The global demand for Engineered Wood Market is presumed to reach the market size of nearly USD 662.78 MN by 2028 from USD 421.77 MN in 2021 with a CAGR of 6.67% under the study period 2022 - 2028.
Engineered wood can be referred to as artificial wood or composite wood because these are affordable and have environmentally friendly properties. These woods are made of composite materials created by glueing together the strands, fibers, and particles with appropriate adhesives. These engineered woods may be produced from sawmill waste, rice straw, sugarcane bagasse, wheat straw, and other wood wastes, making them both cost-effective and environmentally accepted.
Market Dynamics
The engineered wood market is anticipated to increase significantly over the following years due to features offered by engineered wood, like cost effectiveness, improved quality, less waste, and environmental friendliness. Several technological advancements and machining techniques have been created to increase the effectiveness and quality of the products. These developments are anticipated to continue driving the market expansion of engineered wood. Rapid deforestation and strict controls on carbon emissions are also factors that are propelling the growth of the engineered wood market. Some adhesives, such as urea-formaldehyde used in engineered wood products, are highly hazardous, and some products, like particle boards, might not be suited for outdoor usage because they are more vulnerable to humidity. These drawbacks serve as market growth constraints for engineered wood.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of engineered wood. The growth and trends of engineered wood industry provide a holistic approach to this study.
Market Segmentation
This section of the engineered wood market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- I-Beams
- Plywood
- Laminated Veneer Lumber (LVL)
- Glulam (Glued Laminated Timber)
- Oriented Strand Boards (OSB)
- Cross-Laminated Timber (CLT)
- Others
By Application
- Construction
- Furniture
- Flooring
- Packaging
- Others
By End-User
- Residential
- Commercial & Industrial
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Engineered Wood market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Engineered Wood Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the engineered wood market include Boise Cascade Company, Celulosa Arauco Y Constitucion SA, Huber Engineered Woods LLC, Louisiana-Pacific Corporation (LP), Norbord Inc., Patrick Industries, Inc., Raute Group, Shenzhen Risewell Industry Co., Ltd, Universal Forest Products, Inc. and Weyerhaeuser Company. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Frequently Asked Questions (FAQs) about this Report
b. The global engineered wood market size is expected to be valued USD 421.77 BN in 2021.
b. The worldwide engineered wood market growth is estimated to grow by around 6.67% from 2023 to 2028.
b. Asia Pacific occupies the highest market share in the global engineered wood market.
b. The global engineered wood market is segmented by Type (I-Beams, Plywood, Laminated Veneer Lumber (LVL), Glulam (Glued Laminated Timber), Oriented Strand Boards (OSB), Cross-Laminated Timber (CLT), Others), by Application (Construction, Furniture, Flooring, Packaging, Others), by End-User (Residential, Commercial & Industrial).
b. The leading players in the global engineered wood market are Boise Cascade Company, Celulosa Arauco Y Constitucion SA, Huber Engineered Woods LLC, Louisiana-Pacific Corporation (LP), Norbord Inc., Patrick Industries Inc., Raute Group, Shenzhen Risewell Industry Co. Ltd, Universal Forest Products Inc. and Weyerhaeuser Company.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . ENGINEERED WOOD – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By End-User
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets
5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
5.3. Market: Pre V/S Post COVID-19
5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
5.5. COVID-19: Micro and Macro Factor Analysis
6 . GLOBAL ENGINEERED WOOD MARKET ANALYSIS BY TYPE
6.1 Overview by Type
6.2 Historical and Forecast Data
6.3 Analysis by Type
6.4 I-Beams Historic and Forecast Sales by Regions
6.5 Plywood Historic and Forecast Sales by Regions
6.6 Laminated Veneer Lumber (LVL) Historic and Forecast Sales by Regions
6.7 Glulam (Glued Laminated Timber) Historic and Forecast Sales by Regions
6.8 Oriented Strand Boards (OSB) Historic and Forecast Sales by Regions
6.9 Cross-Laminated Timber (CLT) Historic and Forecast Sales by Regions
6.10. Others Historic and Forecast Sales by Regions
7 . GLOBAL ENGINEERED WOOD MARKET ANALYSIS BY APPLICATION
7.1 Overview by Application
7.2 Historical and Forecast Data
7.3 Analysis by Application
7.4 Construction Historic and Forecast Sales by Regions
7.5 Furniture Historic and Forecast Sales by Regions
7.6 Flooring Historic and Forecast Sales by Regions
7.7 Packaging Historic and Forecast Sales by Regions
7.8 Others Historic and Forecast Sales by Regions
8 . GLOBAL ENGINEERED WOOD MARKET SALES ANALYSIS BY END-USER
8.1 Overview by End-User
8.2 Historical and Forecast Data
8.3 Analysis by End-User
8.4 Residential Historic and Forecast Sales by Regions
8.5 Commercial & Industrial Historic and Forecast Sales by Regions
9 . GLOBAL ENGINEERED WOOD MARKET SALES ANALYSIS BY GEOGRAPHY
9.1. Regional Outlook Sales Analysis
9.2. Introduction Sales Analysis
9.3. North America Sales Analysis
9.3.1. Overview, Historic and Forecast Sales Analysis
9.3.2. North America By Segment Sales Analysis
9.3.3. North America By Country Sales Analysis
9.3.4. United State Sales Analysis
9.3.5. Canada Sales Analysis
9.3.6. Mexico Sales Analysis
9.4. Europe Sales Analysis
9.4.1. Overview, Historic and Forecast Sales Analysis
9.4.2. Europe by Segment Sales Analysis
9.4.3. Europe by Country Sales Analysis
9.4.4. United Kingdom Sales Analysis
9.4.5. France Sales Analysis
9.4.6. Germany Sales Analysis
9.4.7. Italy Sales Analysis
9.4.8. Russia Sales Analysis
9.4.9. Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
9.5.1. Overview, Historic and Forecast Sales Analysis
9.5.2. Asia Pacific by Segment Sales Analysis
9.5.3. Asia Pacific by Country Sales Analysis
9.5.4. China Sales Analysis
9.5.5. India Sales Analysis
9.5.6. Japan Sales Analysis
9.5.7. South Korea Sales Analysis
9.5.8. Australia Sales Analysis
9.5.9. Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
9.6.1. Overview, Historic and Forecast Sales Analysis
9.6.2. Latin America by Segment Sales Analysis
9.6.3. Latin America by Country Sales Analysis
9.6.4. Brazil Sales Analysis
9.6.5. Argentina Sales Analysis
9.6.6. Peru Sales Analysis
9.6.7. Chile Sales Analysis
9.6.8. Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
9.7.1. Overview, Historic and Forecast Sales Analysis
9.7.2. Middle East & Africa by Segment Sales Analysis
9.7.3. Middle East & Africa by Country Sales Analysis
9.7.4. Saudi Arabia Sales Analysis
9.7.5. UAE Sales Analysis
9.7.6. Israel Sales Analysis
9.7.7. South Africa Sales Analysis
9.7.8. Rest Of Middle East And Africa Sales Analysis
10 . COMPETITIVE LANDSCAPE OF THE ENGINEERED WOOD COMPANIES
10.1. Engineered Wood Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments
11 . COMPANY PROFILES OF ENGINEERED WOOD INDUSTRY
11.1. Top 10 Company Share Analysis
11.2. Market Concentration Rate
11.3. Boise Cascade Company
11.3.1. Company Overview
11.3.2. Company Revenue
11.3.3. Products
11.3.4. Recent Developments
11.4. Celulosa Arauco Y Constitucion SA
11.4.1. Company Overview
11.4.2. Company Revenue
11.4.3. Products
11.4.4. Recent Developments
11.5. Huber Engineered Woods LLC
11.5.1. Company Overview
11.5.2. Company Revenue
11.5.3. Products
11.5.4. Recent Developments
11.6. Louisiana-Pacific Corporation (LP)
11.6.1. Company Overview
11.6.2. Company Revenue
11.6.3. Products
11.6.4. Recent Developments
11.7. Norbord Inc.
11.7.1. Company Overview
11.7.2. Company Revenue
11.7.3. Products
11.7.4. Recent Developments
11.8. Patrick Industries Inc.
11.8.1. Company Overview
11.8.2. Company Revenue
11.8.3. Products
11.8.4. Recent Developments
11.9. Raute Group
11.9.1. Company Overview
11.9.2. Company Revenue
11.9.3. Products
11.9.4. Recent Developments
11.10. Shenzhen Risewell Industry Co. Ltd
11.10.1. Company Overview
11.10.2. Company Revenue
11.10.3. Products
11.10.4. Recent Developments
11.11. Universal Forest Products Inc.
11.11.1. Company Overview
11.11.2. Company Revenue
11.11.3. Products
11.11.4. Recent Developments
11.12. Weyerhaeuser Company
11.12.1. Company Overview
11.12.2. Company Revenue
11.12.3. Products
11.12.4. Recent Developments
*Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- List of Potential Buyers
- COVID-19 Impact Analysis by Production, Import, Export and Demand
- Pre V/S Post COVID-19
- Estimated Impact Of The Coronavirus (Covid-19) Epidemic
- COVID-19: Micro and Macro Factor Analysis
- Analysis by Type (USD MN)
- I-Beams Market Sales by Geography (USD MN)
- Plywood Market Sales by Geography (USD MN)
- Laminated Veneer Lumber (LVL) Market Sales by Geography (USD MN)
- Glulam (Glued Laminated Timber) Market Sales by Geography (USD MN)
- Oriented Strand Boards (OSB) Market Sales by Geography (USD MN)
- Cross-Laminated Timber (CLT) Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Analysis Market by Application (USD MN)
- Construction Market Sales by Geography (USD MN)
- Furniture Market Sales by Geography (USD MN)
- Flooring Market Sales by Geography (USD MN)
- Packaging Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Analysis by End-User (USD MN)
- Residential Market Sales by Geography (USD MN)
- Commercial & Industrial Market Sales by Geography (USD MN)
- Global Engineered Wood Market Sales by Geography (USD MN)
- North America Market Analysis (USD MN)
- United State Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate by Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Engineered Wood Report
- Market Research Process
- Market Research Methodology
- Global Engineered Wood Market Size, by Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis by Type
- Market Attractiveness Analysis by Application
- Market Attractiveness Analysis by End-User
- Market Attractiveness Analysis by Region
- Value Chain Analysis
- Global Market Analysis by Type (USD MN)
- I-Beams Market Sales by Geography (USD MN)
- Plywood Market Sales by Geography (USD MN)
- Laminated Veneer Lumber (LVL) Market Sales by Geography (USD MN)
- Glulam (Glued Laminated Timber) Market Sales by Geography (USD MN)
- Oriented Strand Boards (OSB) Market Sales by Geography (USD MN)
- Cross-Laminated Timber (CLT) Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Market Analysis by Application (USD MN)
- Construction Market Sales by Geography (USD MN)
- Furniture Market Sales by Geography (USD MN)
- Flooring Market Sales by Geography (USD MN)
- Packaging Market Sales by Geography (USD MN)
- Others Market Sales by Geography (USD MN)
- Global Market Analysis by End-User (USD MN)
- Residential Market Sales by Geography (USD MN)
- Commercial & Industrial Market Sales by Geography (USD MN)
- Global Market by Revenue
- North America Market by Revenue
- Europe Market by Revenue
- Asia Pacific Market by Revenue
- Latin America Market by Revenue
- Middle East & Africa Market by Revenue
- Recent Development in Industry
- Top Company Share Analysis
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.