The Business Research Company published its Wood Processing Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Wood Processing market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus. The report covers the wood processing market’s segments- by type: sawmills, wood preservation.
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Wood Processing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global wood processing market is expected to decline from $143.9 billion in 2019 to $140.3 billion in 2020 at a compound annual growth rate (CAGR) of -2.6%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $167.9 billion in 2023.
Robots are replacing traditional hand sanding and wood finishing tools. Robot based wood automation tool providers have launched robots that carry out wood sanding, polishing and finishing precisely and quickly. They are developing technologies for assembling a wooden window frame to routing designs in wood panels for a wide range of materials and surfaces.
Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Wood Processing Market Characteristics
4. Wood Processing Market Product Analysis
5. Wood Processing Market Supply Chain
……
19. Wood Processing Market Competitive Landscape
20. Key Mergers And Acquisitions In The Wood Processing Market
21. Market Background: Wood Products Manufacturing Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer
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Few Points From List Of Table
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Wood Processing Market, 2019, By Region, Value ($ Billion)
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Table 127: Global Wood Processing Market In 2023- Growth Countries
Table 128: Global Wood Processing Market In 2023- Growth Segments
Table 129: Global Wood Processing Market In 2023- Growth Strategies
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These printers produce extremely intricate shapes and high-end components used in low-volume products, such as supercars, aircraft, satellites, and medical equipment.
