some sort of vice-clamping mechanism. For accurate measurements, this needs to be calibrated.

In the next ten years, it's anticipated that developments in technologies such as next-generation computer numerical controls (CNC), breakthroughs in CNC programming, virtual reality, CNC intelligence, automation, and 3D printing would increase demand for lathe machines.

Prefabricated wooden homes are becoming widely popular. Cross-laminated timber (CLT) is being heavily emphasized by manufacturers worldwide while creating wooden homes. The United States, Austria, Italy, France, and other countries are all seeing an increase in the popularity of wooden homes. Also, the growing demand for bespoke wooden items combined with a changing lifestyle is projected to fuel sales growth.

Report Attributes


Woodworking Machinery Market Size (2023E)

US$ 5.2 Billion

Forecasted Market Value (2033F)

US$ 8 Billion

Global Market Growth Rate (2023 to 2033)

4.5% CAGR

China Market Growth Rate (2023 to 2033)


Japan Market Growth Rate (2023 to 2033)

2.5% CAGR

Germany Market Growth Rate (2023 to 2033)


Canada Market Growth Rate (2023 to 2033)

3.5% CAGR

Key Companies Profiled

  • Andritz AG
  • Biesse SpA
  • Durr AG
  • Gala Gar SL
  • Hitachi Koki Co., Ltd.
  • IMA Schelling Group GmbH
  • Jji Kae Enterprise Co., Ltd.
  • Makita Corporation
  • Makor Srl
  • Metabowerke GmbH
  • Michael Weinig AG
  • Minda Industrieanlagen GmbH (MINDA Group)
  • Robert Bosch GmbH
  • SCM Group S.p.A.
  • Sorma Group
  • VOLLMER WERKE Maschinenfabrik GmbH

Which Factors are Positively Influencing Demand for Woodworking Devices?

“Steadily Increasing Demand for Wooden Homes”

Prefabricated wooden homes are becoming increasingly popular in the woodworking business since the reduced CO2 emissions from the timber material make them more environmentally friendly and energy-efficient. Prefabricated wooden homes boost production efficiency and utilize less material.

Given this, several constructors in Germany, the United States, the United Kingdom, Finland, etc., are actively selling prefabricated wood buildings such as bungalows, garages, storey houses, etc. The building industry is experiencing rapid economic growth in countries such as India. Thus, such aspects are generating several growth opportunities in the woodworking machinery market.

“Rising Demand for Wood CNC Machines”

Demand for woodworking power tools is increasing due to the blended alternative strategy, such as employing computerized numerical control (CNC) machines to aim for maximum precision in making superior quality wood products. Smart panel saw series and precision saws for wooden materials are offered by manufacturers such as IMA Schelling Group GmbH and Gongyou Group Co., Ltd. The manufacturers also underline the development brought about by the demand for customized timber items among several end users.

  • To cut down on travel time and improve machine quality on assembly lines, Biesse Group started automating 5-axis heads in its manufacturing line in 2019.

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Which Obstacles are Expected to Hinder Sales of Woodworking Machines?

“High Costs Associated With Advanced Woodworking Devices”

When handled incorrectly, traditional woodworking machinery used in the production of wooden products can be dangerous. Thus, health and safety must be prioritized in all industrial facilities. Workers' health is significantly impacted by risks such as exposure to unsafe machinery handling, sawdust, radiation, toxic coatings, and improper handling.

  • Circular or table saws are involved in about 35% of accidents occurred in wood product companies, according to the United Kingdom Health and Safety Executive (HSE).

Circular saws, table saws, planer activities, and other woodworking machinery have the worst safety records for employees. Also, automated woodworking machines are costly, and thus become unaffordable for small end-use verticals to employ them. All such factors are hampering sales of woodworking equipment to some extent.

Woodworking Machinery Market Forecast by Fact.MR

Country-wise Analysis

Why is Demand for Woodwork Devices High in Germany?

“Rapid Advancements in Woodworking Machines”

Germany is expected to emerge as a healthy market for woodworking machinery in the European region in the coming 10 years. Market players in Germany are anticipated to benefit from the rapid uptake of high-accuracy tools across the woodworking industry, which is being driven by the rising demand for high-end furniture products.

  • The Biturbo Saws, a new generation of CNC flagship product from Bosch, a multinational technology business based in Germany, has the largest cutting depth in their class at 70 millimetres.
  • These cordless saws exhibit enhanced cutting for any type of wood due to ProCore18V batteries. Demand for wood CNC machines in Germany is increasing as a result of advancements in woodworking devices.

Why is China a Lucrative Market for Woodworking Machinery Suppliers?

“Increasing Demand for Wooden Artefacts”

China is one of the top producers of woodworking machinery in the Asia Pacific region. Manufacturers with significant manufacturing capabilities and a reputable export market in China include Zhengzhou Leabon Machinery, Gongyou Group Co., Ltd., and HOLYTEK INDUSTRIAL CORP.

Key players in the woodworking machinery market such as IMA Schelling Group GmbH, Biesse Group, and others, are reorganizing their business plans to emphasize smart manufacturing and modernizing current production procedures in China.

The country's need for wooden artifacts, sculptures, tables, and other wooden items is boosting due to the quickly growing commercial sector and the rising number of hotels and resorts, restaurants, and corporate offices. Sales of high-precision woodworking tools such as wood carving equipment, engraving instruments, wood router machines, and insert knives are also increasing due to rising investments in the commercial sector.

What is Augmenting the Sales of Woodworking Machines in the United States?

“Rising Trend of Automation and Growing Demand for Wooden Homes”

The United States is holding a dominant position in the North American market. Some woodworking machine manufacturers are developing cutting-edge and inventive high-precision equipment as the trend of automation continues to make deeper inroads across the industrial sector.

Wood processing players are employing CNC woodworking machines for various applications, including drilling, cutting, and milling, to reduce operational costs and mistake rates. These tools successfully improve product quality, boosting sales growth across the country. Also, rising American demand for wooden homes and high-end furnishings is anticipated to increase sales of woodwork equipment.

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Category-wise Analysis

Why are Woodworking Devices Highly Utilized in Furniture Manufacturing Companies?

“Increasing Demand for Wooden Furniture from Residential & Commercial Sectors”

Increasing demand for engineered wood and wooden furniture is driving considerable growth in the woodworking machinery market. The increasing rate of residential and commercial structures as well as the rising preference of owners to purchase wooden furniture for their buildings to have an appealing appearance is driving sales of woodworking machinery.

A majority of industrial facilities are moving towards automation, which boosts overall effectiveness and productivity and is expected to accelerate the development of woodworking equipment in the coming decade. In recent years, it has become popular for homeowners to replace their outdated furniture to renovate their homes or offices. Both emerging and developed countries experience high demand for woodworking devices due to rising demand for high-quality wooden products.

Competitive Landscape

According to Fact.MR, a market research and competitive intelligence provider, rising demand for wooden houses and wooden furniture across the world is generating potential opportunities in the market for woodworking machinery. Increasing demand for customized wooden products is enabling manufacturers of woodworking machines to earn more.

Leading companies in the woodworking machinery market are concentrating on implementing Industry 4.0, digitization, and Industrial Internet of Things (IIoT) metrics to meet the specific expectations of end users.

  • The ‘Institute for Advanced Woodworking’ was opened in Northern India in September 2021 due to BIESSE GROUP's collaboration with the KIET Group of Institutions. It seeks to offer the education and professional development that workers in the woodworking sector need.
  • SCM Group took part in ‘WoodTech’, a trade show for the Turkish woodworking industry, in October 2021. This manufacturer unveiled a selection of cutting-edge woodworking applications specifically chosen for the Turkish market.

Know thy Competitors

Competitive landscape highlights only certain players
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Key Segments of Woodworking Machinery Industry Research

  • By Product :

    • Lathes
    • Planers
    • Saws
    • Grinding Machines
  • By Operating Type :

    • Mechanical
    • Electrical
  • By Application :

    • Furniture
    • Construction
    • Shipbuilding
    • Locomotives
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

How much is the woodworking machinery market valued in 2023?

The global woodworking machinery market stands at US$ 5.2 billion in 2023.

What will be the value of the market for woodworking machinery by 2033?

Worldwide demand for woodworking machinery is projected to reach US$ 8 billion by 2033.

What is the estimated growth rate of the market for woodworking machinery?

Sales of woodworking machinery are expected to rise at a CAGR of 4.5% from 2023 to 203.

What are the key industry trends in the market for woodworking machinery?

Increasing demand for wooden furniture and rising automation in products are key factors driving market expansion.

Who are the key woodworking machinery companies?

Andritz AG, Biesse SpA, and Durr AG are some of the leading players in this market.

Woodworking Machinery Market

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