Market Size of Industrial Round Wood Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 332.10 Billion |
| Market Size (2029) | USD 366.90 Billion |
| CAGR (2024 - 2029) | 2.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Industrial Round Wood Market Analysis
The Industrial Round Wood Market size is estimated at USD 332.10 billion in 2024, and is expected to reach USD 366.90 billion by 2029, at a CAGR of 2% during the forecast period (2024-2029).
The global roundwood market is expanding swiftly, driven by increased industrial consumption and sustainability initiatives. China, Brazil, Canada, the United States, and Russia are the top producers of industrial roundwood. These countries have boosted production over the past five years to meet rising demand. Planted forests are crucial to global and regional economies, ensuring a reliable supply of industrial roundwood. In many developing countries, these forests underpin the growth of forest-based manufacturing and export sectors. In 2023, domestic roundwood made up 73%, of the wood consumed by members of the Confederation of European Paper Industries (CEPI). In developing regions, particularly Asia and Africa, rapid urbanization and industrialization have led to a higher demand for wood in construction. This demand often exceeds local production capacity, resulting in increased imports of industrial roundwood.
Moreover, according to the FAO, increasing the production of renewable forest products presents an opportunity to replace fossil-based products with higher carbon footprints, supporting the Sustainable Development Goals and driving market growth. However, the market faces several challenges. The forest sector is subject to stringent laws in almost all countries, affecting companies that produce end products from industrial roundwood. The companies that source raw materials from forests must formally report their operations. Violations of these laws can result in strict warnings, fines, and penalties. The industry is under significant scrutiny for issues such as deforestation, illegal logging, and the sustainability of forestry practices. Consequently, stricter regulations and sustainability certifications, such as those from the Forest Stewardship Council (FSC), are shaping the market.
Industrial Round Wood Industry Segmentation
Industrial Roundwood is defined as a forest product that includes all industrial wood in rough form, namely saw logs, veneer logs, pulpwood, and other industrial roundwood products. Industrial Round Wood Market is segmented by Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The report includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The report offers market sizing and forecasts in value (USD) and volume (metric tons) for the above-mentioned segments.
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Industrial Round Wood Market Size Summary
The industrial round wood market is poised for steady growth, driven by increasing global demand and trade dynamics. The Asia-Pacific region, despite being a net importer, plays a significant role in the market, with China being a major importer due to its industrial manufacturing needs. The region's consumption is supported by imports, as domestic supply struggles to meet the demand. Meanwhile, Europe and Northern America continue to be key exporters, contributing significantly to the global trade landscape. The market's expansion is further bolstered by the strategic positioning of countries like New Zealand, which has emerged as a leading exporter, surpassing traditional players like the Russian Federation.
On the production front, countries such as China, Brazil, Canada, the United States, and the Russian Federation dominate the landscape, collectively accounting for a substantial portion of global output. The United States, in particular, has seen a consistent increase in production, while Brazil has recently overtaken Canada to become the fourth-largest producer. This shift highlights the dynamic nature of the market, where production capabilities are influenced by regional policies and economic conditions. The global market's growth trajectory is supported by these trends, with projections indicating a continued upward movement in production and trade activities over the forecast period.
Industrial Round Wood Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Constant Rise in The Production Of Industrial Roundwood
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1.2.2 Rising Demand From Housing And Infrastructure Construction Companies
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1.2.3 Increasing Forest-Based Manufacturing And Export Sectors
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1.3 Market Restraints
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1.3.1 Stringent Forest Laws with Respect To Deforestation
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1.3.2 Supply Chain Challenges
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 North America
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2.1.1 United States
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2.1.1.1 Production Analysis (Value)
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2.1.1.1.1 Consumption Analysis (Volume and Value)
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2.1.1.1.2 Import Market Analysis (Volume and Value)
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2.1.1.1.3 Export Market Analysis (Volume and Value)
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2.1.1.1.4 Price Trend Analysis
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2.1.1.2 Canada
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2.1.1.2.1 Production Analysis (Value)
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2.1.1.2.2 Consumption Analysis (Volume and Value)
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2.1.1.2.3 Import Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Austria
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2.1.2.1.1 Production Analysis (Value)
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2.1.2.1.2 Consumption Analysis (Volume and Value)
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2.1.2.1.3 Import Market Analysis (Volume and Value)
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2.1.2.1.4 Export Market Analysis (Volume and Value)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Germany
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2.1.2.2.1 Production Analysis (Value)
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2.1.2.2.2 Consumption Analysis (Volume and Value)
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2.1.2.2.3 Import Market Analysis (Volume and Value)
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2.1.2.2.4 Export Market Analysis (Volume and Value)
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2.1.2.2.5 Price Trend Analysis
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2.1.2.3 France
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2.1.2.3.1 Production Analysis (Value)
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2.1.2.3.2 Consumption Analysis (Volume and Value)
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2.1.2.3.3 Import Market Analysis (Volume and Value)
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2.1.2.3.4 Export Market Analysis (Volume and Value)
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2.1.2.3.5 Price Trend Analysis
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2.1.2.4 Italy
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2.1.2.4.1 Production Analysis (Value)
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2.1.2.4.2 Consumption Analysis (Volume and Value)
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2.1.2.4.3 Import Market Analysis (Volume and Value)
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2.1.2.4.4 Export Market Analysis (Volume and Value)
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2.1.2.4.5 Price Trend Analysis
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2.1.2.5 Russia
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2.1.2.5.1 Production Analysis (Value)
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2.1.2.5.2 Consumption Analysis (Volume and Value)
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2.1.2.5.3 Import Market Analysis (Volume and Value)
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2.1.2.5.4 Export Market Analysis (Volume and Value)
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2.1.2.5.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.1.1 Production Analysis (Value)
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2.1.3.1.2 Consumption Analysis (Volume and Value)
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2.1.3.1.3 Import Market Analysis (Volume and Value)
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2.1.3.1.4 Export Market Analysis (Volume and Value)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 Japan
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2.1.3.2.1 Production Analysis (Value)
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2.1.3.2.2 Consumption Analysis (Volume and Value)
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2.1.3.2.3 Import Market Analysis (Volume and Value)
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2.1.3.2.4 Export Market Analysis (Volume and Value)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 India
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2.1.3.3.1 Production Analysis (Value)
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2.1.3.3.2 Consumption Analysis (Volume and Value)
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2.1.3.3.3 Import Market Analysis (Volume and Value)
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2.1.3.3.4 Export Market Analysis (Volume and Value)
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2.1.3.3.5 Price Trend Analysis
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2.1.3.4 Vietnam
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2.1.3.4.1 Production Analysis (Value)
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2.1.3.4.2 Consumption Analysis (Volume and Value)
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2.1.3.4.3 Import Market Analysis (Volume and Value)
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2.1.3.4.4 Export Market Analysis (Volume and Value)
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2.1.3.4.5 Price Trend Analysis
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2.1.3.5 Vietnam
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2.1.3.5.1 Production Analysis (Value)
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2.1.3.5.2 Consumption Analysis (Volume and Value)
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2.1.3.5.3 Import Market Analysis (Volume and Value)
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2.1.3.5.4 Export Market Analysis (Volume and Value)
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2.1.3.5.5 Price Trend Analysis
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2.1.3.6 Pakistan
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2.1.3.6.1 Production Analysis (Value)
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2.1.3.6.2 Consumption Analysis (Volume and Value)
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2.1.3.6.3 Import Market Analysis (Volume and Value)
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2.1.3.6.4 Export Market Analysis (Volume and Value)
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2.1.3.6.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.1.1 Production Analysis (Value)
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2.1.4.1.2 Consumption Analysis (Volume and Value)
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2.1.4.1.3 Import Market Analysis (Volume and Value)
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2.1.4.1.4 Export Market Analysis (Volume and Value)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Argentina
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2.1.4.2.1 Production Analysis (Value)
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2.1.4.2.2 Consumption Analysis (Volume and Value)
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2.1.4.2.3 Import Market Analysis (Volume and Value)
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2.1.4.2.4 Export Market Analysis (Volume and Value)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Middle East And Africa
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2.1.5.1 Turkey
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2.1.5.1.1 Production Analysis (Value)
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2.1.5.1.2 Consumption Analysis (Volume and Value)
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2.1.5.1.3 Import Market Analysis (Volume and Value)
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2.1.5.1.4 Export Market Analysis (Volume and Value)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 Egypt
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2.1.5.2.1 Production Analysis (Value)
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2.1.5.2.2 Consumption Analysis (Volume and Value)
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2.1.5.2.3 Import Market Analysis (Volume and Value)
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2.1.5.2.4 Export Market Analysis (Volume and Value)
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2.1.5.2.5 Price Trend Analysis
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2.1.5.3 Dominican Republic
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2.1.5.3.1 Production Analysis (Value)
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2.1.5.3.2 Consumption Analysis (Volume and Value)
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2.1.5.3.3 Import Market Analysis (Volume and Value)
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2.1.5.3.4 Export Market Analysis (Volume and Value)
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2.1.5.3.5 Price Trend Analysis
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Industrial Round Wood Market Size FAQs
How big is the Industrial Round Wood Market?
The Industrial Round Wood Market size is expected to reach USD 332.10 billion in 2024 and grow at a CAGR of 2% to reach USD 366.90 billion by 2029.
What is the current Industrial Round Wood Market size?
In 2024, the Industrial Round Wood Market size is expected to reach USD 332.10 billion.
