Wood Products Market Opportunities and Strategies to 2033: Global Wood Products Market Set to Surpass $1.58 Trillion by 2033 [Yahoo! Finance]
West Fraser Timber Co. Ltd Common stock (WFG)
Company Research
Source: Yahoo! Finance
Dublin, Sept. 23, 2024 (GLOBE NEWSWIRE) -- The "Wood Products Market Opportunities and Strategies to 2033" report has been added to ResearchAndMarkets.com's offering. The global wood products market reached a value of nearly $788.45 billion in 2023, having grown at a compound annual growth rate (CAGR) of 7.08% since 2018. The market is expected to grow from $788.45 billion in 2023 to $1.15 trillion in 2028 at a rate of 7.87%. The market is then expected to grow at a CAGR of 6.67% from 2028 and reach $1.58 trillion in 2033. Growth in the historic period resulted from the rising disposable income, strong economic growth in emerging markets, government initiatives for furniture manufacturing and increase in residential construction activity. Factors that negatively affected growth in the historic period include stringent laws and regulations. Going forward, the increasing focus on home renovation, investments in infrastructure development and improvement, increasing demand for ene
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News
- West Fraser Timber Co. Ltd. (TSE:WFG) is largely controlled by institutional shareholders who own 45% of the company [Yahoo! Finance]Yahoo! Finance
- West Fraser Declares DividendPR Newswire
- Prolonged softwood lumber dispute points to what Trump's tariffs may mean for Canada [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- What Canadian markets – and investors – made of Trump re-election [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- US Lumber Industry Set to End Canada's Dominance as Tariffs Take Toll [Yahoo! Finance Canada]Yahoo! Finance Canada
WFG
Sec Filings
- 12/11/24 - Form 6-K
- 10/23/24 - Form 6-K
- 10/4/24 - Form 6-K
- WFG's page on the SEC website