Cross Laminated Timber Market Growth Opportunities: Insights from Latest Research Report Forecast –

The global cross laminated timber market size is projected to grow from USD 1.4 billion in 2023 to USD 2.6 billion by 2028, at a CAGR of 13.7%. The demand for cross laminated timber is primarily influenced by the demand trends in the building and construction, packaging industry, and in the growing economy. The companies have adopted various strategies, such as investment & expansion, merger & acquisition, new product launches, and joint ventures to increase their global presence and maintain sustained growth in the cross laminated timber market.