Tuesday, 02 January 2024 12:17 GMT

Global Plywood Market Led By Furniture, With Paneling And Cladding Applications Growing 5.66% CAGR To 2030: Mordor Intelligence


(MENAFN- GlobeNewsWire - Nasdaq) Plywood market demand rises as consumers and manufacturers embrace natural aesthetics, durable furnishings, and lightweight materials for modern interior applications.

Hyderabad, India, Oct. 31, 2025 (GLOBE NEWSWIRE) -- The global plywood market size is valued at USD 56.63 billion in 2025 and is projected to reach USD 71.86 billion by 2030, growing steadily at a 4.88% CAGR. Global plywood market expansion is supported by rising construction activities in emerging economies, growing use of modular buildings, and increasing demand from the furniture and interior design sectors.

Public infrastructure investments across Asia-Pacific and the Middle East, along with innovations in fire-resistant and sustainable plywood, are key contributors to this growth. Meanwhile, producers are focusing on supply chain efficiency and eco-certification as global carbon regulations and traceability norms tighten.

Trends in the Plywood Market:

Expanding Construction Activity Across Developing Nations:

Massive infrastructure programs in countries such as Saudi Arabia, India, and Vietnam continue to boost plywood consumption for formwork, interiors, and large-scale developments. The material's versatility and cost-effectiveness make it a preferred choice for rapid urbanization projects, particularly where durability and reliable supply are key to meeting tight timelines.

Growing Preference for Wooden Furnishings and Interiors:

Demand for furniture and home décor made from plywood is rising as consumers lean toward natural finishes and long-lasting materials. Regional manufacturers benefit from increasing home renovation activity and the popularity of flat-pack furniture, which leverages plywood's lightweight yet sturdy nature for global e-commerce shipments.

Transition Toward Reusable and Sustainable Packaging:

Industries are replacing single-use plastic crates with reusable plywood-based packaging to align with circular-economy goals. These durable solutions support multiple logistics cycles, lower waste disposal costs, and provide better long-term value for manufacturers and exporters seeking environmentally responsible alternatives.

To explore comprehensive insights on plywood market size, detailed segmentation, and competitive strategies, read more about the Mordor Intelligence report:

Segmentation of the Plywood Industry:

By Type

  • Softwood
  • Hardwood
  • Tropical
  • Aircraft
  • Decorative
  • Flexible
  • Other Types

By Application

  • Furniture
  • Construction
  • Flooring
  • Paneling and Cladding
  • Transport (Automotive, Marine, etc.)
  • Packaging
  • Other Applications

By End-user Industry

  • Residential
  • Commercial
  • Industrial
  • Others

By Geography

North America

  • United States
  • Canada
  • Mexico

South America

  • Brazil
  • Argentina
  • Rest of South America

Europe

  • Germany
  • United Kingdom
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • Indonesia
  • Vietnam
  • Rest of Asia-Pacific

Middle East and Africa

  • Saudi Arabia
  • South Africa
  • Rest of the Middle East and Africa

Plywood Key Players:


Plywood manufacturers focus on product quality, green sourcing, and technological upgrades. Plywood will remain an essential material for construction and interior applications.

  • Georgia-Pacific LLC
  • UPM-Kymmene Oyj
  • West Fraser Timber Co. Ltd
  • Weyerhaeuser Company
  • Uniply Industries Ltd
  • SVEZA Forest Holdings

Geographical Outlook:

  • The Asia–Pacific region continues to lead global plywood demand, supported by steady construction growth and expanding furniture production across China, India, and Southeast Asia. Manufacturers in this region are focusing on upgrading equipment and improving product quality to meet rising demand from both domestic and international markets.
  • North America maintains a stable yet mature market, with plywood preferred in high-end housing and renovation projects. Producers are increasingly investing in sustainable manufacturing practices and advanced automation to enhance efficiency.
  • In Europe, the growing preference for eco-friendly construction materials and stricter sustainability regulations continues to encourage the use of certified plywood, especially in public infrastructure and green building projects.

Browse More Chemicals and Materials Industry Research Reports at:

Explore Related Reports:

Veneer Sheets Market

Wood Adhesives Market: The wood adhesives market report is segmented by resin type (natural, synthetic), technology (water-based, solvent-based, other technologies), application (furniture, plywood, cabinets, and more), end-user (residential construction, commercial construction, and more), and geography (Asia-Pacific, North America, Europe, South America, Middle East and Africa). The market forecasts are provided in terms of value (USD).

About Mordor Intelligence

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape.

This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.

CONTACT: For any inquiries, please contact:...

MENAFN31102025004107003653ID1110276174



GlobeNewsWire - Nasdaq

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search