Sawmills & Wood Production in the US - Industry Market Research Report

Falling leaves: Struggling residential construction will likely damage industry revenue generation from its largest market

Sawmills & Wood Production in the US

Operators in the Sawmills and Wood Production industry cut and treat lumber, boards, beams and other wood products. As the national desire for wood relies heavily on overall construction activity, rising housing starts and the value of nonresidential construction caused industry revenue to grow strongly until 2022, especially during the COVID-19 (coronavirus) pandemic. Consumers spending more time at home and switching to single-use paperware both supported wood processing companies. Still, nonresidential construction declined during the same period; wood is used less frequently in industrial and office structures, but slowing economic activity still cut deep. Despite swaying in the gales of economic panic, sawmills expanded an average annual 1.7% and sold a total of $45.8 billion in wood in 2023.

Companies in this industry primarily saw dimension lumber, boards, beams, bolts, poles, shingles, siding and wood chips from logs. Industry operators also chemically treat lumber to preserve and protect it from fire, moisture, mold and insects. This industry excludes establishments that plane purchased lumber and manufacture shapes, veneer and engineered lumber products and cut and transport timber.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.