PUBLISHER: Grand View Research | PRODUCT CODE: 1814087
PUBLISHER: Grand View Research | PRODUCT CODE: 1814087
U.S. Timber Construction Market Size, Share & Trends Analysis Report By End Use (Residential, Non-residential), By Timber Type (Softwood, Hardwood, Engineered Wood), And Segment Forecasts, 2025 - 2033
U.S. Timber Construction Market Summary
The U.S. timber construction market size was estimated at USD 4.12 billion in 2024 and is projected to reach USD 9.08 billion by 2033, growing at a CAGR of 9.3% from 2025 to 2033. The industry is driven by a growing emphasis on sustainable and eco-friendly building practices.
As environmental regulations tighten and awareness of carbon emissions increases, timber-especially engineered wood products such as cross-laminated timber (CLT)-is gaining popularity for its lower environmental impact compared to traditional construction timber types like steel and concrete. This shift is supported by green building certification systems such as LEED, which further incentivize the use of renewable resources in construction. Urban developers and architects are increasingly favoring timber for its versatility and aesthetic appeal, particularly in mid-rise and multi-family housing projects. Advancements in mass timber technology have enabled timber to meet stringent structural and fire-resistance standards, making it a viable option for more complex and larger-scale developments. This appeal is especially prominent in cities promoting modern, sustainable urban infrastructure.
Government policies and incentives are also playing a critical role in promoting timber construction in the U.S. Federal and state-level initiatives that support the use of renewable timber types, along with funding for research and pilot projects, are driving adoption. The U.S. Department of Agriculture, through its Wood Innovation Grant Program, continues to fund projects that explore the structural and environmental benefits of timber in commercial and public buildings.
U.S. Timber Construction Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. timber construction market report based on timber type and end use:
- End Use Outlook (Revenue, USD Billion, 2021 - 2033)
- Residential
- Non-residential
- Timber Type Outlook (Revenue, USD Billion, 2021 - 2033)
- Softwood
- Hardwood
- Engineered Wood
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Billion)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. U.S. Timber Construction Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: U.S. Timber Construction Market
- 3.5.1. Porter's Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.5.1. Porter's Five Forces Analysis
- 3.6. Market Disruption Analysis
Chapter 4. U.S. Timber Construction Market: End Use Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. End Use Movement Analysis & Market Share, 2024 & 2033
- 4.3. U.S. timber construction Market By End Use, 2021 - 2033 (USD Billion)
- 4.4. Residential
- 4.4.1. U.S. Residential Timber Construction Market Estimates And Forecasts, 2021 - 2033 (USD Billion)
- 4.5. Non-residential
- 4.5.1. U.S. Non-residential Timber Construction Market Estimates And Forecasts, 2021 - 2033 (USD Billion)
Chapter 5. U.S. Timber Construction Market: Timber Type Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Timber Type Industry Movement Analysis & Market Share, 2024 & 2033
- 5.3. U.S. Timber Construction Market By Timber Type, 2021 - 2033 (USD Billion)
- 5.4. Softwood
- 5.4.1. U.S. Timber Construction Market Estimates And Forecasts, by Softwood, 2021 - 2033 (USD Billion)
- 5.5. Hardwood
- 5.5.1. U.S. Timber Construction Market Estimates And Forecasts, by Hardwood, 2021 - 2033 (USD Billion)
- 5.6. Engineered Wood
- 5.6.1. U.S. Timber Construction Market Estimates And Forecasts, by Engineered Wood, 2021 - 2033 (USD Billion)
Chapter 6. Supplier Intelligence
- 6.1. Kraljic Matrix
- 6.2. Engagement Model
- 6.3. Negotiation Strategies
- 6.4. Sourcing Best Practices
- 6.5. Vendor Selection Criteria
Chapter 7. Competitive Landscape
- 7.1. Key Players, their Recent Developments, and their Impact on Industry
- 7.2. Competition Categorization
- 7.3. Company Market Position Analysis
- 7.4. Company Heat Map Analysis
- 7.5. Strategy Mapping, 2024
- 7.6. Company Listing
- 7.7. Weyerhaeuser Company
- 7.7.1. Company Overview
- 7.7.2. Financial Performance
- 7.7.3. Product Benchmarking
- 7.7.4. Strategic Initiatives
- 7.8. West Fraser Timber Co. Ltd.
- 7.8.1. Company Overview
- 7.8.2. Financial Performance
- 7.8.3. Product Benchmarking
- 7.8.4. Strategic Initiatives
- 7.9. Canfor Corporation
- 7.9.1. Company Overview
- 7.9.2. Financial Performance
- 7.9.3. Product Benchmarking
- 7.9.4. Strategic Initiatives
- 7.10. Georgia-Pacific LLC
- 7.10.1. Company Overview
- 7.10.2. Financial Performance
- 7.10.3. Product Benchmarking
- 7.10.4. Strategic Initiatives
- 7.11. Boise Cascade Company
- 7.11.1. Company Overview
- 7.11.2. Financial Performance
- 7.11.3. Product Benchmarking
- 7.11.4. Strategic Initiatives
- 7.12. Interfor Corporation
- 7.12.1. Company Overview
- 7.12.2. Financial Performance
- 7.12.3. Product Benchmarking
- 7.12.4. Strategic Initiatives
- 7.13. Simpson Strong-Tie Company Inc.
- 7.13.1. Company Overview
- 7.13.2. Financial Performance
- 7.13.3. Product Benchmarking
- 7.13.4. Strategic Initiatives
- 7.14. Stora Enso Oyj
- 7.14.1. Company Overview
- 7.14.2. Financial Performance
- 7.14.3. Product Benchmarking
- 7.14.4. Strategic Initiatives
- 7.15. Structurlam Mass Timber Corporation
- 7.15.1. Company Overview
- 7.15.2. Financial Performance
- 7.15.3. Product Benchmarking
- 7.15.4. Strategic Initiatives
List of Tables
- Table 1 U.S. Residential Timber Construction Market Estimates And Forecasts, 2021 - 2033 (USD Billion)
- Table 2 U.S. Non-residential Timber Construction Market Estimates And Forecasts, 2021 - 2033 (USD Billion)
- Table 3 U.S. Timber Construction Market Estimates And Forecasts, by Softwood 2021 - 2033 (USD Billion)
- Table 4 U.S. Timber Construction Market Estimates And Forecasts, by Hardwood, 2021 - 2033 (USD Billion)
- Table 5 U.S. Timber Construction Market Estimates And Forecasts, by Engineered Wood, 2021 - 2033 (USD Billion)
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-Up Approach
- Fig. 5 Market Research Approaches - Top-Down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Snapshot
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Outlook
- Fig. 10 U.S. Timber Construction Market - Value Chain Analysis
- Fig. 11 U.S. Timber Construction Market - Sales Channel Analysis
- Fig. 12 Market Drivers Impact Analysis
- Fig. 13 Market Restraint Impact Analysis
- Fig. 14 Industry Analysis - PORTERS
- Fig. 15 Industry Analysis - PESTEL by SWOT
- Fig. 16 End Use: Key Takeaways
- Fig. 17 End Use: Market Share, 2024 & 2033
- Fig. 18 Timber Type Industry: Key Takeaways
- Fig. 19 Timber Type Industry: Market Share, 2024 & 2033
- Fig. 20 Kraljic Matrix
- Fig. 21 Engagement Model
- Fig. 22 Sourcing Best Practices
- Fig. 23 Sourcing Best Practices
- Fig. 24 Competition Categorization
- Fig. 25 Company Market Positioning
- Fig. 26 Strategy Mapping, 2024
