Dublin, Sept. 27, 2023 (GLOBE NEWSWIRE) -- The "Global Hardwood Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The hardwood market is a competitive landscape where having access to relevant and accurate data is crucial for businesses to stay ahead. This comprehensive market research report offers an in-depth examination of the hardwood market, providing insights into the trends, developments, and factors shaping its direction.
Key Highlights of the Report:
- Market Growth Drivers: The report identifies key drivers behind the growth of the hardwood market, including increasing residential and commercial construction activities, the proliferation of global hardwood trade and market expansion, and the growing demand for aesthetic interiors.
- Market Segmentation: The market is segmented by various applications, such as flooring and furniture, and different hardwood types. It also covers different geographical landscapes, offering a comprehensive view of the market.
- Emerging Trends: The report highlights emerging trends in the hardwood market, including the burgeoning trend of remodeling and renovation as a driver of future market growth, the increasing adoption of engineered hardwood products, and a rising focus on sustainable hardwood sourcing.
- Vendor Analysis: The report provides a detailed vendor analysis covering approximately 25 vendors in the hardwood market. This analysis offers insights that can help businesses redefine their strategies and unlock new growth opportunities.
- Market Forecast and Growth: The hardwood market is expected to grow by USD 9,554.57 million during the period from 2022 to 2027, with a projected CAGR (Compound Annual Growth Rate) of 4.74% during the forecast period.
Market Segmentation:
The report segments the hardwood market based on the following criteria:
- Application: Segments include flooring, furniture, and others.
- Type: Various hardwood types are covered, including ash, cherry, maple, oak, and birch.
- Geographical Landscape: Regions covered include APAC, North America, Europe, the Middle East and Africa, and South America.
Prime Market Drivers:
The study identifies several key drivers for the hardwood market, including the increasing trend of residential and commercial construction activities, the growth of global hardwood trade and market expansion, and the growing preference for aesthetic interiors.
Companies Mentioned:
The report covers key players in the hardwood market, including Appalachian Hardwood Manufacturers Inc., Armstrong World Industries Inc., Barlinek SA, Bauwerk Group Schweiz AG, Berkshire Hathaway Inc., Flooring Innovations, Goodfellow Inc., Home Legend LLC, Lauzon Collection, Mannington Mills Inc., Mirage, Mohawk Industries Inc., Mullican Flooring LP, Provenza Floors Inc., Q.E.P. Co. Inc., Weyerhaeuser Co., and Koch Industries Inc.
Report Contents:
The report on the hardwood market includes the following areas:
- Hardwood market sizing.
- Hardwood market forecast.
- Hardwood market industry analysis.
Investing in this report provides valuable insights for informed decision-making and strategic planning in the competitive hardwood market.
For more information about this report visit https://www.researchandmarkets.com/r/352qsg
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