Woodworking Machinery Manufacturing in the US

Portable products key to growth

With slow growth in key downstream industries such as residential and non-residential building, furniture manufacturing, and pallet and container manufacturing, Woodwork Machinery Manufacturing industry product sales are expected to suffer. Increasing imports are also placing pressure on product prices, leading to reduced profitability. As there is little differentiation in products made by this declining industry, players who focus on product development such as portable sawmills are likely to see increased sales and profitability.

This industry comprises establishments primarily engaged in manufacturing sawmill and woodworking machinery (except handheld), such as circular and band sawing equipment, planing machinery, and sanding machinery. 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.