Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Laminated Veneer Lumber Market: By Application: Residential, Commercial; By Sector: New Construction, Replacement, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Manufacturing Process; Loans and Financial Assistance; Competitive Landscape; Industry Events and Developments
Global Laminated Veneer Lumber Market Outlook
The global laminated veneer lumber market attained a value of USD 2.57 billion in 2020. The market is further anticipated to register a significant CAGR of 10.5% over the forecast period of 2023-2028 to reach USD 4.69 billion by 2026.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on the application, the residential segment accounted for a significant market share, followed by the commercial segment. Rapid urbanisation in the emerging economies has propelled the demand for laminated veneer lumber in the residential sector as they are increasingly used as bearing structures in the construction of walls, floors, and roofs. Based on the sector, the new construction segment dominated the global laminated veneer lumber market. The segment growth can be accredited to its growing adoption in structural applications due to its superior strength, high dimensional stability, and impact bending.
Regionally, North America is accounted to hold the largest market share in 2020 owing to the rising demand for residential housing in the region. Renovation projects of buildings and furniture are further expected to drive the industry growth.
Properties and Applications
Laminated veneer lumber is a structural material made by rotary peeled and sliced thin wood veneers. They are bonded together with weatherproof glue under high heat and pressure. It offers various advantages such as high durability, precise dimension, light-weighted, and high strength. Laminated veneer lumber is available in two sub-types that include laminated strand lumber (LSL) and cross-banded laminated veneer lumber. Moreover, they are extensively used in the construction of commercial and residential buildings as it is cost effective.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The market can be broadly segregated on the basis of its application segment into:
- Residential
- Commercial
Based on the sector, the global laminated veneer lumber market is divided into:
- New Construction
- Replacement
- Others
The EMR report looks into the regional markets in the global laminated veneer lumber market like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
Laminated veneer lumber is an effective solution for permanent structural applications in large prefabricated buildings, public buildings, product components, customised wooden houses, and industrial warehouses. The major uses of the laminated veneer lumber include structural framing for commercial and residential construction such as lintels, beams, joists, purlins, concrete formwork, truss chords, and scaffold boards. Furthermore, laminated veneer lumber-based structures do not require solid foundations and are easy to install; thus, they are likely to create a massive demand over the forecast period. It is extensively deployed in Europe and the United States, as an alternative to structural steel or reinforced concrete. Also, the rise in the construction of large prefabricated buildings, customised wooden houses, and industrial warehouses is further driving the market growth. Revival in the construction industry, mostly in the developed regions, has led to an increase in the construction of commercial, residential, and infrastructural projects, thereby fostering the demand for laminated veneer lumber across the globe. However, the availability of alternatives for the product is expected to restrain the growth of the market. Also, uncertainties in the economic scenario and infrastructural risks are some of the other factors impeding the growth of the market.
Competitive Landscape
The report gives a detailed analysis of the following key players in the global laminated veneer lumber market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Anderson Lumber Company
- Murphy
- METSÄ Group Companies
- Chesapeake Plywood
- ARCAT, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Sector, Region |
| Breakup by Application | Residential, Commercial |
| Breakup by Sector | New Construction, Replacement, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Anderson Lumber Company, Murphy, METSÄ Group Companies, Chesapeake Plywood, ARCAT, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Engineered Wood Market Overview
8.1 Key Industry Highlights
8.2 Global Engineered Wood Historical Market (2018-2022)
8.3 Global Engineered Wood Market Forecast (2023-2028)
8.4 Global Engineered Wood Market by Product Type
8.5 Global Engineered Wood Market by Application
8.6 Global Engineered Wood Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Global Laminated Veneer Lumber Market Analysis
9.1 Key Industry Highlights
9.2 Global Laminated Veneer Lumber Historical Market (2018-2022)
9.3 Global Laminated Veneer Lumber Market Forecast (2023-2028)
9.4 Global Laminated Veneer Lumber Market by Application
9.4.1 Residential
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Commercial
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.5 Global Laminated Veneer Lumber Market by Sector
9.5.1 New Construction
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Replacement
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Others
9.6 Global Laminated Veneer Lumber Market by Region
9.6.1 Market Share
9.6.1.1 North America
9.6.1.2 Europe
9.6.1.3 Asia Pacific
9.6.1.4 Latin America
9.6.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Manufacturing Process
12.1 Detailed Process Flow
12.2 Operations Involved
12.3 Mass Balance
13 Value Chain Analysis
14 Price Analysis
14.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
14.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
15 Project Details, Requirements and Costs Involved
15.1 Land Requirement and Expenditures
15.2 Construction Requirements and Expenditures
15.3 Plant Machinery
15.4 Plant Layout
15.5 Machinery Pictures
15.6 Raw Material Requirements and Expenditures
15.7 Raw Material and Final Product Pictures
15.8 Packaging Requirements and Expenditures
15.9 Transportation Requirements and Expenditures
15.10 Utility Requirements
15.11 Manpower Requirements and Expenditures
15.12 Other Capital Investments
16 Loans and Financial Assistance
17 Project Economics
17.1 Capital Cost of the Project
17.2 Techno-Economic Parameters
17.3 Product Pricing
17.4 Income Projections
17.5 Expenditure Projections
17.6 Taxation and Depreciation
17.7 Financial Analysis
17.8 Profit Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players’ Market Share
18.3 Company Profiles
18.3.1 Anderson Lumber Company
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Certifications
18.3.2 Murphy
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Certifications
18.3.3 METSÄ Group Companies
18.3.3.1 Company Overview
18.3.3.2 Product Portfolio
18.3.3.3 Demographic Reach and Achievements
18.3.3.4 Certifications
18.3.4 Chesapeake Plywood
18.3.4.1 Company Overview
18.3.4.2 Product Portfolio
18.3.4.3 Demographic Reach and Achievements
18.3.4.4 Certifications
18.3.5 ARCAT, Inc.
18.3.5.1 Company Overview
18.3.5.2 Product Portfolio
18.3.5.3 Demographic Reach and Achievements
18.3.5.4 Certifications
18.3.6 Others
19 Industry Events and Developments
List of Key Figures and Tables
1. Global Engineered Wood Market: Key Industry Highlights, 2018 and 2028
2. Global Engineered Wood Historical Market: Breakup by Product Type (USD Billion), 2018-2022
3. Global Engineered Wood Market Forecast: Breakup by Product Type (USD Billion), 2023-2028
4. Global Engineered Wood Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Engineered Wood Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Engineered Wood Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Engineered Wood Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. Global Laminated Veneer Lumber Market: Key Industry Highlights, 2018 and 2028
9. Global Laminated Veneer Lumber Historical Market: Breakup by Application (USD Billion), 2018-2022
10. Global Laminated Veneer Lumber Market Forecast: Breakup by Application (USD Billion), 2023-2028
11. Global Laminated Veneer Lumber Historical Market: Breakup by Sector (USD Billion), 2018-2022
12. Global Laminated Veneer Lumber Market Forecast: Breakup by Sector (USD Billion), 2023-2028
13. Global Laminated Veneer Lumber Historical Market: Breakup by Region (USD Billion), 2018-2022
14. Global Laminated Veneer Lumber Market Forecast: Breakup by Region (USD Billion), 2023-2028
15. North America Laminated Veneer Lumber Historical Market: Breakup by Country (USD Billion), 2018-2022
16. North America Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Billion), 2023-2028
17. Europe Laminated Veneer Lumber Historical Market: Breakup by Country (USD Billion), 2018-2022
18. Europe Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Billion), 2023-2028
19. Asia Pacific Laminated Veneer Lumber Historical Market: Breakup by Country (USD Billion), 2018-2022
20. Asia Pacific Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Billion), 2023-2028
21. Latin America Laminated Veneer Lumber Historical Market: Breakup by Country (USD Billion), 2018-2022
22. Latin America Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Billion), 2023-2028
23. Middle East and Africa Laminated Veneer Lumber Historical Market: Breakup by Country (USD Billion), 2018-2022
24. Middle East and Africa Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Billion), 2023-2028
25. North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
26. Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
27. Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
28. Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
29. Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
30. Global Laminated Veneer Lumber Market Structure
Key Questions Answered in the Report
The global laminated veneer lumber market reached a value of USD 2.57 billion in 2020.
The market is projected to grow at a CAGR of nearly 10.5% in the forecast period of 2023-2028.
The market is estimated to reach a value of about USD 4.69 billion by 2026.
The major drivers of the industry include rising disposable incomes, increasing population, and the rising construction industry.
The rise in the construction of large prefabricated buildings, customised wooden houses, and industrial warehouses is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
The new construction segment is the leading sector in the industry.
The residential sector accounts for the largest market share, among other application segments in the industry.
The leading players in the market are Anderson Lumber Company, Murphy, METSÄ Group Companies, Chesapeake Plywood, and ARCAT, Inc., among others.
Analyst Review
The global laminated veneer lumber market attained a value of USD 2.57 billion in 2020 driven by the growth in the construction industry. Aided by the rising renovation projects of buildings and furniture, the industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 10.5%. The industry is projected to reach USD 4.69 billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its sector, the market can be segmented into new construction and replacement, with new construction segment accounting for the largest market share. On the basis of application, the residential sector accounts for the largest share in the global industry. The major regional markets for laminated veneer lumber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Anderson Lumber Company, Murphy, METSÄ Group Companies, Chesapeake Plywood, and ARCAT, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1499
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2699-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3699-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4699-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER