Press release
Global Plywood Market 2024 - Embracing Growth Opportunities, Anticipating Future Insights, Exploring Regional Segments, Latest Innovations, and Forecasting Trends Till 2033
Plywood Market
The Business Research Company presents an extensive market research report on the Plywood Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The plywood market size has grown strongly in recent years. It will grow from $121.13 billion in 2023 to $128.83 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to emerging markets growth, a growth in world population, a growth in residential construction activity and the low interest rates.
The plywood market size is expected to see strong growth in the next few years. It will grow to $162.46 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to the government support, the rising renovation activities, the rising urbanization and an increasing demand for wooden furniture. Major trends in the forecast period include technological advancements, product innovations, use of biodegradable chemicals for wood preservation, development of termite-free and waterproof plywood, development of zero-emission plywood, development of fire-resistant plywood, new plant expansions and collaborations and acquisitions.
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=6650&type=smp
Key Market Players:
Major companies operating in the plywood market report are UPM-Kymmene Oyj, Boise Cascade Company, Metsä Group, West Fraser Timber Co. Ltd, Weyerhaeuser Company,Potlatch Deltic Corporation, Georgia-Pacific, LLC, Greenply Industries Limited, Sveza-Les LLC, Austal Plywoods Private Limited, Century Plyboards India Ltd, Kitply, Sarda Plywood, National Plywood, Kamdhenu Plywood, Oriental Veneer Products Ltd, Luli Group, Yingang Wood Based Panel Co Ltd, CNSIC, Shandong Xingang Group, Xinle Plywood Group, Jiangsu Shengyang Industrial Joint Stock Co Ltd, Specialized Panel Products Ltd, Ply-Tek, Caledonian Plywood Company, Holdex Plywood Ltd, Stonebridge UK Ltd, Sydenhams Plywood & Panel Products, Viking Plywood & Timber Ltd, Timb Ply Ltd, Stora Enso, Russia Forest Products, Wotan Forest a.s, UNILES Inc, Segezha Group, KPPD-Szczecinek SA, Ilim Timber LLC, West Fraser Allendale, Canfor Corporation, Hancock Timber Resource Group, RSH Forest Products, PotlatchDeltic Corporation, Sierra Pacific, Berneck, Araupel, Linea Parana Madeiras Ltda, Imaribo, Middle East Wood, Mazi Orman Urunleri Ltd, Dastas Demircioglu Agac AS, Daco Parquet Factory AS, Gabon Veneer, Merensky, Miro Forestry, Timber Products, United Forest Products, Afeefa Overseas Sarl Gabon, Okoume Face Veneer, Brick Plyboards, Boschetto Timbers
Market Drivers:
Increasing construction activities is expected to propel the growth of the plywood market going forward. Construction refers to an activity of putting together various elements to create a structure for a specific location, using a detailed design and plan. Plywood plays a crucial role in construction activities, offering structural support, versatility, and cost-effective solutions. For instance, in June 2021, according to the Stats NZ Tatauranga Aotearoa, a New Zealand-based government data agency, building activities increased by 3.7 percent in March 2021. Further, in 2021, residential activities rose 4.3 percent compared to 2020. Additionally, according to the US Census Bureau, the value of construction activities increased from $1,626.4 billion in 2021 to $1,792.9 billion in 2022 with a growth rate of 10.2 percent. Therefore, the increasing construction activities are driving the growth of the plywood market
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/plywood-global-market-report
The plywood market covered in this report is segmented -
1) By Type: Softwood, Hardwood
2) By Application: Furniture, Building And Construction, Transportation, Packaging, Other Applications
3) By End-User: Residential, Commercial
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
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 Global Plywood Market 2024 - Embracing Growth Opportunities, Anticipating Future Insights, Exploring Regional Segments, Latest Innovations, and Forecasting Trends Till 2033 here
News-ID: 3379642 • Views: …
More Releases from The Business research company
Outlook for the Ready To Drink (RTD) Alcoholic Beverages Market: Major Segments, …
The ready-to-drink (RTD) alcoholic beverages market is on track to experience significant growth over the coming years, driven by evolving consumer preferences and industry innovations. This sector is rapidly expanding as more consumers seek premium, convenient, and sustainable options in their alcoholic beverage choices. Let's explore the market's projected size, key drivers, major players, emerging trends, and segmentation details shaping its future.
Projected Expansion and Market Size of the Ready To…
Emerging Sub-Segments Transforming the Pumpkin Seed Protein Market Landscape
The pumpkin seed protein market is emerging as a promising sector within the broader landscape of plant-based proteins. With increasing consumer interest in alternative, allergen-free protein sources and sustainable nutrition, this market is set to witness substantial growth and innovation. Let's explore the market size projections, key players, current trends, and major product segments shaping the future of pumpkin seed protein.
Projected Market Valuation and Growth Expectations for Pumpkin Seed Protein…
Top Players and Market Competition in the Protein Hydrolysates Industry
The protein hydrolysates market is positioned for significant expansion in the coming years as consumer preferences and nutritional science continue to evolve. With increasing attention on tailored nutrition solutions and the rise of plant-based options, this market is gearing up for robust growth and innovation.
Protein Hydrolysates Market Size Projections Through 2030
The protein hydrolysates market is forecasted to grow substantially, reaching a value of $7.25 billion by 2030. This…
Processed Meat Market Overview: Major Segments, Strategic Developments, and Lead …
The processed meat industry is positioned for substantial expansion over the coming years, driven by evolving consumer preferences and technological advancements. As the market adapts to changing demands and regulatory landscapes, it is expected to reach impressive valuation milestones. Let's explore the current market size, key players, emerging trends, and detailed segment analyses shaping this sector's future.
Forecasted Market Size and Growth Trajectory of the Processed Meat Market
The processed…
More Releases for Ply
How Goldwood Ply Maintains Competitive Plywood Rates Across India
Goldwood Ply & Boards Pvt. Ltd. operates as one of India's most practical and transparent plywood manufacturers. The company has built its reputation by focusing on what actually matters to customers. Quality materials, along with fair pricing, remain at the core of their operations across multiple regions in India.
The company manufactures various plywood grades suited to different construction and furniture needs. Goldwood Ply offers commercial plywood pricing options that work…
Revolutionizing Concrete Lifting Near Me with PLY Solutions
PLY Solutions is committed to maintaining the highest standards of quality in every project. Their team works closely with clients to understand their concerns and provide tailored solutions that exceed expectations. By leveraging their expertise in concrete raising, PLY Solutions continues to set the benchmark for excellence in the industry.
Concrete issues like sinking driveways, uneven patios, or tilted sidewalks can be more than just an eyesore-they can pose safety risks…
Revolutionizing Concrete Repair: PLY Solutions Introduces Advanced Jacking Servi …
Concrete settlement and uneven surfaces are common issues that can lead to significant problems if not addressed promptly. To combat these challenges, PLY Solutions is proud to announce the expansion of its comprehensive concrete lifting and soil stabilization services in Silver Spring. Specializing in cutting-edge techniques such as mud jacking, polyurethane foam [https://www.plysolutions.com/#:~:text=unique%20properties%20of-,polyurethane%20foam,-to%20deliver%20high] jacking, and slab jacking, PLY Solutions is dedicated to providing effective, long-lasting solutions for both residential and…
Transforming Silver Spring: Innovative Construction Solutions by PLY Solutions
PLY Solutions is proud to announce a suite of groundbreaking construction solutions in Silver Spring, tailored to address the diverse needs of residential, commercial, and industrial clients. With a robust portfolio of services including mud jacking in Silver Spring, soil stabilization services, and comprehensive construction solutions, PLY Solutions is at the forefront of revolutionizing the construction industry in the region.
PLY Solutions is proud to announce a suite of groundbreaking construction…
Plywood Manufacturing Plant Market Outlook Highlights Major Opportunities by 203 …
Companies can find new channels and messaging advice to boost connections by utilizing reports like the Plywood Manufacturing Plant Market study. Decisions about the company's marketing strategy are based in part on the findings of this market research analysis report. Industry research is a dynamic process that changes daily as new knowledge and trends emerge. Answering important market research inquiries can be made possible by having access to the most…
Global 3-ply Bags Market Analysis (2020-2025)
Global Info Research offers a latest published report on 3-ply Bags Analysis and Forecast 2020-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global 3-ply Bags Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Click to view the full report TOC, figure and tables:
https://www.globalinforesearch.com/reports/518088/3-ply-bags
Market…
