The Global Log Home Market size is projected to grow at a CAGR of 8.6% during the forecast period and reach USD X.X billion by 2028, from an estimated value of USD 2.8 billion in 2019. The North American region would continue being the largest market for logs with a share of about 31%. Europe will also be a large consumer due to its high population density and growing demand for eco-friendly homes that are sustainable.
Log homes are usually built using logs that have not been milled into conventional lumber. Log construction is ecological because it uses little wood, but its main advantage over-frame houses are the ease of assembly on site. Unlike traditional wooden buildings where the walls consist of a stack of dimensional lumber or sheeting material such as plywood, log structures can be erected very quickly with few tools and relatively little manpower due to their interlocking design. There are several methods for building with logs, including the use of bolts to put them together using metal poles or plates in order to make a kind of frame that will hold everything together. Log houses can also be built without nails and other hardware by interlocking whole sections at right angles between one another until enough layers have been laid on top of each other that they become rigid, much like LEGO blocks. Despite this quick construction time, many manufacturers claim that homes made from their products retain heat better than traditional wooden structures because there are no gaps in-between individual pieces where air could escape during winter months when the temperature drops below freezing point. Heating tends to be lower as well since the logs are thicker than regular lumber, so less insulation is needed.
On the basis of Type, the global log home market is segmented into Hand-Crafted Log Homes, Manufactured or Milled Log Homes.
Hand-Crafted Log homes are made manually using logs and other materials by the log home companies. These homes take a long time to be constructed as compared to manufactured or milled ones. In addition, handcrafted houses have different looks because of differences in construction methods used for them apart from being expensive than others. Hand-Crafted Log Homes are made by hand with the help of modern tools and technologies. They can be easily recognized by their rustic look, but also because they don’t fit into standardized production processes as machine-cut log homes do. These houses often have a “knotty pine” interior finish which gives them an authentic touch.
Manufactured or milled log homes are made with logs that have been machine cut into specific dimensions, manufactured in a mill. Manufactured wood is harvested from trees grown specifically for the purpose of manufacturing pressed-wood products. This allows for more precise product sizing and higher quality control than handcrafted or natural logs can offer. Manufactured or Milled Log Homes are made by using the logs of trees that have been cut down. The wood is milled in a sawmill generally to size it for use on building sites, whether they are destined for new buildings, extensions, or re-fitting work where structural timbers are required.
On the basis of Application, the global log home market is segmented into Household Market and Commercial Market.
Log homes are an attractive choice for people looking to build their own homes. These types of homes are often associated with the rural country lifestyle, but they can be an appealing option even in suburban areas where land is affordable and traditional building materials don’t make sense financially or aesthetically. Log homes are used in the commercial market for hotels, schools, restaurants, and resorts. The demand for log homes is increasing due to low cost as compared to other materials such as wood or steel which results in high-profit margins for business owners.
On the basis of Region, the global log home market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region holds a major share in this industry. The growth of demand for wood as a construction material has been driving this regional economy for the past few years. Many big companies such as Larsen Timber Group Limited (Australia) are investing heavily to expand their production capacity and increase their presence across North America. This trend is anticipated to continue during the forecast period with increasing investments by key players to expand their production capacity. The Latin American market for log homes is growing at a significant CAGR. The booming construction sector of the region, along with high demand from end-users including businesses and individuals across various geographies, has been driving this growth in recent years. The log homes market in Europe is projected to grow at a CAGR of around 11.0% from 2018 to 2028. The growth will be mainly due to factors such as the increasing demand for sustainable living and a healthy environment, growing demand for natural aesthetics and comfort, improving investment opportunities in this region along with better returns on investments than other assets, etc. The Asia Pacific log homes market is expected to witness a significant growth rate, owing to the increasing demand for natural and green living styles across the region. The increase in disposable income of consumers along with their preference towards luxurious lifestyle has resulted in increased adoption of residential buildings made up from wood such as log homes.
Up Market Research published a new report titled “Log Homes Sales Market research report which is segmented by Types (Hand-Crafted Log Homes, Manufactured or Milled Log Homes), By Applications (Household Market, Commercial Market), By Players/Companies Honka Log Homes, PALMAKO, Pioneer Log Homes of BC, Artisan Log Homes, Katahdin Cedar Log Homes, True North Log Homes, Rovaniemi, Alta Log Homes, Die Naturstammbauer, Woodworkers Shoppe, Conventry Log Homes, Artifex”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Log Homes Sales Market Research Report |
By Type | Hand-Crafted Log Homes, Manufactured or Milled Log Homes |
By Application | Household Market, Commercial Market |
By Companies | Honka Log Homes, PALMAKO, Pioneer Log Homes of BC, Artisan Log Homes, Katahdin Cedar Log Homes, True North Log Homes, Rovaniemi, Alta Log Homes, Die Naturstammbauer, Woodworkers Shoppe, Conventry Log Homes, Artifex |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 235 |
Number of Tables & Figures | 165 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Hand-Crafted Log Homes, Manufactured or Milled Log Homes and By Application Household Market, Commercial Market.
Some of the companies that are profiled in this report are:
Log Homes Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Log Homes Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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