Press release
North America Plywood Market Size, Demand, Industry Segmentation and Forecast 2023-2028
North America Plywood Market Size, Demand, Industry Segmentation and Forecast 2023-2028
How big is the North America plywood market?
The North America plywood market size reached 15.0 Million Cubic Meters in 2022. Looking forward, IMARC Group expects the market to reach 18.1 Million Cubic Meters by 2028, exhibiting a growth rate (CAGR) of 3.3% during 2023-2028.
Industry Overview:
Plywood is a versatile engineered wood product made from thin layers of wood veneer, known as plies or layers, that are glued together with adjacent plies rotated at right angles to each other. This cross-grain construction gives plywood its strength, stability, and resistance to warping or shrinking. Characteristics of plywood include its high strength-to-weight ratio, making it a preferred choice for structural applications. It possesses excellent dimensional stability, allowing it to resist cracking, splitting, and twisting.
Moreover, plywood is available in various thicknesses and grades, offering flexibility for different project requirements. Plywood's key features encompass its durability, longevity, and resistance to impact, making it suitable for a wide range of applications. It can be easily cut, shaped, and drilled, providing versatility in design and construction.
Additionally, plywood exhibits good thermal and acoustic insulation properties, making it useful for soundproofing and insulation purposes. Plywood finds its application in numerous industries such as construction, packaging and transportation.
Request to Get the Sample Report: https://www.imarcgroup.com/north-america-plywood-market/requestsample
North America Plywood Market Trends and Growth Drivers:
The booming construction industry and increasing infrastructure projects in the region are propelling the demand for plywood. Moreover, the versatility and wide range of applications of plywood, from structural uses to decorative purposes, are driving its market growth. The durability and strength of plywood make it a preferred choice for builders and contractors. The availability of different grades and thicknesses of plywood caters to diverse project requirements, further fueling market demand.
The rising trend of sustainable and eco-friendly construction practices is favoring the use of plywood, as it is a renewable and recyclable material. The cost-effectiveness of plywood compared to alternative construction materials is driving its adoption in various projects. The ease of installation and versatility of plywood in design and construction contribute to its market growth. The dimensional stability of plywood, which resists warping and shrinking, makes it suitable for a wide range of environmental conditions. The availability of specialized plywood types, such as marine-grade plywood for water-resistant applications, is driving its demand in the marine and boating industry. The furniture and cabinetry industry utilizes plywood for its strength, durability, and aesthetic appeal. The packaging industry relies on plywood for creating sturdy crates and pallets for efficient transportation and storage. The interior design and renovation sector utilize plywood for its versatility in creating decorative finishes, paneling, and custom furniture.
The increasing focus on energy efficiency and insulation in buildings drives the demand for plywood for use in roofing, flooring, and wall applications. The transportation industry utilizes plywood for vehicle interiors, partitions, and flooring due to its strength and lightweight properties. The demand for plywood in the arts and crafts industry remains strong for creating sculptures, models, and artistic installations. The use of plywood in the manufacturing of prefabricated components and modular construction systems drives its market growth. The availability of sustainably sourced plywood from certified forests meets the growing demand for environmentally responsible materials.
Explore Full Report Description At: https://www.imarcgroup.com/north-america-plywood-market
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Application:
• Residential
• Commercial
Breakup by Sector:
• New Construction
• Replacement
Breakup by Country:
• United States
• Canada
Speak to Analyst: https://www.imarcgroup.com/request?type=report&id=1772&flag=C
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release North America Plywood Market Size, Demand, Industry Segmentation and Forecast 2023-2028 here
News-ID: 3309795 • Views: …
More Releases from IMARC Group
Automotive Control Cables Manufacturing Plant Setup Report 2025: Machinery, Raw …
Automotive control cables are essential components used to transmit mechanical force in vehicles, enabling the smooth operation of various systems such as brakes, clutches, accelerators, gear shifts, and seating mechanisms. These cables are designed for durability, flexibility, and high performance under diverse driving conditions. Their demand is directly linked to the growth of the automotive industry, aftermarket sales, and increasing consumer preference for enhanced driving comfort and safety.
Setting up an…
Halal Cosmetics Market Size, Trends, Key Players, Opportunity and Forecast 2025- …
IMARC Group, a leading market research company, has recently released a report titled "Halal Cosmetics Market Size, Share, Trends and Forecast by Type, Distribution Channel, and Region, 2025-2033." The study provides a detailed analysis of the industry, including the global halal cosmetics market size, trends, share and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Halal Cosmetics Market Highlights:
• Halal Cosmetics Market…
Comprehensive Castor Oil Processing Plant Project Report 2025: Setup Guide, Econ …
Castor oil is a versatile vegetable oil extracted from the seeds of the Ricinus communis plant. It is widely used in pharmaceuticals, cosmetics, food processing, lubricants, paints, coatings, and biodiesel production owing to its unique chemical properties, including high ricinoleic acid content. Castor oil derivatives also serve as key raw materials in the polymer, chemical, and industrial sectors.
Establishing a castor oil processing plant involves steps such as seed cleaning, dehulling,…
Honey Processing Plant Report 2025: Capital Investment, Operating Expenses and M …
Honey is a natural sweetener produced by honeybees and is valued for its nutritional, medicinal, and industrial applications. It contains antioxidants, enzymes, vitamins, and minerals that make it a popular ingredient in food and beverages, pharmaceuticals, cosmetics, and personal care products. Processed honey is widely consumed as a sweetener, used in bakery and confectionery items, beverages, dietary supplements, and skincare formulations.
Setting up a honey processing plant involves operations such as…
More Releases for Plywood
Marine Plywood Global Market Report 2024 by The Business Research Company | UPM …
The marine plywood market size has grown strongly in recent years. It will grow from $11.82 billion in 2023 to $13 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to shipbuilding industry growth, marine infrastructure development, waterfront property construction, marine safety regulations, recreational boating, architectural applications.
The marine plywood market size is expected to…
Global Marine Plywood Market Dynamic Demand, Growth, Strategies and Forecast 203 …
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
As per the Marine Plywood market report by The Business Research Company, The growing popularity of high-speed and luxurious recreational boats is the key factor driving the growth of the marine plywood market. The marine tourism sector has grown globally. With anticipated global growth rates of more…
Plywood Boards Market to Show Incredible Growth by 2027 | Anchor Marine Plywood, …
This Plywood Boards market report provides a comprehensive assessment of the market's current state and future prospects. The market and its essential aspects are easily understood by organizations. It also conducts research on the market's framework within the industry as a whole. Market size, trend analysis, major suppliers, competitive landscape, trade data, and market trends of some regions are only a few of the significant factors mentioned in this Plywood…
The Global Plywood Market | Atlantic Plywood Corporation and Greenply Industries …
Plywood is manufactured using thin layers or sheets of wood bonded and veneer bound with adhesives. Plywood is commonly used as an alternative to plain wood attributing to its properties such as twisting, resistance to shrinking, and splitting.
A detailed report on Global Plywood providing a complete information on the current market situation and offering robust insights about the potential size, volume, and dynamics of the market during the forecast…
The Global Plywood Market | Atlantic Plywood Corporation and Greenply Industries …
The global plywood market was estimated at 105.9 million cubic meter in 2018 and is expected to grow substantially, exhibiting a CAGR of 3.3% over the forecast period (2019-2027). The market is expected to witness significant growth over the forecast period, attributed to increasing demand for plywood from various end-use industries such as construction and furniture.
The global Plywood report covers all the essential regional and global market insights. Likewise,…
Film Faced Plywood Market Economic Forecasting By 2026 | Europlywood, Bunnings, …
A detailed research study on the Film Faced Plywood Market was recently published by UpMarketResearch. The report puts together a concise analysis of the growth factors influencing the current business scenario across various regions. Significant information pertaining to the industry analysis size, share, application, and statistics are summed in the report in order to present an ensemble prediction. Additionally, this report encompasses an accurate competitive analysis of major market players…
