Product Code: ETC084598 | Publication Date: Jun 2021 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Wood Chips market currently, in 2023, has witnessed an HHI of 2134, Which has decreased slightly as compared to the HHI of 10000 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia wood chips market is expected to experience a CAGR of x% during the forecast period, reaching a value of SAR xx billion.The increasing demand for wood fuel in industrial and commercial applications has been driving growth in the Saudi Arabia wood chips market.Further, the residential sector accounted for the largest share (more than 55%) of total consumption due to rising disposable incomes and high investments in renovation activities across urban areas.Furthermore, government initiatives encouraging investment in renewable energy sources such as biomass have also supported growth prospects for this market over recent years.For instance, the Kingdom?s Vision 2031 program targets an increase in installed capacity from renewable energy sources to 15 GW by 2031 with a focus on solar power and wind power generation technologies; however, it does not rule out possible investments into other forms such as biomass or waste-to-energy plants which could help drive further demand for wood chips over future years.
The Saudi Arabia wood chips market is poised for growth due to several key drivers.The construction industry`s expansion, driven by infrastructure projects and urban development, is increasing the demand for wood chips as a raw material for various applications, including particleboard and wood-based panels.Additionally, the growing focus on renewable energy sources has led to increased interest in using wood chips for biomass energy production.As a result of environmental concerns, the substitution of traditional fuel sources with biomass fuels like wood chips is expected to drive market growth.Furthermore, the rise in furniture and interior design trends that incorporate wood-based products is also anticipated to contribute to the market`s expansion.
The Saudi Arabia wood chips market encounters challenges related to sustainability and environmental concerns.Wood chips are widely used in industries such as energy generation and pulp production.However, ensuring a sustainable supply of wood while preserving ecosystems and combating deforestation remains a critical challenge.Striking a balance between industry demand and responsible forestry practices is essential to maintain a healthy wood chips market while safeguarding the environment.
The COVID-19 pandemic had varying effects on the Saudi Arabia wood chips market.Demand from industries like pulp and paper initially remained stable due to the essential nature of these products.However, disruptions in supply chains and logistics impacted availability, affecting industries that rely on wood chips.Reduced economic activities led to a decline in certain sectors, while the emphasis on e-commerce packaging increased demand for paper-based products.As economic activities rebounded, the market witnessed a gradual recovery, especially in segments related to packaging.
Key players in the Saudi Arabia wood chips market include Saudi Paper Group and Saudi Arabia Packaging Products Company (SAPPCO).These companies are significant contributors to the paper and packaging industries, utilizing wood chips as raw materials.With a focus on sustainable sourcing and manufacturing, these key players are positioned to shape the market by providing quality wood chips for various applications.
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 Wood Chips Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Wood Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Wood Chips Market - Industry Life Cycle |
3.4 Saudi Arabia Wood Chips Market - Porter's Five Forces |
3.5 Saudi Arabia Wood Chips Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Wood Chips Market Revenues & Volume Share, By Variety Type, 2021 & 2031F |
3.7 Saudi Arabia Wood Chips Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Saudi Arabia Wood Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Wood Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities and infrastructure development in Saudi Arabia |
4.2.2 Growing demand for wood chips as a sustainable fuel source |
4.2.3 Rise in the use of wood chips in landscaping and gardening applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental concerns and regulations related to deforestation and wood sourcing |
4.3.3 Competition from alternative fuel sources such as coal or natural gas |
5 Saudi Arabia Wood Chips Market Trends |
6 Saudi Arabia Wood Chips Market, By Types |
6.1 Saudi Arabia Wood Chips Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Wood Chips Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Wood Chips Market Revenues & Volume, By Softwood, 2021-2031F |
6.1.4 Saudi Arabia Wood Chips Market Revenues & Volume, By Hardwood, 2021-2031F |
6.1.5 Saudi Arabia Wood Chips Market Revenues & Volume, By Manual, 2021-2031F |
6.2 Saudi Arabia Wood Chips Market, By Variety Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Wood Chips Market Revenues & Volume, By Forest Chips, 2021-2031F |
6.2.3 Saudi Arabia Wood Chips Market Revenues & Volume, By Recycled Chips, 2021-2031F |
6.2.4 Saudi Arabia Wood Chips Market Revenues & Volume, By Wood Residue Chips, 2021-2031F |
6.2.5 Saudi Arabia Wood Chips Market Revenues & Volume, By Sawing Residue Chips, 2021-2031F |
6.3 Saudi Arabia Wood Chips Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Wood Chips Market Revenues & Volume, By Pulp Wood, 2021-2031F |
6.3.3 Saudi Arabia Wood Chips Market Revenues & Volume, By Residue Wood, 2021-2031F |
6.4 Saudi Arabia Wood Chips Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Wood Chips Market Revenues & Volume, By Combined Heat and Power, 2021-2031F |
6.4.3 Saudi Arabia Wood Chips Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.4.4 Saudi Arabia Wood Chips Market Revenues & Volume, By Residential Heating, 2021-2031F |
6.4.5 Saudi Arabia Wood Chips Market Revenues & Volume, By Playground Surfacing, 2021-2031F |
6.4.6 Saudi Arabia Wood Chips Market Revenues & Volume, By Barbecue, 2021-2031F |
6.4.7 Saudi Arabia Wood Chips Market Revenues & Volume, By Mulch, 2021-2031F |
6.4.8 Saudi Arabia Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
6.4.9 Saudi Arabia Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
7 Saudi Arabia Wood Chips Market Import-Export Trade Statistics |
7.1 Saudi Arabia Wood Chips Market Export to Major Countries |
7.2 Saudi Arabia Wood Chips Market Imports from Major Countries |
8 Saudi Arabia Wood Chips Market Key Performance Indicators |
8.1 Average selling price of wood chips in the Saudi Arabian market |
8.2 Volume of wood chip imports or exports in Saudi Arabia |
8.3 Percentage of energy generated from wood chips compared to total energy consumption in the country |
9 Saudi Arabia Wood Chips Market - Opportunity Assessment |
9.1 Saudi Arabia Wood Chips Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Wood Chips Market Opportunity Assessment, By Variety Type, 2021 & 2031F |
9.3 Saudi Arabia Wood Chips Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Saudi Arabia Wood Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Wood Chips Market - Competitive Landscape |
10.1 Saudi Arabia Wood Chips Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Wood Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |