According to a new market research report, the “Plywood Market by Type (Hardwood and Softwood), Application (Construction and Industrial), Uses Type (New Construction and Rehabilitation), and Region (North America, Europe, APAC, MEA, South America) – Global Forecast to 2027”, Plywood market size is projected to reach USD 73.3 billion by 2027 from USD 54.2 billion in 2022 growing at a CAGR of 6.2%.
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220 Market data Tables
225 Pages and in-depth TOC on “ Plywood Market – Global Forecast to 2027”
This report also provides a comprehensive analysis of the companies listed below:
Major players operating in the plywood include Georgia Pacific LLC (US), Boise Cascade Company (US), Weyerhaeuser Company Ltd (US), UPM-Kymmene Oyj (Finland), Svezza Forest Ltd (Russia), PotlatchDeltic Corporation (US), Greenply Industries Ltd (India), Century Plyboards India Ltd. (India), Austral Plywoods (Australia), and others.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Plywood Market.
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Boise Cascade Company is a key player in the plywood market. With its headquarters in Boise, Idaho, Boise Cascade Company is a producer of wood products and wholesaler of construction supplies. There are 60 facilities for the business throughout North America. As per the website, the 38 distribution centers of Boise Cascade Building Materials Distribution provide a wide range of wood goods and building materials manufactured by Boise Cascade Wood Products, including plywood, engineered wood products, and lumber. In North America, the corporation employs about 6,200 people.
In July 2021, Boise Cascade Company announced the acquisition of Coastal Plywood Company, the production facilities of Coastal Plywood Company in Chapman, Alabama, and Havana, Florida were acquired by Boise Cascade Company. In the eastern United States, Coastal is a supplier of plywood, lumber, and treated wood products.
Sveza Forest Ltd, SVEZA is a key producer of birch plywood. There are 80 nations where the company’s products are sold. They are employed in the building of skyscrapers, Olympic venues, freight trailers and high-speed train production, eco-furniture manufacturing, and fashionable interior design. A total of 1.4 million m3/year of production is made up of 200 varieties of panels that vary in size and thickness.
In January 2022, the world’s biggest producer of birch plywood, Sveza, a well-known Russian company in the forest industry, has created a type of plywood called SVEZA Dielectric that doesn’t carry electricity. This plywood is suitable for uses that call for sturdy, lightweight non-conductive materials.
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