Forestry and logging refers to the industry involved in the management, cultivation, and harvesting of forests for timber and other forest products. This market includes activities such as growing and managing forests, harvesting trees, gathering forest products, and related operations. It forms the upstream segment of the broader wood products value chain and provides essential raw materials for construction, manufacturing, and energy sectors. Forestry and logging products are used by construction companies, industrial manufacturers (such as furniture and paper producers), and energy firms, particularly those utilizing biomass.
The global forestry and logging market reached a value of nearly $980.05 billion in 2024, having grown at a compound annual growth rate (CAGR) of 8.17% since 2019. The market is expected to grow from $980.05 billion in 2024 to $1,429.04 billion in 2029 at a rate of 7.83%. The market is then expected to grow at a CAGR of 8.87% from 2029 and reach $2,185.63 billion in 2034.
Rise In Demand From Pulp And Paper Industry
During the historic period, the forestry and logging market was mainly driven by the rise in demand from pulp and paper industry. The pulp and paper industry required large volumes of raw wood material for paper, packaging, and related products. This steady demand ensured a reliable market for harvested timber and supported large-scale logging operations. It also encouraged investments in forest management to maintain continuous wood supply. Additionally, it strengthened global trade in pulpwood and related forest products. For example, in May 2024, according to the Sunsirs, a China-based commodity data group, China's paper and paperboard production reached 129.65 million tons in 2023, up 4.35% year-on-year, demonstrating strong regional demand and production scale in APAC's largest pulp and paper market. Therefore, the forestry and logging market was mainly driven by the rise in demand from pulp and paper industry.
Technological Advancements In Forestry Machinery
Major companies in the market are focusing on integrating advanced technologies like automation, GPS tracking, and remote sensing into forestry machinery. These innovations improve operational efficiency, reduce labor costs, and enhance safety in logging activities. Modern equipment such as harvesters and forwarders now offer precision and speed, enabling sustainable forest management. This technological progress is driving growth in the forestry and logging market by increasing productivity and minimizing environmental impact.For example, in June 2025, John Deere, John Deere, a US-based corporation that manufactures agricultural machinery, heavy equipment, forestry machinery, diesel engines, drivetrains used in heavy equipment and lawn care equipment, launched large-size H Series wheeled machines, designed to elevate productivity and operational efficiency. Featuring the all-new 1270H and 1470H Harvesters and 2010H and 2510H Forwarders, these machines integrate enhanced hydraulic systems, advanced automation and ergonomic operator enhancements. By combining powerful performance with sustainability-focused fuel economy, the H Series redefines modern logging operations.
The global forestry and logging market is highly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 0.79% of the total market in 2024.
Forestry And Logging Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global forestry and logging market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for forestry and logging? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The generative forestry and logging market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider forestry and logging market; and compares it with other markets.
The report covers the following chapters
- Introduction And Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type and by application.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Regional Market Size And Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments - Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations This section includes recommendations for military forestry and logging providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Type: Logging; Timber Tract Operations; Forest Nurseries And Gathering Of Forest Products
- 2) By Application: Construction; Industrial Goods; Other Applications
- Companies Mentioned: Stora Enso Oyj; Svenska Cellulosa Aktiebolaget (SCA); Weyerhaeuser Company; Canfor Corporation; Rayonier Inc.
- Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Italy; Spain; Austria; Belgium; Denmark; Finland; Ireland; Netherlands; Norway; Portugal; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa.
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; forestry and logging indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.