Product Code: ETC029384 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India woodworking machines market import shipment demonstrated robust growth with a CAGR of 12.0% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, indicating a temporary slowdown. Overall, the market expanded steadily with some fluctuations in momentum towards the end of the period.
The India woodworking machines market is estimated to grow at a notable CAGR of around 8.7% during the forecast period 2025-2031. The growth of the woodworking machinery industry in India is attributed to the growing demand from furniture manufacturers and other industries such as automotive, construction, packaging & printing, etc. Additionally, rising investment by domestic players for upgrading their capabilities and increasing automation also supports the growth of this sector in the country. With technological advancements leading to higher production efficiency and less labor costs, companies are increasingly focusing on automating their operations which will boost the demand for these machines significantly during this forecast period. Furthermore, investments made by venture capitalists into new start-ups that provide technology led solutions related to woodworking has been an important factor driving market growth over past few years.
1) Growing Demand from Furniture Industry ? The growing demand from furniture industry forms one of major drivers for increased adoption of automated woodworking machines in India?s manufacturing space over recent years. Higher disposable incomes coupled with rapidly developing infrastructure have resulted in increased purchasing power among consumers leading them towards better quality products offered by premium furniture makers thereby boosting overall industrial production volumes significantly resulting in greater demand for efficient automated machineries designed specifically for optimized processing speed while maintaining high product quality standards ensuring repeat customers remain satisfied consistently over time frames spanning longer than before .
2) Rising Investment by Domestic Players? Growing number of domestic players venturing into modernizing existing facilities along with newer entrants looking to make a mark within highly competitive environment have resulted significant increase seen within total capital expenditure made towards purchase & installation associated machinery required for efficient functioning operations across multiple sectors including automotive , construction ,packaging & printing etc thus bolstering overall sales figures witnessed within given segment throughout forecasted timeline .
1) Increasing Automation ? Automation has become increasingly popular amongst primary users due its various benefits like reduced labour cost , improved productivity levels as well reduction errors caused due human intervention . Companies are investing heavily towards equipping themselves with latest advanced technologies integrated solutions offering fully automated processes helping them enhance product performance against competitors staying ahead curve when it comes delivering superior finished goods demanded current trend conscious markets .
2) Increase Use Of Smart Technologies - With rapid urbanization taking place current times there rise need smart technologies being implemented especially where manual labor can be replaced reducing risks unwanted accidents or fatigue occurring due long hours shifted worked employees previously unaddressed issues now being
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 Woodworking machines Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Woodworking machines Market Revenues & Volume, 2021 & 2031F |
3.3 India Woodworking machines Market - Industry Life Cycle |
3.4 India Woodworking machines Market - Porter's Five Forces |
3.5 India Woodworking machines Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Woodworking machines Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 India Woodworking machines Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 India Woodworking machines 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 Growth in the construction and real estate sectors leading to higher demand for woodworking machines |
4.2.3 Adoption of advanced technologies and automation in the woodworking industry |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with woodworking machines |
4.3.2 Limited availability of skilled labor and technicians in the woodworking industry |
4.3.3 Environmental concerns and regulations regarding wood processing and waste management |
5 India Woodworking machines Market Trends |
6 India Woodworking machines Market, By Types |
6.1 India Woodworking machines Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Woodworking machines Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Woodworking machines Market Revenues & Volume, By Shapers & Planers, 2021-2031F |
6.1.4 India Woodworking machines Market Revenues & Volume, By Saws, 2021-2031F |
6.1.5 India Woodworking machines Market Revenues & Volume, By Jointers, 2021-2031F |
6.1.6 India Woodworking machines Market Revenues & Volume, By Routers, 2021-2031F |
6.1.7 India Woodworking machines Market Revenues & Volume, By Grinders, 2021-2031F |
6.1.8 India Woodworking machines Market Revenues & Volume, By Wood Lathes, 2021-2031F |
6.2 India Woodworking machines Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 India Woodworking machines Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.3 India Woodworking machines Market Revenues & Volume, By Retail Stores, 2021-2031F |
6.3 India Woodworking machines Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 India Woodworking machines Market Revenues & Volume, By Craft & Furniture, 2021-2031F |
6.3.3 India Woodworking machines Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 India Woodworking machines Market Revenues & Volume, By Marine & Locomotive, 2021-2031F |
7 India Woodworking machines Market Import-Export Trade Statistics |
7.1 India Woodworking machines Market Export to Major Countries |
7.2 India Woodworking machines Market Imports from Major Countries |
8 India Woodworking machines Market Key Performance Indicators |
8.1 Percentage increase in the adoption of CNC woodworking machines in India |
8.2 Average turnaround time for woodworking projects using advanced machinery |
8.3 Percentage reduction in material wastage in the woodworking process |
8.4 Number of woodworking training programs and certifications offered in India |
8.5 Percentage increase in the use of sustainable practices and materials in the woodworking industry |
9 India Woodworking machines Market - Opportunity Assessment |
9.1 India Woodworking machines Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Woodworking machines Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 India Woodworking machines Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 India Woodworking machines Market - Competitive Landscape |
10.1 India Woodworking machines Market Revenue Share, By Companies, 2024 |
10.2 India Woodworking machines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |