Glue Laminated Timber Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The glue laminated timber market size has grown steadily in recent years. It will grow from $3.65 billion in 2024 to $3.82 billion in 2025 at a compound annual growth rate (CAGR) of 4.6%. The growth in the historic period can be attributed to rising use of glue-laminated timber in numerous industries, rapid growth of the construction industry, increasing demand from building & construction sector, increasing demand from building & construction sector, increasing demand from residential sector.

The glue laminated timber market size is expected to see steady growth in the next few years. It will grow to $4.38 billion in 2029 at a compound annual growth rate (CAGR) of 3.5%. The growth in the forecast period can be attributed to demand for glue-laminated timber products, rapid urbanization, rapid urbanization unprecedented growth in the construction sector, rising government investments in glue-laminated, growing urban populations worldwide stimulate construction activities. Major trends in the forecast period include continuous advancements in architecture and interior designs, sustainable construction, architectural design flexibility, energy efficiency and thermal performance, green building certifications.

The expanding construction industry is expected to drive the growth of the glue laminated timber market in the coming years. The construction industry encompasses the planning, creation, renovation, and maintenance of buildings and infrastructure. This sector is experiencing growth due to factors such as increased investments in infrastructure, rising demand for housing, and a growing focus on sustainable infrastructure. Glue laminated timber is a strong, flexible, and aesthetically appealing material that is increasingly used in modern construction projects for its sustainability and versatility. For example, in February 2024, the United States Census Bureau reported that capital expenditures on construction activities rose from $45 billion in 2021 to $53.7 billion in 2022, marking a 19.4% increase. As a result, the rapid expansion of the construction industry is fueling the demand for glue laminated timber.

Leading companies in the glue laminated timber market are focusing on innovative product development, such as timber-framed solar carports, to strengthen their competitive position. These carports are parking structures made from wood that support solar panels on the roof, merging renewable energy generation with sustainable materials. For example, in September 2024, Innoventum AB, a Sweden-based renewable energy firm, introduced timber-framed solar carports. Constructed mainly from glue-laminated timber (glulam), these carports have a lower carbon footprint compared to traditional steel alternatives. They can be made from sustainably sourced wood types, including larch, Douglas fir, and oak. Timber solar carports are customizable to suit various spaces and requirements, available either as kits or fully installed solutions with flexible lengths and configurations to fit different parking layouts.

In January 2022, Binderholz Group, an Australian timber company, completed the acquisition of BSW Timber Ltd. for an undisclosed amount. This strategic move is aimed at strengthening Binderholz's foothold in the expanding British market, characterized by significant demand for sawn timber, solid wood, timber construction, and do-it-yourself (DIY) products. BSW Timber Ltd., based in Scotland, is a key player in the manufacturing of timber products, including glue-laminated timber (glulam). The acquisition aligns with Binderholz Group's commitment to capitalizing on growth opportunities and enhancing its presence in key markets.

Major companies operating in the glue laminated timber market are Stora Enso Oyj, Boise Cascade Company, Canfor Corporation, Binderholz GmbH, Pfeifer Holding GmbH, Western Forest Products Inc., Holzindustrie Schweighofer GmbH, Forest Timber Engineering Ltd., Mayr-Melnhof Holz Holding AG, Setra Group AB, W. u. J. Derix GmbH & Co. KG, Eugen Decker GmbH & Co. KG, Eacom Timber Corporation, Structurlam Mass Timber Corporation, B&K Structures Ltd., D.R. Johnson Wood Innovations LLC, Structural Wood Systems Inc., Wiehag GmbH, HASSLACHER Holding GmbH, Schilliger Holz AG, Nordic Engineered Wood, KLH Massivholz GmbH, Glulam Ltd., Calvert Company Inc., Rubner Holzbau GmbH, EcoCurves BV, Meiken Lamwood Corp.

Europe was the largest region in the glue laminated timber market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glue laminated timber market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the glue laminated timber market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The glue laminated timber market consists of sales of Douglas-fir, spruce-pine-fir (SPF), and western hemlock, and other wood species. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

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).

Glue laminated timber is a form of structurally engineered wood product that consists of layers of solid wood boards joined together using high-strength adhesive. This construction material is designed to span considerable distances and support heavy loads, all while maintaining a lightweight composition and cost-effectiveness. The primary objective of utilizing glue laminated timber is to manufacture substantial, resilient, and versatile structural elements suitable for various construction projects.

Glue laminated timber comes in several types, including premium grade, framing grade, industrial grade, and architectural grade. Premium Grade represents the highest quality level of glue laminated timber, known for its outstanding strength, consistency, and aesthetic appeal. It is frequently chosen for prestigious architectural projects and is available in various shapes, including straight, curved, and custom configurations. Premium Grade glue laminated timber finds applications in diverse areas such as floor and roof beams, household framing, replacements, window and door headers, supporting columns, ridge beams, and curved beams. Its applications span various end-uses, including construction, architecture, and building projects.

The glue laminated timber market research report is one of a series of new reports that provides glue laminated timber market statistics, including glue laminated timber industry global market size, regional shares, competitors with a glue laminated timber market share, detailed glue laminated timber market segments, market trends and opportunities, and any further data you may need to thrive in the glue laminated timber industry. This glue laminated timber 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 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.

This product will be delivered within 3-5 business days.