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    China Engineered Wood Market

    ID: MRFR/PNT/54982-HCR
    200 Pages
    Snehal Singh
    September 2025

    China Engineered Wood Market Research Report: By Product Type (plywood, laminated veneer lumber(lvl), glulam, i-beams and cross laminated, timber(clt)) andBy Application (residential, non-residential)- Forecast to 2035

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    China Engineered Wood Market Summary

    The China Engineered Wood market is projected to experience substantial growth, reaching 164.2 USD Billion by 2035.

    Key Market Trends & Highlights

    China Engineered Wood Key Trends and Highlights

    • The market valuation for China Engineered Wood is estimated at 40.7 USD Billion in 2024.
    • From 2025 to 2035, the market is expected to grow at a compound annual growth rate of 13.52%.
    • By 2035, the market is anticipated to expand to 164.2 USD Billion, reflecting a robust demand for engineered wood products.
    • Growing adoption of sustainable building materials due to increasing environmental awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 40.7 (USD Billion)
    2035 Market Size 164.2 (USD Billion)
    CAGR (2025-2035) 13.52%

    Major Players

    SinoForest Corporation, Guangxi Qinzhou Forest Industry Co, Linyi Manxiang Furniture Co, Jiangsu Baolai Wood Co, Fujian Haoda Wood Co, Kvaernevik Group, Qingdao Xinyi Wood Co, China Minmetals Corporation, Shandong Wivel Wood Co, Shanxi Huayu Wood Industry, Wanda Group, Linyi Shanshui Wood Co, Fujian Nanan Huari Wood Co, China National Building Material Group

    China Engineered Wood Market Trends

    Market Segment Insights

    Engineered Wood Market Product Type Insights

    The China Engineered Wood Market showcases a diverse array of products under its Product Type segment, illustrating a robust growth dynamic fueled by increasing demand in construction, furniture, and eco-friendly building materials. Plywood remains a cornerstone of this market, celebrated for its versatility and strength while offering advantages such as lightweight properties and ease of use. Laminated veneer lumber (LVL) is gaining traction for its superior performance compared to traditional solid wood, making it particularly significant for structural applications.Glulam is also noteworthy, as it provides an efficient solution for large-span constructions, meeting both aesthetic and functional needs in modern architecture.

    I-beams are popular in industrial settings, particularly for their extensive load-bearing capacity and efficiency in material usage. Cross-laminated timber (CLT) is emerging as a game-changer, significantly addressed by the green building movement for its sustainable aspect and energy efficiency benefits.

    This diversity within the Product Type segment is a reflection of industry trends toward sustainable development, enhanced building techniques, and a rising preference for engineered wood solutions over conventional materials.The comprehensive advancements in these product lines align with China's overarching growth in infrastructure development, as domestic and international stakeholders increasingly leverage the strengths of engineered wood products for sustainable construction practices.

    Engineered Wood Market Application Insights

    The China Engineered Wood Market is experiencing significant growth in the Application segment, driven primarily by increasing urbanization and rising consumer demand for sustainable building materials. In the residential sector, engineered wood is favored for its versatility and aesthetic appeal, making it a popular choice for flooring, cabinetry, and furniture. The non-residential sector equally showcases a dynamic trend, as engineered wood is increasingly utilized in commercial construction due to its strength and cost-effectiveness.

    Factors such as government initiatives promoting green building practices and the rise of eco-conscious consumers are further enhancing the demand these applications.The residential application is particularly noteworthy, as it caters to a growing population keen on modern living spaces, while non-residential projects focus on sustainability and energy efficiency, thus driving the market's overall growth. As the construction industry in China continues to evolve, the market data indicates a shift towards engineered wood solutions that align with both functionality and environmental responsibility.

    Such trends underscore the importance of these applications within the broader China Engineered Wood Market, highlighting their potential and significant role in shaping contemporary architecture and design.

    Get more detailed insights about China Engineered Wood Market Research Report- Forecast to 2035

    Key Players and Competitive Insights

    The China Engineered Wood Market is characterized by a rapidly growing landscape driven by rising demand for sustainable and innovative building materials. Increased urbanization, infrastructural development, and a shifting focus toward environmentally friendly construction solutions have catalyzed the growth of engineered wood products in China. Strategic investments in technological advancements, coupled with a growing awareness the benefits of engineered wood, have allowed manufacturers to enhance product quality while reducing environmental impact. Understanding competitive dynamics is crucial, as numerous companies vie for market share, offering a diverse range of products tailored to meet ever-evolving consumer preferences.

    The landscape is marked by key players who emphasize differentiation through quality, pricing strategies, and customer service, fostering a competitive environment that drives innovation and efficiency.SinoForest Corporation has established a robust presence in the China Engineered Wood Market through its extensive portfolio of wood-based products. With a focus on sustainable forestry practices, the company has adeptly positioned itself as a leader by blending quality with environmental responsibility. SinoForest's strengths lie in its strong supply chain management and its ability to optimize resource utilization, ensuring high-quality output.

    Their commitment to research and development enables the company to continually innovate, responding to market demands with advanced engineered wood solutions. Furthermore, SinoForest has expanded its market presence by forging partnerships and alliances, further enhancing its competitive advantage in this thriving segment of the wood industry.In the realm of the China Engineered Wood Market, Guangxi Qinzhou Forest Industry Co has carved a niche for itself through its diverse offerings, which include engineered wood panels and complementary products that cater to various sectors, from construction to furniture design.

    The company leverages its strategic location to optimize logistics and distribution, ensuring timely delivery and services throughout China. Guangxi Qinzhou’s strengths encompass a commitment to quality manufacturing processes supported by state-of-the-art technology that allows the company to produce innovative wood products with minimal environmental impact. Additionally, Guangxi Qinzhou has actively explored mergers and acquisitions to enhance its capabilities and expand its market footprint, thereby solidifying its position as a key player.

    With a focus on customer-centric solutions and a commitment to sustainable practices, Guangxi Qinzhou continues to thrive within a competitive landscape while addressing the needs of the rapidly growing engineered wood market in China.

    Key Companies in the China Engineered Wood Market market include

    Industry Developments

    Recent developments in the China Engineered Wood Market have highlighted increased activity among key players and a growing focus on sustainability and innovation. SinoForest Corporation has enhanced its production capabilities, aiming to meet the rising demand for eco-friendly building materials. Guangxi Qinzhou Forest Industry Co has also reported expansions to its operations to capture more market share. In terms of mergers and acquisitions, Linyi Manxiang Furniture Co and Jiangsu Baolai Wood Co have officially announced a strategic partnership in August 2023, anticipating a boost in production and resource sharing.

    Meanwhile, Fujian Haoda Wood Co has secured an acquisition of Qingdao Xinyi Wood Co in July 2023, which is expected to optimize supply chain efficiencies. The overall market valuation for companies within this sector has increased significantly due to growing investments and government initiatives promoting sustainable forestry practices.

    The China National Building Material Group has been actively involved in research and development efforts to innovate within the market, while Shandong Wivel Wood Co and Shanxi Huayu Wood Industry have also been recognized for their contributions to increasing market dynamics over the past couple of years, with notable advancements reported in late 2022 and early 2023.

    Market Segmentation

    Outlook

    • residential
    • non-residential

    Engineered Wood Market Application Outlook

    • residential
    • non-residential

    Engineered Wood Market Product Type Outlook

    • plywood
    • laminated veneer lumber(lvl)
    • glulam
    • i-beams and cross laminated
    • timber(clt)

    Report Scope

     
    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 37.95(USD Billion)
    MARKET SIZE 2024 40.68(USD Billion)
    MARKET SIZE 2035 164.18(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.523% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED SinoForest Corporation, Guangxi Qinzhou Forest Industry Co, Linyi Manxiang Furniture Co, Jiangsu Baolai Wood Co, Fujian Haoda Wood Co, Kvaernevik Group, Qingdao Xinyi Wood Co, China Minmetals Corporation, Shandong Wivel Wood Co, Shanxi Huayu Wood Industry, Wanda Group, Linyi Shanshui Wood Co, Fujian Nanan Huari Wood Co, China National Building Material Group
    SEGMENTS COVERED Product Type, Application
    KEY MARKET OPPORTUNITIES Growing urbanization demand, Eco-friendly construction materials, Expansion in furniture manufacturing, Renovation and remodeling trends, Technological advancements in production
    KEY MARKET DYNAMICS sustainable construction trends, rising urbanization rates, government incentives for eco-friendly products, increasing demand for furniture, growing awareness of timber alternatives
    COUNTRIES COVERED China

    FAQs

    What is the expected market size of the China Engineered Wood Market in 2024?

    The China Engineered Wood Market is expected to be valued at 40.68 USD Billion in 2024.

    What growth rate is projected for the China Engineered Wood Market from 2025 to 2035?

    The market is projected to grow at a CAGR of 13.523% from 2025 to 2035.

    How much will the China Engineered Wood Market be valued by 2035?

    By 2035, the overall market is expected to reach 164.18 USD Billion.

    Which product type is expected to have the largest market share in 2024?

    Plywood is expected to dominate the market with a value of 10.0 USD Billion in 2024.

    What is the projected market value of laminated veneer lumber (LVL) in 2035?

    The market value for laminated veneer lumber (LVL) is projected to be 32.0 USD Billion by 2035.

    Who are the major players in the China Engineered Wood Market?

    Key players include SinoForest Corporation, Guangxi Qinzhou Forest Industry Co, and China National Building Material Group among others.

    What is the estimated market size for glulam in 2024?

    The estimated market size for glulam in 2024 is 7.0 USD Billion.

    How much is the timber (CLT) market worth in 2024?

    The timber (CLT) market is valued at 9.68 USD Billion in 2024.

    What are the expected market trends in the China Engineered Wood Market?

    The market is expected to see growth driven by increasing construction activities and rising demand for sustainable building materials.

    What will the value of I-beams and cross laminated timber be in 2035?

    The value of I-beams and cross laminated timber is expected to be 24.0 USD Billion by 2035.

    Report Infographic
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