Forestry and Logging Market Report 2025

The forestry and logging market size has grown strongly in recent years. It will grow from $1.16 trillion in 2024 to $1.26 trillion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to growth in residential construction activity, increasing demand for cruise ships, increased demand for tissue and paper products and economic growth.

The forestry and logging market size is expected to see strong growth in the next few years. It will grow to $1.75 trillion in 2029 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to increasing construction of wooden buildings, adoption of automated forestry management, increasing use of biomass and increasing demand for wooden furniture. Major trends in the forecast period include focus on reforestation, incorporating new and improved techniques in harvesting logs, using big data to detect the best time for logging and transport and involving drones for forest management.

The increasing use of wood as a building material is driving demand in the forestry and logging market, primarily due to the many advantages wood offers over concrete. Currently, the construction industry accounts for 25% of global greenhouse gas emissions, leading to the emergence of green building practices aimed at reducing CO2 emissions and sequestering carbon. Additionally, wooden structures generate minimal waste and can be built more rapidly compared to concrete buildings. For example, in December 2022, the Natural Resources Institute, a government agency in Finland, reported that total round wood usage in the country was 75.4 million cubic meters in 2023. Furthermore, in April 2022, the Food and Agriculture Organization (FAO), a United Nations agency focused on international hunger alleviation, projected that the consumption of primary processed wood products would reach 3.1 billion cubic meters in 2022, with a 37% growth expected by 2050. Thus, the increasing preference for wood in construction is bolstering the forestry and logging market.

The anticipated growth in construction investment is likely to further enhance the forestry and logging market. Construction activities encompass various tasks related to building, renovating, or erecting structures such as buildings, infrastructure, and facilities. The forestry and logging industry supplies essential raw materials for these activities, as substantial amounts of wood products - like lumber, plywood, and engineered wood - are needed for constructing buildings, bridges, and infrastructure. For instance, in November 2023, the Office for National Statistics, a UK government agency, reported that the value of new construction work in Great Britain increased by 15.8% in 2022, reaching a record high of approximately $165.5 billion, spurred by growth in both private sector projects ($17.5 billion) and public sector initiatives ($5.1 billion). Additionally, new construction orders rose by 11.4% to around $100.2 billion, driven by expansions in private infrastructure, commercial projects, and various public non-housing sectors, while only the private industrial sector saw a decline. Therefore, the rising investment in construction is propelling the growth of the forestry and logging market.

The application of advanced techniques in forest logging methods has enhanced safety, fiber utilization, environmental protection, and productivity while minimizing damage to residual trees. Various improved logging methods include harvester/forwarder systems, cable harvesting systems, and helicopter logging. Harvester or forwarder logging is particularly prevalent in northern and central Europe, and its usage is expected to grow due to economic, ergonomic, and ecological advantages over motor/manual (saw/skidding) harvesting. Cable harvesting is employed in mountainous regions, while helicopter logging is favored in environmentally constrained and remote areas. A recent study indicates that improved logging operations can result in a 30% increase in wood volume, with damage to residual trees reduced to 20%. For example, Markit! Forestry Management has utilized helicopter logging in the challenging terrain of the Dry Lake Hills area, where traditional transport methods were hindered by steep slopes.

Major companies in the forestry and logging market are concentrating on the development of new technologies, such as Log Inventory and Management Systems (LIMS), to deliver reliable services to customers. Log Inventory and Management Systems (LIMS) are designed for the forestry and logging industry to enhance productivity and sustainability, providing operational visibility for mills managing raw materials sourced from forests. In July 2023, Trimble Inc., a US-based utilities and technology company, introduced the Log Inventory and Management System (LIMS), a new cloud-based version of enterprise software catering to integrated forest product companies, forest managers, conservation organizations, government departments, finished product manufacturers, and paper mills. This system enables small- and medium-sized forest product companies to achieve enhanced productivity.

Major companies operating in the forestry and logging market include Weyerhaeuser Company, China Forestry Group Corporation, Rayonier Inc., PotlatchDeltic Corporation, Forestry Corporation of NSW, Washington State Department of Natural Resources, Jilin Forest Industry Co., Ltd., Tilhill Forestry, Pope Resources, A Delaware Limited Partnership, CatchMark Timber Trust, Inc., HVP Plantations, China Longjiang Forest Industry, China Inner Mongolia Forestry Industry Group, Greater Khingan Mountains Forestry Group, China Jilin Forestry Industry Group Co., Ltd., Singla Timbers, Oji Group, EGGER Limited, RTS Forestry, James Jones and Sons Limited, Metsähallitus Forestry Ltd, ATA Timber, Bergs Timber AB, Scottish Woodlands Ltd, Holmen Timber, BSW Timber, Titan group, Timberwood, Russia Forest Products, LST a.s., Wotan Forest, a.s., UNILES Inc., Segezha Group, SORT-1, LLC, KPPD-Szczecinek SA, Sawmill Radom, Ilim Timber LLC, Hancock Timber Resource Group, RSH Forest Products, Sierra Pacific, Benevides Madeiras, Duratex, Fibria Celulose, Klabin, Suzano Papel e Celulose, Daco Parquet Factory AS, Kartonsan, Balci Orman Urunleri, Merensky, Safcol, Miro Forestry and Timber Products, United Forest Products, Chukifywood, Firstcut International, Royal Castle Trading Enterprises, Chrischeriss Global Services Ltd.

Asia-Pacific was the largest region in the forestry and logging market in 2024. North America was the second-largest region in the forestry and logging market. The regions covered in the forestry and logging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the forestry and logging market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The forestry and logging market consists of revenues earned by entities that produce or harvest forestry products and logs and are involved in growing, cutting and transporting timber, operations of the timber tract, growing trees for reforestation and collecting forest products such as gums, barks and fibers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

Forestry and logging encompass the overall management and cultivation of forested regions for multiple objectives, including conservation, timber production, and maintaining ecosystem health. Logging, in particular, pertains to the act of felling trees, processing them, and transporting the resulting wood products. Practices such as selective logging and clear-cutting are utilized to reconcile economic demands with environmental sustainability.

The primary categories within forestry and logging include logging itself, timber tract operations, forest nurseries, and the collection of forest products. Logging specifically denotes the harvesting of trees, the cutting of suitable lengths, and the transportation of the logs to a sawmill. The offerings in this domain encompass hardware, software, and services utilized across various applications such as construction, industrial goods, and others.

The forestry and logging market research report is one of a series of new reports that provides forestry and logging market statistics, including forestry and logging industry global market size, regional shares, competitors with a forestry and logging market share, detailed forestry and logging market segments, market trends and opportunities, and any further data you may need to thrive in the forestry and logging industry. This forestry and logging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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