Product Code: ETC034965 | 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 Thailand Sawmill Market is poised for steady growth rate improvements from 2025 to 2029. From 2.17% in 2025, the growth rate steadily ascends to 9.93% in 2029.
The Sawmill market in Thailand is projected to grow at a stable growth rate of 3.74% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
The Thailand sawmill market is expected to reach USD 2.5 billion by 2031, according to a new report by 6Wresearch. This growth can be attributed to the rising demand for wood products such as furniture, doors & windows, construction materials and other related items in the country. Moreover, favourable government policies coupled with technological advancements are anticipated to further fuel the market growth during the forecast period from 2025-2031.
The increasing preference of Thailand consumers towards sustainable wooden products has been driving up demand for sawmills in the country significantly over recent years. Furthermore, emerging trends such as customization of wood furniture is encouraging people across different income groups to buy it which is thereby augmenting market revenue substantially. Favourable government initiatives have enabled manufacturers of sawmill equipment`s access easy credit facilities along with tax exemption on imported raw materials used while manufacturing these machineries. These incentives have provided an impetus to companies` investments into production activities which ultimately benefits them financially thus fostering industry expansion further.
Investments into establishing a sawmill business involve significant capital outlay due to high cost associated with purchasing necessary machinery and technology required for manufacturing various types of timber products efficiently.This factor might restrain potential players from entering this sector hence limiting overall market progress.. Another major concern remains frequent rise in energy costs which adds more burden onto producers??? financials restricting their ability grow operations quickly or even sustain current ones adversely impacting profits margins negatively.
The COVID-19 pandemic has had an adverse effect on Thailand economic conditions owing mainly due lack of sufficient funds available within national budget allocated towards relief measures coupled with restrictions imposed due mass lockdowns across different parts country including Bangkok metropolitan region leading crippling businesses near standstill situation temporarily.As result,thereby making it difficult most small scale enterprises engaged producing timber based goods survive long run without any aid coming from higher authorities time being.Nevertheless, gradual return normalcy levels combined supportive regulations announced Financial Institutions allowing deferment repayment loans taken help those affected pandemic should assist industry revive itself back pre ??? crisis state eventually after short span duration effectively restoring its original dynamics once again soon possible future timeframe.
Some prominent players operating within Thailand saw mill industry include IKEA Group, SCG.
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 Thailand Sawmill Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Sawmill Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Sawmill Market - Industry Life Cycle |
3.4 Thailand Sawmill Market - Porter's Five Forces |
3.5 Thailand Sawmill Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Sawmill Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Sawmill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Sawmill Market Trends |
6 Thailand Sawmill Market, By Types |
6.1 Thailand Sawmill Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Sawmill Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Sawmill Market Revenues & Volume, By Softwood Lumber, 2021-2031F |
6.1.4 Thailand Sawmill Market Revenues & Volume, By Hardwood Lumber, 2021-2031F |
6.2 Thailand Sawmill Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Sawmill Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Thailand Sawmill Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Thailand Sawmill Market Revenues & Volume, By Packaging and Joinery Industries, 2021-2031F |
6.2.5 Thailand Sawmill Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Sawmill Market Import-Export Trade Statistics |
7.1 Thailand Sawmill Market Export to Major Countries |
7.2 Thailand Sawmill Market Imports from Major Countries |
8 Thailand Sawmill Market Key Performance Indicators |
9 Thailand Sawmill Market - Opportunity Assessment |
9.1 Thailand Sawmill Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Sawmill Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Sawmill Market - Competitive Landscape |
10.1 Thailand Sawmill Market Revenue Share, By Companies, 2024 |
10.2 Thailand Sawmill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |