Forestry market seen reaching $10.93 billion by 2030

The global forestry market is projected to grow from $8.22 billion in 2026 to $10.93 billion by 2030, fueled by construction demand, certified wood products, carbon offset projects and forest-monitoring technology. North America leads today, while Asia-Pacific is expected to grow fastest.

Why it matters: - Forestry is gaining momentum as demand rises for timber, certified wood, biomass fuel and carbon-offset-linked projects. - The market’s growth ties directly to construction, sustainability rules and the push for more traceable wood supply chains. - Forest management also affects downstream industries that rely on wood-based raw materials and environmental services.

What happened: - The Business Research Company released its Forestry Global Market Report 2026 – Market Size, Trends, And Forecast 2026-2035. - The report estimates the forestry market will grow from $7.68 billion in 2025 to $8.22 billion in 2026. - The report forecasts the market will reach $10.93 billion by 2030. - That forecast implies a 7.1% CAGR from 2025 to 2026 and a 7.4% CAGR through 2030.

The details: - Historical growth has been supported by timber-based industrial demand, paper and pulp consumption, traditional logging, construction materials use and organized forestry plantations. - Future growth is expected to come from sustainable and certified wood products, carbon credit and forestry offset initiatives, advanced forest monitoring, biomass energy applications and stricter international anti-deforestation rules. - Sustainable forest management and certification practices are gaining traction across the industry. - Remote sensing and satellite-based forest monitoring tools are being adopted more widely. - Demand is rising for certified timber and traceable wood supply chains. - Biomass-based energy and renewable wood fuel applications are expanding. - Reforestation and afforestation projects tied to carbon offset programs are becoming a bigger focus. - The report identifies construction activity as a major growth driver. - Eurostat reported in June 2024 that seasonally adjusted construction production rose 1.7% in the euro area and 1.4% in the EU versus May 2024. - In 2025, North America held the largest share of the forestry market. - Asia-Pacific is expected to post the fastest growth over the next few years. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

Between the lines: - Forestry is shifting from a volume-driven industry toward one shaped by sustainability, monitoring and regulatory compliance. - Carbon markets and certification standards are becoming part of the commercial case for forest assets, not just environmental policy. - Construction demand still anchors the market, but technology and climate-linked uses are widening the growth story.

What's next: - The report points to more demand for digital forest monitoring, certified supply chains and renewable wood fuel products. - Asia-Pacific’s growth could narrow the gap with North America if construction and industrial demand keep accelerating. - Continued pressure against deforestation is likely to favor operators with verified sustainable practices.

The bottom line: - The forestry market is growing steadily, but the next phase looks less like old-style logging and more like a sustainability-linked resource industry.