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CLT market forecast to reach $880Mn by 2022

CLT, market, CAGR, growth

The global cross-laminated timber market is expected to reach US$880Mn by 2022. According to the latest report, Cross-Laminated Timber Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2022, by IMARC Group, robust growth can be attributed to the green building movement that is gaining momentum all across the …

Global engineered wood market to reach $41.2bn by 2022

engineered wood, CAGR, growth

The global engineered wood market is estimated to reach $41.2bn by 2022, growing at a CAGR of 24.8 percent from 2016 - 2022. North America and Europe account for nearly 70 percent of global engineered wood production and will continue to maintain high CAGRs, according to a new report from market research firm Allied Market Research (AMR). Demand …

MENA hospitality sector CAGR to grow 7.6% over 2015-2020

MENA, hospitality, CAGR

The long-term outlook for MENA remains robust with the market expected to grow at a CAGR of 7.6% from an estimated US$25.4 billion in 2015 to US$36.7 billion in 2020, according to Alpen Capital's 'GCC Hospitality Industry Report'. Measures are in place to diversify the economy to buffer against low oil prices and currency …

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