+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

North America Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 124 Pages
  • September 2023
  • Region: North America
  • IMARC Group
  • ID: 5682324
The North America secondary wood products market size reached US$ 216.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 244.3 Billion by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.

Secondary wood products, also known as value-added wood products, refer to the products that are manufactured by processing primary wood products such as lumber, timber, pulp, etc. Secondary wood products majorly include wood furniture such as wooden kitchen, cabinets and countertops, engineered wood products, wooden pallets, and secondary paper products.

The secondary wood products market in North America is majorly being driven by the growth of the construction sector. The economic reforms and expansion of commercial real estate has positively impacted the growth of the industry in this region. The low production costs of secondary wood products have increased their demand in both the residential and commercial building sectors. Moreover, North America has the availability of forest reserves in massive amounts. As a result, the raw materials procurement to manufacture these products is also hassle-free. In addition to this, North America is one of the fastest growing markets for engineered wood products such as laminated veneer lumber (LVL). Lucrative growth in engineered wood products segment offers significant growth prospects to the secondary wood products industry. Furthermore, North American wooden products are also gaining traction in the Asian and European markets.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each segment of the North America secondary wood products market report, along with forecasts at the regional and country levels from 2023-2028. The report has categorized the market based on type.

Breakup by Type:

  • Wood Furniture
  • Office Furniture
  • Household & Institution
  • Wooden Kitchen, Cabinets and Countertops
  • Others
  • Engineered Wood Products
  • Plywood
  • OSB
  • Particle Board
  • Others
  • Secondary Paper Products
  • Paper Products
  • Paperboard Containers
  • Others
Amongst these, wood furniture currently represents the biggest segment, accounting for the largest market share.

Breakup by Country:

  • United States
  • Canada
At present, the United States exhibits a clear dominance in the market.

Competitive Landscape:

The report has also examined the competitive landscape of North America secondary wood products market. Some of the major players include Ashley Furniture Industries, Steelcase, HNI Corporation, Herman Miller, Weyerhaeuser Company, etc.

Key Questions Answered in This Report:

  • How has the North America secondary wood products market performed so far and how will it perform in the coming years?
  • What are the key regions in the North America secondary wood products market?
  • What has been the impact of COVID-19 on the North America secondary wood products market?
  • Which are the popular product types in the North America secondary wood products market?
  • What are the various stages in the value chain of the North America secondary wood products industry?
  • What are the key driving factors and challenges in the North America secondary wood products industry?
  • What is the structure of the North America secondary wood products industry and who are the key players?
  • What is the degree of competition in the North America secondary wood products industry?
Frequently Asked Questions about the North American Secondary Wood Products Market

What is the estimated value of the North American Secondary Wood Products Market?

The North American Secondary Wood Products Market was estimated to be valued at $216.9 Billion in 2022.

What is the growth rate of the North American Secondary Wood Products Market?

The growth rate of the North American Secondary Wood Products Market is 2.0%, with an estimated value of $244.3 Billion by 2028.

What is the forecasted size of the North American Secondary Wood Products Market?

The North American Secondary Wood Products Market is estimated to be worth $244.3 Billion by 2028.

Who are the key companies in the North American Secondary Wood Products Market?

Key companies in the North American Secondary Wood Products Market include Ashley Furniture Industries, Steelcase, HNI Corporation, Herman Miller and Weyerhaeuser Company.

Table of Contents

1 Preface
2 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 North America Secondary Wood Products Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Breakup by Country
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Raw Material Procurement
5.8.3 Manufacturing
5.8.4 Marketing
5.8.5 Distribution
5.8.6 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Wood Furniture
6.1.1 Market Performance
6.1.2 Market Breakup by Type
6.1.2.1 Office Furniture
6.1.2.2 Household & Institution
6.1.2.3 Wooden Kitchen, Cabinets and Countertops
6.1.2.4 Others
6.1.3 Market Forecast
6.2 Engineered Wood Products
6.2.1 Market Performance
6.2.2 Market Breakup by Type
6.2.2.1 Plywood
6.2.2.2 OSB
6.2.2.3 Particle Board
6.2.2.4 Others
6.2.3 Market Forecast
6.3 Secondary Paper Products
6.3.1 Market Performance
6.3.2 Market Breakup by Type
6.3.2.1 Paper Products
6.3.2.2 Paperboard Containers
6.3.3 Market Forecast
6.4 Others
6.4.1 Market Performance
6.4.2 Market Forecast
7 Market Breakup by Country
7.1 United States
7.1.1 Market Performance
7.1.2 Market Forecast
7.2 Canada
7.2.1 Market Performance
7.2.2 Market Forecast
8 Secondary Wood Products Manufacturing Process
8.1 Products Overview
8.2 Raw Material Requirements
8.3 Manufacturing Process
8.4 Key Success and Risk Factors
9 Competitive Landscape
9.1 Market Structure
9.2 Key players
9.2.1 Ashley Furniture Industries
9.2.2 Steelcase
9.2.3 HNI Corporation
9.2.4 Herman Miller
9.2.5 Weyerhaeuser Company

Companies Mentioned

  • Ashley Furniture Industries
  • Steelcase
  • HNI Corporation
  • Herman Miller
  • Weyerhaeuser Company

Methodology

Loading
LOADING...