The global reclaimed lumber market is expected to exhibit a CAGR of 4.87% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global reclaimed lumber market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application and end use.
Breakup by Application:
- Paneling and Siding
Breakup by End Use:
Breakup by Region:
- North America
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
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.
|Base Year of the Analysis
||Application, End Use, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||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.
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Key Questions Answered in This Report:
- How has the global reclaimed lumber market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global reclaimed lumber market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global reclaimed lumber market and who are the key players?
- What is the degree of competition in the industry?