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January 19, 2022

The European wooden-construction sector is evolving rapidly

The European wooden-construction sector is evolving rapidly
The European market for mass timber-based multi-storey buildings is growing at some 8% per year and is projected to grow from €5bn today to at least €10bn per year by 2030. Importantly, the development in wooden real estate is backed up by dynamic expansion of mass timber-construction material, especially engineered wood products (EWPS) such as cross-laminated timber (CLT), for which production capacity has been growing at 18% per year since 2013.    The above figures concern primarily multi-storey buildings, where rapid development has been achieved based on EWPs such as CLT, laminated ...

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