Pune 24 April 2023: As per the report, the Firewood Market to grow from USD 925.5 Mn in 2022 to USD 1355.3 Mn by 2029 at a CAGR of 5.7 percent over the forecast period. The Market report is published by Maximize Market Research and is available in the market.
Firewood Market Report Scope and Research Methodology
The report provides the Firewood market share and rival sector, as well as an analysis of the major vendors and leading regions. The Firewood report provides a thorough analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. The report offers the Firewood market’s present size, growth rates, and company profiles of the top players and producers. The bottom-up approach was used to estimate the Firewood market size. The Firewood market revenue is determined by the primary and secondary data collection methods.
The report covers the analysis of applications, economic factors, and geographic divisions in addition to a complete investigation of important market characteristics. A thorough analysis of the regional environment is included, along with information on the potential, important growth indicators, geographical challenges, and threats facing the Firewood market. The segment-wise analysis is divided into Distribution Channel, Wood Type and End User. The following details are provided: a description of the company, its primary operations, total earnings and sales, revenue generated in the Firewood market, the entry date into the Firewood market, recent developments, and other details.
Firewood Market Dynamics
With increasing awareness of climate change and rising environmental issues, people are looking for eco-friendly alternatives to traditional sources of heating such as oil and gas. As a result, the increasing demand for sustainable and renewable energy sources drives the growth of the Firewood Market.
The growing commercialization across the various sectors and rise in production volumes and increase in the growth of the camping and hospitality industry are the influencing factors for the market growth.
The key companies are moving forward to close the supply-demand gap is expected to be a lucrative opportunity for the growth of the market, over the forecast period. The market growth is restrained by logistical challenges and alternative goods such as heating and electric firewood logs.
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Firewood Market Regional Insights
In 2022, North America is the dominant region in the firewood market, with a market share of 45 percent. The regional market is driven by the increasing use of firewood in the residential and commercial sectors, the growing use of firewood in camping and outdoor recreation for the purpose of heating and cooking and the presence of key companies such as Tractor Supply Company, Home Depot, and Lowe’s.
Over the forecast period, Europe and Asia Pacific are expected to have significant growth in the Firewood Market. The increasing use of wood in biomass energy production and the increasing popularity of firewood in the construction sector are the influencing factors for Europe’s market growth while increasing use in food services, and the growing use of firewood for heating in rural areas are the growth contributor for the Asia Pacific’s market growth respectively.
Firewood Market Segmentation
By Distribution Channel
- Hypermarkets and Supermarkets
- Specialty Stores
- E-Commerce
- Business to Business
By Wood Type
- Log wood
- Wood chips
- Pellets
- Forestry residues
By End User
- Residential
- Commercial
- Subsegment
- Food Services
- Power Production
- Others
Firewood Market Key Players include:
- American Wood Fibers
- Potomac Supply Corporation
- F P Supply
- Chippewa Valley Energy
- Nature’s Flame
- Hennepin Farm & Tree
- White Horse Energy
- Sierra Pacific Industries
- Stora Enso
- UPM-Kymmene
- Sinar Mas Forestry
- Jinshan Biomass Energy
- Ghana Forestry Commission
- Kenya Forestry Research Institute
- JBS Timberland
- Braspine
- Iggesund Paperboard
- Weyerhaeuse
Table of for Global Firewood Market:
- Global Firewood Market: Research Methodology
- Global Firewood Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Firewood Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Firewood Market Segmentation
- Global Market, by Distribution Channel (2022-2029)
- Global Market, by Wood Type (2022-2029)
- Global Market, by End User (2022-2029)
- Regional Global Firewood Market(2022-2029)
- Regional Market, by Distribution Channel (2022-2029)
- Regional Market, by Wood Type (2022-2029)
- Regional Market, by End User (2022-2029)
- Regional Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the Distribution Channel, Wood Type, End User and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
Key questions answered in the Firewood Market are:
- What is Firewood?
- What was the Firewood market size in 2022?
- What is the expected Firewood market size by 2029?
- What is the growth rate of the Firewood Market?
- Which are the factors expected to drive the Firewood market growth?
- What are the different segments of the Firewood Market?
- What are the factors restraining the growth of the Firewood Market?
- What is the demand pattern of the Firewood Market?
- What are the major challenges that the Firewood Market could face in the future?
- What segments are covered in the Firewood Market?
- What are the upcoming industry applications and trends for the Firewood Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Firewood Market?
Maximize Market Research Consumer Goods & Services research firm, has also published the following reports:
Wood Chips Market: The market size is expected to reach USD 14.67 Bn by 2029 at a CAGR of 10.1 percent during the forecast period. The market is driven by the depletion of traditional energy sources, increased usage of the product for domestic heating solutions and increasing demand for generating thermal energy from renewable and green feedstock products.
Wooden Boxes Market: The market size is expected to reach USD 15.40 Bn by 2029 at a CAGR of 7.1 percent during the forecast period. The market is driven by increasing demand for environmentally friendly products, rapid urbanization, penetration of organized retail and growth in the FMCG, pharmaceutical and processed food industries.
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