Product Code: ETC310224 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India wood working equipment market import shipment experienced a negative CAGR from 2020 to 2024, indicating a slowdown in overall growth. The market showed a significant decline in growth rate between 2023 and 2024, suggesting a notable loss of momentum and a challenging period for the industry.
The India wood working equipment market was valued at US$ 743 million in 2025 and is anticipated to expand at a CAGR of 4% during 2025-2031 on account of increasing construction activities coupled with rising disposable income among consumers leading towards an augmented purchasing power further fuelling their spending capacity on furniture products which require woodworking machines for production purposes hence positively impacting its demand pattern over time. Moreover, favorable government initiatives such as Make In India aimed towards promoting indigenous manufacturing operations are likely stimulate investment from foreign companies leading towards enhanced production capacities which would ultimately propel its sales volumes over the coming years.
The India woodworking equipment market is experiencing growth as the furniture and woodworking industries seek advanced and efficient woodworking machinery. This market`s outlook is driven by factors such as the increasing demand for wooden furniture and interior fittings, the growth of the real estate and hospitality sectors, and the adoption of woodworking equipment for their versatility and precision in shaping, cutting, and finishing wood materials. Additionally, the development of CNC-controlled and automated woodworking machines and the rising focus on customized and eco-friendly woodworking solutions are further contributing to market growth.
The India woodworking equipment market is experiencing growth as the woodworking and furniture industry seeks modern and efficient machinery. This market`s outlook is driven by factors such as the increasing demand for wooden furniture and fixtures in residential and commercial sectors, the growth of the real estate and interior design industries, and the adoption of woodworking equipment for precision and productivity in wood processing. Additionally, the development of computer numerical control (CNC) and automated woodworking machines and the rising focus on eco-friendly and sustainable woodworking practices are further contributing to market growth. However, the market also faces challenges such as the limited adoption of advanced machinery by small-scale manufacturers and the need for skilled labor to operate modern equipment.
The India woodworking equipment market is experiencing growth as the furniture and woodworking industries expand. This market`s outlook is driven by factors such as the increasing demand for customized and high-quality furniture and wood products, the growth of the real estate and interior design sectors, and the adoption of advanced woodworking equipment for efficient and precise wood processing. Additionally, the development of computer numerical control (CNC) woodworking machines and the rising focus on eco-friendly and sustainable woodworking practices are further contributing to market growth. The market faced challenges during the COVID-19 pandemic as disruptions in construction and supply chain affected woodworking activities. However, it is expected to recover with the rebound in construction and interior design projects.
The India woodworking equipment market is characterized by the presence of key players that cater to the diverse needs of the woodworking industry. Companies like Biesse India, Homag India, Altendorf India, and Jai Industries are leading players in the sector. These companies offer a wide range of woodworking machinery and equipment, including CNC routers, panel saws, edge banding machines, and drilling machines, to meet the demands of India growing woodworking industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Wood Working Equipment Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wood Working Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 India Wood Working Equipment Market - Industry Life Cycle |
3.4 India Wood Working Equipment Market - Porter's Five Forces |
3.5 India Wood Working Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Wood Working Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wood Working Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized furniture and interior design solutions in India |
4.2.2 Growing adoption of advanced woodworking technologies for higher efficiency and precision |
4.2.3 Government initiatives promoting the use of sustainable materials and practices in the woodworking industry |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with acquiring wood working equipment |
4.3.2 Lack of skilled labor and technical expertise in operating modern woodworking machinery |
4.3.3 Fluctuations in raw material prices impacting the overall cost of production |
5 India Wood Working Equipment Market Trends |
6 India Wood Working Equipment Market, By Types |
6.1 India Wood Working Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Wood Working Equipment Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Wood Working Equipment Market Revenues & Volume, By Lathe, 2021-2031F |
6.1.4 India Wood Working Equipment Market Revenues & Volume, By Planer, 2021-2031F |
6.1.5 India Wood Working Equipment Market Revenues & Volume, By Saw, 2021-2031F |
6.1.6 India Wood Working Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Wood Working Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Wood Working Equipment Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.3 India Wood Working Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 India Wood Working Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 India Wood Working Equipment Market Import-Export Trade Statistics |
7.1 India Wood Working Equipment Market Export to Major Countries |
7.2 India Wood Working Equipment Market Imports from Major Countries |
8 India Wood Working Equipment Market Key Performance Indicators |
8.1 Percentage increase in adoption of computer-aided design (CAD) software in woodworking processes |
8.2 Average downtime of wood working equipment in production facilities |
8.3 Number of woodworking training programs and certifications completed by industry professionals |
8.4 Percentage reduction in waste generated during wood processing operations |
8.5 Energy consumption efficiency ratio of wood working equipment in manufacturing plants |
9 India Wood Working Equipment Market - Opportunity Assessment |
9.1 India Wood Working Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Wood Working Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wood Working Equipment Market - Competitive Landscape |
10.1 India Wood Working Equipment Market Revenue Share, By Companies, 2024 |
10.2 India Wood Working Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |