$2.18 Trilion Forestry and Logging Global Market Opportunities and Strategies to 2034: Sustainable Practices, Technology Integration, and Strategic Expansion Driving Growth

Key market opportunities in forestry and logging include leveraging growth in logging and construction segments, scaling precision forestry, adopting digital tools, and expanding in emerging markets like the Philippines. Focusing on sustainable practices, technology integration, and strategic expansion can also drive market growth.

Dublin, Jan. 05, 2026 (GLOBE NEWSWIRE) -- The "Forestry and Logging Global Market Opportunities and Strategies to 2034" has been added to ResearchAndMarkets.com's offering.

The global forestry and logging market is on an accelerated growth trajectory, with significant expansion projected through 2034. By 2024, this market reached approximately $980.05 billion, growing at a compound annual growth rate (CAGR) of 8.17% since 2019. It is anticipated to soar to $1.42 trillion by 2029, maintaining a CAGR of 7.83%, and further expected to reach $2.18 trillion by 2034 at a CAGR of 8.87%.

Key growth drivers from the historic period included heightened demand from the pulp and paper industry, a surge in residential and commercial interior fit-outs, the growing trend of wood-based sustainable building solutions, and an expanding packaging sector utilizing wood fiber. However, growth faced challenges such as stringent deforestation regulations, illegal logging, and weak enforcement mechanisms.

Future prospects are buoyed by rising construction activities, the popularity of modular and prefabricated housing, government-backed reforestation initiatives, and a robust demand from the woodcraft and furniture sectors. Nevertheless, challenges such as high operational costs, competition from flexible pouches, and exposure to climate change and natural disasters could impede progress.

Asia Pacific emerged as the largest region in this sector, capturing 54.86% of the market in 2024, with North America and South America following suit. Africa and the Middle East are poised for the fastest growth, with projected CAGRs of 24.06% and 17.36% respectively. Meanwhile, Asia Pacific and North America's growth trajectories remain promising at CAGRs of 6.84% and 6.37% respectively.

The market landscape is fragmented, featuring numerous small players, with the top 10 companies accounting for just 0.79% of the total market share in 2024. Leading the competition is Stora Enso Oyj, capturing a 0.31% market share, followed by Svenska Cellulosa Aktiebolaget (SCA) and Weyerhaeuser Company.

The forestry and logging market is segmented by type into logging, timber tract operations, and the gathering of forest products. The logging sector represented a dominant 87.79% share of the market in 2024. Conversely, the forest nurseries and gathering of forest products segment is projected to witness the fastest growth, with an anticipated CAGR of 9.77% from 2024 to 2029.

Segmented by application, the construction sector leads with 55.56% market share in 2024. The other applications segment is forecasted to grow the fastest at a CAGR of 8.81% during the same period. The Philippines stands out as the market poised for the most significant growth, poised to gain $64.73 billion.

Strategic insights reveal an emphasis on technological advancements, including the integration of precision forestry technologies and expanded investment in timberland and reforestation projects. The focus is shifting towards sustainable forest management and certification.

Companies are advised to enhance operational efficiency through technology integration, scaling the adoption of digital forestry tools, and broaden market access across emerging regions. By leveraging these strategies, businesses can capitalize on the sector's growth, meet diversified application demands, and secure a competitive edge in the evolving market landscape.

Reasons to Purchase:

• Comprehensive global coverage across 50 geographies.
• Insights into market recovery post-COVID-19 and future growth trajectories.
• Regional strategies based on local data analysis.
• Identification of growth segments for strategic investments.
• Forecast data to outperform competitors by understanding market drivers and trends.
• Latest market research findings for customer insights.
• Performance benchmarking against principal industry competitors.
• Enhanced strategizing using the interaction between key data sets.
• Reliable data for supporting both internal and external presentations.

The report includes the following chapters:

• Introduction and Market Characteristics
• Key Trends and Future Developments
• Global and Regional Market Analysis
• Competitive Landscape and Benchmarking
• Key Mergers, Acquisitions, and Recent Developments
• Market Opportunities and Strategic Recommendations
• Appendices with additional reference materials

Markets Covered:

• By Type: Logging, Timber Tract Operations, Forest Nurseries, and Gathering of Forest Products
• By Application: Construction, Industrial Goods, Other Applications

Key Attributes:

Companies Featured

• Stora Enso Oyj
• Svenska Cellulosa Aktiebolaget (SCA)
• Weyerhaeuser Company
• Canfor Corporation
• Rayonier Inc.
• Oji Holdings Corporation
• West Fraser Timber
• Metsa Group
• BSW Timber Ltd.
• Celulosa Arauco y Constitucion S.A.
• Forestry Corporation
• China Forestry Group Corporation
• China Jilin Forest Industry Group Co., Ltd
• HVP Plantations
• China Longjiang Forest Industry
• Merensky Timber (Pty) Ltd
• Komatsu Ltd.
• New Forests Pty Limited
• Burapha Agroforestry Co. Ltd
• OneFortyOne Plantations Pty Ltd
• Teal-Jones Group
• YUFAN Forestry Equipment
• Greenheart Group
• Sumitomo Forestry Co., Ltd.
• Changzhou Hyon Machinery Technology Co., Ltd
• Doosan General Timber Co., Ltd
• Laubo Co. Ltd.
• Merrett Logging
• PT. Kutai Timber Indonesia (KTI)
• Trakindo
• YL Forest Co., Ltd. (YLF)
• AGRIFOREST
• ATA Timber
• Bansal Forest Products
• Bergs Timber AB
• BSW Timber Ltd
• Euroforest Limited
• Forestal Soliva SL
• F&W Forestry
• GROUPE ROUGIER
• Holmen Skog
• Holmen Timber
• Ilim Timber
• INTERHOLCO AG
• James Jones and Sons Limited
• Jura Foret
• Lightfoot Harvesting GmbH
• Metzler Forest Products
• Metsahallitus Forestry Ltd
• Miro Forestry and Timber Products
• Moelven
• Naturland
• Norra Timber
• Powell Forestry Ltd
• Rettenmeier Holding AG
• Rothoblaas
• RTS Forestry
• Scottish Woodlands Ltd
• Sveaskog
• Taylor Forest Products
• Tilhill Forestry Ltd
• Timberhub
• Triton Timber Group
• United Forest Products
• Woodwards Group
• EGGER Limited
• Copet Dinex
• DEBLICE Forests, s.r.o.
• Ilim Group
• PETRA spol. s r.o.
• SWL Ltd
• Kalesnikoff Mass Timber
• West Fraser Timber Co. Ltd.
• Interfor Corporation
• Tolko Industries Ltd.
• Sumitomo Forestry Co.
• Trimble Inc .
• Mast Reforestation (DroneSeed)
• PotlatchDeltic Corporation
• Georgia-Pacific LLC
• Sierra Pacific Industries
• HS Timber Group
• BTG Pactual Timberland Investment Group (TIG)
• Suzano S/A
• CMPC Group
• Arauco
• Eldorado
• Red Sea Global (RSG)
• Planetek Italia
• Al Garib Wood Industry LLC
• Conifer Lumber FZE
• Kronospan
• Merensky Timber
• York Timbers
• MTO Group
• TWK Agriculture Limited
• Rex Forestry Limited
• Awa Holdings Limited
• Elshal Timber

For more information about this report visit https://www.researchandmarkets.com/r/vcy30a

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Attachment

• Forestry and Logging Market

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