DUBLIN--(BUSINESS WIRE)--The "North America Lumber Market with Focus on US & Canada: Industry Analysis & Outlook (2018-2022)" report has been added to ResearchAndMarkets.com's offering.
In the year 2017, the North American lumber market was rapidly growing with increase in the capacity of lumber producers, accelerating production of lumber and growth of exports.
The U.S. and Canada maintained a positive growth in lumber market due to increasing housing starts, urbanization and inclination of population for home repair and remodeling. These growth drivers increased the demand of lumber as a basic raw material for various construction activities.
The U.S. dominated the North American lumber market with extensive production of lumber and enormous offshore trade. The presence of large amount of production sites in North America led to significant lumber trade in the globe.
Although, various fluctuations in prices of southern saw lumber in the U.S. have been observed. Also, the trade disputes among Canada and the U.S. draws a major challenge for North American lumber market.
Advancement in research and development for efficient production would show promising development in the market.
Market Dynamics
Growth Drivers
- Increasing Housing Starts in Canada
- Rapid Urbanization
- Growth in Construction Activities
- Increasing Consumer Spending for Furniture
- Repair and Remodel Spending
Key Trends
- Lumber Real Prices in North America
- Fluctuating Southern Saw Timber Prices in the U.S.
- Increasing Offering of Ready Frame
Challenges
- Labor Shortages
- Higher Lumber Costs
- Trade Disputes
Key Topics Covered
2. North America Lumber Market
3. The U.S. Lumber Market
4. Canada Lumber Market
5. Market Dynamics
6. Competitive Landscape
7. Company Profiles
- Canfor
-
Resolute Forest Products
- Tolko
- West Fraser Timber
- Weyerhaeuser
- Interfor Corporation
- Georgia-Pacific
- Sierra Pacific
For more information about this report visit https://www.researchandmarkets.com/research/5fc97v/north_american?w=4
