Market Overview:
The global redwood market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for redwood in wooden furniture and wooden tool applications. North America is expected to lead the global redwood market in terms of revenue, followed by Europe and Asia Pacific.
Product Definition:
A redwood is a tall tree that is found in the forests of California and Oregon. These trees can grow to be over 350 feet tall and have a trunk that is up to 12 feet in diameter. The bark of a redwood tree is thick and reddish-brown in color. The leaves are green and small, and the cones are about 3 inches long.
Grow Old:
Grow old is a new term in the tree surgery market. It's used to described the process of trees growing and living longer as they get older. The normal age for trees to grow into maturity is 500-600 years, however with proper care and environment they can live up to 1000 years or more.
Middle Age:
Middle age is the most important factor in the growth of redwood market. Middle age refers to the period between seed germination and final death of a tree. The average life span of redwood is 300 years but can be up to 500 years for some specimens. Redwoods grow very slowly; their height may never exceed 40 feet (12m). Their girth at breast height may only be 2-5 feet (0.6-1m).
Application Insights:
Wooden furniture was the largest application segment in the global redwood market, accounting for over 75% of the total revenue share in 2017. The product is witnessing growing demand from various end-use industries including residential and commercial furniture, as it is lightweight and durable. Moreover, it can be easily carved into desired shapes which has been attracting a lot of attention from different industry players.
The wooden tool segment accounted for over 20% of total revenue share in 2017 owing to increasing demand for construction materials such as saws, axes and hatchets among other related products across several regions globally. Growing forestry activities have been fueling the growth of wood manufacturing industry which eventually resulted in increased production of wooden tools globally which will positively impact market growth over next few years.
Growing environmental awareness among consumers has driven manufacturers to develop eco-friendly products with natural material like wood that are sustainable.
Regional Analysis:
North America dominated the global market in terms of volume with a share of over 60.0% in 2017. The growth is attributed to the rising demand for furniture and construction material from U.S., along with high Redwood forest coverage which acts as a natural resource reservoir for this species across North America region, thus resulting in high availability of raw material at economical costs, thereby attracting major manufacturers to set up their production facilities within the region.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing awareness regarding benefits offered by Redwood timber coupled with growing manufacturing industry within China and Japan regions, which will result into increased product consumption across Asia Pacific during the forecast period. Moreover, growing awareness regarding environmental benefits coupled with rapidly expanding furniture industry sector will further propel product demand during projected time frame; hence driving regional market growth over next eight years (2018-2030).
Europe was valued at USD X billion as per 2016.
Growth Factors:
- Increasing demand from the construction and furniture industries for redwood lumber and other products.
- The increasing popularity of redwood decks, fences, and other outdoor structures.
- The increasing use of redwood in high-end cabinetry and furniture.
- The growing demand for sustainable building materials such as redwood lumber certified by the Forest Stewardship Council (FSC).
- Redwoods' natural resistance to decay, pests, and fire make it a popular choice for many applications in both residential and commercial construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Redwood Market Research Report
By Type
Grow Old, Middle Age, Others
By Application
Wooden Furniture, Wooden Tool
By Companies
L. L. Johnson Lumber Mfg. Co. & Johnson's Workbench, Ready Cable Inc, Hoover Treated Wood Products, Inc, Jackson Milling and Lumber, Inc., Sierra Lumber and Fence, Joe Birkner Lumber Co., Cobb Lumber Co., N.A. Mans and Sons, Global Wood Source Inc., Disdero Lumber Company
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Redwood Market Report Segments:
The global Redwood market is segmented on the basis of:
Types
Grow Old, Middle Age, 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
Wooden Furniture, Wooden Tool
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:
- L. L. Johnson Lumber Mfg. Co. & Johnson's Workbench
- Ready Cable Inc
- Hoover Treated Wood Products, Inc
- Jackson Milling and Lumber, Inc.
- Sierra Lumber and Fence
- Joe Birkner Lumber Co.
- Cobb Lumber Co.
- N.A. Mans and Sons
- Global Wood Source Inc.
- Disdero Lumber Company
Highlights of The Redwood 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:
- Grow Old
- Middle Age
- Others
- By Application:
- Wooden Furniture
- Wooden Tool
- 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 Redwood 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?
Redwood is a type of tree that can grow to be very tall. These trees are found in the United States, Canada, and Chile.
Some of the key players operating in the redwood market are L. L. Johnson Lumber Mfg. Co. & Johnson's Workbench, Ready Cable Inc, Hoover Treated Wood Products, Inc, Jackson Milling and Lumber, Inc., Sierra Lumber and Fence, Joe Birkner Lumber Co., Cobb Lumber Co., N.A. Mans and Sons, Global Wood Source Inc., Disdero Lumber Company.
The redwood market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Redwood Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Redwood Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Redwood Market - Supply Chain
4.5. Global Redwood Market Forecast
4.5.1. Redwood Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Redwood Market Size (000 Units) and Y-o-Y Growth
4.5.3. Redwood Market Absolute $ Opportunity
5. Global Redwood Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Redwood Market Size and Volume Forecast by Type
5.3.1. Grow Old
5.3.2. Middle Age
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Redwood Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Redwood Market Size and Volume Forecast by Application
6.3.1. Wooden Furniture
6.3.2. Wooden Tool
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Redwood Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Redwood Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Redwood Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Redwood Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Redwood Demand Share Forecast, 2019-2026
9. North America Redwood Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Redwood Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Redwood Market Size and Volume Forecast by Application
9.4.1. Wooden Furniture
9.4.2. Wooden Tool
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Redwood Market Size and Volume Forecast by Type
9.7.1. Grow Old
9.7.2. Middle Age
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Redwood Demand Share Forecast, 2019-2026
10. Latin America Redwood Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Redwood Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Redwood Market Size and Volume Forecast by Application
10.4.1. Wooden Furniture
10.4.2. Wooden Tool
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Redwood Market Size and Volume Forecast by Type
10.7.1. Grow Old
10.7.2. Middle Age
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Redwood Demand Share Forecast, 2019-2026
11. Europe Redwood Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Redwood Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Redwood Market Size and Volume Forecast by Application
11.4.1. Wooden Furniture
11.4.2. Wooden Tool
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Redwood Market Size and Volume Forecast by Type
11.7.1. Grow Old
11.7.2. Middle Age
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Redwood Demand Share, 2019-2026
12. Asia Pacific Redwood Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Redwood Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Redwood Market Size and Volume Forecast by Application
12.4.1. Wooden Furniture
12.4.2. Wooden Tool
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Redwood Market Size and Volume Forecast by Type
12.7.1. Grow Old
12.7.2. Middle Age
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Redwood Demand Share, 2019-2026
13. Middle East & Africa Redwood Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Redwood Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Redwood Market Size and Volume Forecast by Application
13.4.1. Wooden Furniture
13.4.2. Wooden Tool
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Redwood Market Size and Volume Forecast by Type
13.7.1. Grow Old
13.7.2. Middle Age
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Redwood Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Redwood Market: Market Share Analysis
14.2. Redwood Distributors and Customers
14.3. Redwood Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. L. L. Johnson Lumber Mfg. Co. & Johnson's Workbench
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ready Cable Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hoover Treated Wood Products, Inc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Jackson Milling and Lumber, Inc.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sierra Lumber and Fence
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Joe Birkner Lumber Co.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cobb Lumber Co.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. N.A. Mans and Sons
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Global Wood Source Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Disdero Lumber Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
