U.S. Markets closed
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • Dow 30

    35,911.81
    -201.79 (-0.56%)
     
  • Nasdaq

    14,893.75
    +86.95 (+0.59%)
     
  • Russell 2000

    2,162.46
    +3.02 (+0.14%)
     
  • Crude Oil

    84.59
    +0.77 (+0.92%)
     
  • Gold

    1,821.30
    +4.80 (+0.26%)
     
  • Silver

    23.09
    +0.18 (+0.77%)
     
  • EUR/USD

    1.1421
    +0.0010 (+0.0914%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • Vix

    19.19
    -1.12 (-5.51%)
     
  • GBP/USD

    1.3657
    +0.0010 (+0.0724%)
     
  • USD/JPY

    114.5490
    -0.0310 (-0.0271%)
     
  • BTC-USD

    42,221.50
    -700.80 (-1.63%)
     
  • CMC Crypto 200

    1,015.76
    -9.97 (-0.97%)
     
  • FTSE 100

    7,611.23
    +68.28 (+0.91%)
     
  • Nikkei 225

    28,586.93
    +253.41 (+0.89%)
     

Worldwide Reclaimed Lumber Industry to 2028 - Increasing Inclination Towards Recycling Presents Opportunities

·6 min read

DUBLIN, Jan. 10, 2022 /PRNewswire/ -- The "Reclaimed Lumber Market Share, Size, Trends, Industry Analysis Report, By End-Use; By Application (Flooring, Paneling & Siding, Beams, Furniture, Others); By Region; Segment Forecast, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo
Research and Markets Logo

The global reclaimed lumber market size is expected to reach Usd 65.29 billion by 2028 according to this study. The report gives a detailed insight into current market dynamics and provides analysis on future market growth.

Increasing use of reclaimed lumber in the construction industry, surging use of processed wood for interior design, and rise in demand for green construction across the globe are the main driving forces for the lumber market growth. The industry is finding various applications in construction owing to its high durability and strength. It has applications in furniture, paneling, flooring, and siding, and architectural millwork.

The construction sector is thriving in many countries, including China and other emerging economies, due to the economic progress they have made in recent decades. The construction sector is one of the largest industries in the world, with an estimated size of Usd 10 trillion, and the use of reclaimed lumber in such a vast industry with many applications will boost the growth of the global market for reclaimed lumber during the forecast period.

The scrapped woods from the demolished buildings contribute 15 million tons of wood waste dumped into the landfill, raising many environmental issues Hence in recent years, woods have been recovered from older demolished buildings and are recycled for various purposes. Since many believe that the quality of old timber is better than new timber, their lumber demand has increased in recent years.

The recycling of old woods will also reduce the cutting of trees for new timbers, which will significantly help reduce greenhouse gases across the globe. In recent years, green buildings have been gaining prominence in regions such as Europe due to their environmentally friendly construction and hence are extensively used in such buildings.

COVID-19 is expected to have a negative impact on the growth of the global market since in many major countries such as in the US, Europe, China, and India, the construction operations have slowed down due to the lockdown imposed to contain the spread of the pandemic. The lockdown has resulted in a shortage of laborers and disruption in the construction material supply chain. All these factors will hamper the industry growth during the initial phase of the forecast period.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Research Methodology

4. Reclaimed Lumber Market Insights
4.1. Reclaimed Lumber - Industry snapshot
4.2. Reclaimed Lumber Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Increasing inclination towards recycling
4.2.1.2. Intensifying initiatives for waste management issues
4.2.2. Restraints and Challenges
4.2.2.1. Low demand due to COVID
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Reclaimed Lumber Market Industry trends
4.6. COVID-19 Impact Analysis

5. Reclaimed Lumber Market Assessment by Application
5.1. Key Findings
5.2. Introduction
5.2.1. Global Reclaimed Lumber Market, by Application, 2016 - 2028 (Million sq. m.) (USD Million)
5.3. Flooring
5.3.1. Reclaimed Lumber Market for flooring, by Region, 2016 - 2028 (Million sq. m.) (USD Million)
5.4. Paneling & Siding
5.4.1. Reclaimed Lumber Market for paneling & siding, by Region, 2016 - 2028 (Million sq. m.) (USD Million)
5.5. Beams
5.5.1. Reclaimed Lumber Market for beams, by Region, 2016 - 2028 (Million sq. m.) (USD Million)
5.6. Furniture
5.6.1. Reclaimed Lumber Market for furniture, by Region, 2016 - 2028 (Million sq. m.) (USD Million)

6. Global Reclaimed Lumber Market, by End-Use
6.1. Key Findings
6.2. Introduction
6.2.1. Global Reclaimed Lumber Market, by End-Use, 2016 - 2028 (Million sq. m.) (USD Million)
6.3. Residential
6.3.1. Reclaimed Lumber Market, by Residential End-Use, 2016 - 2028 (Million sq. m.) (USD Million)
6.4. Commercial
6.4.1. Reclaimed Lumber Market, by Commercial End-Use, 2016 - 2028 (Million sq. m.) (USD Million)
6.5. Industrial
6.5.1. Reclaimed Lumber Market, by Industrial End-Use, 2016 - 2028 (Million sq. m.) (USD Million)

7. Reclaimed Lumber Market Assessment by Geography

8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles
9.1. Altruwood
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Atlantic reclaimed lumber, LLC
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Beam and Board, LLC
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Carpentier Hardwood Solutions, NV
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. Elemental Republic
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Elmwood Reclaimed Timber
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. Imondi Flooring
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Jarmak Corporation
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. Longleaf Lumber, Inc.
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Montana Reclaimed Lumber Co.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Olde Wood Ltd.
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. TerraMai
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Trestlewood
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. True American Grain Reclaimed Wood
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Vintage timberworks, Inc.
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development

For more information about this report visit https://www.researchandmarkets.com/r/b0vzuh

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/worldwide-reclaimed-lumber-industry-to-2028---increasing-inclination-towards-recycling-presents-opportunities-301457140.html

SOURCE Research and Markets