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March 18, 2021
Forecast: Global roundwood market expected to grow in the next years as demand rises
The global roundwood market is estimated at a huge figure of approx. $312B, which equals to near 2 billion cubic meters. In 2020, despite a slowdown in the market growth due to the pandemic, the roundwood market is buoyed by robust global demand from the packaging and construction industries. The increase in online sales as a result of the pandemic has boosted the market for cardboard packaging and wooden pallets for shipping. In 2021, the decline in mortgage lending rates spurred the U.S. real estate market to record growth. Given the social isolation and working ...
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