Global Spruce Wood Market Growth 2025-2031

The global Spruce Wood market size is predicted to grow from US$ 441 million in 2025 to US$ 601 million in 2031; it is expected to grow at a CAGR of 5.3% from 2025 to 2031.

A hard wood mainly used to make furniture

According to the decree signed by Federal Agriculture Minister Julia Klöckner on April 14, the felling of spruce should be reduced to 85%. This applies retrospectively for the period from 1 October 2020 to 30 September 2021 – the so-called Forestry Year 2021. The basis for calculating how much timber forest companies are allowed to harvest is the years that have been harvested between 2013 and 2017, 85% of which is calculated. What is not considered is damaged wood such as bark beetle, avalanche or storm damage. Affected by the Act, timber harvesting in Germany will be subject to certain restrictions, while downstream demand for timber is still rising steadily.

LP Information, Inc. (LPI) ' newest research report, the “Spruce Wood Industry Forecast” looks at past sales and reviews total world Spruce Wood sales in 2024, providing a comprehensive analysis by region and market sector of projected Spruce Wood sales for 2025 through 2031. With Spruce Wood sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Spruce Wood industry.

This Insight Report provides a comprehensive analysis of the global Spruce Wood landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Spruce Wood portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Spruce Wood market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Spruce Wood and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Spruce Wood.

This report presents a comprehensive overview, market shares, and growth opportunities of Spruce Wood market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Picea Omorika

Picea Mariana

Picea Engelmannii

Picea Sitchensis

Picea Rubens

Picea Orientalis

Picea Abies

Picea Glauca

Picea Pungens

Segmentation by Application:

Architecture

Furniture

Crafts

Sports Goods

Medical

Tonewood

Pulpwood

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Allied Forest Products

Fewings Joinery Pty Ltd

HESS TIMBER GmbH

Lindsay Meyers Pty Ltd

Meyer Timber Pty. Ltd

Ridgewood Timber Pty Ltd

Stora Enso Australia

Timber Blitz Pty Ltd

Timbertruss Northside

Wright Forest Products Pty Ltd

X-LAM DOLOMITI SRL

Faith Lumber

Maderas Barber

Key Questions Addressed in this Report

What is the 10-year outlook for the global Spruce Wood market?

What factors are driving Spruce Wood market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Spruce Wood market opportunities vary by end market size?

How does Spruce Wood break out by Type, by Application?

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