US Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The US secondary wood products market size reached US$ 278.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 315.8 Billion by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Secondary wood products are manufactured by the processing of primary wood products such as lumber, pulp, timber, etc. Such products majorly include wood furniture such as wooden kitchen, engineered wood products, cabinets and countertops, wooden pallets, and secondary paper products.
The secondary wood products market in the United States is currently being driven by the growth in the construction sector, which accounts for more than a third of the US total consumption of wood products annually. The forests based in the southern US are currently a major supplier to the timber industry in the country and alone account for nearly 12% in the world’s primary wood products supplies and around one-fifth in the global supplies of the secondary pulp and paper products. The growing population coupled with the increased consumer spending, economic growth, and rising demand for household wood products are also catalyzing the growth of the industry in the region. Furthermore, the export of these products to some European and Asian markets has also increased owing to the European Union biofuel regulations and rising construction activities in Asian countries, which have resulted in the increasing demand for products, specifically wood pellets and engineered woods panels.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the US secondary wood products market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on type.
Breakup by Type:
Wood Furniture
Office Furniture
Household & Institution
Wooden Kitchen, Cabinets and Countertops
Others
Engineered Wood Products
Plywood
OSB
Particle Board
Others
Secondary Paper Products
Paper Products
Paperboard Containers
Others
Amongst these, wood furniture represents the leading segment, accounting for the majority of the market share.
Competitive Landscape:
The report has also examined the competitive landscape of US secondary wood products market. Some of the major players include Ashley Furniture Industries, Steelcase, HNI Corporation, Herman Miller, Weyerhaeuser Company, Universal Forest Products, etc.
Key Questions Answered in This Report:
How has the US secondary wood products market performed so far and how will it perform in the coming years?
Which are the popular product types in the US secondary wood products market?
What has been the impact of COVID-19 on the US secondary wood products market?
What are the various stages in the value chain of the US secondary wood products industry?
What are the key driving factors and challenges in the US secondary wood products industry?
What is the structure of the US secondary wood products industry and who are the key players?
What is the degree of competition in the US secondary wood products industry?
The US secondary wood products market size reached US$ 278.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 315.8 Billion by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Secondary wood products are manufactured by the processing of primary wood products such as lumber, pulp, timber, etc. Such products majorly include wood furniture such as wooden kitchen, engineered wood products, cabinets and countertops, wooden pallets, and secondary paper products.
The secondary wood products market in the United States is currently being driven by the growth in the construction sector, which accounts for more than a third of the US total consumption of wood products annually. The forests based in the southern US are currently a major supplier to the timber industry in the country and alone account for nearly 12% in the world’s primary wood products supplies and around one-fifth in the global supplies of the secondary pulp and paper products. The growing population coupled with the increased consumer spending, economic growth, and rising demand for household wood products are also catalyzing the growth of the industry in the region. Furthermore, the export of these products to some European and Asian markets has also increased owing to the European Union biofuel regulations and rising construction activities in Asian countries, which have resulted in the increasing demand for products, specifically wood pellets and engineered woods panels.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the US secondary wood products market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on type.
Breakup by Type:
Wood Furniture
Office Furniture
Household & Institution
Wooden Kitchen, Cabinets and Countertops
Others
Engineered Wood Products
Plywood
OSB
Particle Board
Others
Secondary Paper Products
Paper Products
Paperboard Containers
Others
Amongst these, wood furniture represents the leading segment, accounting for the majority of the market share.
Competitive Landscape:
The report has also examined the competitive landscape of US secondary wood products market. Some of the major players include Ashley Furniture Industries, Steelcase, HNI Corporation, Herman Miller, Weyerhaeuser Company, Universal Forest Products, etc.
Key Questions Answered in This Report:
How has the US secondary wood products market performed so far and how will it perform in the coming years?
Which are the popular product types in the US secondary wood products market?
What has been the impact of COVID-19 on the US secondary wood products market?
What are the various stages in the value chain of the US secondary wood products industry?
What are the key driving factors and challenges in the US secondary wood products industry?
What is the structure of the US secondary wood products industry and who are the key players?
What is the degree of competition in the US secondary wood products industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 US SECONDARY WOOD PRODUCTS MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Type
5.5Market Forecast
5.6SWOT Analysis
5.6.1Overview
5.6.2Strengths
5.6.3Weaknesses
5.6.4Opportunities
5.6.5Threats
5.7Value Chain Analysis
5.7.1Overview
5.7.2Raw Material Procurement
5.7.3Manufacturing
5.7.4Marketing
5.7.5Distribution
5.7.6End-Use
5.8Porters Five Forces Analysis
5.8.1Overview
5.8.2Bargaining Power of Buyers
5.8.3Bargaining Power of Suppliers
5.8.4Degree of Competition
5.8.5Threat of New Entrants
5.8.6Threat of Substitutes
6 MARKET BREAKUP BY TYPE
6.1Wood Furniture
6.1.1Market Performance
6.1.2Market Breakup by Type
6.1.2.1Office Furniture
6.1.2.2Household & Institution
6.1.2.3Wooden Kitchen, Cabinets and Countertops
6.1.2.4Other Furniture
6.1.3Market Forecast
6.2Engineered Wood Products
6.2.1Market Performance
6.2.2Market Breakup by Type
6.2.2.1Plywood
6.2.2.2OSB
6.2.2.3Particle Board
6.2.2.4Other Engineered Woods
6.2.3Market Forecast
6.3Secondary Paper Products
6.3.1Market Performance
6.3.2Market Breakup by Type
6.3.2.1Paper Products
6.3.2.2Paperboard Containers
6.3.3Market Forecast
6.4Others
6.4.1Market Performance
6.4.2Market Forecast
7 SECONDARY WOOD PRODUCTS MANUFACTURING PROCESS
7.1Products Overview
7.2Raw Material Requirements
7.3Manufacturing Process
7.4Key Success and Risk Factors
8 COMPETITIVE LANDSCAPE
8.1Market Structure
8.2Key Players
8.3Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 US SECONDARY WOOD PRODUCTS MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Type
5.5Market Forecast
5.6SWOT Analysis
5.6.1Overview
5.6.2Strengths
5.6.3Weaknesses
5.6.4Opportunities
5.6.5Threats
5.7Value Chain Analysis
5.7.1Overview
5.7.2Raw Material Procurement
5.7.3Manufacturing
5.7.4Marketing
5.7.5Distribution
5.7.6End-Use
5.8Porters Five Forces Analysis
5.8.1Overview
5.8.2Bargaining Power of Buyers
5.8.3Bargaining Power of Suppliers
5.8.4Degree of Competition
5.8.5Threat of New Entrants
5.8.6Threat of Substitutes
6 MARKET BREAKUP BY TYPE
6.1Wood Furniture
6.1.1Market Performance
6.1.2Market Breakup by Type
6.1.2.1Office Furniture
6.1.2.2Household & Institution
6.1.2.3Wooden Kitchen, Cabinets and Countertops
6.1.2.4Other Furniture
6.1.3Market Forecast
6.2Engineered Wood Products
6.2.1Market Performance
6.2.2Market Breakup by Type
6.2.2.1Plywood
6.2.2.2OSB
6.2.2.3Particle Board
6.2.2.4Other Engineered Woods
6.2.3Market Forecast
6.3Secondary Paper Products
6.3.1Market Performance
6.3.2Market Breakup by Type
6.3.2.1Paper Products
6.3.2.2Paperboard Containers
6.3.3Market Forecast
6.4Others
6.4.1Market Performance
6.4.2Market Forecast
7 SECONDARY WOOD PRODUCTS MANUFACTURING PROCESS
7.1Products Overview
7.2Raw Material Requirements
7.3Manufacturing Process
7.4Key Success and Risk Factors
8 COMPETITIVE LANDSCAPE
8.1Market Structure
8.2Key Players
8.3Profiles of Key Players
LIST OF TABLES
Table 1: US: Secondary Wood Products Market: Key Industry Highlights, 2022 and 2028
Table 2: US: Secondary Wood Products Market Forecast: Breakup by Type (in Billion US$), 2023-2028
Table 3: US: Secondary Wood Products Market: Competitive Structure
Table 4: US: Secondary Wood Products Market: Key Players
Table 1: US: Secondary Wood Products Market: Key Industry Highlights, 2022 and 2028
Table 2: US: Secondary Wood Products Market Forecast: Breakup by Type (in Billion US$), 2023-2028
Table 3: US: Secondary Wood Products Market: Competitive Structure
Table 4: US: Secondary Wood Products Market: Key Players
LIST OF FIGURES
Figure 1: US: Secondary Wood Products Market: Major Drivers and Challenges
Figure 2: US: Secondary Wood Products Market: Value Trends (in Billion US$), 2017-2022
Figure 3: US: Secondary Wood Products Market: Breakup by Type (in %), 2022
Figure 4: US: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 5: US: Secondary Wood Products Industry: SWOT Analysis
Figure 6: US: Secondary Wood Products Industry: Value Chain Analysis
Figure 7: US: Secondary Wood Products Industry: Porter’s Five Forces Analysis
Figure 8: US: Wood Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 9: US: Wood Furniture Market: Breakup by Type (in %), 2017 & 2022
Figure 10: US: Office Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 11: US: Office Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 12: US: Household & Institution Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 13: US: Household & Institution Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 14: US: Wooden Kitchen, Cabinets and Countertops Market: Value Trends (in Billion US$), 2017 & 2022
Figure 15: US: Wooden Kitchen, Cabinets and Countertops Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 16: US: Other Wooden Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 17: US: Other Wooden Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 18: US: Wood Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 19: US: Engineered Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 20: US: Engineered Wood Products Market: Breakup by Type (in %), 2017 & 2022
Figure 21: US: Plywood Market: Value Trends (in Billion US$), 2017 & 2022
Figure 22: US: Plywood Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 23: US: OSB Market: Value Trends (in Billion US$), 2017 & 2022
Figure 24: US: OSB Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 25: US: Particle Board Market: Value Trends (in Billion US$), 2017 & 2022
Figure 26: US: Particle Board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 27: US: Other Engineered Woods Market: Value Trends (in Billion US$), 2017 & 2022
Figure 28: US: Other Engineered Woods Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 29: US: Engineered Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 30: US: Secondary Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 31: US: Secondary Paper Products Market: Breakup by Type (in %), 2017 & 2022
Figure 32: US: Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 33: US: Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 34: US: Paperboard Containers Market: Value Trends (in Billion US$), 2017 & 2022
Figure 35: US: Paperboard Containers Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 36: US: Secondary Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 37: US: Other Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 38: US: Other Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 1: US: Secondary Wood Products Market: Major Drivers and Challenges
Figure 2: US: Secondary Wood Products Market: Value Trends (in Billion US$), 2017-2022
Figure 3: US: Secondary Wood Products Market: Breakup by Type (in %), 2022
Figure 4: US: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 5: US: Secondary Wood Products Industry: SWOT Analysis
Figure 6: US: Secondary Wood Products Industry: Value Chain Analysis
Figure 7: US: Secondary Wood Products Industry: Porter’s Five Forces Analysis
Figure 8: US: Wood Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 9: US: Wood Furniture Market: Breakup by Type (in %), 2017 & 2022
Figure 10: US: Office Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 11: US: Office Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 12: US: Household & Institution Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 13: US: Household & Institution Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 14: US: Wooden Kitchen, Cabinets and Countertops Market: Value Trends (in Billion US$), 2017 & 2022
Figure 15: US: Wooden Kitchen, Cabinets and Countertops Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 16: US: Other Wooden Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 17: US: Other Wooden Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 18: US: Wood Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 19: US: Engineered Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 20: US: Engineered Wood Products Market: Breakup by Type (in %), 2017 & 2022
Figure 21: US: Plywood Market: Value Trends (in Billion US$), 2017 & 2022
Figure 22: US: Plywood Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 23: US: OSB Market: Value Trends (in Billion US$), 2017 & 2022
Figure 24: US: OSB Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 25: US: Particle Board Market: Value Trends (in Billion US$), 2017 & 2022
Figure 26: US: Particle Board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 27: US: Other Engineered Woods Market: Value Trends (in Billion US$), 2017 & 2022
Figure 28: US: Other Engineered Woods Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 29: US: Engineered Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 30: US: Secondary Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 31: US: Secondary Paper Products Market: Breakup by Type (in %), 2017 & 2022
Figure 32: US: Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 33: US: Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 34: US: Paperboard Containers Market: Value Trends (in Billion US$), 2017 & 2022
Figure 35: US: Paperboard Containers Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 36: US: Secondary Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 37: US: Other Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 38: US: Other Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
