Woodworking Machinery Market size: Critical Assessment of Major Manufacturers and Growth Forecast by 2030
The Woodworking Machinery Market size was estimated to be USD 4.71 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 4.8% during the forecast period of 2023-2030, reaching USD 6.85 billion by 2030.
Woodworking machinery plays a crucial role in the manufacturing and processing of wood products. With the increasing demand for wooden furniture, construction materials, and other wood-based products, the market for woodworking machinery is expected to witness significant growth in the coming years.