The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global plywood market was valued at US$ 46.5 Billion in 2020.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in temporary closure of various end-use industries for
Based on the residential and commercial application, the global plywood market has been segmented
into residential and commercial, where residential applications currently account for the largest market
The rising adoption of plywood in the construction sector based on its high structural strength,
improved flexibility, better resistance against chemicals and fire, and excellent insulation against sound
and excessive heating, is currently driving the global plywood market.
Based on the new construction and replacement application, the global plywood market can be divided
into new construction and replacement. Currently, new construction applications exhibit a clear
dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global plywood market include Georgia-Pacific LLC, PotlatchDeltic
Corporation, Weyerhaeuser Company Ltd., Boise Cascade Company, UPM-Kymmene Oyj, SVEZA Forest
Ltd., Metsä Wood (Metsäliitto Cooperative), Latvijas Finieris AS, Austral Plywoods Pty Ltd., and Eksons
Corporation Berhad (BHD).
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