Due to the growing demand for housing from Brazil’s large population, construction activity in Brazil grew rapidly during the review period. Brazil is currently facing a shortage of seven million housing units, which is expected to reach more than 12 million by 2022 due to the country’s rising population and rapid urbanization. This will drive demand for construction wood in the country during the forecast period. The Russian construction wood industry will be driven by several impending major construction projects in the country, including those in preparation for global sporting events such as the 2014 Winter Olympics and 2018 FIFA World Cup over the forecast period. In India, the commercial construction end-user market is one of the largest contributors to the Indian construction wood industry, due to its dramatic growth following the expansion of India’s information technology industry. China is the world’s largest furniture manufacturer. Its production capacity now accounts for more than 20% of global production capacity. Furthermore, wooden furniture accounts for around one-third of all the furniture manufactured in China in 2010.
Scope
This report provides an extensive analysis of the construction wood market in the BRIC countries:
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Key highlights
Reasons to buy
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