The Circular Saw Blades Global Market Report 2023, provides comprehensive information on the circular saw blades market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global circular saw blades market is expected to grow from $9.97 billion in 2022 to $10.21 billion in 2023 at a compound annual growth rate (CAGR) of 2.38%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The circular saw blades market is expected to reach $12.75 billion in 2027 at a CAGR of 5.72%.
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Technological advancements are a popular trend in the circular saw blade market. Major companies operating in the circular saw blades market are focused on technological advancements to meet demand and sustain their position in the market. For instance, in August 2022, LENOX tools, a Stanley Black & Decker company, an India-based tools manufacturing company, introduced WAVE EDGE, a reciprocating saw blade technology. The WAVE EDGE technology offers a new tooth form and design to enhance the cutting process and give smoother results with the saw. Additionally, the company also introduced products that include METALWOLF, MULTIWOLF, DEMOWOLF, LUMBERWOLF.
The circular saw blades market is segmented:
1) By Type: Carbide Saw Blades, Diamond Saw Blades, Other Types
2) By Blade Diameter: 5-1/2 Inches, 7-1/4 Inches, Other Blade Diameters
3) By Application: Wood And Wood-Based Materials Cutting, Metal Materials Cutting, Stone Cutting, Other Applications
North America was the largest region in the circular saw blades market in 2022.
The table of contents in TBRC’s circular saw blades market report includes:
Market Trends And Strategies
Impact Of COVID-19
Market Size And Growth
Regional And Country Analysis
Competitive Landscape And Company Profiles
Key Mergers And Acquisitions
Future Outlook and Potential Analysis
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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