Global Laminated Veneer Lumber Market 2024-2028
Laminated Veneer Lumber Market 2024-2028
The laminated veneer lumber market is forecasted to grow by USD 1520.8 mn during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the laminated veneer lumber market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing investments in construction sector, adoption of modular construction, and government initiatives to promote sustainability.
Technavio's laminated veneer lumber market is segmented as below:
By Type
- Cross-Banded LVL
- Structural LVL
- Others
By End-user
- Residential
- Commercial
- Industrial
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the adoption of recyclable wind blades as one of the prime reasons driving the laminated veneer lumber market growth during the next few years. Also, launch of sustainable construction units and strategic partnerships will lead to sizable demand in the market.
The report on the laminated veneer lumber market covers the following areas:
- Laminated Veneer Lumber Market sizing
- Laminated Veneer Lumber Market forecast
- Laminated Veneer Lumber Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading laminated veneer lumber market vendors that include Anderson Lumbar Company, Boise Cascade Co, Brisco Manufacturing Ltd., Mayr Melnhof Holz Holding AG, METSA GROUP, Nelson Pine Industries Ltd., Pacific Woodtech Corp, Pfeifer Holding GmbH, Roseburg Forest Products Co., SmartLam, Stora Enso Oyj, Sunrise plywood, UFP Industries Inc., West Fraser Timber Co. Ltd., and Weyerhaeuser Co.. Also, the laminated veneer lumber market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.