Market Overview:
The global softwood market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for softwood in construction and industrial applications. North America is expected to lead the global softwood market, followed by Europe and Asia Pacific.
Product Definition:
Softwood is a type of wood that comes from coniferous trees. These trees have needles instead of leaves and produce cones. Softwoods are used for lumber, furniture, and other construction projects.
Pine:
Pine is a softwood tree, the wood from which can be used to make various products such as furniture, flooring, paneling and siding. The growth factor for pine is high in comparison with other trees; it takes approximately 200 days to grow till maturity. It has needles like that of a conifer but they are shorter and thicker than those of a sequoia.
Cedar:
Cedar is a aromatic tree genus that contains 5 species, namely Cedrus atlantica, C. libani, C. mediterranea, and C. sardica which are commonly known as thecedarwood trees or cedars of sahara.
Application Insights:
The construction application segment led the global softwood market in 2017 and is projected to witness significant growth over the forecast period. Increasing urbanization has resulted in an increased demand for residential buildings, which, in turn, is expected to drive the construction industry globally. This factor will have a positive impact on product demand during this period.
Softwood finds its major use in manufacturing dimensional lumber and other building materials such as plywood and particleboard for domestic as well as commercial applications across all regions of the world owing to its high strength-to-weight ratio. These products are widely used by home builders & remodelers for constructing new homes/remodeling old ones because of their cost effectiveness along with durability & flexibility advantages over other conventional building materials such as steel & concrete etc.
Regional Analysis:
The European market is expected to witness a moderate growth rate over the forecast period. The softwood lumber agreement, which was signed in 2002 by the United States and Canada is anticipated to remain a key factor influencing the dynamics of the industry in Europe. The pact has been revised and renegotiated since then on multiple occasions, most recently in 2012.
Asia Pacific accounted for approximately 44% of global volume share owing to rapid urbanization coupled with increasing construction spending across emerging economies such as China and India. In addition, rising awareness regarding building green homes is likely to have a positive impact on industry growth over the coming years.
China emerged as one of North America’s largest markets for softwood lumber after being absent from both U.S.-based import statistics and Canadian export data post-pact implementation in 2016; however, it could be potentially re-established based on current trends & developments within Chinese trade policies towards its key trading partners including Canada & U S.
Growth Factors:
- Increasing demand from construction and furniture industries
- Growing use of softwood in manufacturing of value-added products
- Rising exports to developing countries
- Price stability and availability of raw material
- Technological advancements that improve the quality and yield
Scope Of The Report
Report Attributes
Report Details
Report Title
Softwood Market Research Report
By Type
Pine, Cedar, Spruce, Others
By Application
Construction, Industrial, Others
By Companies
Canfor, Georgia-Pacific, Interfor, Rayonier Advanced Materials, West Fraser, Swedish Wood, Canfor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Softwood Market Report Segments:
The global Softwood market is segmented on the basis of:
Types
Pine, Cedar, Spruce, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Canfor
- Georgia-Pacific
- Interfor
- Rayonier Advanced Materials
- West Fraser
- Swedish Wood
- Canfor
Highlights of The Softwood Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pine
- Cedar
- Spruce
- Others
- By Application:
- Construction
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Softwood Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Softwood is a type of wood that is not hard, dense, or strong. It has a lower density than other types of wood and can be more easily damaged. Softwood is used for furniture, cabinets, flooring, and other items that need to be lightweight but still durable.
Some of the major companies in the softwood market are Canfor, Georgia-Pacific, Interfor, Rayonier Advanced Materials, West Fraser, Swedish Wood, Canfor.
The softwood market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Softwood Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Softwood Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Softwood Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Softwood Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Softwood Market Size & Forecast, 2018-2028
4.5.1 Softwood Market Size and Y-o-Y Growth
4.5.2 Softwood Market Absolute $ Opportunity
Chapter 5 Global Softwood Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Softwood Market Size Forecast by Type
5.2.1 Pine
5.2.2 Cedar
5.2.3 Spruce
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Softwood Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Softwood Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Industrial
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Softwood Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Softwood Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Softwood Analysis and Forecast
9.1 Introduction
9.2 North America Softwood Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Softwood Market Size Forecast by Type
9.6.1 Pine
9.6.2 Cedar
9.6.3 Spruce
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Softwood Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Industrial
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Softwood Analysis and Forecast
10.1 Introduction
10.2 Europe Softwood Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Softwood Market Size Forecast by Type
10.6.1 Pine
10.6.2 Cedar
10.6.3 Spruce
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Softwood Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Industrial
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Softwood Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Softwood Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Softwood Market Size Forecast by Type
11.6.1 Pine
11.6.2 Cedar
11.6.3 Spruce
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Softwood Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Industrial
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Softwood Analysis and Forecast
12.1 Introduction
12.2 Latin America Softwood Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Softwood Market Size Forecast by Type
12.6.1 Pine
12.6.2 Cedar
12.6.3 Spruce
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Softwood Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Industrial
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Softwood Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Softwood Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Softwood Market Size Forecast by Type
13.6.1 Pine
13.6.2 Cedar
13.6.3 Spruce
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Softwood Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Industrial
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Softwood Market: Competitive Dashboard
14.2 Global Softwood Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canfor
14.3.2 Georgia-Pacific
14.3.3 Interfor
14.3.4 Rayonier Advanced Materials
14.3.5 West Fraser
14.3.6 Swedish Wood
14.3.7 Canfor
