Forecasting till 2030: Opportunities And Strategies In The Global Wood Processing Market – Includes Wood Processing Industry
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The increasing popularity of cruising drove the demand for processed wood hence supporting the market’s growth in the historic period, as per The Business Research Company’s wood processing market opportunities and strategies report.
The wood processing market is expected to grow at a CAGR of 3.9% to nearly $167.9 billion by 2023. The market is expected to nearly $193.2 billion by 2025, and to $269.3 million by 2030.
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Major players in the wood processing market include West Fraser Timber Co Ltd, Canfor, Weyerhaeuser, Interfor, Georgia Pacific.
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.
The Global Wood Processing Market Is Segmented:
By Type: Sawmills (Wood Chips/Particles – Non-Coniferous, Sawn Wood Lumber – Coniferous, Wood Chips/Particles – Coniferous, Others), Wood Preservation
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Wood Processing 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 Processing 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 processing market research, analyzes and forecasts wood processing market size, wood processing market share, wood processing market players, wood processing market trends, wood processing market segmentation 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.
The wood processing market consists of sales of processed wood which is treated with preservatives 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. The wood processing market is segmented into sawmills and wood preservation.
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