From GlobeNewswire: 2024-11-07 06:30:00

According to Fact.MR, the Global Firewood Processor Market is projected to reach US$ 256.4 million in 2024 and grow at a CAGR of 2.1% from 2024 to 2034. The rising popularity of firewood processors is due to their status as a renewable energy source, appealing to environmentally conscious individuals and those in colder climates for heating.

The demand for firewood processors is increasing due to the trend of outdoor cooking and activities like camping. North America is experiencing market growth due to traditional wood-burning practices, while East Asia is showing strong demand for firewood processors as a renewable energy source.

The market for firewood processors is expected to reach US$ 315.6 million by 2034. East Asia’s market is projected to grow at 2.2% from 2024 to 2034, while North America is estimated to generate US$ 61.8 million in revenue by 2034. Portable firewood processors are forecasted to reach US$ 184 million in sales by 2034.

Prominent companies in the firewood processor market are adding new features to their offerings like faster processing rates, enhanced safety measures, and higher fuel economy. Leading players in driving innovation include DYNA Products, Multitek North America LLC, and Wood-Mizer LLC.

Portable firewood processors are preferred for their ease of use and mobility, making them ideal for processing wood on-site in remote areas or construction sites. They take up less space and are used in multiple locations, appealing to professionals, homeowners, and outdoor enthusiasts looking for efficient wood processing solutions.

In June 2024, two Utah lumber firms received over US$ 800,000 in funding from the Wood Innovations Program by the United States Forest Service. Blizzard Lumber Co. Inc. and Thompson Sawmill in Summit County were the recipients of this funding.

Fact.MR offers an unbiased analysis of the firewood processor market, providing historical demand data from 2019 to 2023 and forecast statistics from 2024 to 2034. The market is segmented based on product type, drive type, log diameter, power source, and region across seven major regions worldwide.

Other market reports by Fact.MR include studies on Hand Tools and Accessories, Textile Machinery, Welding Machinery, and Forestry Machinery markets. These reports provide insights into market trends, growth projections, and competitive landscapes in various industries.



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