Global Plywood Market Forecasted to Reach $73.3 Billion by 2027: A Comprehensive Analysis
The global plywood market size is projected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2%. The increasing demand for plywood from end uses, such as building & construction, packaging, industrial, and furniture sector, drives the market. Demand for multifarious plywood is encouraged by many companies to formulate different developmental strategies...
New Construction Wave Fuels Growth in the Global Plywood Market
The global plywood market size was projected to grow from USD 54.2 billion in 2022 to USD 73.3 billion by 2027, at a CAGR of 6.2%, According to the MarketsandMarkets™ analysis. Plywood is a well-known manufactured wood-based panel product that has been used in global development projects for many years. Plywood panels for structural applications are made up of many layers or plys of softwood veneer...