Global Chainsaws Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

A chainsaw is a portable mechanical saw that is powered by gasoline, electricity, or a battery. It typically consists of a small two-stroke engine or electric motor, a chain fitted with cutting teeth, and a guide bar that provides support for the chain as it cuts through wood or other materials. Chainsaws are commonly used for tasks such as tree felling, limbing, and pruning, as well as for cutting firewood, carving, and other applications.

Sizing and Forecast

The chainsaws market size has grown strongly in recent years. It will grow from $4.31 billion in 2023 to $4.73 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. The growth in the historic period can be attributed to rural and urban landscaping, raw material costs, homeowner and diy market, industrial and commercial use, user preferences.

The chainsaws market size is expected to see rapid growth in the next few years. It will grow to $7.07 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to supply chain dynamics, emerging user segments, economic trends, market expansion, regulatory compliance. Major trends in the forecast period include environmental regulations, user safety and ergonomics, battery-powered chainsaws, market competition, demand from professional users.

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Segmentation & Regional Insights

The chainsaws market covered in this report is segmented –

1) By Product Type: Gas Powered, Electric Corded, Cordless
2) By Bar Length Type: Below 16 Inch, 16-18 Inch, Above 18 Inch
3) By Distribution Type: Online, Offline
4) By Application: Commercial, Residential
5) By End Use: Tree Felling, Bucking, Pruning, Wood Carving, Ice Sculpting, Construction, Other End Uses

North America was the largest region in the chainsaws market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global chainsaws market report during the forecast period. The regions covered in the chainsaws market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

Increased deforestation is expected to propel the growth of the chainsaw market going forward. Deforestation refers to the removal of trees and forests from a particular area. Deforestation is done to clear land for agricultural or urban development, to obtain wood and other forest products, or to create space for mining. Chainsaws are commonly used in deforestation, for clearing forests for agriculture, mining, and logging, and to fell trees quickly and efficiently, allowing loggers to cut down many trees in a short amount of time. For instance, in November 2023, according to a report by Global Forest Watch, a US-based open-source web application to monitor global forests in near real-time, the United States experienced a significant increase in deforestation, losing 46.5 million hectares of tree cover from 2001 to 2022, resulting in a 17% decrease in overall tree cover since 2000. This alarming trend has contributed to 18.0 gigatons of CO₂e emissions, highlighting the environmental impact of the heightened deforestation rate over the past two decades. Therefore, increasing deforestation is driving the growth of the chainsaw market going forward.

Key Industry Players

Major companies operating in the chainsaws market report are Husqvarna AB, Robert Bosch GmbH, Makita Corporation, Andreas Stihl AG & Co. KG, Zhejiang Zomax Garden Machinery Co. Ltd., Stanley Black & Decker Inc., Remington Power Tools Inc., Oregon Tool Inc., Craftsman, TTI Inc., Echo Incorporated, Briggs & Stratton Corporation, Hitachi Ltd., Blount International Inc., QV Tools LLC, STIHL Inc., DEWALT, EGO Power+, Greenworks Tools, Milwaukee Electric Tool Corporation, Tanaka Power Equipment, WORX Tools, Blue Max, Earthwise, Efco, Homelite, Solo Incorporated, Tanaka, Troy-Bilt, Victa Lawncare Pty Ltd

The chainsaws market report table of contents includes:

1. Executive Summary

2. Chainsaws Market Characteristics

3. Chainsaws Market Trends And Strategies

4. Chainsaws Market – Macro Economic Scenario

5. Global Chainsaws Market Size and Growth

….

31. Global Chainsaws Market Competitive Benchmarking

32. Global Chainsaws Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Chainsaws Market

34. Chainsaws Market Future Outlook and Potential Analysis

 

35. Appendix

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