Chain Saw Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.27 Billion |
| Market Size (2029) | USD 5.07 Billion |
| CAGR (2024 - 2029) | 3.50 % |
| Fastest Growing Market | Europe |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Chain Saw Market Analysis
The Chain Saw Market size is estimated at USD 4.27 billion in 2024, and is expected to reach USD 5.07 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).
The chain saw market size is estimated at USD 4.27 billion in 2024, and is expected to reach USD 5.07 billion by 2029, growing at a CAGR of 3.5% during the forecast period (2024-2029).
- Chainsaws, or chain saws, are powerful cutting tools containing soothed chains that function like a saw blade to cut through material such as wood quickly. The market is well-established across developed and developing nations due to the chainsaws' utility. Increasing deforestation due to rapid urbanization and rising demand for commodities in emerging economies has driven the chainsaw market in recent years.
- The use of wood in furniture manufacturing, pulp production, and for house construction activities is expected to propel the demand. Further, the market is likely to grow considerably during the forecast period due to the increased demand from sectors such as construction.
- The new product launches help the vendors increase the sales of agricultural and farm machinery, thus increasing their market share. The vendors are trying to attract more consumers by introducing new variants of machinery with improved features and offering agricultural and farm machinery with patented features. The increased emphasis of professional and semi-professional workers toward adopting safety guidelines to prevent injuries and mishaps may drive the market during the forecast period.
Chain Saw Market Trends
Increasing Deforestation and Demand for Commodities and Shelter
The world's population is increasing daily, and this increase in population is leading to increases in deforestation. Also, increased demand for soybeans, palm oil, and wood products leads to deforestation. The demand is driven by the growing population worldwide. Obtaining these agricultural commodities require the clearing of forests to create arable land. Increased production of these commodities in Brazil, Colombia, and Indonesia has resulted in deforestation. Demand for products such as meat and milk has also expanded the grazing land by clearing forest areas. The demand for chainsaws as a tool for bucking, cutting, and felling trees is expected to increase globally due to increased deforestation activities.
The past decade has seen a massive increase in deforestation due to the increasing demand for commodities and shelter worldwide. Brazil has been leading the world in terms of deforestation. The increased use of wood in the manufacture of furniture, the production of pulp, and the construction of houses stimulate the demand for chainsaws. This increase in deforestation is because of the increasing population growth of the world, which has ultimately increased the demand for homes and shelter.
In 2020, the forest area in Brazil was 4.96 million sq. km, which has decreased since a decade. Thus, the market will likely witness considerable growth during the forecast period due to the increased demand from sectors such as construction.
North America Dominates the Chainsaw Market
North America witnessed the largest market share in 2021, which is expected to grow at a significant rate in the coming years. Companies in the chainsaw market are increasingly expanding and launching new products in the North American region owing to the rising demand. For instance, Husqvarna launched its new product line, including two new 70cc saws, two redesigned 50cc saws, gas-powered tree care saws, and some new equipment essentials. It expanded its line of X-Cut chainsaw chains in North America. According to the National Association of home builders, 90% of North American homes are made up of wood. North Americans' choice of wood shelter is due to the reason that wood is considered to be relatively lightweight. It is one of the strongest materials in the market and even outperforms steel. Wood is one of the best materials to support its weight, which means that lesser support is necessary for certain building designs.
According to NAHB analysis of 2021 Census Bureau 2021, 92% of new homes were wood-framed, another 7% were concrete-framed, and less than half a percent were steel-framed. In America, wood is quite cheaper than concrete or masonry for the construction of homes. Wooden frames are known to perform well during extreme storms, especially when they are well constructed. One of the reasons Americans choices for houses made up of wood is due to the low taxes. Taxes on homes built with wood can be considerably lower than on houses built with other materials. Wood is also a good thermal insulator. Wooden products are known to have lower embodied energy while also isolating heat from cold. Due to this reason, buildings that are made from wood usually remain quite warm even during the coldest periods. Heavy snowfall in the North American region has increased the use of firewood, ultimately increasing the demand for chain saws in residential areas. Such factors have improved the use of wood for making homes and shelters and, thus, are expected to drive the chainsaw market during the forecast period.
Chain Saw Industry Overview
The chainsaw market is fragmented due to several global and local players. To provide a smooth user experience, most players in the market offer a wide range of forest, construction, and garden equipment. Vendors are also developing awareness about eco-friendly tools, driving their sales worldwide. Five major players are companies like Husqvarna AB, Robert Bosch GmbH, STIGA SpA, Andreas Stihl Limited, and Oregon Tool Inc. Companies are continuously trying to provide better solutions to their customers with the help of innovations and their R&D sectors. Various developments in product launches and the company's innovation strategies are driving the market globally. Product launches by various companies characterize the market.
Chain Saw Market Leaders
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Husqvarna AB
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Robert Bosch GmbH
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STIGA S.p.A.
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ANDREAS STIHL LIMITED
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Oregon Tool, Inc
*Disclaimer: Major Players sorted in no particular order
Chain Saw Market News
- April 2023: Husqvarna launched T542i XP® and 542i XP®, which the company claims to be the world's first battery chainsaws with a clutch, offering a kick-start of energy at the beginning of every cut and the familiar feel of gas-powered counterparts
- May 2023: Robert Bosch GmbH launched a new advanced cordless chainsaw under the AdvancedChain 36V-35-40 brand.
Chain Saw Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Product Type
5.1.1 Gas-powered
5.1.2 Electric-powered
5.1.3 Battery-powered
5.1.4 Other Product Types
5.2 Application
5.2.1 Residential
5.2.2 Industrial
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Russia
5.3.2.6 Spain
5.3.2.7 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Africa
5.3.5.1 South Africa
5.3.5.2 Rest of Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Robert Bosch GmbH
6.3.2 Blount International Inc.
6.3.3 Husqvarna AB
6.3.4 ANDREAS STIHL Limited
6.3.5 STIGA SpA
6.3.6 AL-KO Kober
6.3.7 Einhell Germany
6.3.8 Emak SPA
6.3.9 Hitachi Ltd
6.3.10 Rochford Garden Machinery
6.3.11 Stanley Black & Decker Inc.
6.3.12 SUMEC Group Corporation
6.3.13 Talon Tough Tools
6.3.14 The Toro Co.
6.3.15 Yamabiko Corp.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Chain Saw Industry Segmentation
A chainsaw is a portable, mechanical saw that cuts with a set of teeth attached to a rotating chain that runs along a guide bar. It is used in activities such as tree felling, limbing, bucking, pruning, cutting firebreaks in wildland fire suppression, and harvesting firewood.
The chainsaw market is segmented by product type (gas-powered, electric-powered, battery-powered, and other product types), application (residential and commercial), and geography (North America, Europe, Asia-Pacific, South America, and Africa). The report also offers the market sizing in terms of value (USD).
| Product Type | |
| Gas-powered | |
| Electric-powered | |
| Battery-powered | |
| Other Product Types |
| Application | |
| Residential | |
| Industrial |
| Geography | |||||||||
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Chain Saw Market Research FAQs
How big is the Chain Saw Market?
The Chain Saw Market size is expected to reach USD 4.27 billion in 2024 and grow at a CAGR of 3.5% to reach USD 5.07 billion by 2029.
What is the current Chain Saw Market size?
In 2024, the Chain Saw Market size is expected to reach USD 4.27 billion.
Who are the key players in Chain Saw Market?
Husqvarna AB, Robert Bosch GmbH, STIGA S.p.A., ANDREAS STIHL LIMITED and Oregon Tool, Inc are the major companies operating in the Chain Saw Market.
Which is the fastest growing region in Chain Saw Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Chain Saw Market?
In 2024, the North America accounts for the largest market share in Chain Saw Market.
What years does this Chain Saw Market cover, and what was the market size in 2023?
In 2023, the Chain Saw Market size was estimated at USD 4.12 billion. The report covers the Chain Saw Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chain Saw Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Chain Saw Industry Report
Statistics for the 2024 Chain Saw market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chain Saw analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
