Engineered Wood Market Report: Trends, Forecast and Competitive Analysis to 2030
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Engineered Wood Trends and Forecast
The future of the global engineered wood market looks promising with opportunities in the residential and commercial & industrial markets. The global engineered wood market is expected to reach an estimated $422.8 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are escalating demand for this wood from the non-residential segment and surge in the restoration, refurbishment, and transformation of aged structures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Engineered Wood by Segment
The study includes a forecast for the global engineered wood by type, application, end use, and region.
Engineered Wood Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies engineered wood companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the engineered wood companies profiled in this report include-
Lucintel forecasts that furniture will remain the largest segment over the forecast period.
Within this market, residential will remain larger segment due to growing demand for wood-based building materials in residential structures as well as an increase in home construction and renovation projects.
APAC will remain the largest region over the forecast period due to expanding building projects and increasing infrastructure development in the region.
Features of the Global Engineered Wood Market
Market Size Estimates: Engineered wood market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Engineered wood market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Engineered wood market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the engineered wood market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the engineered wood market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the engineered wood market size?
Answer: The global engineered wood market is expected to reach an estimated $422.8 billion by 2030.
Q2. What is the growth forecast for engineered wood market?
Answer: The global engineered wood market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the engineered wood market?
Answer: The major drivers for this market are escalating demand for this wood from the non-residential segment and surge in the restoration, refurbishment, and transformation of aged structures.
Q4. What are the major segments for engineered wood market?
Answer: The future of the engineered wood market looks promising with opportunities in the residential and commercial & industrial markets.
Q5. Who are the key engineered wood market companies?
Answer: Some of the key engineered wood companies are as follows:
Answer: Lucintel forecasts that furniture will remain the largest segment over the forecast period.
Q7. In engineered wood market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expanding building projects and increasing infrastructure development in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the engineered wood market by type (i-beams, plywood, laminated veneer lumber, glulam, oriented strand boards, cross-laminated timber, and others), application (construction, furniture, flooring, packaging, and others), end use (residential, commercial & industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Engineered Wood Market, Engineered Wood Market Size, Engineered Wood Market Growth, Engineered Wood Market Analysis, Engineered Wood Market Report, Engineered Wood Market Share, Engineered Wood Market Trends, Engineered Wood Market Forecast, Engineered Wood Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Engineered Wood Trends and Forecast
The future of the global engineered wood market looks promising with opportunities in the residential and commercial & industrial markets. The global engineered wood market is expected to reach an estimated $422.8 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are escalating demand for this wood from the non-residential segment and surge in the restoration, refurbishment, and transformation of aged structures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Engineered Wood by Segment
The study includes a forecast for the global engineered wood by type, application, end use, and region.
Engineered Wood Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- I-Beams
- Plywood
- Laminated Veneer Lumber
- Glulam
- Oriented Strand Boards
- Cross-Laminated Timber
- Others
- Construction
- Furniture
- Flooring
- Packaging
- Others
- Residential
- Commercial & Industrial
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies engineered wood companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the engineered wood companies profiled in this report include-
- Boise Cascade
- Havwoods
- Huber Engineered Woods
- Louisiana-Pacific
- Mayr-Melnhof Holz Holding
- Nordic Structures
- Pacific WoodTech
- Roseburg Forest Products
- Stora Enso
- UFP Industries
Lucintel forecasts that furniture will remain the largest segment over the forecast period.
Within this market, residential will remain larger segment due to growing demand for wood-based building materials in residential structures as well as an increase in home construction and renovation projects.
APAC will remain the largest region over the forecast period due to expanding building projects and increasing infrastructure development in the region.
Features of the Global Engineered Wood Market
Market Size Estimates: Engineered wood market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Engineered wood market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Engineered wood market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end uses, and regions for the engineered wood market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the engineered wood market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the engineered wood market size?
Answer: The global engineered wood market is expected to reach an estimated $422.8 billion by 2030.
Q2. What is the growth forecast for engineered wood market?
Answer: The global engineered wood market is expected to grow with a CAGR of 5.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the engineered wood market?
Answer: The major drivers for this market are escalating demand for this wood from the non-residential segment and surge in the restoration, refurbishment, and transformation of aged structures.
Q4. What are the major segments for engineered wood market?
Answer: The future of the engineered wood market looks promising with opportunities in the residential and commercial & industrial markets.
Q5. Who are the key engineered wood market companies?
Answer: Some of the key engineered wood companies are as follows:
- Boise Cascade
- Havwoods
- Huber Engineered Woods
- Louisiana-Pacific
- Mayr-Melnhof Holz Holding
- Nordic Structures
- Pacific WoodTech
- Roseburg Forest Products
- Stora Enso
- UFP Industries
Answer: Lucintel forecasts that furniture will remain the largest segment over the forecast period.
Q7. In engineered wood market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to expanding building projects and increasing infrastructure development in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the engineered wood market by type (i-beams, plywood, laminated veneer lumber, glulam, oriented strand boards, cross-laminated timber, and others), application (construction, furniture, flooring, packaging, and others), end use (residential, commercial & industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Engineered Wood Market, Engineered Wood Market Size, Engineered Wood Market Growth, Engineered Wood Market Analysis, Engineered Wood Market Report, Engineered Wood Market Share, Engineered Wood Market Trends, Engineered Wood Market Forecast, Engineered Wood Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL ENGINEERED WOOD MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Engineered Wood Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Engineered Wood Market by Type
3.3.1: I-Beams
3.3.2: Plywood
3.3.3: Laminated Veneer Lumber
3.3.4: Glulam
3.3.5: Oriented Strand Boards
3.3.6: Cross-Laminated Timber
3.3.7: Others
3.4: Global Engineered Wood Market by Application
3.4.1: Construction
3.4.2: Furniture
3.4.3: Flooring
3.4.4: Packaging
3.4.5: Others
3.5: Global Engineered Wood Market by End Use
3.5.1: Residential
3.5.2: Commercial & Industrial
3.5.3: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Engineered Wood Market by Region
4.2: North American Engineered Wood Market
4.2.1: North American Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.2.2: North American Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.3: European Engineered Wood Market
4.3.1: European Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.3.2: European Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.4: APAC Engineered Wood Market
4.4.1: APAC Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.4.2: APAC Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.5: ROW Engineered Wood Market
4.5.1: ROW Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.5.2: ROW Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Engineered Wood Market by Type
6.1.2: Growth Opportunities for the Global Engineered Wood Market by Application
6.1.3: Growth Opportunities for the Global Engineered Wood Market by End Use
6.1.4: Growth Opportunities for the Global Engineered Wood Market by Region
6.2: Emerging Trends in the Global Engineered Wood Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Engineered Wood Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Engineered Wood Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Boise Cascade
7.2: Havwoods
7.3: Huber Engineered Woods
7.4: Louisiana-Pacific
7.5: Mayr-Melnhof Holz Holding
7.6: Nordic Structures
7.7: Pacific WoodTech
7.8: Roseburg Forest Products
7.9: Stora Enso
7.10: UFP Industries
2. GLOBAL ENGINEERED WOOD MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Engineered Wood Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Engineered Wood Market by Type
3.3.1: I-Beams
3.3.2: Plywood
3.3.3: Laminated Veneer Lumber
3.3.4: Glulam
3.3.5: Oriented Strand Boards
3.3.6: Cross-Laminated Timber
3.3.7: Others
3.4: Global Engineered Wood Market by Application
3.4.1: Construction
3.4.2: Furniture
3.4.3: Flooring
3.4.4: Packaging
3.4.5: Others
3.5: Global Engineered Wood Market by End Use
3.5.1: Residential
3.5.2: Commercial & Industrial
3.5.3: Others
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Engineered Wood Market by Region
4.2: North American Engineered Wood Market
4.2.1: North American Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.2.2: North American Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.3: European Engineered Wood Market
4.3.1: European Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.3.2: European Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.4: APAC Engineered Wood Market
4.4.1: APAC Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.4.2: APAC Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
4.5: ROW Engineered Wood Market
4.5.1: ROW Engineered Wood Market by Application: Construction, Furniture, Flooring, Packaging, and Others
4.5.2: ROW Engineered Wood Market by End Use: Residential, Commercial & Industrial, and Others
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Engineered Wood Market by Type
6.1.2: Growth Opportunities for the Global Engineered Wood Market by Application
6.1.3: Growth Opportunities for the Global Engineered Wood Market by End Use
6.1.4: Growth Opportunities for the Global Engineered Wood Market by Region
6.2: Emerging Trends in the Global Engineered Wood Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Engineered Wood Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Engineered Wood Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Boise Cascade
7.2: Havwoods
7.3: Huber Engineered Woods
7.4: Louisiana-Pacific
7.5: Mayr-Melnhof Holz Holding
7.6: Nordic Structures
7.7: Pacific WoodTech
7.8: Roseburg Forest Products
7.9: Stora Enso
7.10: UFP Industries
