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Woodworking Circular Saw Blades Market Outlook (2022-2029)

[197 Pages Report] 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 US$ 50.4 Million in 2022. Shipments of woodworking circular saw blades are estimated to account for a net worth of US$ 68.3 Million by 2029.

Attribute Details
Woodworking Circular Saw Blades Market Size (2022) US$ 50.4 Million
Predicted Market Revenue (2029) US$ 68.3 Million
Forecasted Growth Rate (2022-2029) 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.

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How The Market Progressed Till June 2022?

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.

Demand Analysis of Woodworking Circular Saw Blades (2014 to 2021) Vs Market Forecasts (2022 to 2029)

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 US$ 38.1 Mn in 2014 and rose at a CAGR of 3.5% and attained a valuation of US$ 48.4 Mn 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.

Woodworking Circular Saw Blades Market

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.

Which Factors are Driving Woodworking Circular Saw Blades Market Potential?

“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.

What Could Restrain the Growth Prospects of Woodworking Circular Saw Blade Suppliers?

“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.

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Which Region Will Lead the Sales of Woodworking Circular Saw Blades?

“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.

Country-wise Analysis

What Drives Demand for Woodworking Circular Saw Blades in the U.S.?

“Increasing Scope for Residential and Commercial Application of Circular Woodworking Saws”

With being one of the foremost economies of the world, the U.S. 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 U.S.

Increasing number of immigrants in the U.S. are also expected to drive up the demand for construction of new structures which subsequently propels woodworking circular saw blade sales.

Will We See Rising Demand for Circular Saws for Fine Woodworking in India?

“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.

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Category-wise Analysis

Which Sales Channel Will Proliferate Over Coming Years?

“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.

COVID-19 Crisis Evaluation

In 2020, sales of woodworking circular saw blades took a major hit as many end-use industries such as automotive and construction suffered negatively in the wake of worldwide lockdown mandates imposed to curb the spread of coronavirus infections on a global scale. With the disease becoming a pandemic and manufacturing activities coming to a near standstill, woodworking circular saw blade shipments were disrupted and the market was adversely impacted.

This trend is expected to change in the post-pandemic era when manufacturing activities resume and get back to operational capacities. Consumption of woodworking circular saw blades is anticipated to rise at a steady pace as construction activities resume across the world.

Competitive Landscape

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.

  • In September 2021, Crescent, a premier tool brand from Apex Tool Group, announced the launch of its new line of circular saw blades. These new blades are designed to cut faster and last longer even with extreme end-use applications. NailSlicer™ Framing Blades, FineCut™ Finishing Blades, and SteelSlicer™ Metal Blades were launched.

Woodworking Circular Saw Blades Industry Report Scope

Attribute Details
Forecast Period 2022 to 2029
Historical Data Available for 2014 to 2021
Market Analysis US$ 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

Key Segments of Woodworking Circular Saw Blades Industry Survey

Woodworking Circular Saw Blades Market by Mode of Operation:

  • Woodworking Circular Saw Blades for Stationary Machines
  • Woodworking Circular Saw Blades for Hand Machines (Power Tools)

Woodworking Circular Saw Blades Market by Blade Type:

  • Framing Blades
  • Rip-cut Blades
  • Crosscut Blades
  • Plywood Cut Blades

Woodworking Circular Saw Blades Market by Diameter:

  • Woodworking Circular Saw Blades Less than 100 mm
  • Woodworking Circular Saw Blades 100-200 mm
  • Woodworking Circular Saw Blades 200-300 mm
  • Woodworking Circular Saw Blades More than 300 mm

Woodworking Circular Saw Blades Market by Distribution Channel:

  • Online Sales of Woodworking Circular Saw Blades
  • Offline Sales of Woodworking Circular Saw Blades

Woodworking Circular Saw Blades Market by End-use Industry:

  • Timber
  • Wood Processing
  • Furniture & Carpentry
  • DIY

Woodworking Circular Saw Blades Market by Region:

  • North America Woodworking Circular Saw Blades Market
  • Latin America Woodworking Circular Saw Blades Market
  • Europe Woodworking Circular Saw Blades Market
  • East Asia Woodworking Circular Saw Blades Market
  • South Asia & Pacific Woodworking Circular Saw Blades Market
  • Middle East & Africa (MEA) Woodworking Circular Saw Blades Market

Frequently Asked Questions

What is the current size of the woodworking circular saw blades market?

The global woodworking circular saw blades market is worth around US$ 50.4 Mn in 2022.

As per this woodworking circular saw blades market survey, who are the key players operating in the industry?

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.

How did the woodworking circular saw blades market perform from 2014 to 2021?

Demand for woodworking circular saw blades progressed at a CAGR of 3.5% from 2014 to 2021.

What is the predicted growth rate for the sales of woodworking circular saw blades over the forecast period?

The research reveals that woodworking circular saw blade sales will increase at a CAGR of 4.4% from 2022 to 2029.

By 2029, what is the projected woodworking circular saw blades market value?

The woodworking circular saw blades market is estimated to reach a valuation of US$ 68.3 Mn by the end of 2029.

Table of Content

1. Study of Coverage

    1.1. Woodworking Circular Saw Blades

    1.2. Market Segments

    1.3. Key Manufacturer Covered

    1.4. Market By Type

        1.4.1. Global Market Size Growth Rate by Mode of Operation

            1.4.1.1. Stationery Machine 

            1.4.1.2. Hand Machine (Power Tool) 

        1.4.2. Global Market Size Growth Rate by Blade type

            1.4.2.1. Framing blade 

            1.4.2.2. Rip-cut blades 

            1.4.2.3. Crosscut blade 

        1.4.3. Global Market Size Growth Rate by  Diameter Type

            1.4.3.1. Less than 100 mm 

            1.4.3.2. 100-200 mm 

            1.4.3.3. 200-300 mm 

            1.4.3.4. More than 300 mm 

        1.4.4. Global Market Size Growth Rate by Distribution Channel

            1.4.4.1. Online

            1.4.4.2. Offline

        1.4.5. Global Market Size Growth Rate by End Use industry

            1.4.5.1. Construction 

            1.4.5.2. Wood processing 

            1.4.5.3. Furniture & Carpentry 

            1.4.5.4. DIY 

        1.4.6. Global Market Size Growth Rate by End Use industry

            1.4.6.1. North America

            1.4.6.2. South America 

            1.4.6.3. Europe 

            1.4.6.4. Asia Pacific 

            1.4.6.5. MEA 

    1.5. Study Objectives

    1.6. Years Considered

2. Executive Summary

    2.1. Global Market Size

        2.1.1. Global Market Value, 2014-2029

        2.1.2. Global Market Volume, 2014-2029

    2.2. Global Market Growth Rate By Regions

        2.2.1. Global Market Value By Regions, 2014-2029

        2.2.2. Global Market Volume By Regions, 2014-2029

3. Breakdown Data By Manufacturer

    3.1. Global Market Sales (Volume) by Manufacturer

        3.1.1. Market Sales (Volume) Share Analysis by Manufacturer

        3.1.2. Market Concentration Ratio

    3.2. Global Market Sales (Value) by Manufacturer

        3.2.1. Market Sales (Value) Share Analysis by Manufacturer

        3.2.2. Market Concentration Ratio

    3.3. Global Prices by Manufacturer

    3.4. Manufacturing Base Distribution, Mode of Operation

        3.4.1. Manufacturers Manufacturing Base Distribution, Headquarters

        3.4.2. Manufacturers by Mode of Operation

        3.4.3. Date of International Manufacturers Enter into Market

    3.5. List of Manufacturer

    3.6. Market share by manufacturer

    3.7. Competition Dashboard

4. Breakdown Data by blade type

    4.1. Global Market By Blade Type

    4.2. Global Market Pricing Analysis by Region

5. Breakdown Data by Mode of Operation

    5.1. Overview

    5.2. Global Price Breakdown Data by Mode of Operation

6. Breakdown Data by Diameter

    6.1. Global Sales (‘000 Units) by Diameter

    6.2. Global Revenue (US$ Mn) by Diameter

7. Breakdown Data by Distribution Channel

    7.1. Global Sales (‘000 Units) by Distribution Channel

    7.2. Global Revenue (US$ Mn) by Distribution Channel

8. Breakdown Data by End Use Industry

    8.1. Global Sales (‘000 Units) by End Use Industry

    8.2. Global Revenue (US$ Mn) by End Use Industry

9. North America

    9.1. Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2014–2029

        9.1.1. US

        9.1.2. Canada

        9.1.3. Mexico

    9.2. Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2014–2029

    9.3. Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2014–2029 

    9.4. Market Size (US$ Mn) and Volume Analysis and Forecast By Diameter, 2014–2029

    9.5. Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2014–2029

10. Europe

    10.1. Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2014–2029

        10.1.1. Germany

        10.1.2. France

        10.1.3. Italy

        10.1.4. UK

        10.1.5. Russia

        10.1.6. Rest of Europe

    10.2. Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2014–2029

    10.3. Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2014–2029 

    10.4. Market Size (US$ Mn) and Volume Analysis and Forecast By Diameter, 2014–2029

    10.5. Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2014–2029

11. South America

    11.1. Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2014–2029

        11.1.1. Brazil

        11.1.2. Rest of Central and South America

    11.2. Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2014–2029

    11.3. Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2014–2029 

    11.4. Market Size (US$ Mn) and Volume Analysis and Forecast By Diameter, 2014–2029

    11.5. Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2014–2029

12. Asia Pacific

    12.1. Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2014–2029

        12.1.1. China

        12.1.2. Japan

        12.1.3. India

        12.1.4. South Korea

        12.1.5. ASEAN

        12.1.6. Oceania

        12.1.7. Rest of Asia Pacific

    12.2. Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2014–2029

    12.3. Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2014–2029 

    12.4. Market Size (US$ Mn) and Volume Analysis and Forecast By Diameter, 2014–2029

    12.5. Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2014–2029

13. Middle East and Africa

    13.1. Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2014–2029

        13.1.1. GCC Countries

        13.1.2. Turkey

        13.1.3. Egypt

        13.1.4. South Africa

        13.1.5. Rest of MEA

    13.2. Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2014–2029

    13.3. Market Size (US$ Mn) and Volume Analysis and Forecast By Product Type, 2014–2029 

    13.4. Market Size (US$ Mn) and Volume Analysis and Forecast By Diameter, 2014–2029

    13.5. Market Size (US$ Mn) and Volume Analysis and Forecast By Distribution Channel, 2014–2029

14. Company Profiles

    14.1. Robert Bosch GmbH 

        14.1.1. Company details

        14.1.2. Business Overview

        14.1.3. SWOT Analysis

        14.1.4. Strategy overview

        14.1.5. Key Financials

        14.1.6. Key Developments

    14.2. Stanley Black and Decker

        14.2.1. Company details

        14.2.2. Business Overview

        14.2.3. SWOT Analysis

        14.2.4. Strategy overview

        14.2.5. Key Financials

        14.2.6. Key Developments

    14.3. Tenryu Saw Mfg. Co., Ltd.

        14.3.1. Company details

        14.3.2. Business Overview

        14.3.3. SWOT Analysis

        14.3.4. Strategy overview

        14.3.5. Key Financials

        14.3.6. Key Developments

    14.4. Homag Group

        14.4.1. Company details

        14.4.2. Business Overview

        14.4.3. SWOT Analysis

        14.4.4. Strategy overview

        14.4.5. Key Financials

        14.4.6. Key Developments

    14.5. Hilti Corporation

        14.5.1. Company details

        14.5.2. Business Overview

        14.5.3. SWOT Analysis

        14.5.4. Strategy overview

        14.5.5. Key Financials

        14.5.6. Key Developments

    14.6. DEWALT

        14.6.1. Company details

        14.6.2. Business Overview

        14.6.3. SWOT Analysis

        14.6.4. Strategy overview

        14.6.5. Key Financials

        14.6.6. Key Developments

    14.7. HiKOKI

        14.7.1. Company details

        14.7.2. Business Overview

        14.7.3. SWOT Analysis

        14.7.4. Strategy overview

        14.7.5. Key Financials

        14.7.6. Key Developments

    14.8. Diablo Tools

        14.8.1. Company details

        14.8.2. Business Overview

        14.8.3. SWOT Analysis

        14.8.4. Strategy overview

        14.8.5. Key Financials

        14.8.6. Key Developments

    14.9. Stark S.p.A.

        14.9.1. Company details

        14.9.2. Business Overview

        14.9.3. SWOT Analysis

        14.9.4. Strategy overview

        14.9.5. Key Financials

        14.9.6. Key Developments

    14.10. August Blecher KG

        14.10.1. Company details

        14.10.2. Business Overview

        14.10.3. SWOT Analysis

        14.10.4. Strategy overview

        14.10.5. Key Financials

        14.10.6. Key Developments

    14.11. C.M.T. Utensili SpA

        14.11.1. Company details

        14.11.2. Business Overview

        14.11.3. SWOT Analysis

        14.11.4. Strategy overview

        14.11.5. Key Financials

        14.11.6. Key Developments

    14.12. Freud SpA

        14.12.1. Company details

        14.12.2. Business Overview

        14.12.3. SWOT Analysis

        14.12.4. Strategy overview

        14.12.5. Key Financials

        14.12.6. Key Developments

    14.13. Karnasch Professional Tools GmbH

        14.13.1. Company details

        14.13.2. Business Overview

        14.13.3. SWOT Analysis

        14.13.4. Strategy overview

        14.13.5. Key Financials

        14.13.6. Key Developments

    14.14. Kinkelder BV

        14.14.1. Company details

        14.14.2. Business Overview

        14.14.3. SWOT Analysis

        14.14.4. Strategy overview

        14.14.5. Key Financials

        14.14.6. Key Developments

    14.15. PILANA Group a.s.

        14.15.1. Company details

        14.15.2. Business Overview

        14.15.3. SWOT Analysis

        14.15.4. Strategy overview

        14.15.5. Key Financials

        14.15.6. Key Developments

    14.16. Amana Tool Corporation

        14.16.1. Company details

        14.16.2. Business Overview

        14.16.3. SWOT Analysis

        14.16.4. Strategy overview

        14.16.5. Key Financials

        14.16.6. Key Developments

    14.17. Breton S.p.A

        14.17.1. Company details

        14.17.2. Business Overview

        14.17.3. SWOT Analysis

        14.17.4. Strategy overview

        14.17.5. Key Financials

        14.17.6. Key Developments

    14.18. Laguna Tools

        14.18.1. Company details

        14.18.2. Business Overview

        14.18.3. SWOT Analysis

        14.18.4. Strategy overview

        14.18.5. Key Financials

        14.18.6. Key Developments

    14.19. Dimar Group

        14.19.1. Company details

        14.19.2. Business Overview

        14.19.3. SWOT Analysis

        14.19.4. Strategy overview

        14.19.5. Key Financials

        14.19.6. Key Developments

15. Future Forecast

    15.1. Market Forecast, By Regions

        15.1.1. Global Sales Forecast, By Regions, 2022 – 2029

        15.1.2. Global Revenue Forecast, By Regions, 2022 – 2029

    15.2. Market Forecast, By Mode of Operation

        15.2.1. Global Sales Forecast, By Mode of Operation, 2022 – 2029

        15.2.2. Global Revenue Forecast, By Mode of Operation, 2022 – 2029

    15.3. Market Forecast, By Blade type

    15.4. Market Forecast, By Diameter type

    15.5. Market Forecast, By Distribution channel

    15.6. Market Forecast, By End Use industry

    15.7. North America Forecast

    15.8. Europe Forecast

    15.9. Asia Pacific Forecast

    15.10. South America Forecast

    15.11. Middle East and Africa Forecast

16. Market Dynamics

    16.1. Market Drivers

    16.2. Market Restraint

    16.3. Market Trends

    16.4. Market Opportunities

    16.5. Macroscopic Indicators

    16.6. Forecast factors

    16.7. Value Chain Analysis

17. Research and Findings and Conclusion

    17.1. Demand side & Supply side trends

    17.2. Analysis and Findings

18. Appendix

    18.1. Research Methodology

    18.2. Primary Survey Analysis

    18.3. Validation of the Market Size

    18.4. Assumptions and Acronyms

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