Global Panel Furniture Machinery Market Growth 2024-2030
Panel furniture machinery is a special equipment used to produce panel furniture. Panel furniture is mainly made of man-made boards and is widely popular for its simple structure, easy assembly and flexible design. Panel furniture machinery covers a variety of equipment types, including panel saws, edge banding machines, drilling machines, CNC machining centers, etc., each of which undertakes different processing tasks such as cutting, edge banding, drilling, grooving and decoration. These mechanical equipment usually have highly automated and precise processing capabilities, which can improve production efficiency and reduce labor costs. They are suitable for various production scales in the furniture manufacturing industry, from small workshops to large factories. With the increasing demand for customized and diversified products in the furniture market, the intelligence and automation of panel furniture machinery are also constantly improving, providing more flexible and efficient solutions for the manufacturing industry.
The global Panel Furniture Machinery market size is projected to grow from US$ 44880 million in 2024 to US$ 68350 million in 2030; it is expected to grow at a CAGR of 7.3% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Panel Furniture Machinery Industry Forecast” looks at past sales and reviews total world Panel Furniture Machinery sales in 2023, providing a comprehensive analysis by region and market sector of projected Panel Furniture Machinery sales for 2024 through 2030. With Panel Furniture Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Panel Furniture Machinery industry.
This Insight Report provides a comprehensive analysis of the global Panel Furniture Machinery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Panel Furniture Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Panel Furniture Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Panel Furniture Machinery and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Panel Furniture Machinery.
United States market for Panel Furniture Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Panel Furniture Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Panel Furniture Machinery is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Panel Furniture Machinery players cover Homag, IMA Schelling, Biesse, SCM Group, Bacci, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Panel Furniture Machinery market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Cutting Machine
Drilling Machine
Edge Banding Machine
Others
Segmentation by Application:
Home Furniture
Office Furniture
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Homag
IMA Schelling
Biesse
SCM Group
Bacci
Copenstick
Weinig Group
Altendorf
KDT Machinery
Nanxing Furniture Equipment Manufacturing
New Mas Woodworking Machinery & Equipment
Hold Machinery
Qianghong Board Furniture Machine
Key Questions Addressed in this Report
What is the 10-year outlook for the global Panel Furniture Machinery market?
What factors are driving Panel Furniture Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Panel Furniture Machinery market opportunities vary by end market size?
How does Panel Furniture Machinery break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.