The market for reclaimed lumber is expected to grow at a CAGR of around 4.9% from 2020 to 2027 and expected to reach the market value of around US$ 69.0 Bn by 2027.
Lumber or timber is a type of processed wood that is turned into beams and planks while in the initial process of wood production. These are mainly used for construction but have many other usages as well. Whereas, reclaimed lumber is high-quality “upcycled” wood that’s been recovered from various sources like factories, old barns, retired ships, stock farms, warehouses, and wine casts among others for reuse in a new application. These reclaimed woods are highly used in homes and businesses, helps in reduced consumption of new timber, ultimately results in fewer disturbances to forest ecosystems. Some of the other major benefits include reduce landfill waste, and has a lower carbon footprint than new lumber production, as well as reclaimed lumber gains points toward LEED certification in construction projects.
Market Dynamics
The rising environmental awareness, increasing inclination towards recycling, and intensifying focus of governmental as well as private bodies towards the waste management-related issues are driving the market growth. The emerging trend of sustainable construction especially in the developed economies construction sector, coupled with the rising inclination of architectures, developers, and engineers towards the tall wooden buildings in order to reduce their carbon footprints is additionally supporting the market growth. Furthermore, the increasing initiatives or startups with the intent of environment protection are further likely to create potential opportunities with newer applications of reclaimed lumber in the market
On the other hand, the high cost associated with the final product derived from the reclaimed lumber due to extra finish and high labor cost of artisans is likely o limit the growth over the forecast period from 2020 to 2027.
Global Reclaimed Lumber Market
Commercial sector is leading the market with major revenue share
Based on end-use, the commercial sector accounted for the maximum revenue share (%) in terms of revenue. The increasing usage of reclaimed lumber for aesthetic furniture and other constructional purpose is supporting the segmental market value. The increasing numbers of startups that are providing exceptional solutions to the commercial sector are further bolstering the commercial sector market value.
Europe accounted for the maximum revenue share in the global market
In 2019, Europe accounted for the maximum revenue share in the reclaimed lumber market. The major economies of the region including Germany and the UK combined dominated the regional market. The high awareness about environment protection and waste management at the same time is supporting the regional dominating share. The residents are already paying attention to the sustainable options for the construction especially to decrease the carbon footprints is boosting the regional market value. The well-established architectural sector of the region along with the strong footprints in the residential sector is additionally contributing to the regional market growth.
Asia Pacific is likely to exhibit the fastest growth over the forecast period
The rapidly developing economies of the region including China and India are supporting the regional market growth. The rising awareness about environmental protection among the consumers is supporting the regional market value. The commercial sector is also focusing on reducing their carbon footprints and is considering proper disposal of their waste as the company social responsibility (CSR) is another factor boosting the regional market value.
Key Players
The players profiled in the report include Altruwood, Beam and Board, LLC, Carpentier Hardwood Solutions, NV, Elemental Republic, Imondi Flooring, Jarmak Corporation, Olde Wood Ltd., TerraMai, Trestlewood, True American Grain Reclaimed Wood, and Vintage Timberworks, Inc.
Market Segmentation
Market By Source
Post-industrial Reclaimed
Post-Consumer Reclaimed
Water Reclaimed
Orchard Salvage Reclaimed
Forest Floor Salvage Reclaimed
Market By Application
Flooring
Paneling & Siding
Beams
Furniture
Others
Market By End-use
Residential
Commercial
Industrial
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1.Industry Overview of Reclaimed Lumber
1.1.Definition and Scope
1.1.1.Definition of Reclaimed Lumber
1.1.2.Market Segmentation
1.1.3.Years Considered for the Study
1.1.4.Assumptions and Acronyms Used
1.1.4.1.Market Assumptions and Market Forecast
1.1.4.2.Acronyms Used in Global Reclaimed Lumber Market
1.2.Summary
1.2.1.Executive Summary
1.2.2.Reclaimed Lumber Market By Source
1.2.3.Reclaimed Lumber Market By Application
1.2.4.Reclaimed Lumber Market By End-Use
1.2.5.Reclaimed Lumber Market by Regions
CHAPTER 2.Research Approach
2.1.Methodology
2.1.1.Research Programs
2.1.2.Market Size Estimation
2.1.3.Market Breakdown and Data Triangulation
2.2.Data Source
2.2.1.Secondary Sources
2.2.2.Primary Sources
CHAPTER 3.Market Dynamics And Competition Analysis
3.1.Market Drivers
3.1.1.Driver 1
3.1.2.Driver 2
3.2.Restraints and Challenges
3.2.1.Restrain 1
3.2.2.Restrain 2
3.3.Growth Opportunities
3.3.1.Opportunity 1
3.3.2.Opportunity 2
3.4.Porter’s Five Forces Analysis
3.4.1.Bargaining Power of Suppliers
3.4.2.Bargaining Power of Buyers
3.4.3.Threat of Substitute
3.4.4.Threat of New Entrants
3.4.5.Degree of Competition
3.5.Market Concentration Ratio and Market Maturity Analysis of Reclaimed Lumber Market
3.5.1.Go To Market Strategy
3.5.1.1.Introduction
3.5.1.2.Growth
3.5.1.3.Maturity
3.5.1.4.Saturation
3.5.1.5.Possible Development
3.6.Technological Roadmap for Reclaimed Lumber Market
3.7.Value Chain Analysis
3.7.1.List of Key Manufacturers
3.7.2.List of Customers
3.7.3.Level of Integration
3.8.Cost Structure Analysis
3.8.1.Price Trend of Key Raw Materials
3.8.2.Raw Material Suppliers
3.8.3.Proportion of Manufacturing Cost Structure
3.8.3.1.Raw Material
3.8.3.2.Labor Cost
3.8.3.3.Manufacturing Expense
3.9.Regulatory Compliance
3.10.Competitive Landscape, 2019
3.10.1.Player Positioning Analysis
3.10.2.Key Strategies Adopted By Leading Players
CHAPTER 4.Manufacturing Plant Analysis
4.1.Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2.R&D Status and Application Source of Reclaimed Lumber Major Manufacturers in 2019
CHAPTER 5.Reclaimed Lumber Market By Source
5.1.Introduction
5.2.Reclaimed Lumber Revenue By Source
5.2.1.Reclaimed Lumber Revenue (US$ Mn) and Forecast, By Source, 2016-2027
5.2.2.Post-industrial Reclaimed
5.2.2.1.Post-industrial Reclaimed Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3.Post-Consumer Reclaimed
5.2.3.1.Post-Consumer Reclaimed Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4.Water Reclaimed
5.2.4.1.Water Reclaimed Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5.Orchard Salvage Reclaimed
5.2.5.1.Orchard Salvage Reclaimed Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6.Forest Floor Salvage Reclaimed
5.2.6.1.Forest Floor Salvage Reclaimed Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6.Reclaimed Lumber Market Revenue By Application
6.1.Introduction
6.2.Reclaimed Lumber Revenue (US$ Mn) By Application
6.2.1.Reclaimed Lumber Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
6.2.2.Flooring
6.2.2.1.Flooring Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3.Paneling & Siding
6.2.3.1.Paneling & Siding Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4.Beams
6.2.4.1.Beams Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5.Furniture
6.2.5.1.Furniture Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.6.Others
6.2.6.1.Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7.Reclaimed Lumber Market By End-Use
7.1.Introduction
7.2.Reclaimed Lumber Revenue (US$ Mn) By End-Use
7.2.1.Reclaimed Lumber Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
7.2.2.Residential
7.2.2.1.Residential Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3.Commercial
7.2.3.1.Commercial
7.2.4.Ultraviolet–visible spectroscopy
7.2.4.1.Industrial Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8.North America Reclaimed Lumber Market By Country
8.1.North America Reclaimed Lumber Overview
8.2.U.S.
8.2.1.U.S. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
8.2.2.U.S. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.2.3.U.S. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
8.3.Canada
8.3.1.Canada Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
8.3.2.Canada Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.3.3.Canada Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
8.4.North America PEST Analysis
CHAPTER 9.Europe Reclaimed Lumber Market By Country
9.1.Europe Reclaimed Lumber Market Overview
9.2.U.K.
9.2.1.U.K. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
9.2.2.U.K. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.2.3.U.K. Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
9.3.Germany
9.3.1.Germany Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
9.3.2.Germany Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3.3.Germany Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
9.4.France
9.4.1.France Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
9.4.2.France Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.4.3.France Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
9.5.Spain
9.5.1.Spain Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
9.5.2.Spain Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.5.3.Spain Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
9.6.Rest of Europe
9.6.1.Rest of Europe Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016-2027
9.6.2.Rest of Europe Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.6.3.Rest of Europe Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016-2027
9.7.Europe PEST Analysis
CHAPTER 10.Asia Pacific Reclaimed Lumber Market By Country
10.1.Asia Pacific Reclaimed Lumber Market Overview
10.2.China
10.2.1.China Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.2.2.China Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.2.3.China Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.3.Japan
10.3.1.Japan Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.3.2.Japan Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3.3.Japan Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.4.India
10.4.1.India Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.4.2.India Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4.3.India Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.5.Australia
10.5.1.Australia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.5.2.Australia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5.3.Australia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.6.South Korea
10.6.1.South Korea Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.6.2.South Korea Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6.3.South Korea Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.7.Rest of Asia-Pacific
10.7.1.Rest of Asia-Pacific Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
10.7.2.Rest of Asia-Pacific Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7.3.Rest of Asia-Pacific Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
10.8.Asia Pacific PEST Analysis
CHAPTER 11.Latin America Reclaimed Lumber Market By Country
11.1.Latin America Reclaimed Lumber Market Overview
11.2.Brazil
11.2.1.Brazil Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
11.2.2.Brazil Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.2.3.Brazil Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
11.3.Mexico
11.3.1.Mexico Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
11.3.2.Mexico Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3.3.Mexico Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
11.4.Rest of Latin America
11.4.1.Rest of Latin America Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
11.4.2.Rest of Latin America Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4.3.Rest of Latin America Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 – 2027
11.5.Latin America PEST Analysis
CHAPTER 12.Middle East & Africa Reclaimed Lumber Market By Country
12.1.Middle East & Africa Reclaimed Lumber Market Overview
12.2.Saudi Arabia
12.2.1.Saudi Arabia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
12.2.2.Saudi Arabia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.2.3.Saudi Arabia Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
12.3.UAE
12.3.1.UAE Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
12.3.2.UAE Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3.3.UAE Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 - 2027
12.4.Rest of Middle East & Africa
12.4.1.Rest of Middle East & Africa Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Source, 2016 - 2027
12.4.2.Rest of Middle East & Africa Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4.3.Rest of Middle East & Africa Reclaimed Lumber Market Revenue (US$ Mn) and Forecast By End-Use, 2016 – 2027
12.5.Middle East & Africa PEST Analysis
CHAPTER 13.Player Analysis Of Reclaimed Lumber
13.1.Reclaimed Lumber Market Company Share Analysis
13.2.Competition Matrix
13.2.1.Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2.New Product Launches and Product Enhancements
13.2.3.Mergers And Acquisition In Global Reclaimed Lumber Market
13.2.4.Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14.COMPANY PROFILE
14.1.Altruwood
14.1.1.Company Snapshot
14.1.2.Business Overview
14.1.3.Financial Overview
14.1.3.1.Revenue (US$ Mn), 2019
14.1.3.2.Altruwood 2019 Reclaimed Lumber Business Regional Distribution
14.1.4.Product/ Service and Specification
14.1.5.Recent Developments & Business Strategy
14.1.6.Manufacturing Plant Footprint Analysis
14.2.Beam and Board, LLC
14.3.Carpentier Hardwood Solutions, NV
14.4.Elemental Republic
14.5.Imondi Flooring
14.6.Jarmak Corporation
14.7.Olde Wood Ltd.
14.8.TerraMai
14.9.Trestlewood
14.10.True American Grain Reclaimed Wood
14.11.Vintage Timberworks, Inc.
14.12.Others
