December 2, 2021

North American Wood Products Market Over $ 229 Billion: News and Forecast (2021-2025) with COVID-19 Impact Analysis – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD) – The report “North America Wood Products Market (Softwood Lumber, Oriented Strand Board & Plywood): Information and Forecast with Potential Impact of COVID-19 (2021-2025)” has been added To ResearchAndMarkets.com offer.

The North American wood products market is expected to reach US $ 229.27 billion by 2025, growing at a CAGR of 6.75% over the period 2021-2025.

Factors such as population growth, the intensification of new residential construction, the wide availability of forest reserves, the growing demand for wooden furniture in offices and the growing inclination of the population towards home repair and renovation would stimulate the market growth.

However, growth would be compromised by fluctuations in North American softwood lumber prices and the increasing availability of alternatives for wood products. Some notable trends include an acceleration in the preference for engineered wood, an increase in housing starts, increasing investment in the development and renovation of tourism infrastructure, and a resumption in the manufacturing of wood products.

Market segmentation

Depending on the type, the demand for wood products in North America can be divided into two categories: softwood lumber and engineered wood products (EWP).

The region’s fastest growing market is the United States, owing to the growing inclination of the population towards home repair and renovation, a rebound in new residential construction, the strong presence of forest reserves in the region, increasing disposable income and a resumption of wood product manufacturing due to the aesthetic properties of wood and the perception of wood as an environmentally friendly material.

In addition, the sudden outbreak of COVID-19 is disrupting the business environment, affecting the production and consumption of wood products, causing the growth of the wood products market in North America to slow.

Scope of the report

  • The report provides a comprehensive analysis of the North American wood products market.

  • The main national markets (United States and Canada) were analyzed.

  • Market dynamics such as growth drivers, market trends and challenges are analyzed in depth.

  • The competitive landscape of the market, along with the company profiles of major players (Weyerhaeuser Company, West Fraser Timber Co. Ltd., Canfor Corporation, Louisiana-Pacific Corporation, Interfor Corporation, and Conifex Timber Inc.) are also presented in detail.

Key topics covered

1. Market overview

1.1 Introduction

1.2 Categorization of wood products

1.3 Simplified classification of wood products

1.4 Main types of wood products

1.5 Wood manufacturing process

1.6 Stratification of softwood lumber

1.7 Advantages of wood products

1.8 Thickness Oriented Strand Board Applications

2. Impact of COVID-19

2.1 Decrease in consumption of raw wood

2.2 Decline in construction activities

2.3 Reduction in global real estate investments

2.4 Fall in furniture store sales

2.5 Decrease in OSB shipments to North America

3. Market analysis in North America

3.1 North America Wood Products Market by Value

3.2 North America Wood Products Market Forecast by Value

3.3 North America Wood Products Demand Volume

3.4 North America Wood Products Demand Volume Forecast

3.5 North America Wood Products Demand by Type

3.5.1 North America Softwood Lumber Products Demand by Volume

3.5.2 North America Softwood Lumber Products Demand Forecast by Volume

3.5.3 North America Softwood Lumber Products Demand Volume by End Use

3.5.4 North America Softwood Lumber Products Demand Volume Forecast by End Use

3.5.5 North America Engineered Wood Products Demand by Volume

3.5.6 North America Engineered Wood Products Demand Forecast by Volume

3.5.7 North America Engineered Wood Products Demand by Type

3.5.8 North America Oriented Chipboard Wood Products Demand in Volume

3.5.9 North America Oriented Chipboard Wood Products Demand Forecast by Volume

3.5.10 North America Oriented Chipboard Wood Products Demand Volume by End Use

3.5.11 North America Oriented Chipboard Wood Products Demand Volume Forecast by End Use

3.5.12 North America Plywood Product Demand by Volume

3.5.13 North America Plywood Product Demand Forecast by Volume

3.5.14 North America Plywood Product Demand Volume by End Use

3.5.15 North America Plywood Product Demand Volume Forecast by End Use

3.5.16 North America Other Engineered Wood Products Demand by Volume

3.5.17 North America Other Engineered Wood Products Demand Forecast by Volume

3.6 North America I-Joist Production by Volume

3.7 North America Laminated Veneer Production by Volume

3.8 North America Medium Density Fiberboard Production by Volume

3.9 North America Softwood Lumber Demand by Countries

3.10 North America Oriented Chipboard Demand by Countries

3.11 North America Plywood Demand by Countries

4. Country market analysis

4.1 United States

4.1.1 Forecasted US Softwood Lumber Products Demand by Volume

4.1.2 The United States Softwood Lumber Products Demand Volume by End Use

4.1.3 US Oriented Chipboard Wood Products Demand Forecast by Volume

4.1.4 The US Oriented Chipboard Wood Products Demand Volume by End Use

4.1.5 Forecasted United States Plywood Product Demand by Volume

4.2 Canada

4.2.1 Forecasted Canadian Softwood Lumber Products Demand by Volume

4.2.2 Canadian Softwood Lumber Products Demand Volume by End Use

4.2.3 Canada Oriented Chipboard Wood Products Demand Forecast by Volume

4.2.4 Canada Oriented Chipboard Product Demand Volume by End Use

4.2.5 Canada Plywood Product Demand Forecast by Volume

5. Market dynamics

5.1 Growth drivers

5.1.1 Growing population

5.1.2 The escalation of new residential construction

5.1.3 High availability of the forest reserve

5.1.4 Growing demand for wooden furniture in offices

5.1.5 Increase disposable income

5.1.6 Growing trend towards home repair and renovation

5.2 Key trends and developments

5.2.1 Acceleration of preference for engineered wood

5.2.2 Rise in housing starts

5.2.3 Growing investment in the development and renovation of tourism infrastructure

5.2.4 Resumption of manufacturing of wood products

5.2.5 Assembly adoption for biomass power generation

5.3 challenges

5.3.1 North American Softwood Lumber Price Fluctuations

5.3.2 Growing availability of alternatives

6. Competitive landscape

6.1 North American market

6.1.1 Comparison of the revenues of the main players

6.1.2 Comparison of the market capitalization of the main players

6.1.3 North America Softwood Lumber Market Share by Major Players

6.1.4 North America Oriented Strand Board (OSB) Market Share by Major Players

6.1.5 North America Plywood Market Share by Major Players

7. Company profiles

7.1 Weyerhaeuser company

7.1.1 Company overview

7.1.2 Financial overview

7.1.3 Business strategies

7.2 West Fraser Timber Co. Ltd.

7.2.1 Company overview

7.2.2 Financial overview

7.2.3 Business strategies

7.3 Canfor Corporation

7.3.1 Company Overview

7.3.2 Financial overview

7.3.3 Business strategies

7.4 Louisiana-Pacific Corporation

7.4.1 Company overview

7.4.2 Financial overview

7.4.3 Business strategies

7.5 Interfor company

7.5.1 Company overview

7.5.2 Financial overview

7.5.3 Business strategies

7.6 Bois Conifex Inc.

7.6.1 Company overview

7.6.2 Financial overview

7.6.3 Business strategies

For more information on this report, visit https://www.researchandmarkets.com/r/saad80


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