The global Wood Bio-Products Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Finished Wood Product, Manufactured Wood Material, Wood Processing), By Distribution Channel (Online, Offline), By Application (Residential, Commercial, Others).
Wood bio products encompass a wide range of materials and chemicals derived from wood and biomass feedstocks, offering sustainable alternatives to conventional petroleum-based products in various industries in 2024. These bio-based materials include wood composites, bioplastics, biochemicals, biofuels, and biomaterials, each derived from renewable resources such as wood chips, sawdust, agricultural residues, and cellulose fibers. Wood bio products are used in construction, packaging, automotive, textiles, pharmaceuticals, and energy sectors, where sustainability, biodegradability, and reduced carbon footprint are priorities. In construction, wood bio products such as engineered wood, cross-laminated timber (CLT), and wood-plastic composites (WPC) are increasingly used as environmentally friendly alternatives to traditional building materials like concrete, steel, and plastics. In packaging, biodegradable and compostable materials derived from wood fibers are replacing single-use plastics, reducing plastic waste and pollution. With growing awareness of environmental issues and regulations promoting the use of renewable resources, wood bio products to gain momentum as viable solutions for addressing sustainability challenges and transitioning towards a circular bioeconomy.
The market report analyses the leading companies in the industry including Billerud Americas Corp, Canfor, Domtar Corp, Enviva Inc, Georgia-Pacific, Guangdong Weihua Corp, Jeld-Wen Inc, Lixil Group, Mercer International Inc, Metsä Group, Rayonier Advanced Materials Inc, Sappi Ltd, Södra Skogsudden, Stora Enso, Suzano, Svenska Cellulosa Aktiebolaget, UFP Industries Inc, Upm-Kymmene Corp, Viru Keemia Grupp, West Fraser, Weyerhaeuser Company, and others.
A significant market trend in the wood bio products industry is the growing demand for sustainable alternatives to traditional materials. With increasing awareness of environmental issues and the need to reduce carbon footprint, there is a rising interest in products derived from renewable sources such as wood biomass. This trend is driven by factors such as consumer preferences for eco-friendly products, corporate sustainability goals, and government regulations promoting the use of renewable resources. Wood bio products, including bio-based plastics, biofuels, and biochemicals, are witnessing higher demand as industries seek to replace fossil fuel-derived materials with sustainable alternatives. As companies across various sectors prioritize the adoption of environmentally friendly materials in their products and processes, the market for wood bio products is experiencing growth and innovation to meet evolving industry requirements and market trends.
The driver behind the growth of the wood bio products market is the shift towards circular economy and waste reduction initiatives. With increasing concerns about resource depletion and waste generation, there is a growing emphasis on recycling, reuse, and utilization of biomass waste streams, including wood residues and by-products from forestry and wood processing industries. This driver is fueled by factors such as government policies promoting circular economy principles, corporate sustainability commitments, and advancements in biomass conversion technologies. Wood bio products derived from forestry residues, sawdust, and wood chips offer an opportunity to valorize waste materials and create value-added products with lower environmental impact. As industries seek to minimize waste generation and maximize resource efficiency, the demand for wood bio products for use in bioenergy, bioplastics, and biochemicals is expected to rise, driving market growth and opportunities for bio-based product manufacturers and suppliers.
An opportunity for growth and differentiation in the wood bio products market lies in the expansion of product portfolio and application range. While wood bio products are already utilized in various sectors such as construction, packaging, and automotive industries, there is potential for innovation in product development and diversification into new applications and markets. By investing in research and development, bio-based product manufacturers can expand their offerings to include novel wood-derived materials with unique properties and functionalities. Additionally, there is an opportunity to explore emerging applications such as biodegradable plastics, green chemicals, and advanced materials made from wood bio products. By collaborating with industry partners and leveraging advancements in biotechnology and materials science, wood bio product companies can capitalize on opportunities to provide sustainable solutions that meet the needs of diverse markets and drive the transition towards a more sustainable and circular economy.
Within the Wood Bio-Products market, the Manufactured Wood Material segment is the largest segment. Manufactured wood materials, such as plywood, particleboard, and medium-density fiberboard (MDF), are extensively used in construction, furniture manufacturing, and various other industries due to their versatility, affordability, and sustainability. These materials are manufactured by compressing wood fibers, particles, or veneers together with adhesives under high pressure and temperature, resulting in durable and dimensionally stable products. The demand for manufactured wood materials continues to grow, particularly in the construction sector, where they are used for structural components, flooring, wall panels, and interior finishes. Additionally, manufactured wood materials offer potential advantages over traditional solid wood products, including uniformity, consistency, and resistance to warping, splitting, and decay. Moreover, the availability of raw materials from sustainably managed forests and advancements in manufacturing technologies contribute to the dominance of the Manufactured Wood Material segment in the Wood Bio-Products market. As a result, the Manufactured Wood Material segment commands a significant share of the market, reflecting its widespread use and importance in various industries.
Within the Wood Bio-Products market, the Online distribution channel segment is experiencing rapid growth. The shift towards online shopping and e-commerce platforms has transformed the way consumers purchase wood bio-products, offering convenience, accessibility, and a wide range of product options. Online platforms provide customers with the ability to browse and compare products from various manufacturers and suppliers, allowing for informed purchasing decisions. Additionally, the COVID-19 pandemic has accelerated the adoption of online shopping as consumers increasingly prefer contactless transactions and home delivery services. Moreover, online distribution channels enable wood bio-product manufacturers to reach a broader audience beyond their local markets, facilitating market expansion and business growth. Furthermore, the implementation of advanced digital marketing strategies, including targeted advertising and personalized recommendations, enhances the visibility and competitiveness of wood bio-products in the online marketplace. As a result, the Online distribution channel segment is the fastest-growing segment in the Wood Bio-Products market, propelled by the increasing consumer preference for online shopping and the digitalization of retail operations.
Within the Wood Bio-Products market, the Residential segment is the largest segment. Wood bio-products find extensive use in residential construction, renovation, and interior design projects, where they are employed for structural components, flooring, cabinetry, furniture, and decorative elements. The demand for wood bio-products in the residential sector is influenced by factors such as population growth, urbanization, housing development, and consumer preferences for natural and sustainable materials. Additionally, the trend towards eco-friendly and energy-efficient homes has led to increased adoption of wood bio-products known for their renewable and low-carbon footprint. Moreover, wood bio-products offer aesthetic appeal, warmth, and versatility in design, making them a preferred choice for homeowners, architects, and designers seeking to create comfortable and visually appealing living spaces. Furthermore, government incentives and regulations promoting green building practices and sustainable construction materials further drive the demand for wood bio-products in the residential sector. As a result, the Residential segment commands a significant share of the Wood Bio-Products market, reflecting its widespread use and importance in residential construction and interior applications.
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Billerud Americas Corp
Canfor
Domtar Corp
Enviva Inc
Georgia-Pacific
Guangdong Weihua Corp
Jeld-Wen Inc
Lixil Group
Mercer International Inc
Metsä Group
Rayonier Advanced Materials Inc
Sappi Ltd
Södra Skogsudden
Stora Enso
Suzano
Svenska Cellulosa Aktiebolaget
UFP Industries Inc
Upm-Kymmene Corp
Viru Keemia Grupp
West Fraser
Weyerhaeuser Company
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Wood Bio Products Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Wood Bio Products Market Size Outlook, $ Million, 2021 to 2032
3.2 Wood Bio Products Market Outlook by Type, $ Million, 2021 to 2032
3.3 Wood Bio Products Market Outlook by Product, $ Million, 2021 to 2032
3.4 Wood Bio Products Market Outlook by Application, $ Million, 2021 to 2032
3.5 Wood Bio Products Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Wood Bio Products Industry
4.2 Key Market Trends in Wood Bio Products Industry
4.3 Potential Opportunities in Wood Bio Products Industry
4.4 Key Challenges in Wood Bio Products Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Wood Bio Products Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Wood Bio Products Market Outlook by Segments
7.1 Wood Bio Products Market Outlook by Segments, $ Million, 2021- 2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
8 North America Wood Bio Products Market Analysis and Outlook To 2032
8.1 Introduction to North America Wood Bio Products Markets in 2024
8.2 North America Wood Bio Products Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Wood Bio Products Market size Outlook by Segments, 2021-2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
9 Europe Wood Bio Products Market Analysis and Outlook To 2032
9.1 Introduction to Europe Wood Bio Products Markets in 2024
9.2 Europe Wood Bio Products Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Wood Bio Products Market Size Outlook by Segments, 2021-2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
10 Asia Pacific Wood Bio Products Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Wood Bio Products Markets in 2024
10.2 Asia Pacific Wood Bio Products Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Wood Bio Products Market size Outlook by Segments, 2021-2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
11 South America Wood Bio Products Market Analysis and Outlook To 2032
11.1 Introduction to South America Wood Bio Products Markets in 2024
11.2 South America Wood Bio Products Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Wood Bio Products Market size Outlook by Segments, 2021-2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
12 Middle East and Africa Wood Bio Products Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Wood Bio Products Markets in 2024
12.2 Middle East and Africa Wood Bio Products Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Wood Bio Products Market size Outlook by Segments, 2021-2032
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Billerud Americas Corp
Canfor
Domtar Corp
Enviva Inc
Georgia-Pacific
Guangdong Weihua Corp
Jeld-Wen Inc
Lixil Group
Mercer International Inc
Metsä Group
Rayonier Advanced Materials Inc
Sappi Ltd
Södra Skogsudden
Stora Enso
Suzano
Svenska Cellulosa Aktiebolaget
UFP Industries Inc
Upm-Kymmene Corp
Viru Keemia Grupp
West Fraser
Weyerhaeuser Company
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
Finished Wood Product
Manufactured Wood Material
Wood Processing
By Distribution Channel
Online
Offline
By Application
Residential
-Barrier Systems
-Flooring Systems
-Lumber
-Roof Sheath
-Doors & Windows
-Others
Commercial
-Furniture
-Packaging
-Stationary
-Utensils & Hand tools
-Transportation
-Artwork
-Musical Instruments
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Wood Bio-Products Market Size is valued at $278.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 7.9% to reach $511.9 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Billerud Americas Corp, Canfor, Domtar Corp, Enviva Inc, Georgia-Pacific, Guangdong Weihua Corp, Jeld-Wen Inc, Lixil Group, Mercer International Inc, Metsä Group, Rayonier Advanced Materials Inc, Sappi Ltd, Södra Skogsudden, Stora Enso, Suzano, Svenska Cellulosa Aktiebolaget, UFP Industries Inc, Upm-Kymmene Corp, Viru Keemia Grupp, West Fraser, Weyerhaeuser Company
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume