Engineered wood products market: Historic industry size & analysis of 15 vendors and 7 countries - Technavio

NEW YORK, Dec. 12, 2022 /PRNewswire/ -- The engineered wood products market size is forecast to increase by USD 6349.29 million from 2022 to 2027, at a CAGR of 6.8%, according to the recent market study by Technavio. The growth of the market will be driven by increasing residential and commercial construction, the demand for environmentally friendly and durable flooring, and the use of engineered wood as an alternative to sawn wood.

Technavio categorizes the global engineered wood products market as a part of the forest products market, which covers categories such as industrial roundwood, sawn wood, wood-based panels, fiber furnish, wood fuel, charcoal, and pellets. Technavio calculates the global paper and forest products market size based on combined revenue generated by manufacturers of forest and paper products.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Boise Cascade Co., Celulosa Arauco y Constitucion SA, Georgia Pacific LLC, Greenply Industries Ltd., Huber Engineered Woods LLC, J M Huber Corp., Kahrs, Lampert Lumber, Louisiana Pacific Corp., Lowes Companies Inc., M.Y. Timber Co. Ltd, Raute Corp., RH Group, Rockshield Engineered Wood Products ULC.

Key Benefits for Industry Players & Stakeholders –

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

Download the sample to get a holistic overview of the engineered wood products market by industry experts to evaluate and develop growth strategies.

The market is segmented by product (structural wood I-beams, glued laminated timber, LVL, and others), application (construction, furniture, and others), and geography (Europe, North America, APAC, the Middle East and Africa, and South America).

Segmentation by product (Inclusion/Exclusion)

• Inclusion: 
• Structural wood I-beams:

The structural wood I-beams segment grew gradually by USD 5,106.15 million in 2017 and continued to grow till 2021. Structural wood I-beams are of high strength. They offer excellent straightness, constant depth, and high dimensional stability. Such benefits have increased their use in the manufacture of supporting structures and in load-bearing commercial and residential applications. To manufacture these beams, many regional and international quality standards are to be followed. For instance, in Australia and New Zealand, these woods have to comply with the quality standards imposed by the AS/NZ 4063 Structural Products, Strength and Stiffness Evaluation. Such factors are creating the demand for structural wood I-beams, which is driving the growth of the segment.

To get detailed insights about inclusions and exclusions, buy now.

Related Reports –

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• The composite decking market is estimated to grow at a CAGR of 14.1% between 2022 and 2027. The size of the market is forecast to increase by USD 2,275.99 million. The revival of the construction industry is notably driving the composite decking market growth, although factors such as the availability of substitutes may impede the market growth.

What are the key data covered in engineered wood products market?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the engineered wood products market between 2023 and 2027
• Precise estimation of the size of the engineered wood products market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the cloud data warehouse market industry across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of engineered wood products market vendors

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global engineered wood products market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global engineered wood products market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Structural wood I-beams - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Structural wood I-beams - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Structural wood I-beams - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Structural wood I-beams - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Structural wood I-beams - Year-over-year growth 2022-2027 (%)

• 6.4 Glued laminated timber (Glulam) - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Glued laminated timber (Glulam) - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Glued laminated timber (Glulam) - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Glued laminated timber (Glulam) - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Glued laminated timber (Glulam) - Year-over-year growth 2022-2027 (%)

• 6.5 LVL - Market size and forecast 2022-2027 
• Exhibit 42: Chart on LVL - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on LVL - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on LVL - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on LVL - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by Product 
• Exhibit 50: Market opportunity by Product ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 51: Chart on Application - Market share 2022-2027 (%)
• Exhibit 52: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 53: Chart on Comparison by Application
• Exhibit 54: Data Table on Comparison by Application

• 7.3 Construction - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Construction - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Construction - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Construction - Year-over-year growth 2022-2027 (%)

• 7.4 Furniture - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Furniture - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Furniture - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Furniture - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Furniture - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 Europe - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027 
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027 
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Boise Cascade Co.
• Exhibit 120: Boise Cascade Co. - Overview
• Exhibit 121: Boise Cascade Co. - Business segments
• Exhibit 122: Boise Cascade Co. - Key offerings
• Exhibit 123: Boise Cascade Co. - Segment focus

• 12.4 Celulosa Arauco y Constitucion SA 
• Exhibit 124: Celulosa Arauco y Constitucion SA - Overview
• Exhibit 125: Celulosa Arauco y Constitucion SA - Business segments
• Exhibit 126: Celulosa Arauco y Constitucion SA - Key news
• Exhibit 127: Celulosa Arauco y Constitucion SA - Key offerings
• Exhibit 128: Celulosa Arauco y Constitucion SA - Segment focus

• 12.5 Huber Engineered Woods LLC 
• Exhibit 129: Huber Engineered Woods LLC - Overview
• Exhibit 130: Huber Engineered Woods LLC - Product / Service
• Exhibit 131: Huber Engineered Woods LLC - Key offerings

• 12.6 J M Huber Corp.
• Exhibit 132: J M Huber Corp. - Overview
• Exhibit 133: J M Huber Corp. - Product / Service
• Exhibit 134: J M Huber Corp. - Key offerings

• 12.7 Kahrs
• Exhibit 135: Kahrs - Overview
• Exhibit 136: Kahrs - Product / Service
• Exhibit 137: Kahrs - Key offerings

• 12.8 Lampert Lumber
• Exhibit 138: Lampert Lumber - Overview
• Exhibit 139: Lampert Lumber - Product / Service
• Exhibit 140: Lampert Lumber - Key offerings

• 12.9 Louisiana Pacific Corp. 
• Exhibit 141: Louisiana Pacific Corp. - Overview
• Exhibit 142: Louisiana Pacific Corp. - Business segments
• Exhibit 143: Louisiana Pacific Corp. - Key news
• Exhibit 144: Louisiana Pacific Corp. - Key offerings
• Exhibit 145: Louisiana Pacific Corp. - Segment focus

• 12.10 Lowes Companies Inc.
• Exhibit 146: Lowes Companies Inc. - Overview
• Exhibit 147: Lowes Companies Inc. - Product / Service
• Exhibit 148: Lowes Companies Inc. - Key offerings

• 12.11 M.Y. Timber Co. Ltd
• Exhibit 149: M.Y. Timber Co. Ltd - Overview
• Exhibit 150: M.Y. Timber Co. Ltd - Product / Service
• Exhibit 151: M.Y. Timber Co. Ltd - Key offerings

• 12.12 Raute Corp.
• Exhibit 152: Raute Corp. - Overview
• Exhibit 153: Raute Corp. - Business segments
• Exhibit 154: Raute Corp. - Key offerings
• Exhibit 155: Raute Corp. - Segment focus

• 12.13 Rockshield Engineered Wood Products ULC 
• Exhibit 156: Rockshield Engineered Wood Products ULC - Overview
• Exhibit 157: Rockshield Engineered Wood Products ULC - Product / Service
• Exhibit 158: Rockshield Engineered Wood Products ULC - Key offerings

• 12.14 Roseburg Forest Products Co. 
• Exhibit 159: Roseburg Forest Products Co. - Overview
• Exhibit 160: Roseburg Forest Products Co. - Product / Service
• Exhibit 161: Roseburg Forest Products Co. - Key news
• Exhibit 162: Roseburg Forest Products Co. - Key offerings

• 12.15 Universal Forest Products Inc. 
• Exhibit 163: Universal Forest Products Inc. - Overview
• Exhibit 164: Universal Forest Products Inc. - Product / Service
• Exhibit 165: Universal Forest Products Inc. - Key offerings

• 12.16 West Fraser Timber Co. Ltd. 
• Exhibit 166: West Fraser Timber Co. Ltd. - Overview
• Exhibit 167: West Fraser Timber Co. Ltd. - Business segments
• Exhibit 168: West Fraser Timber Co. Ltd. - Key news
• Exhibit 169: West Fraser Timber Co. Ltd. - Key offerings
• Exhibit 170: West Fraser Timber Co. Ltd. - Segment focus

• 12.17 Weyerhaeuser Co.
• Exhibit 171: Weyerhaeuser Co. - Overview
• Exhibit 172: Weyerhaeuser Co. - Business segments
• Exhibit 173: Weyerhaeuser Co. - Key news
• Exhibit 174: Weyerhaeuser Co. - Key offerings
• Exhibit 175: Weyerhaeuser Co. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 13.5 List of abbreviations 
• Exhibit 182: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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