Australia and New Zealand CLT Market Share, Size, Trends, Growth and Forecast Till 2024

1. Australia and New Zealand CLT Market Research Report and Forecast 2024 Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Australia and New Zealand CLT Market Overview: The latest report by IMARC Group, titled “Australia and New Zealand Cross Laminated Timber (CLT) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, estimated that the cross laminated timber market in Australia and New Zealand reached a volume of XX Cubic Meters and XX Cubic Meters, respectively. Cross-laminated timber (CLT) arrived in Australia and New Zealand later than in Europe and North America, and rapidly gained popularity within the engineering community. It is preferred across both the residential and non-residential sectors owing to its advantageous characteristics such as dimensional stability, versatility, strength, easy and faster installation, low greenhouse gas emissions, light weight, and aesthetic appearance. On account of growing environmental concerns, the demand for green buildings is increasing in Australia and New Zealand. In line with this, builders are focusing on better construction practices and opportunities for innovation with new materials and techniques as well as business strategies and industry transformation. CLT has been identified as one of the materials with prospects for contribution in all of these areas. Australia and New Zealand CLT Market Drivers

4. Report Description and Highlights Report Description 186.5 181.2 120.2125.5130.8136.1141.4146.7152.0157.3 175.9 170.6 160 180 165.3 160.0 160 140 140 120 In Billion US$ in Billion US$ 120 100 100 80 80 60 60 40 40 20 20 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Due to these factors, the cross laminated timber market in Australia is projected to reach a volume of XX Cubic Meters by 2024, growing at a CAGR of XX% during 2019-2024. On the other hand, the New Zealand cross laminated timber market is projected to reach a volume of XX Cubic Meters by 2024, registering a CAGR of XX% over the forecast period. Request for a free sample report: https://www.imarcgroup.com/australia-newzealand-clt- market/requestsample

5. Report Description and Highlights Report Description The eco-friendly nature of CLT makes it a promising alternative to concrete as a core construction material. Owing to this, the governments in Australia and New Zealand are encouraging consumers to shift towards wood panels. For instance, Tasmania has adopted a state-wide Wood Encouragement Policy (WEP), whereas, the Rotorua Lakes Council in New Zealand is encouraging the use of natural timber-based products in construction. As a result, the share of green-rated buildings is further anticipated to increase, thereby intensifying the demand for CLT in infrastructural constructions. Moreover, technical advancements coupled with the aesthetic value of CLT has led several construction companies in Australian and New Zealand to build structures over 10 storeys in commercial spaces. For more information, click here: https://www.imarcgroup.com/australia-newzealand-clt-market Key Market Segmentation: Market Segmentation by Application • • • Detached Houses Residential Non-Residential Units

6. Report Description and Highlights Report Description In Australia, the CLT market has been segmented as detached houses, residential units and non- residential units. Currently, non-residential units dominate the market, holding the largest share. This can be attributed to the growing preference for sustainable building materials like CLT which reduce freshwater consumption, enhance indoor environment quality and help in keeping the environment clean by generating zero waste during production. In New Zealand, the market has been bifurcated into residential and commercial units. Amongst these, residential units exhibit a clear dominance as cross-laminated timber is better suited for multi-storey buildings. Competitive Landscape: The competitive landscape of the market has also been examined with some of the key players. • • • • KLH StoraEnso Binderholz Xlam

7. Report Description and Highlights Report Description Browse Related Report Cross Laminated Timber Market: https://www.imarcgroup.com/cross-laminated-timber- manufacturing-plant Japan Cross Laminated Timber (CLT) Market Report: https://www.imarcgroup.com/japan-cross- laminated-timber-market

8. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

11. Contact Us FOR MORE DETAILS Visit us at : https://www.imarcgroup.com Stay With Us: TELEPHONE: +1-631-791-1145 E-MAIL: sales@imarcgroup.com