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Mortiser Market

Market Insights on Mortiser covering sales outlook, demand forecast & up-to-date key trends

Mortiser Market by Product, Sales Channel, End-Use & Region - Forecast 2022 - 2032

Mortiser Market Outlook (2022-2032)

The global mortiser market is estimated to register growth at a CAGR of 3% to 4% over the forecast period 2022-2032. Growing emphasis on the introduction of advanced woodworking machines such as mortiser and increasing availability of these equipments on online platforms is expected to facilitate the growth in the market.

Report Attribute

Details

Mortiser Market Projected Growth Rate (2022-2032)

3% to 4% CAGR

Mortiser, also known as mortising machine, is a type of woodworking equipment that specializes in drilling and recess cutting operations. This woodworking equipment is increasingly used to cut or drill rectangular, circle, or square-shaped holes in the piece of wood that enables the operator to create a mortise hole in tenon and mortise joints.

Mortising machines have emerged as one of the most sought-after equipment in the woodworking industry, especially amongst small and medium-sized enterprises, owing to their ability to handle large pieces of wood. Thus, increasing number of carpenters and hobbyists and rising adoption of woodworking tools such as mortiser owing to their excellent precision and top-notch operational quality is favoring the growth in the market.

Increasing rehabilitation activities across commercial and residential sectors, especially within developing economies such as Australia, China, Brazil, India, Russia, and others are favoring the demand for advanced woodworking equipment such as mortising machines. In addition to this, growing customer inclination towards the adoption of wooden items, owing to their aesthetics, deep color, and captivating finish is further bolstering the sales of mortiser.

Which are Some Prominent Drivers Spearheading Mortiser Market Growth?

Mortise and tenon joint is a dynamic form of joining two wood pieces together. It has been used for centuries across the world for diverse applications, from building bridges to furniture construction. These types of attachments are gaining immense popularity across the woodworking industry, owing to their benefits such as cost-effectiveness, watertight, less risk of wood cracking, and strong joint.

Mortiser is used for drilling or cutting holes of required shape such as square, rectangle, or circle for making mortise and tenon joints. Hence, increasing adoption of this joining technique for making wooden tables, windows, chairs, doors frame, and other furniture items are estimated to spur the sales of mortiser in the market.

Also, the trend of urbanization is rapidly spurring worldwide, resulting in accelerating infrastructure development and construction activities, especially across countries such as the U.S., China, India Germany, Australia, and others. Thus, governments in numerous countries are increasingly focusing on undertaking a number of initiatives to urbanize rural areas and upgrade the nation’s infrastructure.

For instance, according to the India Brand Equity Foundation, the Government of India has announced allocating around US$ 1.89 Billion under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) initiatives for supporting missions such as ‘Housing for All’ and ‘Smart Cities Mission.’ As woodworking tools such as mortiser are extensively used for making door and window frames during construction activities, such initiatives are estimated to augment the growth in the market.

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What are the Challenges Faced by the Mortiser Market?

Growing environmental concerns regarding sustainability are encouraging governments across the world to lay down several strict laws and regulations pertaining to deforestation.

For instance, the Government of the U.S. has implemented numerous laws such as the Lacey Act, the Wilderness Act, the National Environmental Policy, and others to protect the forest wood and lower the deforestation in the country. Thus, decreasing output of wood is hampering the sales of woodworking tools such as mortiser in the global market.

In addition to this, shifting customer inclination towards using drill press from mortiser due to its nerve-racking noise, assembly issues, and need for costly special bits is hindering the demand in the market.

 Why is North America Emerging as an Opportunistic Mortiser Market?

As per FMI, North America is anticipated to account for the largest share in the global mortiser market over the forecast period 2022-2032.

With increasing customer inclination towards adopting wooden furniture items such as tables, chairs, and closets and rising residential & commercial construction activities across countries such as the U.S. and Canada, demand for woodworking equipments such as mortiser has bolstered.

Thus, leading players in the market are increasingly aiming at launching novel products to capitalize on the growing equipment demand. For instance, Delta Power Equipment Corp., a leading manufacturer of woodworking machinery announced launching its new corded electric mortiser, Delta 14-651 1/2", with easy access to drill chuck for bit changing and adjustable rack. Such new product launches are projected to propel the demand for mortiser in the North America market.

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Principal Consultant
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How is Asia Pacific Excluding Japan Contributing to the Growth of the Mortiser Market?

Future Market Insights states that Asia Pacific excluding Japan is projected to emerge as a highly lucrative market for mortiser between 2022 and 2032.

Prominence of plywood is rapidly increasing across the packaging industry, on account of its numerous benefits such as significant mechanical strength, lightweight, low cost as compared to pure wood, aesthetic appearance, and reusability.

Attributed to this, plywood-made boxes are increasingly being used for storing and transporting larger fruits, machines, and fragile products across countries such as China, India, and Australia among others. As mortisers are used to make plywood boxes, increasing applications of these packaging are anticipated to augment the sales in the Asia Pacific excluding Japan market.

Market Competition

Some of the prominent players in the global mortiser market are Delta Power Equipment Corp, China National Building Material Group, Felder Group, Y?lmaz Makine, Wadkin Woodworking Machines, Rockler, OAV Equipment and Tools, CHANG TYPE Industrial, SCM Group, Holzmann-maschinen, and others.

Attributed to the increasing high performance product launches and presence of such high number of participants, the market is highly competitive.

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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3% to 4% from 2022 to 2032

Base Year for Estimation

2021

Historical Data

2015-2020

Forecast Period

2022-2032

Quantitative Units

Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Product
  • Sales Channel
  • End Use Industry
  • Region

Countries Covered

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Key Companies Profiled

  • Delta Power equipment Corp
  • China National Building Material Group
  • Felder Group
  • Y?lmaz Makine
  • Wadkin Woodworking Machines
  • Rockler
  • OAV Equipment and Tools
  • CHANG TYPE Industrial
  • SCM Group
  • Holzmann-maschinen

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Key Segments Profiled in the Mortiser Market Survey

By Product:

  • Square Chisel or Hollow Chisel Mortiser
  • Horizontal Mortiser or Slot Mortiser
  • Chain Mortiser

By Sales Channel:

  • Online
  • Offline (Retailers or Distributors)

By End Use Industry:

  • Construction Industry
  • Packaging Industry

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East and Africa

Frequently Asked Questions

FMI projects the sales of mortiser in the market is expected to rise at a CAGR of 3% to 4% value CAGR by 2032.

The global mortiser market is expected to be dominated by Asia Pacific excluding Japan over the forecast period 2022-2032.

Delta Power equipment Corp, China National Building Material Group, Felder Group, Yılmaz Makine, Wadkin Woodworking Machines, Rockler, OAV Equipment and Tools, CHANG TYPE Industrial, SCM Group, Holzmann-maschinen, and others some of the leading players in the prominent mortiser market.

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Nikhil Kaitwade
Principal Consultant
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