Learn about the global wood processing market through The Business Research Company, which provides information on wood processing market size, wood processing market drivers and restraints, wood processing market players, the COVID-19 impact on the wood processing market, and more.

The global wood processing market size is expected to grow from $129.48 billion in 2021 to $141.53 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The wood processing market is expected to grow to $192.66 billion in 2026 at a CAGR of 8.0%.

The wood processing market is expected to benefit from steady economic growth forecasted for many developed and developing countries.

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The wood processing market consists of sales of processed wood by entities (organizations, sole traders and partnerships) that saw dimension lumber, boards, beams, timbers, poles, ties, shingles, shakes, siding, and wood chips from logs or bolts. This industry also includes establishments that treat planed, sawed and shaped wood with creosote or other preservatives such as alkaline copper quat, copper azole, and sodium borates, to prevent decay and to protect against fire and insects.

Global Wood Processing Market Segments Include:
By Type: Sawmills, Wood Preservation

By End-User Industry: Residential, Commercial, Infrastructural, 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 was the largest region in the wood processing market in 2021.

The increasing demand for supply chain transparency and stringent government regulations on the wood industry has led to the implementation of tracking and tracing technologies. Many wood companies are implementing their own tracking systems to maintain transparency in their timber supply chain. Electronic tracking is being adopted by wood companies and government agencies over paper-based systems and technologies such as radio-frequency identification chips, barcodes and advanced traceability software are being used.

TBRC’s wood processing market report covers:

Major Market Players: West Fraser Timber Co. Ltd., Canfor Corporation, UFP Industries, Inc., Interfor Corporation, Sierra Pacific Industries, Inc, Koppers Inc., Northwest Hardwoods, Inc., Svenska Cellulosa Aktiebolaget, and Maruben

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 (2016-21) and ten years forecast (2022-2026-2031)

The Wood Processing Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides wood processing market overviews, analyzes and forecasts market size, share, wood processing market players, wood processing market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s wood processing market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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