Press release
Leading Growth Driver in the Wood Bio-Products Market in 2025: Rising Demand For Furniture And Flooring Boosts Wood Bio-Products Market Growth Driver's Influence
Wood Bio Products Market Size
The rise in demand for home furnishings and flooring products is anticipated to boost the wood bio-products market's expansion. Items within this category include internal fixtures such as chairs, tables and sofas, and flooring materials, including hardwood, laminate and carpet. These elements add not only aesthetic value but also serve functional purposes within a space. Utilizing wood bio-products for these applications promotes environmentally-conscious alternatives over traditional options and also ensures a natural and visually appealing finish. For example, data from the U.S. Census Bureau in August 2023 indicates a rise in retail sales for home furniture and furnishings solutions, climbing from $11.73 billion in January 2021 to $12.53 billion in January 2023. Thus, the increasing popularity of furniture and flooring products is powering the wood bio-products market's growth. In the realm of construction, the escalating use of wood-bio products also promises to spur the wood-bio products market's growth. The construction sector involves combining various elements to construct structures for specific locations through detailed design and planning. Wood bio-products provide environmentally-friendly and versatile alternatives to conventional construction materials, steering the industry towards eco-friendly and energy-efficient architectural practices. For example, the Biomass Magazine reported in July 2022 that the European Union predicts exporting 2.25 million metric tons of wood pellets in 2022, marking an increase from 2.21 million metric tons in 2021. Therefore, the rise in the use of wood-bio products in construction projects serves as a major driver for the wood-bio products market's expansion.
Get Your Wood Bio-Products Market Report Here:
https://www.thebusinessresearchcompany.com/report/wood-bio-products-global-market-report
What is the projected compound annual growth rate (CAGR) of the wood bio-products market from 2025 to 2034, and what factors influence it?
In the last few years, the wood bio-products market has seen considerable growth. An increase from $279.96 billion in 2024 to $305.26 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%, is expected. The previous rapid expansion is linked to the rising demand for sustainable and eco-friendly products, government-backed initiatives for wood bio-product development, a growing understanding of the environmental advantages of using processed wood products, and increased research and development activities.
In the upcoming years, the market size for wood bio-products is projected to witness substantial growth. It is expected to escalate to a valuation of $430.15 billion by 2029, experiencing a compound annual growth rate (CAGR) of 9.0%. This surge in the forecast period is chiefly due to the escalating requirement for furniture and flooring products, geographical proliferation, increasing financial inflow in the wood bio-products sector, and heightened environmental consciousness. Prominent market trends in the forecast period encompass advanced technological adaptations in wood conversion, progress in biorefineries, technological innovation, cooperative efforts and partnerships, and initiatives towards sustainability.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12877&type=smp
How are the latest trends influencing the growth of the wood bio-products market?
Major firms in the wood bio-products market are emphasizing on the creation of innovative Lignin-based materials. This is to minimize environmental damage, cut down waste and cater to the growing need for eco-friendly packaging options. In June 2024, Lignin Industries AB, a green technology firm based in Sweden, introduced Renol. This product provides a renewable substitute to plastics derived from fossil fuels and is adaptable for industrial uses like ABS, PE, and PP. It caters to various industries ranging from automotive to consumer electronics. Renol, which took five years to develop, can be produced on a large scale using less resources and reduces CO2 emissions. Produced in Sweden, it fulfils the industry's requirement for sustainable and high-performance materials.
What are the major segments of the wood bio-products market and their role in driving growth?
The wood bio-products market covered in this report is segmented -
1) By Product Type: Biofuels, Bioplastics, Biochemicals, Biocomposites, Pulp And Papers
2) By Distribution Channel: Offline, Online
3) By Application: Energy, Packaging, Construction, Automotive, Chemicals
4) By End Use Industry: Residential, Commercial, Industrial, Infrastructure, Other End Use Industries
Subsegments:
1) By Biofuels: Wood Pellets, Liquid Biofuels, Biomethane
2) By Bioplastics: Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch-Based Bioplastics
3) By Biochemicals: Lignin-Based Chemicals, Cellulose Derivatives, Bio-based Solvents
4) By Biocomposites: Wood Plastic Composites (WPC), Natural Fiber Composites
5) By Pulp and Papers: Kraft Pulp, Mechanical Pulp, Recycled Paper Products
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12877
Asia-Pacific was the largest region in the wood bio-products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in wood bio-products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the key firms paving the way for growth in the wood bio-products market?
Major companies operating in the wood bio-products market are Stora Enso Oyj, UPM-Kymmene Oyj, Weyerhaeuser Company, West Fraser Timber Co. Ltd., Suzano S.A., UFP Industries Inc., Drax Group PLC, Georgia-Pacific LLC, Mondi Group, Sappi Limited, Canfor Corporation, Arauco Wood Products Inc., JELD-WEN Holding Inc., Domtar Corporation, BillerudKorsnäs AB, Metsä Group, Ekman & Co AB, Holmen AB, Kruger Inc., Enviva Partners LP, Södra Skogsägarna ekonomisk förening, Borregaard ASA, HS Timber Group GmbH, Verdo Renewables Ltd., Bio Diversity LLC.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=12877&type=smp
What Is Covered In The Wood Bio-Products Global Market Report?
•Market Size Forecast: Examine the wood bio-products market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the wood bio-products market for a structured understanding.
•Key Players Overview: Analyze major players in the wood bio-products market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the wood bio-products market.
•Segment Contributions: Evaluate how different segments drive overall growth in the wood bio-products market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the wood bio-products market.
•Industry Challenges: Identify potential risks and obstacles affecting the wood bio-products market.
•Competitive Landscape: Review strategic developments in the wood bio-products market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Leading Growth Driver in the Wood Bio-Products Market in 2025: Rising Demand For Furniture And Flooring Boosts Wood Bio-Products Market Growth Driver's Influence here
News-ID: 3920098 • Views: …
More Releases from The Business Research Company
Next-Gen Biometric Authentication Market Size Forecasted To Achieve $25.99 Billi …
The Next-Gen Biometric Authentication Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Next-Gen Biometric Authentication Market Size and Projected Growth Rate?
The market size for next-generation biometric authentication has seen an impressive increase in recent times. The market is projected to expand from…
Rising Cases Of Premature Births Driving Growth In The Market Due To Increasing …
The Necrotizing Enterocolitis Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Necrotizing Enterocolitis Market Size and Its Estimated Growth Rate?
The market for necrotizing enterocolitis has seen a robust expansion in recent years. Projected to escalate from $4.83 billion in 2024 to…
Multi-Axis Force Torque Sensor Market Forecast 2025-2034: Comprehensive Analysis …
The Multi-Axis Force Torque Sensor Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Multi-Axis Force Torque Sensor Market?
In recent times, the market size for the multi-axis force torque sensor has shown substantial growth. It is projected to expand…
Evolving Market Trends In The Metal Power Transmission Chain Industry: Innovativ …
The Metal Power Transmission Chain Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Metal Power Transmission Chain Market Size During the Forecast Period?
Recent years have seen a robust growth in the size of the metal power transmission chain market. Expected to…
More Releases for Bio
Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …
Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary…
IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included …
A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the…
Global Bioplastics (Bio-plastics,Bio plastics) Market 2018 - Braskem, BASF
Apex Market Reports, recently published a detailed market research study focused on the “Bioplastics (Bio-plastics,Bio plastics) Market” across the global, regional and country level. The report provides 360° analysis of “Bioplastics (Bio-plastics,Bio plastics) Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Bioplastics…
Worldwide Bio-Electronics Market 2025 – Global Analysis and Forecasts by Type …
Bio-Electronics is defined as the electronic devices used for bio-medical purposes, and helps in creating and evaluating the new technologies for better understanding of biological systems. The increasing demand of bio-electronics to meet the overwhelming need in healthcare industry will boost the bio-electronics market in forecast period. Furthermore, the growth in research of implantable devices for developing robust and reliable implantable medical devices will increase the demand of bio-electronics in…
Bio Electronics and Bio Sensors Market Forecasts, 2017-2025
Description:
The global bio electronic market is valued USD $15 billion in 2016 and is expected to grow at a CAGR of 11.6% during the forecast period 2017-2025. The market is driven by various factors such as rapid advancement in semiconductor technology, high demand in implantable medical devices, increasing prevalence of neural and cardiac diseases among others. The emerging healthcare technologies such as lab on chip, ambulatory surgical centres, and personalized devices are…
