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Global Woodworking Circular Saw Blades Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

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Global Woodworking Circular Saw Blades Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Jul 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Woodworking Circular Saw Blades Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 53.17 Million
Diagram Market Size (Forecast Year) USD 81.60 Million
Diagram CAGR %

Major Markets Players

  • Amana Tool Corporation (U.S.)
  • Stanley Black & Decker
  • Inc. (U.S.)
  • HOMAG Group (Germany)
  • Karnasch Professional Tools GmbH (Germany)

Global Woodworking Circular Saw Blades Market, By Mode of Operation (Stationary Machines and Hand Machines), Blade Type (Framing Blades, Rip-cut Blades, Crosscut Blades, and Plywood Cut Blades), Diameter (Less than 100 mm,100-200 mm, 200-300 mm, and More than 300 mm), Distribution Channel (Online and Offline), End-Use Industry (Furniture Manufacturing, Construction, Cabinetry, Flooring, and DIY) – Industry Trends and Forecast to 2031.

Woodworking Circular Saw Blades Market

 

Woodworking Circular Saw Blades Market Analysis and Size

The woodworking circular saw blades market continues to advance with cutting-edge technologies enhancing precision and efficiency. Innovations such as carbide-tipped blades and laser-cut bodies optimize durability and performance. Rising demand from the construction and furniture industries propels market growth, fostering the development of specialized blades for various applications. As the industry evolves, manufacturers focus on delivering high-quality, versatile tools to meet evolving user needs.

The global woodworking circular saw blades market size was valued at USD 53.17 million in 2023 and is projected to reach USD 81.60 million by 2031, with a CAGR of 5.5% during the forecast period 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation       

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016 - 2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Mode of Operation (Stationary Machines and Hand Machines), Blade Type (Framing Blades, Rip-cut Blades, Crosscut Blades, and Plywood Cut Blades), Diameter (Less than 100 mm,100-200 mm, 200-300 mm, and More than 300 mm), Distribution Channel (Online and Offline), End-Use Industry (Furniture Manufacturing, Construction, Cabinetry, Flooring, and DIY)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Amana Tool Corporation (U.S.), Stanley Black & Decker, Inc. (U.S.), HOMAG Group (Germany), Karnasch Professional Tools GmbH (Germany), DEWALT (U.S.), BLECHER (Germany), Robert Bosch GmbH (Germany), Koki Holdings Co., Ltd. (Japan), TENRYU SAW MFG. CO., LTD. (Japan), AKE Knebel GmbH & Co. KG (Germany), Ledermann GmbH & Co. KG (Germany), Freud America, Inc. (Italy), PILANA a.s (Czech Republic), Kinkelder B.V. (Netherlands), M.K. Morse Company (U.S.), DoAll Saws (U.S.), Simonds International, LLC (U.S.), and AMADA CO., LTD. (Japan)

Market Opportunities

  • Expansion of E-commerce
  • Growth in Repair and Renovation Activities

Market Definition

Woodworking circular saw blades are essential tools designed for cutting wood efficiently. They feature sharp, toothed edges that spin rapidly to make precise cuts across different types of wood. These blades vary in size, tooth configuration, and material, offering options for specific cutting needs such as crosscutting, ripping, or both. Proper selection ensures clean, accurate cuts in woodworking projects.

Woodworking Circular Saw Blades Market Dynamics

Drivers

  • Growth in Construction Industry

The growth in the construction industry globally is a significant driver for the woodworking circular saw blades market. As construction activities increase, there is a rising demand for circular saw blades essential for cutting wood materials used in building construction. For instance, in regions experiencing infrastructure development, such as Southeast Asia and parts of Africa, the demand for housing and commercial buildings fuels the need for efficient and reliable circular saw blades to meet construction deadlines and quality standards.

  • Rising DIY Trends

The growing popularity of do-it-yourself (DIY) projects is significantly boosting the woodworking circular saw blades market. More individuals are investing in tools such as circular saw blades to undertake home improvement and crafting projects independently. For instance, platforms such as YouTube and social media showcase numerous DIY woodworking tutorials, inspiring people to engage in projects ranging from furniture making to home décor enhancements. This trend drives the demand for efficient and versatile circular saw blades tailored for DIY enthusiasts.

Opportunities

  • Expansion of E-commerce

The expansion of e-commerce platforms has significantly enhanced accessibility to circular saw blades, thereby driving market penetration. Online retailers offer a wide range of products, making it easier for consumers to compare prices, read reviews, and make informed purchasing decisions from the convenience of their homes. For instance, platforms such as Amazon provide a diverse selection of circular saw blades, catering to both professional woodworkers and DIY enthusiasts, fostering market growth through increased reach and convenience.

  • Growth in Repair and Renovation Activities

The growth in repair and renovation activities globally is fueling demand for woodworking tools such as circular saw blades. As homeowners increasingly engage in home improvement projects, the need for precise and efficient cutting tools rises. For instance, the refurbishment of aging housing stock in many developed countries has spurred the purchase of circular saw blades for tasks such as floorboard replacement and structural repairs, driving market expansion in the woodworking sector.

Restraints/Challenges

  • Lack of Skilled Labor

Skilled labor shortages in manufacturing and machining hinder the woodworking circular saw blades market by limiting production capacity and compromising product quality. Companies face difficulties in finding skilled workers proficient in operating advanced machinery required for precise manufacturing. This challenge exacerbates operational inefficiencies and delays, impacting overall market competitiveness and customer satisfaction negatively.

  • Pressure of Cost and Pricing

The woodworking circular saw blades market is hindered by intense competition, resulting in significant downward pressure on prices. Manufacturers are compelled to balance cost efficiencies while striving to maintain quality standards to remain competitive. This challenge limits profit margins and investment in innovation, impacting overall market growth and development. The continual need to undercut prices to attract customers further exacerbates these constraints within the industry.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market, contact Data Bridge Market Research for an analyst brief; our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In May 2023, Makita U.S.A. Inc. introduced bi-metal band saw blades optimized for both wireless and corded band saws. Available in packs of three, these blades offer various Tooth Per Inch (TPI) options to cater to diverse cutting needs, enhancing cutting possibilities for professional users
  • In September 2022, The M. K. Morse Company unveiled its fourth-generation Metal Devil circular saw blades, setting a new industry benchmark for cutting performance. Designed for cutting metal, stainless steel, titanium, and aluminum/non-ferrous materials, these blades excel in longevity, efficient and cool cutting, and superior surface finishing
  • In September 2021, Crescent, a leading brand under Apex Tool Group, launched a new series of circular saw blades designed for durability and speed across rigorous applications. The NailSlicer Framing Blades, FineCut Finishing Blades, and SteelSlicer Metal Blades were specifically engineered to deliver enhanced cutting speed and prolonged operational lifespan

Woodworking Circular Saw Blades Market Scope

The market is segmented on the basis of mode of operation, diameter, distribution channel, end-use industry, and blade type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Mode of Operation

  • Stationary Machines
  • Hand Machines

 Blade Type

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

 Diameter

  • Less than 100 mm
  • 100-200 mm
  • 200-300 mm
  • More than 300 mm

 Distribution Channel

  • Online
  • Offline

 End-Use Industry

  • Furniture Manufacturing
  •  Construction
  • Cabinetry
  • Flooring
  • DIY

Woodworking Circular Saw Blades Market Regional Analysis/Insights

The market is analysed and market size insights and trends are provided by mode of operation, diameter, distribution channel, end-use industry, and blade type as referenced above.

The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to dominate the woodworking circular saw blades market due to high wood furniture consumption. Countries in the region drive demand for efficient cutting tools, fueling growth. This dominance reflects the region's pivotal role in the global woodworking industry, driven by robust construction and furniture manufacturing sectors.

Europe is expected to witness significant growth in the woodworking circular saw blades market due to the high demand for luxury furniture. This trend is driven by increasing urbanization and disposable incomes, prompting investments in modern manufacturing technologies. The region's emphasis on quality and craftsmanship further boosts demand for precision cutting tools in woodworking applications.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Woodworking Circular Saw Blades Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

  • Amana Tool Corporation (U.S.)
  • Stanley Black & Decker, Inc. (U.S.)
  • HOMAG Group (Germany)
  •  Karnasch Professional Tools GmbH (Germany)
  •  DEWALT (U.S.)
  • Freud America, Inc. (U.S.)
  • BLECHER (Germany)
  • Robert Bosch GmbH  (Germany)
  • Koki Holdings Co., Ltd. (Japan)
  • TENRYU SAW MFG. CO., LTD. (Japan)
  • AKE Knebel GmbH & Co. KG (Germany)
  • Ledermann GmbH & Co. KG (Germany)
  • PILANA a.s (Czech Republic)
  • Kinkelder B.V. (Netherlands)
  • M.K. Morse Company (U.S.)
  • DoAll Saws (U.S.)
  • Simonds International, LLC (U.S.)
  • AMADA CO., LTD. (Japan)


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