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Global Woodworking Router Bits Market to reach USD XX billion by 2028.

Global Woodworking Router Bits Market Size study, by Operation (Woodworking Router Bits for Jointing & Rebating, Woodworking Router Bits for Cutting, Woodworking Router Bits for Grooving) by Tool Type (Rabbeting Bits, Door/Window Making Router Bits, Flush Trim Router Bits, Edge Making Router Bits, Grooving Router Bits, Slot Making Router Bits, Spiral Router Bits, Straight Router Bits, Others (Chamfer, Bead, Dove Tail, Thumbnail, Molding, Round Over, Flat Rounding, Ogiee, Cove, Stile)) by Shank Size (1/2" Woodworking Router Bits, 1/4" Woodworking Router Bits, 3/8" Woodworking Router Bits, 3/4" Woodworking Router Bits, 5/8" Woodworking Router Bits, 5/16" Woodworking Router Bits) and Regional Forecasts 2022-2028

Product Code: OIRIA-76599874
Publish Date: 20-04-2022
Page: 200

Global Woodworking Router Bits Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Woodworking Router Bits are used to create wood joints and to shape the edges of wood. Router bits come in a large variety of designs to create decorative effects. Growing furniture market and increasing use of wood in end-use verticals are key drivers for the growth of Woodworking Router Bits market. For instance, according to global database management company Statista- in the year 2020, the global market of furniture was valued at USD 509.8 billion, and it is estimated to be valued at USD 650.7 billion by 2027. furthermore, in December 2021 US based manufacturer of industrial tools and household hardware Stanley Black & Decker acquired two leading companies in the outdoor power equipment industry named MTD Holdings Inc (“MTD”) and the Excel Industries. Also, with the increasing urbanization and rising disposable income and rising construction sector in emerging markets, the adoption & demand for Woodworking Router Bits is likely to increase the market growth during the forecast period. However, decrease in wood supply due to government restrictions and fluctuating cost of raw materials impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Woodworking Router Bits Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing adoption of wood in residential and commercial construction applications in the region. Whereas Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as rapid urbanization and growing disposable income in the region would create lucrative growth prospects for the Woodworking Router Bits market across Asia-Pacific region.

Major market player included in this report are:
Robert Bosch Tool Corporation
Stanley Black and Decker, Inc.
KANEFUSA Corporation
Amana Tool Corporation
Freud Tools Pvt Ltd.
Vortex Tool Company Inc.
Whiteside Machine Company
WOODCRAFT SUPPLY LLC
Dimar Group Pvt Ltd.
Sistemi Klein Pvt Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Operation:
Woodworking Router Bits for Jointing & Rebating
Woodworking Router Bits for Cutting
Woodworking Router Bits for Grooving
By Tool Type:
Rabbeting Bits
Door/Window Making Router Bits
Flush Trim Router Bits
Edge Making Router Bits
Grooving Router Bits
Slot Making Router Bits
Spiral Router Bits
Straight Router Bits
Others (Chamfer, Bead, Dove Tail, Thumbnail, Molding, Round Over, Flat Rounding, Ogiee, Cove, Stile)
By Shank Size:
1/2″ Woodworking Router Bits
1/4″ Woodworking Router Bits
3/8″ Woodworking Router Bits
3/4″ Woodworking Router Bits
5/8″ Woodworking Router Bits
5/16″ Woodworking Router Bits
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Woodworking Router Bits Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Woodworking Router Bits Market, by Region, 2020-2028 (USD Billion)
1.2.2. Woodworking Router Bits Market, by Operation, 2020-2028 (USD Billion)
1.2.3. Woodworking Router Bits Market, by Tool Type, 2020-2028 (USD Billion)
1.2.4. Woodworking Router Bits Market, by Shank Size, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Woodworking Router Bits Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Woodworking Router Bits Market Dynamics
3.1. Woodworking Router Bits Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing Furniture Industry.
3.1.1.2. Increasing use of wood in end-use verticals.
3.1.2. Market Challenges
3.1.2.1. Fluctuating cost of raw material.
3.1.2.2. Decrease in wood supply.
3.1.3. Market Opportunities
3.1.3.1. Rising Construction Sector in emerging Markets.
3.1.3.2. Rapid urbanization and rising disposable income.
Chapter 4. Global Woodworking Router Bits Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Woodworking Router Bits Market, by Operation
6.1. Market Snapshot
6.2. Global Woodworking Router Bits Market by Operation, Performance – Potential Analysis
6.3. Global Woodworking Router Bits Market Estimates & Forecasts by Operation 2018-2028 (USD Billion)
6.4. Woodworking Router Bits Market, Sub Segment Analysis
6.4.1. Woodworking Router Bits for Jointing & Rebating
6.4.2. Woodworking Router Bits for Cutting
6.4.3. Woodworking Router Bits for Grooving
Chapter 7. Global Woodworking Router Bits Market, by Tool Type
7.1. Market Snapshot
7.2. Global Woodworking Router Bits Market by Tool Type, Performance – Potential Analysis
7.3. Global Woodworking Router Bits Market Estimates & Forecasts by Tool Type 2018-2028 (USD Billion)
7.4. Woodworking Router Bits Market, Sub Segment Analysis
7.4.1. Rabbeting Bits
7.4.2. Door/Window Making Router Bits
7.4.3. Flush Trim Router Bits
7.4.4. Edge Making Router Bits
7.4.5. Grooving Router Bits
7.4.6. Slot Making Router Bits
7.4.7. Spiral Router Bits
7.4.8. Straight Router Bits
7.4.9. Others (Chamfer, Bead, Dove Tail, Thumbnail, Molding, Round Over, Flat Rounding, Ogiee, Cove, Stile)
Chapter 8. Global Woodworking Router Bits Market, by Shank Size
8.1. Market Snapshot
8.2. Global Woodworking Router Bits Market by Shank Size, Performance – Potential Analysis
8.3. Global Woodworking Router Bits Market Estimates & Forecasts by Shank Size 2018-2028 (USD Billion)
8.4. Woodworking Router Bits Market, Sub Segment Analysis
8.4.1. 1/2″ Woodworking Router Bits
8.4.2. 1/4″ Woodworking Router Bits
8.4.3. 3/8″ Woodworking Router Bits
8.4.4. 3/4″ Woodworking Router Bits
8.4.5. 5/8″ Woodworking Router Bits
8.4.6. 5/16″ Woodworking Router Bits
Chapter 9. Global Woodworking Router Bits Market, Regional Analysis
9.1. Woodworking Router Bits Market, Regional Market Snapshot
9.2. North America Woodworking Router Bits Market
9.2.1. U.S. Woodworking Router Bits Market
9.2.1.1. Operation breakdown estimates & forecasts, 2018-2028
9.2.1.2. Tool Type breakdown estimates & forecasts, 2018-2028
9.2.1.3. Shank Size breakdown estimates & forecasts, 2018-2028
9.2.2. Canada Woodworking Router Bits Market
9.3. Europe Woodworking Router Bits Market Snapshot
9.3.1. U.K. Woodworking Router Bits Market
9.3.2. Germany Woodworking Router Bits Market
9.3.3. France Woodworking Router Bits Market
9.3.4. Spain Woodworking Router Bits Market
9.3.5. Italy Woodworking Router Bits Market
9.3.6. Rest of Europe Woodworking Router Bits Market
9.4. Asia-Pacific Woodworking Router Bits Market Snapshot
9.4.1. China Woodworking Router Bits Market
9.4.2. India Woodworking Router Bits Market
9.4.3. Japan Woodworking Router Bits Market
9.4.4. Australia Woodworking Router Bits Market
9.4.5. South Korea Woodworking Router Bits Market
9.4.6. Rest of Asia Pacific Woodworking Router Bits Market
9.5. Latin America Woodworking Router Bits Market Snapshot
9.5.1. Brazil Woodworking Router Bits Market
9.5.2. Mexico Woodworking Router Bits Market
9.6. Rest of The World Woodworking Router Bits Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Robert Bosch Tool Corporation
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments

10.2.2. Stanley Black and Decker, Inc.
10.2.3. KANEFUSA Corporation
10.2.4. Amana Tool Corporation
10.2.5. Freud Tools Pvt Ltd.
10.2.6. Vortex Tool Company Inc.
10.2.7. Whiteside Machine Company
10.2.8. WOODCRAFT SUPPLY LLC
10.2.9. Dimar Group Pvt Ltd.
10.2.10. Sistemi Klein Pvt Ltd.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
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