Turkey Plywood Market

Turkey Plywood Market Overview:

The Turkey plywood market size reached USD 440.37 Million in 2024. The market is projected to reach USD 657.26 Million by 2033, exhibiting a growth rate (CAGR) of 4.55% during 2025-2033. With Turkey’s emphasis on refining national and regional connectivity, especially through mega-projects like high-speed rail and new expressways, plywood adoption continues to rise. Besides this, plywood is widely used in the construction and interior design of hospitality spaces due to its durability, ease of installation, and cost-effectiveness, which is further fueling the Turkey plywood market share.

Turkey Plywood Market Trends:

Development of transportation infrastructure

The expansion of transportation infrastructure is positively influencing the market in Turkey. As the country is investing heavily in modernizing and broadening airports, highways, railways, metro systems, and logistics hubs, plywood is utilized in many phases of construction. In May 2025, TAV Airports Holding, which owned Almaty Airport in Turkey, planned to invest USD 362 Million in its development from 2025 to 2029. The investor intended to rebuild the runway, upgrade the domestic terminal, enhance and digitize current cargo facilities, build an airport hotel, and execute additional initiatives to optimize airport operations. Plywood plays a critical role in formwork for concrete casting, temporary structures, scaffolding platforms, and protective barriers. Due to its strength and ease of handling, plywood is preferred for rapid and efficient construction timelines required in infrastructure projects. Additionally, the interior finishing of transportation facilities, such as passenger terminals, waiting areas, ticket counters, and administrative offices, often incorporates plywood in paneling, partitions, and built-in furniture. With Turkey’s focus on improving national and regional connectivity, especially through mega-projects like high-speed rail and new expressways, plywood adoption continues to rise. This sustained infrastructure development is also driving plywood demand in related sectors, such as residential areas that are emerging around new transport nodes. Moreover, plywood’s affordability and wide availability make it an ideal choice for public works that require budget efficiency without compromising performance.

Thriving hospitality industry

The expansion of the hospitality industry is offering a favorable market outlook. According to industry reports, Turkey’s hospitality sector was set to generate a revenue of USD 5.44 Billion by 2024. As the country continues to attract tourists and invest in hotels, resorts, and restaurants, the demand is rising for materials that are both functional and aesthetically appealing. Plywood is widely used in the construction and interior design of hospitality spaces due to its durability, ease of installation, and cost-effectiveness. It is commonly found in furniture, wall paneling, ceilings, partitions, and decorative features across guest rooms, lobbies, dining areas, and conference halls. The constant need for renovation, modernization, and brand-specific designs in hotels and resorts is also contributing to ongoing plywood utilization. Furthermore, as new tourism developments are emerging in both urban centers and coastal regions, plywood serves as a preferred material for its versatility and adaptability to various design requirements. This continuous growth in hospitality projects ensures a steady and expanding market for plywood in Turkey.

Expansion of retail outlets

The broadening of retail outlets is impelling the Turkey plywood market growth. As per IMARC Group, the Turkey retail market size reached USD 391.2 Billion in 2024. As shopping malls, supermarkets, boutiques, and franchise stores continue to open and expand across urban and suburban areas, the demand for plywood is increasing for both structural and interior applications. Plywood is commonly used in retail environments for shelving, counters, partitions, wall cladding, and display units due to its strength, lightweight nature, and smooth finish. Frequent renovations and store redesigns further support plywood utilization, as retailers aim to keep spaces modern and attractive to customers. The rise of local brands and international chains entering the Turkish market is catalyzing continuous demand for cost-effective and versatile materials. Additionally, plywood is ideal for temporary retail setups, such as kiosks and pop-up shops. Overall, retail growth ensures consistent plywood usage in construction, furnishing, and interior decor across Turkey’s expanding commercial landscape.

Turkey Plywood Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on application and sector.

Application Insights:

• Residential
• Commercial

The report has provided a detailed breakup and analysis of the market based on the application. This includes residential and commercial.

Sector Insights:

• New Construction
• Replacement

A detailed breakup and analysis of the market based on the sector have also been provided in the report. This includes new construction and replacement.

Regional Insights:

• Marmara
• Central Anatolia
• Mediterranean
• Aegean
• Southeastern Anatolia
• Black Sea
• Eastern Anatolia

The report has also provided a comprehensive analysis of all the major regional markets, which include Marmara, Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, and Eastern Anatolia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Turkey Plywood Market Report Coverage:

Key Questions Answered in This Report:

• How has the Turkey plywood market performed so far and how will it perform in the coming years?
• What is the breakup of the Turkey plywood market on the basis of application?
• What is the breakup of the Turkey plywood market on the basis of sector?
• What is the breakup of the Turkey plywood market on the basis of region?
• What are the various stages in the value chain of the Turkey plywood market? 
• What are the key driving factors and challenges in the Turkey plywood market?
• What is the structure of the Turkey plywood market and who are the key players?
• What is the degree of competition in the Turkey plywood market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Turkey plywood market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Turkey plywood market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Turkey plywood industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.