Blockboard Market Report 2026

The blockboard market size has grown strongly in recent years. It will grow from $3.71 billion in 2025 to $3.92 billion in 2026 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to expansion of residential construction activities, growing furniture manufacturing sector, increasing use of engineered wood in interiors, availability of softwood raw materials, rising preference for cost-effective wood panels.

The blockboard market size is expected to see strong growth in the next few years. It will grow to $4.85 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing demand for sustainable wood products, rising adoption of modular furniture systems, expansion of commercial interior projects, growing focus on certified wood sourcing, increasing use of engineered panels in construction. Major trends in the forecast period include increasing demand for durable furniture panels, rising adoption of warp-resistant wood panels, growing use of blockboard in modular interiors, expansion of customized panel dimensions, enhanced focus on surface finish quality.

The growing emphasis on home renovation is expected to drive the expansion of the blockboard market in the coming years. Home renovation involves enhancing or updating an existing residential property to improve its functionality, aesthetics, or overall value. This process can include repairs, remodeling, or upgrades to spaces such as kitchens, bathrooms, flooring, roofing, or even entire layouts. The interest in home renovation is increasing due to aging housing stock, prompting homeowners to modernize outdated structures for better safety, functionality, and energy efficiency. Blockboard contributes to home renovation by offering a durable, lightweight, and versatile material suitable for creating furniture, paneling, and interior décor with lasting strength and visual appeal. For example, in April 2025, Houzz Inc., a US-based software platform, reported that in 2024, over half of homeowners undertook renovations (54%) with a median expenditure of $20,000. Almost half of these homeowners employed specialty service providers (49%), up from 46% in 2022. Consequently, the rising focus on home renovation is fueling the growth of the blockboard market.

Leading companies in the blockboard market are making strategic investments, such as establishing plywood manufacturing facilities, to boost production capacity, broaden product ranges, and address the increasing demand for engineered wood products. A plywood manufacturing unit is a plant where thin layers of wood veneer are bonded under heat and pressure to create plywood sheets used in construction and furniture manufacturing. For instance, in February 2024, Gattani Industries, an India-based producer of plywood, blockboard, and other engineered wood products, launched a new decorative laminate and plywood manufacturing plant in Ahmedabad, Gujarat. The plywood unit is already functional, producing blockboards and flush doors, while laminate production is planned to start in March. Initially, the company installed a single press with a monthly capacity of 180,000 sheets, with plans to add a second press within four to five months, doubling capacity to roughly 360,000 sheets per month.

In April 2025, Century Plyboards Ltd., an India-based manufacturer and supplier of plywood, acquired Pacific Plywoods Pvt. Ltd. for an undisclosed sum. This acquisition aimed to strengthen Century Plyboards’ market presence, expand manufacturing capabilities, and enhance its product portfolio in the Indian plywood sector. Pacific Plywoods Pvt. Ltd. is an India-based manufacturer of plywood and blockboard products.

Major companies operating in the blockboard market are Merino Industries Limited, Century Plyboards (India) Limited, Greenply Industries Limited, MRS Woodcraft Private Limited, Durian Industries Limited, Caliber Plywood Private Limited, Minimax Plywood Private Limited, Duroply Industries Limited, Afyun Ply Private Limited, Kitply Industries Limited, Austin Plywood Private Limited, Raja Plywood Industries Private Limited, National Plywood Industries Limited, Bharat Plywood Private Limited, Kajaria Ply Private Limited, SV Woods Private Limited, Confors Ply Private Limited, Vimba Ply Private Limited, Shanti Wood Products Private Limited, Mampilly Plywood Industries Private Limited.

Asia-Pacific was the largest region in the blockboard market in 2025, and it is expected to be the fastest-growing region in the forecast period. The regions covered in the blockboard market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the blockboard market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The blockboard market consists of sales of products such as flush doors, wardrobes and closets, wall panels and partitions, cabinets and cupboards, and bed frames and headboards. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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