Product Code: ETC036779 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Lumber Market is poised for steady growth rate improvements from 2025 to 2029. From 4.01% in 2025, the growth rate steadily ascends to 10.00% in 2029.
The Saudi Arabia lumber market is expected to witness a healthy growth over the forecast period of 2025-2031. The increasing demand for wood and timber products, mainly driven by the construction sector in the country, has been driving this market??s growth. Moreover, rising environmental concerns about deforestation have pushed consumers towards eco-friendly building materials such as lumber and plywood, thus further propelling its demand in Saudi Arabia.
Rising Demand from Construction Industry in the country owing to rapid industrialization and urbanization along with growing population, there has been an immense rise in construction activities across the country which is acting as one of the major drivers for growth of Saudi Arabia lumber market during 2025-2031. Due to environmental concerns related to deforestation caused by over usage of traditional building material like bricks & concrete blocks etc., sustainable building materials are gaining popularity among builders & architects alike thereby augmenting demand for wooden based products such as lumbers & plywoods in Saudi Arabia during coming years.
One of biggest challenge associated with this industry is high cost involved with production processes owing which prices charged by manufacturers remain on higher side hence restraining adoption rates among end users especially small scale contractors/builders who constitute majority portion of buyers. Apart from that counterfeit product including low quality smuggled lumbers are also available at significantly lower rate than original counterparts however these product may lack durability or strength required for particular application leading buyers towards losses thus hampering long term prospects for legitimate players operating within region.
The Covid-19 pandemic has had an adverse impact on business activities across Saudi Arabia, resulting in a decline in demand for lumber and other wood products. The outbreak also disrupted global supply chains and decreased availability of raw materials used in production processes, leading to product shortages in some cases. However, due to its essential nature for most construction projects, it is anticipated that demand will recover once normalcy returns after the pandemic subsides.
Major players operating in the Saudi Arabia lumber market include Middle East & North Africa Wood Industries (MENAWI), Al Kout Industrial Projects Company (KIPCO), International Timber Group (ITG) Ltd., Saudifor GmbH & Co KG., among others. These companies offer various types of timber products such as pine timber boards and planks; hardwood such as oak and mahogany; softwoods like cedar and spruce; plywood with different thicknesses; laminates with various textures; flooring materials like parquet or engineered wooden floors made from teak or walnut woods; melamine panels made from composite material consisting particles pressed together under heat and pressure into sheets or panels; veneers used as decorative coverings on furniture pieces or walls etc.; MDFs which are denser than particleboard versions but lighter than solid wood etc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Lumber Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Lumber Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Lumber Market - Industry Life Cycle |
3.4 Saudi Arabia Lumber Market - Porter's Five Forces |
3.5 Saudi Arabia Lumber Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Saudi Arabia Lumber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Lumber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Lumber Market Trends |
6 Saudi Arabia Lumber Market, By Types |
6.1 Saudi Arabia Lumber Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Lumber Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Saudi Arabia Lumber Market Revenues & Volume, By Hardwood Lumber, 2021-2031F |
6.1.4 Saudi Arabia Lumber Market Revenues & Volume, By Softwood Lumber, 2021-2031F |
6.2 Saudi Arabia Lumber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Lumber Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Saudi Arabia Lumber Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Saudi Arabia Lumber Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Saudi Arabia Lumber Market Revenues & Volume, By Moldings, 2021-2031F |
6.2.6 Saudi Arabia Lumber Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Lumber Market Import-Export Trade Statistics |
7.1 Saudi Arabia Lumber Market Export to Major Countries |
7.2 Saudi Arabia Lumber Market Imports from Major Countries |
8 Saudi Arabia Lumber Market Key Performance Indicators |
9 Saudi Arabia Lumber Market - Opportunity Assessment |
9.1 Saudi Arabia Lumber Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Saudi Arabia Lumber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Lumber Market - Competitive Landscape |
10.1 Saudi Arabia Lumber Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Lumber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |