The wood products market size has grown strongly in recent years.It will grow from $750.14 billion in 2023 to $805.03 billion in 2024 at a compound annual growth rate (cagr) of 7.3%.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.On tuesday april 9, farm credit east hosted paul jannke of forest economic advisors for a discussion on the economic outlook for the forest products industry;The wood products market size has grown strongly in recent years.
Selected data are provided for the years 2010 through 2026, with estimates for 2023, and forecasts for 2024 and 2025.The global engineered wood products market was estimated at usd 18511.96 million, and it's anticipated to reach usd 31672.25 million in 2028, with a cagr of 9.36.
Industry renowned data and analysis, enabling resilient, sustainable portfolios.The growth in the historic period can be attributed to strong emerging markets growth, low interest rates, growth in world population, increasing demand for cruise ships and growth in residential construction.Lvl, known for its exceptional strength and dimensional stability, is increasingly being used in construction, providing a sustainable alternative to traditional steel and concrete.
And 2024 as the estimated year, with an outlook to 2031.The wood products industry also struggles with compliance and regulatory hurdles, making it challenging for businesses to navigate and operate efficiently.
Value added in the wood market is projected to amount to us$174.3bn in 2024.
Last update images today Wood Products Industry Analysis
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DeMar DeRozan has a cameo in Kendrick Lamar's "Not Like Us" music video, which was released Thursday. The forward appears while squatting on a storage container near the 2:43 mark while Lamar raps: "I'm glad DeRoz' came home, y'all didn't deserve him neither."
The line, and the song overall, is a diss toward Toronto-born rapper Drake.
DeRozan was selected ninth overall in the 2009 NBA draft and spent the first nine seasons of his career with the Toronto Raptors.
Like Lamar, DeRozan is a native of Compton, California.
He was traded to the San Antonio Spurs in 2018 and then to the Chicago Bulls in 2021. He is currently a free agent.
DeRozan was also among the NBA stars present at Lamar's "The Pop Out: Ken & Friends" concert in Inglewood, California, last month.
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