U.S. Decorative Veneers Market to Reach $1.88 Billion by 2029, Growing Demand for Exotic Wood Species Creating Market Opportunities - Arizton

According to the latest report by focus reports by Arizton, the U.S. decorative veneers market 2024 – 2029 sheds light on the dynamic and rapidly evolving industry.



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The U.S. decorative veneers market was valued at $1.53 billion in 2023 and is expected to reach $1.88 billion by 2029, growing at a CAGR of 3.51% during the forecast period. The market is experiencing significant growth driven by the increasing popularity of exotic wood species, customization, and personalization for decorative purposes and safety. The increased demand for commercial spaces is also a significant driver for the market's growth.

Growing Popularity of Exotic Wood Species Booming the Market Growth

The popularity of exotic wood species is growing significantly in the U.S. decorative veneer market due to various factors, including its uniqueness & aesthetics, sustainability, durability & performance, and accessibility & innovations. Hardwood veneer includes oak, cherry, maple, walnut, mahogany, and teak. It offers timeless durability and beauty. They are known for their fire-resistant property. The demand for reclaimed wood and FSC-certified veneers is rising in the U.S., which drives the demand for hardwood veneers. Softwood veneers include pine, cedar, spruce, etc. These are the most common choices for veneer sheets. They give minimalist or rustic aesthetics. It is most commonly used for architectural and paneling applications.

In the U.S., exotic wood species are available in distinctive textures, vibrant colors, and unique grain patterns. Many companies are focusing on offering such exotic veneers to attract new customers. For instance, AHC Hardwood Group offers mahogany, zebrawood, and wenge exotic species-based veneers. It gives a new dramatic look for decorative veneers. It adds an exclusive and luxurious touch to interior design, which helps to create stunning statement pieces and focal points. A vast array of options are available in the U.S. market, catering to diverse design styles of decorative veneers. This will drive the demand for decorative veneers in the U.S. market during the forecast period.

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST

·        Material Market Insights (2023-2029)

o  Hardwood Veneers

o  Softwood Veneers

o  Engineered Veneers

o  Others

·        Application Insights (2023-2029)

o  Furniture

o  Walls, Ceilings, & Doors

o  Cabinetry & Fixtures

o  Others

·        End-User Market Insights (2023-2029)

o  Residential

o  Commercial

Vendors List

Key Vendors

·        AHC Hardwood Group

·        Columbia Forest Products

·        Flexible Materials

·        FormWood Industries, Inc.

·        GL Veneer

·        MBVeneer Corp

·        Oakwood Veneer

·        Timber Products Company

Other Prominent Vendors

·        Brookside Veneers Ltd

·        Danzer Holding Ag

·        Herzog Veneers

·        International Veneer Company, Inc.

·        Lenderink Technologies

·        Sauers & Company Veneers

·        The October Company, Inc.

·        Universal Veneer

·        Veneer Technologies

·        WiseWood Veneer

·        A.V.E.C. American Veneer Edgebanding Co., Inc.

·        BVC Company

·        Certainly Wood, Inc.

·        Fibromade

·        Great Lakes Veneer

·        Indiana Veneers Corp.

·        Joe Woodworker

·        Manthei Wood Products

·        Miller Veneers

·        UV Group

Key Question Answered in the Report 

How big is the U.S. decorative veneers market?

What is the projected growth rate of the U.S. decorative veneers market?

What are the drivers in the U.S. decorative veneers market?

Who are the leading players in the U.S. decorative veneers market?

TOCs

CHAPTER – 1: US Decorative Veneers Market Overview

·        Executive Summary

·        Key Findings

·        Key Developments

CHAPTER – 2: US Decorative Veneers Market Segmentation Data

·        Material Market Insights (2023-2029)

o  Hardwood Veneers

o  Softwood Veneers

o  Engineered Veneers

o  Others

·        Application Insights (2023-2029)

o  Furniture

o  Walls, Ceilings, & Doors

o  Cabinetry & Fixtures

o  Others

·        End-User Market Insights (2023-2029)

o  Residential

o  Commercial

CHAPTER – 3: US Decorative Veneers Market Prospects & Opportunities

·        US Decorative Veneers Market Drivers

·        US Decorative Veneers Market Trends

·        US Decorative Veneers Market Constraints

CHAPTER – 4: US Decorative Veneers Market Overview

·        US Decorative Veneers - Competitive Landscape

·        US Decorative Veneers - Key Players

·        US Decorative Veneers - Key Company Profiles

CHAPTER – 5: Appendix

·        Research Methodology

·        Abbreviations

·        Arizton

List of Exhibits

·        Exhibit 1: US Decorative Veneers Market ($ BN)

·        Exhibit 2: US Decorative Veneers Market by Hardwood Veneers ($ BN)

·        Exhibit 3: US Decorative Veneers Market by Softwood Veneers ($ BN)

·        Exhibit 4: US Decorative Veneers Market by Engineered Veneers ($ BN)

·        Exhibit 5: US Decorative Veneers Market by Others ($ BN)

·        Exhibit 6: US Decorative Veneers Market by Furniture ($ BN)

·        Exhibit 7: US Decorative Veneers Market by Walls, Ceilings, Floors, & Doors ($ BN)

·        Exhibit 8: US Decorative Veneers Market by Cabinetry and Fixtures ($ BN)

·        Exhibit 9: US Decorative Veneers Market by Others ($ BN)

·        Exhibit 10: US Decorative Veneers Market by Residential ($ BN)

·        Exhibit 11: US Decorative Veneers Market by Commercial ($ BN)

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