How big is the Cross Laminated Timber Market | Value, Trends & Forecast 2025

Q: What is the market size of the cross laminated timber market?

The cross laminated timber market is projected to grow from USD 1.48 billion to USD 3.85 billion.

Q: What is the expected CAGR of the cross laminated timber market during forecast period?

The market is expected to grow at a CAGR of 12.8% during the forecast period.

Q: What are the key drivers of the cross laminated timber market?

The cross laminated timber market includes key drivers such as rising demand for sustainable construction materials, government support, and technological advancements.

Q: What are the current trends in the cross laminated timber market?

Current trends in cross laminated timber market include the adoption of hybrid building systems, growth in prefabrication, and increasing use of CLT in tall wood buildings.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA5489

Publication Date: Jul 2025

What is the Cross Laminated Timber Market Size?

According to 6Wresearch internal database and industry insights, the Global Cross Laminated Timber market was valued at USD 1.48 billion in 2024 and is anticipated to exceed USD 3.85 billion by 2031, registering a steady at a CAGR of 12.8% during the forecast period.

This market is experiencing robust growth driven by rising need for building materials, increasing cognizance of green construction practices, and favourable government initiatives supporting mass timber usage. The market is also fuelled by advancements in construction technology, which have made CLT easier to produce, transport, and assemble for both residential and commercial projects.

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Growth Factors of the Cross Laminated Timber Market

There has been rising demand for eco-friendly construction materials
There is an augmented adoption in multi-story buildings
Government incentives for sustainable infrastructure
Faster construction timelines with CLT
There is a rise in high-tech innovation in timber engineering technologies
Increasing popularity in seismic and fire-resistant construction
Growing interest in modular and prefabricated construction
There is a reduction in carbon emissions compared to traditional materials

Cross Laminated Timber Market Trends

The cross laminated timber market is estimated to witness a move towards taller wooden structures and hybrid building systems that combine CLT with concrete and steel for improved performance. Additionally, the trend of prefabricated building mechanisms is accelerated due to its efficiency and reduced labour costs. Architectural invention using CLT for both aesthetics and structural benefits is also becoming more prominent globally.

Emerging Developments in the Cross Laminated Timber Market

The cross laminated timber market is evolving with innovations such as digitized design tools and BIM integration, which are optimizing building workflows. Manufacturers are exploring new adhesives and bonding technologies to enhance structural performance. There's also an increasing focus on domestic sourcing of raw timber to reduce transportation-related emissions and costs, further boosting the market's sustainability appeal.