December 4, 2021

Plywood Market to grow by USD 11.27 Bn between 2020 and 2025 |Emergence of Resilient Structures to Boost Growth |17000+ Technavio Reports

NEW YORK, Nov. 5, 2021 /PRNewswire/ — The plywood market is expected to grow by USD 11.27 billion from 2020 to…

NEW YORK, Nov. 5, 2021 /PRNewswire/ — The plywood market is expected to grow by USD 11.27 billion from 2020 to 2025. Technavio’s latest market research report estimates that the plywood market will decelerate at a CAGR of  4.15%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Plywood Market 2021-2025: Drivers & Challenges

Factors such as increasing residential and commercial construction activities, increasing consumption of softwood in furniture manufacturing, and the emergence of resilient structures will offer immense growth opportunities. However, factors such as moisture and humidity concerns may threaten the growth of the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The plywood market is fragmented, and the degree of fragmentation will decelerate during the forecast period.

Plywood Market 2021-2025: Scope

The report also covers the following areas:

Plywood Market  2021-2025: Segmentation

  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America
  • Type
    • Hardwood
    • Softwood

Plywood Market 2021-2025: Key Regions

68% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), and Japan are the key markets for plywood in the region. This report provides estimations of the contribution of all regions to the growth of the plywood market size.

Plywood Market 2021-2025: Vendor Analysis

Some of the major vendors of the plywood market include AS Latvijas Finieris, Boise Cascade Co., Georgia-Pacific LLC, Greenply Industries Ltd., Hefei Sinoply Wood Co. Ltd., METSA GROUP, PotlatchDeltic Corp., SVEZA, Uniply Industries Ltd., and UPM-Kymmene Corp. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 25 vendors operating in the market.

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Plywood Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist plywood market growth during the next five years
  • Estimation of the plywood market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the plywood market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of plywood market vendors

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Pulp Market –The pulp market has the potential to grow by 38.82 MT during 2020-2024, and the market’s growth momentum will accelerate at a CAGR of 4%. Download a free sample report now!

Plywood Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 4.15%

Market growth 2021-2025

USD 11.27 billion

Market structure

Fragmented

YoY growth (%)

6.24

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 68%

Key consumer countries

China, US, Japan, South Korea (Republic of Korea), and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AS Latvijas Finieris, Boise Cascade Co., Georgia-Pacific LLC, Greenply Industries Ltd., Hefei Sinoply Wood Co. Ltd., METSA GROUP, PotlatchDeltic Corp., SVEZA, Uniply Industries Ltd., and UPM-Kymmene Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download a free sample now to uncover highlights deployed by Companies of the plywood market.

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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