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The report “Finished Wood Products: Global Market Trajectory and Analysis” has been added to ResearchAndMarkets. com.
The publisher brings years of joyful studies to the ninth edition of this report. The 185-page report provides concise data on the effect of the pandemic on production and customer appearance for 2020 and 2021. across key geographic spaces is also discussed.
Global market for finished wood products will succeed at US$1. 8 trillion through 2027
In the midst of the COVID-19 crisis, the global market for finished wood products, estimated at US$1. 3 trillion in 2020, is expected to succeed in a revised length of US$1. 8 trillion through 2027, with an annual compound rate of 4. 8% during 2020. period of investigation. -2027.
Millwork, one of the segments analyzed in the report, is expected to grow at an annual compound rate of 4. 6% to reach US$608. 3 billion until the end of the investigation period. After an initial investigation into the advertising implications of the pandemic and its crisis-induced economic effects, the expansion in the wood pallet and skate production segment is adjusted to a revised annual compound rate of 4. 9% for the next 7-year period. This segment lately accounts for a 26% share of the world market for finished wood products.
The United States accounts for more than 28. 9% of the overall market length in 2020, while China is expected to grow at a compound annual rate of 7. 5% by the 2020-2027 era.
The market for finished wood products in the United States is estimated at $ 368. 2 billion in 2020. Lately, the country represents 28. 94% of the world market in warehousing places. China, the largest economy in the world at the moment, is expected to have an estimated length of between the market and the docking place in the market of 310. 4 billion dollars in 2027. with a CAGR of 7, 5% through 2027. Other prominent geographic market locations are Japan and Canada, of which are expected to grow by up to 2. 7% and 4. 4%, respectively, over the period 2020-2027. around 3% CAGR, while the rest of the European market instead of accepting (as explained in the study) will reach 310. 4 billion US dollars until 2027.
Production of prefabricated houses reaches 21. 1% percentage in 2020
In the global prefabricated home production segment, the United States, Canada, Japan, China and Europe will lead the estimated 5% annual compound growth rate (CAGR) for this segment. These regional market locations with a combined market location length of $202. 9 billion by 2020 will succeed in a projected length. US$284. 6 billion until the end of the period of investigation. China will remain among the highest dynamics in this regional market organization. Driven through countries such as Australia, India and South Korea, the Asia-Pacific market is expected to succeed at US$238. 1. 2027, while Latin America will grow at an annual compound rate of 6. 6% during the period of investigation.
Known competitors in this market include:
Jeld-Wen, Inc.
LIXIL Group Company
Masonite International Corporation
Pella Corporation
Stora Enso Oyj
Key topics covered:
I. INTRODUCTION, METHODOLOGY AND SCOPE OF THE REPORT
II. SUMMARY
1. MARKET OVERVIEW
Covid-19 impact and a near recession
Global competitors’ market percentage
Percentage market situation of competition for finished wood products in the world (in%): 2018E
2. FOCUS ON CERTAIN PLAYERS
3. MARKET TRENDS AND FACTORS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
COMPETITION IV.
Total profiles: 54
To learn more about this report, https://www. researchandmarkets. com/r/mgqjm3
See the edition in businesswire. com: https://www. businesswire. com/news/home/20200917005486/fr/
contacts
ResearchAndMarkets. com Laura Wood, Senior Press Managerpress@researchandmarkets. com For E. S. T. , 1-917-300-0470 For US / CAN, toll free 1-800-526-8630