| Product Code: ETC354270 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Vietnam mass timber market has been gaining significant traction in recent years due to its sustainable and eco-friendly nature. Mass timber products, such as cross-laminated timber (CLT) and glue-laminated timber (Glulam), are being used in construction projects across the country. With an increasing focus on green building practices and environmental sustainability, the demand for mass timber in Vietnam is on the rise. This market is expected to continue growing as more developers and builders recognize the benefits of using mass timber, including its strength, durability, and reduced carbon footprint.
The mass timber market in Vietnam is on the rise due to several key drivers. Sustainable building practices have gained traction in the country, and mass timber, being an environmentally friendly construction material, aligns with this trend. The government`s focus on reducing carbon emissions and promoting green building practices has further boosted the mass timber market. Additionally, the speed and efficiency of construction using mass timber products make it an attractive choice for developers looking to reduce construction timelines. Moreover, mass timber`s aesthetic appeal and ability to create warm and inviting spaces contribute to its growing popularity in both residential and commercial construction projects.
The Vietnam mass timber market faces several challenges, including limited awareness and understanding of mass timber construction methods among builders and architects. This lack of knowledge hinders its adoption despite its environmental benefits. Additionally, sourcing high-quality timber can be challenging, leading to supply chain disruptions. The regulatory environment also poses challenges as building codes and standards for mass timber construction are still evolving, which can create uncertainty for investors and developers.
The mass timber market in Vietnam, a sustainable building material, faced disruptions in construction projects during the pandemic. Delays in construction and reduced investment in new projects impacted the demand for mass timber. However, the industry continued to promote its eco-friendly characteristics and looked to government incentives for support in sustainable construction practices.
The Vietnam mass timber market is relatively nascent, but emerging players like Hoa Binh Group and Vinafor are gaining traction. These companies are exploring the potential of mass timber construction and sustainable building practices in Vietnam.
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 Vietnam Mass Timber Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Mass Timber Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Mass Timber Market - Industry Life Cycle |
3.4 Vietnam Mass Timber Market - Porter's Five Forces |
3.5 Vietnam Mass Timber Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Mass Timber Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Mass Timber Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of sustainable construction practices in Vietnam |
4.2.2 Government initiatives promoting the use of mass timber in construction projects |
4.2.3 Growing demand for eco-friendly and energy-efficient building materials in the construction industry |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor and expertise in mass timber construction techniques |
4.3.2 High initial costs associated with setting up mass timber manufacturing facilities |
4.3.3 Lack of standardized regulations and building codes for mass timber construction in Vietnam |
5 Vietnam Mass Timber Market Trends |
6 Vietnam Mass Timber Market, By Types |
6.1 Vietnam Mass Timber Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Mass Timber Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Vietnam Mass Timber Market Revenues & Volume, By Adhesive Bonded, 2021-2031F |
6.1.4 Vietnam Mass Timber Market Revenues & Volume, By Mechanically Fastened, 2021-2031F |
6.2 Vietnam Mass Timber Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Mass Timber Market Revenues & Volume, By Residential buildings, 2021-2031F |
6.2.3 Vietnam Mass Timber Market Revenues & Volume, By Educational Institutes, 2021-2031F |
6.2.4 Vietnam Mass Timber Market Revenues & Volume, By Government/Public Buildings, 2021-2031F |
6.2.5 Vietnam Mass Timber Market Revenues & Volume, By Industrial & Commercial Spaces, 2021-2031F |
7 Vietnam Mass Timber Market Import-Export Trade Statistics |
7.1 Vietnam Mass Timber Market Export to Major Countries |
7.2 Vietnam Mass Timber Market Imports from Major Countries |
8 Vietnam Mass Timber Market Key Performance Indicators |
8.1 Percentage of construction projects using mass timber in Vietnam |
8.2 Growth rate of mass timber production capacity in the country |
8.3 Number of partnerships and collaborations between government agencies, industry players, and educational institutions to promote mass timber adoption. |
9 Vietnam Mass Timber Market - Opportunity Assessment |
9.1 Vietnam Mass Timber Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Mass Timber Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Mass Timber Market - Competitive Landscape |
10.1 Vietnam Mass Timber Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Mass Timber Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |