Wood - GCC
GCCHighlights
Market definition
In-Scope/Out-of-scope
Market structure
Reports
Methodology
- Value added in the Wood market is projected to amount to US$1.85bn in 2025.
A compound annual growth rate of 2.37% is expected (CAGR 2025–2029). - The value added per capita in the Wood market is projected to amount to US$33.48 in 2025.
- The value added margin in the Wood market is projected to amount to 99% in 2025.
- Output in the Wood market is projected to amount to US$1.86bn in 2025.
A compound annual growth rate of 2.10% is expected (CAGR 2025–2029). - The output per enterprise in the Wood market is projected to amount to US$894.15k in 2025.
- The manufacturing intensity in the Wood market is projected to amount to 0.09% in 2025.
- The number of enterprises in the Wood market is projected to amount to 2k in 2025.
A compound annual growth rate of 3.49% is expected (CAGR 2025–2029). - The enterprise density in the Wood market is projected to amount to 38 in 2025.
- The number of employees in the Wood market is projected to amount to 29k in 2025.
A compound annual growth rate of 2.47% is expected (CAGR 2025–2029). - The employment rate in the Wood market is projected to amount to 0.05% in 2025.
- The labor efficiency in the Wood market is projected to amount to US$63.53k in 2025.
- The labor productivity in the Wood market is projected to amount to US$63.14k in 2025.
- Key regions:
- Germany,
- United Kingdom,
- South Korea,
- Austria,
- Japan
Definition:
The Wood market refers to the production of wood and wood-based products, as well as products made from raw materials, such as logs, wood chips, and cork bark.
Additional information:
The market comprises value added, output, number of enterprises, number of employees, and the respective growth rates. Output refers to the total value of all goods produced, whereas value added is the sum of the intermediate stages of production or, in other words, the wealth created by industry activity. The market only displays B2B production.
In-Scope
- Sawmilling and planing of wood
- Manufacture of veneer sheets and wood-based panels
- Manufacture of builders’ carpentry and joinery
- Manufacture of wooden containers
- Manufacture of articles of cork, straw and plaiting materials
- Other categories listed within ISIC Division 16 as "included"
Out-Of-Scope
- Manufacture of furniture
- Installation of wooden fittings
- Wooden luggage, footwear, matches
- Wooden spools and bobbins that are part of textile machinery
- Wooden toys, brushes and brooms, caskets
- Other categories listed within ISIC Division 16 as "excluded"
