Global Laminated Timber Market Report and Forecast 2024-2032
Market Report I 2024-01-25 I 219 Pages I EMR Inc.
Global Laminated Timber Market Report and Forecast 2024-2032
Market Outlook
According to the report by Expert Market Research (EMR), the global laminated timber market is being propelled by the global cross laminated timber industry, which attained a value of about USD 995.98 million in 2023. Aided by the mounting demand for sustainable building materials and the versatile applications of laminated timber in contemporary architectural designs, the market is further expected to grow in the forecast period of 2024-2032, supported by the global cross laminated timber industry at a CAGR of 13%.
Laminated timber, frequently referred to as glued laminated timber or glulam, is an engineered wood product manufactured by bonding together individual layers of timber. This composite material is renowned for its strength, flexibility, and environmental sustainability. Laminated timber's appeal lies in its aesthetic versatility; it can be moulded into a variety of shapes, rendering it a favourite among modern architects and designers.
The growing consciousness towards eco-friendly construction materials is a driving force behind the laminated timber market growth. With climate change taking centre stage globally, there's a rising demand for sustainable and renewable construction materials, placing laminated timber in a favourable position. Its lower carbon footprint compared to concrete and steel reinforces its reputation as a green alternative.
Simultaneously, the global architecture industry is experiencing a renaissance in wooden constructions. From skyscrapers to bridges, laminated timber is heralded for its ability to blend structural strength with visual appeal. These contemporary wooden structures not only reduce the overall weight of the building but also offer earthquake resilience, a feature particularly appealing to seismic zones.
Furthermore, the inherent properties of laminated timber, such as thermal efficiency and sound insulation, are propelling the laminated timber market demand in residential constructions. With urban areas grappling with noise and temperature fluctuations, laminated timber structures offer a cocoon of tranquillity and comfort.
In industrial applications, laminated timber's attributes extend beyond aesthetics and sustainability. Its lightweight nature, combined with its formidable strength, makes it a desired material in constructing warehouses, hangars, and factories. Its ability to span long distances without intermediary columns offers an expansive and flexible interior space.
The cosmetics of laminated timber cannot be understated. In the sphere of interior design, laminated timber beams, arches, and columns are coveted for the warmth and natural elegance they bring. The demand for spaces that mirror natural environments, a trend known as biophilic design, is further influencing the laminated timber market outlook.
Innovation in the laminated timber sector is paving the way for broader applications. Fire-resistant laminated timber, developed through intensive research, is finding its way into public buildings, schools, and other infrastructures that prioritise safety. Moreover, advancements in adhesive technologies are ensuring that laminated timber structures have longevity and resistance to environmental elements.
Market Segmentation
The market can be divided based on type, end use, and region.
Market Breakup by Type
- Cross Laminated Timber (CLT)
- Glue Laminated Timber (Glulam)
- Nail Laminated Timber (NLT)
- Others
Market Breakup by End Use
- Residential
- Institutional
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global laminated timber market. Some of the major players explored in the report by Expert Market Research are as follows:
- Ace Hardware Corporation
- Century Furniture LLC
- Forever Patio
- Haworth, Inc.
- Nilkamal Furniture
- Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Laminated Timber Market Analysis
8.1 Key Industry Highlights
8.2 Global Laminated Timber Historical Market (2018-2023)
8.3 Global Laminated Timber Market Forecast (2024-2032)
8.4 Global Laminated Timber Market by Type
8.4.1 Cross Laminated Timber (CLT)
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Glue Laminated Timber (Glulam)
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Nail Laminated Timber (NLT)
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Laminated Timber Market by End Use
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Institutional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Commercial
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Laminated Timber Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Laminated Timber Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Laminated Timber Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Spain
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Asia Pacific Laminated Timber Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
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 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Ace Hardware Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Century Furniture LLC
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Forever Patio
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Haworth, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Nilkamal Furniture
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Laminated Timber Market: Key Industry Highlights, 2018 and 2032
2. Global Laminated Timber Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Laminated Timber Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Laminated Timber Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Laminated Timber Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Laminated Timber Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Laminated Timber Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Laminated Timber Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Laminated Timber Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Laminated Timber Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Laminated Timber Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Laminated Timber Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Laminated Timber Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Laminated Timber Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Laminated Timber Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. MEA Laminated Timber Historical Market: Breakup by Country (USD Billion), 2018-2023
17. MEA Laminated Timber Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Laminated Timber Market Structure
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.