PUBLISHER: IMARC | PRODUCT CODE: 1347466
PUBLISHER: IMARC | PRODUCT CODE: 1347466
North America Laminated Veneer Lumber Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America laminated veneer lumber market size reached 2.2 Million Cubic Meters in 2022. Looking forward, IMARC Group expects the market to reach 2.4 Million Cubic Meters by 2028, exhibiting a growth rate (CAGR) of 1.95% during 2023-2028.
Laminated veneer lumber (LVL), also known as engineered lumber, stands for a layered composite of thin wooden panels fabricated together by adhesives. Cross-banded laminated veneer lumber and laminated strand lumber are the two distinctive types of LVL. Laminated veneer lumber is cost-effective, sustainable, strong, lightweight, uniform and has high structural reliability as compared to milled lumber. Owing to this, it is utilized for various structural purposes in wooden houses, industrial warehouses, public buildings and large prefabricated buildings.
North America represents one of the largest markets for laminated veneer lumber pertaining to the escalating demand from new residential housing projects in the region. Apart from this, increasing renovation activities together with the blooming furniture manufacturing sector have fueled the demand of LVL. Rising environmental concerns and government legislation towards the illegal trade of timber will continue to spur the market in the forthcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America laminated veneer lumber market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on application and sector.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Commercial
Market by Sector
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
- How has the North America laminated veneer lumber market performed so far and how will it perform in the coming years?
- What are the key regions in the North America laminated veneer lumber market?
- What has been the impact of COVID-19 on the North America laminated veneer lumber market?
- What is the breakup of the North America laminated veneer lumber market on the basis of application?
- What is the breakup of the North America laminated veneer lumber market on the basis of sector?
- What are the various stages in the value chain of the North America laminated veneer lumber industry?
- What are the key driving factors and challenges in the North America laminated veneer lumber industry?
- What is the structure of the North America laminated veneer lumber industry and who are the key players?
- What is the degree of competition in the North America laminated veneer lumber industry?
- What are the profit margins in the North America laminated veneer lumber industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Laminated Veneer Lumber Market
- 5.1 Market Performance
- 5.2 Market Breakup by Application
- 5.3 Market Breakup by Sector
- 5.4 Market Breakup by Region
- 5.5 Market Forecast
6 North America Laminated Veneer Lumber Market
- 6.1 Market Performance
- 6.2 Impact of COVID-19
- 6.3 Market Forecast
7 North America Laminated Veneer Lumber Market: Breakup by Application
- 7.1 Residential
- 7.2 Commercial
8 North America Laminated Veneer Lumber Market: Breakup by Sector
- 8.1 New Construction
- 8.2 Replacement
9 North America Laminated Veneer Lumber Market: Breakup by Country
- 9.1 United States
- 9.1.1 Historical Market Trends
- 9.1.2 Market Breakup by Application
- 9.1.3 Market Breakup by Sector
- 9.1.4 Market Forecast
- 9.2 Canada
- 9.2.1 Historical Market Trends
- 9.2.2 Market Breakup by Application
- 9.2.3 Market Breakup by Sector
- 9.2.4 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
- 11.1 Overview
- 11.2 Forest Owners
- 11.3 Sawmills
- 11.4 LVL Manufacturers
- 11.5 Distributors and Retailers
- 11.6 Exporters
- 11.7 End-Users
12 Porter's Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Rivalry
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
List of Figures
- Figure 1: North America: Laminated Veneer Lumber Market: Major Drivers and Challenges
- Figure 2: Global: Laminated Veneer Lumber Market: Volume Trends (in Million Cubic Meters), 2017-2022
- Figure 3: Global: Laminated Veneer Lumber Market: Breakup by Application (in %), 2022
- Figure 4: Global: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2022
- Figure 5: Global: Laminated Veneer Lumber Market: Breakup by Region (in %), 2022
- Figure 6: Global: Laminated Veneer Lumber Market Forecast: Volume Trends (in Million Cubic Meters), 2023-2028
- Figure 7: North America: Laminated Veneer Lumber Market: Volume Trends (in Million Cubic Meters), 2017-2022
- Figure 8: North America: Laminated Veneer Lumber Market Forecast: Volume Trends (in Million Cubic Meters), 2023-2028
- Figure 9: North America: Laminated Veneer Lumber Market: Breakup by Application (in %), 2022
- Figure 10: North America: Laminated Veneer Lumber (Residential) Market: Volume Trends (in '000 Cubic Meters), 2017 & 2022
- Figure 11: North America: Laminated Veneer Lumber (Residential) Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 12: North America: Laminated Veneer Lumber (Commercial) Market: Volume Trends (in '000 Cubic Meters), 2017 & 2022
- Figure 13: North America: Laminated Veneer Lumber (Commercial) Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 14: North America: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2022
- Figure 15: North America: Laminated Veneer Lumber (New Construction) Market: Volume Trends (in '000 Cubic Meters), 2017 & 2022
- Figure 16: North America: Laminated Veneer Lumber (New Construction) Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 17: North America: Laminated Veneer Lumber (Replacement) Market: Volume Trends (in '000 Cubic Meters), 2017 & 2022
- Figure 18: North America: Laminated Veneer Lumber (Replacement) Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 19: North America: Laminated Veneer Lumber Market: Breakup by Country (in %), 2022
- Figure 20: United States: Laminated Veneer Lumber Market: Volume Trends (in '000 Cubic Meters), 2017-2022
- Figure 21: United States: Laminated Veneer Lumber Market: Breakup by Application (in %), 2022
- Figure 22: United States: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2022
- Figure 23: United States: Laminated Veneer Lumber Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 24: Canada: Laminated Veneer Lumber Market: Volume Trends (in '000 Cubic Meters), 2017-2022
- Figure 25: Canada: Laminated Veneer Lumber Market: Breakup by Application (in %), 2022
- Figure 26: Canada: Laminated Veneer Lumber Market: Breakup by Sector (in %), 2022
- Figure 27: Canada: Laminated Veneer Lumber Market Forecast: Volume Trends (in '000 Cubic Meters), 2023-2028
- Figure 28: North America: Laminated Veneer Lumber Industry: SWOT Analysis
- Figure 29: North America: Laminated Veneer Lumber Industry: Value Chain Analysis
- Figure 30: North America: Laminated Veneer Lumber Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: North America: Laminated Veneer Lumber Market: Key Industry Highlights, 2022 and 2028
- Table 2: North America: Laminated Veneer Lumber Market Forecast: Breakup by Application (in '000 Cubic Meters), 2023-2028
- Table 3: North America: Laminated Veneer Lumber Market Forecast: Breakup by Sector (in '000 Cubic Meters), 2023-2028
- Table 4: North America: Laminated Veneer Lumber Market Forecast: Breakup by Country (in '000 Cubic Meters), 2023-2028
- Table 5: North America: Laminated Veneer Lumber Market: Competitive Structure
- Table 6: North America: Laminated Veneer Lumber Market: Key Players
