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Report
Saudi Arabia Wood Market - Industry Trends and Forecast to 2029
Market Report I 2022-10-01 I 97 Pages I Data Bridge Market Research
Saudi Arabia wood market is projected to register a 2.2% CAGR in the forecast period 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.
Market Segmentation:
Saudi Arabia Wood Market By Timber Type (Ash, Beech, Birch, Cedar, Fir, Mahogany, Maple, Oak, and Pine), Application (Fuel Wood, Industrial Round Wood, and Engineered Wood), Use (Construction, Flooring, Packaging, Transport, and others), End-Use (Residential and commercial, and Industrial), Type (Hardwood, Softwood, and Engineered Wood), Industry Trends and Forecast to 2029
Some of the major factors contributing to the growth of the market:
- Rising demand in commercial and residential building sectors
- Growing uses in packaging and transportation applications
Market Players:
Some of the major market players engaged in the Saudi Arabia wood market are
- Saudi Modern Factory Company
- Trust Wood
- Asala Wood
- ITCO
- Gupta Timbertrader Pvt. Ltd.
- Airolam decorative laminates
TABLE OF CONTENTS
1 INTRODUCTION 9
1.1 OBJECTIVES OF THE STUDY 9
1.2 MARKET DEFINITION 9
1.3 OVERVIEW OF SAUDI ARABIA WOOD MARKET 9
1.4 LIMITATION 10
1.5 MARKETS COVERED 11
2 MARKET SEGMENTATION 13
2.1 MARKETS COVERED 13
2.2 GEOGRAPHICAL SCOPE 14
2.3 YEARS CONSIDERED FOR THE STUDY 14
2.4 CURRENCY AND PRICING 14
2.5 DBMR TRIPOD DATA VALIDATION MODEL 15
2.6 WOOD TYPE LINE CURVE 18
2.7 MULTIVARIATE MODELING 19
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 20
2.9 DBMR MARKET POSITION GRID 22
2.10 MARKET APPLICATION COVERAGE GRID 23
2.11 DBMR MARKET CHALLENGE MATRIX 24
2.12 DBMR VENDOR SHARE ANALYSIS 25
2.13 IMPORT-EXPORT DATA 25
2.14 SECONDARY SOURCES 26
2.15 ASSUMPTIONS 27
3 EXECUTIVE SUMMARY 28
4 PREMIUM INSIGHTS 30
4.1 SAUDI ARABIA WOOD AND TIMBER MARKET, PESTEL ANALYSIS 31
4.1.1 OVERVIEW 31
4.1.2 POLITICAL FACTORS 31
4.1.3 ENVIRONMENTAL FACTORS 32
4.1.4 SOCIAL FACTORS 32
4.1.5 TECHNOLOGICAL FACTORS 32
4.1.6 ECONOMICAL FACTORS 32
4.1.7 LEGAL FACTORS 33
4.1.8 CONCLUSION 33
4.2 ILLEGAL WOOD IMPORTS FROM INDONESIA 34
4.3 CERTIFICATION 35
4.4 COMPLETE LIFE CYCLE OF WOOD AND TIMBER 37
4.5 LEGAL AND ILLEGAL IMPORT OF WOOD AND TIMBER INTO SAUDI ARABIA MARKET 39
4.6 SUSTAINABILITY FOR WOOD AND TIMBER 41
4.7 SUSTAINABILITY OF WOOD 43
4.8 TRANSPORT AND CUSTOM DETAILS OF TIMBER AND WOOD 44
4.9 REGULATION AND STANDARDS FOR WOOD AND TIMBER 46
5 MARKET OVERVIEW 47
5.1 DRIVERS 49
5.1.1 RISING DEMAND IN COMMERCIAL AND RESIDENTIAL BUILDING SECTORS 49
5.1.2 GROWING USES IN PACKAGING AND TRANSPORTATION APPLICATIONS 50
5.1.3 RISING IMPORTANCE OF LIGHT WOOD MATERIAL 50
5.2 RESTRAINTS 51
5.2.1 AVAILABILITY OF SUBSTITUTES SUCH AS PLASTICS AND METAL PRODUCTS 51
5.2.2 POTENTIAL DIRECT AND INDIRECT IMPACT OF CLIMATE CHANGE ON THE TIMBER INDUSTRY 52
5.3 OPPORTUNITIES 53
5.3.1 THE THRIVING COMMERCIAL SECTORS ARE PAVING THE PATH FOR WOOD PLASTIC COMPOSITES (WPC) 53
5.3.2 RISING INVESTMENT IN R&D AND VARIOUS PROJECTS 53
5.4 CHALLENGES 54
5.4.1 STRINGENT RULES AND REGULATIONS REGARDING THE TIMBER 54
5.4.2 SHRINKING OF THE FORESTS CAUSES WIDE-REACHING PROBLEMS 55
6 SAUDI ARABIA WOOD MARKET, BY TIMBER TYPE 56
6.1 OVERVIEW 57
6.2 MAHOGANY 58
6.3 OAK 58
6.4 ASH 59
6.5 BEECH 59
6.6 BIRCH 59
6.7 CEDAR 60
6.8 FIR 60
6.9 MAPLE 60
6.10 PINE 61
7 SAUDI ARABIA WOOD MARKET, BY APPLICATION 62
7.1 OVERVIEW 63
7.2 INDUSTRIAL ROUND WOOD 64
7.3 ENGINEERED WOODS 65
7.3.1 CROSS-LAMINATED TIMBER (CLT) 65
7.3.2 ORIENTED STRAND BOARDS (OSB) 65
7.3.3 GLULAM (GLUED LAMINATED TIMBER) 65
7.3.4 LAMINATED VENEER LUMBER (LVL) 65
7.3.5 I-BEAMS, PLYWOOD 65
7.3.6 OTHERS 66
7.4 FUEL WOOD 66
8 SAUDI ARABIA WOOD MARKET, BY USE 67
8.1 OVERVIEW 68
8.2 CONSTRUCTION 69
8.3 FLOORING 69
8.4 PACKAGING 70
8.5 TRANSPORT 70
8.6 OTHERS 70
9 SAUDI ARABIA WOOD MARKET, BY END USER 71
9.1 OVERVIEW 72
9.2 RESIDENTIAL AND COMMERCIAL 73
9.3 INDUSTRIAL 73
10 SAUDI ARABIA WOOD MARKET, BY WOOD TYPE 74
10.1 OVERVIEW 75
10.2 HARDWOOD 76
10.3 SOFTWOOD 76
11 SAUDI ARABIA WOOD MARKET, COMPANY LANDSCAPE 77
11.1 COMPANY SHARE ANALYSIS: SAUDI ARABIA 77
11.2 CERTIFICATION 78
12 SWOT ANALYSIS 79
13 COMPANY PROFILES 80
13.1 ITCO 80
13.1.1 COMPANY SNAPSHOT 80
13.1.2 PRODUCT PORTFOLIO 80
13.1.3 RECENT DEVELOPMENT 81
13.2 GUPTA TIMBERTRADER PVT. LTD. 82
13.2.1 COMPANY SNAPSHOT 82
13.2.2 PRODUCT PORTFOLIO 82
13.2.3 RECENT DEVELOPMENT 84
13.3 ASALA WOOD 85
13.3.1 COMPANY SNAPSHOT 85
13.3.2 PRODUCT PORTFOLIO 85
13.3.3 RECENT DEVELOPMENT 86
13.4 SAUDI MODERN FACTORY COMPANY 87
13.4.1 COMPANY SNAPSHOT 87
13.4.2 PRODUCT PORTFOLIO 87
13.4.3 RECENT DEVELOPMENT 88
13.5 TRUST WOOD 89
13.5.1 COMPANY SNAPSHOT 89
13.5.2 PRODUCT PORTFOLIO 89
13.5.3 RECENT DEVELOPMENT 90
13.6 AIROLAM DECORATIVE LAMINATES 91
13.6.1 COMPANY SNAPSHOT 91
13.6.2 REVENUE ANALYSIS 91
13.6.3 PRODUCT PORTFOLIO 92
13.6.4 RECENT DEVELOPMENT 93
14 QUESTIONNAIRE 94
15 RELATED REPORTS 97
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