Global Plywood Market Growth 2023-2029

Global Plywood Market Growth 2023-2029

Plywood is a sheet material manufactured from thin layers or "plies" of wood veneer that are glued together with adjacent layers having their wood grain rotated up to 90 degrees to one another. Plywood has been one of the most recognized and trusted wood building products for decades. Manufactured from thin sheets of cross-laminated veneer and bonded under heat and pressure with strong adhesives, plywood panels have superior dimensional stability and an excellent strength-to-weight ratio and are highly resistant to impacts, chemicals, and changes in environmental temperature and humidity.

LPI (LP Information)' newest research report, the “Plywood Industry Forecast” looks at past sales and reviews total world Plywood sales in 2022, providing a comprehensive analysis by region and market sector of projected Plywood sales for 2023 through 2029. With Plywood sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plywood industry.

This Insight Report provides a comprehensive analysis of the global Plywood landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plywood portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plywood market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plywood and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plywood.

The global Plywood market size is projected to grow from US$ 74320 million in 2022 to US$ 88280 million in 2029; it is expected to grow at a CAGR of 88280 from 2023 to 2029.

China is the largest market with about 64% market share. United States is follower, accounting for about 9% market share.

The key players are UPM, SVEZA, Georgia-Pacific, Samkotimber, West Fraser, Greenply Industries, Metsa Wood, Rimbunan Hijau, Samling, Syktyvkar plywood mill, Weyerhaeuser, Swanson Group, Potlatch Corporation, Roseburg, Demidovo plywood mill, Columbia Forest Products, Penghong, Xingang, DeHua, Shengyang, Happy Group, Luli, King Coconut, Ganli, Xuzhou Guanfei Wood etc. Top 3 companies occupied about 1% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Plywood market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Softwood Plywood
Hardwood Plywood
Tropical Plywood
Aircraft Plywood
Decorative Plywood (Overlaid Plywood)
Flexible Plywood
Marine Plywood
Other Types

Segmentation by application
Furniture Industry
Interior Decoration
Engineering and Construction
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
UPM
SVEZA
Georgia-Pacific
Samkotimber
West Fraser
Greenply Industries
Metsa Wood
Rimbunan Hijau
Samling
Syktyvkar plywood mill
Weyerhaeuser
Swanson Group
Potlatch Corporation
Roseburg
Demidovo plywood mill
Columbia Forest Products
Penghong
Xingang
DeHua
Shengyang
Happy Group
Luli
King Coconut
Ganli
Xuzhou Guanfei Wood

Key Questions Addressed in this Report

What is the 10-year outlook for the global Plywood market?

What factors are driving Plywood market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Plywood market opportunities vary by end market size?

How does Plywood break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.