The global engineered wood market size was USD 284.76 Billion in 2022 and is expected to register a revenue CAGR of 5.3% during the forecast period. Major factors driving the global market revenue growth are increasing need for sustainability, cost-efficiency in using engineered wood, rising environmental concerns, and increasing urbanization and housing demand across the globe.
The latest research report by Emergen Research, named ‘Global Engineered Wood Market. The report provides a detailed outlook on how the pandemic has affected the key segments of the Engineered Wood Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Engineered Wood Market industry. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Engineered Wood Market
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Engineered Wood market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Louisiana-Pacific Corporation (LP), Boise Cascade Company, Shenzhen Risewell Industry Co., Ltd, Celulosa Arauco Y Constitucion SA, Weyerhaeuser Company, Huber Engineered Woods LLC, Norbord Inc., Universal Forest Products, Inc., Raute Groups and Patrick Industries, Inc
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Emergen Research has segmented the global Engineered Wood market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Plywood
- Glulam (Glued Laminated Timber)
- I-Beams
- Laminated Veneer Lumber (LVL)
- Cross Laminated Timber
- Others
Application Outlook (Revenue, USD Billion; 2019–2032)
- Furniture
- Construction
- Flooring
- Packaging
- Others
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- Commercial
- Residential
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Engineered Wood Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Engineered Wood Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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