How Has the Circular Saw Blades Market Evolved Historically and What is its Current Size?
The circular saw blades market has seen considerable growth due to a variety of factors.
•In the past few years, there has been a consistent rise in the market size of circular saw blades. An increase from $10.41 billion in 2024 to $10.68 billion in 2025 is expected, showcasing a compound annual growth rate (CAGR) of 2.6%.
The historic growth rate was primarily the result of advancements in the construction and woodworking sectors, a surge in industrialization and urbanization, the launch of specially designed blades, the increased use of power tools, and the worldwide expansion of manufacturing.
What is the Forecasted Market Size and CAGR for the Circular Saw Blades Market?
The circular saw blades market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size of circular saw blades is anticipated to experience robust expansion. By 2029, it is projected to reach a worth of $14.35 billion, with a compound annual growth rate (CAGR) of 7.7%.
This promising growth prediction for the forecast period can be credited to factors like the rising demand for sustainable resources, the emergence of smart manufacturing, enhanced attention to safety features, and a drive towards lightweight and ergonomic designs. In the forecast era, the major trends to look out for would be the inclusion of IoT in cutting tools, product innovations, collaborations and partnerships, alongside customization and specialization.
What Are The Primary Growth Drivers In The Circular Saw Blades Market?
An upward trend in the need for wood within the realms of building and construction is anticipated to trigger the expansion of the circular saw blades market. Wood, being a primal raw component used for a myriad of applications including construction activities, requires precise and efficient cutting, an ability uniquely enabled by circular saw blades. This precision is crucial within the building and construction sectors where accurate shaping and sizing are paramount, especially for materials like wood and its derivative products. As an example, the Department of Agriculture, Fisheries and Forestry (ABARES), an Australian governmental agency, predicted in September 2022 that global roundwood consumption is set to see a 10% hike by 2030, reaching 2.2 billion cubic meters. It is this rising requirement for wood in the construction and building industries that fuels the growth of the circular saw blades market.
What Is The Segmentation Of The Global Circular Saw Blades Market?
The circular saw blades market covered in this report is segmented –
1) By Type: Carbide Saw Blades, Diamond Saw Blades, Other Types
2) By Blade Diameter: 5-1/2 Inches, 7-1/4 Inches, Other Blade Diameters
3) By Application: Wood And Wood-Based Materials Cutting, Metal Materials Cutting, Stone Cutting, Other Applications
Subsegments:
1) By Carbide Saw Blades: General-Purpose Carbide Blades, Specialty Carbide Blades
2) By Diamond Saw Blades: Segmented Diamond Blades, Continuous Rim Diamond Blades, Turbo Diamond Blades
3) By Other Types: High-Speed Steel (HSS) Blades, Bi-Metal Blades, Abrasive Blades
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What Emerging Trends Are Shaping The Circular Saw Blades Market Landscape?
Progress in technology is a notable trend in the circular saw blade market. The primary firms in the circular saw blade industry are zeroing in on technological innovation to maintain their market position and cater to clients' need. For example, in August 2022, LENOX tools, a Stanley Black & Decker subsidiary from India engaged in tool manufacturing, launched the WAVE EDGE technology, a new reciprocating saw blade technology. This new approach involves an innovative tooth design and pattern, improving the overall cutting procedure and yielding smoother outcomes using the saw. Furthermore, they introduced other items like METALWOLF.
Who Are the Key Players in the Circular Saw Blades Market?
Major companies operating in the circular saw blades market include:
• Robert Bosch GmbH
• Stanley Black and Decker Inc.
• General Saw Corporation
• Makita Corporation
• Festool Group GmbH & Co. KG
• The Milwaukee Electric Tool Corporation
• Ridge Carbide Tool
• Henan Huanghe Whirlwind Co. Ltd.
• Lenox Corporation
• Leitz Tooling Systems LP
• Simonds International Corporation
• KANEFUSA CORPORATION
• Tenryu Saw Mfg Co. Ltd.
• Irwin Industrial Tools
• The Leitz Group
• Amana Tool Corporation
• Jiangsu Fengtai Tools Co. Ltd.
• SKIL tools
• Kinkelder BV
• Diamond Products Limited
• Everede Tool Co.
• Dimar Cutting Tools Ltd.
• Hangzhou Wagen Precision Tooling Co. Ltd.
• Stark S.p.A
• LEUCO AG
• Tangshan Metallurgical Saw Blade Co. Ltd.
• AKE Knebel GmbH & Co. KG
• Freud Produzioni Industriali S.P.A.
• PILANA a.s.
What are the Regional Insights into the Circular Saw Blades Market?
North America was the largest region in the circular saw blades market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the circular saw blades market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
