The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising demand for wood and wood products will drive innovation in sawmill manufacturing, propelling the market over the forecast period.

The global sawmills market is expected to grow from $111.07 billion in 2022 to $117.76 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The global sawmills market size is expected to reach $144.30 billion in 2027 at a CAGR of 5.2%.

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 Global Sawmills Market Segments Include:

• By Product: Softwood Lumber, Hardwood Lumber
• By Technology: Chain Sawmills, Band Sawmills, Circular Sawmills
• By Application: Construction, Furniture, Packaging And Joinery Industries, Others Applications
• 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 is the largest region in the global sawmills market in 2021.

Major Market Players in the sawmills market include West Fraser Timber Co Ltd., Canfor Corporation, Weyerhaeuser Company, Stora Enso Oyj, Georgia-Pacific LLC, Interfor Corporation, Sierra Pacific Industries, Hampton Affiliates Inc.

Product innovation is a crucial trend that is gaining traction in the sawmills market. Major players in the sawmills business are focusing on providing novel solutions to increase their market position. For example, Wood-Mizer Holdings, Inc., a US-based machinery industry company, developed an entry-level LX55 Portable Sawmill in November 2022. The LX55’s operation is unique in that it combines mechanical log handling with a quick saw head held high on a hand crank and a simple push feed system. The LX55 sawmill also has a low bed profile for easy log load capacity, quick-adjust log fasteners, and side claims to facilitate securing and turning logs on the bed.

The Sawmills Global Market Report 2023  provides a sawmills market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The sawmills market forecast analyzes sawmills market size, sawmills market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A sawmill is a facility or business that uses power-driven machines to process logs and transform them into lumber or other wood products such as plywood, particleboard or wood chips.

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