Wood Chipper Machines Market Growth, Size, Share, Trends, and Forecast 2032

Wood Chipper Machines Market Insights

According to the report published by Zion Market Research, the global Wood Chipper Machines Market size was valued at USD 446.4 Million in 2023 and is predicted to reach USD 599.9 Million by the end of 2032. The market is expected to grow with a CAGR of 3.46% during the forecast period. The report analyzes the global Wood Chipper Machines Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Wood Chipper Machines Market industry.

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Global Wood Chipper Machines Market: Overview

A wood chipper machine is used to reduce wood usually tree trunks or limbs into small wood chips as well as pulverize the wood. As a part of the cutting mechanism, the wood chipper machine consists of a disc grinder or a hammer mill. Owing to the efficient cutting mechanism of the wood chipper machines they are the most popular and widely used in several industries. The wood chipper machines are available in several ranges which fulfills both the budget and requirement.

Global Wood Chipper Machines Market: Growth Factors

The global wood chipper machines market is rising at a healthy growth rate. Factors such as an increase in the number of construction projects, a rise in demand for wood in several industries, and speedy urbanization demanding for clearing forest lands are majorly fostering the growth of the global wood chipper machines market. The wood chipper machines are widely used in numerous industrial sectors such as paper & pulp, biomass, agriculture, textile, plywood, and much more to fuel the production process or customized applications. These machines are also used to prepare compost, maintenance & cleaning of commercial & residential property, preparation of raw materials necessary for biomass.

In addition to this, the machines can also be used to clean up the drives after earthquakes, storms as well as floods. Such a wide range of applications of the wood chipper machines has resulted in the rise in its demand thereby propelling the growth of the global market. Moreover, high competition among the key players and expanding paper & pulp industry are also the factors that are fostering the growth of the market. Furthermore, the advancements in the technologies and launch of new products with advanced features will result in numerous opportunities for the growth of the global market during the forecast period. However, factors such as lack of safety measures and inconsistency in fuel prices may restrain the growth of the global wood chipper machines market.

The global wood chipper machines market has experienced devasting effects due to the spread of coronavirus. The agriculture sector, pulp & paper as well as plywood & textile industries are severely hit by the pandemic as the complete lockdown and restriction on the trade & transport policies were enforced by the government of several countries. Due to changes in consumer behavior, the demand for residential applications of wood such as furniture has been decreased. Thus, the substantial dropdown in the demand for wood from the industrial sector as well as the consumer has resulted in the steady growth of the global wood chipper machines market.

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Global Wood Chipper Machines Market: Segmentation

The global wood chipper machines market is categorized into type, power source, end-user, and region.

Based on the type, the global wood chipper machines market is fragmented into a disc, drum, and high torque roller.

Based on the power source, the global market is classified into electric motor and IC engine.

The end-user segment compromises paper & pulp, construction, timber factories & sawmills, forestry & biomass, and others.

Wood Chipper Machines Market: Report Scope

Global Wood Chipper Machines Market: Regional Analysis

Europe is estimated to account for the largest share in the global wood chipper machines market during the forecast period. The presence of major key players, rise in demand for wood chipper machines from textile industries, and growing demand from the residential & commercial sector for cleaning & maintenance of the property are some of the factors that are augmenting the growth of the market in this region. North America is also expected to contribute to a significant share in the market. This is attributed to expanding paper & pulp industry and the rise in adoption of advanced technologies. The market in Asia Pacific is anticipated to rise at the highest CAGR over the forecast period. Factors such as a rise in the number of construction projects, growing demand for furniture in the commercial & industrial sector, and major key players attracted to expand their business in this region are likely to fuel the growth of the market in this region.

Global Wood Chipper Machines Market: Competitive Players

• China Foma (Group)
• Zenoa
• Patriot
• ECHO Bear Cat
• Peterson
• Vermeer
• Morbark
• Rivim
• Weifang Fred Machinery
• MTD Products
• Terex

are some of the key players operating in the global wood chipper machines market.

The Global Wood Chipper Machines Market is segmented as follows:

By Type 

• disc 
• drum 
• high torque roller

By Power source 

• electric motor
• IC engine 

By End-user 

• compromises paper & pulp
• construction
• timber factories & sawmills
• forestry & biomass
• and others

Global Wood Chipper Machines Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.