Global Wood Lathe Industry Growth and Trends Forecast to 2031

Summary

A lathe is a machine tool which spins the workpiece to perform various operations such as cutting, sanding, knurling, drilling, or deformation with tools that are applied to the workpiece to create an object which has symmetry about an axis of rotation. Lathes perform the machining operation known as turning. While turning, material is removed from a work piece by rotating it against a tool. Turning is a central production operation in the manufacture of many metal, plastic and wood parts. Lathes can be either manually operated or computer controlled (CNC). Lathes can have many differences, unique features and accessories to facilitate a wide range of jobs.

The simplest lathe type is the wood lathe. As the name suggests, it is designed for turning wood. Wood lathes are small machines consisting of a bed, headstock, tailstock and tool rest. Unlike with what is found on a metal-working machine, there are no precision ways since the cutting tools are moved by hand and not by machine power. A steady hand and good skill is needed to control the cutting tool to accurately turn smooth curves and complex contours on the work piece. The spindle is driven by a belt connected to a motor, and speed differentiations are made by manually moving the belt to one of many pulleys mounted to the back of the spindle.
 Lathe tools are held by hand against the work, with the support of the tool rest. The tool rest is adjustable and is clamped to the bed at a position that best suites the operation at hand.

A wood lathe machine is a machine tool that fixes a workpiece on a rotating spindle, and is usually used for machining cylindrical workpieces. General wood lathes are equipped with various special tools, which can complete inner and outer circle processing, drilling, threading, cutting groove, end surface processing, outer circle, drilling center hole, turning hole, reaming hole, turning cone, turning forming surface, knurling, coiled spring and other processing procedures. Original source from https://www.stylecnc.com, if you want to copy, please indicate the primary source: https://www.stylecnc.com/blog/wood-lathe-machine-types.html

The Wood Lathe industry can be broken down into several segments, Mini Wood Lathe, Midi Wood Lathe, etc.

Across the world, the major players cover JPW Industries, Delta Machinery, RIKON Power Tools, etc.

According to APO Research, The global Wood Lathe market was estimated at US$ million in 2025 and is projected to reach a revised size of US$ million by 2031, witnessing a CAGR of xx% during the forecast period 2026-2031.

North American market for Wood Lathe is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Asia-Pacific market for Wood Lathe is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

Europe market for Wood Lathe is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2026 through 2031.

The major global manufacturers of Wood Lathe include JPW Industries, Delta Machinery, RIKON Power Tools, Laguna Tools, Teknatool International, WEN, Grizzly, Woodstock International and SCM Group, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Wood Lathe, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Lathe.

The Wood Lathe market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Wood Lathe market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2020-2025. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses.

Wood Lathe Segment by Company

JPW Industries
Delta Machinery
RIKON Power Tools
Laguna Tools
Teknatool International
WEN
Grizzly
Woodstock International
SCM Group
Robust Tools
Axminster
Carbatec
King Canada
Harvey Industries
Jai Industries
Binzhou COSEN CNC equipment
LingRui CNC

Wood Lathe Segment by Type

Mini Wood Lathe
Midi Wood Lathe
Full Sized Wood Lathe

Wood Lathe Segment by Application

Wood Processing
Craft
Personal Use
Others

Wood Lathe Segment by Region

North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Wood Lathe market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Wood Lathe and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Wood Lathe.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Wood Lathe manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Wood Lathe in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.

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