Global Softwood Market 2018-2022

Below are some of the key findings from the softwood market research report

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Global softwood industry overview

Softwood has been used in construction and interior works from many years worldwide. The growth of the construction and real-estate industries contributes to an increase in the number of housing societies, office spaces, commercial complexes and residential buildings. This leads to high global demand across several industries. A significant factor driving the market’s growth is the growing construction industry.

 Steady shift in softwood supply from natural to plantation forests is identified as one of the key emerging trends in the global softwood market. Wood extraction is one of the significant reasons for deforestation and forest degradation. It has major implications on the environment, global warming, biodiversity, ecosystem services, local societies and economies. To address this problem, the public and private sectors are taking initiatives to cultivate plantation forests with highly productive timber plantations. Furthermore, advantages such as long-life span, low waste footprint, low cost, non-toxic nature, easy recycling and reuse are some of the properties of softwood making them the preferred wood for the construction industry, eventually boosting its demand and driving the global softwood market at a CAGR of over 3% in the forecast period.

Top softwood companies covered in this market research report

The softwood market is fairly fragmented owing to the presence of several established and regional vendors increasing their focus on offering eco-friendly furniture considering the environmental concerns. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this softwood industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Canfor
• Georgia-Pacific
• Interfor
• Rayonier Advanced Materials
• West Fraser

Softwood market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period.

Softwood market segmentation based on end-user

• Construction
• Industrial

The construction segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the softwood market size.

Key highlights of the global softwood market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the softwood market during the next five years
• Precise estimation of the global softwood market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the softwood industry across the Americas, APAC and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of softwood companies

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