The Australia and New Zealand cross laminated timber (CLT) market size reached US$ 86.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 288.2 Million by 2028, exhibiting a growth rate (CAGR) of 20.6% during 2023-2028. More Info:- https://www.imarcgroup.com/australia-newzealand-clt-market

1. Copyright © IMARC Service Pvt Ltd. All Rights Reserved
Australia and New Zealand Cross
Laminated Timber Market Research
and Forecast Report 2023-2028
Author: Elena Anderson
Marketing Manager
IMARC Group
© 2022 IMARC All Rights Reserved

2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Australia and New Zealand Cross Laminated Timber Market Research Report 2023-2028:
According to the latest report by IMARC Group, titled "Australia and New Zealand Cross Laminated
Timber (CLT) Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,"
the Australia and New Zealand cross laminated timber (CLT) market size reached US$ 86.5 Million in
2022.
Cross laminated timber (CLT) is a cutting-edge engineered wood product that revolutionizes
traditional construction practices. It is composed of multiple layers of lumber boards stacked
perpendicular to each other and bonded together with structural adhesives. This unique layering
technique gives CLT superior strength, stability, and load-bearing capabilities, thus making it an ideal
material for constructing large-scale buildings and structures. CLT offers numerous advantages over
conventional construction materials.
Its prefabricated nature allows for efficient and precise on-site assembly, reducing construction time
and costs. Additionally, CLT's high strength-to-weight ratio enables the construction of tall and
durable buildings, making it a viable alternative to concrete and steel in many applications. The
sustainable aspect of CLT is of utmost significance, as it utilizes timber, a renewable resource, and
contributes to carbon sequestration, mitigating the environmental impact.

4. Report Description
Report Description and Highlights
The versatility of CLT extends to its aesthetic appeal, as the visible wood surface offers a warm and
inviting atmosphere. It can be used in various architectural designs, from residential buildings to
commercial and institutional structures. Consequently, cross-laminated timber is gaining popularity
worldwide as a game-changing construction material that blends sustainability, efficiency, and
modern design principles into one innovative solution for the built environment.
Request for a PDF sample of this report: https://www.imarcgroup.com/australia-newzealand-clt-
market/requestsample

5. Report Description
Report Description and Highlights
Australia and New Zealand Cross Laminated Timber Market Trends:
The rapid urbanization and population growth in Australia and New Zealand are creating a demand for innovative,
efficient, and cost-effective construction solutions which represents one of the key factors driving the growth of the
market across the countries. CLT's prefabricated nature and quick assembly process contribute to faster construction
timelines, which is making it an attractive choice for urban projects with tight schedules. Additionally, the versatility of
CLT allows for flexible architectural designs, catering to the diverse housing needs of both countries. The market is also
driven by the growing commitment to sustainability and environmental preservation in the countries. CLT aligns well
with these values as it is made from sustainably sourced timber, a renewable resource. The use of CLT in construction
contributes to carbon sequestration, as wood captures and stores carbon dioxide, reducing the overall carbon
footprint of buildings.
This eco-friendly aspect has led to a strong demand for CLT in both countries, with architects, builders, and developers
seeking environmentally responsible alternatives to traditional construction materials. Both Australia and New Zealand
have updated their building codes and regulations to promote the use of sustainable construction practices and
materials. The acceptance of CLT as a compliant building material is opening new opportunities for its incorporation in
various construction projects. The recognition of CLT's structural integrity and fire resistance properties by regulatory
authorities is boosting confidence in its use, which is further driving its adoption in the construction sector. Other
factors, such as aesthetic appeal and design trends, and government support and incentives, are creating a positive
outlook for the market across the countries.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/australia-newzealand-clt-market

6. Report Description
Report Description and Highlights
Key Market Segmentation
The research report includes the following segments:
Australia Cross Laminated Timber Industry
Breakup by Application:
•Detached Houses
•Residential
•Non-Residential Units
New Zealand Cross Laminated Timber Industry
Breakup by Application:
•Residential
•Commercial

7. Report Description
Report Description and Highlights
Competitive Landscape:
•Stora Enso Oyj
•KLH Massivholz GmbH
•Binderholz GmbH
• XLam Australia Pty Ltd

8. Report Description
Key Questions Answered in the Report
1. How big is the Australia and New Zealand Cross Laminated Timber (CLT) market?
2. What is the expected growth rate of the Australia and New Zealand Cross Laminated Timber
(CLT) market during 2023-2028?
3. What are the key factors driving the Australia and New Zealand Cross Laminated Timber (CLT)
market?
4. What has been the impact of COVID-19 on the Australia and New Zealand Cross Laminated
Timber (CLT) market?
5. What is the breakup of the Australia Cross Laminated Timber (CLT) market based on the
application?
6. What is the breakup of the New Zealand Cross Laminated Timber (CLT) market based on the
application?
7. Who are the key players/companies in the Australia and New Zealand Cross Laminated Timber
(CLT) market?

9. Report Description Table of Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Australia Cross Laminated Timber Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends

10. Report Description Table of Contents
5.3 Impact of COVID-19
5.4 Price Analysis
5.5 Market Breakup by Application
5.5.1 Detached Houses
5.5.1.1 Market Trends
5.5.1.2 Market Forecast
5.5.2 Residential
5.5.2.1 Market Trends
5.5.2.2 Market Forecast
5.5.3 Non-Residential Units
5.5.3.1 Market Trends
5.5.3.2 Market Forecast
5.6 Key Players
5.7 Market Forecast
6 New Zealand Cross Laminated Timber Industry
6.1 Market Overview
6.2 Market Performance
Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/australia-newzealand-clt-market/toc

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Partial List of Clients

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

13. Report Description
Report Description and Highlights
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