Engineered Wood Market
Engineered Wood Market Global Industry Assessment & Forecast
#
Pages:
142
2021
Nov - 2021
VMR-2021-0239
Segments Covered
By
Type I-Beams, plywood, laminated veneer lumber (LVL), glulam (glued laminated timber), oriented strand boards (OSB), cross-laminated timber (CLT), others
-
By
Application construction, furniture, flooring, packaging, others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
296.36 Billion |
 Revenue 2028:
|
412.63 Billion |
 Revenue CAGR
(2021 - 2028): |
6.12 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
| Sr. No. | Offering | Report Coverage |
| 1. | Market Size | In terms of Revenue (USD Million) |
| 2. | Historic Data | 2015 to 2019 |
| 3. | Forecast Data | 2021 to 2028 |
| 4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
| 5. | Market Attractiveness Analysis | Yes |
| 6. | Segment Analysis | Maximum Segments |
| 7. | Regional Coverage | 5 Regions |
| 8. | Country Coverage | Top 22 Countries |
| 9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
| 10. | Porter’s Five Forces Analysis | Yes. |
| 11. | Value Chain Analysis | Yes |
| 12. | PEST Analysis | Yes |
| 13. | Regulatory Landscape | Yes |
| 14. | Technology Landscape | Yes |
| 15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
| 16. | Top startups to watch out for | Yes |
| 17. | Top 3 Trends to Watch | Yes |
| 18. | Top 3 Strategies Followed by Major Players | Yes |
| 19. | Top 3 Predictions by Vantage Market Research | Yes |
| 20. | Discussion Guide | Yes |
| 21. | Key Primary Respondents - VERBATIM | Yes |
| 22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
| 23. | Others/Miscellaneous | |
FAQ
Frequently Asked Question
What is the global demand for Engineered Wood in terms of revenue?
-
The global Engineered Wood valued at 296.36 Billion in 2020 and is expected to reach 412.63 Billion in 2028 growing at a CAGR of 6.12%.
Which are the prominent players in the market?
-
The prominent players in the market are 84 Lumber Company, Universal Forests Products Inc., Louisiana Pacific Corporation, Nordic Structures, Patrick industries, Shenzhen Risewell Industry, Rockshield Engineered Wood products, Georgia Pacific Wood Products, Norbord Inc., Lowes Companies, Weyerhaeuser Company, Huber Engineered Wood, Roseburg Forest Product Company..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.12% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Engineered Wood include
- As compared to solid wood furniture the Engineered wood furniture is available at affordable rates. The engineered wood furniture pieces are manufactured using machines and are readily available in the market. These are the primary factors driving the market.
- The wood is pre-laminated that in turn increases the durability and beauty of the furniture. Engineered wood is light in weight and are easy to transport from one place to another. These are also some determinants fueling the market growth.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Engineered Wood in 2020.
