Competitive Landscape and Strategic Developments in the Global Engineered Wood Market The global engineered wood market size was USD 284.76 Billion in 2022 and is expected to register a revenue CAGR of 5.3% during the forecast period. Major factors driving the global market revenue growth are increasing need for sustainability, cost-efficiency in using engineered wood, rising environmental concerns, and increasing urbanization and housing demand across the globe.
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