Plywood: Softwood & Hardwood
US demand for plywood is forecast to increase 1.7% annually through 2024 to $6.7 billion. While demand will drop in 2020 due to the COVID-19 pandemic, gains between 2021 and 2024 will be driven by increased residential construction spending and the growing in manufacturing applications such as furniture.
This report analyzes plywood demand by application and market in square feet (3/8-inch basis) and US dollars.
Demand by product is provided for:
Softwood Plywood
Hardwood Plywood
Demand by application is provided for the following segments:
Construction (Cabinets, Finish Flooring, Roofing, Siding, Subflooring, Wall Sheathing)
Industrial (Furniture, Materials Handling, Transportation)
Plywood demand is also shown by market:
New Residential
Residential Renovation
New Commercial
Commercial Renovation
Manufacturing
Scope of the Report
This report examines the scope, size, and growth of the plywood industry in square feet and dollars, and analyzes key trends by product, application, and market. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Also provided is an analysis of key industry players.
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