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PUBLISHER: Grand View Research | PRODUCT CODE: 1679529
PUBLISHER: Grand View Research | PRODUCT CODE: 1679529
Wood And Timber Products Market Size, Share & Trends Analysis Report By Application (Paper, Lumber, Textiles, Bio Chemicals), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2025 - 2030
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Wood And Timber Products Market Growth & Trends:
The global wood and timber products market size is anticipated to reach USD 1,251.26 billion by 2030 and is anticipated to grow at a CAGR of 4.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising demand for wood and timber products is a result of multiple interlinked factors, from population-driven housing needs to sustainable product innovations. While the market continues to expand, challenges such as deforestation concerns, trade restrictions, and climate change impacts must be managed to ensure long-term sustainability. The shift toward certified and engineered wood products will likely shape the industry's future growth, with key players focusing on balancing economic and environmental priorities.
The timber industry is also benefiting from technological improvements that increase yield and efficiency. Precision forestry, AI-driven sawmills, and improved adhesives for engineered wood products are helping maximize wood utilization while reducing waste. These innovations enable companies to meet growing demand more sustainably.
Beyond traditional uses, wood and timber are also gaining traction in bioenergy and biomaterials. Wood pellets and biomass energy are being adopted as alternatives to fossil fuels in Europe, North America, and parts of Asia. Meanwhile, wood-derived chemicals, textiles (such as lyocell and viscose), and bio-based plastics are finding new applications, expanding the overall demand for timber resources.
The shift towards sustainable and biodegradable materials is increasing the demand for paper-based packaging solutions. With many governments and corporations pushing for eco-friendly alternatives to plastic, wood-derived products such as kraft paper, cardboard, and linerless labels are gaining traction. The direct thermal paper industry, for example, relies heavily on wood pulp, and growing logistics, e-commerce, and food packaging sectors are further driving its expansion.
The rising demand for wood and timber products is a result of multiple interlinked factors, from population-driven housing needs to sustainable product innovations. While the market continues to expand, challenges such as deforestation concerns, trade restrictions, and climate change impacts must be managed to ensure long-term sustainability. The shift toward certified and engineered wood products will likely shape the industry's future growth, with key players focusing on balancing economic and environmental priorities.
Wood And Timber Products Market Report Highlights:
- Based on application, paper dominated the industry with a major revenue share of 58.9% in 2024 and is forecasted to grow rapidly from 2025 to 2030. The global demand for wood-based paper products is undergoing a transformation, with declining demand for traditional printing and writing paper but rising demand for packaging materials and hygiene products.
- The demand for wood in the furniture industry is being driven by urbanization, rising disposable incomes, and shifting consumer preferences toward natural and sustainable materials. As more people move to cities, the demand for home and office furniture continues to rise, particularly in fast-growing economies like China, India, and Southeast Asia.
- The textile industry is experiencing a surge in demand for wood-based fibers, particularly as consumers and brands seek alternatives to synthetic fibers like polyester, which contribute to microplastic pollution. Viscose, lyocell, and modal fibers, derived from wood pulp (mainly from eucalyptus, beech, and pine trees), are being widely adopted in the fashion and textile industries. These fibers offer softness, breathability, and biodegradability, making them an attractive choice for sustainable clothing, home textiles, and even industrial applications.
- Wood-derived bio-chemicals are becoming increasingly important in sustainable manufacturing, pharmaceuticals, and industrial applications. The shift away from petroleum-based chemicals is driving demand for wood-based alternatives. With stricter environmental regulations on petrochemicals, industries are turning to bio-based solutions, increasing demand for wood-derived chemicals. Companies are investing in advanced processing technologies to extract high-value chemicals from wood byproducts, further integrating wood into green supply chains.
- Forestry production in Southeast Asia is largely focused on tropical hardwoods, with countries like Malaysia and Vietnam being major exporters. However, concerns over deforestation and illegal logging have led to stricter regulations, encouraging the adoption of certified and legally sourced wood products. The Asia-Pacific region is also witnessing rising investment in wood-based textiles, with manufacturers producing viscose and lyocell fibers for the fashion industry.
Product Code: GVR-4-68040-512-6
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Wood & Timber products Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Technological Overview
- 3.4. Regulatory Framework
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Industry Opportunities
- 3.5.4. Industry Challenges
- 3.6. Business Environmental Tools Analysis
- 3.6.1. Porter's Five Forces Analysis
- 3.6.1.1. Bargaining Power of Suppliers
- 3.6.1.2. Bargaining Power of Buyers
- 3.6.1.3. Threat of Substitution
- 3.6.1.4. Threat of New Entrants
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTLE Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Economic Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Environmental Landscape
- 3.6.2.6. Legal Landscape
- 3.6.1. Porter's Five Forces Analysis
- 3.7. Market Disruption Analysis
Chapter 4. Wood & Timber Products Market: Application Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Application Movement Analysis & Market Share, 2024 & 2030
- 4.3. Global Wood & Timber Products Market by Application, 2018 - 2030 (USD Million)
- 4.3.1. Furniture
- 4.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Paper
- 4.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Lumber
- 4.3.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Textiles
- 4.3.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.5. Bio Chemicals
- 4.3.5.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.6. Others
- 4.3.6.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.1. Furniture
Chapter 5. Wood & Timber Products Market: Regional Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Regional Market Share Analysis, 2024 & 2030
- 5.3. North America
- 5.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.3.3. U.S.
- 5.3.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.3.3.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.3.4. Canada
- 5.3.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.3.4.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.3.5. Mexico
- 5.3.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.3.5.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.4. Europe
- 5.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.4.3. Germany
- 5.4.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4.3.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.4.4. UK
- 5.4.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4.4.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.4.5. France
- 5.4.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.4.5.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.5. Asia Pacific
- 5.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.5.3. China
- 5.5.3.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5.3.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.5.4. India
- 5.5.4.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5.4.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.5.5. Japan
- 5.5.5.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.5.5.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.6. Central & South America
- 5.6.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.6.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 5.7. Middle East & Africa
- 5.7.1. Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 5.7.2. Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Key Players, their Recent Developments, and their Impact on Industry
- 6.2. Competition Categorization
- 6.3. Company Market Position Analysis
- 6.4. Company Heat Map Analysis
- 6.5. Strategy Mapping, 2024
- 6.6. Company Listing
- 6.6.1. Ogonek Custom Hardwoods, Inc.
- 6.6.1.1. Company Overview
- 6.6.1.2. Financial Performance
- 6.6.1.3. Product Benchmarking
- 6.6.1.4. Strategic Initiatives
- 6.6.2. PotlatchDeltic Corporation
- 6.6.2.1. Company Overview
- 6.6.2.2. Financial Performance
- 6.6.2.3. Product Benchmarking
- 6.6.2.4. Strategic Initiatives
- 6.6.3. Resolute Forest Products
- 6.6.3.1. Company Overview
- 6.6.3.2. Financial Performance
- 6.6.3.3. Product Benchmarking
- 6.6.3.4. Strategic Initiatives
- 6.6.4. RSG Forest Products, Inc.
- 6.6.4.1. Company Overview
- 6.6.4.2. Financial Performance
- 6.6.4.3. Product Benchmarking
- 6.6.4.4. Strategic Initiatives
- 6.6.5. Sierra Forest Products, Inc.
- 6.6.5.1. Company Overview
- 6.6.5.2. Financial Performance
- 6.6.5.3. Product Benchmarking
- 6.6.5.4. Strategic Initiatives
- 6.6.6. Southern Pine Timber Products, Inc.
- 6.6.6.1. Company Overview
- 6.6.6.2. Financial Performance
- 6.6.6.3. Product Benchmarking
- 6.6.6.4. Strategic Initiatives
- 6.6.7. Stora Enso Oyj
- 6.6.7.1. Company Overview
- 6.6.7.2. Financial Performance
- 6.6.7.3. Product Benchmarking
- 6.6.7.4. Strategic Initiatives
- 6.6.8. Timbeck Architecture
- 6.6.8.1. Company Overview
- 6.6.8.2. Financial Performance
- 6.6.8.3. Product Benchmarking
- 6.6.8.4. Strategic Initiatives
- 6.6.9. Timber Products Co. Limited Partnership
- 6.6.9.1. Company Overview
- 6.6.9.2. Financial Performance
- 6.6.9.3. Product Benchmarking
- 6.6.9.4. Strategic Initiatives
- 6.6.10. US LBM Holdings, LLC
- 6.6.10.1. Company Overview
- 6.6.10.2. Financial Performance
- 6.6.10.3. Product Benchmarking
- 6.6.10.4. Strategic Initiatives
- 6.6.11. West Fraser Timber Co. Ltd.
- 6.6.11.1. Company Overview
- 6.6.11.2. Financial Performance
- 6.6.11.3. Product Benchmarking
- 6.6.11.4. Strategic Initiatives
- 6.6.12. Sterling Solutions LLC
- 6.6.12.1. Company Overview
- 6.6.12.2. Financial Performance
- 6.6.12.3. Product Benchmarking
- 6.6.12.4. Strategic Initiatives
- 6.6.13. Weyerhaeuser Company
- 6.6.13.1. Company Overview
- 6.6.13.2. Financial Performance
- 6.6.13.3. Product Benchmarking
- 6.6.13.4. Strategic Initiatives
- 6.6.1. Ogonek Custom Hardwoods, Inc.
Product Code: GVR-4-68040-512-6
List of Tables
- Table 1 Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 2 Wood & Timber Products market estimates & forecasts, by furniture, 2018 - 2030 (USD Million)
- Table 3 Wood & Timber Products market estimates & forecasts, by paper, 2018 - 2030 (USD Million)
- Table 4 Wood & Timber Products market estimates & forecasts, by lumber, 2018 - 2030 (USD Million)
- Table 5 Wood & Timber Products market estimates & forecasts, by textile, 2018 - 2030 (USD Million)
- Table 6 Wood & Timber Products market estimates & forecasts, by bio chemicals, 2018 - 2030 (USD Million)
- Table 7 Wood & Timber Products market estimates & forecasts, by other application, 2018 - 2030 (USD Million)
- Table 8 North America Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 9 North America Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 10 U.S. Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 11 U.S. Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 12 Canada Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 13 Canada Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 14 Mexico Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 15 Mexico Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 16 Europe Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 17 Europe Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 18 Germany Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 19 Germany Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 20 France Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 21 France Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 22 UK Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 23 UK Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 24 Asia Pacific Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 25 Asia Pacific Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 26 China Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 27 China Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 28 India Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 29 India Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 30 Japan Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 31 Japan Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 32 Central & South America Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 33 Central & South America Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
- Table 34 Middle East & Africa Wood & Timber Products market estimates & forecasts, 2018 - 2030 (USD Million)
- Table 35 Middle East & Africa Wood & Timber Products market estimates & forecasts, by application, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Snapshot
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
- Fig. 10 Market Drivers Impact Analysis
- Fig. 11 Market Restraint Impact Analysis
- Fig. 12 Industry Analysis - PORTERS
- Fig. 13 Industry Analysis - PESTEL by SWOT
- Fig. 14 Application: Key Takeaways
- Fig. 15 Application: Market Share, 2024 & 2030
- Fig. 16 Region, 2024 & 2030, (USD Million)
- Fig. 17 Regional Marketplace: Key Takeaways
- Fig. 18 Competition Categorization
- Fig. 19 Company Market Positioning
- Fig. 20 Strategy Mapping, 2024
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