Global Plywood Market: Trends, Analysis & Forecast (2025-2033)
Market Overview
The global plywood market is projected to grow from US$ 48.95 billion in 2024 to US$ 73.01 billion by 2033, at a CAGR of 4.54%. Growth is driven by demand in construction, furniture, and sustainable products.
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Market Definition and Composition
Plywood is an engineered wood product made by bonding thin wood veneer layers. Its cross-grain structure provides strength, stability, and resistance to warping.