PUBLISHER: IMARC | PRODUCT CODE: 1660658
PUBLISHER: IMARC | PRODUCT CODE: 1660658
European Cross-Laminated Timber Market Report by Application, Product Type, Element Type, Raw Material Type, Bonding Method, Panel Layer, Adhesive Type, Press Type, Storey Class, Application Type, and Country 2025-2033
The European cross-laminated timber market size reached 1.9 Million Cubic Metres in 2024. Looking forward, IMARC Group expects the market to reach 4.2 Million Cubic Metres by 2033, exhibiting a growth rate (CAGR) of 8.95% during 2025-2033. The increasing focus on sustainable construction and environmental conservation, improvements in manufacturing technologies, and the rising awareness among consumers and industry professionals about the advantages of CLT are some of the major factors propelling the market.
Cross-laminated timber (CLT) is a wood panel product made from gluing together multiple layers of solid-sawn lumber. Each layer is oriented perpendicular to the adjacent layers, which enhances the material's strength and stability. The layers are bonded under pressure to form panels that can be used for a variety of structural applications, including walls, floors, and roofs. CLT offers benefits, such as reduced construction time, lower carbon footprint, and excellent thermal performance as compared to traditional building materials like concrete or steel. It has gained recognition for its versatility and is increasingly being adopted in residential, commercial, and institutional construction projects.
The increasing focus on sustainable construction practices represents one of the key factors driving the growth of the market across Europe. The European Union's environmental policies and guidelines actively encourage the use of renewable materials, and CLT fits well within this framework due to its lower carbon footprint as compared to traditional building materials like steel and concrete which is contributing to the growth of the market. The market is also driven by technological advancements, which are leading to the production of high-quality and versatile CLT products that are used in various types of construction projects, ranging from residential to commercial. The material's properties of strength, stability, and thermal insulation make it increasingly attractive for architects and engineers. Additionally, there is a rising awareness and acceptance of wood as a viable construction material among consumers and professionals alike which is fueling the market growth. Moreover, cost and time efficiency also play a significant role. CLT often allows for faster construction times, which is a crucial factor in its selection of projects with tight schedules or budget constraints, thus creating a positive outlook for the market across the region.
European Cross-Laminated Timber Market Trends/Drivers:
Rise in environmental sustainability
The growing emphasis on sustainable construction practices within the European Union is one of the most significant drivers in the market. In line with this, various environmental policies and green building certifications are encouraging the use of eco-friendly materials, and CLT is gaining prominence as a renewable, sustainable option. It offers a lower carbon footprint as compared to traditional construction materials, such as steel and concrete. This focus on sustainability is a compelling factor for builders, architects, and government bodies to adopt CLT in their construction projects.
Significant technological advancements
Significant technological advancements are playing a pivotal role in driving the growth of the European cross-laminated timber (CLT) market. Innovations in manufacturing processes, precision engineering, and digital design tools have enhanced the quality, efficiency, and scalability of CLT production. These advancements enable the creation of larger and more complex structures, expanding the architectural possibilities of CLT in construction. Additionally, cutting-edge technologies facilitate accurate modeling, prefabrication, and modular construction methods, reducing construction timelines and costs. This synergy between technology and CLT's sustainable attributes positions it as a modern and adaptable building material, aligning with Europe's emphasis on innovation, eco-friendliness, and efficient construction practices.
Rise in cost-efficiency
CLT offers advantages, such as faster construction times, reduced labor costs, and efficient material usage. As sustainable construction practices gain traction, CLT's lightweight nature facilitates easier transportation and on-site assembly, which leads to overall cost savings. Additionally, its thermal insulation properties contribute to long-term energy savings and lower operational expenses for building owners. This emphasis on economic benefits aligns with the growing demand for environmentally conscious and budget-friendly construction solutions across Europe, positioning CLT as an attractive option for sustainable and cost-effective building projects.
European Cross-Laminated Timber Industry Segmentation:
Breakup by Application:
- Residential
- Educational Institutes
- Government/Public Buildings
- Commercial Spaces
Residential dominates the market
Breakup by Product Type:
- Custom CLT
- Blank CLT
Custom CLT represents the largest market segment
Breakup by Element Type:
- Wall Panels
- Flooring Panels
- Roofing Slabs
- Others
Wall panels represents the largest market segment
Breakup by Raw Material Type:
- Spruce
- Pine
- Fir
- Others
Spruce holds the largest market share
Breakup by Bonding Method:
- Adhesive Bonded
- Mechanically Fastened
Adhesive bonded dominates the market
Breakup by Panel Layers:
- 3-Ply
- 5-Ply
- 7-Ply
- Others
Breakup by Adhesive Type:
- PUR (Polyurethane)
- PRF (Phenol Resorcinol Formaldehyde)
- MUF (Melamine-Urea-Formaldehyde)
- Others
PUR (Polyurethane) represents the largest market segment
Breakup by Press Type:
- Hydraulic Press
- Vacuum Press
- Pneumatic Press
- Others
Hydraulic press dominates the market
Breakup by Storey Class:
- Low-Rise Buildings (1-4 Storeys)
- Mid-Rise Buildings (5-10 Storeys)
- High-Rise Buildings (More than 10 Storeys)
Breakup by Application Type:
- Structural Applications
- Non-Structural Applications
Structural applications represent largest market segment
Breakup by Country
- Austria
- Germany
- Italy
- Switzerland
- Czech Republic
- Spain
- Norway
- Sweden
- United Kingdom
- Others
Austria represents the largest region
The report has also provided a comprehensive analysis of all the major regional markets, which include Austria, Germany, Italy, Switzerland, Czech Republic, Spain, Norway, Sweden, United Kingdom, and others. According to the report, Austria accounted for the largest market share.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
- Stora Enso Oyj
- KLH Massivholz GmbH
- Binderholz GmbH
- Mayr Melnhof Karton AG
- Hasslacher Holding GmbH
Key Questions Answered in This Report
- 1.What was the size of the European cross-laminated timber market in 2024?
- 2.What is the expected growth rate of the European cross-laminated timber market during 2025-2033?
- 3.What are the key factors driving the European cross-laminated timber market?
- 4.What has been the impact of COVID-19 on the European cross-laminated timber market?
- 5.What is the breakup of the European cross-laminated timber market based on the application?
- 6.What is the breakup of the European cross-laminated timber market based on the product type?
- 7.What is the breakup of the European cross-laminated timber market based on the element type?
- 8.What is the breakup of the European cross-laminated timber market based on the raw material type?
- 9.What is the breakup of the European cross-laminated timber market based on the bonding method?
- 10.What is the breakup of the European cross-laminated timber market based on the panel layers?
- 11.What is the breakup of the European cross-laminated timber market based on the adhesive type?
- 12.What is the breakup of the European cross-laminated timber market based on the press type?
- 13.What is the breakup of the European cross-laminated timber market based on the storey class?
- 14.What is the breakup of the European cross-laminated timber market based on the application type?
- 15.What are the key regions in the European cross-laminated timber market?
- 16.Who are the key players/companies in the European cross-laminated timber market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 European Cross Laminated Timber Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trends
- 5.3 Impact of COVID-19
- 5.4 Price Trends
- 5.4.1 Key Price Indicators
- 5.4.2 Price Structure
- 5.4.3 Price Trends
- 5.5 Market Breakup by Country
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Product Type
- 5.8 Market Breakup by Element Type
- 5.9 Market Breakup by Raw Material Type
- 5.10 Market Breakup by Bonding Method
- 5.11 Market Breakup by Panel Layers
- 5.12 Market Breakup by Press Type
- 5.13 Market Breakup by Adhesive Type
- 5.14 Market Breakup by Storey Class
- 5.15 Market Breakup by Application Type
- 5.16 Market Forecast
- 5.17 SWOT Analysis
- 5.17.1 Overview
- 5.17.2 Strengths
- 5.17.3 Weaknesses
- 5.17.4 Opportunities
- 5.17.5 Threats
- 5.18 Value Chain Analysis
- 5.19 Porter's Five Forces Analysis
- 5.19.1 Overview
- 5.19.2 Bargaining Power of Buyers
- 5.19.3 Bargaining Power of Suppliers
- 5.19.4 Degree of Rivalry
- 5.19.5 Threat of New Entrants
- 5.19.6 Threat of Substitutes
- 5.20 Key Market Drivers and Success Factors
6 Performance of Major Countries
- 6.1 Austria
- 6.1.1 Market Trends
- 6.1.2 Capacities of Key Players
- 6.1.3 Market Forecast
- 6.2 Germany
- 6.2.1 Market Trends
- 6.2.2 Capacities of Key Players
- 6.2.3 Market Forecast
- 6.3 Italy
- 6.3.1 Market Trends
- 6.3.2 Capacities of Key Players
- 6.3.3 Market Forecast
- 6.4 Switzerland
- 6.4.1 Market Trends
- 6.4.2 Capacities of Key Players
- 6.4.3 Market Forecast
- 6.5 Czech Republic
- 6.5.1 Market Trends
- 6.5.2 Capacities of Key Players
- 6.5.3 Market Forecast
- 6.6 Spain
- 6.6.1 Market Trends
- 6.6.2 Capacities of Key Players
- 6.6.3 Market Forecast
- 6.7 Norway
- 6.8 Sweden
- 6.9 United Kingdom
- 6.10 Others
7 Market by Application
- 7.1 Residential
- 7.2 Educational Institutes
- 7.3 Government/Public Buildings
- 7.4 Commercial Spaces
8 Market by Product Type
- 8.1 Custom CLT
- 8.2 Blank CLT
9 Market by Element Type
- 9.1 Wall Panels
- 9.2 Flooring Panels
- 9.3 Roofing Slabs
- 9.4 Others
10 Market by Raw Material Type
- 10.1 Spruce
- 10.2 Pine
- 10.3 Fir
- 10.4 Others
11 Market by Bonding Method
- 11.1 Adhesive Bonded
- 11.2 Mechanically Fastened
12 Market by Panel Layers
- 12.1 3-Ply
- 12.2 5-Ply
- 12.3 7-Ply
- 12.4 Others
13 Market by Adhesive Type
- 13.1 PUR (Polyurethane)
- 13.2 PRF (Phenol Resorcinol Formaldehyde)
- 13.3 MUF (Melamine-Urea-Formaldehyde)
- 13.4 Others
14 Market by Press Type
- 14.1 Hydraulic Press
- 14.2 Vacuum Press
- 14.3 Pneumatic Press
- 14.4 Others
15 Market by Storey Class
- 15.1 Low-Rise Buildings (1-4 Storeys)
- 15.2 Mid-Rise Buildings (5-10 Storeys)
- 15.3 High-Rise Buildings (More than 10 Storeys)
16 Market by Application Type
- 16.1 Structural Applications
- 16.2 Non-Structural Applications
17 Competitive Landscape
- 17.1 Market Structure
- 17.2 Production Capacities of Key Players
18 Cross Laminated Timber Manufacturing Process
- 18.1 Product Overview
- 18.2 Detailed Process Flow
- 18.3 Various Types of Unit Operations Involved
- 18.4 Mass Balance and Raw Material Requirements
19 Project Details, Requirements and Costs Involved
- 19.1 Land Requirements and Expenditures
- 19.2 Construction Requirements and Expenditures
- 19.3 Plant Layout
- 19.4 Plant Machinery
- 19.5 Machinery Pictures
- 19.6 Raw Material Requirements and Expenditures
- 19.7 Raw Material and Final Product Pictures
- 19.8 Packaging Requirements and Expenditures
- 19.9 Transportation Requirements and Expenditures
- 19.10 Utility Requirements and Expenditures
- 19.11 Manpower Requirements and Expenditures
- 19.12 Other Capital Investments
20 Loans and Financial Assistance
21 Project Economics
- 21.1 Capital Cost of the Project
- 21.2 Techno-Economic ParaMetres
- 21.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 21.4 Income Projections
- 21.5 Expenditure Projections
- 21.6 Taxation and Depreciation
- 21.7 Financial Analysis
- 21.8 Profit Analysis
22 Key Player Profiles
- 22.1 Stora Enso Oyj
- 22.2 KLH Massivholz GmbH
- 22.3 Binderholz GmbH
- 22.4 Mayr Melnhof Karton AG
- 22.5 Hasslacher Holding GmbH
List of Figures
- Figure 1: Europe: CLT Market: Key Drivers and Challenges
- Figure 2: Europe: CLT Market: Volume Trends (in Million Cubic Metres), 2019-2024
- Figure 3: Europe: CLT Market: Value Trends (in Million USD), 2019-2024
- Figure 4: Europe: CLT Manufacturing: Price Structure Analysis
- Figure 5: Europe: Average CLT Prices (in USD/Cubic Metre), 2019-2033
- Figure 6: Europe: CLT Market: Breakup by Country (in %), 2024
- Figure 7: Europe: CLT Market: Breakup by Application (in %), 2024
- Figure 8: Europe: CLT Market: Breakup by Product Type (in %), 2024
- Figure 9: Europe: CLT Market: Breakup by Element type (in %), 2024
- Figure 10: Europe: CLT Market: Breakup by Raw Material Type (in %), 2024
- Figure 11: Europe: CLT Market: Breakup by Bonding Method (in %), 2024
- Figure 12: Europe: CLT Market: Breakup by Panel Layers (in %), 2024
- Figure 13: Europe: CLT Market: Breakup by Press Type (in %), 2024
- Figure 14: Europe: CLT Market: Breakup by Adhesive Type (in %), 2024
- Figure 15: Europe: CLT Market: Breakup by Storey Class (in %), 2024
- Figure 16: Europe: CLT Market: Breakup by Application Type (in %), 2024
- Figure 17: Europe: CLT Market Forecast: Volume Trends (in Million Cubic Metres), 2025-2033
- Figure 18: Europe: CLT Market Forecast: Value Trends (in Million USD), 2025-2033
- Figure 19: Europe: CLT Industry: SWOT Analysis
- Figure 20: Environmental Impact Comparison: CLT over Concrete
- Figure 21: Europe: CLT Industry: Value Chain Analysis
- Figure 22: Europe: CLT Industry: Porter's Five Forces Analysis
- Figure 23: Austria: CLT Production Volume (in Cubic Metres), 2019-2024
- Figure 24: Austria: CLT Production Volume Forecast (in Cubic Metres), 2025-2033
- Figure 25: Germany: CLT Production Volume (in Cubic Metres), 2019-2024
- Figure 26: Germany: CLT Production Volume Forecast (in Cubic Metres), 2025-2033
- Figure 27: Italy: CLT Production Volumes (in Cubic Metres), 2019-2024
- Figure 28: Italy: CLT Production Volumes Forecast (in Cubic Metres), 2025-2033
- Figure 29: Switzerland: CLT Production Volumes (in Cubic Metres), 2019 and 2024
- Figure 30: Switzerland: CLT Production Volumes Forecast (in Cubic Metres), 2025-2033
- Figure 31: Czech Republic: CLT Production Volumes (in Cubic Metres), 2019 and 2024
- Figure 32: Czech Republic: CLT Production Volumes Forecast (in Cubic Metres), 2025-2033
- Figure 33: Spain: CLT Production Volumes (in Cubic Metres), 2019 and 2024
- Figure 34: Spain: CLT Production Volumes Forecast (in Cubic Metres), 2025-2033
- Figure 35: Europe: CLT Applications in Residential Sector: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 36: Europe: CLT Applications in Educational Institutes: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 37: Europe: CLT Applications in Government/Public Buildings: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 38: Europe: CLT Applications in Commercial Spaces: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 39: Europe: Custom CLT Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 40: Europe: Blank CLT Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 41: Europe: CLT Market (Wall Panels): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 42: Europe: CLT Market (Flooring Panels): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 43: Europe: CLT Market (Roofing Slabs): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 44: Europe: CLT Market (Other Elements): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 45: Europe: CLT Market (Spruce Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 46: Europe: CLT Market (Pine Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 47: Europe: CLT Market (Fir Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 48: Europe: CLT Market (Other Specie Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 49: Europe: CLT (Adhesive Bonded) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 50: Europe: CLT (Mechanically Fastened) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 51: Europe: CLT (3-Ply) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 52: Europe: CLT (5-Ply) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 53: Europe: CLT (7-Ply) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 54: Europe: CLT (Panels More than 7 Layers) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 55: Europe: CLT Market (PUR Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 56: Europe: CLT Market (PRF Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 57: Europe: CLT Market (MUF Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 58: Europe: CLT (Others Adhesive Based CLT) Market: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 59: Europe: CLT Market (Hydraulic Press Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 60: Europe: CLT Market (Vacuum Press Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 61: Europe: CLT Market (Pneumatic Press Based): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 62: Europe: CLT Market (Others): Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 63: Europe: CLT Market in Low-Rise Buildings: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 64: Europe: CLT Market in Mid-Rise Buildings: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 65: Europe: CLT Market in High-Rise Buildings: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 66: Europe: CLT Market in Structural Applications: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 67: Europe: CLT Market in Non-Structural Applications: Volume Trends (in Cubic Metres), 2019, 2024 and 2033
- Figure 68: CLT Manufacturing Process: Conversion Rate of Products
- Figure 69: CLT Manufacturing Plant: Proposed Plant Layout
- Figure 70: CLT Manufacturing Plant: Breakup of Capital Costs (in %)
- Figure 71: CLT Industry: Margins Across Various Stages of the Supply Chain
- Figure 72: CLT Production: Manufacturing Cost Breakup (in %)
List of Tables
- Table 1: European: CLT Market: Key Industry Highlights, 2024 and 2033
- Table 2: Austria: Top CLT Manufacturers
- Table 3: Germany: Top CLT Manufacturers
- Table 4: Italy: Top CLT Manufacturers
- Table 5: Switzerland: Top CLT Manufacturers
- Table 6: Czech Republic: Top CLT Manufacturers
- Table 7: Spain: Top CLT Manufacturers
- Table 8: Norway: Top CLT Manufacturers
- Table 9: Sweden: Top CLT Manufacturers
- Table 10: Europe: CLT Market: Production Breakup by Application (in Cubic Metres), 2025-2033
- Table 11: Europe: CLT Market: Breakup by Product Type (in Cubic Metres), 2025-2033
- Table 12: Europe: CLT Market: Breakup by Element Type (in Cubic Metres), 2025-2033
- Table 13: Europe: CLT Market: Breakup by Raw Material Type (in Cubic Metres), 2025-2033
- Table 14: Europe: CLT Market: Breakup by Bonding Method (in Cubic Metres), 2025-2033
- Table 15: Europe: CLT Market: Breakup by Panel Layers (in Cubic Metres), 2025-2033
- Table 16: Europe: CLT Market: Breakup by Adhesive Type (in Cubic Metres), 2025-2033
- Table 17: Europe: CLT Market: Breakup by Press Type (in Cubic Metres), 2025-2033
- Table 18: Europe: CLT Market: Breakup by Storey Class (in Cubic Metres), 2025-2033
- Table 19: Europe: CLT Market: Breakup by Application Type (in Cubic Metres), 2025-2033
- Table 20: Europe: Key CLT Producers with Annual Production Capacities
- Table 21: CLT Manufacturing Plant: Detailed Process Flow
- Table 22: CLT Manufacturing Plant: Raw Material Requirements (in CBM/Day)
- Table 23: CLT Manufacturing Plant: Costs Related to Land and Site Development (in USD)
- Table 24: CLT Manufacturing Plant: Costs Related to Civil Works (in USD)
- Table 25: CLT Manufacturing Plant: Machinery Costs (in USD)
- Table 26: CLT Manufacturing Plant: Raw Material Requirements and Expenditures (in CBM/Day)
- Table 27: CLT Manufacturing Plant: Costs Related to Salaries and Wages (in USD)
- Table 28: CLT Manufacturing Plant: Costs Related to Other Capital Investments (in USD)
- Table 29: Details of Financial Assistance Offered by Financial Institutions
- Table 30: CLT Manufacturing Plant: Capital Costs (in USD)
- Table 31: CLT Manufacturing Plant: Techno-Economic ParaMetres
- Table 32: CLT Manufacturing Plant: Income Projections (in USD)
- Table 33: CLT Manufacturing Plant: Expenditure Projections (in USD)
- Table 34: CLT Manufacturing Plant: Taxation (in USD)
- Table 35: CLT Manufacturing Plant: Depreciation (in USD)
- Table 36: CLT Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability
- Table 37: CLT Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
- Table 38: CLT Manufacturing Plant: Profit and Loss Account (in USD)
- Table 39: Stora Enso Oyj: Key Financials (in Million USD), 2013-2019
- Table 40: KLH Massivholz GmbH: Key Financials (in Million USD), 2014-2017
- Table 41: Binderholz GmbH: Key Financials (in Million USD), 2014-2017
- Table 42: Mayr Melnhof Karton AG: Key Financials (in Million USD), 2013-2019
