DUBLIN--(BUSINESS WIRE )--The "Forestry Power Tool Accessories Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

This report considers a detailed scenario of the present Forestry Power Tool Accessories Market and its market dynamics for 2022-2027. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

The forestry power tool accessories market is expected to grow at a CAGR of 4.98% during the forecast period

The COVID-19 outbreak has impacted the global forestry power tool accessories market on a large scale. The fall in demand for accessories is due to the closure of most retail spaces and a halt in various commercial and residential constructional activities.

In terms of product type, the saw chains segment is likely to witness the highest growth rate at a CAGR of more than 6%, followed by trimmer lines, growing at a CAGR of 5.61% during the forecast period.

The applications of saw chains are wide. The demand for chainsaws typically increases after storms and cold winters due to cutting tree barks. This has driven the demand for chainsaws in palm oil and soybean production. In addition, cold countries like Russia, Canada, and the US see a massive demand for firewood in chilly winters due to the increase in fuel prices across the globe.

The key leading vendors in the global forestry accessories market are Husqvarna, STIHL, STIGA, Oregon, and MTD Products, to mention a few. The competition among these key players is intense globally. The competition between vendors is based on product offerings and pricing. Various vendors use new business models and focus on developing their product portfolios to drive growth.

For more information about this report visit https://www.researchandmarkets.com/r/w5nkd

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900