The global market for Plywood is estimated at US$155.0 Billion in 2023 and is projected to reach US$225.0 Billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the plywood market is driven by several factors, including a robust global construction industry, particularly in emerging economies where urbanization and economic development are leading to increased building activities. Additionally, the rising trend of lightweight and durable construction materials in the automotive and marine industries supports the demand for high-quality plywood.
Technological innovations that improve product quality and sustainability also contribute to market expansion, as do shifts in consumer behavior towards more environmentally responsible building materials. Moreover, the versatility and cost-effectiveness of plywood make it a popular choice among builders, furniture makers, and DIY enthusiasts, ensuring its ongoing demand in various sectors.
The growth in the plywood market is driven by several factors, including a robust global construction industry, particularly in emerging economies where urbanization and economic development are leading to increased building activities. Additionally, the rising trend of lightweight and durable construction materials in the automotive and marine industries supports the demand for high-quality plywood.
Technological innovations that improve product quality and sustainability also contribute to market expansion, as do shifts in consumer behavior towards more environmentally responsible building materials. Moreover, the versatility and cost-effectiveness of plywood make it a popular choice among builders, furniture makers, and DIY enthusiasts, ensuring its ongoing demand in various sectors.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Hardwood segment, which is expected to reach US$158.2 Billion by 2030 with a CAGR of a 5.9%. The Softwood segment is also set to grow at 4.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $41.8 Billion in 2023, and China, forecasted to grow at an impressive 9.2% CAGR to reach $50.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Plywood Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Plywood Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Plywood Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Boise Cascade Company, Century Plyboard (India) Ltd., Eksons Corporation Bhd, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 104 Featured):
- Boise Cascade Company
- Century Plyboard (India) Ltd.
- Eksons Corporation Bhd
- Georgia-Pacific, LLC
- Greenply Industries Limited
- Jaya Tiasa Holdings Berhad
- Linyi Junli Wood Products Co. Ltd.
- Linyi Sanfortune Wood Co. Ltd.
- Sarda Plywood Industries Limited
- SDS Lumber Company
- Seihoku Corporation
- Subur Tiasa Holdings Berhad
- SVEZA
- Ta Ann Holdings Berhad
- Tianjin Plywood Industry Co. Ltd.
- Uniply Industries Ltd.
- UPM-Kymmene Corporation
- West Fraser Timber Co, Ltd.
- Weyerhaeuser Company
- WTK Holdings Berhad
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Boise Cascade Company
- Century Plyboard (India) Ltd.
- Eksons Corporation Bhd
- Georgia-Pacific, LLC
- Greenply Industries Limited
- Jaya Tiasa Holdings Berhad
- Linyi Junli Wood Products Co. Ltd.
- Linyi Sanfortune Wood Co. Ltd.
- Sarda Plywood Industries Limited
- SDS Lumber Company
- Seihoku Corporation
- Subur Tiasa Holdings Berhad
- SVEZA
- Ta Ann Holdings Berhad
- Tianjin Plywood Industry Co. Ltd.
- Uniply Industries Ltd.
- UPM-Kymmene Corporation
- West Fraser Timber Co, Ltd.
- Weyerhaeuser Company
- WTK Holdings Berhad
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 224 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 155 Billion |
Forecasted Market Value ( USD | $ 225 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |