December 5, 2022

US Secondary Wood Products Market Expected to Reach US$311.4 Billion by 2027 | 2.3% CAGR

According to the latest report of the IMARC group titled “US Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which includes information on U.S. Wood Products Secondary Market. The report also includes competitor and regional analysis, as well as contemporary market advancements. The U.S. secondary wood products market reached a value of US$272.8 billion in 2021. Looking ahead, IMARC Group expects the the market will reach US$311.4 billion by 2027, growing at a CAGR of 2.3% during the period 2022-2027.

Secondary wood products are made by processing primary wood products like pulp, lumber, and lumber. Also known as value-added wood products, they include wood furniture, such as wood pallets, wood kitchens, cabinets and counters, secondary paper products, and wood products. engineering. Currently, their demand is increasing in the United States due to the growth of construction and renovation activities, which represent almost a third of the total annual consumption.

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Like the novel coronavirus (COVID-19[feminine]) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the purchasing behavior of consumers around the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.

Market trends:

Rising population, high income levels, and growing demand for wood products in households are some of the major factors driving the growth of the market in the United States. Apart from this, there is an increase in the export of these products to various European and Asian countries due to European Union regulations on biofuels and increased construction activities in these economies. This positively influences the sales of secondary wood products, especially wood pellets and engineered wood panels, in the country.

View full report with table of contents and list of figures: https://www.imarcgroup.com/us-secondary-wood-products-market

Competitive landscape with key players:

The report has also analyzed the competitive landscape of the market with some of the key players.

  • Ashley Furniture Industries
  • Steel case
  • HNI Company
  • Herman Miller
  • Weyerhaeuser Company
  • Universal forest products

US Secondary Wood Products Market Segmentation:

Our report has categorized the market based on region and type.

Market Breakdown by Type:

  • wooden furniture
  • Engineered wood products
  • Secondary paper products
  • Others

Main highlights of the report:

  • Market performance
  • Market Outlook
  • Porter’s Five Forces Analysis
  • Market drivers and success factors
  • SWOT analysis
  • Value chain
  • Complete mapping of the competitive landscape

We update our reports, if you want the latest primary and secondary data (2022-2027) with cost module, business strategy, competitive landscape, etc. Click request a free sample report, the report will be emailed to you in PDF format within 24-48 hours of payment confirmation.

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The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

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