Sawmills Market: Fueling Growth With In-Depth Analysis Of Industry Dynamics And Future Potential

The new report published by The Business Research Company, titled "Sawmills Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the sawmills market size has grown strongly in recent years. It will grow from $118.3 billion in 2023 to $125.14 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The sawmills market size is expected to see strong growth in the next few years. It will grow to $155.56 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.

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Rising Demand For Wood Products To Drive Market Growth
The rising demand for wood and wood products is expected to propel the growth of the sawmills market going forward. There is a rising demand for wood and wood products in various industries, including construction, furniture, packaging, and paper production. A wood product is any object made of or primarily constructed of solid wood, wood composition, bamboo, and/or rattan. Wood is used in sawmills for woodworking and sawing wood logs into planks and scants. For instance, in October 2022, according to a report shared by the Food And Agriculture Organization of the United Nations, the global consumption of fuelwood from forests is expected to reach 2.1 billion to 2.7 billion cubic meters in 2050, up from 1.9 billion cubic meters in 2020, representing an increase of 11% to 42%. Therefore, the rising demand for wood and wood products is driving the growth of the sawmills market.

Product Innovations Transforming The Sawmills Market
Product innovation is a key trend gaining popularity in the sawmills market. Major companies operating in the sawmills industry are focused on developing innovative solutions to strengthen their position in the market. For instance, in November 2022, Wood-Mizer Holdings, Inc., a US-based machinery industry company, introduced an entry-level LX55 Portable Sawmill. The operation of the LX55 is distinctive in that it combines mechanical log handling with a fast saw head held high hand crank and a simple push feed system. The LX55 sawmill also features a low bed profile for simple log load capacity, quick-adjust log fasteners, and side claims to support for trying to secure and going to turn logs on the bed.

The sawmills market covered in this report is segmented -

1) By Product: Softwood Lumber, Hardwood Lumber
2) By Technology: Chain Sawmills, Band Sawmills, Circular Sawmills
3) By Application: Construction, Furniture, Packaging And Joinery Industries, Others Applications

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Major companies operating in the sawmills market report are West Fraser Timber Co. Ltd., Canfor Corporation, Weyerhaeuser Company, Stora Enso Oyj, Georgia-Pacific LLC, Interfor Corporation, Sierra Pacific Industries, Hampton Affiliates Inc., Celulosa Arauco y Constitución SA, Tolko Industries Ltd., HS Timber Group, Pfeifer Brothers Construction Co. Inc., Klausner Holz Thüringen GmbH, Södra Skogsägarna ekonomisk förening, Moelven Industrier ASA, Ante-holz GmbH, Resolute Forest Products Inc., Rayonier Advanced Materials Inc., Norbord Inc., PotlatchDeltic Corporation, Universal Forest Products Inc., Boise Cascade Company, Louisiana-Pacific Corporation, Arauco North America Inc., Roseburg Forest Products Co., KapStone Paper and Packaging Corporation, Stella-Jones Inc., Mercer International Inc., Domtar Corporation, Wood-Mizer LLC, TimberKing Inc., Baker Products Inc., Hudson Forest Equipment, Brewco Inc. .

Contents of the report:
1. Executive Summary
2. Sawmills Market Report Structure
3. Sawmills Market Trends And Strategies
4. Sawmills Market - Macro Economic Scenario
5. Sawmills Market Size And Growth
…..
27. Sawmills Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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