Reports
Global Plywood Market Size, Share, Forecast: By Sector: New Construction, Replacement; By End Use: Residential, Commercial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Industry Events and Developments; 2023-2028
Global Plywood Market Outlook
The global plywood market size attained a value of approximately USD 47.41 billion in 2022. The market is further expected to grow at a CAGR of 5% in the forecast period of 2023-2028, reaching a value of around USD 63.5 billion by 2028.
Key Trends in the Market
Plywood is an engineered wood product made of thin layers of wood known as veneer that are bonded together to create a thicker and flat sheet. It has a longer lifespan, is lightweight, convenient, cost-effective, and easy to use. Depending upon the type of wood used, the plywood produced can vary in appearance and characteristics.
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- The key plywood market trends driving the market growth include the escalating construction activity globally and the expanding furniture sector. Rising income levels worldwide and increasing consumer demand for trendy, high-quality furniture that is durable and appealing to the eye, are also fuelling the market expansion.
- The market for plywood is being favourably impacted by the rise in expenditure in interior designing and the increasing propensity of homeowners to invest in aesthetic home furnishings and décor. High quality interiors and furnishings are often used to refresh existing buildings, increasing the demand for plywood.
- Rising awareness of the use of environmentally friendly products that reduce carbon emissions globally is providing a positive outlook for the plywood market growth. Plywood is considered sustainable as it is made from natural wood, is recyclable, and biodegradable.
Market Analysis
Based on sector, the market is bifurcated into new construction and replacement. On the basis of end use, the market is divided into residential and commercial. The regional markets for plywood are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global plywood market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
- Georgia-Pacific LLC
- PotlatchDeltic Corporation
- Weyerhaeuser Company
- Boise Cascade
- UPM-Kymmene Corporation
- Sveza
- Others
Market Share by End Use
During the forecast period, the residential sector is expected to witness significant growth in the plywood market. The growing use of plywood as wall and floor coverings, as well as roof deck coatings, in residential areas all over the world is propelling the growth of the segment. Plywood is also frequently used for roofing and flooring because of its great strength-to-weight ratio, sturdiness, and water resistance. In addition, plywood is a common choice for both professional and do-it-yourself contractors since it is also quite simple to install. It may also be utilised in wet or humid environments, such as bathrooms or kitchens, due to its resistance to moisture.
Market Share by Region
Asia Pacific is anticipated to be a key region in the global market for plywood during the forecast period due to the rising spending on residential buildings and commercial infrastructure in countries like China and India. Large populations, increasing industrialisation, and rapid urbanisation are resulting in an increased demand for new constructions and upgrades of older infrastructure, thereby bolstering the market for plywood. The plywood market expansion in the Asia Pacific is also being fuelled by the increasing use of technology by manufacturers to lower plywood manufacturing costs, boost profitability, and enhance the quality of their plywood products.
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Competitive Landscape
Georgia-Pacific LLC, was founded in 1927 and has its headquarters in Georgia in the United States. The company is one of the top producers and marketers of toilet paper, paper-based packaging, paper towels and napkins, tableware, cellulose, speciality fibres, and construction goods worldwide.
PotlatchDeltic Corporation, established in 1903 and headquartered in Washington in the United States, is a Real Estate Investment Trust (REIT). The company runs several sawmills, an industrial plywood mill, a residential and commercial real estate development enterprise, and a rural forest sales programme.
Weyerhaeuser Company is a manufacturer of wood products established in 1900 and headquartered in Washington, United States. The company provides its wood products for new residential constructions, light commercial constructions, industrial projects, multi-family building, and repair and remodelling.
Other market players include Boise Cascade, UPM-Kymmene Corporation, and Sveza, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Sector |
|
| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Plywood Market Analysis
8.1 Key Industry Highlights
8.2 Global Plywood Historical Market (2018-2022)
8.3 Global Plywood Market Forecast (2023-2028)
8.4 Global Plywood Market by Sector
8.4.1 New Construction
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Replacement
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Plywood Market by End Use
8.5.1 Residential
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Commercial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Plywood Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code - 4412)
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Project Details and Cost Analysis
15.1 Land, Location and Site Development
15.2 Construction
15.3 Plant Layout
15.4 Plant Machinery
15.5 Raw Material Requirement
15.6 Packaging
15.7 Transportation
15.8 Utilities
15.9 Manpower
15.10 Other Capital Investment
16 Loans and Financial Assistance
17 Project Economics
17.1 Capital Cost of Project
17.2 Techno-Economic Parameters
17.3 Product Pricing and Margins
17.4 Taxation and Depreciation
17.5 Income Projections
17.6 Expenditure Projections
17.7 Financial Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Key Players’ Market Share
18.3 Company Profiles
18.3.1 Georgia-Pacific LLC
18.3.1.1 Company Overview
18.3.1.2 Product Portfolio
18.3.1.3 Demographic Reach and Achievements
18.3.1.4 Financial Summary
18.3.1.5 Certifications
18.3.2 PotlatchDeltic Corporation
18.3.2.1 Company Overview
18.3.2.2 Product Portfolio
18.3.2.3 Demographic Reach and Achievements
18.3.2.4 Financial Summary
18.3.2.5 Certifications
18.3.3 Weyerhaeuser Company
18.3.3.1 Company Overview
18.3.3.2 Product Portfolio
18.3.3.3 Demographic Reach and Achievements
18.3.3.4 Financial Summary
18.3.3.5 Certifications
18.3.4 Boise Cascade
18.3.4.1 Company Overview
18.3.4.2 Product Portfolio
18.3.4.3 Demographic Reach and Achievements
18.3.4.4 Financial Summary
18.3.4.5 Certifications
18.3.5 UPM-Kymmene Corporation
18.3.5.1 Company Overview
18.3.5.2 Product Portfolio
18.3.5.3 Demographic Reach and Achievements
18.3.5.4 Financial Summary
18.3.5.5 Certifications
18.3.6 Sveza
18.3.6.1 Company Overview
18.3.6.2 Product Portfolio
18.3.6.3 Demographic Reach and Achievements
18.3.6.4 Financial Summary
18.3.6.5 Certifications
18.3.7 Others
19 Industry Events and Developments
List of Key Figures and Tables
1. Global Plywood Market: Key Industry Highlights, 2018 and 2028
2. Global Plywood Historical Market: Breakup by Sector (USD Billion), 2018-2022
3. Global Plywood Market Forecast: Breakup by Sector (USD Billion), 2023-2028
4. Global Plywood Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Plywood Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Plywood Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Plywood Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Plywood Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Plywood Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Plywood Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Plywood Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Plywood Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Plywood Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Plywood Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Plywood Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Plywood Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Plywood Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Major Importing Countries by Volume (2020)
19. Major Exporting Countries by Volume (2020)
20. Major Importing Countries by Value Million USD (2020)
21. Major Exporting Countries by Value Million USD (2020)
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Plywood Market Structure
Key Questions Answered in the Report
In 2022, the global market for plywood attained a value of around USD 47.41 billion.
The market is assessed to grow at a CAGR of 5% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach around USD 63.5 billion by 2028.
The major drivers of the market include the rising disposable incomes, increasing population, and the growing furniture industry.
The eco-friendly strategies of the manufacturers and increasing construction activities are expected to be key trends guiding the growth of the market.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The new construction and replacement are the sectors in the market.
Based on end use, the market is divided into residential and commercial.
The leading players in the global plywood market are Georgia-Pacific LLC, PotlatchDeltic Corporation, Weyerhaeuser Company, Boise Cascade, UPM-Kymmene Corporation, and Sveza, among others.
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