Nigeria Wood And Timber Products Market Size & Outlook, 2025-2033
Nigeria Wood And Timber Products Market Insights
- Based on Deep Market Insights findings, the Nigeria Wood And Timber Products Market reached USD 2.92 Billion in 2024 and is estimated to attain USD 3.95 Billion by 2033.
- From 2025 to 2033, the Nigeria market is expected to grow at a steady CAGR of 3.4%.
- Within the Product Type category, Sawn Timber dominated in 2024 in terms of market size contribution.
- Over the forecast period, Plywood & Panels is forecasted to deliver the fastest growth, positioning it as the most lucrative Product Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- As of 2024, Nigeria held 0.72% of the global Wood And Timber Products Market size.
- By 2033, United States is anticipated to capture the largest share of the global Wood And Timber Products Market.
- In Middle East and Africa, United Arab Emirates is expected to lead the regional Wood And Timber Products Market size by 2033.
- Saudi Arabia will remain the fastest-growing market in Middle East and Africa, reaching USD 8.7 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 2.92 Billion |
| Market Size In 2033 | USD 3.95 Billion |
| Largest segment | Sawn Timber |
| Units | Revenue in USD Billion |
| CAGR | 3.4% (2025-2033) |
| Segmnetation Covered | |
| Product Type |
|
| End-use Industry |
|
| Grade |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Nigeria Wood And Timber Products Market Product Type 2025-2033 (USD Billion)
| Product Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sawn Timber | XX.x | XX.x | XX.x | 1.36 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Plywood & Panels | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Wood Flooring | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nigeria Wood And Timber Products Market End-use Industry 2025-2033 (USD Billion)
| End-use Industry | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Construction | XX.x | XX.x | XX.x | 1.55 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Furniture | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Packaging | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Nigeria Wood And Timber Products Market Grade 2025-2033 (USD Billion)
| Grade | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Softwood | XX.x | XX.x | XX.x | 1.65 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Hardwood | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.