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

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐭 𝐭𝐨 𝐑𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟑.𝟖 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐃𝐫𝐢𝐯𝐞𝐧 𝐛𝐲 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐢𝐧 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞, 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐁𝐞𝐝𝐝𝐢𝐧𝐠 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬

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.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/73994/

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐓𝐫𝐞𝐧𝐝𝐬

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.

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

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.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

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.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦:

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

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.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

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.

𝐊𝐞𝐲 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝:

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

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.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧:

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.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

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.

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

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.

𝐊𝐞𝐲 𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚:

𝐋𝐆 𝐂𝐡𝐞𝐦 has acquired a local wood products company, 𝐆𝐫𝐞𝐞𝐧𝐰𝐨𝐨𝐝 𝐋𝐭𝐝., to diversify its portfolio in sustainable wood products and expand into the growing wood shavings market.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/73994/

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐜𝐨𝐩𝐞:

𝐛𝐲 𝐅𝐥𝐚𝐤𝐞𝐬

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.

𝐛𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Pine
Timber
Spruce
Douglas fir
Others (cedar)

𝐛𝐲 𝐒𝐢𝐳𝐞

Fine
Large
Extra-Large

𝐛𝐲 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐓𝐲𝐩𝐞

Softwood
Hardwood
Others

𝐛𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

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.

𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

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.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝: https://www.maximizemarketresearch.com/request-sample/73994/

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞:

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

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.

𝐊𝐞𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒.:

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.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔.𝐒.:

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

𝐅𝐨𝐫 𝐚𝐧 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐜𝐥𝐢𝐜𝐤 𝐭𝐡𝐞 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/wood-shavings-market/73994/

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

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.

𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

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.

𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

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.

𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞:

𝐒𝐭𝐨𝐫𝐚 𝐄𝐧𝐬𝐨, 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.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐨𝐨𝐝 𝐒𝐡𝐚𝐯𝐢𝐧𝐠𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

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.

𝐊𝐞𝐲 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬:

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

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𝐀𝐛𝐨𝐮𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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