Global Timber Construction Market Size & Outlook

The global timber construction market size was estimated at USD 16,126.8 million in 2024 and is projected to reach USD 36,494.9 million by 2033, growing at a CAGR of 9.6% from 2025 to 2033.
Revenue, 2024 (US$M)
$16,126.8
Forecast, 2033 (US$M)
$36,494.9
CAGR, 2025 - 2033
9.6%
Report Coverage
Worldwide

Global timber construction market highlights

  • The global timber construction market generated a revenue of USD 16,126.8 million in 2024 and is expected to reach USD 36,494.9 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 9.6% by 2033.
  • In terms of segment, softwood accounted for a revenue of USD 9,559.2 million in 2024.
  • Engineered Wood is the most lucrative timber type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2024.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 16,126.8 million
Market revenue in 2033USD 36,494.9 million
Growth rate9.6% (CAGR from 2025 to 2033)
Largest segmentSoftwood
Fastest growing segmentEngineered Wood
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSoftwood, Hardwood, Engineered Wood

Other key industry trends

  • In terms of revenue, the North America accounted for 29.1% of the global timber construction market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 865.0 million by 2033.

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Timber Construction Market Companies

Name Profile # Employees HQ Website
Structurlam Mass Timber Corporation View profile 101-250 Vancouver, British Columbia, Canada, North America http://www.structurlam.com
Hasslacher Norica Timber View profile 1001-5000 Magdeburg, Sachsen-Anhalt, Germany, Europe https://www.nordlam.hasslacher.com/
Mayr-Melnhof Holz Holding View profile 1001-5000 Leoben, Steiermark, Austria, Europe http://www.mm-holz.com/
LapWall View profile 101-250 Pyhäntä, Oulu, Finland, Europe https://lapwall.fi
B&K Structures View profile 251-500 Derby, Derby, United Kingdom, Europe https://www.bkstructures.co.uk
Binderholz View profile 1001-5000 Fugen, Tirol, Austria, Europe https://www.binderholz.com/
Weyerhaeuser Co View profile 9318 220 Occidental Avenue South, Seattle, WA, United States, 98104-7800 https://www.weyerhaeuser.com
Stora Enso Oyj Ordinary Shares - Class R View profile 20000 P.O. Box 309, Helsinki, Finland, FI-00101 https://www.storaenso.com

Global timber construction 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 market will help companies and investors design strategic landscapes.


Softwood was the largest segment with a revenue share of 59.28% in 2024. Horizon Databook has segmented the Global timber construction market based on softwood, hardwood, engineered wood covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Timber Construction Timber Type Outlook (Revenue, USD Million, 2021-2033)
    • Softwood
    • Hardwood
    • Engineered Wood
  • Global Timber Construction End Use Outlook (Revenue, USD Million, 2021-2033)
    • Residential
    • Non Residential

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Target buyers of Global timber construction market databook

  • Our clientele includes a mix of timber construction 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 global-level data and insights on the Global timber construction market , including forecasts for subscribers. This global databook contains high-level insights into Global timber construction market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global timber construction market size, by regions, 2021-2033 (US$M)

Top 10 countries: Timber construction market size, 2024 (US$M)

Global timber construction market share, by timber type, 2024 & 2033 (%, US$M)

Timber construction market: Opportunity assessment by country

Global timber construction market, by region, 2024 (US$M)

Global timber construction market size, by regions, 2021-2033 (US$M)

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