Global Cross Laminated Timber (CLT) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Cross Laminated Timber (CLT) market size was valued at US$ 826 million in 2024 and is forecast to a readjusted size of USD 1335 million by 2031 with a CAGR of 8.0% during review period.

Cross Laminated Timber (CLT) is an innovative engineered wood product made up of multiple layers of solid wood boards stacked crosswise and bonded together using adhesives or mechanical fasteners. The cross-laminated structure significantly enhances the material's rigidity, dimensional stability, and overall mechanical properties. These characteristics make CLT suitable for a wide range of structural applications, including walls, floors, roofs, and even entire building systems. Its versatility allows it to be used in various building types, from residential homes to large commercial buildings.

The technology for producing CLT was first developed in Germany and Austria in the early 1990s, marking the beginning of a new era in sustainable construction. Over the past few decades, CLT has gained immense popularity, particularly in Europe, where it is viewed as a sustainable and efficient alternative to traditional construction materials like concrete and steel. In 2018, European CLT sales reached 712.1 thousand cubic meters, accounting for more than 80% of global CLT production. Europe remains the leading region in CLT manufacturing, with significant production hubs in Austria, Germany, and Switzerland.

The global CLT market is dominated by several major players, including Stora Enso, Binderholz, KLH Massivholz, and Mayr-Melnhof Holz. Stora Enso, in particular, has emerged as the largest CLT producer in the world. The company operates several key CLT production facilities, including those at Ybbs and Bad St. Leonhard, which became operational in 2012 and 2008, respectively, and the Gruvön facility, which opened in 2019.

Trends: The CLT market is expected to experience continued growth, driven by increasing demand for sustainable building materials and the ongoing development of green building practices. Europe is expected to maintain its leadership in both production and innovation, with ongoing research and development efforts aimed at improving CLT's performance and expanding its applications. Additionally, the adoption of CLT is expanding beyond Europe, with North America emerging as a key market for this technology. The growing awareness of CLT's environmental benefits, such as its low carbon footprint and the use of renewable materials, is also contributing to its global expansion.

Moreover, advancements in CLT technology are enabling the construction of taller and more complex buildings, further demonstrating its potential as a viable alternative to traditional construction methods. As sustainability becomes increasingly central to the construction industry, CLT is likely to play a pivotal role in shaping the future of architecture and building design.

This report is a detailed and comprehensive analysis for global Cross Laminated Timber (CLT) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Cross Laminated Timber (CLT) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Cross Laminated Timber (CLT) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Cross Laminated Timber (CLT) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031

Global Cross Laminated Timber (CLT) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cross Laminated Timber (CLT)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cross Laminated Timber (CLT) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Stora Enso, Binderholz, KLH Massivholz, Mayr-Melnhof Holz, Arolla Lda, Hasslacher Norica, ZÜBLIN Timber Construction, Lignotrend, Eugen Decker, XLam Dolomiti, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cross Laminated Timber (CLT) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Adhesive-bonded CLT
Mechanically Fastened CLT

Market segment by Application
Residential Building
Commercial Building
Institutional Building
Others

Major players covered
Stora Enso
Binderholz
KLH Massivholz
Mayr-Melnhof Holz
Arolla Lda
Hasslacher Norica
ZÜBLIN Timber Construction
Lignotrend
Eugen Decker
XLam Dolomiti
W. u. J. Derix
Schilliger Holz
Mercer Mass Timber

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Cross Laminated Timber (CLT) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cross Laminated Timber (CLT), with price, sales quantity, revenue, and global market share of Cross Laminated Timber (CLT) from 2020 to 2025.

Chapter 3, the Cross Laminated Timber (CLT) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cross Laminated Timber (CLT) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Cross Laminated Timber (CLT) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Cross Laminated Timber (CLT).

Chapter 14 and 15, to describe Cross Laminated Timber (CLT) sales channel, distributors, customers, research findings and conclusion.