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Report
Canada Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 117 Pages I IMARC Group
Market Overview:
The Canada secondary wood products market size reached US$ 30.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 34.1 Billion by 2028, exhibiting a growth rate (CAGR) of 1.7% during 2023-2028.
Secondary wood products, also known as value-added wood products, are manufactured by the processing of primary wood products such as lumber, timber, pulp, etc. Secondary wood products include products such as wooden kitchen, cabinets and countertops, engineered wood products, wooden pallets, and secondary paper products.
Secondary wood products market is a growing contributor to economic and employment growth in Canada. Recent forest product innovations in the country have led to improved industrial competitiveness and environmental performance in a wide range of industries, from natural resources, manufacturing and agriculture, to chemicals, healthcare, and cosmetics. According to the Forest Products Association of Canada (FPAC), Canada is a leader in forest sustainability and accounts for the majority of the share of all certified forests in the world, leading to a growth in the secondary wood products market. Strengthening and facilitating the secondary wood products manufacturing is now being perceived as the next step to create a more sustainable economy in Canada. Moreover, investments made by the country in Forest Industry Transformation program (IFIT) to support Canada's forest sector have increased the growth of secondary wood products market in the region. The country also represents one of the largest exporters of wood products in the world, thereby rising its economy with the sale of various secondary wood products across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Canada secondary wood products market report, along with forecasts for the period 2023-2028. Our report has categorized the market based on type.
Breakup by Type:
Wood Furniture
Office Furniture
Household & Institution
Wooden Kitchen, Cabinets and Countertops
Others
Engineered Wood Products
Plywood
OSB
Particle Board
Others
Secondary Paper Products
Paper Products
Paperboard Containers
Others
Amongst these, wood furniture represents the leading segment, accounting for the majority of the market share.
Competitive Landscape:
The report has also examined the competitive landscape of Canada secondary wood products market. Some of the major players include:
G. Romano
Amisco Industries
BSG Inc.
BG Furniture
Herman Miller
Weyerhaeuser Company
Key Questions Answered in This Report:
How has the Canada secondary wood products market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Canada secondary wood products market?
Which are the popular product types in the Canada secondary wood products market?
What are the various stages in the value chain of the Canada secondary wood products industry?
What are the key driving factors and challenges in the Canada secondary wood products industry?
What is the structure of the Canada secondary wood products industry and who are the key players?
What is the degree of competition in the Canada secondary wood products industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Canada Secondary Wood Products Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Type
5.5 Market Forecast
5.6 SWOT Analysis
5.6.1 Overview
5.6.2 Strengths
5.6.3 Weaknesses
5.6.4 Opportunities
5.6.5 Threats
5.7 Value Chain Analysis
5.7.1 Overview
5.7.2 Raw Material Procurement
5.7.3 Manufacturing
5.7.4 Marketing
5.7.5 Distribution
5.7.6 End-Use
5.8 Porters Five Forces Analysis
5.8.1 Overview
5.8.2 Bargaining Power of Buyers
5.8.3 Bargaining Power of Suppliers
5.8.4 Degree of Competition
5.8.5 Threat of New Entrants
5.8.6 Threat of Substitutes
6 Market Breakup by Type
6.1 Wood Furniture
6.1.1 Market Performance
6.1.2 Market Breakup by Type
6.1.2.1 Office Furniture
6.1.2.2 Household & Institution
6.1.2.3 Wooden Kitchen, Cabinets and Countertops
6.1.2.4 Other Furniture
6.1.3 Market Forecast
6.2 Engineered Wood Products
6.2.1 Market Performance
6.2.2 Market Breakup by Type
6.2.2.1 Plywood
6.2.2.2 OSB
6.2.2.3 Particle Board
6.2.2.4 Other Engineered Woods
6.2.3 Market Forecast
6.3 Secondary Paper Products
6.3.1 Market Performance
6.3.2 Market Breakup by Type
6.3.2.1 Paper Products
6.3.2.2 Paperboard Containers
6.3.3 Market Forecast
6.4 Others
6.4.1 Market Performance
6.4.2 Market Forecast
7 Secondary Wood Products Manufacturing Process
7.1 Products Overview
7.2 Raw Material Requirements
7.3 Manufacturing Process
7.4 Key Success and Risk Factors
8 Competitive Landscape
8.1 Market Structure
8.2 Key Players
8.3 Profiles of Key Players
8.3.1 G. Romano
8.3.2 Amisco Industries
8.3.3 BSG Inc.
8.3.4 BG Furniture
8.3.5 Herman Miller
8.3.6 Weyerhaeuser Company
Figure 1: Canada: Secondary Wood Products Market: Major Drivers and Challenges
Figure 2: Canada: Secondary Wood Products Market: Value Trends (in Billion US$), 2017-2022
Figure 3: Canada: Secondary Wood Products Market: Breakup by Type (in %), 2022
Figure 4: Canada: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 5: Canada: Secondary Wood Products Industry: SWOT Analysis
Figure 6: Canada: Secondary Wood Products Industry: Value Chain Analysis
Figure 7: Canada: Secondary Wood Products Industry: Porter's Five Forces Analysis
Figure 8: Canada: Wood Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 9: Canada: Wood Furniture Market: Breakup by Type (in %), 2017 & 2022
Figure 10: Canada: Office Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 11: Canada: Office Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 12: Canada: Household & Institution Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 13: Canada: Household & Institution Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 14: Canada: Wooden Kitchen, Cabinets and Countertops Market: Value Trends (in Billion US$), 2017 & 2022
Figure 15: Canada: Wooden Kitchen, Cabinets and Countertops Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 16: Canada: Other Wooden Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 17: Canada: Other Wooden Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 18: Canada: Wood Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 19: Canada: Engineered Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 20: Canada: Engineered Wood Products Market: Breakup by Type (in %), 2017 & 2022
Figure 21: Canada: Plywood Market: Value Trends (in Billion US$), 2017 & 2022
Figure 22: Canada: Plywood Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 23: Canada: OSB Market: Value Trends (in Billion US$), 2017 & 2022
Figure 24: Canada: OSB Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 25: Canada: Particle Board Market: Value Trends (in Billion US$), 2017 & 2022
Figure 26: Canada: Particle Board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 27: Canada: Other Engineered Woods Market: Value Trends (in Billion US$), 2017 & 2022
Figure 28: Canada: Other Engineered Woods Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 29: Canada: Engineered Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 30: Canada: Secondary Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 31: Canada: Secondary Paper Products Market: Breakup by Type (in %), 2017 & 2022
Figure 32: Canada: Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 33: Canada: Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 34: Canada: Paperboard Containers Market: Value Trends (in Billion US$), 2017 & 2022
Figure 35: Canada: Paperboard Containers Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 36: Canada: Secondary Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 37: Canada: Other Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 38: Canada: Other Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Table 1: Canada: Secondary Wood Products Market: Key Industry Highlights, 2022 and 2028
Table 2: Canada: Secondary Wood Products Market Forecast: Breakup by Type (in Billion US$), 2023-2028
Table 3: Canada: Secondary Wood Products Market: Competitive Structure
Table 4: Canada: Secondary Wood Products Market: Key Players
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