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U.S. Plywood Market Size, Share & Trends Analysis Report By End-use (Residential, Commercial), By Application (Structural, Non-Structural), By Region, And Segment Forecasts, 2022 - 2030

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    Report

  • 108 Pages
  • November 2022
  • Region: United States
  • Grand View Research
  • ID: 5702189
The U.S. plywood market size is expected to reach USD 15.59 billion by 2030. It is anticipated to expand at a CAGR of -1.9% from 2022 to 2030. The growth is positively impacted by the growth of the organized retail segment, including super-market, hyper-markets, and departmental stores, which also contributed to the growth of commercial buildings.

The construction industry in the U.S. has been a significant contributor to the country’s growth and development of construction and real estate industries had been growing consistently till the outbreak of COVID-19. However, post the outbreak, the global economic flow was disrupted. Hence, to revive the market, several construction projects were launched in 2021 and 2022.

Refurbishment includes renovation and remodeling of old buildings to make them energy-efficient, visually pleasing, and sustainable. In this process, maintenance, replacement, and repair of buildings and building components are made to give the structure a longer life. This involves changing of windows & doors, structural alterations & modifications, and making the structure aesthetically more pleasing.

The real estate market in the U.S. is already more developed compared to most countries. The lifespan of a building ranges from 31 to 50 years after its completion; hence, once the structure becomes old, its quality and strength are compromised. If such buildings are not put through regular maintenance and care, they prove to be a threat to the residents. Hence, the majority of old buildings are renovated and refurbished regularly to ensure a longer life and safety of the inhabitants. This is triggering the demand for plywood in the construction sector and contributing to the growth of plywood in the U.S.

The refurbishment has become a common practice in urban areas due to changing consumer tastes and market trends and increasing disposable income. The people are actively investing and reinvesting to modify their places of work and business to please the customers and keep up with varying customer tastes. The increasing rate of fire accidents and electrical mishaps is also responsible for increased refurbishment within the region, along with the demand for plywood in the U.S.

Since the outbreak of COVID-19, there has been disruption along the supply lines, which has resulted in price fluctuations in the U.S. market. The prices of wood and adhesives have been increasing over the last year, due to which the cost of manufacturing plywood has increased. However, it is expected that prices to come down and reach the pre-pandemic level over the forecast period.

The U.S. plywood industry is fragmented by the presence of large-, medium-, and small-sized players. The plywood quality and price differentiation among market players are low, which results in plywood manufacturers striving for higher market dominance. This can result in intense competitive rivalry among vendors. Moreover, with growing investments in the refurbishment of commercial structures, the market rivalry is expected to increase over the forecast period.

U.S. Plywood Market Report Highlights

  • The structural application segment accounted for 68.6% of the revenue share in 2021 due to its application for sheathing, bracing for roofs and floors, storage decks, hoardings, packing crates, outdoor furniture, and playing equipment
  • The furniture segment of the non-structural segment accounted for the largest revenue share of 40.5% in 2021. This is attributed to the U.S. furniture manufacturing industry is one of the major markets for hardwood plywood
  • The residential segment in the U.S. is expected to account for 64.6% of the total revenue share by 2030. This is due to the growing applications of plywood in residential constructions for furniture, interiors, and modifications
  • The commercial segment in the U.S. accounts for 33.8% of the revenue share in 2021. The increasing number of new commercial buildings in the U.S. is expected to drive the demand over the coming years
  • The Southern region is expected to reach 55.5% of the total revenue share in 2021, as the big economies such as Texas, Virginia, Florida, and Georgia witness an increase in population along with a high standard of living

Table of Contents

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Insights
Chapter 3. U.S. Plywood Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. U.S. Plywood Market - Penetration & Growth Prospect Mapping
3.3. U.S. Plywood Market - Industry Value Chain Analysis
3.4. Technology Overview
3.5. Regulatory Framework
3.6. Economic Analysis
3.7. Market Dynamics
3.7.1. Market Drivers Analysis
3.7.1.1. Rapidly Rising Construction Activities
3.7.1.2. Rising Refurbishment Activities
3.7.2. Market Restraint Analysis
3.7.2.1. Plywood Manufacturing Contributes to Environmental Degradation
3.8. Industry Analysis - PESTEL
3.8.1. Political Landscape
3.8.2. Environmental Landscape
3.8.3. Social Landscape
3.8.4. Technology Landscape
3.8.5. Economic Landscape
3.8.6. Legal Landscape
3.9. Industry Analysis - Porter’s Five Forces Model
3.9.1. Supplier Power
3.9.2. Buyer Power
3.9.3. Threat of Substitution
3.9.4. Threat of New Entrants
3.9.5. Competitive Rivalry
3.10. U.S. Import and Export Statistics
3.10.1. Export Data (USD Thousand)
3.10.2. Export Data (Thousand Cubic Meter)
3.10.3. Import Data (USD Thousand)
3.10.4. Import Data (Thousand Cubic Meter)
Chapter 4. U.S. Plywood Market: Application Estimates & Trend Analysis
4.1. Definition & Scope
4.2. U.S. Plywood Market: Application Movement Analysis, 2021 & 2030
4.3. Structural
4.3.1. U.S. Plywood Market Estimates and Forecasts, By Structural Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4. Non-structural
4.4.1. U.S. Plywood Market Estimates and Forecasts, By Non-Structural Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4.2. Furniture
4.4.2.1. U.S. Furniture Market Estimates and Forecasts, By Plywood Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4.3. Kitchen Cabinet
4.4.3.1. U.S. Plywood Market Estimates and Forecasts, By Kitchen Cabinet Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4.4. Flooring
4.4.4.1. U.S. Plywood Market Estimates and Forecasts, By Flooring Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4.5. Container Floor
4.4.5.1. U.S. Plywood Market Estimates and Forecasts, By Container Floor Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
4.4.6. Others
4.4.6.1. U.S. Plywood Market Estimates and Forecasts, By Other Application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Chapter 5. U.S. Plywood Market: End-use Estimates & Trend Analysis
5.1. Definition & Scope
5.2. U.S. Plywood Market: End-use Movement Analysis, 2021 & 2030
5.3. Residential
5.3.1. U.S. Plywood Market Estimates and Forecasts, By Residential End-Use, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
5.4. Commercial
5.4.1. U.S. Plywood Market Estimates and Forecasts, By Commercial End-Use, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Chapter 6. U.S. Plywood Market: Regional Estimates & Trend Analysis
6.1. Definition & Scope
6.2. U.S. Plywood Market: Regional Movement Analysis, 2021 & 2030
6.3. Northeast
6.3.1. Northeast U.S. Plywood Market Estimates and Forecasts, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
6.3.2. Northeast U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (USD Million)
6.3.3. Northeast U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (Thousand Cubic Meter)
6.3.4. Northeast U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (USD Million)
6.3.5. Northeast U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (Thousand Cubic Meter)
6.3.6. Northeast U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (USD Million)
6.3.7. Northeast U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (Thousand Cubic Meter)
6.4. Midwest
6.4.1. Midwest U.S. Plywood Market Estimates and Forecasts 2017 - 2030 (USD Million) (Thousand Cubic Meter)
6.4.2. Midwest U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (USD Million)
6.4.3. Midwest U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (Thousand Cubic Meter)
6.4.4. Midwest U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (USD Million)
6.4.5. Midwest U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (Thousand Cubic Meter)
6.4.6. Midwest U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (USD Million)
6.4.7. Midwest U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (Thousand Cubic Meter)
6.5. South
6.5.1. South U.S. Plywood Market Estimates and Forecasts 2017 - 2030 (USD Million) (Thousand Cubic Meter)
6.5.2. South U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (USD Million)
6.5.3. South U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (Thousand Cubic Meter)
6.5.4. South U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (USD Million)
6.5.5. South U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (Thousand Cubic Meter)
6.5.6. South U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (USD Million)
6.5.7. South U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (Thousand Cubic Meter)
6.6. West
6.6.1. West U.S. Plywood Market Estimates and Forecasts 2017 - 2030 (USD Million) (Thousand Cubic Meter)
6.6.2. West U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (USD Million)
6.6.3. West U.S. Plywood Market Estimates & Forecasts, By End-use, 2017 - 2030 (Thousand Cubic Meter)
6.6.4. West U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (USD Million)
6.6.5. West U.S. Plywood Market Estimates & Forecasts, By Application, 2017 - 2030 (Thousand Cubic Meter)
6.6.6. West U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (USD Million)
6.6.7. West U.S. Plywood Market Estimates & Forecasts, By Non-Structural Application, 2017 - 2030 (Thousand Cubic Meter)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Vendor Landscape
7.2.1. List of Key Distributors and Channel Partners
7.3. Company/Competition Categorization
7.4. Company Market Position Analysis
7.5. List of Key Emerging Companies’/Technology Disruptors/Innovators
Chapter 8. Company Profiles
8.1. Georgia Pacific
8.1.1. Company Overview
8.1.2. Product Benchmarking
8.1.3. Strategic Initiatives
8.2. PotlatchDeltic Corporation
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.3. Weyerhaeuser Company Ltd.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.4. Boise Cascade Company
8.4.1. Company Overview
8.4.2. Product Benchmarking
8.4.3. Strategic Initiatives
8.5. Roseburg Forest Products
8.5.1. Company Overview
8.5.2. Product Benchmarking
8.5.3. Strategic Initiatives
8.6. West Fraser
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. Columbia Forest Products
8.7.1. Company Overview
8.7.2. Product Benchmarking
8.7.3. Strategic Initiatives
8.8. RoyOMartin
8.8.1. Company Overview
8.8.2. Product Benchmarking
8.9. Timber Products Company
8.9.1. Company Overview
8.9.2. Product Benchmarking
8.10. Coastal
8.10.1. Company Overview
8.10.2. Product Benchmarking
8.10.3. Strategic Initiatives
8.11. Hood Industry
8.11.1. Company Overview
8.11.2. Product Benchmarking
8.11.3. Strategic Initiatives
8.12. BlueLinx
8.12.1. Company Overview
8.12.2. Financial Performance
8.12.3. Product Benchmarking
8.13. South Coast Lumber Co. & Affiliates
8.13.1. Company Overview
8.13.2. Product Benchmarking
List of Tables
Table 1 U.S. plywood market estimates and forecasts, by structural application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 2 U.S. plywood market estimates and forecasts, by non-structural application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 3 U.S. plywood market estimates and forecasts, by furniture application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 4 U.S. plywood market estimates and forecasts, by kitchen cabinet application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 5 U.S. plywood market estimates and forecasts, by flooring application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 6 U.S. plywood market estimates and forecasts, by container floor application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 7 U.S. plywood market estimates and forecasts, by other application, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 8 U.S. plywood market estimates and forecasts, by residential end-use, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 9 U.S. plywood market estimates and forecasts, by commercial end-use, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 10 Northeast U.S. plywood market estimates and forecasts, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 11 Northeast U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (USD Million)
Table 12 Northeast U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (Thousand Cubic Meter)
Table 13 Northeast U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 14 Northeast U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (Thousand Cubic Meter)
Table 15 Northeast U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (USD Million)
Table 16 Northeast U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (Thousand Cubic Meter)
Table 17 Midwest U.S. plywood market estimates and forecasts, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 18 Midwest U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (USD Million)
Table 19 Midwest U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (Thousand Cubic Meter)
Table 20 Midwest U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 21 Midwest U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (Thousand Cubic Meter)
Table 22 Midwest U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (USD Million)
Table 23 Midwest U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (Thousand Cubic Meter)
Table 24 South U.S. plywood market estimates and forecasts, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 25 South U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (USD Million)
Table 26 South U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (Thousand Cubic Meter)
Table 27 South U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 28 South U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (Thousand Cubic Meter)
Table 29 South U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (USD Million)
Table 30 South U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (Thousand Cubic Meter)
Table 31 West U.S. plywood market estimates and forecasts, 2017 - 2030 (USD Million) (Thousand Cubic Meter)
Table 32 West U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (USD Million)
Table 33 West U.S. plywood market estimates & forecasts, by end-use, 2017 - 2030 (Thousand Cubic Meter)
Table 34 West U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (USD Million)
Table 35 West U.S. Plywood market estimates & forecasts, by application, 2017 - 2030 (Thousand Cubic Meter)
Table 36 West U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (USD Million)
Table 37 West U.S. Plywood market estimates & forecasts, by non-structural application, 2017 - 2030 (Thousand Cubic Meter)
List of Figures
Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Segmental Outlook
Fig. 8 Competitive Outlook
Fig. 9 U.S. Plywood Market - Segmentation & Scope
Fig. 10 U.S. plywood market - Penetration & growth prospect mapping
Fig. 11 U.S. plywood market - Industry value chain analysis
Fig. 12 U.S. Economic Indicators (2017 - 2021)
Fig. 13 U.S. Plywood Market Driver Impact Analysis
Fig. 14 U.S. Annual Value of Construction Industry (In Millions) (2017 - 2021)
Fig. 15 U.S. Plywood Market Driver Impact Analysis
Fig. 16 U.S. Plywood Market: Application Movement Analysis, 2021 & 2030
Fig. 17 U.S. Plywood Market: End-Use Movement Analysis, 2021 & 2030
Fig. 18 U.S. plywood market: Regional movement analysis, 2021 & 2030
Fig. 19 Competitive dashboard analysis
Fig. 20 Companies Market Position Analysis

Companies Mentioned

  • Georgia Pacific
  • Potlatchdeltic Corporation
  • Weyerhaeuser Company Ltd.
  • Boise Cascade Company
  • Roseburg Forest Products
  • West Fraser
  • Columbia Forest Products
  • Royomartin
  • Timber Products Company
  • Coastal
  • Hood Industry
  • Bluelinx
  • South Coast Lumber Co. & Affiliates

Methodology

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