Plywood Market Outlook: Sustainable Growth Driven by Urbanization and Innovation (2025–2034)

As per analysis by Expert Market Research the plywood market reached a value of approximately USD 49.78 billion in 2024 and is poised for substantial growth in the coming decade. This steady rise is driven by increasing demand from sectors like construction, interior design, and furniture manufacturing. As urbanization accelerates, particularly in emerging economies, the need for housing, infrastructure, and commercial projects continues to drive plywood demand. Additionally, the growing preference for eco-friendly and sustainable building materials has further bolstered the market size.