- Manufacturers
The 15 Largest Forestry Companies in the World (2026 Update)
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The largest forestry company globally is Oji Paper Company, reporting a revenue of $13.1 billion and a net income of $820.3 million.
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As of 2026, the global forestry and logging industry boasts a market size of $1.2 trillion.
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The U.S. forestry sector employs approximately 950,000 individuals.
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The global forestry industry is projected to expand at a CAGR of 5.4% through 2030.
The forestry industry plays a crucial role in the U.S. economy, employing around 950,000 individuals and contributing to an annual payroll income exceeding $54 billion.
Additionally, this sector intersects with vital industries such as logging, wood product manufacturing, and construction, making its growth and stability essential.
For investors and professionals in the forestry sector, understanding the top companies and their success strategies is imperative. This article delves into the 15 largest forestry companies globally, providing insights into their operations and market positioning.
Here are the 15 largest forestry companies:
The 15 Largest Forestry Companies in the World
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Oji Paper Company
Headquarters: Tokyo, Japan
Stock ticker: TYO: 3861
Market cap: $5.6 billion
2022 Revenue: $13.1 billion
Net income: $820.3 millionOji Paper is Japan’s largest player in the forestry, packaging, and paper sector, managing over four million acres of forest land across countries including Australia, Canada, and Brazil. Their primary products include paper for writing, printing, and packaging, along with chemicals produced as byproducts during manufacturing. All forestry operations occur outside Japan, with production taking place in 86 facilities within the country. The company employs over 36,034 workers across 156 subsidiaries.
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Stora Enso Oyj
Headquarters: Helsinki, Finland
Stock ticker: STEAV
Market cap: $9.73 billion
2022 Revenue: $12.5 billion
Net Income: $1.49 billionStora Enso, among the world’s largest forestry and wood products companies, was formed from the merger of Finnish Enso Oyj and Swedish mining company Stora in 1998. Known as the oldest limited liability company, Stora Enso has significantly expanded its operations, especially in China, while focusing on research in deep learning and artificial intelligence through its joint venture, Combient. The company owns extensive forest land across Sweden, Finland, and Russia for manufacturing and distributing wood products.
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Headquarters: British Columbia, Canada
Stock ticker: WFG
Market cap: $6.3 billion
2022 Revenue: $9.70 billion
Net income: $1.97 billionFounded by three brothers in 1955, West Fraser Timber has become North America’s largest lumber producer. The company manages over eight million hectares of forest land and employs 5,000 workers in Canada and 8,600 globally. It also engages in leasing portions of its land for research and recreational purposes.
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Headquarters: Seattle, Washington
Stock ticker: WY
Market cap: $8.9 billion
2022 Revenue: $10.184 billion
Net income: $582 millionWeyerhaeuser, a leader in forestry and wood products, operates in three major segments: Timberlands, Wood Products, and Energy and Natural Resources. They manage over 12 million acres of timberland in the U.S. and Canada, producing a variety of products, including furniture and construction materials. The company recently downsized to focus on its core operations and employs about 9,300 workers.
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Headquarters: Grand Rapids, Michigan
Stock ticker: UFPI
Market cap: $4.88 billion
2022 Revenue: $9.62 billion
Net income: $132.59 millionEstablished in 1955, Universal Forest Products specializes in manufacturing construction materials without owning raw land. The company employs around 14,000 workers and has diversified its offerings to include industrial packaging materials and home improvement products.
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Headquarters: Livonia, Michigan
Stock ticker: MAS
Market cap: $10.52 billion
2022 Revenue: $8.68 billion
Net Income: $837 millionMasco operates in the forestry and home improvement sectors, with a significant portion of its revenue derived from consumer products. The company employs over 26,000 workers and owns several major brands, including LifeStyle Furnishings International.
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Klabin
Headquarters: São Paulo, Brazil
Stock ticker: KLBN3/KLBN4
Market cap: $22.13 billion
2021 Revenue: $4.32 billion
Net income: $470 millionKlabin is Brazil’s largest packaging paper manufacturer, with a commitment to sustainable practices. The company operates 17 industrial plants across South America and is self-sufficient in wood with vast landholdings.
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Headquarters: Nashville, Tennessee
Stock ticker: LPX
Market cap: $4.29 billion
2022 Revenue: $4.02 billion
Net income: $1.086 billionLouisiana-Pacific, founded in 1972, is the largest producer of oriented strand board (OSB) and operates 24 sawmills throughout North America, Brazil, and Canada, focusing on engineered wood products.
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Holmen AB
Headquarters: Stockholm, Sweden
Stock ticker: HOLM A/B
Market cap: $6.85 billion
2022 Revenue: $2.34 billion
Net income: $587.07 millionHolmen AB is a key player in Sweden’s forestry, pulp, and paper industries, focusing on sustainable practices. The company produces a variety of wood products including paperboard and sawn timber.
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Canfor Corporation
Headquarters: British Columbia, Canada
Stock ticker: CFP
Market cap: $2.63 billion
2021 Revenue: $2.188 billion
Net income: -$11.3 billionCanfor produces engineered wood products and softwood lumber, with a focus on sustainability. The company sources lumber from over 10 million acres of public land in Canada.
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Tolko Industries Ltd.
Headquarters: British Columbia, Canada
Stock ticker: N/A
Market cap: N/A
2021 Revenue: $1.79 billion
Net income: N/ATolko is a major producer of sawn wood and plywood in Canada, known for its sustainable practices. The company recently expanded into the U.S. market through a joint partnership.
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Duratex
Headquarters: São Paulo, Brazil
Stock ticker: DTEX3
Market cap: $2.54 billion
2021 Revenue: $1.2 billion
Net income: $340 millionDuratex is the largest producer of wood panels in the Southern Hemisphere, manufacturing various reconstituted wood products. The company is partially self-sufficient in wood through its certified forests.
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Headquarters: Anderson, California
Stock ticker: N/A
Market cap: N/A
2021 Revenue: $830 million
Net income: $500 millionSierra-Pacific is a privately-owned company managing nearly 1.9 million acres of timberland, producing various wood products, and leasing land for recreational activities. It’s the second-largest lumber producer in the U.S.
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Holzindustrie Schweighofer
Headquarters: Vienna, Austria
Stock ticker: N/A
Market cap: N/A
2021 Revenue: $621 million
Net income: N/AHolzindustrie Schweighofer operates in the forestry and bioenergy sectors. The company produces timber and biofuels, primarily in Romania, and is recognized for its innovative practices.
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Headquarters: Atlanta, Georgia
Stock ticker: N/A
Market cap: N/A
2021 Revenue: $160 million
Net income: N/AGeorgia-Pacific is a leading supplier of sawn wood, producing a substantial volume annually. The company owns over nine million acres of forest land and operates under various well-known brands, employing over 35,000 workers across North America, South America, and Europe.
In conclusion, the forestry industry continues to adapt and thrive, with the largest companies leading the way in sustainability and innovation. Understanding the operations and market dynamics of these key players is vital for anyone interested in the field, whether you’re an investor or a professional seeking opportunities. The future of forestry is promising, driven by advancements in technology and a growing emphasis on environmental stewardship.
- Manufacturers
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
