Global Forestry And Logging Market Growth Trajectory
The Business Research Company’s Forestry And Logging Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
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As per The Business Research Company’s “Forestry And Logging Global Market Report 2022”, the forestry and logging market is predicted to reach a value of $972.37 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The forestry and logging market is expected to grow to $1387.37 billion in 2026 at a CAGR of 9.3%. Wood use as a building material is increasing due to the numerous advantages of wood buildings over concrete buildings, thus driving the market for forestry and logging producers.
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Key Trends In The Forestry And Logging Market
Advanced techniques in forest logging methods have improved safety, fibre utilization, environmental protection, and productivity with minimum damage to residual trees. The different improved methods of logging are harvester/forwarder systems, cable harvesting systems, and helicopter logging. Harvester or forwarder types of logging are most common in northern and central Europe, and their use is expected to increase in the future due to their economic, ergonomic, and ecological advantages over motor/manual (saw/skidding) harvesting. Cable harvesting is used in mountainous regions, whereas helicopter logging is popular in environmentally constrained and remote areas. According to a recent study, improved logging operations result in a 30% increase in wood volume, and damage to residual trees can be reduced to 20%. For instance, Markit! Forestry Management has employed helicopter logging for some portions of the Dry Lake Hills area as transport of logs, lumber, and felled trees was difficult due to the steep slope of the land.
Forestry And Logging Market Overview
The forestry and logging market consists of sales of forestry products and logs by entities (organizations, sole traders, and partnerships) that produce or harvest forestry products and logs and are involved in growing, cutting, and transporting timber; operations of the timber tract; growing trees for reforestation; and collecting forest products such as gums, barks, and fibers.
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Forestry And Logging Global Market Report 2022 from TBRC covers the following information:
Market Size Data
• Forecast period: Historical and Future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
• By Type: Logging, Timber Tract Operations, Forest Nurseries and Gathering of Forest Products
• By Offering: Hardware, Software, Services
• By Application: Construction, Insutrial Goods, Other Applications
• By Geography: The global forestry and logging market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America holds the largest share in the market.
Major market players such as Olam International, Resolute Forest Products Inc, Rayonier Inc, Weyerhaeuser Company, Stora Enso Oyj, PotlatchDeltic Corporation
Trends, opportunities, strategies and so much more.
Forestry And Logging Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides in-depth forestry and logging global market research. The market report analyzes forestry and logging market size, forestry and logging global market growth drivers, forestry and logging global market segments, forestry and logging market trends, forestry and logging market major players, forestry and logging market growth across geographies, and forestry and logging market competitors’ revenues and market positioning. The forestry and logging market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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