North Africa’s leading platform for wood and woodworking machinery, the Cairo WoodShow will be showcasing more than 90 exhibitors from 38 countries and 8,000+ specialised visitors, and will be held at the Cairo International Exhibition and Convention Centre from December 9 to 12, bringing together wood and working experts, both regionally and internationally.
In contrast to its previous editions, the Cairo WoodShow’s next edition will showcase a host of events and, apart from a world-class exhibition, will also include conferences, B2B meetings, seminars, and networking events.
A new market study released by Global Industry Analysts predicts significant growth in several wood industry segments worldwide, particularly in woodworking machinery and furniture.
Noting how the demand for wood products has risen during the Covid-19 crisis, the report projects the global market for woodworking machinery, which was estimated at $4.2 billion in 2020, will reach a revised size of $4.7 billion by 2026, growing at a compound annual growth rate of 1.7 percent.
Furniture, another segment analysed in the report, is projected to record a two per cent growth rate and may reach $2.7 billion by the end of the analysis period.
Dawood Al Shezawi, President of the Organizing Committee of Cairo WoodShow, said: “The sixth edition of Cairo WoodShow aims to achieve the maximum possible benefit and support the Egyptian wood and woodworking industry.”
The total exports of furniture sector in Egypt is estimated at E£30 billion, and employs 400,000 workers.