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Feller Bunchers Market Size

  • Report ID: GMI11228
  • Published Date: Sep 2024
  • Report Format: PDF

Feller Bunchers Market Size

Feller Bunchers Market was valued at USD 3.9 billion in 2023 and is estimated to register a CAGR of over 6.5% between 2024 and 2032, due to the increasing global demand for wood products, including timber, paper, and pulp. As populations grow and urbanization accelerates, the construction industry's need for timber intensifies. Additionally, wood's renewable nature as a raw material supports sustainable forestry practices, further boosting the demand for efficient logging equipment such as feller bunchers. These machines are crucial for quickly and efficiently harvesting large volumes of timber, making them essential in meeting the rising global demand for wood and wood-based products.

 

Moreover, increasing emphasis on sustainable forest management practices globally is driving the market growth. Sustainable forestry aims to meet current resource needs while preserving them for future generations.
 

Stringent environmental regulations concerning deforestation, logging practices, and emissions control present significant challenges for the feller bunchers market. Governments and environmental bodies are increasingly enforcing rules that mandate sustainable forestry practices, thereby limiting logging activities and reducing the demand for feller bunchers.
 

Additionally, the push for lower emissions from machinery necessitates technological upgrades, which increases costs for manufacturers and operators. The prices of essential raw materials, such as steel, rubber, and electronic components, crucial for manufacturing feller bunchers, are highly volatile. These price fluctuations can elevate production costs, leading to higher prices for end-users. This volatility not only affects manufacturers' profitability but may also result in cost-cutting measures that could compromise product quality or hinder innovation.

Authors: Preeti Wadhwani, Aishwarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of feller bunchers was worth over USD 3.9 billion in 2023 and is expected to register 6.5% CAGR from 2024 to 2032, due to the increasing demand for wood products, including timber, paper, and pulp worldwide.

Feller bunchers industry from the tracked feller bunchers segment was reached USD 2.8 billion in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to their ability to distribute their weight evenly across a larger surface area, significantly reducing soil disturbance.

North America feller bunchers industry held 40% share in 2023 and is expected to register a commendable CAGR from 2024 to 2032, due to increasing demand for timber and wood products in the region.

Caterpillar, John Deere, Volvo Construction Company, Ponsse Oyj, Tigercat International Inc., and Kesla, are some of the major feller bunchers companies worldwide.

Feller Bunchers Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 310
  • Countries covered: 22
  • Pages: 240
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