The global wood recycling market has been seeing ‘strong’ growth in recent years. Market analysts at SkyQuest expect the sector to exceed EUR 26.2 billion by 2032.
The worldwide wood recycling industry was already worth EUR 17.6 billion last year. It is thought to witness 5.1% compound annual growth during the forecast period 2025-2032.
The North American wood recycling market remains one of the largest in the world, SkyQuest reports. The region is expected to see the most growth in the next ten years. In Europe, with countries like Germany, the UK and the Netherlands are leading the market.
Positive factors include:
- Increased demand for recycled products, specifically in the construction, automotive, and furniture industries
- More stringent environmental regulations boosting recycling activities and sustainable production
- Increased consumer preferences for sustainable products
- Robust recycling infrastructure being further improved
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