The Worldwide Engineered Wood Industry is Projected to Reach $444.6 Billion by 2027

2022-06-18 22:56:07 By : Ms. Candice Mao

Dublin, June 17, 2022 (GLOBE NEWSWIRE) -- The "Global Engineered Wood Market (2022-2027) by Type, Application, End User, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Engineered Wood Market is estimated to be USD 311.14 Bn in 2022 and is projected to reach USD 444.61 Bn by 2027, growing at a CAGR of 7.4%. Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Engineered Wood Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals. As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks. Market Segmentations

The Global Engineered Wood Market is segmented based on Type, Application, End User, and Geography.

By Type, the market is classified into Structural Wood I-Beams, Glued Laminated Timber, Laminated Veneer Lumber (LVL), Glulam, Oriented Strand Boards (OSB), and Cross Laminated Timber (CLT).

By Application, the market is classified into Construction, Furniture, Flooring, and Packaging.

By End User, the market is classified into Residential, Commercial and Commercial & Industrial.

By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Boise Cascade, Celulosa Arauco y Constitucion, Huber Engineered Woods, Weyerhaeuser, etc. Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)

Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)

Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)

Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc. Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Engineered Wood Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The report analyses the Global Engineered Wood Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

The report offers a comprehensive evaluation of the Global Engineered Wood Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.

The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.

The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.

The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered: 1 Report Description 2 Research Methodology 3 Executive Summary 4 Market Dynamics 4.1 Drivers 4.1.1 Increased Use of Engineered Wood over Other Building Materials 4.1.2 Growth in Reconstruction, Renovation and Remodelling of Old Buildings 4.1.3 Increase Focus on Affordable Homes 4.1.4 Growing Use of Cross-Laminated Timber (CLT) as Construction Materials 4.2 Restraints 4.2.1 Threat of Substitute Material 4.3 Opportunities 4.3.1 Increasing Due to Lack of Solid Wood Products 4.4 Challenges 4.4.1 Scarcity in the Supply of Processed Wood in the Building Work 5 Market Analysis 5.1 Regulatory Scenario 5.2 Porter's Five Forces Analysis 5.3 Impact of COVID-19 5.4 Ansoff Matrix Analysis 6 Global Engineered Wood Market, By Type 6.1 Introduction 6.2 Structural Wood I-Beams 6.3 Glued Laminated Timber 6.4 Laminated Veneer Lumber (LVL) 6.5 Glulam 6.6 Oriented Strand Boards (OSB) 6.7 Cross Laminated Timber (CLT) 7 Global Engineered Wood Market, By Application 7.1 Introduction 7.2 Construction 7.3 Furniture 7.4 Flooring 7.5 Packaging 8 Global Engineered Wood Market, By End User 8.1 Introduction 8.2 Residential 8.3 Commercial & Industrial 9 Americas' Engineered Wood Market 9.1 Introduction 9.2 Argentina 9.3 Brazil 9.4 Canada 9.5 Chile 9.6 Colombia 9.7 Mexico 9.8 Peru 9.9 United States 9.10 Rest of Americas 10 Europe's Engineered Wood Market 10.1 Introduction 10.2 Austria 10.3 Belgium 10.4 Denmark 10.5 Finland 10.6 France 10.7 Germany 10.8 Italy 10.9 Netherlands 10.10 Norway 10.11 Poland 10.12 Russia 10.13 Spain 10.14 Sweden 10.15 Switzerland 10.16 United Kingdom 10.17 Rest of Europe 11 Middle East and Africa's Engineered Wood Market 11.1 Introduction 11.2 Egypt 11.3 Israel 11.4 Qatar 11.5 Saudi Arabia 11.6 South Africa 11.7 United Arab Emirates 11.8 Rest of MEA 12 APAC's Engineered Wood Market 12.1 Introduction 12.2 Australia 12.3 Bangladesh 12.4 China 12.5 India 12.6 Indonesia 12.7 Japan 12.8 Malaysia 12.9 Philippines 12.10 Singapore 12.11 South Korea 12.12 Sri Lanka 12.13 Thailand 12.14 Taiwan 12.15 Rest of Asia-Pacific 13 Competitive Landscape 13.1 Competitive Quadrant 13.2 Market Share Analysis 13.3 Strategic Initiatives 13.3.1 M&A and Investments 13.3.2 Partnerships and Collaborations 13.3.3 Product Developments and Improvements 14 Company Profiles 14.1 Boise Cascade 14.2 Celulosa Arauco y Constitucion 14.3 Huber Engineered Woods 14.4 J M Huber 14.5 Louisiana-Pacific 14.6 Lowes Companies 14.7 Norbord 14.8 Raute 14.9 Roseburg Forest Products 14.10 Universal Forest Products 14.11 West Fraser Timber 14.12 Weyerhaeuser 15 Appendix For more information about this report visit https://www.researchandmarkets.com/r/z6fnq0

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