The Europe timber construction connectors market size was estimated at USD 344.1 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2030. This growth can be attributed to the growing demand for wood-based construction. The eco-friendly nature of wood structures along with its benefits, such as reduced CO2 emissions, reduced carbon consumption, and biophilic design, is expected to drive the construction projects and thus, benefit the growth of the market. Wood frame and heavy timber buildings require durable and rigid fastening components to keep the beams and panels intact along with the design.
Timber connectors are assemblies that can connect two or more wooden components with metal plates and fasteners like nails, screws, and dowels. Therefore, a rise in the demand for wood-based residential and commercial construction projects is expected to increase the demand for connectors. Germany is anticipated to be the largest contributor to the total share of Europe timber construction connector industry over the forecast period. This can be attributed to the high penetration of wood-based houses in the country and the increasing trend of eco-friendly constructions. In 2023, the government of Germany introduced the Housing Construction Campaign to deal with the rising prices and shortage of housing in the country. This is expected to aid the growth of the construction industry and support the demand for timber connectors.
Prominent manufacturers have been adopting various strategies, such as new product developments, partnerships & collaborations, and expansions, to maximize their market penetration and cater to the changing technological requirements of end-use industries. Moreover, companies are investing continuously in R&D to develop customized hangers and holding plates that can be connected without fasteners.
Based on application, the residential segment held the largest revenue share in 2022 and is anticipated to register a CAGR of 13.7% over the forecast period. Timber is sustainable and aesthetically pleasing in residential applications. Therefore, increasing awareness regarding timber construction is projected to drive wooden construction significantly in the upcoming years and further support the demand for timber construction connectors in the region.
Germany and Sweden have a significant number of active wooden constructions, especially for single-family residential homes, and are likely to upscale projects in line with the growing demand from end-users. Positive trends in the wooden construction segment in Europe are expected to create a wide scope for timber construction, which is expected to have a positive impact on the market.
The commercial segment is anticipated to grow at the fastest CAGR of 14.1% over the forecast period. Modern trends for aesthetic improvements have penetrated the utilization of wooden structural components in various commercial units, which is supporting the demand for timber construction connectors.
Commercial construction covers large buildings or a cluster of buildings that requires large-sized wooden beams and frames. These wooden components require strong bonding materials to keep the building structures intact. Moreover, growing environmental concerns coupled with initiatives taken by multinational organizations to reduce Co2 levels have increased the adoption of wood-based construction, thereby, increasing the product demand.
Based on product, the market is segmented into timer-to-timber connectors, timber to masonry connectors, and others. Timber to timber connectors led the market in 2022 with the largest revenue share of 85.6%. Split rings that are inserted in grooves, which have already been cut are included in these types of connectors used in building applications. These rings are placed in split-shaped grooves between several pieces of lumber. They lessen tension at structural connecting locations. The ring mechanism of timber-to-timber connectors permits the development of synchronized bearings at the inner surface of rings while the remaining part is fixed in the outer wall.
The timber to masonry connectors segment is anticipated to grow at a CAGR of 12.7% over the forecast period. The key components used for connecting timber to masonry include angle brackets, joist hangers, restraint straps, and other standard plates. These products are manufactured in a variety of shapes and sizes to match the requirements of construction projects as the beam size is not specified across wood construction.
Specialized hangers are commercially available and can be used as mild joints with insulated concrete forms in wooden structures. They can also be used to attach heavy wooden beams with masonry walls to ensure the strength of the overall wooden structure.
Germany dominated the market with a revenue of USD 97.4 million in 2022. The Germany market is further expected to grow at a CAGR of 13.5% over the forecast period owing to significant investment in infrastructure and building & construction sectors. The government of Germany has commenced several initiatives to develop the housing market in the country. This is anticipated to boost the growth of the construction industry, thereby bolstering the demand for timber construction connectors.
The demand for timber construction connectors in France is anticipated to grow at the fastest CAGR of 14.1% over the forecast period. A gradual reduction in corporate tax, coupled with supporting financing conditions, is projected to boost business investments in France. These trends are anticipated to drive the construction of commercial buildings in the country, thereby augmenting the demand for wood-based construction.
Moreover, the government of France has mandated the inclusion of 50% wood in new public buildings by 2022, thus supplementing the demand for wood structures in construction applications and supporting the demand for timber construction connectors in the country.
The wooden construction industry in Russia is expected to witness rapid expansion over the forecast period owing to a rise in the demand for single houses, and individual buildings, and the abundant availability of raw materials for wood construction. As per the reports by Nordregio Magazine (Nordic & Northwest Russia cooperation on wood and construction), single wooden housing units in Russia occupy over 22% of the construction projects, which is equivalent to 76 million square meters of area. The wooden construction has maintained the demand for timber construction connectors in the country.
The market consists of key players such as Simpson Strong-Tie Company, Inc., MiTek, Inc., Knapp GmbH, E.u.r.o.Tec GmbH, BPC Building Products Limited, and Cullen Timber Engineering Connectors. The players in the market are involved in adopting many strategies such as product launches, investments, and generating funds to further expand production.
In October 2022, SHERPA Connection Systems GmbH announced a new sound insulation product named SONUS. The product offers high load capacity, easy assembly, and high sound decoupling. SONUS is available in two major sizes, Sonus M with 22 pcs comb nails and Sonus L with 48 pcs comb nails. The introduction of such products is expected to help the company attract end-users in timber construction.
Report Attribute |
Details |
Market size value in 2023 |
USD 387.7 million |
Revenue forecast in 2030 |
USD 951.6 million |
Growth rate |
CAGR of 13.6% from 2023 to 2030 |
Base year for estimation |
2022 |
Actual estimates/Historical data |
2018 - 2021 |
Forecast period |
2023 - 2030 |
Quantitative units |
Revenue in USD million and CAGR from 2023 to 2030 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Product, application, region |
Regional scope |
Europe |
Country scope |
U.K.; Germany; France; Norway; Finland; Denmark; Sweden |
Key companies profiled |
Simpson Strong-Tie Company, Inc.; MiTek, Inc.; Knapp GmbH; E.u.r.o.Tec GmbH; BPC Building Products Limited; Cullen Timber Engineering Connectors; GH Baubeschlöge GmbH; Pitzl Metallbau GmbH & Co. KG; BeA Timber Connectors; BTS Befestigungselemente-Technik GmbH |
Customization scope |
Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Europe timber construction connectors market report based on product, application, and region:
Product Outlook (Revenue, USD Million, 2018 - 2030)
Timber to Timber
Timber to Masonry
Others
Application Outlook (Revenue, USD Million, 2018 - 2030)
Residential
Commercial
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
Europe
U.K.
Germany
France
Norway
Finland
Denmark
Sweden
b. The Europe timber construction connectors market size was estimated at USD 344.1 million in 2022 and is expected to reach USD 387.7 million in 2023.
b. The Europe timber construction connectors market is expected to grow at a compound annual growth rate of 13.6% from 2023 to 2030 to reach USD 951.6 million by 2030.
b. The residential application segment of the market accounted for the largest revenue share of 63.0% in 2022 owing to rising construction of residential units across the region on account of increasing population. Furthermore, growing trend of wood construction in residential units is further supporting the demand for timber construction connectors.
b. Some of the key players operating in the Europe timber construction connectors market include Simpson Strong-Tie Company, Inc., MiTek, Inc., Knapp GmbH, E.u.r.o.Tec GmbH, BPC Building Products Limited, and Cullen Timber Engineering Connectors.
b. The key factors that are driving the Europe timber construction connectors market includes growing construction industry in the Europe coupled with use of wood in construction sector owing to its eco friendly nature.
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