Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 288.34 billion

CAGR (2024-2029)

6.77%

Fastest Growing Segment

Logging

Largest Market

Asia-Pacific

Market Size (2029)

USD 428.12 billion

 

Market Overview

Global Forestry and Logging Market was valued at USD 288.34 billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 6.77% through 2029. The forestry and logging market encompasses the sale of forestry products and logs by various entities, including organizations, sole traders, and partnerships. These entities engage in the production or harvesting of forestry products and logs through activities such as timber tract cultivation, timber operations, cutting and transportation of timber, cultivation of trees for reforestation, and the collection of forest products like bark, gums, and fibers. With growing environmental concerns and regulations, there is a heightened focus on sustainable forestry practices. Companies are increasingly adopting certification systems such as the Forest Stewardship Council (FSC) and Programme for the Endorsement of Forest Certification (PEFC) to ensure responsible forest management. The adoption of technology is revolutionizing the forestry and logging sector. From drones for aerial surveys to advanced GPS systems for precision logging, technology is enhancing efficiency, reducing environmental impact, and improving safety in forestry operations.

Key Market Drivers

Rising Demand for Wooden Buildings

In recent years, the global construction landscape has witnessed a paradigm shift towards sustainable and eco-friendly practices. Among the notable trends driving this change is the rising demand for wooden buildings. This shift not only reflects a growing preference for environmentally conscious construction materials but also presents a significant opportunity for the expansion of the Global Forestry and Logging Market.

The escalating concern for environmental sustainability has led architects, builders, and consumers alike to seek building materials with a smaller carbon footprint. Wood, being a renewable resource, aligns perfectly with these aspirations. The use of wood in construction helps offset the environmental impact associated with traditional building materials, and this commitment to sustainability is a major driver of the increased demand for wooden buildings.

Wooden buildings offer a timeless aesthetic appeal and a natural warmth that is unparalleled. As architects and homeowners prioritize designs that seamlessly blend with the environment, the demand for wooden structures has surged. This aesthetic preference is not only contributing to the growth of the construction industry but is also spurring an increased need for quality timber, thus stimulating the Forestry and Logging Market.

Governments worldwide are recognizing the importance of sustainable construction practices and are implementing regulations to promote the use of renewable materials. Incentives, subsidies, and green building certifications are being offered to projects that prioritize wood as a primary building material. This regulatory support creates a conducive environment for the Forestry and Logging Market to flourish, as it encourages the responsible cultivation and harvesting of timber.

The rising demand for wooden buildings has prompted advancements in timber processing technologies. Innovations in lumber milling, treatment, and preservation methods have enhanced the quality and durability of wood, making it an even more attractive option for construction. These technological improvements not only meet the stringent requirements of modern construction but also contribute to the efficiency of the Forestry and Logging Market.

As urbanization continues to accelerate globally, especially in emerging economies, the demand for cost-effective and sustainable housing solutions is on the rise. Wooden buildings offer a viable solution to meet these demands, creating a steady market for timber and forestry products. This urbanization trend is a significant factor propelling the growth of the Forestry and Logging Market.

Growing Utilization of Biomass

In the quest for sustainable and renewable energy sources, the spotlight is increasingly turning towards biomass. Biomass, derived from organic materials such as forestry products, holds immense potential as a clean and green energy solution. This shift towards renewable energy is not only benefiting the environment but is also providing a substantial impetus to the Global Forestry and Logging Market.

Biomass, derived from forestry products such as wood chips, sawdust, and other organic materials, serves as a renewable energy source. As the world seeks alternatives to fossil fuels, biomass offers a sustainable solution by harnessing the energy stored in organic matter. This increased focus on renewable energy has created a burgeoning demand for forestry products, amplifying the significance of the forestry and logging industry.

Governments and industries globally are striving to diversify their energy mix to reduce dependence on non-renewable sources. Biomass plays a crucial role in this diversification strategy, contributing to a more balanced and environmentally friendly energy portfolio. The heightened demand for biomass as an energy source directly translates into increased activity in the forestry and logging sector as it becomes a primary supplier of raw materials for biomass production.

The rise of bioenergy markets, driven by the utilization of biomass for power generation and heating, is a key factor propelling the forestry and logging industry forward. As countries set ambitious targets for increasing the share of renewable energy in their overall energy consumption, the demand for biomass as a feedstock for bioenergy projects is on the ascent. This burgeoning market represents a significant growth opportunity for the forestry and logging sector.

The growing awareness of environmental issues and the need for sustainable practices are pushing industries to adopt greener alternatives. Biomass, being a carbon-neutral energy source, aligns well with these sustainability initiatives. As businesses and governments prioritize eco-friendly solutions, the demand for biomass sourced from responsibly managed forests is creating a positive ripple effect throughout the forestry and logging market.

Advancements in biomass processing technologies are enhancing the efficiency and viability of using biomass as an energy source. Improved methods for extracting energy from forestry products, coupled with innovations in biomass conversion processes, are expanding the market for biomass-derived energy. This, in turn, places the forestry and logging industry at the forefront of supplying the necessary raw materials to meet this growing demand.

Increasing Demand for Wooden Furniture

Wooden furniture, with its timeless appeal and environmental allure, is experiencing a surge in demand globally. As consumers and businesses increasingly prioritize sustainable and aesthetically pleasing options, the demand for wooden furniture is becoming a significant driver for the growth of the Global Forestry and Logging Market.

In an era where sustainability is paramount, consumers are leaning towards environmentally friendly choices. Wooden furniture, sourced from responsibly managed forests, aligns perfectly with this eco-conscious trend. The increasing awareness of the environmental impact of furniture production materials has led to a growing preference for wood, creating a direct and positive impact on the forestry and logging sector.

Wooden furniture is celebrated for its natural warmth, versatility, and timeless aesthetic appeal. As consumers seek to personalize their living and working spaces, the demand for unique and customizable wooden furniture is on the rise. This quest for individuality translates into a steady need for diverse wood types, shapes, and sizes, thus fostering growth in the forestry and logging market.

The global boom in housing and commercial construction projects is a significant driver behind the increasing demand for wooden furniture. As new buildings and spaces come to life, the need for furnishings follows suit. Wooden furniture, with its ability to complement various architectural styles, is becoming a staple in both residential and commercial settings, contributing to sustained growth in the forestry and logging industry.

The rise of e-commerce platforms has facilitated easier access to a wide variety of wooden furniture options for consumers worldwide. This increased accessibility has expanded the market reach for wooden furniture, creating a ripple effect on the demand for raw materials from the forestry and logging sector. E-commerce has become a powerful channel connecting consumers with a diverse array of wooden furniture products.

Corporations, recognizing the importance of sustainable practices, are incorporating wooden furniture into their office spaces as part of broader environmental initiatives. The demand for wooden office furniture, from desks to chairs, is growing as businesses prioritize eco-friendly solutions. This corporate emphasis on sustainability acts as a driving force for the forestry and logging market to supply responsibly sourced wood for the production of these furnishings.

Adoption of Automated Forestry Management

The Global Forestry and Logging Market is undergoing a profound transformation as technological advancements pave the way for automated forestry management. The integration of automation into traditional forestry practices is not just a leap forward in efficiency but also a key driver for the growth of the industry.

Automated forestry management systems leverage cutting-edge technologies such as artificial intelligence, drones, and sensors to enhance operational efficiency. From tree planting to harvesting, these technologies enable precise and data-driven decision-making, minimizing waste and optimizing resource utilization. The result is a more streamlined and productive forestry process, which contributes to the overall growth of the industry.

Automated forestry management introduces mechanization at various stages of the forestry value chain, reducing the reliance on manual labor. This not only addresses challenges related to labor shortages but also leads to significant cost savings. Automated machinery, equipped with advanced sensors and control systems, can perform tasks with speed and accuracy, ultimately contributing to the economic viability of forestry operations.

Real-time monitoring of timber tracts is a game-changer in the forestry and logging sector. Automated systems provide continuous surveillance of forested areas, allowing for early detection of diseases, pests, and unauthorized activities. This proactive approach to forest management not only protects the health of the forest but also ensures a sustainable and resilient supply of timber, fostering growth in the market.

Automated forestry management enables precision logging, wherein advanced machinery can selectively harvest trees based on size, species, and maturity. This level of precision not only minimizes environmental impact but also optimizes the quality of harvested wood. The result is a more sustainable and eco-friendly approach to logging, aligning with the increasing demand for responsibly sourced timber and wood products.

The adoption of automated forestry management systems generates a wealth of data related to forest health, timber quality, and operational efficiency. Analyzing this data allows forestry professionals to make informed decisions, identify trends, and implement strategies for continuous improvement. Data-driven decision-making is a powerful tool for optimizing forestry operations, reducing risks, and fostering growth in the industry.


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Key Market Challenges

Environmental Sustainability and Conservation

One of the foremost challenges confronting the forestry and logging sector is the delicate balance between meeting global demand and preserving forest ecosystems. Unsustainable logging practices, deforestation, and habitat destruction can lead to irreversible environmental damage, impacting biodiversity, soil quality, and water resources. Striking a balance between economic needs and environmental conservation remains a persistent challenge.

Illegal Logging and Timber Trade

The illicit practice of illegal logging poses a substantial threat to the forestry and logging industry. Unauthorized timber harvesting not only undermines the sustainability of forests but also contributes to deforestation and environmental degradation. Tackling illegal logging requires international collaboration, stringent regulations, and effective enforcement mechanisms, adding a layer of complexity to the industry's challenges.

Community and Indigenous Rights

Many forestry and logging activities occur in areas inhabited by local communities and indigenous peoples. Balancing the economic benefits of logging with the rights and interests of these communities is a sensitive challenge. Inadequate recognition of indigenous land rights and insufficient community engagement can lead to social conflicts, legal disputes, and reputational damage for the forestry and logging industry.

Key Market Trends

Digital Transformation and Precision Forestry

The integration of technology is ushering in a new era of precision forestry. From drones and satellite imaging to Internet of Things (IoT) sensors, digital tools are enhancing the efficiency of forest management. Precision forestry enables accurate monitoring of tree health, optimized harvesting, and real-time data collection, allowing stakeholders in the forestry and logging sector to make informed decisions and improve overall productivity.

Circular Economy and Wood Recycling

Embracing the principles of a circular economy, the forestry and logging sector is increasingly focusing on wood recycling. Innovations in wood processing technologies enable the repurposing and recycling of wood waste and discarded products, reducing environmental impact. This trend aligns with the growing emphasis on sustainable practices and the reduction of waste in the entire wood product life cycle.

Eco-Friendly Construction Materials

With the global construction industry shifting towards sustainable practices, there is a rising demand for eco-friendly construction materials. Wood, being a renewable resource, is gaining prominence as a primary construction material. The use of engineered wood products, such as cross-laminated timber (CLT), is becoming more prevalent, reflecting a trend towards environmentally conscious building practices.

Segmental Insights

Type Insights

Based on the category of Type, Logging is poised to dominate the global forestry and logging market for several compelling reasons. Firstly, technological advancements in logging equipment and machinery have significantly enhanced efficiency, reducing operational costs and increasing productivity. This allows logging companies to meet the growing demand for wood products in a sustainable and economically viable manner. Secondly, the increasing global awareness of environmental conservation has led to a rise in sustainable forestry practices, wherein logging is carefully managed to minimize ecological impact. This shift towards responsible logging aligns with consumer preferences for eco-friendly products, giving logging a competitive edge. Additionally, the demand for wood-based products, including construction materials and paper, continues to rise, further driving the prominence of logging in the market. In summary, the combination of technological innovation, sustainable practices, and rising global demand positions logging as the dominant type in the ever-evolving global forestry and logging sector.

Application Insights

Construction is set to dominate as a key application in the global forestry and logging market due to a confluence of factors driving demand. The global construction industry is experiencing robust growth, fueled by increasing urbanization, infrastructure development projects, and a surge in residential and commercial construction. Wood, as a renewable and versatile material sourced from logging activities, plays a pivotal role in construction, being used for structural components, furniture, and various finishing materials. Moreover, the growing emphasis on sustainable and eco-friendly construction practices has heightened the appeal of wood as a building material, aligning with the broader environmental consciousness. Logging operations, with their ability to supply high-quality timber sustainably, are crucial in meeting the escalating demand from the construction sector. As a result, the integration of logging outputs into construction applications positions it as a dominant force within the global forestry and logging market, driven by the dynamic needs of the thriving construction industry.


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Regional Insights

Asia-Pacific is poised to dominate the global forestry and logging market for several compelling reasons. Firstly, the region is home to some of the world's fastest-growing economies, leading to increased demand for timber and wood products in construction, manufacturing, and various industries. Rapid urbanization and infrastructure development projects in countries like China and India contribute significantly to this demand. Secondly, the vast and diverse landscapes in the Asia-Pacific region provide ample opportunities for forestry and logging activities. The region encompasses a rich array of timber resources, both hardwood and softwood, supporting a thriving logging industry. Furthermore, the focus on sustainable forestry practices and the implementation of stringent environmental regulations in several Asia-Pacific countries align with global trends, ensuring responsible and eco-friendly logging practices. Lastly, the strategic positioning of Asia-Pacific as a major exporter of wood and wood products further solidifies its dominance in the global forestry and logging market. Overall, the combination of economic growth, abundant natural resources, commitment to sustainability, and global market influence positions Asia-Pacific as a powerhouse in the forestry and logging sector.

Recent Developments

  • In January 2024, Poland's newly elected government declared a suspension of scheduled logging activities in what they deem as some of the nation's most prized forested areas. The preceding administration, in power from 2015 until recently, frequently encountered disapproval for permitting heightened levels of logging. These restrictions on logging will be implemented for a duration of six months across ten specified regions, encompassing areas such as northeastern Poland, the southeastern Bieszczady mountains, the Tricity Landscape Park along the Baltic coast, and the vicinity of Wrocław, Poland's third-largest urban center.

Key Market Players

  • Weyerhaeuser Company
  • China Forestry Group Corporation
  • Rayonier Inc
  • PotlatchDeltic Corp
  • Forestry Commission of New South Wales
  • China Jilin Forest Industry Group Co Ltd
  • Tilhill Forestry Ltd
  • CatchMark Timber Trust Inc
  • Hancock Victorian Plantations Pty Ltd
  • Oji Holdings Corporation

 By Type

By Application

By Region

  • Logging
  • Timber Tract Operations
  • Forest Nurseries and Gathering Of Forest Products
  • Construction
  • Industrial Goods
  • Others
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Forestry and Logging Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Forestry and Logging Market, By Type:

o   Logging

o   Timber Tract Operations

o   Forest Nurseries and Gathering Of Forest Products

  • Forestry and Logging Market, By Application:

o   Construction

o   Industrial Goods

o   Others

  • Forestry and Logging Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Forestry and Logging Market.

Available Customizations:

Global Forestry and Logging market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Forestry and Logging Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]               

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Forestry and Logging Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

5.2.2.     By Application (Construction, Industrial Goods, Others)

5.2.3.     By Region

5.2.4.     By Company (2023)

5.3.  Product Market Map

5.3.1.     By Type

5.3.2.     By Application

5.3.3.     By Region

6.    North America Forestry and Logging Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

6.2.2.     By Application (Construction, Industrial Goods, Others)

6.2.3.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Forestry and Logging Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Type

6.3.1.2.2.             By Application

6.3.2.     Canada Forestry and Logging Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Type

6.3.2.2.2.             By Application

6.3.3.     Mexico Forestry and Logging Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Type

6.3.3.2.2.             By Application

7.    Europe Forestry and Logging Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

7.2.2.     By Application (Construction, Industrial Goods, Others)

7.2.3.     By Country

7.3.  Europe: Country Analysis

7.3.1.     Germany Forestry and Logging Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.2.     United Kingdom Forestry and Logging Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.3.     France Forestry and Logging Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

7.3.4.     Italy Forestry and Logging Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Application

7.3.5.     Spain Forestry and Logging Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Application

8.    Asia-Pacific Forestry and Logging Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

8.2.2.     By Application (Construction, Industrial Goods, Others)

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Forestry and Logging Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.2.     Japan Forestry and Logging Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.3.     India Forestry and Logging Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

8.3.4.     Australia Forestry and Logging Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Application

8.3.5.     South Korea Forestry and Logging Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Application

9.    South America Forestry and Logging Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

9.2.2.     By Application (Construction, Industrial Goods, Others)

9.2.3.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Forestry and Logging Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.2.     Argentina Forestry and Logging Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.3.     Colombia Forestry and Logging Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

10.  Middle East and Africa Forestry and Logging Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type (Logging, Timber Tract Operations, Forest Nurseries and Gathering Of Forest Products)

10.2.2.  By Application (Construction, Industrial Goods, Others)

10.2.3.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Forestry and Logging Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Application

10.3.2.  Saudi Arabia Forestry and Logging Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Application

10.3.3.  UAE Forestry and Logging Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Application

10.3.4.  Kuwait Forestry and Logging Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Type

10.3.4.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Recent Development

12.2.              Mergers & Acquisitions

12.3.              Product Launches

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Products

14.    Competitive Landscape

14.1.  Weyerhaeuser Company

14.1.1.     Business Overview

14.1.2.     Company Snapshot

1.1.3.     Products & Services

14.1.4.     Financials (As Reported)

14.1.5.     Recent Developments

14.1.6.     Key Personnel Details

14.1.7.     SWOT Analysis

14.2.  China Forestry Group Corporation

14.3.  Rayonier Inc

14.4.  PotlatchDeltic Corp

14.5.  Forestry Commission of New South Wales

14.6.  China Jilin Forest Industry Group Co Ltd

14.7.  Tilhill Forestry Ltd

14.8.  CatchMark Timber Trust Inc

14.9.  Hancock Victorian Plantations Pty Ltd

14.10.Oji Holdings Corporation

15.    Strategic Recommendations

16.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Forestry and Logging Market was estimated to be USD 288.34 billion in 2023.

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Weyerhaeuser Company, China Forestry Group Corporation, Rayonier Inc, PotlatchDeltic Corp, Forestry Commission of New South Wales, China Jilin Forest Industry Group Co Ltd, Tilhill Forestry Ltd, CatchMark Timber Trust Inc, Hancock Victorian Plantations Pty Ltd, Oji Holdings Corporation are some of the key players operating in the Global Forestry and Logging Market.

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Illegal Logging & Timber Trade, Climate Change & Extreme Weather Events, Community & Indigenous Rights, are some of the major challenges faced by the Global Forestry and Logging Market in the upcoming years.

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Rising demand for wooden buildings and adoption of automated forestry management are the major drivers for the Global Forestry and Logging Market.

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Sakshi Bajaal

Business Consultant
Press Release

Forestry and Logging Market to Grow with a CAGR of 6.77% through 2029

Apr, 2024

Adoption of automated forestry management and increasing demand for wooden furniture is expected to drive the Global Forestry and Logging Market growth in the forecast period, 2025-2029.