December 25, 2024

Latest state-of-the-art technologies in woodworking machinery worth over USD 80million takes center stage at Dubai Woodshow 2022

 Latest state-of-the-art technologies in woodworking machinery worth over USD 80million takes center stage at Dubai Woodshow 2022

Middle East’s construction sector booming in 2022, with new contractor awards estimated to be valued at USD 45.1billion says new study.

High number of construction and development projects in the ME region results in growing demand for effective and reliable woodworking machinery

Dubai, UAE, 1 March 2022–The Middle East region’s continuously growing demand for effective and highly reliable woodworking machinery is one of the key focal points for the 2022 edition of Dubai Woodshow, the leading global woodshow and machinery trade show, which is set to take place from March 15 to March 17, 2022, at the Dubai World Trade Center (DWTC).

Positioned to be the premier destination for wood specialists, this year’s show will be featuring the products and services of more than 300 companies from the entire wood and forestry spectrum across three halls of the DWTC. Dubai Woodshow will also be throwing the spotlight on more than USD 80million worth of new woodworking machinery and their utilized technologies.

A September 2021 whitepaper published by intelligence platform Ventures ONSITE has pointed out that buildings, comprising residential, commercial, mixed-use, airports, sports facilities, hotels, healthcare, and education facilities, are seen to be the largest contributor to the Middle East’s construction sector in 2022, with new contractor awards estimated to be valued at USD 45.1billion.

Countries within the region are demonstrating this vibrant outlook, forecasting key growth in the next 12 months. In the UAE, the construction industry is expected to expand by 4.4 per cent in real terms this year, before registering an annual average growth of 3.9 percent from 2022 to 2025. Meanwhile, the construction market of the Kingdom of Saudi Arabia (KSA) has been valued at USD 37 billion in 2020 and is expected to register a CAGR of 5.2 per cent over the forecast period of 2021–2026.

Another country showing strong growth prospects is Oman, which is being expected to be active in the coming years and currently has USD 327.63 billion worth of projects. Oman has a total of 2,410 active construction projects with a combined value in excess of USD 190 billion. Across the African region, Egypt’s construction industry is expected to grow over the forecast period of 2020-2025, fueled by the government’s focus on improving energy and transport infrastructure in the country.

With these growth outlooks in mind, the region’s wood and forest spectrum, particularly its woodworking machinery segment have stirred in an equally increasing demand for woodworking machinery that can address the rigorous requirements of these projects. 

 

Walid Farghal, Managing Director, Strategic Conference and Exhibition, Organizer of the show said, “The Middle East region’s construction industry today remains to be vibrant and thriving–which is reflected by the many projects taking place today. This has also created a strong demand for products and services in the wood and forestry segment, particularly the woodworking machinery sector. In line with this, the 2022 edition of the Dubai Woodshow will throw the spotlight on the latest state-of-the-art machinery and the new technologies that it uses. We will also be featuring the industry’s top names and brands giving participants and visitors the opportunity to network and explore potential partnership agreements.”

This year’s edition will feature more than 300 exhibitors–including the participation of wood machinery companies like CEFLA, GermanTech, Simplex, IMAC to name a few.  These companies are expected to showcase the latest in woodworking technologies, which includes Computer Numerical Control (CNC) and edge-banding machines–new technologies that play an essential role in the move to position the country as a premier hub for the wood and forestry industry.

“Dubai Woodshow continues to serve as a strategic platform for buyers and sellers to connect and forge key partnerships that eventually will lead to long and strong business relationships. We are also expecting around 8,000 visitors during the show’s exciting three-day run,” concluded Farghal. Dubai Woodshow 2022 has added new additions to the event, including the 1st Innovations and Excellence Awards for the Wood and Woodworking Industry, a B2B Matchmaking Programme, and a Hosted Buyer Programme. These new initiatives have been designed to provide a new experience for both exhibitors and attendees, paving the way for a more accessible and efficient way to network and share industry knowledge.