| Study Period | 2019 - 2030 |
| Market Volume (2025) | 2.15 Million cubic meters |
| Market Volume (2030) | 3.69 Million cubic meters |
| CAGR | 11.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Cross Laminated Timber Market Analysis
The Cross Laminated Timber Market size is estimated at 2.15 Million cubic meters in 2025, and is expected to reach 3.69 Million cubic meters by 2030, at a CAGR of 11.45% during the forecast period (2025-2030).
The COVID-19 pandemic negatively impacted the market in 2020 since construction work and other activities were put on hold to curb the spreading of the virus. However, the market is projected to grow steadily, owing to increased construction activities in 2021.
- Shifting consumer preferences towards sustainable building materials and the growing modular construction with government financial support are the major factors driving the growth of the cross-laminated timber market.
- However, the moisture-absorption-related risks of the material are the key factors anticipated to restrain the growth of the target industry during the forecast period.
- However, the technological advancements and innovations in CLT manufacturing will soon create growth opportunities in the global market.
- Europe dominates the cross laminated timber market globally, with the largest consumption from the United Kingdom and Germany.
Cross Laminated Timber Market Trends
Residential Segment to Dominate the Market
- Cross-laminated timber (CLT) is considered as the concrete of the future. CLT is a resilient engineered wood formed by gluing layers of solid-sawn lumber and is increasingly being used in modern architecture and design. Unlike concrete, which is rigid, CLT boasts a high degree of flexibility, requiring significant deformation before breaking or collapsing. This unique characteristic, combined with its warmth and natural properties, makes CLT a preferred choice in construction.
- CLT was added to the International Building Code (IBC) in 2015. In a significant move, the ICC approved 14 code changes in the 2021 IBC, permitting mass timber structures to rise up to 18 stories. These changes introduced three new construction types—IV-A, IV-B, and IV-C—highlighting the association of heavy timber, whether sawn lumber or structural glue-laminated timber, with Type IV construction.
- Laminated timber joins boards to create a unified structural unit. CLT enhances this by stacking boards in perpendicular layers, enabling the creation of expansive plates, surfaces, or walls. Traditionally, constructing a high-rise requires materials like iron, steel, cement, and concrete—known for their strength and durability but also for their significant carbon footprint. However, some builders are now turning to conventional materials, like wood, to erect these towering structures.
- The Ascent in Milwaukee, the world's tallest timber-concrete hybrid building, exemplifies this trend. It features 19 stories of mass timber over a six-story concrete parking structure. The architect highlights CLT's benefits, including significant carbon sequestration. The Ascent offsets 7,200 metric tons of CO2, equivalent to removing 2,400 cars from the road for a year.
- CLT locks carbon into buildings and avoids emissions from steel and cement, which produce 15% of global greenhouse gases. However, sustainable forest management is crucial. CLT is still rare in the United States, but changes in building codes and projects by multinational companies are driving momentum. There are currently 15 tall CLT projects in the United States, with more planned, including a new high-rise in St. Louis by AHM Group. Such projects aim to inspire similar climate-friendly constructions.
- In January 2025, Polyhaus was introduced as a metal-clad cross-laminated timber (CLT) system to create low-cost, high-quality housing in California. The system optimizes space with a truncated polyhedron shape, resulting in a 440-square-foot ground floor and a 100-square-foot mezzanine. The structure uses 64 Douglas fir CLT panels, reducing redundancy compared to traditional stud-frame houses. The designers plan to license the Polyhaus system to builders, aiming to address housing shortages and promote flexible, multigenerational living spaces.
- Considering the above-mentioned facts and figures, the increasing demand for cross laminated timber in the residential construction segment will likely have the most significant impact during the forecast period.
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Europe is Expected to Dominate the Market
- Europe dominates the global market share. With the growing construction sector in countries such as the United Kingdom, Germany, Italy, and France, the utilization of cross-laminated timber is increasing.
- In Germany, the design and application of CLT structures follow the guidelines of DIN EN 1995-1-1 (Eurocode 5), which focuses on timber structure design. DIN EN 1995-1-1 states that CLT elements are apt for service classes 1 and 2. This designation indicates their suitability for fully enclosed, heated structures or covered open structures shielded from direct weather.
- Regarding fire safety, CLT elements fall under building material class B2 per DIN 4102-1 and fire behavior class D-s2,d0 according to EN 13501-1. By augmenting wall thickness or increasing layers, CLT's fire resistance can be boosted to last between 60 and 90 minutes.
- In October 2024, responding to surging demand for cross-laminated timber (CLT), Pfeifer, a prominent wood processing company, ramped up its production in Schlitz, Germany. Recently, Pfeifer delivered approximately 1,500 m³ of CLT for the "Food Garden", a new culinary attraction at the Main-Taunus-Zentrum open-air shopping center.
- In the United Kingdom, cross-laminated timber (CLT) construction adheres to strict standards to guarantee safety and durability. CLT panels must meet the BS EN 16351:2021 standard, which details requirements for timber structures, covering both performance and manufacturing.
- The National House Building Council (NHBC) offers comprehensive guidance on CLT usage. NHBC Standards mandate that CLT panels be produced and marked in accordance with BS EN 16351. Depending on their use, panels should be crafted from naturally durable materials or treated. For external walls, CLT must be used under service class 1 conditions, akin to traditional timber frames, and should be covered with plaster or fire boards to align with fire safety guidelines. NHBC limits CLT usage to residential buildings, capping them at seven storeys or 18 meters in height.
- In February 2025, Construction Scotland Innovation Centre (CSIC) unveiled the UK's inaugural cross-laminated timber (CLT) crafted from hardwood. This innovative material is set to grace the London Design Festival's flagship pavilion at the Victoria and Albert's Sackler Courtyard which will be named MultiPly.
- MultiPly, a highlight of the London Design Festival, seeks to demonstrate how modular systems, built from sustainable materials, can tackle climate change challenges and the pressing housing shortage.
- Additionally, in March 2024, work commenced on a new seven-storey building in Cardiff city centre, designed as a cross-laminated timber (CLT) structure. This CLT block will include 39 affordable apartments for social rent and two commercial units.
- Considering the above-mentioned facts and figures, Europe will likely dominate the market during the forecast period.
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Cross Laminated Timber Industry Overview
The cross laminated timber market is consolidated in nature. The major players in the market (not in any particular order) include Binderholz GmbH, Stora Enso, Mercer International Inc., Mayr-Melnhof Holz Holding AG, and KLH Massivholz GmbH, among others.
Cross Laminated Timber Market Leaders
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Binderholz GmbH
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Stora Enso
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Mayr-Melnhof Holz Holding AG
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Mercer International Inc.
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KLH Massivholz GmbH
- *Disclaimer: Major Players sorted in no particular order
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Cross Laminated Timber Market News
- February 2024: Schilliger Holz AG has commenced cross-laminated timber (CLT) production at its Volgelsheim plant. The planned total output is expected to be around 40,000m2 per year. The panels from Schilliger Bois SAS are intended for the European market.
- June 2023: Mercer Mass Timber, a subsidiary of Mercer International Inc. and a low-carbon advanced manufacturer of timber building materials, has successfully completed the acquisition of Structurlam Mass Timber Corporation and its subsidiaries (“Structurlam“). This strategic move enables the company to broaden its mass timber product offerings and enhance project support by increasing its cross-laminated timber (CLT) capacity.
- February 2023: Hasslacher Holding GmbH has acquired a significant stake in Egoin Wood Group. With production sites in Ea (Biscay) and Legutio (Araba), this globally engaged company has more than 30 years of experience in the creation of construction timber solutions. The current overall production capacity for engineered wood products at Egoin Wood Group is 22,000 m3 (14,000 m3 cross-laminated timber and 8,000 m3 glulam), but that capacity is anticipated to increase to up to 52,000 m3 when the third cross-laminated timber plant in Legutio starts up in mid-2023.
Cross Laminated Timber Industry Segmentation
Cross laminated timber consists of sawn, glued, and layered wood planks, where each layer is oriented perpendicular to the previous. By joining layers of wood at perpendicular angles, structural rigidity for the panel is obtained in both directions, similar to plywood but with thicker components.
The cross laminated timber market is segmented on the basis of type, application, and geography. By type, the market is segmented into adhesive bonded and mechanically fastened. By application, the market is segmented into residential and non-residential. The report also covers the market sizes and forecasts for the cross laminated timber market in 27 countries across the major regions. For each segment, the market sizing and forecasts are done based on volume (Thousand Cubic Meters).
| Type | Adhesive Bonded | ||
| Mechanically Fastened | |||
| Application | Residential | ||
| Non-residential | Commercial | ||
| Industrial/Institutional | |||
| Other Applications (Military Housing, Emergency Shelters, Event Structures) | |||
| Geography | Asia-Pacific | China | |
| India | |||
| Japan | |||
| South Korea | |||
| Thailand | |||
| Vietnam | |||
| Malaysia | |||
| Indonesia | |||
| Rest of Asia-Pacific | |||
| North America | United States | ||
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Russia | |||
| NORDIC Countries | |||
| Turkey | |||
| Rest of Europe | |||
| South America | Brazil | ||
| Argentina | |||
| Colombia | |||
| Rest of South America | |||
| Middle East and Africa | Saudi Arabia | ||
| South Africa | |||
| United Arab Emirates | |||
| Qatar | |||
| Nigeria | |||
| Egypt | |||
| Rest of Middle East and Africa | |||
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Cross Laminated Timber Market Research Faqs
How big is the Cross Laminated Timber Market?
The Cross Laminated Timber Market size is expected to reach 2.15 million cubic meters in 2025 and grow at a CAGR of 11.45% to reach 3.69 million cubic meters by 2030.
What is the current Cross Laminated Timber Market size?
In 2025, the Cross Laminated Timber Market size is expected to reach 2.15 million cubic meters.
Who are the key players in Cross Laminated Timber Market?
Binderholz GmbH, Stora Enso, Mayr-Melnhof Holz Holding AG, Mercer International Inc. and KLH Massivholz GmbH are the major companies operating in the Cross Laminated Timber Market.
Which is the fastest growing region in Cross Laminated Timber Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2030).
Which region has the biggest share in Cross Laminated Timber Market?
In 2024, the Europe accounts for the largest market share in Cross Laminated Timber Market.
What years does this Cross Laminated Timber Market cover, and what was the market size in 2023?
In 2023, the Cross Laminated Timber Market size was estimated at 1.90 million cubic meters. The report covers the Cross Laminated Timber Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Cross Laminated Timber Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Cross Laminated Timber Industry Report
Statistics for the 2024 Cross Laminated Timber market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Cross Laminated Timber analysis includes a market forecast outlook for 2024 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
