Forestry & Wood Market by Wood Type (Hardwood, Softwood), Products (Recoverable Wood Products, Sawnwood, Secondary Wood Products), Application - Global Forecast 2024-2030

Forestry & Wood Market by Wood Type (Hardwood, Softwood), Products (Recoverable Wood Products, Sawnwood, Secondary Wood Products), Application - Global Forecast 2024-2030


The Forestry & Wood Market size was estimated at USD 692.79 billion in 2023 and expected to reach USD 731.44 billion in 2024, at a CAGR 5.89% to reach USD 1,034.44 billion by 2030.The forestry and wood is concerned with forestry, timber trade, logging, and the production of primary forest products, including furniture and secondary products like wood pulp for the paper industry. Trade in forest products has increased, especially in processed wood products such as sawn timber, board, pulpwood, and wood-based panels. Increasing trades and exports of forest and wood products worldwide and rising utilization of forestry and wood products in construction, paper, and artworks are surging the market growth. However, the availability of low-cost substitutes for forest and wood products and concerns associated with environmental safety coupled with strict government norms for deforestation are restraining market growth. On the other hand, the development of advanced technologies to trace and track the transportation of wood products increases transparency in the supply chain and combat illegal logging using technology such as GPS tracking, blockchain, and digital databases. Emerging technologies such as thermal modification, acetylation, and lignin modification for wood modification and functionalization to extend carbon storage and capture CO2 aid in making wood products more durable and long-lasting.Regional InsightsForestry and the wood are evolving in the Americas, EMEA, and APAC countries owing to the significant growth in furniture, construction, shipbuilding, paper & pulp industries. According to the American Forest & Paper Association (AF&PA), the United States forest products industry manufactures almost USD 300 billion products annually and employs about 1 million workers. The continuous improvements in harvest action areas have positively impacted the EMEA region's forestry and wood production. The increasing demand for supply chain transparency and stringent government regulations on the wood industry has led to market players implementing tracking and tracing technologies. The market players in the region are expanding their production capabilities of primary and secondary wood production as African countries harbor valuable forest resources. The Asian economies are massive exporters of wood-based products, which have strengthened the regions’ demand for forestry and wood products in past years. Asia-Pacific region is showing high growth owing to the increasing use of wood and forestry products in the construction sector to fulfill customer demand needs with the rising population. Moreover, the increasing investments in wood industries and expanding wood products manufacturing sector are expected to bolster the demand for forestry and wood in forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Forestry & Wood Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Forestry & Wood Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Forestry & Wood Market, highlighting leading vendors and their innovative profiles. These include Binderholz GmbH, Canfor Corporation, Celulosa Arauco y Constitución S.A., FRITZ EGGER GmbH & Co. OG, Georgia-Pacific LLC by Koch Industries, Inc., Hampton Lumber, Holmen AB, Hood Industries, Inc., Interfor Corporation, Klabin S.A., Louisiana-Pacific Corporation, Metrie Inc., Moelven Industrier ASA, NewTechWood America, Inc., Oji Holdings Corporation, Pfeifer Holding GmbH, Resolute Forest Products by Paper Excellence, Roseburg Forest Products Co., Sappi Limited, Sierra Pacific Industries, Stella-Jones, Stora Enso Oyj, Sumitomo Forestry Co., Ltd., Svenska Cellulosa Aktiebolaget SCA, Tolko Industries Ltd., UFP Industries, Inc., UPM-Kymmene Corporation, West Fraser Timber Co. Ltd., Western Forest Products, Weyerhaeuser Company, and Woodgrain.

Market Segmentation & Coverage



This research report categorizes the Forestry & Wood Market to forecast the revenues and analyze trends in each of the following sub-markets:

Wood Type
Hardwood
Ash Walnut

Brich

Cherry

Mahogany

Maple

Oak

Poplar

Teak
Softwood
Cedar

Fir

Pine

Redwood

Spruce
Products
Recoverable Wood Products
Sawnwood
Secondary Wood Products
Veneer Sheets
Wood Charcoal
Wood Chips & Particles
Wood Fuel
Wood Pellets & Agglomerates
Wood Pulp & Cork
Wood Residues
Wood Wool & Flour
Wood-Based Panels
Application
Commercial
Industrial
Residential
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Forestry & Wood Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Forestry & Wood Market?
3. What are the technology trends and regulatory frameworks in the Forestry & Wood Market?
4. What is the market share of the leading vendors in the Forestry & Wood Market?
5. Which modes and strategic moves are suitable for entering the Forestry & Wood Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Forestry & Wood Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing consumer preference for wood-based furniture
5.1.1.2. Increasing trades and exports of forest and wood products worldwide
5.1.1.3. Rapid adoption of various wood products as a industrial fuel
5.1.2. Restraints
5.1.2.1. Availability of low-cost substitutes for forest and wood products
5.1.3. Opportunities
5.1.3.1. Development of advanced technologies for tracing and tracking transportation of wood products
5.1.3.2. Emerging technologies of wood modification and functionalization for extended carbon storage and CO2 capture
5.1.4. Challenges
5.1.4.1. Concerns associated with environmental safety coupled with strict government norms for deforestation
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Forestry & Wood Market, by Wood Type
6.1. Introduction
6.2. Hardwood
6.3.1. Ash Walnut
6.3.2. Brich
6.3.3. Cherry
6.3.4. Mahogany
6.3.5. Maple
6.3.6. Oak
6.3.7. Poplar
6.3.8. Teak
6.3. Softwood
6.4.1. Cedar
6.4.2. Fir
6.4.3. Pine
6.4.4. Redwood
6.4.5. Spruce
7. Forestry & Wood Market, by Products
7.1. Introduction
7.2. Recoverable Wood Products
7.3. Sawnwood
7.4. Secondary Wood Products
7.5. Veneer Sheets
7.6. Wood Charcoal
7.7. Wood Chips & Particles
7.8. Wood Fuel
7.9. Wood Pellets & Agglomerates
7.10. Wood Pulp & Cork
7.11. Wood Residues
7.12. Wood Wool & Flour
7.13. Wood-Based Panels
8. Forestry & Wood Market, by Application
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential
9. Americas Forestry & Wood Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Forestry & Wood Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Forestry & Wood Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Paper Excellence Welcomes Resolute Into Its Family of Companies
12.3.1.2. J.P. Morgan's Campbell Global Acquires Over 250,000 Acres of Commercial Timberland Valued at More Than USD 500 Million
12.3.1.3. Interfor to Acquire Chaleur Forest Products in New Brunswick, Canada
12.3.1.4. Western Forest Products Inc. Announces Acquisition of Calvert Company To Support Mass Timber Growth Initiatives in North America
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. Honduran forest governance agreement brings cautious hope
12.3.3. New Product Launch & Enhancement
12.3.3.1. Uttar Pradesh plans to invest Rs 1,000 crore to improve forest economy
12.3.4. Investment & Funding
12.3.4.1. Biden-Harris Administration invests nearly USD 34M to strengthen wood products economy, forest sector jobs, sustainable forest management
12.3.4.2. B.C. government's USD 90 million investment to support forestry sector
12.3.5. Award, Recognition, & Expansion
12.3.5.1. Canfor Corporation sets USD 130 million expansion of Urbana sawmill
12.3.5.2. Weyerhaeuser announces expansion plan
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Binderholz GmbH
13.1.2. Canfor Corporation
13.1.3. Celulosa Arauco y Constitución S.A.
13.1.4. FRITZ EGGER GmbH & Co. OG
13.1.5. Georgia-Pacific LLC by Koch Industries, Inc.
13.1.6. Hampton Lumber
13.1.7. Holmen AB
13.1.8. Hood Industries, Inc.
13.1.9. Interfor Corporation
13.1.10. Klabin S.A.
13.1.11. Louisiana-Pacific Corporation
13.1.12. Metrie Inc.
13.1.13. Moelven Industrier ASA
13.1.14. NewTechWood America, Inc.
13.1.15. Oji Holdings Corporation
13.1.16. Pfeifer Holding GmbH
13.1.17. Resolute Forest Products by Paper Excellence
13.1.18. Roseburg Forest Products Co.
13.1.19. Sappi Limited
13.1.20. Sierra Pacific Industries
13.1.21. Stella-Jones
13.1.22. Stora Enso Oyj
13.1.23. Sumitomo Forestry Co., Ltd.
13.1.24. Svenska Cellulosa Aktiebolaget SCA
13.1.25. Tolko Industries Ltd.
13.1.26. UFP Industries, Inc.
13.1.27. UPM-Kymmene Corporation
13.1.28. West Fraser Timber Co. Ltd.
13.1.29. Western Forest Products
13.1.30. Weyerhaeuser Company
13.1.31. Woodgrain
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. FORESTRY & WOOD MARKET RESEARCH PROCESS
FIGURE 2. FORESTRY & WOOD MARKET SIZE, 2023 VS 2030
FIGURE 3. FORESTRY & WOOD MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. FORESTRY & WOOD MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. FORESTRY & WOOD MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. FORESTRY & WOOD MARKET DYNAMICS
FIGURE 7. FORESTRY & WOOD MARKET SIZE, BY WOOD TYPE, 2023 VS 2030 (%)
FIGURE 8. FORESTRY & WOOD MARKET SIZE, BY WOOD TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. FORESTRY & WOOD MARKET SIZE, BY PRODUCTS, 2023 VS 2030 (%)
FIGURE 10. FORESTRY & WOOD MARKET SIZE, BY PRODUCTS, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. FORESTRY & WOOD MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. FORESTRY & WOOD MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES FORESTRY & WOOD MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES FORESTRY & WOOD MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FORESTRY & WOOD MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. FORESTRY & WOOD MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. FORESTRY & WOOD MARKET SHARE, BY KEY PLAYER, 2023

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