Forestry Global Market Report 2026

Forestry involves the administration, cultivation, protection, and utilization of forest resources, including trees and broader forest ecosystems, for the production of timber and non-timber forest products while ensuring ecological balance is maintained. It encompasses activities such as planting, nurturing, harvesting, and renewing forests in a sustainable manner. It plays a key role in environmental conservation, resource regeneration, and the supply of raw materials to various downstream industries.

The main product types within forestry include timber logs, sawn wood, pulpwood, wood chips, fuelwood, bamboo, and resin. Timber logs represent harvested tree trunks that are further processed into a variety of wood-based products for commercial and industrial applications. These products are categorized based on forest origin into natural forests and plantation forests. Harvesting practices include selective logging, clear-cutting, and sustainable regeneration methods. Distribution occurs through direct sales to downstream processing industries, wholesalers and specialized timber distributors, retail and industrial supply outlets, as well as international trade and export channels, serving end-use sectors such as construction, paper and packaging, furniture manufacturing, energy production, agriculture, and the chemical industry.

Tariffs are impacting the forestry market by elevating the cost of imported timber, wood-derived products, and forestry machinery used in harvesting and processing activities. This leads to increased input costs for downstream sectors including construction, furniture manufacturing, and paper production. Segments such as timber logs and sawn wood are most significantly affected, particularly in regions like Asia Pacific and Europe that rely heavily on international timber trade. On the positive side, tariffs encourage domestic forestry expansion, support local timber production, and strengthen sustainable forest management practices by lowering dependence on imported resources.

The forestry market research report is one of a series of new reports from The Business Research Company that provides forestry market statistics, including forestry industry global market size, regional shares, competitors with a forestry market share, detailed forestry market segments, market trends and opportunities, and any further data you may need to thrive in the forestry industry. This forestry market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The forestry market size has grown strongly in recent years. It will grow from $7.68 billion in 2025 to $8.22 billion in 2026 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to expansion of timber based industrial demand, growth of paper and pulp consumption, traditional logging and harvesting practices, increase in construction material usage, development of organized forestry plantations.

The forestry market size is expected to see strong growth in the next few years. It will grow to $10.93 billion by 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to rising demand for sustainable and certified wood products, expansion of carbon credit and offset forestry programs, adoption of smart forest monitoring technologies, increasing use of biomass energy sources, stricter global deforestation regulations. Major trends in the forecast period include expansion of sustainable forest management and certification practices, rising adoption of remote sensing and satellite based forest monitoring, increasing demand for certified timber and traceable wood supply chains, growth of biomass based energy and renewable wood fuel applications, shift toward reforestation and afforestation driven carbon offset projects.

The increasing construction activities are anticipated to drive the expansion of the forestry market in the forecast period. Construction activities include all processes involved in planning, developing, and completing structures and infrastructure such as buildings, roads, and bridges. The rise in construction activities is largely attributed to rapid urbanization, which increases the demand for housing, commercial infrastructure, and public facilities to accommodate expanding populations and support economic development. Forestry contributes to construction activities by providing timber and wood-based materials used in structural frameworks, building components, and finishing applications. It ensures a consistent supply of raw materials for sustainable construction development. For instance, in August 2024, according to Eurostat, a Luxembourg-based government agency, in June 2024, seasonally adjusted construction production rose by 1.7% in the euro area and by 1.4% in the EU compared to May 2024. Therefore, the increasing construction activities are driving the growth of the forestry market.

Key companies operating in the forestry market are focusing on developing innovative solutions, such as geospatial forest monitoring systems, to enable real-time tracking of forest resources, improve sustainable management, and enhance deforestation detection and compliance monitoring. A geospatial forest monitoring system is a digital system that uses spatial data from satellites and mapping tools to track forest conditions, changes, and sustainability over time. For example, in February 2025, Olam Agri Holdings Pte. Ltd., a Singapore-based food, feed, and agribusiness company, launched a Digital Forestry Solution, a paperless system that uses tablets and smartphones to capture harvest data in real time across its forest concessions in the Republic of Congo. It improves timber traceability, reduces manual errors, and supports compliance, transparency, and sustainable forest management.

In March 2026, Komatsu Forest AB, a Sweden-based manufacturing company, acquired Malwa Forest AB for an undisclosed amount. Through this acquisition, Komatsu Forest aims to expand its forestry machinery portfolio with Malwa's lightweight CTL machines for thinning operations, enhance sustainable low-impact forestry practices, and utilize global networks to support growth. Malwa Forest AB is a Sweden-based manufacturing company that provides forestry products.

Major companies operating in the forestry market are Deere & Company, Komatsu Ltd., International Paper Company, Sumitomo Forestry Co. Ltd., Oji Holdings Corporation, UPM-Kymmene Corporation, BTG Pactual Timberland Investment Group, Nippon Paper Industries Co. Ltd., Mondi Group, Suzano S.A., Weyerhaeuser Company, West Fraser Timber Co. Ltd., Canfor Corporation, Holmen AB, Metsa Group, Mercer International Inc., Svenska Cellulosa Aktiebolaget (SCA), Sierra Pacific Industries, Rayonier Inc., Ponsse Plc, Sodra, Green Diamond Resource Company, New Forests Pty Limited, Stora Enso Oyj, Tigercat International Inc.

North America was the largest region in the forestry market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the forestry market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the forestry market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The forestry market consists of sales of plywood, veneer sheets, particle boards, fiberboards, wooden poles, charcoal, cork, bark products, essential oils from trees, and ornamental wood products. Values in this market are 'factory gate' values, that is, the value of goods sold by the producers or harvesters of the goods, whether to other entities (including downstream processors, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the producers of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Forestry Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses forestry market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for forestry ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The forestry 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product Type: Timber Logs; Sawn Wood; Pulpwood; Wood Chips; Fuelwood; Bamboo; Resin
• 2) By Forest Type: Natural Forests; Plantation Forests
• 3) By Harvest Method: Selective Logging; Clear-Cutting Operations; Sustainable Regeneration
• 4) By Distribution Channel: Direct Sales To Downstream Processors; Wholesalers And Specialized Timber Distributors; Retailers And Industrial Supply Outlets; International Trade And Export Channels
• 5) By End User: Construction Industry; Paper And Packaging Industry; Furniture Industry; Energy Industry; Agriculture Industry; Chemical Industry
• Subsegments:
• 1) By Timber Logs: Softwood Timber Logs; Hardwood Timber Logs; Pine Timber Logs; Spruce Timber Logs; Eucalyptus Timber Logs
• 2) By Sawn Wood: Softwood Sawn Wood; Hardwood Sawn Wood; Rough Sawn Wood; Finished Sawn Wood; Pressure Treated Sawn Wood
• 3) By Pulpwood: Softwood Pulpwood; Hardwood Pulpwood; Chemical Grade Pulpwood; Mechanical Grade Pulpwood; Mixed Species Pulpwood
• 4) By Wood Chips: Hardwood Wood Chips; Softwood Wood Chips; Biomass Wood Chips; Paper Grade Wood Chips; Landscape Wood Chips
• 5) By Fuelwood: Hardwood Fuelwood; Softwood Fuelwood; Split Fuelwood; Kiln Dried Fuelwood; Compressed Fuelwood
• 6) By Bamboo: Construction Grade Bamboo; Furniture Grade Bamboo; Paper Grade Bamboo; Decorative Bamboo; Industrial Bamboo
• 7) By Resin: Pine Resin; Natural Resin; Synthetic Resin; Adhesive Grade Resin; Industrial Grade Resin
• Companies Mentioned: Deere & Company; Komatsu Ltd.; International Paper Company; Sumitomo Forestry Co. Ltd.; Oji Holdings Corporation; UPM-Kymmene Corporation; BTG Pactual Timberland Investment Group; Nippon Paper Industries Co. Ltd.; Mondi Group; Suzano S.A.; Weyerhaeuser Company; West Fraser Timber Co. Ltd.; Canfor Corporation; Holmen AB; Metsa Group; Mercer International Inc.; Svenska Cellulosa Aktiebolaget (SCA); Sierra Pacific Industries; Rayonier Inc.; Ponsse Plc; Sodra; Green Diamond Resource Company; New Forests Pty Limited; Stora Enso Oyj; Tigercat International Inc.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; 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,
• 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.
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