Remarkable Deals Worth US$ 500 Million For Dubai WoodShow As Organisers Promise Record-Breaking Event
Dubai WoodShow, the leading platform for wood & woodworking machinery industry in the Middle East & North Africa (MENA) region, is gearing up to unveil an unparalleled futuristic event that is set to see companies closing deals worthy over USD 500 Million following a massive influx of visitor registrations in the past week.
President of Strategic Marketing and Exhibitions, Mr. Dawood Al Shezawi said this at a meeting as final preparations for the top event gathers momentum.
“We are very elated by the large influx of registrations this past week and as it stands, we expect over US$500 Million deals to be closed judging from registrations and a whole new look of the event. Team members are working tirelessly to make this an entirely different Dubai WoodShow by providing more rewarding activities and a highly enriching experience to all our attendees. More dynamic features will be added which means, increased opportunities for generating leads, increasing sales, and building relevant connections within the industry,” stated Mr. Dawood Al Shezawi,
“As we run along with the Expo 2020 – theme of sustainability and connectivity, woodworking technology will help the UAE achieve its Green Economy Vision, by providing a powerful platform that will connect key players to the right people, learn from industry experts, and expand their customer base,” added Mr. Shezawi.
With countries from all around the world participating at the event, Dubai WoodShow will bring the world’s leading experts including suppliers, architects, engineers, builders, planners and others interested in innovative, fast, affordable, high-quality wood supplies under one roof.
This year’s edition will bring in new activities including a Conference, B2B Meetings/Matchmaking, Industry Awards for exhibitors and latest innovative technology available on the global market.
Dubai WoodShow is the region’s only dedicated business-to-business meeting place for the wood, wood accessories and woodworking machinery industry. It is an opportunity for key stakeholders to build partnerships, establishing a good rapport with prospective business partners, and discuss new opportunities within the industry in a private setting. Below is a highlight of what to expect at the event:
Innovations:
This prestigious event will showcase the best products of top international wood and woodworking machinery companies around the world. According to Technavio, heavy industry research analysts, the top three emerging trends driving the global woodworking machines market are:
· Automation in woodworking machinery.
· Increase in demand for prefabricated wood house.
· Robotic woodworking machines.
The increasing adoption of automated woodworking machines and cutting-edge technologies is expected to drive market growth and is projected to grow from USD 4.62 Billion in 2021 to USD 6.05 Billion in 2028.
It is no doubt visitors will expect to see the Lumber equipment which is dominating the market and projected to grow with a CAGR of 3.72% across the forecast period from 2021 to 2029.
The WoodShow will serve as a great platform for different brands to showcase their latest products and present their distinctive features, specifications and innovations that will attract potential buyers and investors.
Attendees will witness a first of its kind additional features such as interviews with leading investors, CEOs and other renowned personalities who will share their success stories, in-depth insights on the latest trends and expert viewpoints on the industry’s most interesting topics.
The advent of technology continues to outshine the traditional way of conducting work by making it easier and smarter. For instance, the recently developed Wagner Meters WoodH2O mobile app with Equilibrium Moisture Content (EMC) Calculator. The app captures the imagination, which is interesting for its novel idea and professional execution. This new app is free and works on both the iPhone and Android.
Industries:
Due to the increasing demand for wood products, manufacturing machines and accessories, the exhibition plays a very important role in the Middle East, especially in view of the growth of the UAE’s real estate sector that pushes up the demand for household items, furniture and decorative materials and contributes to meet the needs of the market.
According to The Business Research Company’s research report on the wood products market, wood is increasingly being used as a building material due to the numerous advantages of wood buildings over concrete buildings, thus driving the market for wood products.
In this regard, figures continue to show an increase in the Wood pellet market which was valued at US$ 9,630.99 million in 2020 and is projected to reach US$ 23,892.77 million by 2028; it is expected to grow at a CAGR of 12.1% from 2021 to 2028.
Conference and seminars at the Woodshow will bring together industry experts and prominent personalities who will share their brilliant insights about the latest local, regional, and global market trends, as well as challenges and opportunities in the wood and woodworking machinery industry.
Exhibitors:
Dubai Wood Show’s exhibitions will showcase world-class products, services and technologies from leading companies in the industry, giving increased exposure to exhibitors and giving opportunities to close deals with serious buyers from across the world. Visitors will also be able to gain access to the latest trends in the industry and connect with other key players.
According to the report, “Wood Processing Global Market Report 2021: COVID 19 Impact and Recovery to 2030” which was released by Reportlinker.com, the market is anticipated to reach $179.7 billion in 2025 at a CAGR of 6%. It was also revealed that the wood processing market is projected to benefit from the solid economic growth predicted for various developed and developing nations.
Awards:
The Industry Awards for Exhibitors are meant to give recognition to the best and most outstanding individuals and organisations that will participate in the exhibition of Dubai WoodShow 2022. Winners will be chosen in different award categories.
The 2022 edition will see the debut of the Woodshow Innovation & Excellence Awards where achievements in innovation and craftsmanship in both the wood and woodworking machinery sectors will be recognised and celebrated, both at a corporate and individual level. The new prestigious awards ceremony affords attendees the opportunity to reunite and network with industry peers, both old and new, in a relaxed setting.
Some of the categories to look forward to include: Innovative Wood Product Award, Innovative Woodworking Technology Award, The CSR Commitment Award. The Global Business Leader of the Year, and The Global Media Award
Meanwhile, this year’s international event entering into its 17th edition is expected to attract over 10,000 trade visitors – including visitors from the GCC and other markets to source the latest products, services, machineries as well as renew their existing trade relations. More are expected to come from Expo 2020.
