Global Wood Products Market Report 2021: The Market is Expected
Dublin, April 01, 2021 (GLOBE NEWSWIRE) – The report “Wood Products Global Market Report 2021: COVID-19 Impact and Recovery to 2030” has been added to ResearchAndMarkets.com offer.
The global wood products market is expected to grow from $ 624.22 billion in 2020 to $ 666.43 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%.
The Global Wood Products Market 2021: Impact and Recovery of COVID-19 to 2030 report provides strategists, marketers and senior management with the essential information they need to assess the global product market. wood coming out of the COVID-19 closure.
Major companies in the wood products market include Georgia-Pacific Corporation; Weyerhaeuser Company; West Fraser Timber Co Ltd; Andersen Corporation and Celulosa Arauco y Constitucion.
The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $ 866. 23 billion in 2025 at a CAGR of 7%.
Asia-Pacific was the largest region in the world market for wood products, accounting for 39% of the market in 2020. North America was the second largest region with 27% of the world market for wood products. Africa was the smallest region in the world market for wood products.
The growing demand for supply chain transparency and strict government regulations on the timber industry have led to the implementation of tracking and traceability technologies. Many timber companies have set up their own tracking systems to maintain transparency in their timber supply chain.
Electronic tracking is adopted by lumber companies and government agencies over paper-based systems and technologies such as radio frequency identification chips, bar codes and advanced tracking software.
For example, the Forest Stewardship Council, a leading non-profit organization, has developed an online complaints platform to provide free timely information about FSC products and the companies that produce them to FSC certificate holders. . This enables a digital connection between FSC certified suppliers and customers.
Faster Economic Growth – The wood products manufacturing market is expected to benefit from the steady economic growth expected for many developed and developing countries. The International Monetary Fund (IMF) predicts that global GDP growth will be 3.3% in 2020 and 3.4% in 2021. The recovery in commodity prices, after falling during the historic period, is expected furthermore be an important factor of economic dynamism. growth.
The US economy is expected to register stable growth over the forecast period. In addition, emerging markets are expected to continue to grow slightly faster than developed markets during the forecast period. Greater economic growth is likely to boost public and private investment, joint ventures, foreign direct investment in end-user markets, thereby dragging the market over the forecast period.
Main topics covered:
2. Structure of the report
3. Characteristics of the wood products market
3.1. Market definition
3.2. Key segmentation
4. Product analysis of the wood products market
4.1. Leading products / services
4.2. Main characteristics and differentiators
4.3. Development products
5. Wood products market supply chain
5.1. Supply Chain
5.3. End customers
6. Information on customers in the wood products market
6.1. Customer Preferences
6.2. End-use market size and growth
7. Trends and strategies in the wood products market
8. Impact of COVID-19 on wood products
9. Size and growth of the wood products market
9.1. Market size
9.2. Historical market growth, value (in billions of dollars)
9.2.1. Market drivers
9.2.2. Market constraints
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market drivers
9.3.2. Market constraints
10. Regional Analysis of Wood Products Market
10.1. Global Wood Products Market, 2020, by Region, Value (USD Billion)
10.2. Global wood products market, 2015-2020, 2020-2025F, 2030F, historical and forecast, by region
10.3. Global Wood Products Market, Growth and Market Share Comparison, By Region
11. Market segmentation of wood products
11.1. Global wood products market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion
- Finished wood products
- Wood treatment
- Manufactured wood materials
11.2. Global Wood Products Market, Segmentation by Application, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
11.3. Global wood products market, segmentation, history and forecast, 2015-2020, 2020-2025F, 2030F, billion dollars
12. Market segments for wood products
12.1. Global Finished Wood Products Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Carpentry; Wooden pallets and skids; Prefabricated house; Other finished wood products
12.2. Global Wood Processing Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Sawmills; Wood preservation
12.3. Global Manufactured Wood Materials Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Reconstituted Wood; Plywood; Veneer sheets
13. Market parameters for wood products
13.1. Wood products market size, percentage of GDP, 2015-2025, global
13.2. Average per capita wood products market expenditure, 2015-2025, global
- Georgia-Pacific Corporation
- Weyerhaeuser Company
- West Fraser Timber Co Ltd
- Andersen Company
- Celulosa Arauco y Constitucion
For more information on this report, visit https://www.researchandmarkets.com/r/e2h02s