Woodworking Industry News

U.S. home furniture market projected to grow by $8.22 billion by 2025

NEW YORK -- The home furniture market size in the U.S. is estimated to increase by $8.22 billion from 2020 to 2025. However, the market's growth momentum will decelerate at a CAGR of 2.53%.  A report from Technavio provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

Woodworking Industry News

Altendorf Group receives World Technology Leader Award

The Altendorf Group from Minden, Germany, a world market leader in the manufacture of sliding table saws and edgebanding machines, has been awarded the internationally known World Technology Leader Award earning third place in the public online voting competition. The company garnered more votes than such international companies as Apple, Samsonite, and Jabra.