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Wood construction market seen topping $368 billion by 2030

11 hours ago
By AI, Created 10:58 UTC, Sep 17, 2026, AGP -

The Business Research Company says the global wood construction market is set to grow from $256.53 billion in 2025 to $275.32 billion in 2026, then reach $368.53 billion by 2030. The firm points to rising demand for sustainable materials, green building rules and modular construction as key drivers.

Why it matters: - Wood construction is moving from a niche sustainability play to a broader building strategy as developers look for lower-carbon, faster-to-build alternatives to concrete and steel. - The market outlook points to strong demand across housing, infrastructure and prefab building methods, which could reshape material choices in construction. - Green certifications are becoming a practical growth driver, not just an environmental selling point.

What happened: - The Business Research Company projected the wood construction market will rise from $256.53 billion in 2025 to $275.32 billion in 2026. - The forecast implies 7.3% compound annual growth in 2026. - The market is expected to reach $368.53 billion by 2030, at a 7.6% compound annual growth rate. - North America held the largest share of the market in 2025. - Asia-Pacific is forecast to be the fastest-growing region over the coming years. - The report covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The company also published a free sample of the report and the full market report online: Download the sample report and View the full report.

The details: - Wood construction uses timber-based structural systems to build durable, sustainable and energy-efficient buildings. - The method emphasizes precision-engineered components, quicker assembly, reduced environmental impact and stronger structural integrity. - Historical growth has been supported by continued reliance on concrete and steel methods, affordable timber supply in forestry regions, rising residential housing needs, more small-scale carpentry projects and basic infrastructure development. - The forecast period is expected to be driven by demand for sustainable and low-carbon materials, rapid urbanization, housing shortages, broader acceptance of prefabricated construction, stricter green building rules and advances in engineered wood and structural timber. - Anticipated trends include more mass timber use, wider modular wooden construction, greater focus on low-carbon materials, more green certification projects and faster build times using timber structures. - Green building certifications are a major catalyst because they measure environmental design, energy efficiency and responsible material use. - Wood construction fits those certification standards because timber is renewable, low-carbon and energy efficient. - The U.S. Environmental Protection Agency reported in May 2024 that commercial buildings earning ENERGY STAR certification rose from more than 7,000 in 2022 to more than 8,800 in 2023.

Between the lines: - The forecast suggests wood construction is gaining credibility as regulations and procurement standards increasingly reward lower-carbon materials. - Modular and mass timber adoption could shorten construction timelines, which matters in markets facing housing shortages and labor constraints. - The regional split hints that North America remains the current center of demand, while Asia-Pacific may become the main growth engine.

What's next: - The market’s next phase will likely be shaped by how quickly builders, regulators and investors embrace engineered timber and prefab systems. - More green certifications and stricter building standards could accelerate adoption through 2030. - The Business Research Company says its 2026 reports include market attractiveness scoring, TAM analysis, company scoring matrices, forecasting dashboards, hotspots infographics and updated trend analysis.

The bottom line: - Wood construction is poised for steady growth, with sustainability, regulation and faster-build methods turning timber into a larger share of global construction demand.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

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