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
Event Camera Module Market Landscape to 2034: Key Forces Shaping the Next Decade …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Event Camera Module Industry Market Size Be by 2025?
The market for event camera modules has experienced swift expansion in the past few years. Expectations are to see it rise from $3.82 billion in 2024 to $4.53 billion in 2025, with a compound annual growth rate…
Enterprise Imaging Information Technology (IT) Market Poised to Hit $3.89 Billio …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Enterprise Imaging Information Technology (IT) Market Size By 2025?
The size of the enterprise imaging information technology (IT) market has seen significant expansion in the past few years. Its size is predicted to escalate from $2.10 billion in 2024 to $2.39 billion in 2025, reflecting…
Key Trends Reshaping the Electronic Payment Processing Market: Enhancing Transac …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Electronic Payment Processing Market Size Growth Forecast: What to Expect by 2025?
The market size of electronic payment processing has seen a swift surge in recent years. It's set to expand from $100.73 billion in 2024 to $112.36 billion in 2025, boasting a compound annual growth rate (CAGR) of…
Increasing Proliferation Of Internet Of Things (IoT) Devices Fueling The Growth …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Edge Artificial Intelligence Accelerator Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the edge artificial intelligence accelerator has witnessed a significant surge recently. It is projected to expand from $8.28 billion in 2024 to $11.10 billion in 2025, boasting a compound…
More Releases for Ply
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…
Global Disposable 3-ply Face Masks Market Growth 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Disposable 3-ply Face Masks industry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Disposable 3-ply Face Masks and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.).
GLOBAL INFO RESEARCH has lately published a new report titled, *Global Disposable 3-ply Face Masks Market 2020 by Manufacturers, Regions, Type and…
