Revenue from the global woodworking circular saw blades market is predicted to rise at a CAGR of 4.4% from 2022 to 2029, which stands at a valuation of USD 50.4 Million in 2022. Shipments of woodworking circular saw blades are estimated to account for a net worth of USD 68.3 Million by 2029.
Attribute | Details |
---|---|
Woodworking Circular Saw Blades Market Size (2022) | USD 50.4 Million |
Predicted Market Revenue (2029) | USD 68.3 Million |
Forecasted Growth Rate (2022 to 2029) | 4.4% CAGR |
Europe Market Share (2022) | 28.3% |
Sales of woodworking circular saw blades account for 8% share of the global woodworking tools market at present. Demand for circular saws has gained impetus over the past few years due to their improved precision capabilities and low cost.
DIY projects have been extensively popular in the modern digital age, and this has driven demand for woodworking circular saws, which, in turn, is driving woodworking circular saw blade sales as well.
Market Statistics | Details |
---|---|
H1,2021 (A) | 4.0% |
H1,2022 Projected (P) | 4.2% |
H1,2022 Outlook (O) | 4.3% |
BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 10 ↑ |
BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 29 ↑ |
FMI presents a half-yearly comparison analysis and key insights about the growth outlook of the woodworking circular saw blades market. Global urbanization and industrialization have raised demand for circular saw blades used in the woodworking industry. Circular saw blade usage for woodworking has been significantly impacted by shifting lifestyle habits around the world.
According to FMI analysis, the variation between the BPS values observed in the Woodworking Circular Saw Blades market in H1, 2022-Outlook over H1, 2022-Project reflects a rise of 10 units. Moreover, compared to H1, 2021, the market is expected to rise by 29 BPS in H1 2022.
The global market for woodworking circular saw blades has been greatly impacted by technological improvements and product developments. Circular saw blade sales for woodworking are anticipated to benefit in the near future from the increasing profusion of new technology in industries.
Global industrialization has accelerated, and economies like India and China, in particular, have tremendous potential. The need for building new homes and businesses is rising along with the global population, which has a significant impact on the market for woodworking circular saw blades. In recent years, tools with diamond coatings have become more popular than those with carbide coatings because they provide greater abrasion resistance and longer tool life, impacting the market growth.
Urbanization and industrialization on a global scale have resulted in increased demand for woodworking circular saw blades. Changing lifestyle trends across the world have also substantially impacted the consumption of woodworking circular saw blades.
Sales of woodworking circular saw blades accounted for a net worth of USD 38.1 Million in 2014 and rose at a CAGR of 3.5% and attained a valuation of USD 48.4 Million by the end of 2021.
Increasing scope of application across multiple industry verticals like automotive, building & construction, etc. is expected to be a prominent factor that is anticipated to propel market potential in the forthcoming years.
Technological advancements and product developments have significantly influenced the woodworking circular saw blades market across the world. Rising proliferation of advanced technologies in industries is expected to aid woodworking circular saw blade sales in near future.
Shipments of woodworking circular saw blades from 2022 to 2029 are estimated to rise at a 4.4% CAGR.
Increased Industrialization and Rising Construction Activity to Guide Woodworking Circular Saw Blade Demand
Industrialization has increased across the world and especially it has seen immense potential in economies like India and China. The population of the world is increasing and so is the demand for construction of residential and commercial structures which in turn is majorly influencing the woodworking circular saw blades marketplace. Woodworking circular saw blade manufacturers are launching new and advanced circular saws for the aforementioned applications.
Popular Mechanics in an article stated that Bosch’s GKS18V-25GC Circular Saw is one of the best that they have ever tested. With amazing accuracy and factory standard 24-tooth blade, this circular saw is already counted among the best and should emerge as a popular choice in construction and furniture industry for its nimble precision and accuracy statistics.
Rising Popularity of Diamond-coated Tools to Hinder Market Growth Potential
In recent times, diamond-coated tools have gained popularity over carbide-coated tools as they offer higher abrasion resistance and longer tool life. This is expected to adversely affect woodworking circular saw blade shipments over the forecast.
However, the high cost of diamond-coated tools is a hurdle that manufacturers haven’t figured out which is a relief for carbide-coated tool manufacturers. So for now diamond-coated tools have a minimal impact but this could change over the coming years as prices of these tools get competitive.
East Asian and South Asian Regions Anticipated to See High Demand for Woodworking Circular Saw Blades
The global woodworking circular saw blades industry analysis provides detailed insights across multiple geographies such as North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa (MEA).
The North America woodworking circular saw blades market accounts for a share of 23.7% of the global woodworking circular saw blades industry in 2022. Increased use of wood in commercial and residential building applications has been a major influential factor for woodworking circular saw blades consumption in this region.
Sales of woodworking circular saw blades in Europe are expected to be primarily driven by increased reconstruction and remodeling activities in this region. Renovation of old structures, new construction activities, etc. are some other factors that would be crucial in the European woodworking circular saw blades industry which currently holds a significant market share of 28.3% in the global marketplace.
Woodworking circular saw blades are expected to see high demand from regions such as South Asia, East Asia, and the Pacific. These regions are expected to prove highly lucrative for woodworking circular saw blade suppliers. Increased construction activities in the residential, as well as commercial sectors in these regions, is anticipated to majorly drive woodworking circular saw blades demand in the aforementioned regions.
Increasing Scope for Residential and Commercial Application of Circular Woodworking Saws
With being one of the foremost economies of the world, the USA offers extremely lucrative opportunities in its residential and commercial construction sectors as it is a highly popular real estate market. High spending potential propels demand for circular saws for fine woodworking in the USA
Increasing number of immigrants in the USA are also expected to drive up the demand for construction of new structures which subsequently propels woodworking circular saw blade sales.
Changing Lifestyle Trends Expected to Propel Demand for Fine Woodworking
Rising disposable income in India has led to some major changes in lifestyle trends over the past years and is expected to shape demand for circular saws for fine woodworking. Lifestyle changes have led to an increase in renovations and a high standard of living has given impetus to fine woodworking.
Increasing demand for premium furniture from commercial and residential sectors is expected to guide woodworking circular saw blades demand in India over the forecast.
Offline Sales of Woodworking Saws to Lose Market Share to Online Sales by 2029
Offline mode currently dominates woodworking circular saw blade sales and is anticipated to hold this stance over the next few years as well. Increasing digitization is expected to come into play and increase the share of online sales with rising preference of consumers for online shopping and increasing use of e-Commerce platforms.
However, both sales channels are expected to contribute significantly to the global revenues as the product portfolio is expanded by woodworking circular saw blade suppliers to boost sales.
Woodworking circular saw blade manufacturers are investing in the research and development of more advanced and efficient tools that make woodworking a task of ease. Woodworking circular saw blade companies are also focusing on launching new products to expand their product portfolios and maximize sales via increasingly popular online channels.
Attribute | Details |
---|---|
Forecast Period | 2022 to 2029 |
Historical Data Available for | 2014 to 2021 |
Market Analysis | USD Million for Value |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East & Africa (MEA) |
Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, UK, France, Spain, Italy, China, Japan, South Korea, India, Indonesia, Malaysia, Singapore, Australia, New Zealand, Turkey, South Africa, and GCC Countries |
Key Market Segments Covered | Mode of Operation, Distribution Channel, Blade Type, Diameter, End-use Industry, Region |
Key Companies Profiled | Freud SpA; Robert Bosch GmbH; Stanley Black and Decker; Tenryu Saw Mfg. Co. Ltd.; Hilti Corporation; DEWALT; HiKOKI; Diablo Tools; Stark S.p.A.; August Blecher KG; C.M.T. Utensili SpA; Karnasch Professional Tools GmbH; Kinkelder BV; PILANA Group a.s.; Amana Tool Corporation; Breton S.p.A; Laguna Tools; Dimar Group; Homag Group |
Pricing | Available upon Request |
Table 01: North America Market Size (US$ Mn) and Volume (Units) Forecast by Country, 2013 – 2028
Table 02: North America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Mode of Operation
Table 03: North America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Blade Type
Table 04: North America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Distribution Channel
Table 05: North America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by End Use Industry
Table 06: Europe Market Size (US$ Mn) and Volume (Units) Forecast by Country, 2013 – 2028
Table 07: Europe Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Mode of Operation
Table 08: Europe Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Blade Type
Table 09: Europe Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Distribution Channel
Table 10: Europe Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by End Use Industry
Table 11: South America Market Size (US$ Mn) and Volume (Units) Forecast by Country, 2014 – 2029
Table 12: South America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Mode of Operation
Table 13: South America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Blade Type
Table 14: South America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Distribution Channel
Table 15: South America Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by End Use Industry
Table 16: Asia Pacific Market Size (US$ Mn) and Volume (Units) Forecast by Country, 2013 – 2028
Table 17: Asia Pacific Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Mode of Operation
Table 18: Asia Pacific Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Blade Type
Table 19: Asia Pacific Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Distribution Channel
Table 20: Asia Pacific Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by End Use Industry
Table 21: MEA Market Size (US$ Mn) and Volume (Units) Forecast by Country, 2014 – 2029
Table 22: MEA Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Mode of Operation
Table 23: MEA Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Blade Type
Table 24: MEA Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by Distribution Channel
Table 25: MEA Market Value (US$ Mn) and Volume (Units) Historical Data 2014–2021 and Forecast 2022–2029 by End Use Industry
Table 26: Global Market Size (US$ Mn) and Volume (Units) Forecast by Region, 2014 – 2029
Table 27: Global Market Size (US$ Mn) and Volume (Units) Forecast by Blade Type, 2014 – 2029
Table 28: Global Market Size (US$ Mn) and Volume (Units) Forecast by Mode of Operation, 2014 – 2029
Table 29: Global Market Size (US$ Mn) and Volume (Units) Forecast by Diameter, 2014 – 2029
Table 30: Global Market Size (US$ Mn) and Volume (Units) Forecast by Distribution Channel, 2014 – 2029
Figure 01: North America Market Share and BPS Analysis by Country 2022 & 2029
Figure 02: North America Market Y-o-Y Growth Projections by Country, 2022 – 2029
Figure 03: North America Market Attractiveness Analysis by Country, 2022 – 2029
Figure 04: North America Market Absolute $ Opportunity by the U.S., 2014 to 2022 and 2029
Figure 05: North America Market Absolute $ Opportunity by Canada, 2014 to 2022 and 2029
Figure 06: North America Market Absolute $ Opportunity by the Mexico, 2014 to 2022 and 2029
Figure 07: North America Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 08: North America Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 09: North America Market Attractiveness by Mode of Operation, 2022-2029
Figure 10: North America Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 11: North America Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 12: North America Market Attractiveness by Blade Type, 2022-2029
Figure 13: North America Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 14: North America Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 15: North America Market Attractiveness by Distribution Channel, 2022-2029
Figure 16: North America Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 17: North America Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 18: North America Market Attractiveness by End Use Industry, 2022-2029
Figure 19: Europe Market Share and BPS Analysis by Country 2022 & 2029
Figure 20: Europe Market Y-o-Y Growth Projections by Country, 2022 – 2029
Figure 21: Europe Market Attractiveness Analysis by Country, 2022 – 2029
Figure 22: Europe Market Absolute $ Opportunity by the Germany , 2014 to 2022 and 2029
Figure 23: Europe Market Absolute $ Opportunity by France, 2014 to 2022 and 2029
Figure 24: Europe Market Absolute $ Opportunity by the Italy, 2014 to 2022 and 2029
Figure 25: Europe Market Absolute $ Opportunity by U.K, 2014 to 2022 and 2029
Figure 26: Europe Market Absolute $ Opportunity by the Russia, 2014 to 2022 and 2029
Figure 27: Europe Market Absolute $ Opportunity by Rest of Europe, 2014 to 2022 and 2029
Figure 28: Europe Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 29: Europe Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 30: Europe Market Attractiveness by Mode of Operation, 2022-2029
Figure 31: Europe Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 32: Europe Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 33: Europe Market Attractiveness by Blade Type, 2022-2029
Figure 34: Europe Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 35: Europe Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 36: Europe Market Attractiveness by Distribution Channel, 2022-2029
Figure 37: Europe Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 38: Europe Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 39: Europe Market Attractiveness by End Use Industry, 2022-2029
Figure 40: South America Market Share and BPS Analysis by Country 2022 & 2029
Figure 41: South America Market Y-o-Y Growth Projections by Country, 2021 – 2029
Figure 42: South America Market Attractiveness Analysis by Country, 2022 – 2029
Figure 43: South America Market Absolute $ Opportunity by the Brazil, 2014 to 2022 and 2029
Figure 44: South America Market Absolute $ Opportunity by Rest of South America, 2014 to 2022 and 2029
Figure 45: South America Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 46: South America Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 47: South America Market Attractiveness by Mode of Operation, 2022-2029
Figure 48: South America Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 49: South America Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 50: South America Market Attractiveness by Blade Type, 2022-2029
Figure 51: South America Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 52: South America Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 53: South America Market Attractiveness by Distribution Channel, 2022-2029
Figure 54: South America Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 55: South America Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 56: South America Market Attractiveness by End Use Industry, 2022-2029
Figure 57: Asia Pacific Market Share and BPS Analysis by Country 2022 & 2029
Figure 58: Asia Pacific Market Y-o-Y Growth Projections by Country, 2022 – 2029
Figure 59: Asia Pacific Market Attractiveness Analysis by Country, 2022 – 2029
Figure 60: Asia Pacific Market Absolute $ Opportunity by China , 2014 to 2022 and 2029
Figure 61: Asia Pacific Market Absolute $ Opportunity by Japan, 2014 to 2022 and 2029
Figure 62: Asia Pacific Market Absolute $ Opportunity by India, 2014 to 2022 and 2029
Figure 63: Asia Pacific Market Absolute $ Opportunity by South Korea, 2014 to 2022 and 2029
Figure 64: Asia Pacific Market Absolute $ Opportunity by ASEAN, 2014 to 2022 and 2029
Figure 65: Asia Pacific Market Absolute $ Opportunity by Oceania, 2014 to 2022 and 2029
Figure 66: Rest of Asia Pacific Market Absolute $ Opportunity by Rest of Asia Pacific, 2014 to 2022 and 2029
Figure 67: Asia Pacific Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 68: Asia Pacific Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 69: Asia Pacific Market Attractiveness by Mode of Operation, 2022-2029
Figure 70: Asia Pacific Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 71: Asia Pacific Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 72: Asia Pacific Market Attractiveness by Blade Type, 2022-2029
Figure 73: Asia Pacific Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 74: Asia Pacific Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 75: Asia Pacific Market Attractiveness by Distribution Channel, 2022-2029
Figure 76: Asia Pacific Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 77: Asia Pacific Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 78: Asia Pacific Market Attractiveness by End Use Industry, 2022-2029
Figure 79: MEA Market Share and BPS Analysis by Country 2022 & 2029
Figure 80: MEA Market Y-o-Y Growth Projections by Country, 2021 – 2029
Figure 81: MEA Market Attractiveness Analysis by Country, 2022 – 2029
Figure 82: MEA Market Absolute $ Opportunity by the GCC Countries , 2014 to 2022 and 2029
Figure 83: MEA Market Absolute $ Opportunity by Turkey, 2014 to 2022 and 2029
Figure 84: MEA Market Absolute $ Opportunity by the Egypt, 2014 to 2022 and 2029
Figure 85: MEA Market Absolute $ Opportunity by South Africa, 2014 to 2022 and 2029
Figure 86: MEA Market Absolute $ Opportunity by the Rest of MEA, 2014 to 2022 and 2029
Figure 87: MEA Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 88: MEA Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 89: MEA Market Attractiveness by Mode of Operation, 2022-2029
Figure 90: MEA Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 91: MEA Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 92: MEA Market Attractiveness by Blade Type, 2022-2029
Figure 93: MEA Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 94: MEA Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 95: MEA Market Attractiveness by Distribution Channel, 2022-2029
Figure 96: MEA Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 97: MEA Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 98: MEA Market Attractiveness by End Use Industry, 2022-2029
Figure 99: Global Market Share and BPS Analysis by Country 2022 & 2029
Figure 100: Global America Market Y-o-Y Growth Projections by Country, 2022 – 2029
Figure 101: Global Market Attractiveness Analysis by Country, 2022 – 2029
Figure 102: Global Market Share and BPS Analysis by Blade Type– 2022 & 2029
Figure 103: Global Market Y-o-Y Growth Projections by Blade Type, 2021-2029
Figure 104: Global Market Attractiveness by Blade Type, 2022-2029
Figure 105: Global Market Share and BPS Analysis by Mode of Operation – 2022 & 2029
Figure 106: Global Market Y-o-Y Growth Projections by Mode of Operation, 2021-2029
Figure 107: Global Market Attractiveness by Mode of Operation, 2022-2029
Figure 108: Global Market Share and BPS Analysis by End Use Industry– 2022 & 2029
Figure 109: Global Market Y-o-Y Growth Projections by End Use Industry, 2021-2029
Figure 110: Global Market Attractiveness by End Use Industry, 2022-2029
Figure 111: Global Market Share and BPS Analysis by Distribution Channel– 2022 & 2029
Figure 112: Global Market Y-o-Y Growth Projections by Distribution Channel, 2021-2029
Figure 113: Global Market Attractiveness by Distribution Channel, 2022-2029
Figure 114: Global Absolute $ Opportunity by North America, 2014 to 2022 and 2029
Figure 115: Global Absolute $ Opportunity by South America, 2014 to 2022 and 2029
Figure 116: Global Absolute $ Opportunity by Europe, 2014 to 2022 and 2029
Figure 117: Global Absolute $ Opportunity by Asia Pacific a, 2014 to 2022 and 2029
Figure 118: Global Absolute $ Opportunity by Middle East & Africa, 2014 to 2022 and 2029
Figure 119: Global Machine Tools Production Overview in 2021
Figure 120: Global Machine Tools Consumption Outlook in 2020
Figure 121: Global Nominal GDP Outlook in 2020
Figure 122: Global Machine Tools Production, 2013-2021
The global woodworking circular saw blades market is worth around USD 50.4 Million in 2022.
Woodworking circular saw blade companies such as Freud SpA, Robert Bosch GmbH, Stanley Black and Decker, Tenryu Saw Mfg. Co. Ltd., Hilti Corporation, and DEWALT are profiled in this research report.
Demand for woodworking circular saw blades progressed at a CAGR of 3.5% from 2014 to 2021.
The research reveals that woodworking circular saw blade sales will increase at a CAGR of 4.4% from 2022 to 2029.
The woodworking circular saw blades market is estimated to reach a valuation of USD 68.3 Million by the end of 2029.
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