Global Engineered Wood Market is estimated to be valued at USD 8.22 Bn in 2025 and is expected to reach USD 13.65 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 8.22 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.50%
2032 Value Projection:
USD 13.65 Bn
Figure. Engineered Wood Market Share (%), By Region 2025
Engineered wood products are manufactured by binding or fixing together wood strands, veneers, particles, or fibers with adhesives to form a composite material. This process enables the manufacture of wood products with enhanced durability and structural integrity when compared to natural wood. Engineered wood finds wide application in the construction industry in flooring, roofing, exterior siding, and beams owing to properties like dimensional stability, strength, and moisture resistance. Rising demand for affordable and sustainable construction materials is expected to drive the growth of the engineered wood market in the coming years.
Market Dynamics:
The global engineered wood market is driven by factors such as rapid urbanization, growth in the real estate, and construction industries and rising consumer preference for green building materials. Engineered wood possesses properties such as dimensional stability, strength and moisture resistance which makes it suitable for applications in flooring, roofing, and beams where durability is important. This coupled with its affordable price point compared to solid wood has supported its increasing adoption. However, factors such as fluctuating raw material prices and stringent forestry regulations in certain countries pose a challenge to market growth. Ongoing R&D towards the development of engineered wood variants with superior performance characteristics presents an opportunity for market players to expand to niche application areas such as automotive and marine interiors.
Key Features of the Study:
This report provides in-depth analysis of the global engineered wood market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global engineered wood market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Binderholz GmbH, Boise Cascade, Georgia-Pacific , HASSLACHER Holding GmbH, Havwoods India Pvt Ltd, Huber Engineered Woods LLC, KLH Massivholz Wiesenau GmbH, Kronoplus Limited, Louisiana-Pacific Corporation, Mayr-Melnhof Holz Holding AG, Norbord Inc, Nordic Structures, Woodtech Corporation, Resolute Forest Products, Roseburg, Stora Enso, West Fraser, and Weyerhaeuser Company
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global engineered wood market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global engineered wood market
Detailed Segmentation-
By Type:
Plywood
Oriented Strand Board (OSB)
Glulam
Cross Laminated Timber (CLT)
Laminated Veneer Lumber (LVL)
Other Types
By Application:
Non-residential
Residential
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Binderholz GmbH
Boise Cascade
Georgia-Pacific
HASSLACHER Holding GmbH
Havwoods India Pvt Ltd
Huber Engineered Woods LLC
KLH Massivholz Wiesenau GmbH
Kronoplus Limited
Louisiana-Pacific Corporation
Mayr-Melnhof Holz Holding AG
Norbord Inc
Nordic Structures
Woodtech Corporation
Resolute Forest Products
Roseburg
Stora Enso
West Fraser
Weyerhaeuser Company
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Engineered Wood Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Engineered Wood Market
Impact Analysis
5. Global Engineered Wood Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Plywood
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Oriented Strand Board (OSB)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Glulam
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Cross Laminated Timber (CLT)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Laminated Veneer Lumber (LVL)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Other Types
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
6. Global Engineered Wood Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Non-residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
Residential
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020 - 2032, (US$ Bn)
Segment Trends
7. Global Engineered Wood Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
North America
Introduction
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn))
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Type, 2020 - 2032, (US$ Bn)
Market Size and Forecast, By Application, 2020 - 2032 (US$ Bn)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn)