Product Code: ETC419666 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The wood lathe market in Vietnam serves the woodworking and furniture manufacturing sectors. Wood lathes are essential tools for shaping and turning wooden objects, and their demand is closely tied to the broader woodworking industry. As Vietnam continues to grow as a manufacturing and furniture export hub, the market for wood lathes is expected to remain steady, with businesses investing in machinery to meet production needs.
The wood lathe market in Vietnam is growing as woodworking and craftsmanship gain popularity. Wood lathes are essential tools for shaping and turning wood into various artistic and functional objects. The market is driven by a surge in DIY woodworking enthusiasts, as well as professional craftsmen and artisans who create custom woodwork. Additionally, the construction and furniture industries use wood lathes for manufacturing bespoke wooden products, further contributing to market growth.
The Vietnam wood lathe market faces challenges related to sustainability and wood sourcing. As demand for wood products increases, concerns about deforestation and illegal logging become more prominent. Manufacturers must navigate these issues while also competing with other countries in the global wood industry.
The Vietnam wood lathe market was not immune to the disruptions caused by the COVID-19 pandemic. The construction and woodworking sectors, which are major consumers of wood lathes, experienced slowdowns due to supply chain disruptions and labor shortages. Many projects were delayed or postponed, affecting the demand for wood lathes. Additionally, the closure of manufacturing facilities during lockdowns hindered production and distribution. However, with the gradual easing of restrictions and increased demand for home improvement projects during lockdowns, the market began to recover. The adoption of digital technologies and automation also played a role in streamlining operations in the woodworking industry, aiding in the market`s revival.
In Vietnam wood lathe market, several key players have made a significant impact. One of the leading companies is Vietlaser, known for its precision and high-quality wood lathe machines. Their products are favored by woodworking artisans and manufacturers across the country for their durability and accuracy. Another prominent player is WoodMaster, specializing in both manual and automated wood lathe systems. Their innovative designs and commitment to customer satisfaction have earned them a solid reputation in the 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 Vietnam Wood Lathe Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Wood Lathe Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Wood Lathe Market - Industry Life Cycle |
3.4 Vietnam Wood Lathe Market - Porter's Five Forces |
3.5 Vietnam Wood Lathe Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Wood Lathe Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Wood Lathe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized wooden products |
4.2.2 Growth in the furniture manufacturing industry in Vietnam |
4.2.3 Adoption of advanced woodworking technologies |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative materials like metal or plastic |
5 Vietnam Wood Lathe Market Trends |
6 Vietnam Wood Lathe Market, By Types |
6.1 Vietnam Wood Lathe Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Wood Lathe Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Wood Lathe Market Revenues & Volume, By Mini Wood Lathe, 2021-2031F |
6.1.4 Vietnam Wood Lathe Market Revenues & Volume, By Midi Wood Lathe, 2021-2031F |
6.1.5 Vietnam Wood Lathe Market Revenues & Volume, By Full Sized Wood Lathe, 2021-2031F |
6.2 Vietnam Wood Lathe Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Wood Lathe Market Revenues & Volume, By Wood Processing, 2021-2031F |
6.2.3 Vietnam Wood Lathe Market Revenues & Volume, By Craft, 2021-2031F |
6.2.4 Vietnam Wood Lathe Market Revenues & Volume, By Personal Use, 2021-2031F |
6.2.5 Vietnam Wood Lathe Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Wood Lathe Market Import-Export Trade Statistics |
7.1 Vietnam Wood Lathe Market Export to Major Countries |
7.2 Vietnam Wood Lathe Market Imports from Major Countries |
8 Vietnam Wood Lathe Market Key Performance Indicators |
8.1 Average number of wood lathe machines per woodworking factory |
8.2 Percentage of woodworking companies investing in upgrading their lathe machines |
8.3 Adoption rate of computer numerical control (CNC) technology in wood lathe machines |
9 Vietnam Wood Lathe Market - Opportunity Assessment |
9.1 Vietnam Wood Lathe Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Wood Lathe Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Wood Lathe Market - Competitive Landscape |
10.1 Vietnam Wood Lathe Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Wood Lathe Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |