Reclaimed Lumber Market - Forecast(2024 - 2030)

Report Code: CMR 12032 Report Format: PDF + Excel

Reclaimed Lumber Market Overview

Reclaimed lumber market size is forecast to reach $16.2 billion by 2026, after growing at a CAGR of 4.6% during 2021-2026. Reclaimed lumber is recycled wood, retrieved from its original application for purposes of subsequent use such as Wine barrels, wood mantels in homes and others. Additionally, reclaimed wood can been taken from various sources such as Factories, Old barns, stock farms with other places. So, with the increase in use of refurnished woods the demand for reclaimed lumber industry is expected to drive. In addition, with rise in construction of wooded houses, specially in cold places, the reclaimed lumber market is expected to lead. Whereas government initiatives towards housing will enhance the overall market demand for reclaimed lumber market.

COVID-19 Impact

The worldwide crisis of COVID-19 has declined the construction industry as many of the ongoing infrastructure projects are either post-ponded or cancelled which has led to a millions and billions of losses. The International Monetary Fund (IMF) forecasts that real gross domestic product (GDP) will shrink by around 3% worldwide, growing 5.9 percentage points less than the 2.9% growth in 2019. According to which United States will see mass layoffs in the construction sector as in many other industries and building ­activity ­in southern Europe is anticipated to contract by 60-70%. So, this has declined the construction industry and hence the reclaimed lumber market has restrained.

Report Coverage

The report: “Reclaimed Lumber Market – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Reclaimed Lumber Market.
By Application – Flooring, Panelling & Siding, Beams & Boards, Furniture and Others.
By End-Use Industry – Residential (Independent Houses, Large Apartments Houses and RoW Houses), Commercial (Hospitals & Healthcare Infrastructure, Educational Institutes, Hotels and Restaurants, Banks and Financial Institution, Others) and Industrial.
By Geography – North America (U.S., Canada, and Mexico), Europe (U.K., Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America) and RoW (Middle East and Africa).

Key Takeaways

  • Asia-Pacific dominates the Reclaimed Lumber market owing to increasing demand from applications such as automotive and aviation industries.
  • Reclaimed Lumber avoids and reduces the consumption of new timber, this is likely to aid in the market growth of reclaimed lumber.
  • Increasing adoption and government initiatives towards green building will increase the market demand for reclaimed lumber in the near future.
  • High prices of reclaimed lumber will create hurdles for the reclaimed lumber market.

Figure: Asia Pacific Reclaimed Lumber Market Revenue, 2020-2026 (US$ Million/Billion)

Reclaimed Lumber Market
For More Details on This Report - Request for Sample

Reclaimed Lumber Market Segment Analysis – By Application

Furniture segment held the largest share in the reclaimed lumber market in the year 2020 and is expected to grow at a CAGR of 4.9% during the forecast period. The wood is used strictly in applications such as furniture or decorative purposes. One of the major benefit is, the high-quality, old-growth timber is that it is seasoned and stable, and so is not subject to twisting or shrinking when reused in a building. According to the data provided by Eurostat, the values of EU27 and UK wood furniture production was about USD $45.57 (€42.5) billion in 2019. Therefore, owing to the increasing demand for furniture, the reclaimed lumber market is expected to grow.

Reclaimed Lumber Market Segment Analysis – By End Use Industry

Commercial sector has been the primary market for reclaimed lumber in the year 2020 and is expected to grow at a CAGR of 5% during the forecast period. Reclaimed wood is considered more of a specialty item rather than a practical solution to large-scale wood flooring and siding projects in commercial sector. In addition, Oak is a the most popular choice for reclaimed wood and in particular flooring due to its versatility in terms of finish and coloring. According to U.S Census Bureau, the construction industry is of worth $11.4 trillion in the year 2019. So, the growing construction industry, the reclaimed lumber market will also grow. 

Reclaimed Lumber Market Segment Analysis – By Geography

APAC dominated the Reclaimed Lumber market in the year 2020 and is expected to grow at a CAGR of 4.8% during the forecast period. In this region, China is projected to witness a high demand for reclaimed lumber owing to its vast wood-based construction industry and increasing awareness regarding reducing greenhouse gas emissions. Whereas according to the USDA foreign agriculture service, in India, annual import of logs, lumber and wood products have increased from USD$1.3 billion to $2 billion in the past decade. So, with the increase in demand for wood, the market for reclaimed lumber will drive.

Reclaimed Lumber Market Drivers

Growing demand for green building

Growing governments initiatives towards green building will increase the demand for flooring and this will eventually led to the increase in market growth for reclaimed lumber. Whereas, in September 2020, U.K government had launched a scheme called “The Green Homes Grant”. This scheme is set to help homeowners by funding them the cost of green home improvements and to improve their energy efficiency. The government will be providing two-thirds funding up to $6500 (£5,000 or £10,000) (for low-income homes) to help homeowners make green home improvements. 

Governments initiatives regarding construction/ infrastructure

In order to develop their nations, governments globally are focusing on boosting their infrastructure. For an example, in India, according to the Department for Promotion of Industry and Internal Trade (DPIIT), construction development and infrastructure activities sectors received FDI inflow amounting to US$ 25.69 billion and US$ 16.97 billion, respectively, between April 2000-June 2020. These investments had helped the construction industry to develop in the past and would be helping in the upcoming years. Hence with the rising construction industry, the reclaimed lumber market is expected to grow.

Reclaimed Lumber Market Challenges

High Cost of reclaimed lumber

Reclaimed wood are more expensive than virgin wood because of the process it undergoes. A dealer sorts and prepares the reclaim lumber, so it’s safe for consumer use, whereas there is a lot of nail pulling and extra work involved over using virgin lumber. On the other hand, Companies may treat lumber with chemicals and paint, which can contain volatile organic compounds, adhesives, preservatives, insecticides or lead, this makes reclaimed lumber end product more expensive and might work as challenge for the market growth.

Reclaimed Lumber Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Reclaimed Lumber market. Major players in the Reclaimed Lumber Market are Altruwood, Atlantic Reclaimed Lumber, LLC, Carpentier Hardwood Solutions NV, Elemental Republics, Elmwood Reclaimed Timber, Imondi Flooring, Jarmak Corporation, Longleaf Lumber, Inc., Montana Reclaimed Lumber Co., Olde Wood Ltd., among others.

Relevant Reports

Report Code: CMR 7374

Report Code: CMR 69641

For more Chemicals and Materials Market reports - Please click here

1. Reclaimed Lumber Market- Market Overview
    1.1 Definitions and Scope
2. Reclaimed Lumber Market - Executive Summary
    2.1 Key Trends by Application
    2.2 Key Trends by End Use Industry
    2.3 Key Trends by Geography
3. Reclaimed Lumber Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Reclaimed Lumber Market - Startup companies Scenario Premium io Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Reclaimed Lumber Market – Industry Market Entry Scenario Premium io Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Reclaimed Lumber Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Reclaimed Lumber Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Reclaimed Lumber Market – By Application (Market Size -$Million/Billion)
    8.1 Flooring
    8.2 Panelling & Siding
    8.3 Beams & Boards
    8.4 Furniture
    8.5 Others
9. Reclaimed Lumber Market – By End-Use Industry (Market Size -$Million/Billion)
    9.1 Residential
        9.1.1 Independent Houses
        9.1.2 Large Apartments Houses
        9.1.3 RoW Houses
    9.2 Commercial
        9.2.1 Hospitals & Healthcare Infrastructure
        9.2.2 Educational Institutes
        9.2.3 Hotels and Restaurants
        9.2.4 Banks and Financial Institution
        9.2.5 Others
    9.3 Industrial
10. Reclaimed Lumber Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest of South America
    10.3 Europe
        10.3.1 UK
        10.3.2 Germany
        10.3.3 France
        10.3.4 Italy
        10.3.5 Netherland
        10.3.6 Spain
        10.3.7 Russia
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia-Pacific
        10.4.1 China
        10.4.2 Japan
        10.4.3 India
        10.4.4 South Korea
        10.4.5 Australia and New Zeeland
        10.4.6 Indonesia
        10.4.7 Taiwan
        10.4.8 Malaysia
        10.4.9 Rest of APAC
    10.5 Rest of the World
        10.5.1 Middle East
   Saudi Arabia
   Rest of the Middle East
        10.5.2 Africa
   South Africa
   Rest of Africa
11. Reclaimed Lumber Market – Entropy
    11.1 New Product Launches
    11.2 M&As, Collaborations, JVs and Partnerships
12. Reclaimed Lumber Market – Market Share Analysis Premium
    12.1 Market Share at Global Level - Major companies
    12.2 Market Share by Key Region - Major companies
    12.3 Market Share by Key Country - Major companies
    12.4 Market Share by Key Application - Major companies
    12.5 Market Share by Key Product Type/Product category - Major companies
13. Reclaimed Lumber Market – Key Company List by Country Premium Premium
14. Reclaimed Lumber Market Company Analysis - Business Overview, Product Portfolio, Financials, and Developments
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"



1.US Reclaimed Lumber Market Revenue, 2023-2030 ($M)
2.Canada Reclaimed Lumber Market Revenue, 2023-2030 ($M)
3.Mexico Reclaimed Lumber Market Revenue, 2023-2030 ($M)
4.Brazil Reclaimed Lumber Market Revenue, 2023-2030 ($M)
5.Argentina Reclaimed Lumber Market Revenue, 2023-2030 ($M)
6.Peru Reclaimed Lumber Market Revenue, 2023-2030 ($M)
7.Colombia Reclaimed Lumber Market Revenue, 2023-2030 ($M)
8.Chile Reclaimed Lumber Market Revenue, 2023-2030 ($M)
9.Rest of South America Reclaimed Lumber Market Revenue, 2023-2030 ($M)
10.UK Reclaimed Lumber Market Revenue, 2023-2030 ($M)
11.Germany Reclaimed Lumber Market Revenue, 2023-2030 ($M)
12.France Reclaimed Lumber Market Revenue, 2023-2030 ($M)
13.Italy Reclaimed Lumber Market Revenue, 2023-2030 ($M)
14.Spain Reclaimed Lumber Market Revenue, 2023-2030 ($M)
15.Rest of Europe Reclaimed Lumber Market Revenue, 2023-2030 ($M)
16.China Reclaimed Lumber Market Revenue, 2023-2030 ($M)
17.India Reclaimed Lumber Market Revenue, 2023-2030 ($M)
18.Japan Reclaimed Lumber Market Revenue, 2023-2030 ($M)
19.South Korea Reclaimed Lumber Market Revenue, 2023-2030 ($M)
20.South Africa Reclaimed Lumber Market Revenue, 2023-2030 ($M)
21.North America Reclaimed Lumber By Application
22.South America Reclaimed Lumber By Application
23.Europe Reclaimed Lumber By Application
24.APAC Reclaimed Lumber By Application
25.MENA Reclaimed Lumber By Application
26.Longleaf Lumber, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Vintage Timberworks, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Atlantic Reclaimed Lumber, LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Carpentier Hardwood Solutions NV, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Imondi Flooring, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.TerraMai, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Jarmak Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Elemental Republics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Elmwood Reclaimed Timber, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Olde Wood Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Trestlewood, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Montana Reclaimed Lumber Co., Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.True American Grain Reclaimed Wood, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Beam Board, LLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Altruwood, Sales /Revenue, 2015-2018 ($Mn/$Bn)