Increased Demand For Wood And Building Construction: A Game-Changing Factor in the Circular Saw Blades Market’s Future Growth
What is the current size and annual growth rate of the circular saw blades market? The circular saw blades market size has grown steadily in recent years. It will grow from $10.41 billion in 2024 to $10.68 billion in 2025 at a compound annual growth rate (CAGR) of 2.6%. The growth in the historic period can be attributed to growth in construction and woodworking industries, industrialization and urbanization, introduction of specialized blades, increased adoption of power tools, globalization of manufacturing The circular saw blades market size is expected to see strong growth in the next few years. It will grow to $14.35 billion in 2029 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to growing demand for sustainable materials, rise of smart manufacturing, increasing focus on safety features, focus on lightweight and ergonomic designs. Major trends in the forecast period include integration of IoT in cutting to...