Woodworking Hot Press Machines Market Insights Video
According to Cognitive Market Research, The Global Woodworking Hot Press Machines market size is USD 1800 million in 2023 and will grow at a compound annual growth rate (CAGR) of 5.60% from 2023 to 2030.
The demand for woodworking hot press machines is rising due to the expanding market for wood goods in the building and furniture sectors. Companies' investments in this industry are anticipated to accelerate its rise even more.
Demand for semi-automatic remains higher in the woodworking hot press machines market.
The construction industry category held the highest woodworking hot press machines market revenue share in 2023.
North America will continue to lead, whereas the European woodworking hot press machines market will experience the strongest growth until 2030.