The Global Manufactured Wood Materials Market Report by The Business Research Company covers manufactured wood materials market drivers and restraints, manufactured wood materials market size, major players, and the impact of COVID-19 on the manufactured wood materials market.
The manufactured wood materials market consists of sales of produced wood materials by entities (organizations, sole traders and partnerships) that produce veneer, plywood, engineered wood members and reconstituted wood products. Some products produced by this industry include hardwood and softwood veneer, fabricated and laminated wood arches, wood roof, floor trusses, wood sheets and boards. The manufactured wood materials market is segmented into reconstituted wood, plywood and veneer sheets.
Increasing demand for online shopping is expected to help the manufactured wood materials market grow.
The global manufactured wood materials market is expected to grow from $243.92 billion in 2020 to $260.34 billion in 2021 at a compound annual growth rate (CAGR) of 6.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $344.68 billion in 2025 at a CAGR of 7%.
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Some manufactured wood materials market trends include use of automation and robotics in operations to enhance productivity and reduce costs. Robotics are generally being adopted in those functional areas where working conditions for human labour are not safe and it can be implemented to complement human labour to increase operational efficiency. Automation is being utilized to reduce the time taken for manufacturing reconstituted wood products and thereby improving process efficiency.
Global manufactured wood materials market segments include:
1) By Type: Reconstituted Wood, Plywood, Veneer Sheets.
2) By Application: Residential, Commercial.
3) By Type of Wood Plant: Teak, Oak, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global manufactured wood materials market share.
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The Manufactured Wood Materials Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides manufactured wood materials market overviews, analyzes and forecasts market size, share, manufactured wood materials market players, manufactured wood materials market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The manufactured wood materials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Manufactured Wood Materials Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Georgia-Pacific Corporation, Weyerhaeuser Company, Celulosa Arauco y Constitución, Norbord Inc, RLC Industries Co.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Manufactured Wood Materials Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Manufactured Wood Materials Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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