Forecasting till 2030: Opportunities And Strategies In The Global Manufactured Wood Materials Market – Includes Manufactured Wood Materials Market Share
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Increasing concerns of global warming and climate change have significantly shifted the consumer preference towards eco-friendly furniture which has enabled the manufacturers to develop furniture using eco-friendly materials, as per The Business Research Company’s manufactured wood materials market opportunities and strategies report.
The manufactured wood materials market is expected to recover and grow at a CAGR of 8.07% from 2021 ad reach $315.7 billion in 2023. The market is expected to reach $367.4 billion by 2025, and $525.4 billion by 2030.
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Major players in the manufactured wood materials market include Georgia-Pacific, Weyerhaeuser, Boise Cascade, West Fraser Timber Co Ltd, Universal Forest Products.
Manufactured wood material companies are increasingly integrating automation and robotics in their operations to enhance productivity and reduce costs. Robotics are generally being adopted in those functional areas where working conditions for human labor are not safe and it can be implemented to complement human labor to increase operational efficiency. Automation is being utilized to reduce the time taken for manufacturing reconstituted wood products and thereby improving process efficiency.
The Global Manufactured Wood Materials Market Is Segmented:
By Type: Reconstituted Wood, Plywood, Veneer Sheets
By Type Of Plant: Beech, Oak, Others
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 Manufactured Wood Materials 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 Manufactured Wood Materials 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 manufactured wood materials market research, analyzes and forecasts manufactured wood materials market size, manufactured wood materials market share, manufactured wood materials market players, manufactured wood materials market trends, manufactured wood materials market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s manufactured wood materials market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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 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 industry involves various types of procedures used to convert raw wood to produce wood materials by binding or fixing strands, particles, fibers, veneers or boards of wood with adhesives or other methods in order to form composite materials.
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