Sawn Wood Market Size (2024 - 2029)

Sawn Wood Market Analysis

The Sawn Wood Market size is estimated at USD 757.33 million in 2024, and is expected to reach USD 785.77 million by 2029, at a CAGR of 0.74% during the forecast period (2024-2029).

• The global sawn wood market plays a pivotal role in the timber and forestry industry, serving sectors such as construction, furniture manufacturing, and packaging. Fueled by a growing appetite for sustainable materials, and an increase in the percentage of the urban population that has surged in construction activities, the studied market has witnessed notable expansion. For instance, as per the World Bank, the global urban population in 2021 was 56% which increased and reached 57% in 2023. Demand for sawn wood is predominantly spurred by the construction and real estate sectors, utilizing it for framing, flooring, and various structural applications. Notably, the residential housing segment stands out as a primary demand driver. Additionally, the packaging sector's appetite for sawn wood, especially for pallets and crates, is on the rise. This surge is largely attributed to the e-commerce boom and global trade dynamics, further propelling the market's growth.
• Furthermore, the escalating preference for sustainable and eco-friendly building materials is amplifying market growth. As the emphasis on sustainable building practices intensifies, wood is increasingly favored as an eco-friendly alternative to steel and concrete. There's a growing prominence of certified wood products, notably those endorsed by the Forest Stewardship Council (FSC) and the Programme for the Endorsement of Forest Certification (PEFC). Yet, challenges loom in the form of global environmental concerns, particularly deforestation, which could hinder sustainable growth. Regions with stringent environmental regulations are likely to see a pronounced benefit from the industry's shift towards green building practices and sustainable materials.

Sawn Wood Industry Segmentation

Sawn wood refers to wood that has been cut from logs into various shapes and sizes. For the purpose of the study, both coniferous and non-coniferous sawn wood is considered. The sawn wood market is segmented by type (Hard wood and Soft wood) and geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The report includes the 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 the market size and forecasts in terms of volume in metric tons and value in USD for all the above segments.