Veneer Presses Market
The market for Veneer Presses was estimated at $398 million in 2024; it is anticipated to increase to $580 million by 2030, with projections indicating growth to around $795 million by 2035.
Global Veneer Presses Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Veneer Presses industry revenue is expected to be around $423.7 million in 2025 and expected to showcase growth with 6.5% CAGR between 2025 and 2034. The significant growth in the Veneer Presses industry reflects its increasing importance in today's market scenario without a doubt. Aspects like advancements and the rise in construction projects alongside the growing utilization of veneers in furniture manufacturing are driving this growth. Theindustry'simportance persists due to the rising need, for top notch veneer products highlighting the role of Veneer Presses in maintaining superior product quality.
Veneer presses are crucial in the woodworking sector because they are essential for producing veneers from wood slices. They are known for their strength and durability. Can efficiently turn thin wood slices into veneer sheets. They are widely used in industries like furniture making and construction as well as, for producing flooring materials.
Market Key Insights
- The Veneer Presses market is projected to grow from $397.8 million in 2024 to $747 million in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Furniture Manufacturing, Construction & Building Materials and Woodworking Industries.
- Biesse Group, SCM Group, Steton are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Veneer Presses market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- Transition like Automation Impact has greater influence in U.S. and Germany market's value chain; and is expected to add $16 million of additional value to Veneer Presses industry revenue by 2030.
- The Veneer Presses market is set to add $349 million between 2024 and 2034, with manufacturer targeting Flooring Manufacturing & Doors & Window Application projected to gain a larger market share.
- With Increase in demand for fine-finished wooden furniture, and Advancement in veneer pressing techniques, Veneer Presses market to expand 88% between 2024 and 2034.