Technology

The Middle East regions 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 Easts 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 20212026.

With these growth outlooks in mind, the regions 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 regions 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.

• Tags
• #Business
• #Magazine
• #Lifestyle