About Log Homes
Log Homes are the houses built with horizontal logs interconnected at the corners, they are made for household and commercial purposes using either handcrafted or milled logs. The wood used in log homes helps provide some insulation which is measured by the R-value to regulate energy efficiency. R-value is the capacity of an insulating material to resist heat flow, the higher the R-value, the greater the insulating power. The log homes are solid and considered finished home, it requires no sliding, insulation or drywall, it is a full scribe log home which can take from 1-4 months to build the log homes depending on the design requirements.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Log Homes market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Log Homes Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that Canadian and Finland Manufacturers will contribute the maximum growth to Global Log Homes market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honkarakenne Oyj (Finland), Palmako (Estonia), Timberhaven Log & Timber Homes (United States), Rumax Log Houses (Russia), Pioneer Log Homes of BC (Canada), Artisan Log Homes (Canada), Rovaniemi (Finland), Kuusamo Log Houses (Finland), Artifex (Switzerland), Katahdin Cedar Log Homes (United States) and Chiemgauer Holzhaus (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are P. Lienbacher Holzbauwerk GmbH (Austria), Four Seasons Log Homes (Canada) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Log Homes market by Type (Hand-Crafted Log Homes and Manufactured or Milled Log Homes), Application (Household and Commercial) and Region.
On the basis of geography, the market of Log Homes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Round logs will boost the Log Homes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Wood, the sub-segment i.e. Cedar will boost the Log Homes market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Timber Homes which are the most Energy-Efficient and have the Lowest Carbon Footprint and Technological Advancements in Log Homes
Market Growth Drivers:
Increasing Awareness of Healthy, Stress-free and Sustainable Living as Log Homes are found in Comparatively lesser Crowded areas and Growing Interest of People towards Travelling and Vacation Homes
Challenges:
Difficulty in finding the Insurance providers since Log Homes are more Expensive and Insurer Might Hesitate to Insure the Property for its full value
Restraints:
Building and Maintaining the Log Homes can be Expensive than the Building of Brick Homes, Lesser Demand for Log homes can be a Problem while Selling for this Market and Climatic Conditions and Pest can be the Problem for Log Homes
Opportunities:
Innovation in Design, Material, and Technology can Benefit the Log Homes Market
Market Leaders and their expansionary development strategies
In September 2022, Ethos Partners has acquired Norwegian Log, a UK-based designer and manufacturer of premium log cabins and buildings.
In July 2019, the Honkarakenne Oyj announced that they will actualize the nursing home made of the log with 20 available places for the elderly for Palvelukoti Kotokaari Oy in Karvia, Finland. This nursing log home is over 800 square meters in size per story and Honkarakenne Oyj actualized it with a turnkey contract model.
"According to the National Association of Home Builders’ Log and Timber Homes Council, for fire-resistance ICC400 sets a prescriptive requirement that a log wall used for 1-hour fire separation has a minimum dimension of 6' at the narrowest width of the log profile. For other fire resistance, the log wall can follow calculations in the AF&PA National Design Specification (NDS) for Wood Construction. And for wall protection using roof projection, roof overhang minimum requirements are designed to minimize repeated wetting of lower log courses that generate deterioration of the finish and wood surface. Options are presented to eliminate splashback on the wall from lower horizontal surfaces (e.g., a porch roof, balcony, deck, or any individual log member). The extension of the roof overhang shall be measured horizontally from the face of the exterior wall to the drip line at the edge of the overhang."
Key Target Audience
Log Homes Manufacturers, Log Homes Distributors and Suppliers, Log Homes International Traders, Log Homes Industry Associations, Research and Development Institutes, Financial institutes and Venture Capital, Upstream and Downstream Buyers and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.