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Wood Products Global Market By Manufacturers, Technology, Application, Product Type, Regions, Growth Analysis and Forecast To 2031 | Weyerhaeuser Company, LIXIL Group, UFP Industries Inc., JELD-WEN Inc.
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The global wood products market report by the business research company identifies the wood products manufacturing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to the International Monetary Fund (IMF), the global GDP growth reached 3.3% in 2021 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during forecast period.
The global wood products market grew from $631.11 billion in 2021 to $690.04 billion in 2022 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The wood products market is expected to grow to $866.21 billion in 2026 at a CAGR of 5.8%.
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Asia Pacific was the largest region in the wood products market in 2021. North America was the second largest region in the wood products market. The regions covered in wood products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major players in the wood products market are Weyerhaeuser Company, LIXIL Group, UFP Industries Inc., JELD-WEN Inc., West Fraser Timber Co. Ltd., Canfor Corporation, CELULOSA ARAUCO Y CONSTITUCIÓN S.A., Louisiana-Pacific Corporation, upm-kymmene oyj and Builders FirstSource.
The global wood products market is segmented -
1) By Type: Finished Wood Products, Wood Processing, Manufactured Wood Materials
2) By Application: Residential, Commercial
3) By Distribution Channel: Offline, Online
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The Wood Products Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Wood Products Market Characteristics
4. Wood Products Market Product Analysis
5. Wood Products Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Wood Products Market
23. Market Background: Paper, Plastics, Rubber, Wood And Textile Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
This report covers the trends and market dynamics of the wood products market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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