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Wood Shavings Market Global Industry Analysis and Forecast (2024-2030)

Wood Shavings Market

Wood Shavings Market

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ญ ๐ญ๐จ ๐‘๐ž๐š๐œ๐ก ๐”๐’๐ƒ ๐Ÿ‘.๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ, ๐ƒ๐ซ๐ข๐ฏ๐ž๐ง ๐›๐ฒ ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž, ๐๐š๐œ๐ค๐š๐ ๐ข๐ง๐ , ๐š๐ง๐ ๐๐ž๐๐๐ข๐ง๐  ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ

The global wood shavings market is experiencing significant growth, with a projected CAGR of 4.2% during the forecast period from 2024 to 2030. The market is expected to reach USD 3.8 billion by 2030, driven by the increasing demand for wood shavings in various applications, including animal bedding, agriculture, packaging, and as a key raw material in the wood pellet industry.

Wood shavings, which are by-products of wood processing, have a wide range of applications due to their versatility, absorbent properties, and eco-friendly nature. As a result, the demand for wood shavings is witnessing rapid expansion in both developed and emerging markets.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐: https://www.maximizemarketresearch.com/request-sample/73994/

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ

The demand for wood shavings has been propelled by the growing awareness of eco-friendly products, as well as the increasing use of natural materials in packaging, bedding, and agriculture. Additionally, wood shavings are an essential component in the growing wood pellet industry, where they are used for bioenergy production.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

Agricultural Uses: Wood shavings are extensively used in farming, particularly for animal bedding, as they provide a clean and absorbent surface for livestock.
Eco-Friendly Packaging: The growing demand for sustainable packaging solutions is driving the use of wood shavings in packaging materials, where they serve as a biodegradable, protective packaging medium.
Increase in Bioenergy Production: Wood shavings are increasingly used in bioenergy plants, especially in pellet form, where they are a vital feedstock for producing renewable energy.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's wood shavings market is expected to witness a robust growth rate, with a CAGR of 5.1% between 2024 and 2030, as the country's wood processing and bioenergy industries continue to expand.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ:

Growing Livestock Industry: Vietnam's rapidly expanding livestock and poultry sectors are creating substantial demand for wood shavings used in animal bedding.
Bioenergy Production: Vietnam's increasing reliance on renewable energy, especially in the form of wood pellets, is expected to drive up demand for wood shavings as a biomass resource.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ:

Viet Forest Products, a key player in Vietnam's wood products industry, has expanded its production facilities to include more sustainable wood-based products, including wood shavings for use in bioenergy production.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's wood shavings market is experiencing steady growth, with an expected CAGR of 4.5% from 2024 to 2030. The demand for wood shavings in Thailand is driven by the increasing need for animal bedding and the expanding bioenergy sector.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

Sustainable Agricultural Practices: The rising adoption of eco-friendly practices in agriculture and animal husbandry is fostering growth in the demand for wood shavings as bedding material.
Bioenergy Focus: The Thai government's push for renewable energy sources is also driving demand for wood shavings, which are used in pelletizing for biomass energy production.

๐Š๐ž๐ฒ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐:

Thai Wood Products, a leading company in the wood product sector, has acquired Pine Wood Solutions, a bioenergy company, to enhance its production of wood shavings and other sustainable wood products.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's wood shavings market is projected to grow at a CAGR of 3.8% during the forecast period. The country's robust demand for eco-friendly materials in agricultural, bedding, and packaging applications is driving this growth.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง:

Animal Bedding Demand: Japan's growing poultry and livestock industries are contributing to the rise in demand for wood shavings as a sustainable and effective bedding material.
Packaging Solutions: The Japanese packaging industry is increasingly turning to wood shavings as an eco-friendly alternative to plastic-based packaging materials.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Sumitomo Forestry has expanded its wood processing facilities in Japan to increase the production of wood shavings and other by-products, in line with the country's push for sustainable forestry and wood-based solutions.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's wood shavings market is anticipated to grow at a CAGR of 4.0% from 2024 to 2030, driven by the increasing use of wood shavings in animal bedding, packaging, and as a bioenergy source.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š:

Bioenergy Sector Growth: South Korea's renewable energy sector is seeing strong growth, and the use of wood shavings as a biomass resource is expected to increase as part of the country's green energy initiatives.
Demand for Eco-friendly Packaging: The increasing shift toward sustainable packaging solutions in South Korea is also likely to drive demand for wood shavings as a biodegradable packing material.

๐Š๐ž๐ฒ ๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š:

๐‹๐† ๐‚๐ก๐ž๐ฆ has acquired a local wood products company, ๐†๐ซ๐ž๐ž๐ง๐ฐ๐จ๐จ๐ ๐‹๐ญ๐., to diversify its portfolio in sustainable wood products and expand into the growing wood shavings market.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐: https://www.maximizemarketresearch.com/request-sample/73994/

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

๐›๐ฒ ๐…๐ฅ๐š๐ค๐ž๐ฌ

Small
Medium
Large

With USD 6500 million in 2023, the softwood segment was the most profitable of them, and by the end of 2030, it is predicted to reach USD 8600 million. With its maximum income of USD 2600 million in 2021, the Asia Pacific segment is predicted to reach USD 3800 million by the end of 2027. The category in China is anticipated to provide the largest revenue by the end of 2027, with USD 2700 million, up from USD 1800 million in 2021.

๐›๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ

Pine
Timber
Spruce
Douglas fir
Others (cedar)

๐›๐ฒ ๐’๐ข๐ณ๐ž

Fine
Large
Extra-Large

๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž

Softwood
Hardwood
Others

๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ

Online
Offline

The hardwood category in Europe is predicted to provide the most income by the end of 2030, with USD 2700 million, up from USD 2200 million in 2020. With a revenue of USD 650 million in 2021, Sweden's softwood industry is predicted to create USD 780 million by the end of 2027. Similarly, it is anticipated that Russia's softwood segment would increase from USD 440 million in 2020 to USD 570 million by the end of 2027.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's wood shavings market is expected to grow at a CAGR of 3.7% from 2024 to 2030, driven by a combination of growing demand for eco-friendly agricultural products and the country's push toward more sustainable packaging and bioenergy practices.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

Animal Bedding: Singapore's agricultural and pet care industries are driving demand for wood shavings, as they are widely used for animal bedding due to their absorbent and hypoallergenic properties.
Sustainable Packaging: As Singapore's packaging industry shifts towards sustainable solutions, wood shavings are gaining popularity as a biodegradable, lightweight, and cost-effective packaging material.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐: https://www.maximizemarketresearch.com/request-sample/73994/

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž:

Olam Group, a key player in Singapore's agricultural sector, has launched a new line of sustainable wood-based products, including wood shavings, to support its growing demand for eco-friendly packaging and bedding solutions.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The U.S. wood shavings market remains the largest globally, expected to grow at a CAGR of 3.5% from 2024 to 2030. The country's diverse industries, including agriculture, packaging, and renewable energy, are driving this demand.

๐Š๐ž๐ฒ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”.๐’.:

Agricultural Use: Wood shavings are widely used in the U.S. agricultural industry, particularly for bedding material for livestock and poultry.
Bioenergy Production: With the rise of bioenergy solutions, wood shavings are being utilized as a feedstock for wood pellet production in the U.S.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”.๐’.:

International Paper has made significant investments in sustainable wood product production, including wood shavings, for use in bioenergy and packaging.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/wood-shavings-market/73994/

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Champion Shavings Corporation
2. Denbow
3. Frank Lareau Inc.
4. G. McFeeters Enterprises Inc.
5. Guardian Horse Bedding
6. JTS Animal Bedding
7. LANGEBEC
8. Ouellet Wood Shavings
9. La.So.Le. Est
10. Royal Wood Shavings
11. Strathcona Ventures
12. SUNCOAST Pine Shavings Bedding.

๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's wood shavings market is projected to experience steady growth, with a CAGR of 3.9% during the forecast period. The increasing demand for eco-friendly products in agriculture and packaging, combined with Europe's strong focus on renewable energy, is contributing to this expansion.

๐”๐ฉ๐๐š๐ญ๐ž๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

Green Energy Push: Many European countries, including Germany and France, are heavily investing in bioenergy, which is boosting demand for wood shavings as a biomass resource.
Sustainable Agriculture: The growing trend toward sustainable farming practices in Europe is driving up demand for natural bedding materials like wood shavings.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž:

๐’๐ญ๐จ๐ซ๐š ๐„๐ง๐ฌ๐จ, a global leader in renewable products, has expanded its production of wood shavings in Sweden and Finland to meet the growing demand in the European bioenergy and packaging markets.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐–๐จ๐จ๐ ๐’๐ก๐š๐ฏ๐ข๐ง๐ ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Groupe Papeteries de Genval, a European paper manufacturer, has announced plans to increase production of wood-based products, including wood shavings, for the agricultural and bioenergy sectors.
S. Wood Products has launched a new line of eco-friendly wood shavings for use in animal bedding and sustainable packaging, aiming to capture growing demand in the agriculture and packaging industries.
European Wood Shavings Inc., a leading producer, has invested in sustainable production facilities in Germany to expand its supply of wood shavings for use in renewable energy and packaging applications.

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

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๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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