Market Overview

Unfinished Wood/Lumber Manufacturing: Global Markets to 2022


Unfinished Wood/Lumber Manufacturing: Global Markets to 2022

PR Newswire

LONDON, August 8, 2018 /PRNewswire/ -- Report Scope
This research report categorizes the unfinished wood/lumber market by type including softwood, hardwood and others.

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Report Includes:
- 97 tables
- Country specific data and analysis for USA, Brazil, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, and South Africa
- Analysis of the global market and future demand growth of the unfinished wood/lumber manufacturing industry
- Examination of the main industry drivers and opportunities with detailed focus on the current and future trends
- Information on government initiatives, regulatory bodies and major associations representing unfinished wood/lumber manufacturing industry
- Comprehensive company profiles of major players in the market, including West Fraser Timber Co. Ltd., Canfor Corp., Weyerhaeuser Company, Interfor Corp. and Metsa Group

Global unfinished wood/lumber products market outlook is positive with growth potential for hardwood.There is mounting pressure to increase investments, reduce prices and source lumber from sustainable sources.

At the same time, emerging market growth, increasing investments in timber plantations, rapid urbanization and rising population is driving the demand for lumber for construction, furniture manufacturing and others.

The unfinished wood/lumber market reached a value of nearly $REDACTED billion in 2017 and is expected togrow at a compound annual growth rate (CAGR) of REDACTED% to nearly $REDACTED billion by 2022.

The unfinished wood/lumber market is fragmented.Major players in the market are West Fraser Timber Co.

Ltd., Canfor Corp., Weyerhaeuser Company, Interfor Corp. and Metsä Group.

Softwood accounted for the largest share of the unfinished wood/lumber market in 2017 at $REDACTED billion.The highest growth is projected to come from hardwood which is forecasted to grow at a CAGR of REDACTED%.

Major factors included rapid urbanization in emerging markets leading to increased investments in the construction industry, increasing demand for furniture, government investments in affordable housing and low mortgage rates.

Asia-Pacific is the largest unfinished wood/lumber market, accounting for REDACTED% of the global market.It was followed by North America and Western Europe region.

Going forward, South America is expected towitness the fastest growth in the unfinished wood/lumber market, estimated to at grow at a CAGR of REDACTED%, followed by Asia-Pacific which is expected to grow at a CAGR of REDACTED%.

China is the largest market in terms of value in the unfinished wood/lumber market. China and India are forecasted to have the fastest growth, growing at a CAGR of REDACTED% and REDACTED%, respectively.

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