Logs Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The logs market size reached around 1.91 Billion Cubic Meters in 2024. The market is projected to grow at a CAGR of 3.60% between 2025 and 2034 to reach nearly 2.72 Billion Cubic Meters by 2034.

Global Logs Market Growth

Every year, around 4 billion cubic meters of wood are produced worldwide. The United States is the world's largest producer of wood, with 292.1 million cubic meters produced per year. With 225.7 million cubic meters of wood, including hardwoods and softwoods, China is the second-largest producer of wood, leading to the logs market expansion. Countries that export wood make significant contributions to the global wood market and economic growth. The top five wood exporters are the United States, Canada, Poland, Germany, and China.

The worldwide construction sector is expected to reach USD 15.2 trillion by 2030, as per data from Marsh. Additionally, the firm projects that the top 10 global construction markets will account for 70% of the growth over the same time period, with China, India, the US, and Indonesia alone accounting for 60% of the growth. As per the logs market analysis, logs are widely used in the construction sector for roofing, flooring, structural beams, and framing in buildings due to their strength and longevity. Timber logs provide building insulation, are renewable, and enhance the visual attractiveness of buildings. Log-derived engineered wood products, including plywood and laminated beams, are used in a variety of building materials that support environmentally friendly building trends and promote sustainable practices in the construction sector.

Key Trends and Developments

The global logs market growth can be attributed to the growth of the construction sector, expansion of the furniture sector, surging production of paper and pulp, and rising demand for renewable energy

September 2024

Ning Zeng, a professor of atmospheric and oceanic science at the University of Maryland, led a team of researchers that examined a 3,775-year-old log and the soil it was dug out of. According to their investigation, this common old log may aid in improving climate change mitigation techniques.

May 2024

In its 2023 sustainability report, West Fraser Timber Co. Ltd. highlighted its progress toward environmental, social, and governance goals. The company also highlighted its goals for 2024 to establish cooperative stewardship agreements with some First Nations to aid in improving the emissions profile.

May 2022

Weyerhaeuser Company, an American timberland company, completed the acquisition of 80,800 acres of premium timberlands in North and South Carolina for D 265 million from a Campbell Global-managed fund, leading to the logs market expansion.

Rise in Global Population

As the global population grows, there is a greater need for wood for consumer goods, infrastructure, and housing. Growing populations, especially in emerging economies, fuel a steady demand for logs.

Growth of the Construction Sector

The demand for logs is driven by an increase in worldwide construction activities, particularly in developing nations. Timber is a necessary component of building materials and is driving the market expansion as housing, infrastructure, and urban development projects spread across the globe.

Expansion of the Furniture Sector

Some of the notable logs market trends are the expansion of the furniture sector and the rising demand for timber furniture. Growing disposable incomes and shifting lifestyle preferences favour high-quality wood items, which promotes the use of wood in furniture production and fuels demand for the commodity worldwide.

Increasing Production of Paper and Pulp

Wood logs are a major source of raw materials for the paper and pulp sector. Despite the influence of digitalisation on demand, the expansion of the market worldwide is still supported by areas such as packaging and speciality papers.

Growing Demand for Renewable Energy

As wood logs provide a renewable energy source, they are utilised in the production of bioenergy. Demand for biomass production is increased by the move to sustainable energy sources, particularly in areas that want to consume fewer fossil fuels.

Global Logs Market Trends

Significant trends in the market are being influenced by shifting customer choices, technology breakthroughs, and environmental concerns. A growth in certified and ethically harvested wood is a result of governments and consumers placing a greater emphasis on sustainable forestry methods. Technological advancements in logging machinery and procedures have increased productivity and decreased environmental effects, consequently boosting the logs market expansion.

Furthermore, the need for timber in infrastructure and buildings is being driven by population increase and urbanisation, especially in emerging economies. The need for logs is also being increased by the growth of wood-based bioenergy for renewable energy sources. The market expansion is further aided by the increased demand for natural wood products in the furniture and interior design sectors.

Global Logs Industry Segmentation

The report titled “Global Logs Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

• Hardwood
• Oak
• Maple
• Cherry
• Walnut
• Mahogany
• Others
• Softwood
• Cedar
• Fir
• Pine redwood
• Others

Market Breakup by Application:

• Furniture
• Building and construction
• Flooring
• Packaging
• Others

Market Breakup by End Use:

• Residential
• Commercial

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Logs Market Share

Based on type, the market is segmented into hardwood and softwood. The hardwood segment is projected to grow at a CAGR of 4.0% during the forecast period. Deciduous, broad-leaved trees like oak and maple are the source of hardwood. Due to its dense, robust structure and reputation for strength and longevity, it is frequently used in flooring, furniture, and buildings.

Leading Companies in the Global Logs Market

Major players are focusing on the adoption of sustainable production practices to gain a competitive edge, increasing the logs market value.

Weyerhaeuser Company

One of the biggest private forest owners, Weyerhaeuser was established in 1900 and is headquartered in Seattle, Washington, United States. The company serves a variety of sectors, including the pulp, paper, and construction sectors, and specialises in sustainable forestry and wood products.

West Fraser Timber Co. Ltd.

Founded in 1955 and with its main office in Vancouver, Canada, West Fraser Timber is a significant manufacturer of pulp, timber, and wood panels. The company supports international building markets by operating mills throughout North America and emphasising sustainable forestry.

Canfor Corporation

Canfor Corporation, a major provider of lumber, pulp, and paper goods, was established in 1938 and has its headquarters in Vancouver, Canada. Serving international markets, the company operates in Canada, the United States, and Europe and places a high priority on sustainable forest management.

Interfor Corporation

One of the biggest timber producers in North America, Interfor Corporation was established in 1963 and has its headquarters in Canada. With a concentration on producing high-quality wood products for the global building and construction sectors, the company runs mills in both Canada and the United States.

Other major players in the market are Stora Enso, Arauco, UPM-Kymmene Corporation, PotlatchDeltic Corporation, Rayonier Inc., and Boise Cascade, among others.