DUBLIN, May 20, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Saw Blades Market 2016-2020" report to their offering.
The global saw blades market is expected to grow at a CAGR of 7.1% during the period 2016-2020.
In the home and office furniture segments, consumers nowadays prefer elegant and luxury furniture. This fuels demand for specialized saw blades that enable precision cutting of wood along with minimal wastage of raw materials. Moreover, concepts such as modular kitchens are increasing due to space constraints in modern housing units, such as apartments.
According to the report, one of the key factors positively driving the global saw blades market is an expected growth in the sawmill market. Saw mills are an essential part of the lumber industry that involves processing of wooden logs and converting them into lumber to be used by end-users for various applications, including building woodwork or furniture and processing into pulp and paper, in the house and commercial construction sectors. Due to rising demand for wood by these end-users, sawmill production has increased in the post-2008 recession period.
Further, the report states that competition from low-cost vendors puts the global suppliers under pressure to reduce the price of their products, resulting in price wars, and affects the profit margins of the vendors in the market, and impedes market growth.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/h2bwhc/global_saw_blades
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SOURCE Research and Markets