Lumber
US demand for lumber is projected to rise 0.7% annually to 68.8 billion board feet in 2025, valued at $51.0 billion. Gains will be supported by continuing gains in new housing activity and strong consumer interest in home improvement projects, boosting demand for lumber as new homes are built and homeowners renovate and expand their existing residences.
This report covers lumber demand by Product, Market, Application, and Region. Data are given in both dollar value and board feet terms.
Lumber products covered in the study include:
Untreated softwood lumber
Pressure-treated softwood lumber
Hardwood lumber
Engineered lumber products (including laminated veneer lumber, glulam, I-joists, cross-laminated timber, rim board, and structural composite lumber)
Markets include:
New residential
Residential repair and remodeling
Nonresidential
Outdoor and nonbuilding
Industrial and commercial
Applications for lumber include:
Structural and framing (wall framing, roof framing, and structural floors and foundations)
Exterior finish (roofing, exterior siding, exterior trim, soffits and fascia, and shutters)
Interior finish (finish flooring, doors and windows, cabinets, interior molding, interior stairwork, walls and ceilings, countertops, and closets and shelving)
Landscaping and outdoor (decking, fencing, porches and patios, outdoor structures, and playground equipment, piers, and boardwalks
Industrial and commercial (furniture, transportation equipment, pallets and crates, packaging, musical instruments, and other consumer and industrial products)
Demand is broken out for US Census regions and subregions.
Northeast (New England, Middle Atlantic)
Midwest (East North Central, West North Central)
South (South Atlantic, East South Central, and West South Central)
West (Mountain, Pacific)
Scope of the Report
This report covers the scope, size, and growth of the US lumber market including key trends in product segmentation. Historical data are provided for 2010, 2015, and 2020 with forecasts for 2025 and 2030, with year by year historical market volatility also addressed. Data are provided in both dollar value and board feet terms. Also included is a discussion of the COVID-19 pandemic on the market and an analysis of the industry key players and their market shares.
- Executive Summary
- Table Figure 1-1 | US Lumber Market
- COVID-19 Pandemic
- Overview
- Impact on the Economy
- Table Macroeconomic Indicators, 2019 - 2022
- Impact on the Construction Industry
- Table Construction Expenditures, 2019 - 2022
- Impact on the Lumber Industry
- Table Annual Lumber Demand by Product, 2019 - 2021
- Table Annual Lumber Demand by Market, 2019 - 2021
- Table Figure 2-1 | Annual Lumber Demand & Pricing, 2015 - 2025
- Overview
- Study Scope
- Historical Trends
- Table Lumber Demand, 2010 - 2020
- Table Figure 3-1 | Lumber Demand, 2000 - 2020
- Production & Trade
- Shipments & Net Exports
- Table Lumber Supply & Demand, 2010 - 2030
- Imports
- Table Lumber Imports by Country, 2010 - 2020
- Table Figure 3-2 | Lumber Imports: Leading Sources, 2010 - 2020
- Exports
- Table Lumber Exports by Country, 2010 - 2020
- Table Figure 3-3 | Lumber Exports: Leading Destinations, 2010 - 2020
- Impact of Tariffs
- Shipments & Net Exports
- Demand by Type & Market
- Table Lumber Demand by Type & Market, 2010 - 2030
- Pricing Trends
- Table Lumber Average Prices by Type, 2010 - 2030
- Table Figure 3-4 | Lumber Pricing, 2010 - 2025
- Sustainability Issues
- Green Building Practices
- Forest Management
- Recycling & Recycled Content
- Treatment Chemicals
- Construction Market
- Market Scope
- Table Figure 4-1 | Key Lumber Uses in the Construction Market
- Market Overview
- Demand by Market Sector
- Table Construction Lumber Demand by Market Sector, 2010 - 2030
- New Residential Buildings
- Table New Residential Lumber Demand by Application, 2010 - 2030
- Residential Repair & Remodeling
- Table Residential Repair & Remodeling Lumber Demand by Application, 2010 - 2030
- Nonresidential Buildings
- Table Nonresidential Lumber Demand by Application, 2010 - 2030
- Nonbuilding
- Table Nonbuilding Lumber Demand by Application, 2010 - 2030
- Demand by Market Sector
- Products
- Table Construction Lumber Demand by Product, 2010 - 2030
- Applications
- Table Construction Lumber Demand by Application, 2010 - 2030
- Regional Trends
- Table Construction Lumber Demand by Region, 2010 - 2030
- Market Scope
- Industrial & Commercial Markets
- Market Scope
- Table Figure 5-1 | Key Lumber Uses in Industrial & Commercial Markets
- Products
- Table Industrial & Commercial Lumber Demand by Product, 2010 - 2030
- Applications
- Demand by Application
- Table Industrial & Commercial Lumber Demand by Application, 2010 - 2030
- Pallets & Crates (Packaging & Shipping)
- Table Pallet & Crate Lumber Demand by Product, 2010 - 2030
- Furniture
- Table Furniture Lumber Demand by Product, 2010 - 2030
- Other Industrial & Commercial (Vehicles, Signage)
- Table Other Industrial & Commercial Lumber Demand by Product, 2010 - 2030
- Demand by Application
- Regional Trends
- Table Industrial & Commercial Lumber Demand by Region, 2010 - 2030
- Market Scope
- Solid Wood Lumber
- Scope & Product Description
- Shipments & Foreign Trade
- Table Solid Wood Lumber Shipments & Foreign Trade, 2010 - 2030
- Types of Solid Wood Lumber
- Demand by Type
- Table Solid Wood Lumber Demand by Type, 2010 - 2030
- Untreated Softwood Lumber
- Table Untreated Softwood Lumber Demand by Application, 2010 - 2030
- Pressure-Treated Lumber
- Table Pressure Treated Lumber Demand by Application, 2010 - 2030
- Hardwood Lumber
- Table Hardwood Lumber Demand by Application, 2010 - 2030
- Demand by Type
- Markets & Applications
- Table Solid Wood Lumber Demand by Application & Market, 2010 - 2030
- Market Share & Key Suppliers
- Table Figure 6-1 | Solid Wood Lumber Market Share by Company, 2020
- Engineered Lumber
- Scope & Product Description
- Shipments & Foreign Trade
- Table Engineered Lumber Shipments & Foreign Trade, 2010 - 2030
- Demand by Type (I-Joists, Glulam, LVL, & Other)
- Table Engineered Lumber Demand by Type, 2010 - 2030
- Markets & Applications
- Table Engineered Lumber Demand by Market & Application, 2010 - 2030
- Key Suppliers
- Structural & Framing Lumber
- Scope
- Table Figure 8-1 | Key Lumber Uses in the Structural & Framing Lumber Market
- Applications
- Demand by Application
- Table Structural & Framing Lumber Demand by Application, 2010 - 2030
- Wall Framing
- Table Wall Framing Lumber Demand by Market & Product, 2010 - 2030
- Roof Framing
- Table Roof Framing Lumber Demand by Market & Product, 2010 - 2030
- Structural Floors & Foundations
- Table Structural Floor & Foundation Lumber Demand by Market & Product, 2010 - 2030
- Demand by Application
- Products
- Table Structural & Framing Lumber Demand by Product, 2010 - 2030
- Regional Trends
- Table Structural & Framing Lumber Demand by Region, 2010 - 2030
- Competitive Products
- Table Figure 8-2 |Structural & Framing Lumber vs. Competitive Products: Comparative Growth, 2020 - 2025
- Scope
- Exterior Finish Lumber
- Scope
- Table Figure 9-1 | Key Lumber Uses in the Exterior Finish Lumber Products Market
- Applications
- Demand by Application
- Table Exterior Finish Lumber Demand by Application, 2010 - 2030
- Roofing
- Table Roofing Lumber Demand by Market, 2010 - 2030
- Siding
- Table Siding Lumber Demand by Market, 2010 - 2030
- Other Exterior Finish (Soffits & Fascia, Shutters, Exterior Trim)
- Table Other Exterior Finish Lumber Demand by Market, 2010 - 2030
- Demand by Application
- Products
- Table Figure 9-2 | Exterior Finish Lumber Demand, 2000 - 2025
- Regional Trends
- Table Exterior Finish Lumber Demand by Region, 2010 - 2030
- Competitive Products
- Table Figure 9-3 | Exterior Finish Lumber & Competitive Products: Comparative Growth, 2020 - 2025
- Scope
- Interior Finish Lumber
- Scope
- Table Figure 10-1 | Key Lumber Uses in the Interior Finish Lumber Products Market
- Applications
- Demand by Application
- Table Interior Finish Lumber Demand by Application, 2010 - 2030
- Finish Flooring
- Table Flooring Lumber Demand by Market & Product, 2010 - 2030
- Doors & Windows
- Table Door & Window Lumber Demand by Market & Product, 2010 - 2030
- Cabinets
- Table Cabinet Lumber Demand by Market & Product, 2010 - 2030
- Interior Moulding & Trim
- Table Interior Moulding & Trim Lumber Demand by Market and Product, 2010 - 2030
- Other (Ceilings, Countertops, Paneling, Stairs & Railings, Mantels)
- Table Other Interior Finish Applications Lumber Demand by Market & Product, 2010 - 2030
- Demand by Application
- Products
- Table Interior Finish Lumber Demand by Product, 2010 - 2030
- Regional Trends
- Table Interior Finish Lumber Demand by Region, 2010 - 2030
- Competitive Products
- Table Figure 10-2 | Interior Finish Lumber & Competitive Products: Comparative Growth, 2020 - 2025
- Scope
- Landscaping & Outdoor Lumber
- Scope
- Table Figure 11-1 | Key Lumber Uses in the Landscaping & Outdoor Market
- Applications
- Demand by Application
- Table Landscaping & Outdoor Lumber Demand by Application, 2010 - 2030
- Decking
- Table Decking Lumber Demand by Market & Product, 2010 - 2030
- Fencing
- Table Fencing Lumber Demand by Market & Product, 2010 - 2030
- Porches & Patios
- Table Porch & Patio Lumber Demand by Market & Product, 2010 - 2030
- Outdoor Structures (Gazebos, Arbors, Walls, Pergolas)
- Table Outdoor Structures Applications for Lumber by Market & Product, 2010 - 2030
- Other Landscaping & Outdoor Applications (Playgrounds, Roads & Bridges, Piers, Boardwalks)
- Table Other Outdoor & Nonbuilding Lumber Demand by Product, 2010 - 2030
- Demand by Application
- Products
- Table Landscaping & Outdoor Lumber Demand by Product, 2010 - 2030
- Regional Trends
- Table Landscaping & Outdoor Lumber Demand by Region, 2010 - 2030
- Competitive Products
- Table Figure 11-2 | Landscaping & Outdoor Lumber & Competitive Products: Comparative Growth, 2020 – 2025
- Scope
- Regional Trends
- Demand by Region
- Table Lumber Demand by Region, 2010 - 2030
- Northeast
- Table Northeast: Lumber Demand by Application, 2010 - 2030
- Midwest
- Table Midwest: Lumber Demand by Application, 2010 - 2030
- South
- Table South: Lumber Demand by Application, 2010 - 2030
- West
- Table West: Lumber Demand by Application, 2010 - 2030
- Demand by Region
- Industry Structure
- Key Findings & Industry Composition
- Table Lumber Sales by Company, 2020
- US Lumber Production Capacity
- Table US Lumber Production Capacity, 2020: Leading Suppliers
- Market Share
- Table Figure 13-1 | Lumber Market Share by Company, 2020
- Table Figure 13-2 | Lumber Market Leading Supplier, 2020
- Table Figure 13-3 | Lumber Market Second Leading Supplier, 2020
- Table Figure 13-4 | Lumber Market Third Leading Supplier, 2020
- Table Figure 13-5 | Lumber Market Fourth Leading Supplier, 2020
- Table Figure 13-6 | Lumber Market Fifth Leading Supplier, 2020
- Mergers & Acquisitions
- Table Selected Mergers & Acquisitions
- List of Industry Participants
- Table Selected Industry Participants
- Key Findings & Industry Composition
- Appendix
- Report Details
- Table Study Scope: US Geographic Regions & Subregions
- Table Relevant Industry Codes
- Table Relevant HS Codes
- Definitions
- Abbreviations
- Table Abbreviations & Acronyms Used in Study
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
- Economic Environment
- Table Macroeconomic Indicators, 2010 - 2030
- Demographic Trends
- Table Population & Households, 2010 - 2030
- Consumer Spending
- Table Personal Consumption Expenditures, 2010 - 2030
- Consumer Financing
- Table Consumer Financing Environment, 2010 - 2020
- Building Construction
- Table Building Construction Expenditures, 2010 - 2030
- Residential Building Construction
- Table Residential Building Construction Expenditures, 2010 - 2030
- New Housing
- Table New Housing Indicators, 2010 - 2030
- Housing Stock
- Table Housing Stock by Type, 2010 - 2030
- Residential Improvements & Repairs
- Table Residential Improvement & Repair Expenditures, 2010 - 2030
- Commercial Building Construction
- Table Commercial Building Construction Expenditures, 2010 - 2030
- Commercial Building Stock
- Table Commercial Building Stock by Type, 2010 - 2030
- Commercial Improvements & Repairs
- Table Commercial Building Improvement & Repair Expenditures, 2010 - 2030
- Nonbuilding Construction Expenditures
- Table Nonbuilding Construction Expenditures, 2010 - 2030
- Manufacturers' Shipments
- Table Manufacturers' Shipments, 2010 - 2030
- Economic Environment
- Report Details
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