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Global Laminated Veneer Lumber Market Size, Share, Analysis: By Application: Residential, Commercial, Others; By End Use: Construction, Non-construction; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Laminated Veneer Lumber Market Analysis by Region
North America is one of the leading regional markets for LVL. The United States is witnessing a rapid adoption of engineering wood, as it provides a lower carbon footprint than traditional steel and concrete, while also being cost-effective. As of June 2023, the United States had the presence of 1,860 completed or planned engineering wood construction projects.
Wood as a construction material is being favoured in the Chinese market due to its advantages of sustainability and low-carbon environmental protection. The application of engineered wood is increasing at a significant rate, with the increased promotion of the trend of 'carbon neutrality' and 'carbon peaking.
Laminated Veneer Lumber Market Report Snapshots
Laminated Veneer Lumber Market Size
Laminated Veneer Lumber Market Growth
Laminated Veneer Lumber Market Trends
Laminated Veneer Lumber Market Share
Laminated Veneer Lumber Manufacturers
Laminated Veneer Lumber Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 Opportunities and Challenges in the Market
8 Global Engineered Wood Market Overview
8.1 Key Industry Highlights
8.2 Global Engineered Wood Historical Market (2018-2023)
8.3 Global Engineered Wood Market Forecast (2024-2032)
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 North America
8.6.2 Europe
8.6.3 Asia Pacific
8.6.4 Latin America
8.6.5 Middle East and Africa
9 Global Laminated Veneer Lumber Market Analysis
9.1 Key Industry Highlights
9.2 Global Laminated Veneer Lumber Historical Market (2018-2023)
9.3 Global Laminated Veneer Lumber Market Forecast (2024-2032)
9.4 Global Laminated Veneer Lumber Market by Application
9.4.1 Residential
9.4.1.1 Historical Trend (2018-2023)
9.4.1.2 Forecast Trend (2024-2032)
9.4.2 Commercial
9.4.2.1 Historical Trend (2018-2023)
9.4.2.2 Forecast Trend (2024-2032)
9.4.2 Others
9.5 Global Laminated Veneer Lumber Market by End Use
9.5.1 Construction
9.5.1.1 Historical Trend (2018-2023)
9.5.1.2 Forecast Trend (2024-2032)
9.5.1.3 Breakup by Type
9.5.1.3.1 New Construction
9.5.1.3.1.1 Historical Trend (2018-2023)
9.5.1.3.1.2 Historical Trend (2018-2023)
9.5.1.3.2 Forecast Trend (2024-2032)
9.5.1.3.2.1 Historical Trend (2018-2023)
9.5.1.3.2.2 Historical Trend (2018-2023)
9.5.2 Non-construction
9.5.2.1 Historical Trend (2018-2023)
9.5.2.2 Forecast Trend (2024-2032)
9.6 Global Laminated Veneer Lumber Market by Region
9.6.1 North America
9.6.1.1 Historical Trend (2018-2023)
9.6.1.2 Forecast Trend (2024-2032)
9.6.2 Europe
9.6.2.1 Historical Trend (2018-2023)
9.6.2.2 Forecast Trend (2024-2032)
9.6.3 Asia Pacific
9.6.3.1 Historical Trend (2018-2023)
9.6.3.2 Forecast Trend (2024-2032)
9.6.4 Latin America
9.6.4.1 Historical Trend (2018-2023)
9.6.4.2 Forecast Trend (2024-2032)
9.6.5 Middle East and Africa
9.6.5.1 Historical Trend (2018-2023)
9.6.5.2 Forecast Trend (2024-2032)
10 North America Laminated Veneer Lumber Market Analysis
10.1 United States of America
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Canada
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Europe Laminated Veneer Lumber Market Analysis
11.1 United Kingdom
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Germany
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 France
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Italy
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Asia Pacific Laminated Veneer Lumber Market Analysis
12.1 China
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Japan
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 ASEAN
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Australia
12.5.1 Historical Trend (2018-2023)
12.5.1 Forecast Trend (2024-2032)
12.5 New Zealand
12.5.1 Historical Trend (2018-2023)
12.5.1 Forecast Trend (2024-2032)
12.6 Others
13 Latin America Laminated Veneer Lumber Market Analysis
13.1 Brazil
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Argentina
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Mexico
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Others
14 Middle East and Africa Laminated Veneer Lumber Market Analysis
14.1 Saudi Arabia
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 United Arab Emirates
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Nigeria
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 South Africa
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 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 (2018-2023) and Forecast (2024-2032)
14.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
14.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
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 Raw Material Requirements and Expenditures
15.5 Packaging Requirements and Expenditures
15.6 Transportation Requirements and Expenditures
15.7 Utility Requirements
15.8 Manpower Requirements and Expenditures
15.9 Other Capital Investments
16 Project Economics
16.1 Capital Cost of the Project
16.2 Techno-Economic Parameters
16.3 Product Pricing
16.4 Income Projections
16.5 Expenditure Projections
16.6 Taxation and Depreciation
16.7 Financial Analysis
16.8 Profit Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Murphy Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 METSÄ Group Companies
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Roseburg Forest Products Co
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 STEICO SE
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Stora Enso Oyj
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Boise Cascade Company
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Weyerhaeuser Company
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Pacific Woodtech Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Juken New Zealand Ltd.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Engineered Wood Market: Key Industry Highlights, 2018 and 2032
2. Global Engineered Wood Historical Market: Breakup by Product Type (Thousand CBM), 2018-2023
3. Global Engineered Wood Market Forecast: Breakup by Product Type (Thousand CBM), 2024-2032
4. Global Engineered Wood Historical Market: Breakup by Application (Thousand CBM), 2018-2023
5. Global Engineered Wood Market Forecast: Breakup by Application (Thousand CBM), 2024-2032
6. Global Engineered Wood Historical Market: Breakup by Region (Thousand CBM), 2018-2023
7. Global Engineered Wood Market Forecast: Breakup by Region (Thousand CBM), 2024-2032
8. Global Laminated Veneer Lumber Market: Key Industry Highlights, 2018 and 2032
9. Global Laminated Veneer Lumber Historical Market: Breakup by Application (Thousand CBM), 2018-2023
10. Global Laminated Veneer Lumber Market Forecast: Breakup by Application (Thousand CBM), 2024-2032
9. Global Laminated Veneer Lumber Historical Market: Breakup by Application (USD Million), 2018-2023
10. Global Laminated Veneer Lumber Market Forecast: Breakup by Application (USD Million), 2024-2032
11. Global Laminated Veneer Lumber Historical Market: Breakup by End Use (Thousand CBM), 2018-2023
12. Global Laminated Veneer Lumber Market Forecast: Breakup by End Use (Thousand CBM), 2024-2032
11. Global Laminated Veneer Lumber Historical Market: Breakup by End Use (USD Million), 2018-2023
12. Global Laminated Veneer Lumber Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Global Laminated Veneer Lumber Historical Market: Breakup by Sector (Thousand CBM), 2018-2023
12. Global Laminated Veneer Lumber Market Forecast: Breakup by Sector (Thousand CBM), 2024-2032
11. Global Laminated Veneer Lumber Historical Market: Breakup by Sector (USD Million), 2018-2023
12. Global Laminated Veneer Lumber Market Forecast: Breakup by Sector (USD Million), 2024-2032
13. Global Laminated Veneer Lumber Historical Market: Breakup by Region (Thousand CBM), 2018-2023
14. Global Laminated Veneer Lumber Market Forecast: Breakup by Region (Thousand CBM), 2024-2032
13. Global Laminated Veneer Lumber Historical Market: Breakup by Region (USD Million), 2018-2023
14. Global Laminated Veneer Lumber Market Forecast: Breakup by Region (USD Million), 2024-2032
15. North America Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
16. North America Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
15. North America Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
16. North America Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
17. Europe Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
17. Europe Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
17. Europe Laminated Veneer Lumber Historical Market: Breakup by Country (USD Million), 2018-2023
17. Europe Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Million), 2024-2032
19. Asia Pacific Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
20. Asia Pacific Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
19. Asia Pacific Laminated Veneer Lumber Historical Market: Breakup by Country (USD Million), 2018-2023
20. Asia Pacific Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Million), 2024-2032
21. Latin America Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
22. Latin America Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
21. Latin America Laminated Veneer Lumber Historical Market: Breakup by Country (USD Million), 2018-2023
22. Latin America Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Million), 2024-2032
23. Middle East and Africa Laminated Veneer Lumber Historical Market: Breakup by Country (Thousand CBM), 2018-2023
24. Middle East and Africa Laminated Veneer Lumber Market Forecast: Breakup by Country (Thousand CBM), 2024-2032
23. Middle East and Africa Laminated Veneer Lumber Historical Market: Breakup by Country (USD Million), 2018-2023
24. Middle East and Africa Laminated Veneer Lumber Market Forecast: Breakup by Country (USD Million), 2024-2032
25. North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
26. Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
27. Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
28. Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
29. Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
30. Global Laminated Veneer Lumber Market Structure
Key Questions Answered in the Report
The market attained a volume of 5,116.8 thousand CBM in 2023.
The market is estimated to grow at a CAGR of 4.0% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 7,256.3 thousand CBM by 2032.
The factors driving the market growth are increasing inclination towards environmental safety and sustainability, rising adoption of wood as a construction material, and favourable government initiatives supporting the adoption of wood.
The key regional markets for laminated veneer lumber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include construction and non-construction.
The applications include residential, commercial, and others.
The key players in the market include Murphy Company, METSÄ Group Companies, Roseburg Forest Products Co., STEICO SE, Stora Enso Oyj, Boise Cascade Company, Weyerhaeuser Company, Pacific Woodtech Corporation, and Juken New Zealand Ltd. among others.
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