North America Wood Products Market (Softwood Lumber, Oriented Strand Board & Plywood): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

North America Wood Products Market (Softwood Lumber, Oriented Strand Board & Plywood): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)

The North America wood products market is forecasted to reach US$243.9 billion in 2026, witnessing growth at a CAGR of 6.75%, over the period 2022-2026. The factors such as growing population, escalating new residential construction, high availability of forest reserves, surging demand for wooden furniture in offices and rising inclination of population towards home repair and remodeling would drive the growth of the market. However, the growth would be challenged by price fluctuations in North American softwood lumber and rising availability of the alternatives for wood products. A few notable trends include accelerating preference for engineered wood, upsurge in housing starts, growing investment in the development and renovation of tourism infrastructure and upswing in wood product manufacturing.

On the basis of type, the North America wood products demand can be divided into two categories, named as, Softwood Lumber and Engineered Wood Products (EWP).

The fastest growing market in the region is the U.S. due to rising inclination of population towards home repair and remodeling, rebound in new residential construction, high presence of forest reserves in the region, increasing disposable income and upswing in wood product manufacturing on account of aesthetically pleasing properties of wood, and the perception of wood as an environmentally friendly material.

Scope of the report:

  • The report provides a comprehensive analysis of the global hydrogen market segmented on the basis of production process, application and region.
  • The major regional and country markets (Asia Pacific, Europe, North America, Middle East & Africa and Central & South America, along with the U.S.) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Linde PLC, Air Liquide S.A., Air Products and Chemicals, Inc., Taiyo Nippon Sanso Corporation, Messer Group GmbH and Nel ASA) are also presented in detail.
Key Target Audience:
  • Wood Products Manufacturers
  • Traders, Importers and Exporters
  • Raw Material Suppliers and Distributors
  • Industry Investors
  • Associations, Industrial and Government Bodies


1. Market Overview
1.1 Introduction
1.2 Categorization of Wood Products
Table 1: Categorization of Wood Products
1.3 Simplified Classification of Wood Products
Table 2: Simplified Classification of Wood Products
1.4 Major Kinds of Products Made from Wood
Table 3: Major Kinds of Products Made from Wood
1.5 Manufacturing Process of Lumber
Table 4: Manufacturing Process of Lumber
1.6 Stratification of Softwood Lumber
1.7 Advantages of Wood Products
Table 5: Advantages of Wood Products
1.8 Oriented Strand Board Applications by Thickness
Table 6: Oriented Strand Board Applications by Thickness
2. Impact of COVID-19
2.1 Decline in Raw Wood Material Consumption
Table 7: The U.S. Raw Wood Material Consumption (2019 v/s 2020)
2.2 Drop in Construction Activities
Table 8: New Construction put in place in the U.S. (2016-2020)
2.3 Reduction in Global Real Estate Investment
Table 9: Global Commercial Real Estate Investment Transactions (2019 v/s 2020)
2.4 Downfall in Sales of Furniture Stores
Table 10: Monthly Retail Sales of Furniture & Home Furnishing Stores in the U.S. (2019 v/s 2020)
2.5 Decrease in North American OSB Shipments
Table 11: OSB Shipments of West Fraser Inc. (2016-2020)
3. North America Market Analysis
3.1 North America Wood Products Market by Value
Table 12: North America Wood Products Market by Value (2017-2021)
3.2 North America Wood Products Market Forecast by Value
Table 13: North America Wood Products Market Forecast by Value (2022-2026)
3.3 North America Wood Products Demand Volume
Table 14: North America Wood Products Demand Volume (2017-2021)
3.4 North America Wood Products Demand Volume Forecast
Table 15: North America Wood Products Demand Volume Forecast (2022-2026)
3.5 North America Wood Products Demand by Type
Table 16: North America Wood Products Demand by Type (2021)
3.5.1 North America Softwood Lumber Wood Products Demand by Volume
Table 17: North America Softwood Lumber Wood Products Demand by Volume (2017-2021)
3.5.2 North America Softwood Lumber Wood Products Demand Forecast by Volume
Table 18: North America Softwood Lumber Wood Products Demand Forecast by Volume (2022-2026)
3.5.3 North America Softwood Lumber Wood Products Demand Volume by End-Use
Table 19: North America Softwood Lumber Wood Products Demand Volume by End-Use (2017-2021)
3.5.4 North America Softwood Lumber Wood Products Demand Volume Forecast by End-Use
Table 20: North America Softwood Lumber Wood Products Demand Volume Forecast by End-Use (2022-2026)
3.5.5 North America Engineered Wood Products Demand by Volume
Table 21: North America Engineered Wood Products Demand by Volume (2017-2021)
3.5.6 North America Engineered Wood Products Demand Forecast by Volume
Table 22: North America Engineered Wood Products Demand Forecast by Volume (2022-2026)
3.5.7 North America Engineered Wood Products Demand by Type
Table 23: North America Engineered Wood Products Demand by Type (2021)
3.5.8 North America Oriented Strand Board Wood Products Demand by Volume
Table 24: North America Oriented Strand Board Wood Products Demand by Volume (2017-2021)
3.5.9 North America Oriented Strand Board Wood Products Demand Forecast by Volume
Table 25: North America Oriented Strand Board Wood Products Demand Forecast by Volume (2022-2026)
3.5.10 North America Oriented Strand Board Wood Products Demand Volume by End-Use
Table 26: North America Oriented Strand Board Wood Products Demand Volume by End-Use (2017-2021)
3.5.11 North America Oriented Strand Board Wood Products Demand Volume Forecast by End-Use
Table 27: North America Oriented Strand Board Wood Products Demand Volume Forecast by End-Use (2022-2026)
3.5.12 North America Plywood Products Demand by Volume
Table 28: North America Plywood Products Demand by Volume (2017-2021)
3.5.13 North America Plywood Products Demand Forecast by Volume
Table 29: North America Plywood Products Demand Forecast by Volume (2022-2026)
3.5.14 North America Plywood Products Demand Volume by End-Use
Table 30: North America Plywood Products Demand Volume by End-Use (2017-2021)
3.5.15 North America Plywood Products Demand Volume Forecast by End-Use
Table 31: North America Plywood Products Demand Volume Forecast by End-Use 2022-2026)
3.5.16 North America Other Engineered Wood Products Demand by Volume
Table 32: North America Other Engineered Wood Products Demand by Volume (2017-2021)
3.5.17 North America Other Engineered Wood Products Demand Forecast by Volume
Table 33: North America Other Engineered Wood Products Demand Forecast by Volume (2021-2026)
3.6 North America I-Joist Production by Volume
Table 34: North America I-Joist Production by Volume (2017-2021)
3.7 North America Laminated Veneer Lumber Production by Volume
Table 35: North America Laminated Veneer Lumber Production by Volume (2017-2021)
3.8 North America Medium Density Fiberboard Production by Volume
Table 36: North America Medium Density Fiberboard Production by Volume (2017-2021)
3.9 North America Softwood Lumber Demand by Country
Table 37: North America Softwood Lumber Demand by Country (2021)
3.10 North America Oriented Strand Board Demand by Country
Table 38: North America Oriented Strand Board Demand by Country (2021)
3.11 North America Plywood Demand by Country
Table 39: North America Plywood Demand by Country (2021)
4. Country Market Analysis
4.1 The U.S.
4.1.1 The U.S. Softwood Lumber Wood Products Demand Forecast by Volume
Table 40: The U.S. Softwood Lumber Wood Products Demand Forecast by Volume (2021-2026)
4.1.2 The U.S. Softwood Lumber Wood Products Demand Volume by End-Use
Table 41: The U.S. Softwood Lumber Wood Products Demand Volume by End-Use (2021)
4.1.3 The U.S. Oriented Strand Board Wood Products Demand Forecast by Volume
Table 42: The U.S. Oriented Strand Board Wood Products Demand Forecast by Volume (2021-2026)
4.1.4 The U.S. Oriented Strand Board Wood Products Demand Volume by End-Use
Table 43: The U.S. Oriented Strand Board Wood Products Demand Volume by End-Use (2021)
4.1.5 The U.S. Plywood Products Demand Forecast by Volume
Table 44: The U.S. Plywood Products Demand Forecast by Volume (2021-2026)
4.2 Canada
4.2.1 Canada Softwood Lumber Wood Products Demand Forecast by Volume
Table 45: Canada Softwood Lumber Wood Products Demand Forecast by Volume (2021-2026)
4.2.2 Canada Softwood Lumber Wood Products Demand Volume by End-Use
Table 46: Canada Softwood Lumber Wood Products Demand Volume by End-Use (2021)
4.2.3 Canada Oriented Strand Board Wood Products Demand Forecast by Volume
Table 47: Canada Oriented Strand Board Wood Products Demand Forecast by Volume (2021-2026)
4.2.4 Canada Oriented Strand Board Products Demand Volume by End-Use
Table 48: Canada Oriented Strand Board Products Demand Volume by End-Use (2021)
4.2.5 Canada Plywood Products Demand Forecast by Volume
Table 49: Canada Plywood Products Demand Forecast by Volume (2021-2026)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Population
Table 50: Resident Population of the U.S. (2017-2021)
5.1.2 Escalating New Residential Construction
Table 51: The U.S New Residential Construction Spending (2017-2021)
5.1.3 High Availability of Forest Reserve
Table 52: Ten Countries with the Largest Forest Area (2020)
5.1.4 Surging Demand for Wooden Furniture in Offices
Table 53: The U.S. Office Furniture Market Value Forecast (2016-2025)
5.1.5 Increasing Disposable Income
Table 54: Per Capita Disposable Personal Income in the U.S. (2017-2021)
5.1.6 Rising Inclination towards Home Repair & Remodeling
Table 55: Homeowner Improvements & Repair Expenditure in the U.S. (2016-2021)
5.2 Key Trends and Developments
5.2.1 Accelerating Preference for Engineered Wood
Table 56: Veneer, Plywood & Engineered Wood Product Manufacturing Revenue in the U.S. (2016-2024)
5.2.2 Upsurge in Housing Starts
Table 57: Number of New Single Family Home Construction in the U.S. (2016-2022)
5.2.3 Growing Investment in the Development & Renovation of Tourism Infrastructure
Table 58: The U.S. Capital Investment in Travel & Tourism Forecast (2016-2022)
5.2.4 Upswing in Wood Product Manufacturing
Table 59: The U.S. Wood Product Manufacturing Revenue (2016-2024)
5.2.5 Mounting Adoption for Biomass Energy Production
Table 60: Forecasted Biomass Energy Production in the U.S. (2019-2050)
5.3 Challenges
5.3.1 Price Fluctuations in North American Softwood Lumber
Table 61: North American Softwood Lumber Pricing (2017-2021)
5.3.2 Rising Availability of Alternatives
6. Competitive Landscape
6.1.1 North America Softwood Lumber Market Share by Key Players
Table 62: North America Softwood Lumber Market Share by Key Players (2021)
6.1.2 North America Oriented Strand Board (OSB) Market Share by Key Players
Table 63: North America Oriented Strand Board (OSB) Market Share by Key Players (2021)
6.1.3 North America Plywood Market Share by Key Players
Table 64: North America Plywood Market Share by Key Players (2021)
7. Company Profiles
7.1 Weyerhaeuser Company
7.1.1 Business Overview
7.2 West Fraser Timber Co. Ltd.
7.2.1 Business Overview
7.3 Canfor Corporation
7.3.1 Business Overview
7.4 Louisiana-Pacific Corporation
7.4.1 Business Overview
7.5 Interfor Corporation
7.5.1 Business Overview
7.6 Conifex Timber Inc.
7.6.1 Business Overview

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