Home WOODWORKING COMMUNITY Industry News World woodworking machinery sales projected to hit $8.5 billion by 2035

World woodworking machinery sales projected to hit $8.5 billion by 2035

 
PUNE, India — A new analysis of the global market for woodworking machinery projects compounded annual growth of 5.1% will increase annual sales from $5.27 billion in 2025 to $8.53 billion by the year 2035.

The report, released by Ace Insights, covers equipment used to process wood, perform various operations on raw wood, and transform it into desired final products. The machines fall into two main categories: stationary machines, which move the material in the desired shape while the machine remains stationary, and non-stationary machines, which move the material while it remains fixed to produce the desired result.

According to the report, the woodworking machinery market is anticipated to grow in the future due to the construction industry’s continued expansion. 

The report specifically cites the rising use of engineered wood products, which are widely used in construction and furniture manufacture, as a factor driving the expansion of the woodworking machinery market. According to the authors, to meet consumer demand and boost overall output, manufacturers are investing in innovative machinery to ensure precision and efficiency.

In addition, a noteworthy trend is the introduction of woodworking machinery, which speeds up manufacturing processes and improves production efficiency. This change is the result of rising labor costs and demands for accuracy and precision, which attracted most producers to do away with manual labor on machines.

To this point, the report notes that the fully automatic CNC category held the largest share in the woodworking machinery market in 2025 because it provides accurate and effective woodworking procedures to satisfy the demands of the building, furniture, and cabinetry industries. The automated machines increase manufacturing speed, reduce errors, and reduce human labor, making them more efficient for producing large-scale and customized wood goods.