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Report
North America Secondary Wood Products Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-09-04 I 124 Pages I IMARC Group
Market Overview:
The North America secondary wood products market size reached US$ 216.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 244.3 Billion by 2028, exhibiting a growth rate (CAGR) of 1.9% during 2023-2028.
Secondary wood products, also known as value-added wood products, refer to the products that are manufactured by processing primary wood products such as lumber, timber, pulp, etc. Secondary wood products majorly include wood furniture such as wooden kitchen, cabinets and countertops, engineered wood products, wooden pallets, and secondary paper products.
The secondary wood products market in North America is majorly being driven by the growth of the construction sector. The economic reforms and expansion of commercial real estate has positively impacted the growth of the industry in this region. The low production costs of secondary wood products have increased their demand in both the residential and commercial building sectors. Moreover, North America has the availability of forest reserves in massive amounts. As a result, the raw materials procurement to manufacture these products is also hassle-free. In addition to this, North America is one of the fastest growing markets for engineered wood products such as laminated veneer lumber (LVL). Lucrative growth in engineered wood products segment offers significant growth prospects to the secondary wood products industry. Furthermore, North American wooden products are also gaining traction in the Asian and European markets.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America secondary wood products market report, along with forecasts at the regional and country levels from 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 currently represents the biggest segment, accounting for the largest market share.
Breakup by Country:
United States
Canada
At present, the United States exhibits a clear dominance in the market.
Competitive Landscape:
The report has also examined the competitive landscape of North America secondary wood products market. Some of the major players include Ashley Furniture Industries, Steelcase, HNI Corporation, Herman Miller, Weyerhaeuser Company, etc.
Key Questions Answered in This Report:
How has the North America secondary wood products market performed so far and how will it perform in the coming years?
What are the key regions in the North America secondary wood products market?
What has been the impact of COVID-19 on the North America secondary wood products market?
Which are the popular product types in the North America secondary wood products market?
What are the various stages in the value chain of the North America secondary wood products industry?
What are the key driving factors and challenges in the North America secondary wood products industry?
What is the structure of the North America secondary wood products industry and who are the key players?
What is the degree of competition in the North America 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 North America 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 Breakup by Country
5.6 Market Forecast
5.7 SWOT Analysis
5.7.1 Overview
5.7.2 Strengths
5.7.3 Weaknesses
5.7.4 Opportunities
5.7.5 Threats
5.8 Value Chain Analysis
5.8.1 Overview
5.8.2 Raw Material Procurement
5.8.3 Manufacturing
5.8.4 Marketing
5.8.5 Distribution
5.8.6 End-Use
5.9 Porters Five Forces Analysis
5.9.1 Overview
5.9.2 Bargaining Power of Buyers
5.9.3 Bargaining Power of Suppliers
5.9.4 Degree of Competition
5.9.5 Threat of New Entrants
5.9.6 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 Others
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 Others
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 Market Breakup by Country
7.1 United States
7.1.1 Market Performance
7.1.2 Market Forecast
7.2 Canada
7.2.1 Market Performance
7.2.2 Market Forecast
8 Secondary Wood Products Manufacturing Process
8.1 Products Overview
8.2 Raw Material Requirements
8.3 Manufacturing Process
8.4 Key Success and Risk Factors
9 Competitive Landscape
9.1 Market Structure
9.2 Key players
9.2.1 Ashley Furniture Industries
9.2.2 Steelcase
9.2.3 HNI Corporation
9.2.4 Herman Miller
9.2.5 Weyerhaeuser Company
Figure 1: North America: Secondary Wood Products Market: Major Drivers and Challenges
Figure 2: North America: Secondary Wood Products Market: Value Trends (in Billion US$), 2017-2022
Figure 3: North America: Secondary Wood Products Market: Breakup by Type (in %), 2022
Figure 4: North America: Secondary Wood Products Market: Breakup by Country (in %), 2022
Figure 5: North America: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 6: North America: Secondary Wood Products Industry: SWOT Analysis
Figure 7: North America: Secondary Wood Products Industry: Value Chain Analysis
Figure 8: North America: Secondary Wood Products Industry: Porter's Five Forces Analysis
Figure 9: North America: Wood Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 10: North America: Wood Furniture Market: Breakup by Type (in %), 2022
Figure 11: North America: Office Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 12: North America: Office Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 13: North America: Household & Institution Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 14: North America: Household & Institution Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 15: North America: Wooden Kitchen, Cabinets and Countertops Market: Value Trends (in Billion US$), 2017 & 2022
Figure 16: North America: Wooden Kitchen, Cabinets and Countertops Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 17: North America: Other Wooden Furniture Market: Value Trends (in Billion US$), 2017 & 2022
Figure 18: North America: Other Wooden Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 19: North America: Wood Furniture Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 20: North America: Engineered Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 21: North America: Engineered Wood Products Market: Breakup by Type (in %), 2017 & 2022
Figure 22: North America: Plywood Market: Value Trends (in Billion US$), 2017 & 2022
Figure 23: North America: Plywood Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 24: North America: OSB Market: Value Trends (in Billion US$), 2017 & 2022
Figure 25: North America: OSB Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 26: North America: Particle board Market: Value Trends (in Billion US$), 2017 & 2022
Figure 27: North America: Particle board Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 28: North America: Other Engineered Woods Market: Value Trends (in Billion US$), 2017 & 2022
Figure 29: North America: Other Engineered Woods Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 30: North America: Engineered Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 31: North America: Secondary Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 32: North America: Secondary Paper Products Market: Breakup by Type (in %), 2022
Figure 33: North America: Paper Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 34: North America: Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 35: North America: Paperboard Containers Market: Value Trends (in Billion US$), 2017 & 2022
Figure 36: North America: Paperboard Containers Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 37: North America: Secondary Paper Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 38: North America: Other Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 39: North America: Other Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 40: United States: Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 41: United States: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Figure 42: Canada: Secondary Wood Products Market: Value Trends (in Billion US$), 2017 & 2022
Figure 43: Canada: Secondary Wood Products Market Forecast: Value Trends (in Billion US$), 2023-2028
Table 1: North America: Secondary Wood Products Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Secondary Wood Products Market Forecast: Breakup by Type (in Billion US$), 2023-2028
Table 3: North America: Secondary Wood Products Market Forecast: Breakup by Country (in Billion US$), 2023-2028
Table 4: North America: Secondary Wood Products Market: Competitive Structure
Table 5: North America: Secondary Wood Products Market: Key Players
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