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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

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  • 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