Global Wood Recycling Market 2024-2028
Wood Recycling Market 2024-2028
The wood recycling market is forecasted to grow by USD 14 bn during 2023-2028, accelerating at a CAGR of 8.74% during the forecast period. The report on the wood recycling 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 use of biomass fuels, growing urbanization and literacy rate, and regulations for reducing ghg emissions and use of bioenergy in heating systems.
Technavio's wood recycling market is segmented as below:
By Application
- Wood panels
- Energy generation
- Others
By Material
- Paper and cardboard
- Waste wood
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing focus on circular economy as one of the prime reasons driving the wood recycling market growth during the next few years. Also, change in recycling targets of wood packaging in Europe and declining investments in coal industry will lead to sizable demand in the market.
The report on the wood recycling market covers the following areas:
- Wood recycling market sizing
- Wood recycling market forecast
- Wood recycling market industry analysis
The 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 wood recycling market vendors that include Alliance Forest Products, Brewer Farms Inc., Canadian Wood Waste Recycling Business Group, Enva, FOMEX group, Green-O-Tech India, JB Recycling Ltd., Kruger Inc., LEDR Recycling, Mid America Paper Recycling, Northstar Recycling Co. Inc., Rainier Wood Recyclers, Sappi Ltd., Spencer Wood Recycling, Swanson Bark and Wood Products Inc., Sylvagen Ltd., TAKEEI CORPORATION, Todco Inc., Tomra Systems ASA, and Veolia Environnement SA. Also, the wood recycling 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 company 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 research - both primary and secondary. 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 the accurate market growth.