WOOD RECYCLING MARKET Size and trends

Wood Recycling Market, By Product Type (Softwood, Hardwood, Block board, Plywood, Orientated strand board, and Others), By Application (Furniture, Construction, Paper & Pulp, Energy Generation, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Feb 2025
Code : CMI7502
Pages :140
Formats :
Excel and PDF
Industry : Advanced Materials

Wood Recycling Market Size and Trends

The global wood recycling market is estimated to be valued at USD 20.48 Bn in 2025 and is expected to reach USD 29.42 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3% from 2025 to 2032.

Wood Recycling Market Key Factors

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Increasing environmental concerns and stringent policies regarding deforestation are expected to drive the demand for wood recycling. Additionally, growing construction activities utilizing wood as a building material has increased the need for recycling wood waste. Furthermore, rising industrialization has resulted in increased wood waste globally which is influencing the market growth positively. Companies are investing in recycling wood collected from demolition sites to reduce tree cutting for new wood. However, high costs associated with wood recycling may hinder the market growth to some extent over the coming years.