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Asia Pacific Log Splitters Market Size, Share & Trends Analysis Report By Application (Commercial, and Domestic), By Type (Electric, Gas Powered, and Manual), By Tonnage (Less than 15 tons, 15 to 30 tons, and Above 30 tons), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 107 Pages
  • April 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953770
The Asia Pacific Log Splitters Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 1,401.1 thousand units, showcasing a growth of 15.0% (2020-2023).

In the Log Splitters Market, the segment focusing on domestic applications holds significant importance, catering primarily to homeowners, hobbyists, and small-scale users with occasional wood-splitting needs. Domestic log splitters are designed to provide practical, user-friendly solutions for processing firewood, managing backyard projects, and maintaining residential properties. Thus, the China market utilized 161.6 thousand units of Log Splitters in 2023.



The China market dominated the Asia Pacific Log Splitters Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $302.4 Million by 2031. The Japan market is exhibiting a CAGR of 4.7% during (2024 - 2031). Additionally, The India market would experience a CAGR of 6.1% during (2024 - 2031).

It plays a role in outdoor recreational activities such as camping, hiking, and backyard gatherings, where firewood is used for campfires, cooking, and warmth. Whether for personal use or commercial camping facilities, it ensures a steady supply of firewood to meet the needs of outdoor enthusiasts and campers. Furthermore, log splitters, beyond residential and recreational use, find applications in commercial and industrial sectors such as wood processing facilities, sawmills, and biomass energy production. It is used to prepare raw logs for further processing into finished wood products or biomass fuel, contributing to the efficiency and productivity of these operations.

The adoption of log splitters has steadily increased across different sectors and user groups, driven by several factors highlighting their utility, convenience, and versatility. For instance, it offers a more efficient and convenient alternative to traditional manual wood splitting methods, such as axes or mauls. With advancements in technology and design, modern log splitters can quickly process large quantities of wood with minimal physical exertion, making them attractive to users seeking convenience and productivity.

China’s furniture sector registered steady growth in the first eight months of 2022. The industry’s operating revenue increased 21.3 percent year-on-year to 494.04 billion yuan (about $76.7 billion). The combined profits reached 25.83 billion yuan, up 27 percent from a year earlier. In the first eight months, 706.64 million furniture items were produced, up 22.2 percent year-on-year. Log splitter manufacturers may need to scale up production to meet the high demand generated by the furniture industry in the region, potentially leading to innovations in manufacturing processes and logistics. Thus, the expansion of the furniture industry in the region is driving the market’s growth.

Based on Application, the market is segmented into Commercial, and Domestic. Based on Type, the market is segmented into Electric, Gas Powered, and Manual. Based on Tonnage, the market is segmented into Less than 15 tons, 15 to 30 tons, and Above 30 tons. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • AriensCo
  • Great Northern Equipment Distributing, Inc. (Iron & Oak)
  • Troy-Bilt LLC (Stanley Black & Decker, Inc.)
  • Champion Power Equipment, Inc.
  • Swisher Acquisition Inc
  • Boss Industrial Inc.
  • Powerking Corporation
  • WEN Products
  • Husqvarna Group
  • Ardisam, Inc. (Earthquake Outdoor Power Equipment)

Market Report Segmentation

By Application (Volume, Thousand Units, USD Billion, 2020-2031)
  • Commercial
  • Domestic
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Electric
  • Gas Powered
  • Manual
By Tonnage (Volume, Thousand Units, USD Billion, 2020-2031)
  • Less than 15 tons
  • 15 to 30 tons
  • Above 30 tons
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Log Splitters Market, by Application
1.4.2 Asia Pacific Log Splitters Market, by Type
1.4.3 Asia Pacific Log Splitters Market, by Tonnage
1.4.4 Asia Pacific Log Splitters Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Log Splitters Market by Application
4.1 Asia Pacific Commercial Market by Country
4.2 Asia Pacific Domestic Market by Country
Chapter 5. Asia Pacific Log Splitters Market by Type
5.1 Asia Pacific Electric Market by Country
5.2 Asia Pacific Gas Powered Market by Country
5.3 Asia Pacific Manual Market by Country
Chapter 6. Asia Pacific Log Splitters Market by Tonnage
6.1 Asia Pacific Less than 15 tons Market by Country
6.2 Asia Pacific 15 to 30 tons Market by Country
6.3 Asia Pacific Above 30 tons Market by Country
Chapter 7. Asia Pacific Log Splitters Market by Country
7.1 China Log Splitters Market
7.1.1 China Log Splitters Market by Application
7.1.2 China Log Splitters Market by Type
7.1.3 China Log Splitters Market by Tonnage
7.2 Japan Log Splitters Market
7.2.1 Japan Log Splitters Market by Application
7.2.2 Japan Log Splitters Market by Type
7.2.3 Japan Log Splitters Market by Tonnage
7.3 India Log Splitters Market
7.3.1 India Log Splitters Market by Application
7.3.2 India Log Splitters Market by Type
7.3.3 India Log Splitters Market by Tonnage
7.4 South Korea Log Splitters Market
7.4.1 South Korea Log Splitters Market by Application
7.4.2 South Korea Log Splitters Market by Type
7.4.3 South Korea Log Splitters Market by Tonnage
7.5 Australia Log Splitters Market
7.5.1 Australia Log Splitters Market by Application
7.5.2 Australia Log Splitters Market by Type
7.5.3 Australia Log Splitters Market by Tonnage
7.6 Malaysia Log Splitters Market
7.6.1 Malaysia Log Splitters Market by Application
7.6.2 Malaysia Log Splitters Market by Type
7.6.3 Malaysia Log Splitters Market by Tonnage
7.7 Rest of Asia Pacific Log Splitters Market
7.7.1 Rest of Asia Pacific Log Splitters Market by Application
7.7.2 Rest of Asia Pacific Log Splitters Market by Type
7.7.3 Rest of Asia Pacific Log Splitters Market by Tonnage
Chapter 8. Company Profiles
8.1 AriensCo
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 Great Northern Equipment Distributing, Inc. (Iron & Oak)
8.2.1 Company Overview
8.3 Troy-Bilt LLC (Stanley Black & Decker, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Champion Power Equipment, Inc.
8.4.1 Company Overview
8.5 Swisher Acquisition Inc
8.5.1 Company Overview
8.6 Boss Industrial Inc.
8.6.1 Company Overview
8.7 Powerking Corporation
8.7.1 Company Overview
8.8 WEN Products
8.8.1 Company Overview
8.9 Husqvarna Group
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. Ardisam, Inc. (Earthquake Outdoor Power Equipment)
8.10.1 Company Overview

Companies Mentioned

  • AriensCo
  • Great Northern Equipment Distributing, Inc. (Iron & Oak)
  • Troy-Bilt LLC (Stanley Black & Decker, Inc.)
  • Champion Power Equipment, Inc.
  • Swisher Acquisition Inc
  • Boss Industrial Inc.
  • Powerking Corporation
  • WEN Products
  • Husqvarna Group
  • Ardisam, Inc. (Earthquake Outdoor Power Equipment)

Methodology

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