The North America laminated veneer lumber market size reached 2.24 Million Cubic Meters in 2024. Looking forward, the publisher expects the market to reach 2.64 Million Cubic Meters by 2033, exhibiting a growth rate (CAGR) of 1.75% during 2025-2033.
Laminated veneer lumber (LVL), also known as engineered lumber, stands for a layered composite of thin wooden panels fabricated together by adhesives. Cross-banded laminated veneer lumber and laminated strand lumber are the two distinctive types of LVL. Laminated veneer lumber is cost-effective, sustainable, strong, lightweight, uniform and has high structural reliability as compared to milled lumber. Owing to this, it is utilized for various structural purposes in wooden houses, industrial warehouses, public buildings and large prefabricated buildings.
North America represents one of the largest markets for laminated veneer lumber pertaining to the escalating demand from new residential housing projects in the region. Apart from this, increasing renovation activities together with the blooming furniture manufacturing sector have fueled the demand of LVL. Rising environmental concerns and government legislation towards the illegal trade of timber will continue to spur the market in the forthcoming years.
Laminated veneer lumber (LVL), also known as engineered lumber, stands for a layered composite of thin wooden panels fabricated together by adhesives. Cross-banded laminated veneer lumber and laminated strand lumber are the two distinctive types of LVL. Laminated veneer lumber is cost-effective, sustainable, strong, lightweight, uniform and has high structural reliability as compared to milled lumber. Owing to this, it is utilized for various structural purposes in wooden houses, industrial warehouses, public buildings and large prefabricated buildings.
North America represents one of the largest markets for laminated veneer lumber pertaining to the escalating demand from new residential housing projects in the region. Apart from this, increasing renovation activities together with the blooming furniture manufacturing sector have fueled the demand of LVL. Rising environmental concerns and government legislation towards the illegal trade of timber will continue to spur the market in the forthcoming years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the North America laminated veneer lumber market report, along with forecasts at the regional and country levels from 2025-2033. Our report has categorized the market based on application and sector.- Key Regions Analysed
- United States
- Canada
- Analysis for Each Country
- Market by Application
- Residential
- Commercial
- Market by Sector
- New Construction
- Replacement
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America laminated veneer lumber market performed so far and how will it perform in the coming years?
- What are the key regions in the North America laminated veneer lumber market?
- What has been the impact of COVID-19 on the North America laminated veneer lumber market?
- What is the breakup of the North America laminated veneer lumber market on the basis of application?
- What is the breakup of the North America laminated veneer lumber market on the basis of sector?
- What are the various stages in the value chain of the North America laminated veneer lumber industry?
- What are the key driving factors and challenges in the North America laminated veneer lumber industry?
- What is the structure of the North America laminated veneer lumber industry and who are the key players?
- What is the degree of competition in the North America laminated veneer lumber industry?
- What are the profit margins in the North America laminated veneer lumber industry?
Table of Contents
1 Preface2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Laminated Veneer Lumber Market
5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Sector
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Laminated Veneer Lumber Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America Laminated Veneer Lumber Market: Breakup by Application
7.1 Residential
7.2 Commercial
8 North America Laminated Veneer Lumber Market: Breakup by Sector
8.1 New Construction
8.2 Replacement
9 North America Laminated Veneer Lumber Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Application
9.1.3 Market Breakup by Sector
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Application
9.2.3 Market Breakup by Sector
9.2.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Forest Owners
11.3 Sawmills
11.4 LVL Manufacturers
11.5 Distributors and Retailers
11.6 Exporters
11.7 End-Users
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: North America: Laminated Veneer Lumber Market: Major Drivers and Challenges
Figure 2: Global: Laminated Veneer Lumber Market: Volume Trends (in Million Cubic Meters), 2019-2024
Figure 3: Global: Laminated Veneer Lumber Market: Breakup by Application (in %), 2024
Figure 4: Global: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2024
Figure 5: Global: Laminated Veneer Lumber Market: Breakup by Region (in %), 2024
Figure 6: Global: Laminated Veneer Lumber Market Forecast: Volume Trends (in Million Cubic Meters), 2025-2033
Figure 7: North America: Laminated Veneer Lumber Market: Volume Trends (in Million Cubic Meters), 2019-2024
Figure 8: North America: Laminated Veneer Lumber Market Forecast: Volume Trends (in Million Cubic Meters), 2025-2033
Figure 9: North America: Laminated Veneer Lumber Market: Breakup by Application (in %), 2024
Figure 10: North America: Laminated Veneer Lumber (Residential) Market: Volume Trends (in ‘000 Cubic Meters), 2019 & 2024
Figure 11: North America: Laminated Veneer Lumber (Residential) Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 12: North America: Laminated Veneer Lumber (Commercial) Market: Volume Trends (in ‘000 Cubic Meters), 2019 & 2024
Figure 13: North America: Laminated Veneer Lumber (Commercial) Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 14: North America: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2024
Figure 15: North America: Laminated Veneer Lumber (New Construction) Market: Volume Trends (in ‘000 Cubic Meters), 2019 & 2024
Figure 16: North America: Laminated Veneer Lumber (New Construction) Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 17: North America: Laminated Veneer Lumber (Replacement) Market: Volume Trends (in ‘000 Cubic Meters), 2019 & 2024
Figure 18: North America: Laminated Veneer Lumber (Replacement) Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 19: North America: Laminated Veneer Lumber Market: Breakup by Country (in %), 2024
Figure 20: United States: Laminated Veneer Lumber Market: Volume Trends (in ‘000 Cubic Meters), 2019-2024
Figure 21: United States: Laminated Veneer Lumber Market: Breakup by Application (in %), 2024
Figure 22: United States: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2024
Figure 23: United States: Laminated Veneer Lumber Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 24: Canada: Laminated Veneer Lumber Market: Volume Trends (in ‘000 Cubic Meters), 2019-2024
Figure 25: Canada: Laminated Veneer Lumber Market: Breakup by Application (in %), 2024
Figure 26: Canada: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2024
Figure 27: Canada: Laminated Veneer Lumber Market Forecast: Volume Trends (in ‘000 Cubic Meters), 2025-2033
Figure 28: North America: Laminated Veneer Lumber Industry: SWOT Analysis
Figure 29: North America: Laminated Veneer Lumber Industry: Value Chain Analysis
Figure 30: North America: Laminated Veneer Lumber Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Laminated Veneer Lumber Market: Key Industry Highlights, 2024 and 2033
Table 2: North America: Laminated Veneer Lumber Market Forecast: Breakup by Application (in ‘000 Cubic Meters), 2025-2033
Table 3: North America: Laminated Veneer Lumber Market Forecast: Breakup by Sector (in ‘000 Cubic Meters), 2025-2033
Table 4: North America: Laminated Veneer Lumber Market Forecast: Breakup by Country (in ‘000 Cubic Meters), 2025-2033
Table 5: North America: Laminated Veneer Lumber Market: Competitive Structure
Table 6: North America: Laminated Veneer Lumber Market: Key Players
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 121 |
| Published | August 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value in 2024 | 2.24 Cubic Meters Million |
| Forecasted Market Value by 2033 | 2.64 Cubic Meters Million |
| Compound Annual Growth Rate | 1.8% |
| Regions Covered | North America |
