Scope of the Study
Plywood is a type of furniture which is made by thin layers or "plies" of wood veneer that are attached together with right angle. It is applicable for a wide range of structural, interior and exterior applications. Additionally, Plywood is a collection of wood veneers bonded together to create a flat sheet. It provide strength and durability. Cross-graining also decreases the probabilities of the wood splitting when fixing at the edges and it makes the wood strong to warping, cracking and twisting.
The market study is being classified by Type (Softwood Plywood, Hardwood Plywood, Composite Plywood, Tropical plywood, Aircraft plywood, Decorative plywood, Flexible plywood, Marine Plywood and Others), by Application (Exterior, Interior, Roof, Sub-Floor and Wall) and major geographies with country level break-up. According to AMA, the Global Plywood market is expected to see growth rate of 6.1% and may see market size of USD108.5 Billion by 2024.
Georgia-Pacific Gypsum (United States), Plum Creek Timber Company (United States), Potlatch Corporation (United States), Columbia Forest Products (United States), Smith & Fong (United States), Clarke Veneers (United States), Roseburg (United States), Freeman Mfg. & Supply Co. (United States), Swanson Group (United States), Coastal Plywood Company (United States), Austral Plywoods (Australia) and National Plywood (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Caledonian Plywood (United Kingdom), Ainsworth Lumber Co. Ltd. (Canada), Boise Cascade (United States), Atlantic Plywood (United States), Eksons Corp. (Malaysia), Century Plyboard Ltd. (India) and Greenply Industries (India).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Plywood market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Plywood market by Type, Application and Region.
On the basis of geography, the market of Plywood has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Plywood market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use Industry, the sub-segment i.e. Construction & Buildings will boost the Plywood market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand in Marine Industry for Manufacturing Ship Decks
- Higher Structural Strength as well as Flexibility than the Conventional Woods
- Rising Demand in Automotive Flooring
- Growing adoption of Wooden Equipment in Number of Applications
- Comparatively Higher Cost of Plywood than Oriented Starboard (OSB)
- Adversely Affected of Atmospheric
- Surging Adoption of Plywood in Construction Industry
- Growing Opportunities for Plywood as a Substrate in Inkjet Printing Applications
- Government Legislations against Deforestation
- Ample Number of Substitutes available for Plywood
According to ‘Australia Illegal Logging Prohibition Act’ commenced on 28th November 2012 states that logging in Australia is a criminal offense to intentionally, knowingly or recklessly import wood, pulp and paper products into Australia or process Australian raw logs that have been illegally logged. It also outlines that businesses must undertake ‘due diligence’ on certain regulated processes.
Key Target AudiencePlywood Manufacturers, Plywood Distributors and Traders, Plywood Upstream & Downstream Buyers, Environmental Industry Associations, Government Regulators and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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