The Business Research Company Global Finished Wood Products Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, June 10, 2022 /EINPresswire.com/ — According to “Global Finished Wood Products Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026” published by The Business Research Company, the Wood products market size is expected to grow from $262.99 billion in 2021 to $287.00 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The finished wood products market is expected to reach $387.41 billion in 2026 at a CAGR of 7.8%. The finished wood product manufacturing market is expected to benefit from the sustained economic growth predicted for many developed and developing countries.
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The global finished wood products market includes sales of finished wood products by entities (organizations, independent traders, and partnerships) that manufacture finished wood products, including wood products such as wood windows and doors , cabinets, kitchen utensils and wooden mobile homes, and other products.
Global finished wood products market trends
Companies in the finished wood products market are using 3D printing to develop lightweight structural and non-structural wood products. 3D printing creates a three-dimensional physical object using digital design. The technology creates three-dimensional objects using models constructed using a very fine brown grainy powder made from wood shavings. 3D printing makes it possible to quickly and inexpensively manufacture wooden products with complex geometries. 3D printing aids in rapid prototyping, increases assembly line efficiency, reduces turnaround times, improves design flexibility, and reduces material waste, indicating high potential for this technology.
Segments of the global finished wood products market
The global market for finished wood products is segmented:
By type: carpentry, prefabricated house, wooden pallets and skids, other
By distribution channel: offline, online
By Application: Household, Commercial
Sub-segments Covered: Timber Windows & Doors, Cut Lumber, Lumber Sawing & Planning, Other Carpentry (Including Flooring)
By Geography: The global wood finished products market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global Wood Finished Products Market Report 2022 is part of a series of new reports from The Business Research Company that provide global wood finished products market overviews, wood finished products market analysis and Global Wood Finished Products Market Forecast, Global Wood Finished Products Market Size and Growth, Global Wood Finished Products Market Share, Global Wood Finished Products Market Segments & Geographies, Global Wood Finished Products Market Players, Revenues, Profiles and market shares of the main competitors in the finished wood products market. The Global Wood Finished Products Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Finished Wood Products Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: LIXIL Group, JELD-WEN Inc., Builders FirstSource, Masonite International Corporation, NCI Building Systems Inc., UFP Industries Inc., Stora Enso Oyj, Cavco Industries Inc., Western Forest Products Inc., and Nature Home Holding Limited liability company.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with detailed analysis of the impact of COVID-19 on various markets.