Press release
Wood Shavings Market Size with Covid-19 Pandemic Analysis, Growth Rate, New Trend Analysis Forecast To 2024-2030
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ: ๐๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌThe Wood Shavings Market is projected to reach USD 18.17 billion by 2030, expanding at a Compound Annual Growth Rate (CAGR) of 11.5% from 2023 to 2030. Wood shavings, derived from wood chips or sawdust created by tools, are widely used for animal bedding. Though these shavings can be made from various types of wood, eucalyptus and pine are particularly preferred by pet owners due to their beneficial properties.
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ: ๐๐๐ซ๐ฌ๐๐ญ๐ข๐ฅ๐ ๐๐ง๐ ๐๐๐๐ ๐๐จ๐ซ ๐๐ง๐ข๐ฆ๐๐ฅ ๐๐๐๐๐ข๐ง๐
Wood shavings are favoured for animal bedding because they are free from iron, nails, and other harmful materials that could affect animals' health. These shavings provide a comfortable and secure bedding option for poultry, preventing direct contact with the ground. They are also used to shelter livestock, cover dirt in rodeos, fairs, and exhibits, and serve as packaging material in horticulture. The variety of applications for wood shavings significantly drives market growth.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐ข๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐๐ก ๐๐ซ๐๐ฉ๐ก๐ข๐๐ฌ: https://www.maximizemarketresearch.com/request-sample/73994/
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐:
o Base Year: 2023
o Forecast Period: 2024-2030
o Historical Data: 2018 to 2023
o Market Size in 2023: US $ 8.48 Bn.
o Forecast Period 2024 to 2030 CAGR: 11.5 %
o Market Size in 2030: US $ 18.17 Bn.
๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐๐ฅ๐ฎ๐๐ง๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Wood shavings are extensively used in packaging, a common method for shipping and protecting delicate items like handicrafts, bottles, and food products. The type of wood shavings utilized varies based on the chip's thickness, the wood's origin, and the length. This versatility is anticipated to drive the market throughout the forecast period. Additionally, wood shavings offer a moisture-resistant, soft, and comfortable resting material for animals. Their ability to absorb odors and resist mold-causing moisture further encourages their use as animal bedding, contributing to market expansion.
However, the presence of dust or wood particles in wood shavings can pose a problem for animal bedding, potentially restraining market growth during the forecast period.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ:
In 2023, the softwood segment generated the highest revenue, amounting to USD 6,500 million, and is expected to reach USD 8,600 million by 2030. The Asia Pacific region recorded the highest revenue in 2021, with USD 2,600 million, projected to reach USD 3,800 million by 2027. Specifically, China is expected to generate the highest revenue in this region, reaching USD 2,700 million by 2027, up from USD 1,800 million in 2021.
In Europe, the hardwood segment is anticipated to generate the most revenue, with USD 2,700 million by 2030, an increase from USD 2,200 million in 2020. Sweden's softwood segment led the market in 2021 with USD 650 million, expected to reach USD 780 million by 2027. Similarly, Russia's softwood segment is projected to generate USD 570 million by 2027, up from USD 440 million in 2020.
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Europe is expected to dominate the global wood shavings market, attributed to the abundant supply of raw materials and numerous wood shaving companies. The awareness of wood shavings' diverse applications, such as home heating and furniture, is expected to drive demand in the region throughout the forecast period.
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ:
The report aims to provide a comprehensive landscape analysis of the Wood Shavings Market, including competitive benchmarking, historical and current market status, and future market size and trends. It evaluates potential key players, technology trends, and the impact of micro-economic factors on the market. The analysis of external and internal factors affecting the market structure helps project the Wood Shavings Market size. The report includes a clear representation of the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence, serving as an investor's guide.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ฌ๐ฎ๐๐ฅ ๐๐๐ญ๐ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/73994/
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
Of all of these categories, softwoods brought in the most amount of money in 2023 ($6500 million), and by the end of 2030, it is predicted to reach $8600 million. With revenue of USD 2600 million in 2021, the Asia Pacific segment led the market; by 2027, revenue is predicted to reach USD 3800 million. Rising from USD 1800 million in 2021 to USD 2700 million by the end of 2027, the Chinese category is predicted to yield the largest revenue.
โฆ ๐๐ฒ ๐ ๐ฅ๐๐ค๐๐ฌ
Small
Medium
Large
โฆ ๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
Pine
Timber
Spruce Scr
Douglas fir
Others (cedar)
โฆ ๐๐ฒ ๐๐ข๐ณ๐
Fine
Large
Extra-Large
โฆ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Softwood
Hardwood
Others
โฆ ๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Online
Offline
The hardwood market in Europe is predicted to bring in the most money by the end of 2030, with sales estimated to reach USD 2700 million, up from USD 2200 million in 2020. With USD 650 million in revenue in 2021, the softwood industry in Sweden is predicted to reach USD 780 million by the end of 2027. In a similar vein, Russia's softwood market is predicted to bring in the most money by the end of 2027, up from USD 440 million in 2020.
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐:
โข ๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐: United States, Canada, Mexico
โข ๐๐ฎ๐ซ๐จ๐ฉ๐: UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia, Rest of Europe
โข ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐: China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC
โข ๐๐ข๐๐๐ฅ๐ ๐๐๐ฌ๐ญ ๐๐ง๐ ๐๐๐ซ๐ข๐๐: South Africa, GCC, Egypt, Nigeria, Rest of ME&A
โข ๐๐จ๐ฎ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐: Brazil, Argentina, Colombia, Rest of South America
๐๐จ๐จ๐ ๐๐ก๐๐ฏ๐ข๐ง๐ ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Champion Shavings Corporation
2. Denbow
3. Frank Lareau Inc.
4. McFeeters Enterprises Inc.
5. Guardian Horse Bedding
6. JTS Animal Bedding
7. LANGEBEC
8. Ouellet Wood Shavings
9. So.Le. Est
10. Royal Wood Shavings
11. Strathcona Ventures
12. SUNCOAST Pine Shavings Bedding
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐ฎ๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/market-report/wood-shavings-market/73994/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:
o ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: A brief summary of the Wood Shavings Market.
o ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐: The objectives and limitations of the Wood Shavings Market report.
o ๐๐๐ซ๐ค๐๐ญ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: A comprehensive examination of the Wood Shavings Market environment.
o ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐: A current evaluation of the Wood Shavings Market's size.
o ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฒ ๐๐ฒ๐ฉ๐: A categorization of the Wood Shavings Market based on types.
o ๐ ๐ข๐ฏ๐ ๐ ๐จ๐ซ๐๐๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: An analysis of competitive forces within the market.
o ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Insights into the demographics and behaviours of customers.
o ๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: An assessment of the market across different regions.
o ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐ซ๐๐ฆ๐๐ฐ๐จ๐ซ๐ค: Tools and criteria for making market decisions.
o ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ: Factors that promote growth and present challenges.
o ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ: Current trends influencing the Wood Shavings Market.
o ๐๐๐ง๐๐จ๐ซ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐: An overview of prominent vendors in the Wood Shavings Market.
o ๐๐๐ง๐๐จ๐ซ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: A detailed examination of major vendors.
๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
1. What constitutes Wood Shavings Derivatives?
2. How is the Wood Shavings Market currently growing?
3. Who are the major participants in the Wood Shavings Market?
4. What elements are driving growth in the Wood Shavings Market?
5. Which company or entity has the largest share of the Wood Shavings Market?
6. How is demand shaping up for the Wood Shavings Market?
7. What are the significant trends in the Wood Shavings Market?
8. What tactics are competitors employing in the Wood Shavings Market?
9. What are the growth opportunities in developing regions for the Wood Shavings Market?
10. Which segment is anticipated to grow the quickest, and what are the reasons?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Historical Market Size and Competitive Landscape (2019-2022): Analysis of market size and competitive dynamics over the past years.
โข Historical Pricing and Price Trends by Region (2019-2023): Examination of past pricing patterns and trends across different regions.
โข Market Size, Share, and Forecast by Segment (2023-2030): Projections of market size, share, and segmentation for the upcoming years.
โข Market Dynamics: Insight into growth drivers, restraints, opportunities, and key trends by region.
โข Market Segmentation: Comprehensive analysis segmented by product, end-user, distribution channel, and region.
โข Competitive Landscape: Detailed profiles of key regional players with strategic insights.
โข Competitive Landscape - Market Leaders, Market Followers, Regional Players: Overview of market leaders, followers, and regional participants.
โข Competitive Benchmarking of Key Players by Region: Comparative analysis of major players across different regions.
โข PESTLE Analysis: Evaluation of political, economic, social, technological, legal, and environmental factors affecting the market.
โข PORTER's Five Forces Analysis: Assessment of competitive forces shaping the market.
โข Value Chain and Supply Chain Analysis: In-depth look at the market's value and supply chains.
โข Legal Aspects of Business by Region: Exploration of legal factors influencing business operations in various regions.
โข Lucrative Business Opportunities with SWOT Analysis: Identification of profitable business opportunities through SWOT analysis.
โข Recommendations: Strategic suggestions based on market analysis.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
1. Torsional Vibration Dampers Market https://www.maximizemarketresearch.com/market-report/global-torsional-vibration-dampers-market/111718/
2. Tofu Market https://www.maximizemarketresearch.com/market-report/global-tofu-market/111769/
3. Tissue Paper Market https://www.maximizemarketresearch.com/market-report/global-tissue-paper-market/44973/
4. Tire Curing Press Market https://www.maximizemarketresearch.com/market-report/global-tire-curing-press-market/83733/
5. Thin Wall Packaging Market https://www.maximizemarketresearch.com/market-report/global-thin-wall-packaging-market/26178/
6. Thin Film Printed Battery Market https://www.maximizemarketresearch.com/market-report/global-thin-film-printed-battery-market/8431/
7. Thermosets Market https://www.maximizemarketresearch.com/market-report/global-thermosets-market/72537/
8. Thermoplastic Polyamide Elastomers Market https://www.maximizemarketresearch.com/market-report/global-thermoplastic-polyamide-elastomers-market/63595/
9. Textile Felt Market https://www.maximizemarketresearch.com/market-report/global-textile-felt-market/111170/
10. Tennis Overgrip Market https://www.maximizemarketresearch.com/market-report/global-tennis-overgrip-market/69705/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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