The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Sawmills Market: Growth Trajectory

• Market size: From $118.3 billion in 2023 to $125.14 billion in 2024
• Compound Annual Growth Rate (CAGR): 5.8%
• Drivers: Housing construction, furniture manufacturing, economic conditions, population growth

Eyeing Tomorrow: Projections and Trends

• Projected market size: $155.56 billion by 2028
• CAGR: 5.6%
• Forecast drivers: Housing and infrastructure development, sustainable construction, global wood trade, digitalization

Rising Demand For Wood Products To Drive Market Growth

Wooden Ambitions

• Demand surge: Across construction, furniture, packaging, and paper industries
• Sawmills’ role: Key in processing wood into various products
• Global consumption: Expected rise in fuelwood demand

Market Leaders

• Industry giants: West Fraser Timber, Canfor Corporation, Weyerhaeuser Company, and more

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Product Innovations Transforming The Sawmills Market

Innovative Solutions

• Trend focus: Product innovation
• Example: Wood-Mizer’s LX55 Portable Sawmill
• Features: Mechanical log handling, fast saw head, simple push feed system

Strategic Acquisition

• Interfor Corporation’s acquisition of Eacom Timber Corporation
• Strategic aim: Enhancing timber procurement in eastern Canada
• Eacom Timber’s role: Lumber manufacturing and distribution

Market Segmentation and Regional Insights

Segmentation Overview

• By Product: Softwood Lumber, Hardwood Lumber
• By Technology: Chain, Band, Circular Sawmills
• By Application: Construction, Furniture, Packaging, Others

Regional Dynamics

• Asia-Pacific: Fastest-growing region in 2023

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The Sawmills Global Market Report 2024  provides comprehensive insights on the sawmills market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the sawmills market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

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