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Plywood Market

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    Report

  • 117 Pages
  • December 2022
  • Region: Global
  • Polaris Market Research
  • ID: 5724190
The global plywood market size is expected to reach USD 98.12 billion by 2032, according to a new study. The report “Plywood Market Share, Size, Trends, Industry Analysis Report, By Type (Hardwood and Softwood); By Application; By Uses Type; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid rise in refurbishment activities, increased investments, and government initiatives to support infrastructure development positively impacted the plywood market. Also, the growing demand for commercial infrastructures, including offices, complexes, educational institutions, and multispecialty stores, requires plywood products in large quantities for floors, walls, doors, interior & exterior finishing, and roofs, collectively accelerating the market growth.

Furthermore, growth in the globally organized retail segment including hypermarkets, supermarkets, specialty stores, and departmental stores, is further contributing to the market growth at a rapid pace.

For instance, in July 2022, Greenply Industries launched its new product named “Green Platinum.” The newly launched Green Platinum plywood combines better health safety and higher strength, is certified by California Air Resource Board, and comes with an anti-viral and anti-bacterial coating. It includes many advanced features such as E-0 compliant, fire resistant & waterproof, fungus proof, un-extended BWP resin, and a 30-year money-back warranty.

In addition, the increased usage of plywood in recent years, which is boosting plantation as well as cultivation of wood for timber, is extensively witnessing support of environmentalists to achieve their environmental goals. Hence, many environmental preservation bodies and organizations across the globe are supporting the development of timberland and rubber plantations. Moreover, increasing urban population and their rising expenditure on living areas through rehabilitation activities in developing countries are expected to create high growth opportunities for plywood market.

For instance, according to the World Bank, 600 million people are estimated to be living in urban cities in India by 2036, which represents 40% of total country’s population. So, India will need to invest nearly USD 55 billion per annum and a total of USD 840 billion into urban infrastructure in next 15 years to effectively and efficiently meet the need of this fast-growing urban population.

Plywood Market Report Highlights

  • Softwood segment accounted for the highest revenue share in 2022 on account of increased usage for decorative purposes like furniture and cabinet making.
  • Construction segment held the largest share due to increased prevalence of plywood products in building & construction industry.
  • Rehabilitation segment is projected to register a high growth rate during the anticipated period, which is accelerated by growing consumer spending capacity and high penetration among homeowners in developed regions.
  • Asia Pacific region dominated the global industry in 2022 due to an increasing number of favorable government initiatives and a rapid surge in construction activities in countries like India, China, and Indonesia.
  • The global market players include Boise Cascade Company, Sveza Forest Ltd., Timber Products Company, Centuryply, Columbia Forest Products, and Austin Plywood.

The publisher has segmented the plywood market report based on type, application, uses type, and region:

Plywood, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Hardwood
  • Softwood

Plywood, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Construction
  • Residential

Plywood, Uses Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • New Construction
  • Rehabilitation

Plywood, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
Frequently Asked Questions about the Plywood Market

What is the estimated value of the Plywood Market?

The Plywood Market was estimated to be valued at $58.28 billion in 2023.

What is the growth rate of the Plywood Market?

The growth rate of the Plywood Market is 6.0%, with an estimated value of $98.12 billion by 2032.

What is the forecasted size of the Plywood Market?

The Plywood Market is estimated to be worth $98.12 billion by 2032.

Who are the key companies in the Plywood Market?

Key companies in the Plywood Market include Boise Cascade Company, Weyerhaeuser Company Ltd., Sveza Forest Ltd., Austral Plywoods Pty Ltd., Potlatchdeltic Corporation, Greenply Industries, Centuryply, Austin Plywood and Hood Industry.

Table of Contents

1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary
2.1. Market Highlights

3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources

4. Global Plywood Market Insights
4.1. Plywood - Industry Snapshot
4.2. Plywood Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Surge in the construction sector
4.2.1.2. Increase in technological advancements
4.2.2. Restraints and Challenges
4.2.2.1. Restrictions in the tree cutting
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Plywood Market Industry Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Plywood Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Plywood Market, by Type, 2019-2032 (USD Billion)
5.3. Hardwood
5.3.1. Global Plywood Market, by Hardwood, by Region, 2019-2032 (USD Billion)
5.4. Softwood
5.4.1. Global Plywood Market, by Softwood, by Region, 2019-2032 (USD Billion)

6. Global Plywood Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Plywood Market, by Application, 2019-2032 (USD Billion)
6.3. Construction
6.3.1. Global Plywood Market, by Construction, by Region, 2019-2032 (USD Billion)
6.4. Industrial
6.4.1. Global Plywood Market, by Industrial, by Region, 2019-2032 (USD Billion)

7. Global Plywood Market, by Uses Type
7.1. Key Findings
7.2. Introduction
7.2.1. Global Plywood Market, by Uses Type, 2019-2032 (USD Billion)
7.3. New Construction
7.3.1. Global Plywood Market, by New Construction, by Region, 2019-2032 (USD Billion)
7.4. Rehabilitation
7.4.1. Global Plywood Market, by Rehabilitation, by Region, 2019-2032 (USD Billion)

8. Global Plywood Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Plywood Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Plywood Market - North America
8.3.1. North America: Plywood Market, by Type, 2019-2032 (USD Billion)
8.3.2. North America: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.3.3. North America: Plywood Market, by Application, 2019-2032 (USD Billion)
8.3.4. Plywood Market - U.S.
8.3.4.1. U.S.: Plywood Market, by Type, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Plywood Market, by Application, 2019-2032 (USD Billion)
8.3.5. Plywood Market - Canada
8.3.5.1. Canada: Plywood Market, by Type, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.3.5.3. Canada: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4. Plywood Market - Europe
8.4.1. Europe: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.2. Europe.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.3. Europe: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.4. Plywood Market - UK
8.4.4.1. UK: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.4.2. UK.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.4.3. UK: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.5. Plywood Market - France
8.4.5.1. France: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.5.2. France.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.5.3. France: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.6. Plywood Market - Germany
8.4.6.1. Germany: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.6.3. Germany: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.7. Plywood Market - Italy
8.4.7.1. Italy: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.7.3. Italy: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.8. Plywood Market - Spain
8.4.8.1. Spain: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.8.3. Spain: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.9. Plywood Market - Netherlands
8.4.9.1. Netherlands: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Plywood Market, by Application, 2019-2032 (USD Billion)
8.4.10. Plywood Market - Russia
8.4.10.1. Russia: Plywood Market, by Type, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.4.10.3. Russia: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5. Plywood Market - Asia Pacific
8.5.1. Asia Pacific: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.4. Plywood Market - China
8.5.4.1. China: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.4.2. China.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.4.3. China: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.5. Plywood Market - India
8.5.5.1. India: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.5.2. India.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.5.3. India: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.6. Plywood Market - Malaysia
8.5.6.1. Malaysia: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.7. Plywood Market - Japan
8.5.7.1. Japan: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.7.3. Japan: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.8. Plywood Market - Indonesia
8.5.8.1. Indonesia: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Plywood Market, by Application, 2019-2032 (USD Billion)
8.5.9. Plywood Market - South Korea
8.5.9.1. South Korea: Plywood Market, by Type, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Plywood Market, by Application, 2019-2032 (USD Billion)
8.6. Plywood Market - Middle East & Africa
8.6.1. Middle East & Africa: Plywood Market, by Type, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Plywood Market, by Application, 2019-2032 (USD Billion)
8.6.4. Plywood Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Plywood Market, by Type, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Plywood Market, by Application, 2019-2032 (USD Billion)
8.6.5. Plywood Market - UAE
8.6.5.1. UAE: Plywood Market, by Type, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.6.5.3. UAE: Plywood Market, by Application, 2019-2032 (USD Billion)
8.6.6. Plywood Market - Israel
8.6.6.1. Israel: Plywood Market, by Type, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.6.6.3. Israel: Plywood Market, by Application, 2019-2032 (USD Billion)
8.6.7. Plywood Market - South Africa
8.6.7.1. South Africa: Plywood Market, by Type, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Plywood Market, by Application, 2019-2032 (USD Billion)
8.7. Plywood Market - Latin America
8.7.1. Latin America: Plywood Market, by Type, 2019-2032 (USD Billion)
8.7.2. Latin America.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.7.3. Latin America: Plywood Market, by Application, 2019-2032 (USD Billion)
8.7.4. Plywood Market - Mexico
8.7.4.1. Mexico: Plywood Market, by Type, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Plywood Market, by Application, 2019-2032 (USD Billion)
8.7.5. Plywood Market - Brazil
8.7.5.1. Brazil: Plywood Market, by Type, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Plywood Market, by Application, 2019-2032 (USD Billion)
8.7.6. Plywood Market - Argentina
8.7.6.1. Argentina: Plywood Market, by Type, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Plywood Market, by Uses Type, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Plywood Market, by Application, 2019-2032 (USD Billion)

9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles
10.1. Boise Cascade Company
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Weyerhaeuser Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Sveza Forest
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. Austral Plywoods
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Potlatchdeltic Corporation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Greenply Industries
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Centuryply
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. Austin Plywood
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Timber Products Company
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Hood Industry
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. RoyOMartin
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Roseburg Forest
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. West Fraser
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development
10.14. Columbia Forest Products
10.14.1. Company Overview
10.14.2. Financial Performance
10.14.3. Product Benchmarking
10.14.4. Recent Development
10.15. BlueLinx
10.15.1. Company Overview
10.15.2. Financial Performance
10.15.3. Product Benchmarking
10.15.4. Recent Development

Companies Mentioned

  • Boise Cascade Company
  • Weyerhaeuser Company Ltd.
  • Sveza Forest Ltd.
  • Austral Plywoods Pty Ltd.
  • Potlatchdeltic Corporation
  • Greenply Industries
  • Centuryply
  • Austin Plywood
  • Timber Products Company
  • Hood Industry
  • RoyOMartin
  • Roseburg Forest
  • West Fraser
  • Columbia Forest Products
  • BlueLinx.