Global Cross Laminated Timber Market Size & Outlook
Global cross laminated timber market, 2018-2030 (US$M)
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Global cross laminated timber market highlights
- The global cross laminated timber market generated a revenue of USD 1,174.2 million in 2022 and is expected to reach USD 3,569.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 14.9% by 2030.
- In terms of segment, adhesive bonded cross laminated timber accounted for a revenue of USD 1,036.1 million in 2022.
- Mechanically Fastened Cross Laminated Timber is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2022.
- Country-wise, New Zealand is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 1,174.2 million |
| Market revenue in 2030 | USD 3,569.1 million |
| Growth rate | 14.9% (CAGR from 2022 to 2030) |
| Largest segment | Adhesive bonded cross laminated timber |
| Fastest growing segment | Mechanically Fastened Cross Laminated Timber |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adhesive Bonded Cross Laminated Timber, Mechanically Fastened Cross Laminated Timber |
Other key industry trends
- In terms of revenue, the North America accounted for 21.0% of the global cross laminated timber market in 2022.
- By country, the Austria is projected to lead the global market in terms of revenue in 2030.
- By country, New Zealand is the fastest growing regional market and is projected to reach USD 51.0 million by 2030.
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Cross Laminated Timber Market Scope
Cross Laminated Timber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Meiken Kogyo | View profile | 251-500 | Okayama, Okayama, Japan, Asia | https://www.meikenkogyo.com |
| Eugen Decker | View profile | 1-10 | Morbach, Rheinland-Pfalz, Germany, Europe | https://www.eugen-decker.de |
| SmartLam North America | View profile | 51-100 | Columbia Falls, Montana, United States, North America | https://www.smartlam.com/ |
| B&K Structures | View profile | 251-500 | Derby, Derby, United Kingdom, Europe | https://www.bkstructures.co.uk |
| KLH Massivholz | View profile | 101-250 | Teufenbach, Steiermark, Austria, Europe | https://www.klh.at |
| Schilliger Holz | View profile | 51-100 | Udligenswil, Luzern, Switzerland, Europe | https://www.schilliger.ch/ |
| XLam | View profile | 101-250 | Melbourne, Victoria, Australia, Oceania | https://www.xlam.co.nz/ |
| Binderholz | View profile | 1001-5000 | Fugen, Tirol, Austria, Europe | https://www.binderholz.com/ |
| Sterling Check Corp | View profile | 5700 | 6150 Oak Tree Boulevard, Suite 490, Independence, OH, United States, 44131 | https://www.sterlingcheck.com |
| Mayr-Melnhof Karton AG | View profile | 14865 | Brahmsplatz 6, Vienna, Austria, A-1040 | https://www.mm.group |
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20000 | P.O. Box 309, Helsinki, Finland, FI-00101 | https://www.storaenso.com |
| Mercer International Inc | View profile | 3508 | 700 West Pender Street, Suite 1120, Vancouver, BC, Canada, V6C 1G8 | https://www.mercerint.com |
Global cross laminated timber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cross laminated timber market will help companies and investors design strategic landscapes.
Adhesive bonded cross laminated timber was the largest segment with a revenue share of 88.24% in 2022. Horizon Databook has segmented the Global cross laminated timber market based on adhesive bonded cross laminated timber, mechanically fastened cross laminated timber covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cross Laminated Timber Product Outlook (Revenue, USD Million, 2018-2030)
- Mechanically Fastened Cross Laminated Timber
- Adhesive Bonded Cross Laminated Timber
- Global Cross Laminated Timber Application Outlook (Revenue, USD Million, 2018-2030)
- Institutional
- Commercial
- Other Applications
- Residential
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Target buyers of Global cross laminated timber market databook
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Our clientele includes a mix of cross laminated timber market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cross laminated timber market , including forecasts for subscribers. This global databook contains high-level insights into Global cross laminated timber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cross laminated timber market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cross laminated timber market size, 2022 (US$M)
Global cross laminated timber market share, by application, 2022 & 2030 (%, US$M)
Cross laminated timber market: Opportunity assessment by country
Global cross laminated timber market, by region, 2022 (US$M)
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