North American Plywood Market Research Report 2023-2028

North America Plywood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A1772

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Market Overview 2023-2028:

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.

Plywood is an engineered wood product made from three or more thin sheets of wood also known as 'plies'. These plies are glued together to form a thicker, flat sheet to form plywood. Due to the way the direction of each layer's grain is alternated in relation to adjacent layers, plywood becomes considerably stronger than some other wood-based sheet products, such as medium density fiberboard (MDF). It is also an economical, factory-produced sheet of wood with precise dimensions that does not warp or crack with changes in atmospheric moisture. These properties make plywood a versatile material with a huge range of applications ranging from wall and floor covering to molds for concrete structures, designer furniture to packaging.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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North America plywood market is currently being driven by several factors. Based on the versatility, dimension stability, strength, stiffness and durability of plywood, it is employed for various structural and constructional purposes. It is used in concrete shuttering, boat-making, light partitions and external walls, flooring systems etc. Apart from this, an increasing number of residential and commercial spaces has also driven its demand in the region. Moreover, recent technological advancements have resulted in the introduction of new plywood variants with improved features, such as flexible plywood. In addition to this, plywood exhibits excellent resistance to a wide range of chemicals, making it suitable for industrial applications, thereby, catalyzing the market growth.

IMARC Group’s latest report provides a deep insight into the North America plywood market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America plywood market in any manner.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the North America plywood market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and sector.

Key Regions Analysed
- United States
- Canada
Analysis for Each Country
Market by Application

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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- Residential
- Commercial
Market by Sector
- New Construction
- Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
- Competitive Structure
- Key Player Profiles

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	Million Cubic Meters
Segment Coverage	Application, Sector, Country
Countries Covered	United States, Canada
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The North America plywood market reached a volume of 15.0 Million Cubic Meters in 2022.

We expect the North America plywood market to exhibit a CAGR of 3.3% during 2023-2028.

The rising adoption of plywood for numerous structural and constructional purposes, owing to its versatility, dimension stability, strength, stiffness, durability, etc., is primarily driving the global plywood market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several North American nations, resulting in the temporary closure of various end-use industries for plywood.

Based on the application, the North America plywood market has been segregated into residential and commercial, where the residential sector currently exhibits a clear dominance in the market.

Based on the sector, the North America plywood market can be bifurcated into new construction and replacement. Currently, new construction holds the largest market share.

On a regional level, the market has been classified into United States and Canada, where United States currently dominates the North America plywood market.

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