According to IMARC Group’s latest report, titled “Chainsaw Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global chainsaw market grew at a CAGR of 5% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Chainsaw is a compact, portable and handheld mechanical device designed for cutting wood and wood-related products. This machine cuts with a set of teeth attached to a rotating chain that runs along a guide bar which is connected to a small cylinder for gasoline or battery sources. Some of the common product variants available in the market include a battery-powered chainsaw, electric chainsaw, and gas-powered chainsaw. It is widely used for furniture manufacturing, infrastructure remodeling, pulp production and various construction activities across the residential, commercial and industrial sectors.
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Market Trends
Rapid urbanization, along with the rising deforestation rate for infrastructural development, are currently propelling the market growth. Furthermore, elevating consumer living standards have led to the growing demand for wood-based flooring, panels, roofing, etc., are augmenting the utilization of chainsaws in furniture manufacturing applications. Additionally, a significant growth in the hospitality industry is also catalyzing the demand for chainsaws in the installation of various types of hardwoods to provide high durability and enhanced aesthetics. Besides this, the implementation of stringent government policies pertaining to labor safety to prevent mishaps and injuries has escalated the need for compact and lightweight product variants. Moreover, the changing consumer inclination from traditional gasoline-based chainsaws towards eco-friendly substitutes, such as battery-based and electric chainsaws, will continue to drive the market further in the upcoming times.
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List of Key Companies Covered in this Market Report:
- Hitachi Ltd.
- Robert Bosch GmbH
- Husqvarna Group
- Makita U.S.A. Inc. (MAKITA Corporation)
- Andreas Stihl AG & Co. KG.
- Remington Power Tools
- Stanley Black & Decker Inc.
- Blount International Inc.
- Briggs & Stratton Corporation
- Zhejiang Zomax Garden Machinary Co. Ltd. (Zomax Group).
The report has segmented the market on the basis of product type, application and geography.
Breakup by Product Type:
- Gas-Powered
- Electric and Battery Powered
Breakup by Application:
- Residential Construction
- Commercial and Industrial Construction
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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