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Global Wood Processing Market Report 2023-2032 : Size, Share, Growth Outlook and Global Analysis by Top Key Players Are West Fraser Timber Co. Ltd., Canfor Corporation, upm-kymmene oyj, UFP Industries, Inc., Interfor Corporation
Wood Processing Market
As per the Wood Processing market report by The Business Research Company, The wood processing market is expected to benefit from steady economic growth forecasted for many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 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 global wood processing market grew from $142.89 billion in 2022 to $152.94 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The wood processing market is expected to grow to $195.18 billion in 2027 at a CAGR of 6.3%.
Read More On The Wood Processing Market Report Here:
https://www.thebusinessresearchcompany.com/report/wood-processing-global-market-report
Major competitors in the Wood Processing market include West Fraser Timber Co. Ltd., Canfor Corporation, upm-kymmene oyj, UFP Industries, Inc., Interfor Corporation, Sierra Pacific Industries, Inc., Koppers Inc., Northwest Hardwoods, Inc., Svenska Cellulosa Aktiebolaget, and Marubeni.
The Wood Processing market is segmented -
1) By Type: Sawmills, Wood Preservation
2) By End-user Industry: Residential?, Commercial?, Infrastructural?, Other End-user Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Wood Processing market.
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Wood processing refers to numerous techniques that make use of raw wood to produce materials or supplies that are used as the raw materials in the production of a variety of wood-based products, in which chemicals and other additives are frequently added as part of operations to help prepare the raw wood for usage.
The Table Of Content For The Wood Processing Market Include:
1. Executive Summary
2. Report Structure
3. Wood Processing Market Characteristics
4. Wood Processing Market Product Analysis
5. Wood Processing Market Supply Chain
.....
21. Key Mergers And Acquisitions In The Wood Processing Market
22. Market Background: Wood Products Manufacturing Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The "Global Wood Processing Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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