The global plywood market size reached a value of USD 50.2 Billion in 2024, the market to reach USD 74.5 Billion by 2033, exhibiting a CAGR of 4.5% during 2025-2033. According to IMARC Group’s analysis, leading plywood companies are prioritizing product innovation, expanding their manufacturing capabilities, and investing in research and development to modernize production processes. Globally, plywood production is on the rise, as it remains one of the most trusted and widely used wood-based building materials. The following section highlights the profiles of the top key players in the market.
The international plywood industry is growing consistently, spurred by increasing demand in the construction, furniture, and interior design sectors. Plywood finds extensive application in construction with its strength, adaptability, and affordability, applicable as a floor, roof, or formwork material. Urbanization and infrastructure development at a fast rate, especially in developing economies, has continued to fuel its uptake. In the furniture industry, plywood is preferred due to its strength, even surface finish, and versatility, facilitating the manufacture of modular and ready-to-assemble furniture that is in line with current consumer lifestyles. Increasing concern about the environment is another important reason, as plywood provides a greener substitute for solid wood by ensuring maximum resource utilization and minimum waste generation. Technological innovations in adhesive and fabrication technologies have further improved plywood's durability against moisture, insects, and general wear, enhancing its performance across various environments. Furthermore, the growing interest in home remodeling and do-it-yourself (DIY) activities has further boosted demand for plywood among DIY consumers for its ease of use and visual appeal. While trends in lifestyle continue to lean towards sustainable living and functional design, plywood continues to be a favored material both in mature as well as emerging markets with its uses broadening steadily in domestic, commercial, as well as industrial purposes.
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The global plywood market has several major players including 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).
Establishment: |
1927 |
Headquarters: |
The United States |
Website: |
https://www.gp.com/ |
Georgia-Pacific is among the world's top manufacturers of pulp, building products, tissue, packaging, containerboard, and related chemicals. Georgia-Pacific is especially renowned for its specialization in the manufacture of wood-based products optimized for the construction sector and specialty uses. Its product range covers plywood, lumber, oriented strand board (OSB), gypsum products, industrial panels, and particle board. Georgia-Pacific supplies mainly the North American market, with 38 factories in the United States and Canada, and has a staff of over 30,000 individuals.
Establishment: |
1903 |
Headquarters: |
The United States |
Website: |
https://www.potlatchdeltic.com/ |
With its headquarters located in Spokane, Washington, Potlatch Corporation has its southern division based in Arkansas, and wood products, timberland, and real estate offices located in seven U.S. states. The company is a timberland real estate investment trust (REIT), and its main focus is on manufacturing a variety of industrial-grade plywood products that find applications in truck beds, boats, and recreational vehicles. Potlatch Corporation recently merged with Deltic Timber Corporation, a US-based natural resources firm, to create PotlatchDeltic Corporation—a leading wood products manufacturer in the industry. The merger created a combined timberland portfolio of about 2 million acres. The newly created firm has eight wood product manufacturing plants, including an industrial plywood plant, a medium-density fiberboard (MDF) facility, and six lumber production plants.
Establishment: |
1900 |
Headquarters: |
The United States |
Website: |
https://www.weyerhaeuser.com/ |
Weyerhaeuser is an integrated forest products company that operates on a global scale, producing softwood lumber and various building products. The company, with its extensive spread of offices and operations across the world, provides an array of plywood panels in various grades, sizes, and types. Its panels have a reputation for being light in weight with excellent aesthetic value and also providing protection against twisting, cracking, shrinking, and warping. Weyerhaeuser's dedication to performance and quality has ensured that its plywood products are a go-to option in the construction and industrial sectors. During the second quarter of 2019, the company had net earnings worth US$ 128 million on net sales of US$ 1.7 billion.
Establishment: |
2004 |
Headquarters: |
The United States |
Website: |
https://www.bc.com/ |
Boise Cascade Company is a prominent supplier of building materials and engineered wood products manufacturer, producing I-joists, laminated veneer lumber (LVL), laminated beams, oriented strand board (OSB), plywood, and lumber. The firm has a broad distribution network of more than 33 facilities, distributing products mainly in North America and China. Its customer base consists of home improvement centers, lumberyards, and industrial converters like door, window, and other product manufacturers. Boise Cascade entered into an agreement in 2019 to sell its plywood operations in North Carolina to Southern Veneer Products, a U.S.-based wood by-products company. The deal included the transfer of about 150 Boise Cascade employees to Southern Veneer Products.
Establishment: |
1996 |
Headquarters: |
Finland |
Website: |
https://www.upm.com/ |
UPM-Kymmene is a leading global forest industry with sustainable, innovation-based alternatives to fossil-based materials. Its range of products includes plywood and timber, pulp, self-adhesive labels, renewable wood-based diesel, and graphic and specialty papers. These products are branded across a number of different brands, including UPM Energy, UPM Specialty Papers, UPM Plywood, UPM Biorefining, UPM Raflatac, and UPM Paper ENA. UPM Plywood manufactures excellent quality WISA veneer and plywood for the transportation industry and the construction industry, as well as UPM Grada, a thermoformable wood product which is used in form-pressing. These are all produced in Europe to high standards of sustainability. In the recent past, UPM's Chudovo plywood mill initiated the trial production for its expansion project that started in 2017. The mill currently supplies customers in Europe and Africa and has introduced WISA-Birch LG to its product line, a structural plywood product that serves construction and interior design applications.
Establishment: |
1997 |
Headquarters: |
Russia |
Website: |
http://www.sveza.com/ |
Sveza is among the world's leading wood processing companies, manufacturing some 1.4 million cubic meters of birch plywood per year in over 200 size and thickness options, exported to more than 80 countries. Sveza high-performance panels find applications in sustainable furniture, architectural interiors, transport, infrastructure, Olympic venues, and construction of skyscrapers. Quality and innovation are the hallmark and emphasize eco-friendly manufacturing according to international standards. In 2019, it introduced Russia's first engineered flooring-specific plywood, SVEZA Parquet, Premium and Standard editions. SVEZA Parquet boasts tight thickness tolerance, high strength, and perfect moisture content, providing superior durability and performance for flooring uses. The introduction reflects Sveza's strategic emphasis on specialized, value-added plywood solutions.
Establishment: |
1947 |
Headquarters: |
Finland |
Website: |
https://www.metsawood.com/ |
Metsä Wood, Finland's core division of Metsa Group, is a top supplier of premium wood products for industrial and construction use. Its product lines consist of Nordic premium timber, Kerto laminated veneer lumber (LVL), and diverse solutions of birch and spruce plywood. It operates in some 14 nations with more than 1,500 workers and offers a broad range of plywood solutions that play key functions in concrete formwork, vehicle flooring, load-bearing structures, and exterior as well as interior construction. Metsä Wood's birch plywood is especially renowned for being strong, dimensionally stable, and aesthetically pleasing, whereas spruce plywood enjoys popularity based on its light yet hard nature. Recently, Metsä Wood opened production at its new birch plywood mill in Pärnu, Estonia. The cutting-edge plant, which is part of a €100 million investment program, will have an annual capacity of producing 50,000 cubic meters and generate approximately 200 jobs in the region, promoting regional economic growth.
Establishment: |
1992 |
Headquarters: |
Finland |
Website: |
https://www.finieris.com/ |
Latvijas Finieris is a leading manufacturer specializing in the production and innovation of birch plywood, as well as in the development of forestry products, synthetic resins, phenol films, and wood-plastic composite overlays. The company operates modern manufacturing facilities in Latvia, Lithuania, Finland, and Estonia, ensuring consistent quality and efficient production. In addition to its strong manufacturing base, Latvijas Finieris maintains 12 fully owned sales and development offices across Europe and other global markets, enabling it to serve customers in over 60 countries. The company is recognized for delivering high-technology plywood solutions tailored to diverse industrial and construction applications. With a focus on sustainability, advanced R&D, and customer-specific solutions, Latvijas Finieris continues to strengthen its position as a trusted supplier of premium birch plywood products, known for their durability, performance, and environmental responsibility.
Establishment: |
1925 |
Headquarters: |
Australia |
Website: |
https://www.australply.com.au/ |
Brisbane-based Austral Plywoods is Australia's leading and most established premium-grade plywood manufacturer, producing marine and appearance-grade panels. Austral Plywoods' products find extensive use throughout Australia and New Zealand in numerous applications, ranging from acoustic treatments and curved surfaces to high-quality furniture, interior wall and ceiling linings, and architectural designs. Respected for their quality, strength, and beauty, Austral Plywoods' panels have been used in various iconic buildings like the Melbourne Recital Centre and the Perth Arena, highlighting the company's role in contemporary design and construction. Embracing environmentally friendly and responsible production, the company is certified under the Australian Chain of Custody standard AS 4707:2014, providing traceability and adherence to the best environmental practices across all its production activities. This accreditation speaks to Austral Plywoods' commitment to providing environmentally responsible, high-performance plywood solutions to the commercial and domestic markets.
Establishment: |
1925 |
Headquarters: |
Australia |
Website: |
https://www.eksons.com.my/ |
Eksons is a major producer of thin tropical plywood in the Asia-Pacific, with products sold abroad under the recognized 'Panda' brand. With special expertise in plywood thickness of less than 3.0 millimeters, the firm's products are mostly utilized in decorative and interior furnishing uses. Along with plywood, Eksons also manufactures veneer and sawn timber, with major emphasis placed on exports. It has two production plants in Sabah and Sarawak, Malaysia, with combined annual production capacity of 285,000 cubic meters. A large percentage of its production is exported, and markets overseas, especially the Middle East, have strong demand. Eksons is known for delivering consistent quality and the capability to deliver global market demands for lightweight yet high-performance wood products.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the plywood industry and regional USA, India, North America, which has enabled clients to set up and expand their businesses successfully.