“Wood is flying again, [and]demand should be healthy going forward,” Swetlishoff said in the article.

Investors interested in the wood market can gain exposure through ETFs that track global timber-related companies, such as the Guggenheim Timber ETF (NYSEArca: CUT) and iShares Global Timber & Forestry ETF (NYSEArca: WOOD). Both funds include exposure to companies that own or lease forested land and harvest the timber for commercial use and sale of wood-based products.

CUT allocates 30.7% to the U.S. and 11.9% to Canadian companies, including a 8.4% weight in Smurfit Kappa Group (SMFTF), 6.1% in West Fraser Timber (WFTBF) and 5.5% in Svenska Cellulosa. WOOD has a 48.6% weight toward the U.S. and 14.0% toward Canada, including a 8.3% allocation in Plum Creek Timber (NYSE: PCL), 8.1% in Rayonier (NYSE: RYN) and 7.8% in Weyerhaeuser (NYSE: WY). [Timber ETFs on the Move Higher]

The Guggenheim ETF is down 5.0% year-to-date but has gained 8.4% over the past year. The iShares fund is down 5.3% this year, but it is still up 14.6% over the past year.

For more information on the lumber industry, visit our timber category.

Max Chen contributed to this article.