The market is dominated by domestic suppliers, as imports account for 22.1% of total market size in 2022. B2B drives market demand, with B2B spending representing 89.1% of total demand in 2022. The US has the largest market size for wood and wood products across the top 20 developed countries, with demand reaching USD252 billion in 2022. Weyerhaeuser Co is the largest company in the US, generating 3.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 9.5% of total production value in 2022. The total number of companies decreases in 2022, to 31,827 units. The costs of the industry increase by 6.1% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 22.1% of production value in 2022, the fifth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 5.2% of total production output. With production value of USD165 billion, the US accounts for 78.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Wood and Wood Products in the US: ISIC 20. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wood and Wood Products in the US: ISIC 20 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Forestry, Wood and Paper is an aggregation of Forestry, Wood and Wood Products; Corrugated Paper, Paperboard and Containers; Disposable Paper Products; Pulp, Paper and Paperboard.See All of Our Definitions
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