Global Plywood Market Growth 2023-2029

Global Plywood Market Growth 2023-2029

Product Code:449154

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Chemical & Material

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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?