Global Wood Chipper Shredder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Wood Chipper Shredder Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A wood chipper shredder reduces branches, twigs and leaves to mulch and composting material, helping you keep your landscape looking its best. Chipper shredders range from light-duty electric devices to heavy-duty gasoline-powered machines that chop branches several inches in diameter.

Market Overview:

The latest research study on the global Wood Chipper Shredder market finds that the global Wood Chipper Shredder market reached a value of USD 406.34 million in 2022. It’s expected that the market will achieve USD 531.7 million by 2028, exhibiting a CAGR of 4.58% during the forecast period.

Wood Chipper Shredder Market Challenges

The safety performance of Wood Chipper Shredder has always been the concern of manufacturers and consumers, so the safety and supervision and enforcement of Wood Chipper Shredder products are the main concerns of manufacturers. Product distribution chain and end users require safety and reliability, and strictly abide by current and developing safety standards. It is also necessary for manufacturers to comply with these safety regulations.
In addition to mandatory legislation, suppliers must answer key questions about safety and environmental sustainability from retailers and customers. Based on specific types of equipment, additional legislation may involve physical safety standards, noise levels, product maintenance and recycling, and other issues. In addition to the mandatory requirements, the increased safety testing leads to the increase of the cost of Wood Chipper Shredder. Therefore, in order to comply with and promote the existing trade policies, safety regulations are the main challenge faced by Wood Chipper Shredder manufacturers.
Product homogenization means that in the same industry, products of different brands are similar in function, appearance, production process and transmission content. Since the opening of e-commerce channels, most Wood Chipper Shredder manufacturers tend to reduce production costs through imitation in order to pursue higher market share. Imitation production leads to serious homogenization of products in Wood Chipper Shredder industry, and the phenomenon that bad money drives out good money is obvious: the similarity in appearance is extremely high; In terms of performance, most Wood Chipper Shredder products pursue the characteristics of safety and multifunction. Some small and medium-sized enterprises have weak awareness of intellectual property protection, and a large number of infringements will disrupt the market order, which is not conducive to the sound development of the industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

Morbark is one of the major players operating in the Wood Chipper Shredder market, holding a share of 18.09% in 2021.

Morbark builds equipment that creates opportunities in the tree care, forestry, recycling, sawmill and bio-energy markets. With more than 50 years of industry experience, Morbark offers a wide variety of high-performance, heavy-duty brush chippers and stump grinders to fit your every need.

Terex Corporation is a global manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company offers lifecycle solutions to a range of industries, including the construction, manufacturing, transportation, refining, energy, utility, mining industries. The company's major business segments include aerial work platforms, construction cranes, bulk-material hauling machines, road-paving machines, and container-port cranes.

CBI and Terex Ecotec have named Omaha Track Equipment as the official dealer for the states of Nebraska and Kansas. Omaha Track will immediately assume responsibilities for all sales, rentals, service, and parts in their territory.
Formerly known as The Tie Yard of Omaha, Omaha Track began with three employees selling railroad ties to landscapers. Their industry specialization has allowed them to expand into providing their customers with custom built rail tracks, accessories, and a large assortment of construction equipment.
Omaha Track Equipment is committed to remaining an industry leader by continually growing the value they add for customers. Today, the business consists of three separate operating divisions supported by their corporate office in Omaha, Nebraska.

Segmentation Overview:

Among different product types, Disc- style Chipper Shredder segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Forestry & Biomass segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Wood Chipper Shredder market covered in Chapter 3:

Vermeer
Brucks
Terex
MTD Products
Timberwolf Wood Chippers
J.P. Carlton
Bandit
Peterson
Zenoah
Patriot
GreenMech
Weifang Fred Machinery
Morbark
Gooler International Group
ECHO Bear Cat

In Chapter 4 and Chapter 14.2, on the basis of types, the Wood Chipper Shredder market from 2018 to 2029 is primarily split into:

Drum-style Chipper Shredder
Disc- style Chipper Shredder
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Wood Chipper Shredder market from 2018 to 2029 covers:

Forestry & Biomass
Tree Care
Sawmill
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)