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United States Secondary Wood Products Market Size, Share: By Product Type: Wood Furniture, Engineered Wood Products, Secondary Paper Products, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
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.
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:
|
| Breakup by Product Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Secondary Wood Products Market Overview
8.1 Key Industry Highlights
8.2 North America Secondary Wood Products Historical Market (2018-2023)
8.3 North America Secondary Wood Products Market Forecast (2024-2032)
8.4 North America Secondary Wood Products Market Breakup by Country
8.4.1 United States
8.4.2 Canada
9 United States Secondary Wood Products Market Overview
9.1 Key Industry Highlights
9.2 United States Secondary Wood Products Historical Market (2018-2023)
9.3 United States Secondary Wood Products Market Forecast (2024-2032)
10 United States Secondary Wood Products Market by Product Type
10.1 Wood Furniture
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Office Furniture
10.1.3.2 Household and Institution
10.1.3.3 Wooden Kitchen, Cabinets, and Countertops
10.1.3.4 Others
10.2 Engineered Wood Products
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Plywood
10.2.3.2 OSB
10.2.3.3 Particle Board
10.2.3.4 Others
10.3 Secondary Paper Products
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Type
10.3.3.1 Paper Products
10.3.3.2 Paperboard Containers
10.4 Others
11 United States Secondary Wood Products Market by Region
11.1 New England
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Mideast
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Great Lakes
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Plains
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Southeast
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Southwest
11.6.1 Historical Trend (2018-2023)
11.6.2 Forecast Trend (2024-2032)
11.7 Rocky Mountain
11.7.1 Historical Trend (2018-2023)
11.7.2 Forecast Trend (2024-2032)
11.8 Far West
11.8.1 Historical Trend (2018-2023)
11.8.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Georgia-Pacific LLC
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 Arauco North America, Inc.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Weyerhaeuser Company
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Kronoplus Limited
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 West Fraser Timber Co. Ltd.
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Louisiana-Pacific Corporation
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Roseburg Forest Products Co.
13.2.7.1 Company Overview
13.2.7.2 Product Portfolio
13.2.7.3 Demographic Reach and Achievements
13.2.7.4 Certifications
13.2.8 Timber Products Company
13.2.8.1 Company Overview
13.2.8.2 Product Portfolio
13.2.8.3 Demographic Reach and Achievements
13.2.8.4 Certifications
13.2.9 Tolko Industries Ltd.
13.2.9.1 Company Overview
13.2.9.2 Product Portfolio
13.2.9.3 Demographic Reach and Achievements
13.2.9.4 Certifications
13.2.10 Columbia Forest Products, Inc.
13.2.10.1 Company Overview
13.2.10.2 Product Portfolio
13.2.10.3 Demographic Reach and Achievements
13.2.10.4 Certifications
13.2.11 Others
14 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Secondary Wood Products Market: Key Industry Highlights, 2018 and 2032
2. United States Secondary Wood Products Market: Key Industry Highlights, 2018 and 2032
3. United States Secondary Wood Products Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. United States Secondary Wood Products Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. United States Secondary Wood Products Historical Market: Breakup by Application (USD Million), 2018-2023
6. United States Secondary Wood Products Market Forecast: Breakup by Application (USD Million), 2024-2032
7. United States Secondary Wood Products Historical Market: Breakup by Region (USD Million), 2018-2023
8. United States Secondary Wood Products Market Forecast: Breakup by Region (USD Million), 2024-2032
9. United States Secondary Wood Products Market Structure
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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