Global I-Joist Market to Reach US$ 3.1 Billion During 2022-2027, Strengthened by the Expanding Construction and Real Estate Sectors

September 08, 2021

The latest report by IMARC Group, titled “I-Joist Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global I-joist market size reached US$ 2.1 Billion in 2021. I-joist refers to a type of engineered wood product manufactured from laminated veneer and graded solid timber. The flanges and the web of the I-joist keep the whole structure in place, giving it a distinctive “I” shape. I-joist exhibits various advantages such as great strength in relation to its size and weight, and prevents problems that occur while using solid lumber as joists. It is relatively small in size; however, it has the capability of handling a large amount of pressure. In addition to this, I-joist does not bow, crown, twist, cup, check, or split compared to dimensional pieces of lumber. It also offers dimensional soundness and little to no shrinkage, which eliminates squeaky floors. As a result, it finds application in many modern construction activities, ranging from residential to industrial spaces.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global I-Joist Market Trends: 

The global I-joist market is primarily driven by the significantly growing construction and real estate sectors. I-joist finds application in wall studs, roof rafters, floor and roof frame installations to improve their aesthetic appearance and flexibility. It is also increasingly utilized in designing economical floor layouts as it is easy to install, consisting of a thin layer of wood that is easier to drill for plumbing, HVAC and electrical purposes, propelling the market growth. Furthermore, manufacturers nowadays use I-joists as they are cheaper, stronger, and readily available, unlike plywood. Besides this, rapid urbanization, and the development of smart cities by governments of various countries and the rising renovation of residential spaces with easy-to-install and economical materials are also escalating the product demand. Looking forward, the market value is expected to reach US$ 3.1 Billion by 2027, exhibiting a CAGR of 6.75% during the forecast period (2022-2027).

Market Summary: 

  • Based on the sector, the market has been bifurcated into residential and commercial segments, wherein the residential sector exhibits a clear dominance in the market.
  • The market has been divided into the new construction and replacement segments.
  • On the basis of the application, the market has been classified into floors, roofs, and other applications.
  • Region-wise, North America holds the leading position in the market. Other major regions are Asia Pacific, Europe, Latin America, and Middle East and Africa.
  • The competitive landscape of the market has been examined in the report, with the detailed profiles of some of the key players operative in the industry.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us


USA: +1-631-791-1145
Follow us on twitter : @imarcglobal

Global I-Joist Market to Reach US$ 3.1 Billion During 2022-2027, Strengthened by the Expanding Construction and Real Estate Sectors
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More