Canada Timber Construction Market Size & Outlook, 2025-2033
The timber construction market in Canada is expected to reach a projected revenue of US$ 595.6 million by 2033. A compound annual growth rate of 9.1% is expected of Canada timber construction market from 2025 to 2033.
Revenue, 2024 (US$M)
$275.3
Forecast, 2033 (US$M)
$595.6
CAGR, 2025 - 2033
9.1%
Report Coverage
Canada
Global Market
Related Markets
Canada timber construction market highlights
- The Canada timber construction market generated a revenue of USD 275.3 million in 2024 and is expected to reach USD 595.6 million by 2033.
- The Canada market is expected to grow at a CAGR of 9.1% from 2025 to 2033.
- In terms of segment, softwood was the largest revenue generating timber type in 2024.
- Engineered Wood is the most lucrative timber type segment registering the fastest growth during the forecast period.
Timber construction market data book summary
| Market revenue in 2024 | USD 275.3 million |
| Market revenue in 2033 | USD 595.6 million |
| Growth rate | 9.1% (CAGR from 2025 to 2033) |
| Largest segment | Softwood |
| Fastest growing segment | Engineered Wood |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Softwood, Hardwood, Engineered Wood |
Other key industry trends
- In terms of revenue, Canada accounted for 1.7% of the global timber construction market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. timber construction market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 865.0 million by 2033.
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Publish Date: Aug 12, 2025
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Timber Construction Market Scope
Timber Construction Market segmentation & scope
Timber Construction Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stora Enso Oyj Ordinary Shares - Class R | View profile | 20,000 | P.O. Box 309, Helsinki, Finland, FI-00101 | www.storaenso.com |
| Weyerhaeuser Co | View profile | 9,318 | 220 Occidental Avenue South, Seattle, WA, United States, 98104-7800 | www.weyerhaeuser.com |
| Binderholz | View profile | 1001-5000 | Fugen, Tirol, Austria, Europe | www.binderholz.com/ |
| B&K Structures | View profile | 251-500 | Derby, Derby, United Kingdom, Europe | www.bkstructures.co.uk |
| LapWall | View profile | 101-250 | Pyhäntä, Oulu, Finland, Europe | lapwall.fi |
| Mayr-Melnhof Holz Holding | View profile | 1001-5000 | Leoben, Steiermark, Austria, Europe | www.mm-holz.com/ |
| Hasslacher Norica Timber | View profile | 1001-5000 | Magdeburg, Sachsen-Anhalt, Germany, Europe | www.nordlam.hasslacher.com/ |
| Structurlam Mass Timber Corporation | View profile | 101-250 | Vancouver, British Columbia, Canada, North America | www.structurlam.com |
Canada Timber Construction 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 Timber Construction Market Outlook will help companies and investors design strategic landscapes.
Softwood was the largest segment with a revenue share of 58.99% in 2024.
Horizon Databook has segmented the Canada timber construction market based on softwood, hardwood, engineered wood covering the revenue growth of each sub-segment from 2021 to 2033.
- Canada Timber Construction Market Timber Type Outlook (Revenue, USD Million , 2021-2033)
- Softwood
- Hardwood
- Engineered Wood
- Canada Timber Construction Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Residential
- Non Residential
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Timber Construction Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Timber Construction Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Canada Timber Construction Market, 2021-2033 (US$M)
Canada timber construction market statistics, by timber type, 2021-2033 (US$M)
