Wood Recycling Market Size, Share, and Growth Analysis

Global Wood Recycling Market

Wood Recycling Market By Source (Construction & Demolition, Industrial), By Wood Type (Treated Wood, Untreated Wood), By Application (Particleboard, Wood Pellets), By End Use Industry (Furniture, Construction), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15P2023 | Region: Global | Published Date: February, 2025
Pages: 199 |Tables: 93 |Figures: 71

Format - word format excel data power point presentation

Wood Recycling Market Insights

Wood Recycling Market size was valued at USD 19.45 billion in 2023 and is poised to grow from USD 20.44 billion in 2024 to USD 30.43 billion by 2032, growing at a CAGR of 5.1% during the forecast period (2025-2032).

Growing interest in renewable energy has fueled the demand for biomass energy, in which recycled wood takes center stage. Wood waste is used as an eco-friendly option by several industries and power generation plants instead of fossil fuels to cut carbon emissions and conserve energy. It notably fuels the wood recycling market expansion.

The global wood recycling industry has emerged as a pivotal business segment of the larger waste management and circular economy market due to growing environmental sensitivities and governance imperatives. Wood waste, which originates from construction and demolition (C&D), furniture, packaging, and industrial processes, accounts for a major percentage of the world's waste streams. Rather than landfilling or incinerating wood, recycled wood is reused to produce different value-added products including particleboards, biofuel, mulch, compost, bedding for animals, and landscaping supplies. The increased focus on sustainability and resource utilization has driven up demand for recycling wood, mainly in the building, furniture industries, and the biomass energy markets.

Governments all over the globe have enacted strong regulations to cap landfill waste and encourage recycling practices, further pushing market growth. Technological improvement in recycling tools, including auto-sorting plants and bio-treatments, has improved process efficiency and recycling wood material quality. Furthermore, the expanding use of circular economy principles by industries such as construction, furniture, and energy has promoted increased use of recycled wood in the development of sustainable products. Urbanization and industrialization have also generated substantial wood waste, presenting both challenges and opportunities for recycling companies. Market operators are increasing processing capacity and investing in new recycling technologies to maximize resource recovery and minimize waste disposal costs.

Demand for sustainable building materials and bio-based products continues to rise, thus providing more impetus for the wood recycling market. Also, partnerships between government agencies, private enterprises, and environmental bodies are driving innovation and knowledge-sharing within the sector. As a result of the continued focus on sustainability, waste minimization, and renewable resources, the global wood recycling market can anticipate stable growth from technology development, policy initiatives, and increasing consumer awareness of the use of recycled wood products.

In March 2023, the European Union made a €1 billion investment to improve wood recycling facilities in member countries. The move will help advance recycling levels, minimize landfill waste, and encourage circular economy principles. The money will be used for new recycling technologies, waste collection optimization, and green product development. With strict environmental regulations and rising consumer awareness, this investment is expected to drive significant growth in the wood recycling market over the next four to five years. By strengthening recycling capabilities and fostering innovation, the EU’s initiative will contribute to a more sustainable and resource-efficient wood recycling industry globally.

In February 2023, IKEA partnered with Renewi to launch a large-scale wood recycling program, reinforcing its commitment to sustainability. The initiative focuses on collecting and repurposing wood waste from IKEA products, reducing environmental impact and increasing resource efficiency. This program aligns with IKEA’s goal of becoming a circular business by 2030, setting a benchmark for sustainable retail practices. By incorporating recycling into its supply chain, the business is likely to shape the trend of wood waste management in the global market. The partnership with Renewi reflects the increasing contribution of large businesses to the future of the wood recycling sector.

In October 2024, North America's top waste management company, Waste Management, Inc., entered into a strategic alliance with advanced recycling technology company Renewlogy. Through this partnership, Waste Management intends to deploy novel chemical recycling technologies to transform mixed wood waste into high-value materials, including synthetic fuels and industrial chemicals. With the integration of Renewlogy's technology into its business, Waste Management aims to maximize resource recovery and minimize landfill reliance. This program is poised to have a dramatic impact on the international wood recycling industry throughout the decade by encouraging high-end recycling technology and helping the waste management system become more sustainable.

In September 2024, SUEZ, the international leader in environmental services, diversified its wood recycling capacity through the acquisition of UK-based Wood Recyclers Ltd. This move increases SUEZ's ability to process and recycle a wide range of wood waste materials, such as construction waste and industrial by-products. The firm intends to invest in cutting-edge processing plants to boost the output of recycled wood products, such as biomass fuels and composite materials. During the next decade, this development is expected to enhance SUEZ's market position in the wood recycling sector and serve the increasing demand for sustainably sourced materials across industry sectors.

Market snapshot - 2025-2032

Global Market Size

USD 19.45 billion

Largest Segment

Construction & Demolition Wood

Fastest Growth

Wood Logs

Growth Rate

5.1% CAGR

Global Wood Recycling Market ($ Bn)
Country Share by North America (%)

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Wood Recycling Market Segments Analysis

Global Wood Recycling Market is segmented by Source, Wood Type, Application, End Use Industry and region. Based on Source, the market is segmented into Construction & Demolition, Industrial, Municipal and Others. Based on Wood Type, the market is segmented into Treated Wood and Untreated Wood. Based on Application, the market is segmented into Particleboard, Wood Pellets, Wood-plastic Composites, Mulch and Others. Based on End Use Industry, the market is segmented into Furniture, Construction, Energy Generation, Packaging and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Analysis by Material Type

As per categorization by material type, the market is classified as wood pallets, construction & demolition wood, wood logs, and wood chips. Among these, construction & demolition wood earned the largest share and continues to hold the dominant global wood recycling market share. Technological innovations in the processing of construction and demolition (C&D) wood waste are propelling its leadership in the global wood recycling industry. Sophisticated sorting, decontamination, and bio-refining technologies are enhancing its recycling for reuse in engineered wood products, biomass energy, and composite materials. Tight regulations favoring circular economy practices and the large amount of wood waste from urbanization and infrastructure activities also increase its demand. C&D wood leads the way with its widespread availability and increasing use in sustainable construction activities globally.

Wood logs are emerging as the fastest-growing material type in the global wood recycling market due to increasing demand for sustainable biomass energy, furniture manufacturing, and eco-friendly construction materials. Interest in how to achieve carbon neutrality has encouraged people to work on the adoption of 2 by 2 size woods and biochar from reused or left over logs. Further, improved processing technology allows effective utilization of wasted logs in producing added-value products. Government support of circular economy schemes and efforts to reduce deforestation add momentum to such growth. With industries switching to sustainable raw materials, the markets for recycled wood logs are bound to increase, and hence they become a critical driver of market growth.

Analysis by Recycling Process

The mechanical recycling process is dominating the global wood recycling market due to its efficiency, cost-effectiveness, and ability to retain wood’s structural integrity for reuse. The quality of recycled wood designated for the applications of panel boards, furniture, and bio-based composites has improved due to innovations such as automated sorting, precision shredding, and decontamination technologies. Minimal chemical intervention is required in the process; thus, it is environment-friendly and accepted globally across various industries. Growing regulatory backing of circular economy business models and demands for high-quality recycled wood fuel mechanical recycling, which remains a market leader as it provides a scalable and sustainable option for the management of wood waste worldwide.

The chemical recycling process is set to be the fastest-growing segment in the global wood recycling market due to its ability to break down wood waste into valuable chemicals, biofuels, and raw materials for industrial applications. Though mechanical recycling fails to tackle treated and contaminated wood, innovations in pyrolysis, hydrolysis, and gasification technologies are increasing the efficacy of their conversion processes. With rising demand for sustainable bio-based chemicals and government support for advanced recycling technologies, chemical recycling presents a scalable and sustainable solution. As industries look for high purity recycled materials, the process is likely to transform wood waste management and market development.

Global Wood Recycling Market By Material Type (%)

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Wood Recycling Market Regional Insights

North America leads the global market for wood recycling owing to stringent environmental laws, highly developed recycling facilities, and high rates of construction and demolition wood waste. Increased demand for environmentally friendly materials in furniture, biomass energy, and packaging industries also increases market growth, making North America a market leader in wood recycling.

The United States leads the North American wood recycling market, driven by government policies promoting circular economy practices and renewable energy adoption. Strong investments in advanced recycling technologies and increasing demand for bio-based products, such as wood-based composites and biofuels, are fueling the country’s growth in the global wood recycling sector.

Europe is the most rapidly developing region for the global wood recycling industry as a result of environmental regulations, the circular economy effort, and excessive use of environmentally friendly building material. Investments in new recycling processes and biomass power projects further increase growth, which makes Europe the leader in resource efficiency and waste wood management.

Germany dominates the European wood recycling market, driven by strong government regulations promoting waste reduction and renewable energy. The country’s focus on biomass power generation, extensive recycling infrastructure, and technological advancements in wood processing make it a key player in Europe’s growing demand for sustainable and high-value recycled wood products.

The Asia-Pacific region is set to emerge as a leader in the worldwide market for recycling wood because of heightened urbanization, growing building constructions, and higher environmental concern. China, Japan, and India are also pouring money into latest recycling processes for handling waste wood effectively. Encouragement from governments to follow circular economy models and the generation of biomass energy also supports the growth of the market. As industries pursue green raw materials, Asia-Pacific will experience major growth in global wood recycling market outlook in the coming years.

The Middle East and Africa are gradually expanding their presence in the global wood recycling market, driven by increasing construction projects, industrialization, and sustainability initiatives. Governments are enacting waste management policies to cut down on landfill reliance and foster circular economy behaviors. The increased use of biomass energy and sustainable building materials is driving demand for recycled wood. With infrastructure development gaining pace, the region will see consistent growth in wood recycling activities.

South America is witnessing continuous growth in the global wood recycling market due to rising deforestation issues, governmental sustainability policies, and growing biomass energy demand. Nations such as Brazil and Argentina are investing in wood waste management services for sustainable construction and industrial purposes. Growing forestry businesses and circular economy policies further increase market growth. Increasing awareness of environmental conservation makes South America's wood recycling industry likely to grow extensively in the next few years.

Global Wood Recycling Market By Geography
  • Largest
  • Fastest

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Wood Recycling Market Dynamics

Wood Recycling Market Drivers

Growing Popularity of Eco-Friendly and Sustainable Products

  • The rising demand for biomass energy is a key driver of the global wood recycling market growth. Recycled wood finds greater application as a renewable power source in generating power, offsetting the dependence on fossil fuels. Industries and governments are setting up biomass power plants to help achieve sustainability levels and carbon neutralization targets.

Increasing Government Initiatives for Outdoor Activities

  • Strict environmental regulations promoting waste reduction and circular economy practices are accelerating wood recycling worldwide. Several governments enacted policies to limit landfill disposal of wood waste and promote recycling for green purposes. Such These rules fuel technological innovation in wood processing technology, which drives market growth and acceptance in a variety of industries.

Wood Recycling Market Restraints

Contamination and Quality Issues

  • Paints, adhesives, and chemicals contaminate wood waste, decreasing its recyclability, making processing and reuse problematic. Making high-quality recycled wood involves extensive decontamination and sorting, raising the cost of operations. Such quality problems hold back the market's expansion since industries tend to use virgin wood instead of cheaper, lower-quality recycled wood.

Lack of Standardized Recycling Infrastructure

  • The absence of a well-developed and standardized recycling infrastructure in many regions limits the growth of the global wood recycling market. Irregular collection systems, ineffective processing plants, and insufficient government assistance in developing countries restrict large-scale uptake, impeding the growth of sustainable wood recycling processes globally.

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Wood Recycling Market Competitive Landscape

The world wood recycling industry is competitive, with major players investing in new recycling technologies and green solutions. Some of the major players are Veolia Environnement (France), SUEZ Recycling & Recovery (France), UPM-Kymmene Corporation (Finland), Stora Enso (Finland), Biffa Group (UK), and Casella Waste Systems (USA). These players are emphasizing the development of recycling infrastructure, bio-based materials, and circular economy practices. Strategic alliances, mergers, and technological advancements are fueling competition in this fast-changing market.

Top Player’s Company Profiles

  • Republic Services, Inc. (USA)
  • Veolia Environnement S.A. (France) 
  • Rotochopper, Inc. (USA) 
  • Schnitzer Steel Industries, Inc. (USA) 
  • Alliance Forest Products (Canada) 
  • Brewer Farms Inc. (USA) 
  • Canadian Wood Waste Recycling Business Group (Canada) 
  • Enva (Ireland) 
  • FOMEX Group (Mexico) 
  • Green-O-Tech India (India) 
  • JB Recycling Ltd. (UK) 
  • Kruger Inc. (Canada) 
  • LEDR Recycling (USA) 
  • Mid America Paper Recycling (USA) 
  • Northstar Recycling Co. Inc. (USA) 
  • Rainier Wood Recyclers (USA) 
  • Sappi Ltd. (South Africa) 
  • Spencer Wood Recycling (UK)

Recent Developments

  • In May 2023, Kruger Inc., a Canadian pioneer in sustainable solutions, grew its wood recycling business by adding cutting-edge biomass processing technologies. The move is designed to boost the generation of green energy and recycled wood products, solidifying Kruger's dedication to environmental responsibility and resource efficiency.
  • In April 2023, Sappi Limited, a wood fiber business with a global presence, revealed a tie-up with a top recycling company to enhance wood waste collection and processing. The agreement is aimed at transforming recycled wood into pulp of high quality for paper manufacturing, in line with Sappi's sustainability agenda and less dependence on virgin timber.
  • In March 2023, FOMEX Group, a global recycling company, opened a state-of-the-art facility to treat reclaimed wood and convert it into environmentally friendly construction materials. This project meets the increasing need for sustainable building materials and is a testament to FOMEX's innovative strategy for reducing waste in the wood sector.

Wood Recycling Key Market Trends

Wood Recycling Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, the global wood recycling industry is growing fast on account of environmental consciousness, tougher regulations, and technological development. Industries are moving towards eco-friendly processes with recycled wood emerging as a major input in the field of bioenergy, building, and industry. Governmental programs and cross-industry associations are also leading to market growth. With industrialization and urbanization producing additional wood waste, new recycling processes will play an important role in maximizing the recovery of resources.

Due to ongoing developments and governmental support, the wood recycling industry is set to enjoy sustained growth, bolstering its place in global efforts toward sustainability. By introducing circular economy concepts and curbing landfill reliance, the sector is creating a more sustainable, resource-efficient future. The concerted action of companies, governments, and consumers will define the next era of wood recycling development.

Report Metric Details
Market size value in 2023 USD 19.45 billion
Market size value in 2032 USD 30.43 billion
Growth Rate 5.1%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Source
    • Construction & Demolition
    • Industrial
    • Municipal
    • Others
  • Wood Type
    • Treated Wood
    • Untreated Wood
  • Application
    • Particleboard
    • Wood Pellets
    • Wood-plastic Composites
    • Mulch
    • Others
  • End Use Industry
    • Furniture
    • Construction
    • Energy Generation
    • Packaging
    • Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Republic Services, Inc. (USA)
  • Veolia Environnement S.A. (France) 
  • Rotochopper, Inc. (USA) 
  • Schnitzer Steel Industries, Inc. (USA) 
  • Alliance Forest Products (Canada) 
  • Brewer Farms Inc. (USA) 
  • Canadian Wood Waste Recycling Business Group (Canada) 
  • Enva (Ireland) 
  • FOMEX Group (Mexico) 
  • Green-O-Tech India (India) 
  • JB Recycling Ltd. (UK) 
  • Kruger Inc. (Canada) 
  • LEDR Recycling (USA) 
  • Mid America Paper Recycling (USA) 
  • Northstar Recycling Co. Inc. (USA) 
  • Rainier Wood Recyclers (USA) 
  • Sappi Ltd. (South Africa) 
  • Spencer Wood Recycling (UK)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Wood Recycling Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Wood Recycling Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Wood Recycling Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Wood Recycling Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Wood Recycling Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Wood Recycling Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

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FAQs

Global Wood Recycling Market size was valued at USD 490.01 Billion in 2023 poised to grow from USD 520.44 Billion in 2024 to USD 842.74 Billion by 2032, growing at a CAGR of 6.21% in the forecast period (2025-2032).

The world wood recycling industry is competitive, with major players investing in new recycling technologies and green solutions. Some of the major players are Veolia Environnement (France), SUEZ Recycling & Recovery (France), UPM-Kymmene Corporation (Finland), Stora Enso (Finland), Biffa Group (UK), and Casella Waste Systems (USA). These players are emphasizing the development of recycling infrastructure, bio-based materials, and circular economy practices. Strategic alliances, mergers, and technological advancements are fueling competition in this fast-changing market. 'Veolia Environnement (France)', 'SUEZ Recycling & Recovery (France)', 'UPM-Kymmene Corporation (Finland)', 'Stora Enso (Finland)', 'Biffa Group (United Kingdom)', 'Casella Waste Systems (USA)', 'Cleanaway Waste Management (Australia)', 'Renewi PLC (United Kingdom)', 'WestRock Company (USA)', 'Sonoco Products Company (USA)', 'Smurfit Kappa Group (Ireland)', 'DS Smith PLC (United Kingdom)', 'Mondi Group (United Kingdom)', 'Tomra Systems ASA (Norway)', 'Covanta Holding Corporation (USA)'

The rising demand for biomass energy is a key driver of the global wood recycling market growth. Recycled wood finds greater application as a renewable power source in generating power, offsetting the dependence on fossil fuels. Industries and governments are setting up biomass power plants to help achieve sustainability levels and carbon neutralization targets.

Growing Demand for Sustainable Construction Materials: The rising emphasis on sustainability in the building industry is fueling demand for recycled wood products. Developers and constructors are using reclaimed wood for furniture, flooring, and structural usage to minimize ecological footprint. Building green certifications such as LEED and government incentive for green buildings are also gaining pace. Apart from this, growing demand for biodegradable materials over the plastic-based form in furniture as well as in interior design is driving the rate of recycled wood use worldwide.

North America leads the global market for wood recycling owing to stringent environmental laws, highly developed recycling facilities, and high rates of construction and demolition wood waste. Increased demand for environmentally friendly materials in furniture, biomass energy, and packaging industries also increases market growth, making North America a market leader in wood recycling.

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Global Wood Recycling Market
Wood Recycling Market

Report ID: SQMIG15P2023

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