The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global reclaimed lumber market grew at a CAGR of around 4% during 2015-2020. Reclaimed lumber refers to processed wood that has been retrieved for reuse purposes in new applications. It is usually recovered from old buildings and wood packaging by carefully deconstructing wooden elements from the structures while ensuring to preserve the shape and integrity of beams and boards. These milled wood products are widely used for decoration and home building purposes as they are mostly employed for the production of flooring, furniture, paneling, siding, cabinetry and other architectural products. They are extensively preferred by individuals as they assist in reducing landfill wastes. Their utilization also minimizes new lumber production, which, in turn, aids in reducing carbon footprint in the construction projects.
The global market is primarily driven by the growing construction industry. Supported by the deconstruction of old buildings and houses for renovation and reconstruction purposes, there has been a rising requirement for reclaimed lumber products in the sector. This is further being facilitated by their relatively superior durability when compared with fresh lumber products and the widespread awareness among the masses regarding the importance of recycling, reusing, and reducing construction materials. Along with this, there has been a rising demand for green construction across the globe, which has propelled the uptake of various eco-friendly materials, including reclaimed lumber. This is being furthered by the various favorable initiatives undertaken by the governments of several countries to promote the use of sustainable materials to reduce material wastage, thereby achieving green building status. Moreover, the increasing utilizing of these reconstructed wood products for the production of antique furniture is acting as another major growth-inducing factor. Their use lends a unique design and aesthetic appeal to the end products, which is contributing to their rising popularity among the masses. Looking forward, IMARC Group expects the global reclaimed lumber market to exhibit moderate growth during the next five years.
IMARC Group provides an analysis of the key trends in each sub-segment of the global reclaimed lumber market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, application and end use.
Breakup by Application:
Breakup by End Use:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Altruwood Inc., Atlantic Reclaimed Lumber LLC, Beam and Board LLC, Carpentier Hardwood Solutions, Elemental Republic, Elmwood Reclaimed Timber (Worldwide Steel), Imondi Flooring, Jarmak Corporation, Longleaf lumber Inc., Montana Reclaimed Lumber Co., Olde Wood Ltd., TerraMai, Trestlewood, True American Grain Reclaimed Wood and Vintage Timberworks Inc.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at