Thailand Wood Chips Market (2025-2031) Outlook | Companies, Value, Industry, Share, Size, Analysis, Revenue, Growth, Trends & Forecast

Market Forecast By Product Type (Softwood, Hardwood, Manual), By Variety Type (Forest Chips, Recycled Chips, Wood Residue Chips, Sawing Residue Chips), By Raw Material (Pulp Wood, Residue Wood), By Application (Combined Heat and Power, Household Furnishing, Residential Heating, Playground Surfacing, Barbecue, Mulch, Bio Reactors, Fuel) And Competitive Landscape
Product Code: ETC084584 Publication Date: Jun 2021 Updated Date: Feb 2025 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Thailand Wood Chips Market Competition 2023

Thailand Wood Chips market currently, in 2023, has witnessed an HHI of 1853, Which has decreased slightly as compared to the HHI of 2746 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.

 Thailand Wood Chips Market Competition 2023

Thailand Wood Chips Market Synopsis

The wood chips market in Thailand was estimated to be worth THB 8.5 billion (USD 260 million) in 2025, growing at a CAGR of 5.8%. The timber and sawmilling industry are major contributors to the demand for wood chips, as these sectors produce large amounts of waste that can be converted into fuel or used for other purposes such as energy production, animal bedding, and paper manufacturing. Other drivers include increasing awareness about environmental protection due to rising air pollution levels from burning coal or fossil fuels and growth in industrialization which has resulted in higher electricity demand from factories.

Drivers of the Market

In the Thailand wood chips market,the thriving furniture and woodworking industries are major drivers. The country`s skilled craftsmanship and abundant supply of wood resources contribute to the production of high-quality wood chips used in various applications, including furniture manufacturing and biomass energy generation. Export opportunities also play a role in stimulating the market`s growth.

Challenges of the Market

The wood chips market in Thailand encounters challenges associated with sustainable sourcing and environmental regulations. As the demand for wood chips for various applications, including biomass energy, pulp, and paper production, rises, ensuring responsible forestry practices and adhering to environmental standards becomes crucial.

COVID-19 Impact on the Market

In the wood chips market of Thailand, the demand has remained relatively stable due to its versatile applications in industries like construction, agriculture, and pulp and paper. However, the Covid-19 pandemic led to disruptions in supply chains and reduced demand from some sectors. The market is now showing signs of recovery as economic activities resume and industries regain momentum.

Key Players in the Market

Companies such as Siam Forestry Group and Thai Biomass are playing a pivotal role in supplying quality wood chips to meet these demands, fostering the expansion of the market.

Key Highlights of the Report:

  • Thailand Wood Chips Market Outlook
  • Market Size of Thailand Wood Chips Market, 2024
  • Forecast of Thailand Wood Chips Market, 2031
  • Historical Data and Forecast of Thailand Wood Chips Revenues & Volume for the Period 2021-2031
  • Thailand Wood Chips Market Trend Evolution
  • Thailand Wood Chips Market Drivers and Challenges
  • Thailand Wood Chips Price Trends
  • Thailand Wood Chips Porter's Five Forces
  • Thailand Wood Chips Industry Life Cycle
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Softwood for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Hardwood for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Manual for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Variety Type for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Forest Chips for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Recycled Chips for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Wood Residue Chips for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Sawing Residue Chips for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Raw Material for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Pulp Wood for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Residue Wood for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Combined Heat and Power for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Household Furnishing for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Residential Heating for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Playground Surfacing for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Barbecue for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Mulch for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Bio Reactors for the Period 2021-2031
  • Historical Data and Forecast of Thailand Wood Chips Market Revenues & Volume By Fuel for the Period 2021-2031
  • Thailand Wood Chips Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Variety Type
  • Market Opportunity Assessment By Raw Material
  • Market Opportunity Assessment By Application
  • Thailand Wood Chips Top Companies Market Share
  • Thailand Wood Chips Competitive Benchmarking By Technical and Operational Parameters
  • Thailand Wood Chips Company Profiles
  • Thailand Wood Chips Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Wood Chips Market Overview

3.1 Thailand Country Macro Economic Indicators

3.2 Thailand Wood Chips Market Revenues & Volume, 2021 & 2031F

3.3 Thailand Wood Chips Market - Industry Life Cycle

3.4 Thailand Wood Chips Market - Porter's Five Forces

3.5 Thailand Wood Chips Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Thailand Wood Chips Market Revenues & Volume Share, By Variety Type, 2021 & 2031F

3.7 Thailand Wood Chips Market Revenues & Volume Share, By Raw Material, 2021 & 2031F

3.8 Thailand Wood Chips Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Thailand Wood Chips Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Thailand Wood Chips Market Trends

6 Thailand Wood Chips Market, By Types

6.1 Thailand Wood Chips Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Thailand Wood Chips Market Revenues & Volume, By Product Type, 2018 - 2031F

6.1.3 Thailand Wood Chips Market Revenues & Volume, By Softwood, 2018 - 2031F

6.1.4 Thailand Wood Chips Market Revenues & Volume, By Hardwood, 2018 - 2031F

6.1.5 Thailand Wood Chips Market Revenues & Volume, By Manual, 2018 - 2031F

6.2 Thailand Wood Chips Market, By Variety Type

6.2.1 Overview and Analysis

6.2.2 Thailand Wood Chips Market Revenues & Volume, By Forest Chips, 2018 - 2031F

6.2.3 Thailand Wood Chips Market Revenues & Volume, By Recycled Chips, 2018 - 2031F

6.2.4 Thailand Wood Chips Market Revenues & Volume, By Wood Residue Chips, 2018 - 2031F

6.2.5 Thailand Wood Chips Market Revenues & Volume, By Sawing Residue Chips, 2018 - 2031F

6.3 Thailand Wood Chips Market, By Raw Material

6.3.1 Overview and Analysis

6.3.2 Thailand Wood Chips Market Revenues & Volume, By Pulp Wood, 2018 - 2031F

6.3.3 Thailand Wood Chips Market Revenues & Volume, By Residue Wood, 2018 - 2031F

6.4 Thailand Wood Chips Market, By Application

6.4.1 Overview and Analysis

6.4.2 Thailand Wood Chips Market Revenues & Volume, By Combined Heat and Power, 2018 - 2031F

6.4.3 Thailand Wood Chips Market Revenues & Volume, By Household Furnishing, 2018 - 2031F

6.4.4 Thailand Wood Chips Market Revenues & Volume, By Residential Heating, 2018 - 2031F

6.4.5 Thailand Wood Chips Market Revenues & Volume, By Playground Surfacing, 2018 - 2031F

6.4.6 Thailand Wood Chips Market Revenues & Volume, By Barbecue, 2018 - 2031F

6.4.7 Thailand Wood Chips Market Revenues & Volume, By Mulch, 2018 - 2031F

6.4.8 Thailand Wood Chips Market Revenues & Volume, By Fuel, 2018 - 2031F

6.4.9 Thailand Wood Chips Market Revenues & Volume, By Fuel, 2018 - 2031F

7 Thailand Wood Chips Market Import-Export Trade Statistics

7.1 Thailand Wood Chips Market Export to Major Countries

7.2 Thailand Wood Chips Market Imports from Major Countries

8 Thailand Wood Chips Market Key Performance Indicators

9 Thailand Wood Chips Market - Opportunity Assessment

9.1 Thailand Wood Chips Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Thailand Wood Chips Market Opportunity Assessment, By Variety Type, 2021 & 2031F

9.3 Thailand Wood Chips Market Opportunity Assessment, By Raw Material, 2021 & 2031F

9.4 Thailand Wood Chips Market Opportunity Assessment, By Application, 2021 & 2031F

10 Thailand Wood Chips Market - Competitive Landscape

10.1 Thailand Wood Chips Market Revenue Share, By Companies, 2024

10.2 Thailand Wood Chips Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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