Engineered Wood Products Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR70872
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The engineered wood products market size is expected to grow by 6985.34 million ft3 and record a CAGR of 6.41% during 2021-2025.

This post-pandemic engineered wood products market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this engineered wood products market analysis report, key drivers such as increasing residential and commercial construction have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as high volatility in raw material prices, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Engineered Wood Products Market Size be in 2021?

Engineered-Wood-Products-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Engineered Wood Products Market?

The engineered wood products market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Boise Cascade Co.
  • Celulosa Arauco y Constitucion SA
  • J M Huber Corp.
  • Louisiana-Pacific Corp.
  • Lowes Companies Inc.
  • Patrick Industries Inc.
  • Raute Corp.
  • Roseburg Forest Products Co.
  • West Fraser Timber Co. Ltd.
  • Weyerhaeuser Co.

 

The engineered wood products market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This engineered wood products market report further entails segmentation by type (structural wood I-beams, glued laminated timber, LVL, and others) and geography (Europe, North America, APAC, MEA, and South America). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Engineered Wood Products Market?

Engineered-Wood-Products-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. Europe will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

31% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for engineered wood products in the region. This report provides estimations of the contribution of all regions to the growth of the engineered wood products market size.

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What are the Key Factors Covered in this Engineered Wood Products Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive engineered wood products market growth during the next five years
  • Precise estimation of the engineered wood products market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the engineered wood products industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of engineered wood products market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The engineered wood products market growth will increase by $6985.34 million ft3 during 2020-2025.
The engineered wood products market is expected to grow at a CAGR of 6.41% during 2020-2025.
Technavio has segmented the engineered wood products market by type volume (Structural wood I, Glued laminated ti, LVL, and Others) and geographic (Europe, North America, APAC, MEA, and South America).
Boise Cascade Co., Celulosa Arauco y Constitucion SA, J M Huber Corp., Louisiana-Pacific Corp., Lowes Companies Inc., Patrick Industries Inc., Raute Corp., Roseburg Forest Products Co., West Fraser Timber Co. Ltd., Weyerhaeuser Co. are a few of the key vendors in the engineered wood products market.
Europe will register the highest growth rate of 31.04% among the other regions. Therefore, the engineered wood products market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the engineered wood products market growth are:
  • Increasing residential and commercial construction
The engineered wood products market vendors should focus on grabbing business opportunities from the structural wood i segment as it accounted for the largest market share in the base year.
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