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Wood used as a building material is increasing due to numerous advantages of wood buildings over concrete buildings, thus driving the market for wood products, as per The Business Research Company’s wood products market opportunities and strategies report.

The wood products market is expected to grow $1.18 trillion in 2025 at a rate of 9.3%. The global wood products market size is then expected to grow at a CAGR of 7.4% from 2025 and reach $1.69 trillion in 2030.

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Major players in the wood products market include Weyerhaeuser Company, West Fraser Timber Co Ltd, Canfor, Celulosa Arauco y Constitución, and Interfor.

The increasing demand for supply chain transparency in 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 wood supply chain. Electronic tracking is being adopted by the 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.

The Global Wood Products Market Is Segmented:
By Type: Finished Wood Products (Millwork, Wood Pallets and Skids), Wood Processing, Manufactured Wood Materials

By Application: Residential, Commercial

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Wood Products Market Report Covers:

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 Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough wood products market research, analyzes and forecasts wood products market size, wood products market share, wood products market players, wood products market trends, wood products market segmentation 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.

The wood products market consists of sales of wood products by entities (organizations, sole traders and partnerships) that produce or make products derived from wood. This industry includes establishments that produce lumber, plywood, veneers, wood containers, wood flooring, wood trusses, prefabricated homes and prefabricated wooden buildings.

View Similar Reports From The Business Research Company:

Wood Processing Global Market Report 2022

Finished Wood Products Global Market Report 2022

Furniture Global Market Report 2022

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