Lumber increased 124.05 USD/1000 board feet or 22.55% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on March of 2025.

According to Cognitive Market Research, the global Lumber market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The sustainable products category is the fastest growing segment of the Lumber industry

Market Dynamics of Lumber Market

Key Drivers for Lumber Market

Increased infrastructure development fuels lumber consumption and market growth to Boost Market Growth

The key drivers that dominate the growth of the lumber market due to increased infrastructure development include rising urbanization, population growth, and an expanding construction sector. As countries invest heavily in infrastructure projects such as roads, bridges, and residential and commercial buildings, there is a growing demand for Lumber as a primary building material. Additionally, the increasing focus on sustainable and eco-friendly construction practices has led to a preference for wood-based products, driving up lumber consumption. Government initiatives and policies aimed at enhancing urban development and improving infrastructure further stimulate the demand for Lumber. Moreover, the growing trend of wood's aesthetic and environmental benefits in interior design and construction projects contributes to market growth. The continuous development of new technologies in lumber processing and efficient supply chain management also boosts the availability of quality lumber, enhancing its consumption in the market. These factors collectively fuel the global lumber market growth.

Rising home construction projects drive lumber demand and prices

Rising home construction projects are a key driver of increased lumber demand and prices. The expansion of residential construction, fueled by population growth, urbanization, and low interest rates, boosts the need for Lumber. As more people seek homeownership and housing inventory remains limited, the demand for building materials, particularly Lumber, intensifies. Supply chain disruptions, limited mill capacity, and labor shortages further exacerbate the supply-demand imbalance, contributing to price hikes. Additionally, increasing government investment in infrastructure and housing projects, along with the shift toward sustainable building practices, is expected to continue driving demand for Lumber in the coming years.

Restraint Factor for the Lumber Market

Unpredictable timber costs affect pricing and profitability

Unpredictable timber costs pose significant restraints in the timber industry, directly influencing pricing and profitability. Fluctuations in raw material costs, driven by factors like supply chain disruptions, environmental regulations, and demand shifts, make it difficult for businesses to forecast expenses. This uncertainty can lead to pricing instability, forcing companies to either absorb higher costs or pass them onto consumers, which impacts competitiveness. Additionally, profitability is threatened as businesses struggle to maintain margins amidst rising or volatile timber prices. Long-term planning and financial stability are hindered, limiting growth opportunities and operational efficiency.

Impact of Covid-19 on the Lumber Market

The COVID-19 pandemic significantly impacted the lumber market, causing supply chain disruptions and labor shortages. As construction activities were temporarily halted and sawmills faced closures or reduced operations, lumber production dropped, leading to supply shortages. The demand for Lumber surged as housing...

The price of lumber in the United States fluctuated widely over the last five years, from a low of 240 dollars per 1,000 board feet in January 2016 to a peak of over 1,500 dollars in April 2021. This overall increase has not been linear though, with, for example, lumber prices falling by around 50 percent between June and September 2018, and again between August and October 2020. The value fell again by around 75 percent between May and August 2021. As of the end of December 2024, the price of lumber stood at 550.5 U.S. dollars per thousand board feet. Which nations are at the forefront of lumber production? The production of lumber is dependent on the availability of forest resources, market demand, and technological advances. Sustainable forest management practices a continuous supply of timber, while economic factors and construction activity drive demand. Among the countries countries with the largest production of lumber were China and the United States. Other countries with a relatively high lumber production rate were Russia, China, and Brazil.

American lumber prices have decreased threefold, closing in on pre-COVID levels, which should drive global prices down. The change in lumber prices is largely influenced by slumping demand for real estate which became more expensive from diminished access. In Russia, the world’s largest supplier, a sharp increase in lumber exports led to a shortage in the domestic market. Attempting to hold the price growth instigated by that, the Russian government implemented 10% export duties on lumber until the end of 2021. Due to this, the main importers of Russian goods may opt for other suppliers.

Pressure-Treated Wood Market size was valued at USD 2,208.12 Million in 2023 and is projected to reach USD 4,179.18 Million by 2030, growing at a CAGR of 9.4% during the forecast period 2024-2030.

Global Pressure-Treated Wood Market Drivers

The market drivers for the Pressure-Treated Wood Market can be influenced by various factors. These may include:

Building & Construction Activities: The market for pressure-treated wood is mostly driven by the building and construction sector. Pressure-treated wood is in demand because it is frequently utilised in outdoor constructions, decks, fences, and other construction applications.
Growth in Residential Construction: The need for pressure-treated wood is directly impacted by the rise in residential building, which is fueled by factors including urbanisation, population increase, and housing demand. In residential constructions, treated wood is frequently utilised for outside applications like as decking and framing.
Reconstruction and Renovation Projects: Pressure-treated wood is in demand because of renovation and repair operations in the commercial and residential sectors. Due to its strength and resistance to decay, treated wood is frequently used by businesses and homeowners to renovate outdoor constructions.
Development of Infrastructure: Numerous infrastructure projects, such as utility poles, bridges, and maritime buildings, require pressure-treated wood. The demand for pressure-treated wood is driven by the expansion of regional and national infrastructure building programmes.
A greater emphasis on outdoor living areas: The popularity of building patios and decks for outdoor living has raised the need for pressure-treated wood. Because treated wood is resistant to weathering, insects, and rot, it is a popular material choice for outdoor projects.
Applications for Gardens and Landscaping: In landscape and garden applications, such as retaining walls, borders, and flower beds, pressure-treated wood is frequently utilised. The market for pressure-treated wood is expanding as a result of the need for landscaping supplies.
Strict Rules Regarding Alternatives to Treated Wood: The need for alternative treated wood products that adhere to standards has increased as a result of tight laws and limitations on some alternative materials, such as wood treated with chromated copper arsenate (CCA).
Technological Developments in Wood Treatment: The market for pressure-treated wood is expanding as a result of ongoing developments in wood treatment technologies, such as the creation of eco-friendly preservatives. Market dynamics are driven by innovations that extend the lifespan and sustainability of treated wood products.
Customer Knowledge of Wood Preservation: The market for pressure-treated wood products is positively impacted by consumer knowledge of the advantages of wood preservation, such as improved durability and resistance to insects and decay.
Accessibility and Economic Viability: The market demand for pressure-treated wood is influenced by its accessibility and affordability in relation to substitute alternatives. Treated wood is a desirable option in many applications due to its proven performance and cost-effectiveness.

The Wood Pulp Market Reportis Segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Study Covers Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis of Wood Pulp At A Macro Level, in Addition To the Value Chain. The Report Offers Market Estimation and Forecast in Value (USD) and Volume (metric Tons).

Snapshot img

Timber Logistics Market Size 2025-2029

The timber logistics market size is forecast to increase by USD 18.57 billion at a CAGR of 6.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. Technological advances are revolutionizing the industry, with the adoption of automation and digitalization in timber transportation and processing. Additionally, there is an increasing demand for lesser-known timber species, offering opportunities for market expansion. The market's size is significant, with applications ranging from paper production using wood pulp and fuelwood to furniture manufacturing. However, the market faces challenges, including growing concerns over rising deforestation and the need for sustainable forestry practices. These issues are driving the need for transparency and accountability in the timber supply chain. The market analysis report provides a comprehensive overview of these trends and challenges, offering insights into the future growth prospects of the timber logistics industry.

What will be the Size of the Timber Logistics Market During the Forecast Period?

Request Free Sample

The market encompasses the transportation and management of various timber products, including construction materials like sawn timber, plywood, and industrial roundwood, as well as paper-based packaging solutions such as paper and paperboard, tissue paper, and packaging materials. Key drivers in this market include the construction industry's continued demand for sustainable building materials and the growth of eco-friendly packaging trends.
Moreover, sustainable forest management is increasingly important, with a focus on certified timber products and the reduction of deforestation and illegal logging practices. Infrastructure limitations pose challenges to efficient timber transportation via land and sea, necessitating innovation in the form of technologies like blockchain, drones, and satellite imagery for forest mapping and timber inventory management. Consumers' increasing environmental consciousness further fuels market growth.

How is this Timber Logistics Industry segmented and which is the largest segment?

The timber logistics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Industrial roundwood
  Fuelwood
  Others


Mode Of Transportation

  Land transportation
  Sea transportation


Service

  Transportation
  Warehousing


Geography

  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France
    Italy


  North America

    US


  South America

    Brazil


  Middle East and Africa

By Type Insights

The industrial roundwood segment is estimated to witness significant growth during the forecast period.

The market encompasses the transportation and distribution of industrial roundwood, a fundamental input in the production of paper, lumber, and various wood-based products. The market's expansion is fueled by the burgeoning wood-based product industry and the escalating preference for eco-friendly and sustainable solutions. The construction sector is a significant consumer of industrial roundwood, utilizing it for timber frames, roofing, flooring, and other applications. Moreover, it plays a pivotal role in the manufacturing of paper, packaging materials, and wood-based products for the furniture industry. The increasing urbanization and population growth have led to an increase in construction activities, thereby driving the demand for industrial roundwood.

Get a glance at the Timber Logistics Industry report of share of various segments Request Free Sample

The industrial roundwood segment was valued at USD 18.35 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 40% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market share of various regions, Request Free Sample

The construction industry in Asia Pacific (APAC), particularly in countries like India, is experiencing significant growth. With the Indian government planning to mobilize over USD1 trillion in investments by 2025, the country is projected to rank among the world's top five largest construction markets. By 2050, it is estimated that over 65% of the global population will reside in urban areas, with a majority in APAC. Indonesia, a major construction market in APAC, is anticipated to expand at a faster pace than other countries in the region. The increasing urbanization and construction activities in APAC are driving the deman

The Thai wood tool market fell slightly to $46M in 2024, with a decrease of -3.4% against the previous year. In general, consumption, however, posted a remarkable increase. Over the period under review, the market attained the peak level at $50M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

According to Cognitive Market Research, the global Pine Wood market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.70% from 2024 to 2031.

North America held the major market, accounting for more than 40% of global revenue. With a market size of USD XX million in 2024, it will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7 % from 2024 to 2031.
The Latin America market will account for more than 5% of global revenue and will be USD XX million in 2024, growing at a compound annual growth rate (CAGR) of 4.1 % from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
The Furniture segment had the largest share in the global Pine Wood market by application.

Market Dynamics of Pine Wood Market

Key Drivers of Pine Wood Market

Advancements in Life Sciences Research to Increase the Demand Globally 

The Pine Wood Market is experiencing robust growth due to increasing environmental concerns and a growing preference for sustainable construction materials. Pine wood is renewable, biodegradable, and sourced from responsibly managed forests, making it an eco-friendly choice for construction projects. The global emphasis on reducing carbon footprint and promoting green building practices has propelled the demand for pine wood, particularly in residential and commercial construction applications. Furthermore, certifications like Forest Stewardship Council (FSC) accreditation add credibility to pine wood products, attracting environmentally conscious consumers and businesses. Innovations in sustainable forestry practices, such as selective logging and reforestation efforts, are also contributing to the availability and sustainability of pine wood resources.

Expanding Applications in Biotechnology and Pharmaceuticals to Propel Market Growth

Another significant driver of the Pine Wood Market is its versatility and cost-effectiveness. Pine wood is known for its ease of processing, making it suitable for a wide range of applications such as framing, flooring, furniture, and packaging. Its affordability compared to other hardwoods and engineered materials makes it a preferred choice for budget-conscious consumers and industries seeking durable yet cost-effective solutions. Additionally, technological advancements in wood treatment and preservation methods have enhanced the durability and longevity of pine wood products, further boosting their demand across residential, commercial, and industrial sectors. The development of engineered wood products, such as cross-laminated timber (CLT) and glued laminated timber (glulam), has expanded the application scope of pine wood in construction, enabling sustainable and innovative building designs.

Embracing the Sustainable Practices to Boost the Market

Restraint Factors Of Pine Wood Market

Environmental Concerns and Deforestation Risks to Limit Market Growth

One significant restraint in the Pine Wood Market is environmental concerns and the risk of deforestation. While pine wood is renewable when sourced from responsibly managed forests, unsustainable logging practices can lead to deforestation, habitat loss, and ecosystem degradation. Concerns about biodiversity conservation and forest preservation are prompting regulatory scrutiny and consumer activism, potentially impacting the availability and sustainability of pine wood resources.

Furthermore, the reliance on pine wood for various applications, especially in the construction sector, has led to increased demand and potential overexploitation of forest resources. Balancing the demand for pine wood products with sustainable forestry practices, reforestation efforts, and responsible sourcing strategies is crucial to mitigating environmental risks and ensuring the long-term viability of the Pine Wood Market.

Impact of COVID-19 on the Pine Wood Market

The COVID-19 pandemic had a mixed impact on the Pine Wood Market. Initially, the market experienced disrup...

The value added in the 'Wood' segment of the manufacturing market in Indonesia was forecast to continuously increase between 2025 and 2029 by in total 0.2 billion U.S. dollars (+10.05 percent). According to this forecast, in 2029, the value added will have increased for the sixth consecutive year to 2.21 billion U.S. dollars. Find more in-depth information regarding the revenue concerning the beverages segment of the manufacturing market in Brazil and the revenue growth concerning the beverages segment of the manufacturing market in Brazil. The Statista Market Insights cover a broad range of additional markets.

The Report Covers Global Sawn Wood Market Outlook and is Segmented by Type (Hard Wood and Soft Wood), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The Report Includes the Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Volume in Metric Ton and Value in USD Thousand for all the Above Segments.

The Canadian wood pulp market amounted to $5.9B in 2024, growing by 6% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2024 and is expected to retain growth in the near future.

Forecast: Sawmilling and Planing of Wood Production Value in Belgium 2023 - 2027 Discover more data with ReportLinker!

The U.S. wood tool market expanded modestly to $417M in 2024, picking up by 1.6% against the previous year. Over the period under review, consumption, however, recorded a prominent increase. As a result, consumption reached the peak level of $479M. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

In 2024, the global dissolving grade wood pulp market increased by 0.5% to $11.2B, rising for the fourth year in a row after two years of decline. Overall, the total consumption indicated noticeable growth from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +44.2% against 2020 indices.

In 2024, the global wood tool market increased by 0.8% to $4.3B for the first time since 2021, thus ending a two-year declining trend. Over the period under review, the total consumption indicated prominent growth from 2012 to 2024: its value increased at an average annual rate of +6.0% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -9.8% against 2021 indices.

The revenue of the spruce wood market in the European Union amounted to $X in 2017, standing approx. at the previous year. The spruce wood consumption continues to indicate a measured setback. The pace of growth was the most pronounced in 2011, when it surged by X% y-o-y. Over the period under review, the spruce wood market attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.The spruce wood production stood at X cubic meters in 2017, standing approx.

The revenue of the spruce wood market in Northern America amounted to $X in 2017, jumping by X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. In that year, the spruce wood market reached their peak level of $X.

Explore the current trends influencing fence lumber prices, including supply chain dynamics, construction demand, and economic factors. Understand how the COVID-19 pandemic affected prices and what future projections indicate for the industry. Discover the impact of DIY projects and sustainable practices on the market.

The Dutch wood chips and particles market skyrocketed to $X in 2022, with an increase of X% against the previous year. Overall, consumption recorded buoyant growth. Wood chips and particles consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.