PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608886
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1608886
Wood Recycling Market, By Product Type, By Application, By Geography
The global wood recycling market is estimated to be valued at USD 19.45 Bn in 2024 and is expected to reach USD 27.56 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | 19.45 Bn |
| Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
| Forecast Period 2024 to 2031 CAGR: | 5.10% | 2031 Value Projection: | 27.56 Bn |
With growing environmental concerns and emphasis on sustainability, wood recycling plays an important role in conserving natural resources and reducing landfill waste. Wood recycling involves collecting and processing waste wood from various sources like construction debris, demolition waste, pallets, and furniture to recover raw materials that can be reused in the production of new wood products or for generating energy. It helps lower the pressure on forestry and prevents wood from ending up in landfills or being incinerated, thereby contributing to emission reductions. As awareness about wood recycling continues to rise across countries and industries, the market is expected to grow substantially during the forecast period.
Market Dynamics:
The global wood recycling market growth is primarily driven by growing environmental regulations promoting waste reduction and landfill diversion. Most countries and states have strict laws mandating recycling and restricting wood disposal. Moreover, evolving sustainability goals of key end-use industries like construction, automotive, and packaging are augmenting the demand for recycled wood products. Recycled wood is gradually gaining popularity as a viable substitute for virgin wood in various applications because of its lower costs and minimal environmental footprint. However, lack of collection infrastructure and complex segregation and processing requirements continue to hinder the market's growth to some extent. Ongoing technological advancements in wood waste sorting and processing equipment are helping overcome some challenges and opening up new opportunities.
Key Features of the Study:
This report provides in-depth analysis of the global wood recycling market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global wood recycling market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Waste Management, Inc., Republic Services, Inc., Veolia Environnement S.A., Green Tree Service, Inc., Rotochopper, Inc., Schnitzer Steel Industries, Inc., The Home Depot, Inc., UFP Industries, Inc., Boral Limited, International Paper Company, Timber Products Company, PalletOne, Inc., J & J Recycling, The Andersons, Inc., and C&D Recycling, LLC
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global wood recycling market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global wood recycling market
Market Segmentation
- Product Type Insights (Revenue, USD Bn, 2019 - 2031)
- Softwood
- Hardwood
- Block board
- Plywood
- Orientated strand board
- Others
- Application Insights (Revenue, USD Bn, 2019 - 2031)
- Furniture
- Construction
- Paper & Pulp
- Energy Generation
- Others
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Waste Management, Inc.
- Republic Services, Inc.
- Veolia Environnement S.A.
- Green Tree Service, Inc.
- Rotochopper, Inc.
- Schnitzer Steel Industries, Inc.
- The Home Depot, Inc.
- UFP Industries, Inc.
- Boral Limited
- International Paper Company
- Timber Products Company
- PalletOne, Inc.
- J & J Recycling
- The Andersons, Inc.
- C&D Recycling, LLC
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Wood Recycling Market, By Product Type
- Global Wood Recycling Market, By Application
- Global Wood Recycling Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Wood Recycling Market, By Product Type, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Softwood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Hardwood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Block board
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Plywood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Orientated strand board
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Wood Recycling Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Furniture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Construction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Paper & Pulp
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Energy Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Wood Recycling Market, By Region, 2019 - 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2020 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Product Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country/Region, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
7. Competitive Landscape
- Waste Management, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Republic Services, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Veolia Environnement S.A.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Green Tree Service, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Rotochopper, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Schnitzer Steel Industries, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- The Home Depot, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- UFP Industries, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Boral Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- International Paper Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Timber Products Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- PalletOne, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- J & J Recycling
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- The Andersons, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- C&D Recycling, LLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
8. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
9. References and Research Methodology
- References
- Research Methodology
- About us
