Global Mass Timber Market Research Report 2024(Status and Outlook)

December 2024 | 151 pages | ID: G40676A750D9EN
Bosson Research

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Report Overview

Mass timber, also known as engineered wood or cross-laminated timber (CLT), refers to a category of large-scale, prefabricated, solid wood panels often used in construction projects. This innovative material offers sustainability benefits, design flexibility, and cost-efficiency, making it increasingly popular in the construction industry. The market for mass timber has been experiencing significant growth in recent years, driven by various factors.

The current market size for mass timber in 2023 is estimated at approximately USD 800 million. With a projected Compound Annual Growth Rate (CAGR) of 12.5% from 2024 to 2032, the market is expected to reach USD 1.8 billion by the end of the forecast period. This growth can be attributed to several key drivers and market forces.

One of the primary growth drivers for the mass timber market is the increasing focus on sustainable construction practices. As environmental concerns continue to rise, stakeholders in the construction industry are turning to materials like mass timber that offer lower carbon footprints compared to traditional building materials such as concrete and steel. Additionally, the speed of construction and cost-efficiency associated with mass timber contribute to its growing adoption.

Another significant factor fueling the market growth is the shift towards urbanization and the need for more efficient and sustainable building solutions in densely populated areas. Mass timber construction allows for quicker assembly on-site, reducing construction time and minimizing disruptions to surrounding communities. This trend is particularly evident in regions where urban population growth is outpacing available housing options.

In terms of market trends, there is a noticeable increase in the use of mass timber in tall building construction. As advancements in technology and building codes make it possible to construct taller structures using mass timber, developers and architects are exploring its potential for high-rise buildings. Projects like the 18-story Brock Commons Tallwood House at the University of British Columbia showcase the viability and safety of tall mass timber buildings.

Moreover, the market is witnessing a rise in modular construction practices using mass timber components. Off-site fabrication of mass timber elements allows for greater precision, quality control, and faster construction timelines. This trend is particularly appealing in regions facing skilled labor shortages or seeking to reduce construction waste.

When considering regional market distribution, leading markets for mass timber include North America, Europe, and the Asia Pacific region. North America, particularly the United States and Canada, has been at the forefront of mass timber adoption, driven by supportive government policies, environmental regulations, and a strong focus on sustainable building practices. In Europe, countries like Austria, Sweden, and Germany have been pioneers in mass timber construction, leveraging their forestry resources and expertise in wood engineering.

In the Asia Pacific region, countries like Japan, Australia, and New Zealand are increasingly embracing mass timber for its seismic resilience, sustainability benefits, and aesthetic appeal. Regional dominance factors include the availability of sustainably managed forests, government incentives promoting timber construction, and a growing awareness of the need for eco-friendly building materials.

Despite the positive market outlook, there are challenges that need to be addressed. These include concerns about fire safety regulations for tall timber buildings, the need for standardized testing protocols, and ensuring a consistent supply chain for mass timber products. Overcoming these challenges will require collaboration among industry stakeholders, policymakers, and research institutions to further promote the adoption of mass timber in the construction sector.

In conclusion, the mass timber market is poised for continued growth driven by sustainability imperatives, urbanization trends, and technological advancements. By capitalizing on these market forces, addressing key challenges, and leveraging regional strengths, stakeholders in the construction industry can unlock the full potential of mass timber as a sustainable and innovative building material.

This report provides a deep insight into the global Mass Timber market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Mass Timber Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Mass Timber market in any manner.

Global Mass Timber Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Stora Enso

Binderholz

KLH Massivholz

Mayr-Melnhof Holz

MHM Abbund-Zentrum

Hasslacher Norica

ZЬBLIN Timber Construction

Lignotrend

Eugen Decker

XLam Dolomiti

W. u. J. Derix

Schilliger Holz

Structurlam

Market Segmentation (by Type)

GLT

CLT

DLT

LVL

Others

Market Segmentation (by Application)

Residential

Commercial

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Mass Timber Market
  • Overview of the regional outlook of the Mass Timber Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Mass Timber Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.
1 RESEARCH METHODOLOGY AND STATISTICAL SCOPE

1.1 Market Definition and Statistical Scope of Mass Timber
1.2 Key Market Segments
  1.2.1 Mass Timber Segment by Type
  1.2.2 Mass Timber Segment by Application
1.3 Methodology & Sources of Information
  1.3.1 Research Methodology
  1.3.2 Research Process
  1.3.3 Market Breakdown and Data Triangulation
  1.3.4 Base Year
  1.3.5 Report Assumptions & Caveats

2 MASS TIMBER MARKET OVERVIEW

2.1 Global Market Overview
  2.1.1 Global Mass Timber Market Size (M USD) Estimates and Forecasts (2019-2032)
  2.1.2 Global Mass Timber Sales Estimates and Forecasts (2019-2032)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
2.4 Macroeconomic Analysis

3 MASS TIMBER MARKET COMPETITIVE LANDSCAPE

3.1 Global Mass Timber Sales by Manufacturers (2019-2024)
3.2 Global Mass Timber Revenue Market Share by Manufacturers (2019-2024)
3.3 Mass Timber Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Mass Timber Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Mass Timber Sales Sites, Area Served, Product Type
3.6 Mass Timber Market Competitive Situation and Trends
  3.6.1 Mass Timber Market Concentration Rate
  3.6.2 Global 5 and 10 Largest Mass Timber Players Market Share by Revenue
  3.6.3 Mergers & Acquisitions, Expansion

4 MASS TIMBER INDUSTRY CHAIN ANALYSIS

4.1 Mass Timber Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis

5 THE DEVELOPMENT AND DYNAMICS OF MASS TIMBER MARKET

5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
  5.5.1 New Product Developments
  5.5.2 Mergers & Acquisitions
  5.5.3 Expansions
  5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies

6 MASS TIMBER MARKET SEGMENTATION BY TYPE

6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Mass Timber Sales Market Share by Type (2019-2024)
6.3 Global Mass Timber Market Size Market Share by Type (2019-2024)
6.4 Global Mass Timber Price by Type (2019-2024)

7 MASS TIMBER MARKET SEGMENTATION BY APPLICATION

7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Mass Timber Market Sales by Application (2019-2024)
7.3 Global Mass Timber Market Size (M USD) by Application (2019-2024)
7.4 Global Mass Timber Sales Growth Rate by Application (2019-2024)

8 MASS TIMBER MARKET SALES BY REGION

8.1 Global Mass Timber Sales by Region
  8.1.1 Global Mass Timber Sales by Region
  8.1.2 Global Mass Timber Sales Market Share by Region
8.2 Global Mass Timber Market Size by Region
  8.2.1 Global Mass Timber Market Size by Region
  8.2.2 Global Mass Timber Market Size Market Share by Region
8.3 North America
  8.3.1 North America Mass Timber Sales by Country
  8.3.2 North America Mass Timber Market Size by Country
  8.3.3 U.S. Market Overview
  8.3.4 Canada Market Overview
  8.3.5 Mexico Market Overview
8.4 Europe
  8.4.1 Europe Mass Timber Sales by Country
  8.4.2 Europe Mass Timber Market Size by Country
  8.4.3 Germany Market Overview
  8.4.4 France Market Overview
  8.4.5 U.K. Market Overview
  8.4.6 Italy Market Overview
  8.4.7 Russia Market Overview
8.5 Asia Pacific
  8.5.1 Asia Pacific Mass Timber Sales by Region
  8.5.2 China
  8.5.3 Japan
  8.5.4 South Korea
  8.5.5 India
  8.5.6 Southeast Asia
8.6 Asia Pacific
  8.6.1 Asia Pacific Mass Timber Market Size by Region
  8.6.2 Asia Pacific Mass Timber Market Size by Region
  8.6.3 China
  8.6.4 Japan
  8.6.5 South Korea
  8.6.6 India
  8.6.7 Southeast Asia
8.7 South America
  8.7.1 South America Mass Timber Sales by Country
  8.7.2 South America Mass Timber Market Size by Country
  8.7.3 Brazil
  8.7.4 Argentina
  8.7.5 Columbia
8.8 Middle East and Africa
  8.8.1 Middle East and Africa Mass Timber Sales by Region
  8.8.2 Middle East and Africa Mass Timber Market Size by Region
  8.8.3 Saudi Arabia
  8.8.4 UAE
  8.8.5 Egypt
  8.8.6 Nigeria
  8.8.7 South Africa

9 MASS TIMBER MARKET PRODUCTION BY REGION

9.1 Global Production of Mass Timber by Region (2019-2024)
9.2 Global Mass Timber Revenue Market Share by Region (2019-2024)
9.3 Global Mass Timber Production, Revenue, Price and Gross Margin (2019-2024)
9.4 North America Mass Timber Production
  9.4.1 North America Mass Timber Production Growth Rate (2019-2024)
  9.4.2 North America Mass Timber Production, Revenue, Price and Gross Margin (2019-2024)
9.5 Europe Mass Timber Production
  9.5.1 Europe Mass Timber Production Growth Rate (2019-2024)
  9.5.2 Europe Mass Timber Production, Revenue, Price and Gross Margin (2019-2024)
9.6 Japan Mass Timber Production (2019-2024)
  9.6.1 Japan Mass Timber Production Growth Rate (2019-2024)
  9.6.2 Japan Mass Timber Production, Revenue, Price and Gross Margin (2019-2024)
9.7 China Mass Timber Production (2019-2024)
  9.7.1 China Mass Timber Production Growth Rate (2019-2024)
  9.7.2 China Mass Timber Production, Revenue, Price and Gross Margin (2019-2024)

10 KEY COMPANIES PROFILE

10.1 Stora Enso
  10.1.1 Stora Enso Mass Timber Basic Information
  10.1.2 Stora Enso Mass Timber Product Overview
  10.1.3 Stora Enso Mass Timber Product Market Performance
  10.1.4 Stora Enso Business Overview
  10.1.5 Stora Enso Mass Timber SWOT Analysis
  10.1.6 Stora Enso Recent Developments
10.2 Binderholz
  10.2.1 Binderholz Mass Timber Basic Information
  10.2.2 Binderholz Mass Timber Product Overview
  10.2.3 Binderholz Mass Timber Product Market Performance
  10.2.4 Binderholz Business Overview
  10.2.5 Binderholz Mass Timber SWOT Analysis
  10.2.6 Binderholz Recent Developments
10.3 KLH Massivholz
  10.3.1 KLH Massivholz Mass Timber Basic Information
  10.3.2 KLH Massivholz Mass Timber Product Overview
  10.3.3 KLH Massivholz Mass Timber Product Market Performance
  10.3.4 KLH Massivholz Mass Timber SWOT Analysis
  10.3.5 KLH Massivholz Business Overview
  10.3.6 KLH Massivholz Recent Developments
10.4 Mayr-Melnhof Holz
  10.4.1 Mayr-Melnhof Holz Mass Timber Basic Information
  10.4.2 Mayr-Melnhof Holz Mass Timber Product Overview
  10.4.3 Mayr-Melnhof Holz Mass Timber Product Market Performance
  10.4.4 Mayr-Melnhof Holz Business Overview
  10.4.5 Mayr-Melnhof Holz Recent Developments
10.5 MHM Abbund-Zentrum
  10.5.1 MHM Abbund-Zentrum Mass Timber Basic Information
  10.5.2 MHM Abbund-Zentrum Mass Timber Product Overview
  10.5.3 MHM Abbund-Zentrum Mass Timber Product Market Performance
  10.5.4 MHM Abbund-Zentrum Business Overview
  10.5.5 MHM Abbund-Zentrum Recent Developments
10.6 Hasslacher Norica
  10.6.1 Hasslacher Norica Mass Timber Basic Information
  10.6.2 Hasslacher Norica Mass Timber Product Overview
  10.6.3 Hasslacher Norica Mass Timber Product Market Performance
  10.6.4 Hasslacher Norica Business Overview
  10.6.5 Hasslacher Norica Recent Developments
10.7 ZЬBLIN Timber Construction
  10.7.1 ZЬBLIN Timber Construction Mass Timber Basic Information
  10.7.2 ZЬBLIN Timber Construction Mass Timber Product Overview
  10.7.3 ZЬBLIN Timber Construction Mass Timber Product Market Performance
  10.7.4 ZЬBLIN Timber Construction Business Overview
  10.7.5 ZЬBLIN Timber Construction Recent Developments
10.8 Lignotrend
  10.8.1 Lignotrend Mass Timber Basic Information
  10.8.2 Lignotrend Mass Timber Product Overview
  10.8.3 Lignotrend Mass Timber Product Market Performance
  10.8.4 Lignotrend Business Overview
  10.8.5 Lignotrend Recent Developments
10.9 Eugen Decker
  10.9.1 Eugen Decker Mass Timber Basic Information
  10.9.2 Eugen Decker Mass Timber Product Overview
  10.9.3 Eugen Decker Mass Timber Product Market Performance
  10.9.4 Eugen Decker Business Overview
  10.9.5 Eugen Decker Recent Developments
10.10 XLam Dolomiti
  10.10.1 XLam Dolomiti Mass Timber Basic Information
  10.10.2 XLam Dolomiti Mass Timber Product Overview
  10.10.3 XLam Dolomiti Mass Timber Product Market Performance
  10.10.4 XLam Dolomiti Business Overview
  10.10.5 XLam Dolomiti Recent Developments
10.11 W. u. J. Derix
  10.11.1 W. u. J. Derix Mass Timber Basic Information
  10.11.2 W. u. J. Derix Mass Timber Product Overview
  10.11.3 W. u. J. Derix Mass Timber Product Market Performance
  10.11.4 W. u. J. Derix Business Overview
  10.11.5 W. u. J. Derix Recent Developments
10.12 Schilliger Holz
  10.12.1 Schilliger Holz Mass Timber Basic Information
  10.12.2 Schilliger Holz Mass Timber Product Overview
  10.12.3 Schilliger Holz Mass Timber Product Market Performance
  10.12.4 Schilliger Holz Business Overview
  10.12.5 Schilliger Holz Recent Developments
10.13 Structurlam
  10.13.1 Structurlam Mass Timber Basic Information
  10.13.2 Structurlam Mass Timber Product Overview
  10.13.3 Structurlam Mass Timber Product Market Performance
  10.13.4 Structurlam Business Overview
  10.13.5 Structurlam Recent Developments

11 MASS TIMBER MARKET FORECAST BY REGION

11.1 Global Mass Timber Market Size Forecast
11.2 Global Mass Timber Market Forecast by Region
  11.2.1 North America Market Size Forecast by Country
  11.2.2 Europe Mass Timber Market Size Forecast by Country
  11.2.3 Asia Pacific Mass Timber Market Size Forecast by Region
  11.2.4 South America Mass Timber Market Size Forecast by Country
  11.2.5 Middle East and Africa Forecasted Sales of Mass Timber by Country

12 FORECAST MARKET BY TYPE AND BY APPLICATION (2025-2032)

12.1 Global Mass Timber Market Forecast by Type (2025-2032)
  12.1.1 Global Forecasted Sales of Mass Timber by Type (2025-2032)
  12.1.2 Global Mass Timber Market Size Forecast by Type (2025-2032)
  12.1.3 Global Forecasted Price of Mass Timber by Type (2025-2032)
12.2 Global Mass Timber Market Forecast by Application (2025-2032)
  12.2.1 Global Mass Timber Sales (K MT) Forecast by Application
  12.2.2 Global Mass Timber Market Size (M USD) Forecast by Application (2025-2032)

13 CONCLUSION AND KEY FINDINGS


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