Japan: Drivers of Construction Lumber and Engineered Wood Demand in Japan
Construction sector has been the primary consumer of softwood lumber and engineered wood products in Japan. Japan’s long-term demographic trends coupled with COVID-19-induced economic downturn underlie a stark outlook for the country's housing starts. Future policy developments in building standards and sustainability criteria may promote softwood market expansion in the areas of nonresidential construction and biomass utilization.
Japan: Drivers of Construction Lumber and Engineered Wood Demand in Japan