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Report Overview
The global laminated veneer lumber market attained a volume of 5116.80 Thousand CBM in 2024. The market is estimated to grow at a CAGR of 4.00% during 2025-2034 to reach a volume of 7574.11 Thousand CBM by 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Laminated Veneer Lumber Market Manufacturers
The market players are focusing on providing products at competitive prices and high quality, with improved customer service, product support, and performance features.
Murphy Company
Murphy Company produces hardwood and softwood plywood, engineered wood, and veneer in the Pacific Northwest. The company has a strong presence in the United States, with 6 mills including 1 plant of softwood plywood and 3 softwood veneer plants and 2 division offices.
METSÄ Group Companies
METSÄ Group Companies, also known as METSÄ Group, is an international operator in sustainable bioeconomy. The company produces 34 million m3 wood procured, with 85% of the wood from Finland, and 15% from elsewhere in Northern Europe.
Roseburg Forest Products Co.
The company is engaged in providing products such as engineered wood, lumber, composite panels, and hardwood. The company conducts manufacturing operations within the United States and distributes its products across North America.
STEICO SE
STEICO develops, produces, and markets ecological construction products made of renewable raw materials. The company’s headquarters with an employee base of around 150 is located in Germany, while the other sites include Poland and France.
Other notable players operating in the laminated veneer lumber market are Stora Enso Oyj, Boise Cascade Company, Weyerhaeuser Company, Pacific Woodtech Corporation, and Juken New Zealand Ltd., among others.
Laminated Veneer Lumber Market Report Snapshots
Laminated Veneer Lumber Market Size
Laminated Veneer Lumber Market Growth
Laminated Veneer Lumber Market Trends
Laminated Veneer Lumber Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a volume of 5116.80 Thousand CBM in 2024.
The market is estimated to grow at a CAGR of 4.00% during 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a volume of 7574.11 Thousand CBM by 2034.
The factors driving the market growth are increasing inclination towards environmental safety and sustainability, rising adoption of wood as a construction material, and favourable government initiatives supporting the adoption of wood.
The key regional markets for laminated veneer lumber are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include construction and non-construction.
The applications include residential, commercial, and others.
The key players in the market include Murphy Company, METSÄ Group Companies, Roseburg Forest Products Co., STEICO SE, Stora Enso Oyj, Boise Cascade Company, Weyerhaeuser Company, Pacific Woodtech Corporation, and Juken New Zealand Ltd. among others.
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