Product Code: ETC084589 | 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 | |
Vietnam Wood Chips market currently, in 2023, has witnessed an HHI of 2015, 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 Vietnam Wood Chips market is witnessing notable growth, driven by increasing demand from various industries. Wood chips are widely utilized in sectors such as paper and pulp, bioenergy, and agriculture. The rise in construction activities and the growing emphasis on sustainable and renewable resources further contribute to the market expansion. Vietnam`s abundant forestry resources position it as a key player in the global wood chips market, attracting both domestic and international stakeholders.
The Vietnam Wood Chips market is being driven by several factors. One of the key drivers is the growing demand for wood chips in the paper and pulp industry. As the paper and pulp industry in Vietnam expands, there is a higher need for wood chips as a raw material for paper production. Additionally, the increasing use of wood chips as a biofuel source has also contributed to market growth, as they are seen as a sustainable and eco-friendly energy source. Moreover, the construction industry`s rising demand for wood chips as a material for particleboard and other wood-based products further propels the market. With sustainable forest management practices and increased awareness of environmental concerns, the market is expected to continue its growth trajectory.
The Vietnam Wood Chips market grapples with challenges tied to sustainable forestry practices and deforestation concerns. The indiscriminate harvesting of trees for wood chips can lead to environmental degradation, soil erosion, and loss of biodiversity. Sustainability and responsible sourcing of wood chips have become focal points for the industry. Furthermore, fluctuations in international wood chip prices and demand can impact the export-oriented Vietnamese market.
The Vietnam Wood Chips Market faced disruptions during the COVID-19 pandemic, primarily due to restrictions on international trade and logistical challenges. Wood chips, commonly used in various industries, including pulp and paper, biomass energy, and furniture manufacturing, experienced supply chain interruptions. Lockdowns and reduced economic activities also impacted the demand for wood chips in certain sectors. As global trade normalizes and economic activities pick up, the Wood Chips Market is expected to recover. Moreover, the growing emphasis on sustainable and renewable resources may contribute to the resurgence of the wood chips industry in Vietnam.
In the Vietnam Wood Chips Market, leading players have carved a niche for themselves by supplying high-quality wood chips for various industries. Notable companies, including TimberHarvest Group, WoodChip Express, and GreenForest Resources, have become synonymous with reliability and sustainable forestry practices. These market leaders play a crucial role in supporting sectors such as paper and pulp, energy production, and landscaping with a steady supply of premium wood chips.
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 Wood Chips Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Wood Chips Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Wood Chips Market - Industry Life Cycle |
3.4 Vietnam Wood Chips Market - Porter's Five Forces |
3.5 Vietnam Wood Chips Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Vietnam Wood Chips Market Revenues & Volume Share, By Variety Type, 2021 & 2031F |
3.7 Vietnam Wood Chips Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Vietnam Wood Chips Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Wood Chips Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Wood Chips Market Trends |
6 Vietnam Wood Chips Market, By Types |
6.1 Vietnam Wood Chips Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Wood Chips Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Vietnam Wood Chips Market Revenues & Volume, By Softwood, 2021-2031F |
6.1.4 Vietnam Wood Chips Market Revenues & Volume, By Hardwood, 2021-2031F |
6.1.5 Vietnam Wood Chips Market Revenues & Volume, By Manual, 2021-2031F |
6.2 Vietnam Wood Chips Market, By Variety Type |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Wood Chips Market Revenues & Volume, By Forest Chips, 2021-2031F |
6.2.3 Vietnam Wood Chips Market Revenues & Volume, By Recycled Chips, 2021-2031F |
6.2.4 Vietnam Wood Chips Market Revenues & Volume, By Wood Residue Chips, 2021-2031F |
6.2.5 Vietnam Wood Chips Market Revenues & Volume, By Sawing Residue Chips, 2021-2031F |
6.3 Vietnam Wood Chips Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Wood Chips Market Revenues & Volume, By Pulp Wood, 2021-2031F |
6.3.3 Vietnam Wood Chips Market Revenues & Volume, By Residue Wood, 2021-2031F |
6.4 Vietnam Wood Chips Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Wood Chips Market Revenues & Volume, By Combined Heat and Power, 2021-2031F |
6.4.3 Vietnam Wood Chips Market Revenues & Volume, By Household Furnishing, 2021-2031F |
6.4.4 Vietnam Wood Chips Market Revenues & Volume, By Residential Heating, 2021-2031F |
6.4.5 Vietnam Wood Chips Market Revenues & Volume, By Playground Surfacing, 2021-2031F |
6.4.6 Vietnam Wood Chips Market Revenues & Volume, By Barbecue, 2021-2031F |
6.4.7 Vietnam Wood Chips Market Revenues & Volume, By Mulch, 2021-2031F |
6.4.8 Vietnam Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
6.4.9 Vietnam Wood Chips Market Revenues & Volume, By Fuel, 2021-2031F |
7 Vietnam Wood Chips Market Import-Export Trade Statistics |
7.1 Vietnam Wood Chips Market Export to Major Countries |
7.2 Vietnam Wood Chips Market Imports from Major Countries |
8 Vietnam Wood Chips Market Key Performance Indicators |
9 Vietnam Wood Chips Market - Opportunity Assessment |
9.1 Vietnam Wood Chips Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Vietnam Wood Chips Market Opportunity Assessment, By Variety Type, 2021 & 2031F |
9.3 Vietnam Wood Chips Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Vietnam Wood Chips Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Wood Chips Market - Competitive Landscape |
10.1 Vietnam Wood Chips Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Wood Chips Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |