France Timber Construction Connectors Market Size & Outlook
France timber construction connectors market, 2017-2028 (US$M)
Related Markets
France timber construction connectors market highlights
- The France timber construction connectors market generated a revenue of USD 34.0 million in 2020 and is expected to reach USD 91.3 million by 2028.
- The France market is expected to grow at a CAGR of 13.2% 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.
Timber construction connectors market data book summary
| Market revenue in 2020 | USD 34.0 million |
| Market revenue in 2028 | USD 91.3 million |
| Growth rate | 13.2% (CAGR from 2020 to 2028) |
| Largest segment | Timber to timber |
| Fastest growing segment | Timber to Timber |
| Historical data | 2017 - 2019 |
| Base year | 2020 |
| Forecast period | 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, France accounted for 4.5% of the global timber construction connectors market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany timber construction connectors market is projected to lead the regional market in terms of revenue in 2028.
- Russia is the fastest growing regional market in Europe and is projected to reach USD 62.3 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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France 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 82.94% in 2020. Horizon Databook has segmented the France 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.
A gradual reduction in corporate tax, coupled with supporting financing conditions, is projected to boost business investments in France. These trends are anticipated to drive the construction of commercial buildings in the country, thereby augmenting the demand for wood-based construction.
Moreover, the government of France has mandated the inclusion of 50% wood in new public buildings by 2022, thus supplementing the demand for wood structures in construction applications. Economic growth in France is anticipated to gain momentum and grow by nearly 2% by 2022 due to increasing business confidence.
However, the negative impact of COVID-19 on the construction industry is likely to hamper its growth in the coming years as several construction projects were suspended in 2020. The gradual resumption in industrial activities and regaining momentum in economic conditions are expected to raise investor confidence in construction spending. This is likely to influence the growth of the market on a positive note.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the France timber construction connectors market, including forecasts for subscribers. This country databook contains high-level insights into France timber construction connectors market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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France timber construction connectors market report size, by product, 2017-2028 (US$M)
France Timber Construction Connectors Market Share, 2020 & 2028 (US$M)
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