Market Size of Sawn Wood Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 757.33 Million |
| Market Size (2029) | USD 785.77 Million |
| CAGR (2024 - 2029) | 0.74 % |
| Fastest Growing Market | North America |
| Largest Market | Asia-Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sawn Wood Market Analysis
The Sawn Wood Market size is estimated at USD 757.33 million in 2024, and is expected to reach USD 785.77 million by 2029, growing at a CAGR of 0.74% during the forecast period (2024-2029).
- Sawn wood is used for various purposes, such as building materials, paper production, fire starter, and domestic house construction for wall studs and floor and roof framing members. Changes in income have had a substantial impact on the demand for sawn wood. Generally speaking, higher income is linked to increased demand for wood products, especially those used in housing and building.
- Globally, Asia-Pacific is the largest market for sawn wood. One of the region's largest consumers of sawn wood is China. The rapid growth of the Chinese children's furniture industry, which makes extensive use of spruce-sawn wood, is the key factor driving increased demand for sawn wood. According to Food and Agriculture Organization (FAO) statistics, China produced 90.3 million m3 of sawn wood in 2018, which decreased to 84.0 million m3 in 2021 due to increased dependency on imports. The other main regional producers are Japan, Turkey, Vietnam, India, Thailand, and Malaysia.
- Wood is used more frequently to replace non-renewable materials since it is renewable, recyclable, environmentally friendly, and adaptable. It is a vital component of attempts to address the global threats to the environment, biodiversity, and climate brought on by the overuse of non-renewable resources. Over the past few years, the consumption of sawn wood in China grew by 34%, and the USA's consumption grew by 11%. The other three main consumers of sawn wood globally are Germany, Canada, and Japan.
Sawn Wood Industry Segmentation
Sawn wood is defined as wood that is cut from logs into different shapes and sizes. For the purpose of the study, both coniferous and non-coniferous sawn wood is considered.
The sawn wood market is segmented by type (hardwood and softwood) and geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The report includes the production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis.
The report offers the market size and forecasts in terms of Volume in metric tons and Value in USD thousand for all the above segments.
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| Hard Wood | |
| Soft Wood |
| Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis) | ||||||||
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Sawn Wood Market Size Summary
The sawn wood market is experiencing a steady growth trajectory, driven by its diverse applications in construction, furniture, and paper production. As a renewable and environmentally friendly material, sawn wood is increasingly replacing non-renewable resources, aligning with global sustainability efforts. The market's expansion is significantly influenced by rising income levels, which boost demand for wood products, particularly in the housing sector. The Asia-Pacific region, with China as a major consumer, leads the global market due to its burgeoning furniture industry and construction activities. Other key players in the region include Japan, Turkey, Vietnam, India, Thailand, and Malaysia, contributing to the region's dominant position in sawn wood production and consumption.
Globally, the production of sawn wood is on the rise, fueled by urbanization, population growth, and the evolving demand from the furniture and construction sectors. The market is characterized by increasing trade volumes, with major producing countries witnessing enhanced export and import activities. The Asia-Pacific region, accounting for a significant portion of global production, continues to see increased imports driven by high consumption demand. The region's market dynamics are supported by favorable climatic conditions and a robust construction sector. Despite challenges such as regulatory measures and market fluctuations, the sawn wood industry is poised for continued growth, with ongoing developments in production and trade expected to shape its future landscape.
Sawn Wood Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Hard Wood
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2.1.2 Soft Wood
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2.2 Geography (Production Analysis in Volume, Consumption Analysis by Volume and Value, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis)
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.2 Europe
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2.2.2.1 Russia
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2.2.2.2 Germany
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2.2.2.3 Sweden
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2.2.2.4 Finland
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2.2.2.5 Austria
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 India
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2.2.3.3 NewZeland
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2.2.3.4 Australia
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2.2.3.5 Vietnam
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2.2.3.6 Japan
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.5 Middle East And Africa
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2.2.5.1 Turkey
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2.2.5.2 Egypt
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2.2.5.3 Nigeria
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Sawn Wood Market Size FAQs
How big is the Sawn Wood Market?
The Sawn Wood Market size is expected to reach USD 757.33 million in 2024 and grow at a CAGR of 0.74% to reach USD 785.77 million by 2029.
What is the current Sawn Wood Market size?
In 2024, the Sawn Wood Market size is expected to reach USD 757.33 million.
