Canada Secondary Wood Products Market Growth, Outlook, Demand, Key player Analysis and Opportunity 2022-2027

IMARC Group's latest report, titled "Canada Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the Canada secondary wood products market size reached US$ 29.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.4 Billion by 2027, exhibiting a growth rate (CAGR) of 2% during 2022-2027.

Secondary wood products, also known as value-added wood products, are manufactured by the processing of primary wood products such as lumber, timber, pulp, etc. Secondary wood products include products such as wooden kitchen, cabinets and countertops, engineered wood products, wooden pallets, and secondary paper products.

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Competitive Landscape with Key Players:

The report has also examined the competitive landscape of Canada secondary wood products market. Some of the major players include:

• G. Romano
• Amisco Industries
• BSG Inc.
• BG Furniture
• Herman Miller
• Weyerhaeuser Company

Canada Secondary Wood Products Market Growth:

Secondary wood products market is a growing contributor to economic and employment growth in Canada. Recent forest product innovations in the country have led to improved industrial competitiveness and environmental performance in a wide range of industries, from natural resources, manufacturing and agriculture, to chemicals, healthcare, and cosmetics. According to the Forest Products Association of Canada (FPAC), Canada is a leader in forest sustainability and accounts for the majority of the share of all certified forests in the world, leading to a growth in the secondary wood products market.

Strengthening and facilitating the secondary wood products manufacturing is now being perceived as the next step to create a more sustainable economy in Canada. Moreover, investments made by the country in Forest Industry Transformation program (IFIT) to support Canada's forest sector have increased the growth of secondary wood products market in the region. The country also represents one of the largest exporters of wood products in the world, thereby rising its economy with the sale of various secondary wood products across the globe.

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Key Market Segmentation:

Breakup by Type:

• Wood Furniture
o Office Furniture
o Household & Institution
o Wooden Kitchen, Cabinets and Countertops
o Others
• Engineered Wood Products
o Plywood
o OSB
o Particle Board
o Others
• Secondary Paper Products
o Paper Products
o Paperboard Containers
• Others

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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