Market Size of Roundwood Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 2.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
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Roundwood Market Analysis
The round wood market is projected to register a CAGR of 2.9% during the forecast period. Over 60% of the world's Roundwood production originates from Brazil, Canada, China, the EU, India, Indonesia, Russia, and the United States. Housing and infrastructure construction comprises the bulk of demand for roundwood which is driving the market. Furniture industry is another significant consumer of wood. While the industry is still a small player compared to the construction industry, it is expected that their demand for roundwood will increase as more and more furniture is exported. Asia-Pacific is dominating the global import market.
