Global Forestry & Logging Market Trends And Strategies Of Major Players in the Forestry & Logging Market 2021-2030
9 Mar, 2021
The forestry and logging market consists of sales of forestry products and logs by entities (organizations, sole traders and partnerships) that produce or harvest forestry products and logs through the growing, cutting and transporting of timber, operations of the timber tract, growing trees for reforestation and collecting forest products such as gums, barks and fibers.
Global Forestry & Logging Market Size And Drivers:
The global forestry and logging market is expected to grow from $535.96 billion in 2020 to $726.51 billion in 2025 at a rate of 6.3%. The market is expected to grow from $726.51 billion in 2025 to $956.71 billion in 2030 at a CAGR of 5.7%.
Wood used as a building material is increasing due to numerous advantages of wood buildings over concrete buildings, thus driving the market for forestry and logging producers.
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Trends In The Global Forestry & Logging Market
Aerial seed bombing is being adopted to plant trees over a large area. Aerial reforestation is the process of dropping pointed containers with saplings by aircrafts that can plant nearly one million trees every single day. The canisters that are dropped are made of biodegradable material and contain a seedling packed in soil and nutrients. These are designed to be dropped from a low-flying plane so that the canisters hit the ground at 200 mph and embed themselves in the soil. This type of process can help forest owners and other log suppliers to plant more trees in less time so that trees can regenerate and use for future logging activities.
Global Forestry & Logging Market Segments:
The global forestry and logging market is further segmented based on type, application and geography.
By Type: Logging, Timber Tract Operations, Forest Nurseries And Gathering Of Forest Products.
By Application: Construction, Industrial Goods, Others.
By Geography:The global forestry and logging market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global forestry and logging market, accounting to 37.8% of total market.
Read More On The Report For The Global Forestry & Logging Market At:https://www.thebusinessresearchcompany.com/report/forestry-and-logging-products-market
Forestry & Logging Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides forestry and logging market overviews, analyzes and forecasts market size and growth for the global forestry and logging market, forestry and logging market share, forestry and logging market players, forestry and logging market segments and geographies, forestry and logging market’s leading competitors’ revenues, profiles and market shares. The forestry and logging market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.