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Global Forestry and Logging Market Growth: Market Size, CAGR, Key Drivers and Trends
Forestry And Logging Market Size
What Is The Projected Market Size Of The Global Forestry And Logging Market And Its Growth Rate?
• The forestry and logging market size has grown from $1166.47 billion in 2024 to $1265.2 billion in 2025 at a CAGR of 8.5%.
• The market size is projected to further grow to $1751.39 billion in 2029 at a CAGR of 8.5%.
• The growth in the historic period is attributed to growth in residential construction activity, demand for tissue and paper products, and economic growth.
• The growth in the forecast period can be attributed to increasing construction of wooden buildings, adoption of automated forestry management, increasing use of biomass and increased demand for wooden furniture.
What Is Driving The Growth In The Forestry And Logging Market?
Wood usage as a building material is seeing an increasing due to several advantages of wooden over concrete buildings. This is contributing to the growth of the forestry and logging market. The construction industry is the cause of about 25% of the greenhouse gases emissions. Therefore, there's a shift towards green building construction, which is expected to reduce CO2 emissions and store carbon. Building with wood results in less waste and offers quicker construction when compared with concrete buildings. The growth of the forestry and logging market can also be attributed to these factors.
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Who Are the Key Players Driving Forestry And Logging Market Growth?
• Weyerhaeuser Company
• China Forestry Group Corporation
• Rayonier Inc.
• PotlatchDeltic Corporation
• Forestry Corporation of NSW
• Washington State Department of Natural Resources
• Jilin Forest Industry Co., Ltd.
• Tilhill Forestry
• Pope Resources, A Delaware Limited Partnership
• CatchMark Timber Trust, Inc.
• HVP Plantations
What Are The Key Trends In The Forestry And Logging Market?
• Focus on reforestation
• Incorporating new and improved techniques in harvesting logs
• Using big data to detect the best time for logging and transport
• Involvement of drones for forest management
What Are The Segments Of The Global Forestry And Logging Market?
• By Type: Logging, Timber Tract Operations, Forest Nurseries And Gathering Of Forest Products
• By Offering: Hardware, Software, Services
• By Application: Construction, Industrial Goods, Other Applications
Which Region Leads The Forestry And Logging Market?
Asia-Pacific was the largest region in the forestry and logging market in 2024 followed by North America. The regions covered in the forestry and logging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Forestry And Logging Market Global Market Report?
- Market Size Analysis: Analyze the Forestry And Logging Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Forestry And Logging Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Forestry And Logging Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Forestry And Logging Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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