Dubai WoodShow (DWS), the leading platform for wood and woodworking machinery industry in the Mena region, is set to unveil a completely new event format in its 19th edition when it opens at the Dubai World Trade Centre this month (March 7 to 9).
The show is gearing up to make a strong comeback as the industry is on a positive growth curve following the rise in the construction industry in the region and, more specifically, in the UAE.
According to the UAE Construction Market (2022-2027) report, the sector is expected to reach a value of $133.53 billion by 2027, growing at a compound annual growth rate (CAGR) of 4.69 per cent. The ongoing construction projects in the region are giving a boost to the wood and woodworking machinery industry, said Strategic Holding, the event organiser.
Given the pipeline of upcoming projects, it is evident that design-and-build opportunities are in plenty for the next few years, further contributing to the progress of the wood industry, it added.
Citing the Wood Products Global Market Report 2022 released recently, the organiser said the wood market is expected to grow to $903.33 billion in 2026 at a CAGR of 7.2 per cent.
On the upcoming event, Strategic Holding President Dawood Al Shezawi said: “The 19th edition of Dubai WoodShow will definitely become an unconventional show because we will launch more dynamic features providing more opportunities for generating leads, increasing sales, and building relevant connections within the industry.”
Al Shezawi said in addition to major giga-projects and several new and innovative projects ranging from resort-style communities to luxury developments, the rise in the number of construction projects in the region is beefing up demand for wood products.
“This gives us an opportunity to bring an entirely different Dubai WoodShow this year by providing more rewarding activities and a highly enriching experience to all our attendees,” he added.