Global Chain Saw Market - 2023-2030

Overview

Global Chainsaw Market reached US$ 3.18 billion in 2022 and is expected to reach US$ 4.62 billion by 2030, growing with a CAGR of 4.8% during the forecast period 2023-2030.

The global chainsaw market has witnessed significant growth and transformations over the years. Chainsaw equipment is highly being adopted in commercial and industrial applications as the can be effective performance for activities such as tree felling, cutting firebreaks, cutting lumber, and some others, Hence, such activities can lead to driving the global chainsaw market.

Furthermore, many manufacturing companies are launching innovative high-quality in order to attract a larger consumer base. For instance, in February 2023, Husqvarna company launched a Power Axe 350i chainsaw, a combination of ergonomics, and ease-of-use battery power that provides comfort for fast pruning, limbing, high performance, superior cutting power accompanied by a lighter weight design. This equipment is balanced by a battery. Such product launches can help increase the adoption rate.

The fuel chainsaw equipment accounts for over half of the market share. Similarly, the Asia-Pacific dominates the chainsaw market, capturing the largest market share of over 1/3rd. Australia remains the largest consumer of chainsaws as the increase in log production in this region by US$ 2.3 million, this helps inincreasing the market in this region.

Dynamics

Increase Demand for Timber Goods

The demand for timber goods such as furniture, paper production, and others is increasing among consumers which led the manufacturers to adopt chainsaw technology, as this equipment can be operated by fuel, and ergonomics and helps in providing high efficiency in tree pruning, felling and processing, such factors can help in increasing the adoption rate for chainsaw equipment.

Furthermore, many manufacturing companies are launching high-quality products in order to attract larger consumer bases. For instance, in November 2022, ECHO company launched a CS-4010 a new gas chainsaw high-power 41.6cc 2-stroke engine and a dry weight of 9.4 lbs, this provides 13% more horsepower than the CS-400 and is ideal for cutting firewood and storm cleanup. Such products help increase the market for chainsaws.

Product Launches

The demand for chainsaws is rising because they deliver high performance in a short amount of time. This contributes to an increase in adoption rates in both the commercial and non-commercial sectors for a variety of tasks, including tree-cutting, pruning, and heavy-duty tasks in the construction industry.

Furthermore, many manufacturers are launching a wide range of high-quality products in order to expand their portfolios. For instance, in May 2022, Dewalt company launched two new chainsaws One is a 60V MAX Brushless 18" Chainsaw bear with a powerful brushless motor with a 2.85 HP peak power to perform on heavy-duty applications. and second 60V MAX Brushless 20 chainsaw powerful brushless motor has a 4 HP peak power for heavy-duty applications, being able to cut through a white oak log in as little as 18 seconds. Such products help in increasing the market growth.

High Equipment Costs

High equipment costs can indeed be a significant restrains the growth of the chainsaw market. Small-scale farmers will not be willing to adopt these advanced technologies due to higher prices they might opt for other alternative sources that are less expensive when compared to these. Which could hamper the market growth.

Furthermore, high equipment costs can depend upon the brand, quality of materials used in them, area of availability and others. For instance, the GKE 40 BCE chainsaw which is 2,100 W with 400mm culler length and speed of 12m/s is US$ 361.00 which is produced by Bosch company. Hence, such high prices can hamper the market growth.

Segment Analysis

The global chainsaw market is segmented based on type, bar length, use, distribution channel, application and region.

Increase Deamd for Effective Cutting Equipments

The fuel chainsaw segment holds the maximum share in the global chainsaw market, the commercial industries are adopting this fuel chainsaw equipment as it provides high power performance and output. This equipment offers high torque capacity which helps in the increase in usage for dense woods and construction purposes. They can also run for a long time when compared to other chainsaws, which can lead to an increase in adoption rate.

Furthermore, many manufacturing companies are launching innovative high-quality products in order to expand their portfolios and to increase their market size. For instance, in May 2023, Husqvarna launched the T540 XP(R) Mark III, a top-handle petrol chainsaw with impressive power-to-weight. It is highly used by arborists and professional tree care teams. The 40cc class petrol engine combined with the SP21G chain delivers superb cutting capacity with fast acceleration for safe and efficient treetop work. Such products can help in increasing the adoption rate.

Geographical Penetration

Increase in Timber production and Harvesting area

Asia-Pacific has been a dominant force in the global chainsaw market and its significance has only grown in the post-2020 era. The agriculture and construction industries in this region are highly adopting this equipment as it provides effective performance in cutting trees, limbing, bucking, and pruning. It is used for cutting into concrete materials, such factors can help in increasing the usage of chainsaw equipment.

Furthermore, the log harvest in this region is increasing as consumers are investing more in timber-based products. For instance, according to the ABARES Australian Forest and Wood Products Statistics Report of 2022, the total value of commercial plantation of log harvest volume is 22.5 million cubic meters. It helps increase the usage of chainsaw equipment

Additionally, the demand for timber products is increasing in this region which leads to an increase in the production of timber. For instance, according to the ABARES Australian Forest and Wood Products Statistics report of 2022, the total harvest value of logs in 2021-22 is US$2.3 million. The increase in production helps in increasing the usage of chainsaw in this region.

Competitive Landscape

The major global players in the market Andreas stihl ag & co. Kg, Husqvarna AB, Alfred Karcher SE & Co. KG, Zhejiang zomax garden machinery co., ltd., Makita Corp, Robert Bosch GmbH, Stanley Black & Decker Inc., The Siam Chainsaw Group, Oregon Tools and Koki Holdings Co. Ltd.

COVID-19 Impact Analysis

The pandemic has brought distribution in the supply chain, many manufacturing companies are shut down due to government lockdown restrictions which has led to a decrease in the availability of raw materials in the market. This has shown a negative impact on the growth of the global chainsaw market.

Furthermore, during the pandemic, much chainsaw equipment consumed by such as commercial construction, and timber industries, came to a standstill, leading to a slump in demand for chainsaws, and also during pandemic people remind their houses which reduced deforestation, which led to a decrease in chainsaw market.

Russia-Ukraine War Impact Analysis

The ongoing conflict between Russia and Ukraine has brought a disruption to the country's economy. Many manufacturing companies are shut down due to fewer exports, imports and low employment rates, this has led to a decrease in the availability of products in the market. Which shows a negative impact on the global chainsaw market.

Furthermore, due to the low country economy, many major projects and constructions are stopped which has led to a decrease in the usage of chainsaw equipment, people started investing more in essential requirements due to low income, and this has led to a decrease in the adoption rate.

By Type

• Gas Chainsaw
• Electric Chainsaw
• Fuel Chainsaw
• Others

By Bar Length

• Below 16 inches
• 16-18 inches
• Above 18 inches
• Others

By Use

• Tree Felling
• Bucking
• Pruning
• Wood Carving
• Ice Sculpting
• Construction
• Others

By Distribution Channel

• Company Store
• E-Commerce
• Specialty Stores
• Others

By Application

• Commercial
• Residential

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
• Middle East and Africa

Key Developments

• In January 2021, Arrowhead Engineered Products acquired TriLink Saw Chain, a leading distributor of chainsaw chains, guide bars and other accessories used in the arborist and forestry industries. The acquisition adds to Arrowhead's global footprint as the largest aftermarket hard parts supplier in the outdoor power equipment (OPE) marketplace.
• In November 2022, Shell Plc has an agreement with the environmentally considerate lubricants business of Panolin group. The transaction includes the PANOLIN brand, ECL product formulations, intellectual property, technical expertise and technology, international customer base and portfolio of products - for hydraulics, gears, universal tractor transmission oils, biodegradable engine oils (HDEO), turbine oils, chainsaw oils and greases for machine lubrication, including leading OEM-approved products.

Why Purchase the Report?

• To visualize the global chainsaw market segmentation based on type, bar length, use, distribution channel, application and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of chainsaw market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global Chainsaw market report would provide approximately 77 tables, 83 figures and 186 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies