The forestry and logging market is expected to be growing at a growth rate of 80.0% in the forecast period of 2021 to 2028 and will reach USD 59,062.58 billion by 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of forestry and logging market.
The forestry and logging market basically consists of sales of forestry products and logs by various entities such as organizations, sole traders and partnerships which produce or harvest forestry products and logs through the growing, operations of the timber tract, cutting and transporting of timber, growing trees for reforestation and collecting forest products such as barks, gums and fibers.
This rise in forestry and logging market value can be attributed to increasing construction of wooden buildings, adoption of automated forestry management, increasing use of biomass and increasing demand for wooden furniture are expected to drive the market. Growth of the biological science and work market within the historic amount resulted from growth in residential construction activity, increasing demand for cruise ships, inflated demand for tissue and paper product and economic process in rising markets.
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The major players covered in the forestry and logging market report are Weyerhaeuser Company, China Forestry Group Corporation, Rayonier Inc., PotlatchDeltic Corporation, Forestry Corporation of NSW, Jilin Forest Industry Group Co., Ltd., Tilhill Forestry, Rayonier Inc., Get It Filed, LLC. , CatchMark Timber Trust, Inc., Hancock Victorian Plantations, IBISWorld, Greater Khingan Mountains Forestry Group, China Jilin Forestry Industry Group Co., Ltd., Singla Timbers, Oji Holdings Corporation, EGGER Group, RTS Forestry, James Jones and Sons Limited, Metsähallitus Forestry Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East - Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Forestry and Logging Market Report:
The forestry and logging market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the forestry and logging market has been segmented into logging, timber tract operations, forest nurseries and gathering of forest products.
- On the basis of application, the forestry and logging market is segmented into construction, industrial goods and others.
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Forestry and Logging Market Regional Analysis/Insights
The Forestry and Logging market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Forestry and Logging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Forestry and Logging within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Forestry and Logging market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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