Wood is a renewable and versatile material widely used in construction, furniture, paper and energy production. Major producers include the United States, Canada, Russia and China, while the European Union represents a significant share of global output. Wood markets are affected by forest fires, pests, transport constraints and competition from steel and concrete. As demand for low-carbon construction grows, wood is increasingly valued for its environmental benefits and carbon storage potential. Sustainable forest management has become a strategic priority worldwide. Read more to discover how the wood industry balances economic performance with ecological responsibility, and why timber is regaining importance in climate-conscious construction and design.