Circular Saw Blade Market, By Product Type (Circular Saw Blades, Band Saw Blades, Chain Saw Blades, Hand Saw Blades, and Others), By Application (Wood Cutting, Metal Cutting, Stone Cutting, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jun 2024

Code : CMI7067

Pages :140

Formats :

Excel and PDF

Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Circular Saw Blade Market Concentration By Players

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Renovation and Remodeling Boom

In addition to new construction, the renovation and remodeling sector has emerged as a major driver of the circular saw demand. In many developed countries, the existing housing stock is aging and consumers have more disposable income nowadays to invest in home renovations and improvements. This has created a huge remodeling and renovation market worth billions. Homeowners regularly undertake projects such as kitchen makeovers, bathroom face-lifts, basement finishing, deck building, fence installation, etc. which require extensive woodwork. Additionally, with evolving design trends, people remodel different areas of their homes more frequently than before.

A similar remodeling boom is being witnessed in commercial properties as well with malls, offices, retail outlets being refurbished or retrofitted periodically. Aging infrastructure also drives renovation activities in industrial facilities. All these remodeling works involve reconstruction tasks that utilize power wood cutting tools.

Key Players Insights