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![Canada's secondary wood products market expected to hit $34.1 billion by 2028](https://timber-exchange-live.s3.eu-west-3.amazonaws.com/te_prod/uploaded-by-timber-admin/news/news_6532205a11fae_5377.jpg)
Canada's secondary wood products market expected to hit $34.1 billion by 2028
Posted on October 20, 2023 |
The Canadian secondary wood products market is poised for steady growth, with an expected annual growth rate of 1.7% from 2023 to 2028.
This growth trajectory is forecasted to elevate the market's worth from $30.3 billion in 2022 to $34.1 billion by 2028.
Secondary wood products encompass various items like kitchen cabinets, countertops, engineered wood products, wooden pallets, and secondary paper products.
Canada's secondary wood products sector is looking forward to a positive phase of expansion, driven by increasing demand and market development.