Market Forecast By Type (Paper Industry Machinery, Woodworking Machinery), By Machine Type (Forming Machines, Pressing Machines, Drying Machines, Sizer Machines), By Operation (Autonomous, Semi-Autonomous, Manual), By Capacity (Small, Medium, Large) And Competitive Landscape
Product Code: ETC429755 | Publication Date: Nov 2022 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Saudi Arabia woodworking and paper machinery market is expected to register growth during the forecast period. The high demand for wood and paper products in the construction and packaging industries is expected to drive the growth of the woodworking and paper machinery market in Saudi Arabia. Moreover, the growing population and rapid urbanization are anticipated to boost the demand for furniture, which in turn is projected to propel the market growth. However, the fluctuating prices of raw materials are anticipated to restraint market growth over the forecast period.
According to 6Wresearch, the Saudi Arabia Woodworking and Paper Machinery Market size is expected to grow during 2022-2028. Woodworking machinery are used in sawmills, lumber mills, carpentry shops, and cabinet & furniture making shops for performing various operations such as sawing, planing, routing, drilling, and shaping. Paper machines are used for manufacturing newsprint paper, tissue paper, coated paperboard stock, and specialty papers.
The rising demand for wood-based furniture from the residential sector is anticipated to drive the Saudi Arabia Woodworking and Paper Machinery Market growth. The growing construction industry in the country is also expected to propel the demand for woodworking machinery over the forecast period. Moreover, the increasing use of paper products in packaging applications is expected to fuel the growth of the paper machinery market in Saudi Arabia.
The Saudi Arabia woodworking and paper machinery industry revenue has faced a number of challenges in recent years. Competition from cheaper imports, a decline in demand from the construction sector and rising costs have all hit the sector hard.
As a result, many companies have been forced to downsize or close altogether. Those that have survived have had to adapt and become more efficient in order to compete. The future of the industry looks uncertain, but there are some signs that things may be starting to improve.
The Saudi Arabia woodworking and paper machinery industry is in a state of transition, with new opportunities emerging in the wake of significant changes in government policies and regulations.
In recent years, the Saudi government has been encouraging private sector investment in the country's non-oil industries, including the woodworking and paper machinery sector. This has resulted in an influx of foreign companies and technologies into the market.
As a result of these developments, the industry is now more competitive than ever before. However, there are still some challenges that need to be addressed, such as high tariffs on imported machinery and raw materials, lack of skilled labor, and limited access to finance.
Despite these challenges, the future looks bright for the Saudi Arabia woodworking and paper machinery industry. With continued government support and private sector investment, the industry is well positioned to take advantage of the growing demand for wood products in Saudi Arabia and the wider region.
The pandemic has reduced the demand for woodwork and paper in the Global woodworking and paper machinery market. This is due to several factors such as the strict lockdown imposed across the globe and reduced economic activities among the producing members. The market also witnessed reduced investment from the private players as confidence in the market was reduced during the pandemic.
Based on type, the rising demand for wood-based furniture from the residential sector is anticipated to drive the growth of the woodworking machinery market in Saudi Arabia. The growing construction industry in the country is also expected to propel the demand for woodworking machinery over the forecast period. Moreover, the increasing use of paper products in packaging applications is expected to fuel the growth of the paper machinery market in Saudi Arabia.
The Saudi Arabia woodworking and paper machinery market is further categorized on the basis of geography into Western Province, Central Province, Eastern Province, and Northern Province. The Central Province accounts for the largest share of the overall market due to its large population base as well as the presence of numerous end-use industries such as construction and furniture.
Some of the major players in the Saudi Arabia woodworking and paper machinery market share include:
These companies are expected to hold a significant share in the market due to their strong product portfolio and wide distribution network.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Woodworking And Paper Machinery Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, 2021 & 2028F |
3.3 Saudi Arabia Woodworking And Paper Machinery Market - Industry Life Cycle |
3.4 Saudi Arabia Woodworking And Paper Machinery Market - Porter's Five Forces |
3.5 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume Share, By Type, 2021 & 2028F |
3.6 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume Share, By Machine Type, 2021 & 2028F |
3.7 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume Share, By Operation, 2021 & 2028F |
3.8 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume Share, By Capacity, 2021 & 2028F |
4 Saudi Arabia Woodworking And Paper Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Woodworking And Paper Machinery Market Trends |
6 Saudi Arabia Woodworking And Paper Machinery Market, By Types |
6.1 Saudi Arabia Woodworking And Paper Machinery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Type, 2018 - 2028F |
6.1.3 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Paper Industry Machinery, 2018 - 2028F |
6.1.4 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Woodworking Machinery, 2018 - 2028F |
6.2 Saudi Arabia Woodworking And Paper Machinery Market, By Machine Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Forming Machines, 2018 - 2028F |
6.2.3 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Pressing Machines, 2018 - 2028F |
6.2.4 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Drying Machines, 2018 - 2028F |
6.2.5 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Sizer Machines, 2018 - 2028F |
6.3 Saudi Arabia Woodworking And Paper Machinery Market, By Operation |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Autonomous, 2018 - 2028F |
6.3.3 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Semi-Autonomous, 2018 - 2028F |
6.3.4 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Manual, 2018 - 2028F |
6.4 Saudi Arabia Woodworking And Paper Machinery Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Small, 2018 - 2028F |
6.4.3 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Medium, 2018 - 2028F |
6.4.4 Saudi Arabia Woodworking And Paper Machinery Market Revenues & Volume, By Large, 2018 - 2028F |
7 Saudi Arabia Woodworking And Paper Machinery Market Import-Export Trade Statistics |
7.1 Saudi Arabia Woodworking And Paper Machinery Market Export to Major Countries |
7.2 Saudi Arabia Woodworking And Paper Machinery Market Imports from Major Countries |
8 Saudi Arabia Woodworking And Paper Machinery Market Key Performance Indicators |
9 Saudi Arabia Woodworking And Paper Machinery Market - Opportunity Assessment |
9.1 Saudi Arabia Woodworking And Paper Machinery Market Opportunity Assessment, By Type, 2021 & 2028F |
9.2 Saudi Arabia Woodworking And Paper Machinery Market Opportunity Assessment, By Machine Type, 2021 & 2028F |
9.3 Saudi Arabia Woodworking And Paper Machinery Market Opportunity Assessment, By Operation, 2021 & 2028F |
9.4 Saudi Arabia Woodworking And Paper Machinery Market Opportunity Assessment, By Capacity, 2021 & 2028F |
10 Saudi Arabia Woodworking And Paper Machinery Market - Competitive Landscape |
10.1 Saudi Arabia Woodworking And Paper Machinery Market Revenue Share, By Companies, 2021 |
10.2 Saudi Arabia Woodworking And Paper Machinery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |