Edge Bending Machine Market Poised For Steady Growth In The Future Till 2032

[Latest Market Trends]

The global edge bending machine market is anticipated to reach a valuation of US$ 284.1 million in 2022, driven by its increasing adoption in the manufacturing industry. The demand for edge bending machines is expected to experience steady growth, with a projected Compound Annual Growth Rate (CAGR) of 3.1% between 2022 and 2032, ultimately reaching an approximate value of US$ 385.6 million by 2032.

Looking ahead, the trajectory of the wood processing and furniture industry is expected to be influenced by transformative trends such as automation and digitalization. These trends notably impact control system technology and computer technology, which play pivotal roles in determining overall production expansion and specific processing methods. Leveraging these advancements, the edge bending machine market is well-positioned for progressive growth in the coming years.

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Substrate bending is a fundamental and integral process within the manufacturing industry. Much like other phases of product development, bending alters the configuration of the workpiece while maintaining its original material volume. Edge bending procedures, however, diverge in their methodologies for inducing plastic deformation in the substrate. In this context, attributes such as workpiece material, thickness, and dimensions significantly influence the process.

Bending serves multifaceted purposes, including enhancing the strength and rigidity of sheets or plates, as well as eliminating sharp edges. Furthermore, the edge bending process facilitates the concealment of raw substrate edges through the application of a thin PVC or resinous strip. Tailored for both contoured and straight panel edge bending, edge bending machines contribute to refining the aesthetic aspect of solid or valuable materials. In contrast to conventional methods, which involved manual processes and basic tools, modern edge bending machines bring efficiency and precision to this operation.

Market Drivers and Constraints in the Edge Bending Machine Industry

The expansion of industrial operations, surging demand for premium furniture, continuous advancements in manufacturing technology, and the rising necessity for automated industrial machinery to curtail waste and enhance productivity stand as primary catalysts propelling the global edge bending machine market's growth.

Furthermore, the market is buoyed by cutting-edge attributes, including heightened versatility, user-friendly interfaces, precision equipment functionality, and the potential to integrate scraping and brushing components. These features contribute significantly to the foreseeable upswing in the edge bending machine market. However, potential substitutes like molding and face frames could impose constraints on the market's expansion trajectory throughout the forecast period.

Leading Players in the Edge Bending Machine Market

The edge bending machine market boasts a roster of notable participants, including SCM Group, SIMCO Industrial Machinery Trd Co Ltd., NTF Korfhage Maschinenbau GmbH, Edge Finisher Co., Yadav Tools Company, Gelber-Bieger GmbH, Adamik Company, Intimate Machine Tools Company, Felder Woodworking Machines Private Limited, Shree Umiya F-Tech Machines Ltd, Shandong Hicas Machinery (Group) Co., Ltd., Kreutz & Mock GmbH, among others.

Key Developments in the Competitive Landscape:

Delta, a prominent player in the market, introduced a high-speed edge banding machine solution in March 2021, aimed at enhancing the quality and appearance of bendings.

In October 2021, SCM Group unveiled the Stefani x Single-sided automatic edge banders. This innovative solution is designed to deliver top-tier processing quality for a wide range of panels and materials, aligning with the demands of a digitally connected and integrated factory.

Mayr-Melnhof Holz, based in Leoben, Austria, executed an agreement in December 2021 to acquire the Swedish sawmill group Bergkvist Siljan from ESSVP IV, with advisory support from Orlando Nordics AB. This strategic move aligns with the consistent expansion and growth strategy of the Austrian wood processing group.

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Key Segments:

Material Type:

Polyvinyl Chloride (PVC)
Acrylonitrile-Butadiene-Styrene (ABS)
Melamine
Wood Veneer
Acrylic
Others
By Product Type:

Portable
Non-Portable
By Flanges Type:

Straight Flange
Stretch Flange
Shrink Flange
By End Use:

Furniture
Healthcare
Automotive
Electronics and Electrical
Packaging
Other End Uses
By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa