Global Softwood Market 2018-2022 | Steady Shift in Softwood Supply From Natural to Plantation Forests Drives Growth | Technavio

Technavio has published a new market research report on the global softwood market from 2018-2022. (Graphic: Business Wire)

LONDON--()--The global softwood market is expected to register a CAGR of over 3% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor driving the market’s growth is the growing construction industry. Softwood has been used in construction and interior works from many years worldwide. The growth of the construction and real-estate industries contributes to an increase in the number of housing societies, office spaces, commercial complexes, and residential buildings. This leads to high global demand across several industries.

This market research report on the global softwood market 2018-2022 further provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

In this report, Technavio highlights the steady shift in softwood supply from natural to plantation forests as one of the key emerging trends in the global softwood market:

Global softwood market: Steady shift in softwood supply from natural to plantation forests

Wood extraction is one of the significant reasons for deforestation and forest degradation. It has major implications on the environment, global warming, biodiversity, ecosystem services, local societies, and economies. To address this problem, the public and private sectors are taking initiatives to cultivate plantation forests with highly productive timber plantations.

“Softwood procured from plantation forest is of increased price because of the stricter controls on harvest rate and higher harvest costs. But, the marginal costs of softwood extracted from natural forests is increasing as the low-cost softwood is cut first. This will lead to an increase in the prices gradually and is expected to exceed the cost of softwood plantation forests,” says a senior analyst at Technavio for research on construction.

Global softwood market: Segmentation analysis

This market research report segments the global softwood market into the following end-users (construction and industrial) and key regions (the Americas, APAC, and EMEA).

The construction segment held the largest market share in 2017, accounting for nearly 62% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

The Americas held the highest share of the global softwood market in 2017, accounting for a market share of more than 36%. The market share occupied by this region is anticipated to increase by almost 1% during 2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global softwood market is expected to register a CAGR of over 3% during 2018-2022, according to the latest research report by Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com