Wood Recycling

Global Wood Recycling Market to Reach US$38.2 Billion by 2030

The global market for Wood Recycling estimated at US$28.3 Billion in the year 2024, is expected to reach US$38.2 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Paper Material, one of the segments analyzed in the report, is expected to record a 4.9% CAGR and reach US$19.6 Billion by the end of the analysis period. Growth in the Cardboard Material segment is estimated at 6.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.6 Billion While China is Forecast to Grow at 8.4% CAGR

The Wood Recycling market in the U.S. is estimated at US$7.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.0 Billion by the year 2030 trailing a CAGR of 8.4% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.0% and 5.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Global Wood Recycling Market - Key Trends & Drivers Summarized

Why Is Wood Recycling Becoming More Important in Waste Management?

Wood recycling is becoming increasingly important in waste management as industries and municipalities seek sustainable ways to reduce landfill waste and conserve natural resources. Recycling wood involves the collection, processing, and repurposing of wood waste into new products, such as mulch, particleboard, and bioenergy. This process not only diverts wood waste from landfills but also reduces the need for virgin timber, thereby conserving forests and reducing the environmental impact of logging. As the demand for sustainable waste management solutions grows, wood recycling is playing a critical role in creating a circular economy, where waste is minimized, and resources are reused.

How Are Technological Advancements Enhancing Wood Recycling Processes?

Technological advancements are significantly enhancing wood recycling processes, making them more efficient, cost-effective, and capable of producing higher-quality recycled products. Innovations in shredding and grinding equipment are improving the efficiency of wood waste processing, allowing for the production of uniform and high-quality materials that can be used in a wide range of applications. Advanced sorting technologies, such as optical sorting and air classification, are also improving the accuracy of separating wood from other materials, ensuring that recycled wood is free from contaminants. Additionally, the development of bioenergy technologies is expanding the use of recycled wood as a renewable energy source, providing a sustainable alternative to fossil fuels. These technological improvements are driving the adoption of wood recycling across various industries, supporting the growth of the market.

What Market Trends Are Driving the Demand for Wood Recycling?

Several key market trends are driving the demand for wood recycling, including the growing emphasis on sustainability, the expansion of the construction and demolition sector, and the increasing demand for renewable energy. As sustainability becomes a top priority for businesses and governments, there is a growing focus on reducing waste and conserving natural resources, driving demand for wood recycling. The expansion of the construction and demolition sector is also boosting demand for wood recycling, as these activities generate significant amounts of wood waste that can be repurposed into new products. Additionally, the increasing demand for renewable energy is creating opportunities for wood recycling, as recycled wood can be used as a feedstock for bioenergy production. These trends are shaping the future of the wood recycling market, driving innovation and growth in the industry.

What Is Driving the Growth in the Wood Recycling Market?

The growth in the wood recycling market is driven by several factors. The increasing focus on sustainability and the need to reduce landfill waste are major drivers of demand for wood recycling solutions. Technological advancements in wood processing and sorting equipment are also contributing to market growth by improving the efficiency and quality of recycled wood products. The expansion of the construction and demolition sector is further supporting market growth, as these activities generate large volumes of wood waste that can be recycled. Additionally, the growing demand for renewable energy is driving the use of recycled wood as a feedstock for bioenergy production, creating new opportunities for growth in the wood recycling market. These factors, combined with the ongoing need for sustainable waste management solutions, are driving the expansion of the wood recycling market.

SCOPE OF STUDY:

The report analyzes the Wood Recycling market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Material Type (Paper Material, Cardboard Material, Waste Wood Material); Application (Wood Panels Application, Energy Generation Application, Other Applications)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 35 Featured) -

• American Mulch Producers (AMP)
• Canadian Wood Waste Recycling Business Group
• DM Recycling
• DTG Recycle
• Dunham Inc.
• Enva Ireland Limited
• FOMEX Group
• Green-O-Tech India
• H & H Wood Recyclers.
• J & B Recycling

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.