The wood products manufacturing industry comprises establishments engaged in manufacturing of products derived from wood. This industry includes companies manufacturing lumber, plywood, veneers, wood containers, wood flooring, wood trusses, manufactured homes and prefabricated wood buildings. Wood products product process includes sawing, planning, shaping, laminating, and assembling of wood products into bolts or lumber.
The top five companies covered are Georgia-Pacific Corporation, Weyerhaeuser Company, West Fraser Timber Co. Ltd., Andersen Corporation, Celulosa Arauco y Constitución and Canfor Corporation. Georgia-Pacific Corporation was the largest company in the market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global wood products manufacturing market was valued at around $2 trillion in 2017. Asia Pacific was the largest region in the wood products manufacturing market in 2017, accounting for around 51% market share. China was the largest country in the wood products manufacturing market in 2017, accounting for around 25% market share.
Robots are replacing traditional hand sanding and wood finishing tools. Robot based wood automation tool providers have launched robots that carry out wood sanding, polishing and finishing precisely and quickly. They are developing technologies for assembling a wooden window frame to routing designs in wood panels for a wide range of materials and surfaces. For instance, ABB’s robot automation solutions were implemented in leading companies such as IKEA, VELUX and Svedplan.