Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The logs market size reached around 1.84 Billion Cubic Meters in 2023. The market is projected to grow at a CAGR of 3.60% between 2024 and 2032 to reach nearly 2.53 Billion Cubic Meters by 2032.
Base Year
Historical Year
Forecast Year
Global Logs Market Report Summary | Description | Value |
Base Year | Billion Cubic Meters | 2023 |
Historical Period | Billion Cubic Meters | 2018-2023 |
Forecast Period | Billion Cubic Meters | 2024-2032 |
Market Size 2023 | Billion Cubic Meters | 1.84 |
Market Size 2032 | Billion Cubic Meters | 2.53 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.6% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 4.1% |
CAGR 2024-2032 - Market by Country | India | 4.7% |
CAGR 2024-2032 - Market by Country | China | 3.9% |
CAGR 2024-2032 - Market by Type | Hardwood | 4.0% |
CAGR 2024-2032 - Market by Application | Furniture | 4.2% |
Market Share by Country 2023 | Japan | 4.3% |
Every year, around 4 billion cubic meters of wood are produced worldwide. The United States is the world's largest producer of wood, with 292.1 million cubic meters produced per year. With 225.7 million cubic meters of wood, including hardwoods and softwoods, China is the second-largest producer of wood, leading to the logs market expansion. Countries that export wood make significant contributions to the global wood market and economic growth. The top five wood exporters are the United States, Canada, Poland, Germany, and China.
The worldwide construction sector is expected to reach USD 15.2 trillion by 2030, as per data from Marsh. Additionally, the firm projects that the top 10 global construction markets will account for 70% of the growth over the same time period, with China, India, the US, and Indonesia alone accounting for 60% of the growth. As per the logs market analysis, logs are widely used in the construction sector for roofing, flooring, structural beams, and framing in buildings due to their strength and longevity. Timber logs provide building insulation, are renewable, and enhance the visual attractiveness of buildings. Log-derived engineered wood products, including plywood and laminated beams, are used in a variety of building materials that support environmentally friendly building trends and promote sustainable practices in the construction sector.
Value in Billion Cubic Meters
2024-2032
Logs Market Outlook
*this image is indicative*
The global logs market growth can be attributed to the growth of the construction sector, expansion of the furniture sector, surging production of paper and pulp, and rising demand for renewable energy
The demand for logs is driven by an increase in worldwide construction activities, particularly in developing nations. Timber is a necessary component of building materials and is driving the market expansion as housing, infrastructure, and urban development projects spread across the globe.
Some of the notable logs market trends are the expansion of the furniture sector and the rising demand for timber furniture. Growing disposable incomes and shifting lifestyle preferences favour high-quality wood items, which promotes the use of wood in furniture production and fuels demand for the commodity worldwide.
Wood logs are a major source of raw materials for the paper and pulp sector. Despite the influence of digitalisation on demand, the expansion of the market worldwide is still supported by areas such as packaging and speciality papers.
As wood logs provide a renewable energy source, they are utilised in the production of bioenergy. Demand for biomass production is increased by the move to sustainable energy sources, particularly in areas that want to consume fewer fossil fuels.
Significant trends in the market are being influenced by shifting customer choices, technology breakthroughs, and environmental concerns. A growth in certified and ethically harvested wood is a result of governments and consumers placing a greater emphasis on sustainable forestry methods. Technological advancements in logging machinery and procedures have increased productivity and decreased environmental effects, consequently boosting the logs market expansion.
Furthermore, the need for timber in infrastructure and buildings is being driven by population increase and urbanisation, especially in emerging economies. The need for logs is also being increased by the growth of wood-based bioenergy for renewable energy sources. The market expansion is further aided by the increased demand for natural wood products in the furniture and interior design sectors.
The EMR’s report titled “Global Logs Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Application
Breakup by End Use
Breakup by Region
CAGR 2024-2032 - Market by | Country |
India | 4.7% |
China | 3.9% |
UK | 3.8% |
USA | 3.7% |
Germany | 3.5% |
Canada | XX% |
France | XX% |
Italy | XX% |
Japan | 2.4% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
Based on type, the market is segmented into hardwood and softwood. The hardwood segment is projected to grow at a CAGR of 4.0% during the forecast period. Deciduous, broad-leaved trees like oak and maple are the source of hardwood. Due to its dense, robust structure and reputation for strength and longevity, it is frequently used in flooring, furniture, and buildings.
Major players are focusing on the adoption of sustainable production practices to gain a competitive edge, increasing the logs market value.
One of the biggest private forest owners, Weyerhaeuser was established in 1900 and is headquartered in Seattle, Washington, United States. The company serves a variety of sectors, including the pulp, paper, and construction sectors, and specialises in sustainable forestry and wood products.
Founded in 1955 and with its main office in Vancouver, Canada, West Fraser Timber is a significant manufacture...
Canfor Corporation, a major provider of lumber, pulp, and paper goods, was established in 1938 and has its hea...
One of the biggest timber producers in North America, Interfor Corporation was established in 1963 and has its...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other major players in the market are Stora Enso, Arauco, UPM-Kymmene Corporation, PotlatchDeltic Corporation, Rayonier Inc., and Boise Cascade, among others.
*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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the market attained a volume of nearly 1.84 Billion Cubic Meters.
The market is assessed to grow at a CAGR of 3.60% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about 2.53 Billion Cubic Meters by 2032.
The major drivers of the market are the growing construction sector, the expansion of the furniture sector, and the rising demand for renewable energy.
As per the EMR report, the different types of logs in the market are hardwood and softwood.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major players in the market are Weyerhaeuser Company, West Fraser Timber Co. Ltd., Canfor Corporation, Interfor Corporation, Stora Enso, Arauco, UPM-Kymmene Corporation, PotlatchDeltic Corporation, Rayonier Inc., and Boise Cascade, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Application |
|
Breakup by End Use |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
Share