Global Plywood Market to Grow at a CAGR of 4.36% from 2024-2028

The global plywood market is expected to experience significant growth over the next four years. Rising wages in manufacturing hubs, urbanization and industrialization in emerging economies, innovative products, and concerns for sustainability are key drivers of this growth. The market is expected to grow at a CAGR of 4.36% during the forecast period, with hardwood plywood being a major contributor. Plywood finds applications in various sectors, including concrete shuttering, doors, stairs, and framing, as well as in urbanization, infrastructure projects, and advanced manufacturing techniques.

Scroll to Top