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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States Secondary Wood Products Market Outlook

The United States secondary wood products market size was approximately USD 205.72 million in 2023. The market is assessed to grow at a CAGR of 1.8% between 2024 and 2032, reaching a value of USD 241.54 million by 2032.

Key Takeaways

  • Technological advancements in woodworking, particularly the use of CNC machines, have revolutionised the design process and improved product quality in the US secondary wood products market.
  • Timber is the top choice for residential construction in America due to its availability, ease of assembly, and popularity over materials like bricks or cement, and as a result, lumber is widely to make secondary wood products.
  • The market growth is also being fuelled by environmental concerns and the adoption of sustainable practices. As a result, there is a rising demand for innovative and eco-friendly wood-based solutions.

Due to a surge in demand for made in America goods, investments in the lumber sector of the USA have increased. The sector currently accounts for 4% of the American GDP and manufactures products worth USD 200 billion annually. This trend is expected to continue in the forecast period, boosting the United States secondary wood products market growth.

Secondary wood products like wooden furniture enjoys substantial popularity in the country as it provides comfortable living solution to people and helps enhance aesthetic appeal of a place. The wooden furniture that is in high demand includes sturdy sofas, cupboards, and shelves, among other things, and people are increasingly preferring furniture that is durable, cost-effective, as well as offer premium feel.

As per the United States secondary wood products market analysis, secondary paper products represent one of the most common product types in the market. One of the reasons is the proliferation of e-commerce channels that require cardboard packages as they are eco-friendly and serve as a suitable alternative to plastic packaging. It is also hygienic for food packaging which helps restaurants and food service companies to deliver food.

The steady supply chain of timber and trained labour favour the market, leading to improved availability of raw material for secondary wood products along with skilled workforce.

United States Secondary Wood Products Market

Market Segmentation

United States Secondary Wood Products Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Wood Furniture
    • Office Furniture
    • Household and Institution
    • Wooden Kitchen, Cabinets, and Countertops
    • Others
  • Engineered Wood Products 
    • Plywood
    • OSB
    • Particle Board
    • Others
  • Secondary Paper Products
    • Paper Products
    • Paperboard Containers
  • Others

Market Breakup by Region

  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West

Competitive Landscape

The market players are increasingly prioritising the production of eco- friendly wood based products and are also leveraging advanced technologies to improve their production process.

  • Georgia-Pacific LLC
  • Arauco North America, Inc.
  • Weyerhaeuser Company
  • Kronoplus Limited
  • West Fraser Timber Co. Ltd.
  • Louisiana-Pacific Corporation
  • Roseburg Forest Products Co.
  • Timber Products Company
  • Tolko Industries Ltd.
  • Columbia Forest Products, Inc.
  • Others

Key Highlights of the Report

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:

  • Product Type
  • Region
Breakup by Product Type
  • Wood Furniture
  • Engineered Wood Products
  • Secondary Paper Products
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Georgia-Pacific LLC
  • Arauco North America, Inc.
  • Weyerhaeuser Company
  • Kronoplus Limited
  • West Fraser Timber Co. Ltd. 
  • Louisiana-Pacific Corporation
  • Roseburg Forest Products Co.
  • Timber Products Company
  • Tolko Industries Ltd.
  • Columbia Forest Products, Inc.
  • 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.*

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Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 205.72 million.

The market is estimated to grow at a CAGR of 1.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 241.54 million by 2032.

The market is driven by highly versatile nature of wood-based products and their use across various end-use industries.

The key trends aiding the market expansion include increasing investments in the lumber sector, ecofriendly nature of wooden products, and technological innovations in the woodworking sector.

The major markets are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

The major product types include wood furniture, engineered wood products, and secondary paper products, among others.

The major players in the market are Georgia-Pacific LLC, Arauco North America, Inc., Weyerhaeuser Company, Kronoplus Limited, West Fraser Timber Co. Ltd., Louisiana-Pacific Corporation, Roseburg Forest Products Co., Timber Products Company, Tolko Industries Ltd., and Columbia Forest Products, Inc., among others.

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124