Global Hardwood Market 2024-2028

Description

List of Tables

The hardwood market is forecasted to grow by USD 9067.1 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the hardwood market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing residential and commercial construction activities, growing global hardwood trade and market expansion, and growing demand for aesthetic interiors.

Technavio's hardwood market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	4.11%
CAGR	4.36%
Incremental Value	$9067.1mn

By Application

Flooring
Furniture
Others

By Type

Ash
Cherry
Maple
Oak
Birch

By Geography

APAC
North America
Europe
Middle East and Africa
South America

This study identifies the emerging trend of remodeling and renovation as one of the prime reasons driving the hardwood market growth during the next few years. Also, growing adoption of engineered hardwood products and increasing focus on sustainable and responsible hardwood sourcing will lead to sizable demand in the market.

The report on the hardwood market covers the following areas:

Hardwood market sizing
Hardwood market forecast
Hardwood market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hardwood market vendors that include Appalachian Hardwood Manufacturers Inc., Armstrong World Industries Inc., Barlinek SA, Bauwerk Group Schweiz AG, Berkshire Hathaway Inc., Flooring Innovations, Goodfellow Inc., Home Legend LLC, Koch Industries Inc., Lauzon Collection, Mannington Mills Inc., Mirage, Mohawk Industries Inc., Mullican Flooring LP, Provenza Floors Inc., Q.E.P. Co. Inc., and Weyerhaeuser Co.. Also, the hardwood market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR75688

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Hardwood Market 2018 - 2022
- Historic Market Size - Data Table on Global Hardwood Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Flooring - Market size and forecast 2023-2028
- Chart on Flooring - Market size and forecast 2023-2028 ($ million)
- Data Table on Flooring - Market size and forecast 2023-2028 ($ million)
- Chart on Flooring - Year-over-year growth 2023-2028 (%)
- Data Table on Flooring - Year-over-year growth 2023-2028 (%)
6.4 Furniture - Market size and forecast 2023-2028
- Chart on Furniture - Market size and forecast 2023-2028 ($ million)
- Data Table on Furniture - Market size and forecast 2023-2028 ($ million)
- Chart on Furniture - Year-over-year growth 2023-2028 (%)
- Data Table on Furniture - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Type

7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
7.3 Ash - Market size and forecast 2023-2028
- Chart on Ash - Market size and forecast 2023-2028 ($ million)
- Data Table on Ash - Market size and forecast 2023-2028 ($ million)
- Chart on Ash - Year-over-year growth 2023-2028 (%)
- Data Table on Ash - Year-over-year growth 2023-2028 (%)
7.4 Cherry - Market size and forecast 2023-2028
- Chart on Cherry - Market size and forecast 2023-2028 ($ million)
- Data Table on Cherry - Market size and forecast 2023-2028 ($ million)
- Chart on Cherry - Year-over-year growth 2023-2028 (%)
- Data Table on Cherry - Year-over-year growth 2023-2028 (%)
7.5 Maple - Market size and forecast 2023-2028
- Chart on Maple - Market size and forecast 2023-2028 ($ million)
- Data Table on Maple - Market size and forecast 2023-2028 ($ million)
- Chart on Maple - Year-over-year growth 2023-2028 (%)
- Data Table on Maple - Year-over-year growth 2023-2028 (%)
7.6 Oak - Market size and forecast 2023-2028
- Chart on Oak - Market size and forecast 2023-2028 ($ million)
- Data Table on Oak - Market size and forecast 2023-2028 ($ million)
- Chart on Oak - Year-over-year growth 2023-2028 (%)
- Data Table on Oak - Year-over-year growth 2023-2028 (%)
7.7 Birch - Market size and forecast 2023-2028
- Chart on Birch - Market size and forecast 2023-2028 ($ million)
- Data Table on Birch - Market size and forecast 2023-2028 ($ million)
- Chart on Birch - Year-over-year growth 2023-2028 (%)
- Data Table on Birch - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.10 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 South Korea - Market size and forecast 2023-2028
- Chart on South Korea - Market size and forecast 2023-2028 ($ million)
- Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
- Chart on South Korea - Year-over-year growth 2023-2028 (%)
- Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Appalachian Hardwood Manufacturers Inc.
- Appalachian Hardwood Manufacturers Inc. - Overview
- Appalachian Hardwood Manufacturers Inc. - Product / Service
- Appalachian Hardwood Manufacturers Inc. - Key offerings
12.4 Armstrong World Industries Inc.
- Armstrong World Industries Inc. - Overview
- Armstrong World Industries Inc. - Business segments
- Armstrong World Industries Inc. - Key offerings
- Armstrong World Industries Inc. - Segment focus
12.5 Barlinek SA
- Barlinek SA - Overview
- Barlinek SA - Product / Service
- Barlinek SA - Key offerings
12.6 Bauwerk Group Schweiz AG
- Bauwerk Group Schweiz AG - Overview
- Bauwerk Group Schweiz AG - Product / Service
- Bauwerk Group Schweiz AG - Key offerings
12.7 Berkshire Hathaway Inc.
- Berkshire Hathaway Inc. - Overview
- Berkshire Hathaway Inc. - Business segments
- Berkshire Hathaway Inc. - Key news
- Berkshire Hathaway Inc. - Key offerings
- Berkshire Hathaway Inc. - Segment focus
12.8 Flooring Innovations
- Flooring Innovations - Overview
- Flooring Innovations - Product / Service
- Flooring Innovations - Key offerings
12.9 Goodfellow Inc.
- Goodfellow Inc. - Overview
- Goodfellow Inc. - Product / Service
- Goodfellow Inc. - Key offerings
12.10 Home Legend LLC
- Home Legend LLC - Overview
- Home Legend LLC - Product / Service
- Home Legend LLC - Key offerings
12.11 Koch Industries Inc.
- Koch Industries Inc. - Overview
- Koch Industries Inc. - Product / Service
- Koch Industries Inc. - Key offerings
12.12 Mannington Mills Inc.
- Mannington Mills Inc. - Overview
- Mannington Mills Inc. - Product / Service
- Mannington Mills Inc. - Key offerings
12.13 Mirage
- Mirage - Overview
- Mirage - Product / Service
- Mirage - Key offerings
12.14 Mohawk Industries Inc.
- Mohawk Industries Inc. - Overview
- Mohawk Industries Inc. - Business segments
- Mohawk Industries Inc. - Key offerings
- Mohawk Industries Inc. - Segment focus
12.15 Mullican Flooring LP
- Mullican Flooring LP - Overview
- Mullican Flooring LP - Product / Service
- Mullican Flooring LP - Key offerings
12.16 Provenza Floors Inc.
- Provenza Floors Inc. - Overview
- Provenza Floors Inc. - Product / Service
- Provenza Floors Inc. - Key offerings
12.17 Q.E.P. Co. Inc.
- Q.E.P. Co. Inc. - Overview
- Q.E.P. Co. Inc. - Business segments
- Q.E.P. Co. Inc. - Key offerings
- Q.E.P. Co. Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations