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Woodworking Machinery Manufacturing in the US - Industry Market Research Report

  • June 2016
  • -
  • Ibisworld
  • -
  • 35 pages

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Well-oiled machine: Growing demand from downstream markets will continue to bolster revenue



Abstract

Woodworking Machinery Manufacturing in the US

Over the five years to 2016, the Woodworking Machinery Manufacturing industry has exhibited healthy, though uneven, growth. A recovery in downstream demand has driven overall industry revenue growth during the period, as the construction sector and wood product manufacturers reaped the benefits of improving economic conditions in the United States. Moreover, industry revenue is expected to continue growing over the next five years. Downstream customers, such as wood product manufacturers, carpentry contractors, and residential and nonresidential construction industries, will continue to be the major markets for the industry's products, while demand from households will improve as consumer confidence and per capital disposable continue to recover.

Operators in this industry manufacture sawmill and woodworking machinery, excluding handheld power tools (IBISWorld report 33399). Manufactured machinery includes circular and band sawing equipment, planing machinery, sanding machinery, band saws, circular saws, jigsaws, jointers, lathes, mortises, power-driven bench and table saws and other woodworking machines.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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