Australia and New Zealand Cross Laminated Timber (CLT) Market Report, Share, Size and Forecast Till 2023

1. Australia and New Zealand CLT Market Report and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Australia and New Zealand Cross Laminated Timber Market Report By Application (Detached Houses, Residential and Non-Residential Units), Key Players The growth of the Australia and New Zealand CLT market can be accredited to the advantageous characteristics of CLT, rising environmental concerns among the governing bodies, introduction of green building policies, and increasing applications in commercial and infrastructural projects. 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 2018-2023”, 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.

4. Report Description and Highlights Report Description 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: 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. Due to these factors, the cross laminated timber market in Australia is projected to reach a volume of XX Cubic Meters by 2023, growing at a CAGR of XX% during 2018-2023. On the other hand, the New Zealand cross laminated timber market is projected to reach a volume of XX Cubic Meters by 2023, registering a CAGR of XX% over the forecasted period. For more information, click here: https://www.imarcgroup.com/australia-newzealand-clt-market

5. Market Forecast Sample Figure: Australia: Cross Laminated Timber Market Forecast: Volume Trends (in Cubic Metre), 2018-2023

6. Market Segmentation Report Description • Australia and New Zealand Cross Laminated Timber Market Segmentation: • Australia Market Breakup by Application • Detached Houses • Residential • Non-Residential Units • 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 fresh water consumption, enhance indoor environment quality and help in keeping the environment clean by generating zero waste during production. • New Zealand Market Breakup by Application • Residential • Commercial • 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.

7. Market Segmentation Report Description • Request for a sample report: https://www.imarcgroup.com/request?type=report&id=1003&flag=B • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • KLH • StoraEnso • Binderholz • XLam • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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11. Report Description and Highlights Report Description © 2018 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.

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