Global Manufactured Wood Materials Market 2022 Key Stakeholders, CAGR, Growth Factors and Forecast 2030

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The global manufactured wood materials market reached a value of nearly $264.6 billion in 2019, having increased at a compound annual growth rate (CAGR) of 6.9% since 2015. The market is expected to decline from $264.6 billion in 2019 to $256.9 billion in 2020 at a rate of -2.92%. The decline is mainly due to lockdown and social distancing norms imposed by various countries and economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then 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.

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. Along with the environmental concerns, consumers wanting modular and elegant furniture is also driving the demand for wooden furniture across rural and urban areas. This in turn is benefiting the manufactured wood materials markets growth.

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The manufactured wood materials market is segmented -
• By Type: Reconstituted Wood, Plywood, Veneer Sheets
• By Type Of Plant: Beech, Oak, Others
• By Application: Residential, Commercial

Major competitors in the manufactured wood materials market include Georgia-Pacific, Weyerhaeuser, Boise Cascade, West Fraser Timber Co Ltd, Universal Forest Products

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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.

The Table Of Content For The Manufactured Wood Materials Market Include:
1. Manufactured Wood Materials Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
……
26. Market Background: Wood Products Manufacturing Market
27. Manufactured Wood Materials Market Opportunities And Strategies
28. Manufactured Wood Materials Market, Conclusions And Recommendations
29. Appendix

The Business Research Company's "Global Manufactured wood materials Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.

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