Advancing Timber Technologies towards A Sustainable & Resilient Future
Overview
The global timber and timber product industry has been experiencing remarkable growth. In 2022, the trade volume reached an impressive 1.7 billion cubic meters, indicating a thriving market. Valued at USD 6470.15 million in 2021, the industry is projected to expand at a CAGR of 3.39%, reaching USD 7904.05 million by 2027. This growth is closely tied to the demand of wood input in the construction industry, and its various applications in the furniture, packaging, and joinery industries.
While the industry is thriving, it faces challenges that demand global attention. Deforestation concerns and strict regulations pose significant obstacles to sustainable practices. However, innovation is paving the way for solutions.
The timber industry is witnessing exciting innovations that hold immense promise. Mass Timber, an emerging technology, offers a sustainable and versatile alternative to traditional construction materials. Additionally, the use of cellulose and nanocellulose derived from natural materials, like wood pulp, is opening new avenues for sustainable product development. These innovations not only address environmental concerns but also create opportunities for expansion and sustainability within the industry.
The Global Timber Conference 2024 is designed for industry leaders, researchers, and innovators to converge and explore innovation and technology in advanced materials, transcending conventional norms in both structural and non-structural aspects of the timber industry. Strategies for uplifting the timber sector will be unveiled, fostering collaboration among researchers, innovators, and industry players to forge a sustainable future. With a focus on positioning timber as a game-changer in construction and furniture, the conference aims to reshape these sectors through fresh insights and strategic alignment, embracing a new era for timber.
