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

The global wood products market size is expected to grow from $631.11 billion in 2021 to $684.26 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The wood product market is expected to grow to $903.33 billion in 2026 at a CAGR of 7.2%.

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

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The wood products market consists of sales of wood products by entities (organizations, sole traders and partnerships) that produce products derived from wood. This industry includes businesses that produce lumber, plywood, veneers, wood containers, wood flooring, wood trusses, produced homes and prefabricated wooden buildings. Wood products production include sawing, planning, shaping, laminating, and assembling of wood products into bolts or lumber.

Global Wood Products Market Segments Include:

By Type: Finished Wood Products, Wood Processing, Manufactured Wood Materials

By Application: Residential, Commercial

By Distribution Channel: Offline, Online

Subsegments Covered: Millwork, Wood Pallets and Skids, Prefabricated Home, Other Finished Wood Products, Sawmills, Wood Preservation, Reconstituted Wood, Plywood, Veneer Sheets

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 products 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 have implemented 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 products market report covers:

Major Market Players: Weyerhaeuser Company, LIXIL Group, UFP Industries Inc., JELD-WEN Inc., West Fraser Timber Co. Ltd., Canfor Corporation, CELULOSA ARAUCO Y CONSTITUCIÓN S.A., Louisiana-Pacific Corporation, upm-kymmene oyj and Builders FirstSource.

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 Products 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 products market overviews, analyzes and forecasts market size, share, wood products market players, wood products market segments and geographies, leading competitor revenues, profiles and market shares.

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

Here Is A List Of Similar Reports From The Business Research Company:

Wood Processing Global Market Report 2022

Finished Wood Products Global Market Report 2022

Manufactured Wood Materials Global Market Report 2022

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