Global Plywood Market Size, Trends and Growth opportunity, By Grade (MR Grade, BWR Grade, Fire Resistant Grade, BWP Grade and Structural Grade), Wood Type (Softwood and Hardwood), Application (Furniture, Flooring & Construction, Automotive Interior, Packaging, Marine and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Report ID : IR100570 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 129
Global Plywood Market Size, Trends and Growth opportunity, By Grade (MR Grade, BWR Grade, Fire Resistant Grade, BWP Grade and Structural Grade), Wood Type (Softwood and Hardwood), Application (Furniture, Flooring & Construction, Automotive Interior, Packaging, Marine and Others), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
Global Plywood Market
Global Plywood Market was valued at USD 50.41 billion in 2021 and is expected to reach USD 73.15 billion by 2027, at a CAGR 5.14% from 2022-2027.
Made up of thin layers of wood which are bonded together with a strong adhesive, each type of plywood has a distinct application offering strength & style to any surface. Plywood is manufactured from softwoods, hardwoods, or a combination of both. It consists of a face & back core. Plywood is widely used as a building material due to its useful properties such as strength & recyclability. It is an economical, factory-produced sheet of wood with precise dimensions which do not crack and wrap with the changes in atmospheric moisture.
Market Drivers
The increasing growth and development of commercial buildings is boosting the fuel to the development of the plywood market share. The benefits of the plywood are also adding the driving force to the growth of the market. Plywood is also used in construction & flooring applications which can bear heavyweight and enhance the mechanical strength but it possesses less weight. It can be easily installed and can bear the weather & climate change because of its waterproof feature.
Additionally, the use of plywood was extended to be used to construct the part of the boat. This is also used in the marine industry.
Market Restraints
The main drawback which affects the growth of the plywood market is the availability of substitute products in the market. Many products are available at a low cost and are used as the substitute for plywood. The growth of the market is hampered by the fluctuation of the cost of the raw materials. It may lead to a negative impact on the growth of the Market.
Market Segmentation
The Global Plywood Market is segmented into grade, wood type, use type, and application.
Based on application; construction and furniture segments together account for the largest market share. The applications of structural plywood include subfloors, internal structures, shipping crates, and wall & roof bracing. Whereas, applications of exterior & interior plywood include roof linings, outdoor floorings, stables, ceilings, interior cladding, and indoor furniture.
Regional Analysis
The Global Plywood Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the plywood market because of the increase in the construction sectors and the continuous growing countries like the US & Mexico. Due to the increase in the growth of the key players in North America is getting gradual development.
The Asia Pacific region is projected to get gradual growth in the forecasting period in the market. The reason for the growth of the Asia Pacific region is the growth of the construction sector in this region.
Key Players
Various key players are discussed into the Global Plywood Market Report including: Austal plywoods private limited, Boise cascade company, Eksons corporation berhad, Georgia Pacific LLC, Latvijas fineries AS, Metas wood, Potlatch Deltic corporation, SVEZA forest, UPM Kymmene Oyj, and Weyerhaeuser company limited.
Market Taxonomy
By Grade
• MR grade
• BWR grade
• Fire-resistant grade
• Structural grade
• BWP grade
By Wood Type
• Softwood
• Hardwood
By Use Type
• New construction
• Replacement
By Application
• Furniture
• Flooring & Construction
• Automotive Interiors
• Packaging
• Marine
• Others
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Plywood Market TOC:
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Plywood Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Plywood Market, By Grade
5.1 Y-o-Y Growth Comparison, By Grade
5.2 Global Plywood Market Share Analysis, By Grade
5.3 Global Plywood Market Size and Forecast, By Grade
5.3.1 MR grade
5.3.2 BWR grade
5.3.3 Fire-resistant grade
5.3.4 Structural grade
5.3.5 BWP grade
6 Global Plywood Market, By Wood Type
6.1 Y-o-Y Growth Comparison, By Wood Type
6.2 Global Plywood Market Share Analysis, By Wood Type
6.3 Global Plywood Market Size and Forecast, By Wood Type
6.3.1 Softwood
6.3.2 Hardwood
7 Global Plywood Market, By Use Type
7.1 Y-o-Y Growth Comparison, By Use Type
7.2 Global Plywood Market Share Analysis, By Use Type
7.3 Global Plywood Market Size and Forecast, By Use Type
7.3.1 New construction
7.3.2 Replacement
8 Global Plywood Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Global Plywood Market Share Analysis, By Application
8.3 Global Plywood Market Size and Forecast, By Application
8.3.1 Furniture
8.3.2 Flooring & Construction
8.3.3 Automotive Interiors
8.3.4 Packaging
8.3.5 Marine
8.3.6 Others
9 Global Plywood Market, By Region
9.1 Global Plywood Market Share Analysis, By Region
9.2 Global Plywood Market Share Analysis, By Region
9.3 Global Plywood Market Size and Forecast, By Region
10 North America Plywood Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 North America Plywood Market Share Analysis, By Grade
10.3 North America Plywood Market Size and Forecast, By Wood Type
10.4 North America Plywood Market Size and Forecast, By Use Type
10.5 North America Plywood Market Size and Forecast, By Application
10.6 North America Plywood Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Plywood Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Europe Plywood Market Share Analysis, By Grade
11.3 Europe Plywood Market Size and Forecast, By Wood Type
11.4 Europe Plywood Market Size and Forecast, By Use Type
11.5 Europe Plywood Market Size and Forecast, By Application
11.5 Europe Plywood Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Plywood Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Asia Pacific Plywood Market Share Analysis, By Grade
12.3 Asia Pacific Plywood Market Size and Forecast, By Wood Type
12.4 Asia Pacific Plywood Market Size and Forecast, By Use Type
12.5 Asia Pacific Plywood Market Size and Forecast, By Application
12.6 Asia Pacific Plywood Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4 Rest of Asia Pacific
13 Latin America Plywood Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Latin America Plywood Market Share Analysis, By Grade
13.3 Latin America Plywood Market Size and Forecast, By Wood Type
13.4 Latin America Plywood Market Size and Forecast, By Use Type
13.5 Latin America Plywood Market Size and Forecast, By Application
13.6 Latin America Plywood Market Size and Forecast, Country
13.6.1 Brazil
13.6.2 Rest of Latin America
14 Middle East Plywood Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 Middle East Plywood Market Share Analysis, By Grade
14.3 Middle East Plywood Market Size and Forecast, By Wood Type
14.4 Middle East Plywood Market Size and Forecast, By Use Type
14.5 Middle East Plywood Market Size and Forecast, By Application
14.6 Middle East Plywood Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.2 UAE
14.6.3 Egypt
14.6.4 Kuwait
14.6.5 South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Austal plywoods private limited
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Boise cascade company
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Eksons corporation berhad
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Georgia Pacific LLC
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Latvijas fineries AS
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Metas wood
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Potlatch Deltic corporation
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 SVEZA forest
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 UPM Kymmene Oyj
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Weyerhaeuser company limited
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies