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Sawmills Market 2023 - Market Size, Analysis, Latest Trends, Top Key Players, Segmentation And Forecast To 2032
Sawmills Market Analysis
Sawmills Market Size, Growth Rate, And Forecast
The global sawmills market size is expected to grow from $111.07 billion in 2022 to $117.76 billion in 2023 at a compound annual growth rate (CAGR) of 6%. 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 global sawmills market size is expected to reach $144.30 billion in 2027 at a CAGR of 5.2%.
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Sawmills Market Drivers
The rising demand for wood and wood products is expected to propel the growth of the sawmills market going forward. There is a rising demand for wood and wood products in various industries, including construction, furniture, packaging, and paper production. A wood product is any object made of or primarily constructed of solid wood, wood composition, bamboo, and/or rattan. Wood is used in sawmills for woodworking and sawing wood logs into planks and scants.
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Sawmills Market Segments
1) By Product: Softwood Lumber, Hardwood Lumber
2) By Technology: Chain Sawmills, Band Sawmills, Circular Sawmills
3) By Application: Construction, Furniture, Packaging And Joinery Industries, Others Applications
● By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the sawmills market.
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Sawmills Market Key Players
Major competitors in the sawmills market include West Fraser Timber Co Ltd., Canfor Corporation, Weyerhaeuser Company, Stora Enso Oyj, Georgia-Pacific LLC, Interfor Corporation, Sierra Pacific Industries.
The Business Research Company's "Global Sawmills Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sawmills Market Include:
1. Executive Summary
2. Sawmills Market Characteristics
3. Sawmills Market Trends And Strategies
4. Sawmills Market - Macro Economic Scenario
5. Sawmills Market Size And Growth
......
26. Africa Sawmills Market
27. Sawmills Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sawmills Market
29. Sawmills Market Future Outlook and Potential Analysis
30. Appendix
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