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Global Timber & Wood Product Market Size Study, By Type (Engineered Wood, Hardwood, Softwood), By Distribution Channel (Offline, Online), By End-User (Commercial, Industrial, Residential) and Regional Forecasts 2024-2034

Publisher Factview Research
Published Oct 03, 2025
Length 285 Pages
SKU # FAVR20464240

Description

The Global Timber & Wood Product Market was valued at approximately USD 10140 billion in 2024 and is projected to grow at a CAGR of 4.2% from 2024 to 2034. The increasing adoption of sustainable construction materials, rising urbanization, and expanding eCommerce platforms for wood products are key growth drivers shaping the industry's trajectory.

The timber and wood product industry encompasses an extensive range of materials, from raw timber to processed and engineered wood products, fulfilling crucial roles across various applications such as construction, furniture manufacturing, paper production, and industrial packaging. With the global shift toward green buildings and eco-conscious infrastructure development, timber-based products are gaining traction as sustainable alternatives to traditional materials like steel and concrete. Moreover, advancements in engineered wood technology are further enhancing the structural integrity and environmental viability of timber-based solutions, making them suitable for diverse architectural applications.

Market growth is driven by several factors, including the escalating demand for high-performance engineered wood in modern construction, the integration of AI-driven supply chain optimization tools, and enhancements in wood treatment techniques for improved durability and fire resistance. Additionally, the emergence of traceability technologies for sustainable forestry practices has revolutionized the industry, ensuring compliance with stringent environmental regulations. However, fluctuating raw material prices, regulatory constraints on deforestation, and competition from alternative materials present significant hurdles to market expansion.

Regionally, Europe and North America currently dominate the global timber and wood product market, propelled by well-established forestry regulations, rising demand for prefabricated wooden structures, and government incentives for sustainable building materials. Meanwhile, the Asia-Pacific region is projected to witness the fastest growth due to increased urbanization, rising disposable incomes, and growing construction investments across China, India, and Southeast Asia. The Latin American and Middle Eastern markets also present lucrative opportunities, with infrastructure projects and commercial developments fueling demand for premium-quality wood products.

Major Market Players Included in This Report Are:
  • Weyerhaeuser Company
  • West Fraser Timber Co. Ltd.
  • Canfor Corporation
  • Stora Enso Oyj
  • Mercer International Inc.
  • Interfor Corporation
  • Resolute Forest Products
  • Celulosa Arauco y Constitución S.A.
  • Freres Engineered Wood
  • Idaho Forest Group, LLC
  • PotlatchDeltic Corporation
  • Hampton Lumber
  • Columbia Forest Products, Inc.
  • US LBM Holdings, LLC
  • Metsä Group
The Detailed Segments and Sub-Segment of the Market Are Explained Below:

By Type
  • Engineered Wood
  • Hardwood
  • Softwood
By Distribution Channel
  • Offline
  • Online
By End-User
  • Commercial
  • Industrial
  • Residential
By Region:

North America
  • U.S.
  • Canada
Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific
Latin America
  • Brazil
  • Mexico
Middle East & Africa
  • Saudi Arabia
  • South Africa
  • Rest of MEA
Years Considered for the Study Are as Follows:
  • Historical year – 2022
  • Base year – 2024
  • Forecast period – 2024 to 2034
Key Takeaways:
  • Market Estimates & Forecast for 10 years from 2022 to 2034.
  • Annualized revenues and regional-level analysis for each market segment.
  • Geographical landscape analysis with country-level insights.
  • Competitive landscape with key market players and strategic insights.
  • Demand-side and supply-side analysis of the industry.
  • SWOT analysis and market positioning of major companies.
  • Strategic recommendations for new entrants and existing players.

Table of Contents

285 Pages
Chapter 1. Global Timber & Wood Product Market Executive Summary
1.1. Global Timber & Wood Product Market Size & Forecast (2024-2034)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Type
1.3.2. By Distribution Channel
1.3.3. By End-User
1.4. Key Trends
1.5. Recession Impact
1.6. Industry Metrics
1.7. Investment Analysis
1.8 .Investment Rationale
1.9. Analyst Recommendation & Conclusion
Chapter 2. Global Timber & Wood Product Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Timber & Wood Product Market Dynamics
3.1. Market Drivers
3.1.1. Growing consumer preference for timber and wood-based furniture
3.1.2. Expanding construction sector with ongoing infrastructure development
3.1.3. Introduction of wood products on eCommerce platforms
3.2. Market Challenges
3.2.1. Availability of low-cost substitutes for timber and wood products
3.2.2. Concerns associated with environmental safety coupled with strict government norms for deforestation
3.3. Market Opportunities
3.3.1. Development of advanced technologies for tracing and tracking transportation of wood products
3.3.2. Increasing shift and demand for sustainably sourced wood
Chapter 4. Global Timber & Wood Product Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Timber & Wood Product Market Size & Forecasts by Type (2024-2034)
5.1. Segment Dashboard
5.2. Global Timber & Wood Product Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Engineered Wood
5.2.2. Hardwood
5.2.3. Softwood
Chapter 6. Global Timber & Wood Product Market Size & Forecasts by Distribution Channel (2024-2034)
6.1. Segment Dashboard
6.2. Global Timber & Wood Product Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Offline
6.2.2. Online
Chapter 7. Global Timber & Wood Product Market Size & Forecasts by End-User (2024-2034)
7.1. Segment Dashboard
7.2. Global Timber & Wood Product Market: End-User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Commercial
7.2.2. Industrial
7.2.3. Residential
Chapter 8. Global Timber & Wood Product Market Size & Forecasts by Region (2024-2034)
8.1. North America Timber & Wood Product Market
8.1.1. U.S. Timber & Wood Product Market
8.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
8.1.1.2. Distribution Channel Breakdown Size & Forecasts, 2022-2032
8.1.1.3. End-User Breakdown Size & Forecasts, 2022-2032
8.1.2. Canada Timber & Wood Product Market
8.2. Europe Timber & Wood Product Market
8.2.1. U.K. Timber & Wood Product Market
8.2.2. Germany Timber & Wood Product Market
8.2.3. France Timber & Wood Product Market
8.2.4. Spain Timber & Wood Product Market
8.2.5. Italy Timber & Wood Product Market
8.2.6. Rest of Europe Timber & Wood Product Market
8.3. Asia-Pacific Timber & Wood Product Market
8.3.1. China Timber & Wood Product Market
8.3.2. India Timber & Wood Product Market
8.3.3. Japan Timber & Wood Product Market
8.3.4. Australia Timber & Wood Product Market
8.3.5. South Korea Timber & Wood Product Market
8.3.6. Rest of Asia-Pacific Timber & Wood Product Market
8.4. Latin America Timber & Wood Product Market
8.4.1. Brazil Timber & Wood Product Market
8.4.2. Mexico Timber & Wood Product Market
8.4.3. Rest of Latin America Timber & Wood Product Market
8.5. Middle East & Africa Timber & Wood Product Market
8.5.1. Saudi Arabia Timber & Wood Product Market
8.5.2. South Africa Timber & Wood Product Market
8.5.3. Rest of Middle East & Africa Timber & Wood Product Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Weyerhaeuser Company
9.1.2. West Fraser Timber Co. Ltd.
9.1.3. Canfor Corporation
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Resolute Forest Products
9.3.2. Mercer International Inc.
9.3.3. Interfor Corporation
9.3.4. Metsä Group
9.3.5. Columbia Forest Products, Inc.
9.3.6. Celulosa Arauco y Constitución S.A.
9.3.7. PotlatchDeltic Corporation
9.3.8. US LBM Holdings, LLC
9.3.9. Stora Enso Oyj
9.3.10. Hampton Lumber
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes

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