Woodworking and Paper Machinery Market Report 2026

The woodworking and paper machinery market size has grown strongly in recent years. It will grow from $49.45 billion in 2025 to $53.04 billion in 2026 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to growth in furniture manufacturing, expansion of paper production, industrial automation adoption, rising construction activity, demand for processed wood products.

The woodworking and paper machinery market size is expected to see strong growth in the next few years. It will grow to $72.41 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to growth in sustainable packaging demand, automation in woodworking facilities, expansion of engineered wood products, rising demand for precision paper machinery, investments in smart factories. Major trends in the forecast period include rising adoption of automated processing machines, growing demand for high capacity machinery, expansion of cnc based woodworking equipment, increasing focus on energy efficient machines, shift toward precision manufacturing.

The woodworking and paper machinery market is poised for growth, driven by the expanding e-commerce industry. E-commerce, involving online buying and selling of goods and services, has led to increased demand for packaging materials like cardboard and corrugated paper. This, in turn, fuels the need for paper machinery used in packaging production. For example, in August 2023, the U.S. Census Bureau reported a 2.1% increase in U.S. retail e-commerce sales for the second quarter of 2023, reaching an estimated $277.6 billion compared to the first quarter of the same year. Consequently, the rapid growth of e-commerce is a key driver for the woodworking and paper machinery market.

The woodworking and paper machinery markets are set to benefit from the rising demand in the construction industry for wooden or wood-framed homes. Woodworking machinery plays a crucial role in processing wood components used in constructing such homes, like cross-laminated timber (CLT) and laminated veneer lumber (LVL). For instance, in February 2024, the Infrastructure and Projects Authority, a UK-based government agency, reported that the planned investment of £164 billion in major infrastructure and construction projects for 2024/25 exceeds that of 2023/24, reflecting strong economic growth. Over the next decade, total projected investments are estimated to range between £700 billion and £775 billion. As a result, the growing demand from the construction industry is expected to drive the woodworking and paper machinery market during the forecast period.

Major companies in the woodworking and paper machinery markets are actively developing innovative products, such as kraftliner machines, to enhance their offerings. Kraftliner machines are industrial devices used in paper manufacturing to produce high-strength kraftliner paper, commonly used in packaging, particularly for corrugated boxes. For instance, in April 2023, the Voith Group, a German technology company specializing in papermaking machinery, introduced the world's largest kraftliner machine for SCA, a Swedish forest industry company. This machine boasts impressive specifications, including a design speed of 1,400 meters per minute and a wire width of 10,200 mm. It is capable of producing 725,000 tons of high-quality kraftliner annually, with basis weights ranging from 100 to 200 gsm. This innovation significantly increases SCA's production capacity by 270,000 tons while reducing resource consumption and maximizing productivity with minimal production costs.

Major companies operating in the woodworking and paper machinery market are Mitsubishi Heavy Industries Ltd., Valmet Oyj, ANDRITZ AG, Voith GmbH & Co. KGaA, A.Celli Group S.r.l., Toscotec S.p.A., PMP Group - Paper Machinery Producer Group S.p.A., S. L. Paper Machines LLP, Parason Machinery Pvt. Ltd., Bellmer GmbH, Kadant Inc., BW Papersystems GmbH, HOMAG Group AG, SCM Group S.p.A., Biesse Group S.p.A., IMA Schelling Group GmbH, Felder Group KG, Wilhelm Altendorf GmbH & Co. KG, Martin Woodworking Machines Corporation, Michael Weinig AG, HOLZ-HER GmbH, Leadermac Machinery Co., Ltd., Viet S.p.A., Cefla Finishing Group S.p.A.

Western Europe was the largest region in the woodworking and paper machinery market in 2025. Asia-Pacific was the second largest region of the woodworking and paper machinery market. The regions covered in the woodworking and paper machinery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the woodworking and paper machinery market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The woodworking and paper machinery market consists of sales of circular and band sawing equipment, planning machinery, and sanding machinery, and/or manufacturing paper industry machinery for making paper and paper products, such as pulp making machinery, paper and paperboard making machinery, and paper and paperboard converting machinery. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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