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Timber Plants Market Overview

Timber Plants Market Size Was Valued at USD 4.8 Billion in 2023, and is Projected to Reach 6.82 USD Billion by 2032, Growing at a CAGR of 6.1 % From 2024-2032.

Timber plants are usually medium or large trees that have been cut down to extract the wood. This material will be utilized for a variety of tasks, including building, paper, and so on. Soft, semi-hard, and hardwood trees are the three types of timber trees. More than 100,000 timber species with wood in their trunk and branches are known today, however, it is predicted that only 500 of these species are marketable. Furthermore, the majority of the wood derived from these trees is used in nations other than their original ones. This is supervised by the Flora and Fauna International Trade Code and covers wood species suitable for commercialization and export. Even though the labor areas for acquiring the wood are so large, numerous species are already at risk of extinction. Plants, in addition to being used to harvest wood or for building, may have additional uses such as medicinal. Furthermore, timber plants are one of the most cost-effective materials for the construction of low-rise commercial structures. Policy measures that promote better sustainability and lower costs are playing an important role in this timber-based commercial construction boom. According to the Wood Products Council, almost 600 wooden commercial buildings were completed or planned in the United States as of the end of 2019. Furthermore, height limitations on timber buildings have recently been relaxed in British Columbia and Oregon. There are several applications for lumber in industrial facilities, with packing being the most common. Timber is used to make boards, which are then combined into boxes for shipping. Therefore, the market for timber plants is expected to grow at a significant growth rate during the forecast period. 

Market Dynamics and Factors of Timber Plants Market

Drivers:

Growth In Reconstruction, Renovation, And Remodeling of Old Buildings

With increased urbanization, there is a greater need for towns to make better use of their existing land. Old infrastructure is being dismantled to make way for newer, more contemporary buildings. Furthermore, numerous historic buildings and structures have reached the end of their useful life and are no longer safe to inhabit. As a result, the owner or the government demolishes the building to construct a new one. Furthermore, there has been a tendency to rebuild or modify existing houses using sophisticated technologies to improve the aesthetics of the structures. These home or building renovations and remodels necessitate the usage of engineered wood for floors, walls, and roofing. In Singapore, for example, a 5,400-home redevelopment project received clearance to begin renovation activities in June 2020. All of these rebuilding, refurbishment and remodeling efforts take place mostly in developed countries such as the United States, Germany, and the United Kingdom.

Growing application of Cross Laminated Timber (CLT) As Construction Material

Cross Laminates Timber (CLT) is a type of engineered wood panel that is made up of three, five, or seven layers of dimensional timber. Kiln-dried boards are bonded together after being piled perpendicularly. Dimensional stability, strength, and stiffness are all provided by this cross lamination. CLT-based panels have numerous advantages over traditional wood materials and are now widely used in the United States, Canada, and Europe. One of the most important aspects of CLT is that most manufacturers employ formaldehyde-free interior/exterior polyurethane (PUR) adhesives. Face-glued boards are pressed, planed, and sanded into panels. The panels may be custom produced using Computer Numerical Control (CNC) technology to provide apertures, compound angles, and unique features that need complicated geometry to fulfill specific end-use applications. In addition, when compared to certain concrete, masonry, and steel building types, the estimated cost of a US-built CLT structure was found to be especially competitive for mid-rise residential (15 percent less), mid-rise non-residential (15-50 percent less), low-rise educational (15-50 percent less), low-rise commercial (25 percent less), and one-story industrial buildings (10 percent less). Furthermore, because CLT panels burn slowly, their thick cross-section provides considerable fire protection. Char, once created, safeguards the wood against further deterioration. CLT assembly also features fewer hidden areas, which minimizes the likelihood of a fire spreading unnoticed. Furthermore, when utilized for internal walls, CLT provides improved compartmentalization.

Restraints:

Increase In Threat of Alternatives

The major restraints in the timber plants market are the threat of alternatives that offers similar functionality to timber products such as plastic laminates and foils. These substitutes are probably to escalate the threat to timber plants. The non-wood flooring sector is also reaching popularity due to the non-changeable nature of ceramic flooring. Therefore, substitute products such as vinyl flooring are in demand. Raw materials utilized to produce composite wood are also less available owing to stringent regulations on the cutting of trees, which leads to an increase in the price of timber products. This eventually leads to choosing cheaper substitute material, which is the major factor that hampers the growth of the market for the timber plants during the forecast period.

Growth In Global Trade War

The trade war between the United States and China has had an influence on the manufacture and sales of timber plants all over the world. The increasing levies on imported goods from any country have raised the prices of wood plant products. Furthermore, in 2018, the United States exported around $9 billion in lumber and logs to China, which are used to make finished wood goods. These items are then shipped all around the world, with the United States being one of the largest importers. However, the trade war resulted in an increase in levies and taxes such as import charges, which increased the prices of raw materials as well as completed items. Furthermore, the increase in pricing has impacted the market for timber plants. Instead, end customers are electing to choose less expensive alternative materials. As a result, the global trade war is projected to stifle development in the timber plants market.

Opportunities:

Growing Potential of Smart Furniture

The future of the furniture industry is smart furniture. Furniture is no longer merely wooden items that sit in the home; contemporary furniture is significantly more complex and can conduct a variety of tasks. Sofa sets, for example, are fitted with USB charging connections, allowing smart gadgets to be charged. Touch lighting furniture, which lights up with a single touch, has also been launched to the market. The home desk includes integrated desktop USB access, allowing the user to attach any USB device with ease. More inventive furniture like this is expected to be released to the market as technology advances. Smart furniture is expensive, but it is worthwhile to invest in it. They are not only visually appealing, but they also make life a lot easier. Key manufactures such as IKEA have been selling furniture that charges smartphones for a few years now, but it's still amazing. Wireless charging pads built inside tables, desktops, drawers, and lights will charge the smartphone without customers having to think about it. Much of the furniture may also be customized. Customers may select how many charging stations to install, allowing them to be placed in more public settings such as the living room or on a bedside table.

Market Segmentation

Segmentation Analysis of Timber Plants Market:

Based on the type, cross-laminated timber (CLT) is expected to dominate the timber plants market during the forecast period. CLT-based panels have significant benefits over traditional wood products and are now widely used in the United States, Canada, and Europe. Airborne and impact sound transmission are well controlled by CLT building systems. Because builders utilize sealant and other types of membranes to create air tightness and increase sound insulation at the interfaces between the floor and wall plates, CLT construction systems give extra acoustic benefits.

Based on the application, the residential building segment is expected to hold the maximum timber plants market share over the forecast period. All types of timbers are rapidly used in various applications in the residential sector. Timber is majorly utilized for the extensive range of applications from doors, roofs, columns, beams, furniture, walls, flooring, cabinets, and staircases, among others. In addition, timber is used in the production of furniture such as tables, chairs, sofa sets, cabinets, and wardrobes, is considered under this segment. The installation of wooden flooring is done while new reconstruction, construction, and renovation of buildings.

Regional Analysis for the Timber Plants Market:

Europe region is expected to dominate the timber plants market during the forecast period. The German economy is the highest in Europe and the fourth-largest in the globe. In 2019, the German economy grew by around 0.6%, which was its weakest growth rate in the last six years. The economic growth of the country is influenced by various factors, such as trade tensions leading to declined exports and tariff disputes triggered by the US government, and majorly owing to the COVID-19 virus outbreak. Construction accounts for ~11% of total industrial production output. The demand for timber for construction utilization is going to be turned by the solid performing construction sector. German construction companies are benefiting from growing demand for real estate, increased investments in buildings, and higher state spending on infrastructure. The improvement in construction has been motivated by the European Central Bank's ultra-low interest rates, a rising urban population, and high colonization over the past five years. The sector is also helping to propel the overall economic growth.

North America region is expected to witness a significant growth rate for the timber plants market during the forecast period. North America region is the second-highest contributor for the types such as engineering timber construction with $53.21 million in 2020 and is expected to gain $71.74 million by 2027. The building and construction sector is the backbone of the Mexican economy. Over the last five decades, Mexico has urbanized faster than the majority of OECD (Organization for Economic Co-operation and Development) countries. The growing urbanization and public income levels are accelerating the furniture sales and demand for construction in the country, which grew further in 2019. The Mexican commercial sector continues to receive strong capital investments, both from the foreign and domestic sectors, thereby, driving new construction, which, in turn, is expected to increase the consumption of engineered woods products in the coming years.

The Asia Pacific was the highest contributor only for the sawmill type in the timber plants market with $18.87 million in 2020 and is expected to reach $25.33 million by 2027. In the region, China has been majorly turned by the adequate developments in the residential and commercial construction sectors and supported by the growing economy. In China, the housing authorities of Hong Kong introduced various measures to push-start the construction of low-cost housing. The officials aim to provide 301,000 public housing units by 2030. In addition, as the standard of living continues to improve in China, people are becoming increasingly willing to invest in home decor. The growing purchasing power of the consumer has driven the furniture market's growth.

Players Covered in Timber Plants Market are:

COVID-19 Impact on Timber Plants Market

The COVID-19 crisis has influenced the timber industry by changing consumer and producer behavior and endangering the health of timber industry personnel. These consequences have been felt by timber landowners, timber harvesting and hauling enterprises, timber processors and manufacturers, distributors, retailers, and consumers. The pandemic's effects on the timber sector have varied depending on geographical disparities in the industry, shifting demand for various wood-based goods, and the intensity and timing of the pandemic's supply chain consequences. The effects on the wood industry have been unevenly distributed across sectors and regions, and have changed over time as the epidemic has advanced. Some industries have seen minimal overall changes; for example, the pulp and paper industry's overall pricing in 2020 is comparable to those in 2019. However, supply shortages or unusually high prices have occurred in several wood industry sectors, including lumber and consumer tissue, as consumers and producers attempt to predict and respond to the pandemic's consequences. In others, such as newsprint and glossy paper, the epidemic has hastened tendencies toward low demand caused by other economic pressures, like print media reductions. Industry pressures have resulted in layoffs, closures, and other consequences. Other impacts have been ephemeral, and some market expectations (such as projections concerning residential development activity) have not come to fruition.

Key Industry Developments In Timber Plants Market

  • In November 2024, Weyerhaeuser Company announced its plan to invest approximately $500 million to build a new, state-of-the-art TimberStrand® facility near Monticello and Warren, Arkansas, expanding the company's engineered wood products (EWP) capacity in the U.S. South. The facility will have an annual production capacity of approximately 10 million cubic feet, which is comparable to the company's existing TimberStrand® facility in Kenora, Ontario. Construction is expected to begin in 2025, with the goal of starting operations in 2027.
  • In March 2024, Timberlab Inc. (Timberlab), a subsidiary of Swinerton Incorporated (Swinerton) and leading national provider of holistic mass timber systems, unveils its plans to construct and operate a state-of-the-art cross-laminated timber (CLT) manufacturing facility in Oregon's mid-Willamette region. This strategic initiative represents a significant milestone in the firm's mission to accelerate the mainstream adoption of mass timber construction across the United States, providing a low-carbon and renewable material for the construction industry.

Timber Plants Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 4.8 Bn.

Forecast Period 2024-32 CAGR:

6.1%

Market Size in 2032:

USD 6.82 Bn.

Segments Covered:

By Type

  • Cross-Laminated Timber (CLT)
  • Engineered Timber Construction
  • Solid Wood Elements
  • Post-Beam
  • Others

By Application

  • Residential Buildings
  • Commercial Buildings
  • Institutional Buildings
  • Industrial Facility
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growth In Reconstruction, Renovation, and Remodeling of Old Buildings

Key Market Restraints:

  • Increase in Threat of Alternatives

Key Opportunities:

  • High Potential of Smart Furniture

Companies Covered in the report:

  • Stora Enso, Binderholz,KLH Massivholz, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica., and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  3.5.1 Drivers
  3.5.2 Restraints
  3.5.3 Opportunities
  3.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 4: Timber Plants Market by Type
 4.1 Timber Plants Market Overview Snapshot and Growth Engine
 4.2 Timber Plants Market Overview
 4.3 Cross-Laminated Timber (CLT)
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Cross-Laminated Timber (CLT): Grographic Segmentation
 4.4 Engineered Timber Construction
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Engineered Timber Construction: Grographic Segmentation
 4.5 Solid Wood Elements
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Solid Wood Elements: Grographic Segmentation
 4.6 Post-Beam
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Post-Beam: Grographic Segmentation
 4.7 Machine Tending
  4.7.1 Introduction and Market Overview
  4.7.2 Historic and Forecasted Market Size (2017-2032F)
  4.7.3 Key Market Trends, Growth Factors and Opportunities
  4.7.4 Machine Tending: Grographic Segmentation
 4.8 Suspended Façade Elements
  4.8.1 Introduction and Market Overview
  4.8.2 Historic and Forecasted Market Size (2017-2032F)
  4.8.3 Key Market Trends, Growth Factors and Opportunities
  4.8.4 Suspended Façade Elements: Grographic Segmentation
 4.9 Sawmill
  4.9.1 Introduction and Market Overview
  4.9.2 Historic and Forecasted Market Size (2017-2032F)
  4.9.3 Key Market Trends, Growth Factors and Opportunities
  4.9.4 Sawmill: Grographic Segmentation

Chapter 5: Timber Plants Market by Application
 5.1 Timber Plants Market Overview Snapshot and Growth Engine
 5.2 Timber Plants Market Overview
 5.3 Residential Buildings
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Residential Buildings: Grographic Segmentation
 5.4 Commercial Buildings
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Commercial Buildings: Grographic Segmentation
 5.5 Institutional Buildings
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Institutional Buildings: Grographic Segmentation
 5.6 Industrial Facility
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2017-2032F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Industrial Facility: Grographic Segmentation
 5.7 Others
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2017-2032F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Others: Grographic Segmentation

Chapter 6: Company Profiles and Competitive Analysis
 6.1 Competitive Landscape
  6.1.1 Competitive Positioning
  6.1.2 Timber Plants Sales and Market Share By Players
  6.1.3 Industry BCG Matrix
  6.1.4 Ansoff Matrix
  6.1.5 Timber Plants Industry Concentration Ratio (CR5 and HHI)
  6.1.6 Top 5 Timber Plants Players Market Share
  6.1.7 Mergers and Acquisitions
  6.1.8 Business Strategies By Top Players
 6.2 STORA ENSO
  6.2.1 Company Overview
  6.2.2 Key Executives
  6.2.3 Company Snapshot
  6.2.4 Operating Business Segments
  6.2.5 Product Portfolio
  6.2.6 Business Performance
  6.2.7 Key Strategic Moves and Recent Developments
  6.2.8 SWOT Analysis
 6.3 BINDERHOLZ
 6.4 KLH MASSIVHOLZ
 6.5 MAYR-MELNHOF HOLZ
 6.6 MHM ABBUND-ZENTRUM
 6.7 HASSLACHER NORICA
 6.8 MERK TIMBER (ZÜBLIN)
 6.9 LIGNOTREND
 6.10 EUGEN DECKER
 6.11 XLAM DOLOMITI
 6.12 HMS BAUSYSTEME
 6.13 W. U. J. DERIX
 6.14 SCHILLIGER HOLZ
 6.15 STRUCTURLAM
 6.16 MOSSER
 6.17 BULLINGER
 6.18 SCHNEIDER
 6.19 PFEIFER HOLZ

Chapter 7: Global Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 7.1 Market Overview
 7.2 Historic and Forecasted Market Size By Type
  7.2.1 Cross-Laminated Timber (CLT)
  7.2.2 Engineered Timber Construction
  7.2.3 Solid Wood Elements
  7.2.4 Post-Beam
  7.2.5 Machine Tending
  7.2.6 Suspended Façade Elements
  7.2.7 Sawmill
 7.3 Historic and Forecasted Market Size By Application
  7.3.1 Residential Buildings
  7.3.2 Commercial Buildings
  7.3.3 Institutional Buildings
  7.3.4 Industrial Facility
  7.3.5 Others

Chapter 8: North America Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 8.1 Key Market Trends, Growth Factors and Opportunities
 8.2 Impact of Covid-19
 8.3 Key Players
 8.4 Key Market Trends, Growth Factors and Opportunities
 8.4 Historic and Forecasted Market Size By Type
  8.4.1 Cross-Laminated Timber (CLT)
  8.4.2 Engineered Timber Construction
  8.4.3 Solid Wood Elements
  8.4.4 Post-Beam
  8.4.5 Machine Tending
  8.4.6 Suspended Façade Elements
  8.4.7 Sawmill
 8.5 Historic and Forecasted Market Size By Application
  8.5.1 Residential Buildings
  8.5.2 Commercial Buildings
  8.5.3 Institutional Buildings
  8.5.4 Industrial Facility
  8.5.5 Others
 8.6 Historic and Forecast Market Size by Country
  8.6.1 U.S.
  8.6.2 Canada
  8.6.3 Mexico

Chapter 9: Europe Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Type
  9.4.1 Cross-Laminated Timber (CLT)
  9.4.2 Engineered Timber Construction
  9.4.3 Solid Wood Elements
  9.4.4 Post-Beam
  9.4.5 Machine Tending
  9.4.6 Suspended Façade Elements
  9.4.7 Sawmill
 9.5 Historic and Forecasted Market Size By Application
  9.5.1 Residential Buildings
  9.5.2 Commercial Buildings
  9.5.3 Institutional Buildings
  9.5.4 Industrial Facility
  9.5.5 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 Germany
  9.6.2 U.K.
  9.6.3 France
  9.6.4 Italy
  9.6.5 Russia
  9.6.6 Spain

Chapter 10: Asia-Pacific Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Cross-Laminated Timber (CLT)
  10.4.2 Engineered Timber Construction
  10.4.3 Solid Wood Elements
  10.4.4 Post-Beam
  10.4.5 Machine Tending
  10.4.6 Suspended Façade Elements
  10.4.7 Sawmill
 10.5 Historic and Forecasted Market Size By Application
  10.5.1 Residential Buildings
  10.5.2 Commercial Buildings
  10.5.3 Institutional Buildings
  10.5.4 Industrial Facility
  10.5.5 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 China
  10.6.2 India
  10.6.3 Japan
  10.6.4 Southeast Asia

Chapter 11: South America Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Cross-Laminated Timber (CLT)
  11.4.2 Engineered Timber Construction
  11.4.3 Solid Wood Elements
  11.4.4 Post-Beam
  11.4.5 Machine Tending
  11.4.6 Suspended Façade Elements
  11.4.7 Sawmill
 11.5 Historic and Forecasted Market Size By Application
  11.5.1 Residential Buildings
  11.5.2 Commercial Buildings
  11.5.3 Institutional Buildings
  11.5.4 Industrial Facility
  11.5.5 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 Brazil
  11.6.2 Argentina

Chapter 12: Middle East & Africa Timber Plants Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Cross-Laminated Timber (CLT)
  12.4.2 Engineered Timber Construction
  12.4.3 Solid Wood Elements
  12.4.4 Post-Beam
  12.4.5 Machine Tending
  12.4.6 Suspended Façade Elements
  12.4.7 Sawmill
 12.5 Historic and Forecasted Market Size By Application
  12.5.1 Residential Buildings
  12.5.2 Commercial Buildings
  12.5.3 Institutional Buildings
  12.5.4 Industrial Facility
  12.5.5 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Saudi Arabia
  12.6.2 South Africa

Chapter 13 Investment Analysis

Chapter 14 Analyst Viewpoint and Conclusion

Timber Plants Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 4.8 Bn.

Forecast Period 2024-32 CAGR:

6.1%

Market Size in 2032:

USD 6.82 Bn.

Segments Covered:

By Type

  • Cross-Laminated Timber (CLT)
  • Engineered Timber Construction
  • Solid Wood Elements
  • Post-Beam
  • Others

By Application

  • Residential Buildings
  • Commercial Buildings
  • Institutional Buildings
  • Industrial Facility
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growth In Reconstruction, Renovation, and Remodeling of Old Buildings

Key Market Restraints:

  • Increase in Threat of Alternatives

Key Opportunities:

  • High Potential of Smart Furniture

Companies Covered in the report:

  • Stora Enso, Binderholz,KLH Massivholz, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica., and Other Major Players
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Frequently Asked Questions :

What would be the forecast period in the Timber Plants Market research report?

The forecast period in the Timber Plants Market research report is 2024-2032.

Who are the key players in Timber Plants Market?

Stora Enso, Binderholz,KLH Massivholz, Mayr-Melnhof Holz, MHM Abbund-Zentrum, Hasslacher Norica, Merk Timber (ZÜBLIN), Lignotrend, Eugen Decker, XLam Dolomiti, HMS Bausysteme, W. u. J. Derix, Schilliger Holz, Structurlam, Mosser, Bullinger, SCHNEIDER, Pfeifer Holz, and Other Major Players.

What are the segments of Timber Plants Market?

Timber Plants Market is segmented into Type, Application, and region. By Type, the market is categorized into Cross-Laminated Timber (CLT), Engineered Timber Construction, Solid Wood Elements, Post-Beam, Others. By Application, the market is categorized into Residential Buildings, Commercial Buildings, Institutional Buildings, Industrial Facility, Others. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Timber Plants Market?

Timber plants are usually medium or large trees that have been cut down to extract the wood. This material will be utilized for a variety of tasks, including building, paper, and so on. Soft, semi-hard, and hardwood trees are the three types of timber trees

How big is Timber Plants Market?

Timber Plants Market Size Was Valued at USD 4.8 Billion in 2023, and is Projected to Reach 6.82 USD Billion by 2032, Growing at a CAGR of 6.1 % From 2024-2032.