India Wood Processing Equipment Market is Expected to Register a CAGR of 6.60% Through 2030
Growing Construction & Infrastructure Development and
Rising Demand for Furniture & Interior Design are likely to propel the market
during the forecast period.
According to
TechSci Research report, “India Wood Processing Equipment Market – By
Region, Competition, Forecast and Opportunities, 2020-2030F”, India Wood Processing Equipment Market was
valued at USD 7.70 Billion in 2024 and is expected to reach USD 11.40 Billion
by 2030 with a CAGR of 6.60% during the forecast period.
India's
booming construction and infrastructure sector is a key driver of the wood
processing equipment market. Rapid urbanization, increasing disposable incomes,
and government initiatives like "Housing for All" and Smart Cities
have significantly boosted demand for wood-based products such as doors,
windows, flooring, and furniture.
With
a rising number of residential and commercial projects, the need for
high-quality processed wood has grown, encouraging investments in advanced wood
processing equipment. Sawmills, CNC routers, and wood planers have become
essential tools for efficiently producing wood products used in construction.
Additionally, engineered wood products such as plywood and MDF (medium-density
fiberboard) are gaining popularity due to their cost-effectiveness and
durability, further propelling the demand for specialized processing machinery.
Moreover, infrastructure projects, including railways, airports, and highways,
require wooden materials for various applications such as interior paneling and
framework structures. The expansion of commercial spaces, such as hotels and
office buildings, also contributes to the increasing adoption of
high-performance wood processing equipment. With the Indian government’s
emphasis on sustainable and efficient construction, the wood processing
industry is expected to continue growing, making advanced machinery a
necessity.
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Based
on End User, The Commercial held the largest market share in 2024. The commercial segment dominates the India
wood processing equipment market due to its large-scale demand, technological
advancements, and growing industrial applications. Several factors contribute
to this dominance:
India’s
booming construction industry, driven by urbanization, real estate growth, and
infrastructure projects, significantly fuels demand for processed wood.
Commercial applications such as hotels, office spaces, malls, and airports
require large quantities of wood-based products like doors, panels, flooring,
and furniture, driving the need for advanced wood processing machinery.
The
rise of modular and customized furniture for residential and commercial spaces
has led to increased adoption of automated wood processing equipment.
Large-scale manufacturers and furniture brands, including IKEA, Pepperfry, and
Urban Ladder, rely on commercial-grade CNC routers, panel saws, and edge
banding machines for mass production and precision cutting.
The
commercial segment increasingly utilizes automated and CNC-based machines to
enhance production efficiency, reduce waste, and meet high-quality standards.
Electrical wood processing equipment, IoT-enabled systems, and AI-driven
machinery are widely adopted by large manufacturers, further strengthening the
commercial segment's dominance.
With
growing awareness of sustainable wood practices, commercial manufacturers are
investing in MDF, plywood, and particleboard production, requiring
sophisticated processing equipment. The demand for eco-friendly wood solutions
has further accelerated the growth of commercial wood processing.
Based on region,
North India has emerged as
the fastest-growing region in the Indian wood processing equipment market due
to rapid urbanization, increasing construction activities, and the expansion of
the furniture industry. Several factors contribute to this growth:
The
Delhi-NCR, Punjab, Haryana, Uttar Pradesh, and Rajasthan regions are
experiencing a surge in real estate and infrastructure projects. Government
initiatives like Smart Cities Mission, Pradhan Mantri Awas Yojana (PMAY), and
metro rail expansions are driving demand for wood-based products such as doors,
windows, flooring, and interior fittings. As a result, the demand for advanced
wood processing machinery has increased significantly.
North
India is home to major furniture manufacturing hubs such as Saharanpur (Uttar
Pradesh) and Jaipur (Rajasthan). These regions have a rich tradition of
woodcraft, and with the rise of modern woodworking techniques, manufacturers
are increasingly adopting CNC routers, automated sawmills, and edge banding
machines to improve production efficiency and product quality.
The
rapid development of hotels, corporate offices, shopping malls, and co-working
spaces has led to increased demand for modular and customized furniture,
further driving the need for sophisticated wood processing equipment.
The
government’s “Make in India” initiative and policies promoting local
manufacturing have encouraged investments in wood processing technology.
Additionally, industrial zones in Noida, Gurugram, and Ludhiana are fostering
technological advancements, making North India a hotspot for market growth.
Major companies
operating in the India Wood Processing Equipment Market are:
- Biesse S.p.A
- SCM Group
- Oliver Machinery
Company
- FELDER USA
- Thermwood
Corporation
- Bezner-Oswald
GmbH
- Stiles
Machinery Inc.
- Durr India Pvt Ltd.`
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“The Indian wood processing equipment
market presents significant growth opportunities driven by rising construction
activities, increasing demand for modular furniture, and advancements in
automation. The expansion of the real estate sector, coupled with growing
urbanization, has fueled the need for high-quality processed wood.
Additionally, the shift toward sustainable and engineered wood products creates
demand for advanced machinery. Government initiatives like "Make in
India" encourage domestic manufacturing, reducing reliance on imports. The
adoption of CNC and IoT-enabled equipment further enhances efficiency and
precision, making India an attractive market for global and local manufacturers
seeking to capitalize on evolving industry trends.” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based global management
consulting firm.
“India Wood Processing
Equipment Market, By Operating Principal (Mechanical,
Electrical), By Product Type (Thickness Planer, Grinding Machines, Chain/Chisel
Mortise, Routers, Wood Lathes, Others), By End User (Residential, Commercial,
Industrial, Infrastructure) By Region, Competition, Forecast &
Opportunities, 2020-2030F”,
has evaluated the future growth potential of India Wood Processing Equipment
Market and provides statistics & information on Market size, structure and
future Market growth. The report intends to provide cutting-edge Market
intelligence and help decision-makers make sound investment decisions., The
report also identifies and analyzes the emerging trends along with essential
drivers, challenges, and opportunities in the India Wood Processing Equipment
Market.
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