Europe Timber Construction Connectors Market Size & Outlook
Europe timber construction connectors market, 2017-2028 (US$M)
Related Markets
Europe timber construction connectors market highlights
- The Europe timber construction connectors market generated a revenue of USD 275.1 million in 2020.
- The market is expected to grow at a CAGR of 13.6% from 2021 to 2028.
- In terms of segment, timber to timber was the largest revenue generating product in 2020.
- Timber to Timber is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2021 to 2028.
Europe data book summary
| Market revenue in 2020 | USD 275.1 million |
| Market revenue in 2028 | USD 762.9 million |
| Growth rate | 13.6% (CAGR from 2020 to 2028) |
| Largest segment | Timber to timber |
| Fastest growing segment | Timber to Timber |
| Historical data covered | 2017 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Timber to Timber, Timber to Masonry, Timber to Steel |
| Key market players worldwide | ITW Dynatec, Simpson Manufacturing Co Inc, Mitek Systems Inc, Eurotech Ltd, Globus Medical Inc Class A, Pryda Australia, TimberPlates, KNAPP AG, MTC Solutions, Taurus Group |
Other key industry trends
- In terms of revenue, Europe region accounted for 36.5% of the global timber construction connectors market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- North America is the fastest growing regional market and is projected to reach USD 583.7 million by 2028.
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Timber Construction Connectors Market Scope
Timber Construction Connectors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe timber construction connectors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to timber construction connectors market will help companies and investors design strategic landscapes.
Timber to timber was the largest segment with a revenue share of 85.42% in 2020. Horizon Databook has segmented the Europe timber construction connectors market based on timber to timber, timber to masonry, timber to steel covering the revenue growth of each sub-segment from 2017 to 2028.
Globally, Europe was the largest market for timber construction connectors owing to high penetration of wood-based constructions, especially in countries such as Germany, Sweden, and France. Growing demand for single-family residential spaces in the region is further expected to increase the demand for construction connectors.
Moreover, under the program Build-in-wood by Horizon 2020, the proportion of timber construction is projected to ascend, especially in residential and commercial segments, thereby positively influencing the growth of the timber connectors market. Environment regulatory authorities in the region are promoting the use of timber as a construction material on account of its low carbon footprint, consumption of less energy & water, and 100% recyclable nature.
Significant improvements in manufacturing sites, commercial offices, and residential buildings in Germany are likely to dominate the market over the forecast period.
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Our clientele includes a mix of timber construction connectors market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe timber construction connectors market, including forecasts for subscribers. This continent databook contains high-level insights into Europe timber construction connectors market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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Europe timber construction connectors market report size, by country, 2017-2028 (US$M)
Europe Timber Construction Connectors Market Share, 2020 & 2028 (US$M)
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