India Plywood Market Report by Sector, Product Type, Application, Consumer Price, Dealer Price, and State FY 2024 to FY 2032

Description

List of Tables

The India plywood market size reached INR 222.3 Billion in FY 2023-24. Looking forward, IMARC Group expects the market to reach INR 372.5 Billion by FY 2032-33, exhibiting a growth rate (CAGR) of 5.7% during FY 2024-25 to FY 2032-33. The growing number of distribution networks and exclusive outlets of premium furniture, increasing demand for easy-to-assemble and light weight furniture, and rising number of government housing schemes and infrastructural projects represent some of the key factors driving the market.

Plywood refers to a building material manufactured by assembling thin layers of wood veneer together by strong adhesives. It comprises softwoods and hardwoods or a combination of both procured from maple, mahogany, oak, pine, cedar, spruce, and teak. It is commercially available as tropical, aircraft, decorative, flexible, and marine plywood. It is a versatile material that can effortlessly adapt to the aesthetics of any interior design. It is an economical and factory-made sheet of wood with precise dimensions that does not warp or get damaged with changes in atmospheric moisture. It is employed in the production of furniture, such as tables, chairs, shelves, cabinets, sofa frames, beds, and stools. It is also utilized to create a mold for concrete structures and for decorative purposes, such as internal and external cladding of cabinets, shelves, and other storage spaces. As it is used for making false ceilings due to its high tensile strength, the demand for plywood is rising in India.

India Plywood Market Report

Indian Plywood Industry Trends:

At present, the increasing demand for plywood due to the growing number of distribution networks and exclusive outlets of premium furniture manufacturers represents one of the primary factors influencing the market positively in India. Besides this, the rising integration of technologically advanced production methods to manufacture plywood with improved features, such as flexible plywood, is propelling the growth of the market. In addition, the growing utilization of plywood for making partitions and false ceilings in houses and office spaces is offering a favorable market outlook in the country. Apart from this, the increasing employment of plywood in manufacturing various easy-to-assemble and lightweight furniture is contributing to the growth of the market. Additionally, the rising production of various do-it-yourself (DIY) projects from plywood, which can be easily drilled, shaped, and cut according to specific requirements, is supporting the growth of the market in India. Moreover, the increasing number of government housing schemes and infrastructural projects, coupled with rising urban settlements in the country, is bolstering the growth of the market. Furthermore, the increasing renovation and infrastructure development activities among homeowners, along with the growing preferences of individuals to incorporate unique accents in their interior designs, are catalyzing the demand for plywood in India.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India plywood market report, along with forecasts at the country and regional level from FY 2024-25 to FY 2032-33. Our report has categorized the market based on sector, product type, application, consumer price and dealer price.

Sector Insights:

Organized

Unorganized

The report has provided a detailed breakup and analysis of the India plywood market based on the sector. This includes organized and unorganized. According to the report, unorganized represented the largest segment.

Product Type Insights:

Marine Ply

Commercial Ply

A detailed breakup and analysis of the India plywood market based on the product type has also been provided in the report. This includes commercial ply and marine ply. According to the report, commercial ply accounted for the largest market.

Application Insights:

Residential

Commercial

A detailed breakup and analysis of the India plywood market based on the application has also been provided in the report. This includes residential and commercial. According to the report, residential accounted for the largest market share.

Consumer Price Insights:

Less than INR 60 per Sq. Ft.

INR 60-79 per Sq. Ft.

INR 80-94 per Sq. Ft.

INR 95-104 per Sq. Ft.

INR 105-115 per Sq. Ft.

Above INR 115 per Sq. Ft.

A detailed breakup and analysis of the India plywood market based on the consumer price has also been provided in the report. This includes less than INR 60 per Sq. Ft., INR 60-79 per Sq. Ft., INR 80-94 per Sq. Ft., INR 95-104 per Sq. Ft., INR 105-115 per Sq. Ft., and above INR 115 per Sq. Ft. According to the report, less than INR 60 per Sq. Ft. accounted for the largest market share.

Dealer Price Insights:

Less than INR 60 per Sq. Ft.

INR 60-79 per Sq. Ft.

INR 80-94 per Sq. Ft.

INR 95-104 per Sq. Ft.

INR 105-115 per Sq. Ft.

Above INR 115 per Sq. Ft.

A detailed breakup and analysis of the India plywood market based on the dealer price has also been provided in the report. This includes less than INR 60 per Sq. Ft., INR 60-79 per Sq. Ft., INR 80-94 per Sq. Ft., INR 95-104 per Sq. Ft., INR 105-115 per Sq. Ft., and above INR 115 per Sq. Ft. According to the report, less than INR 60 per Sq. Ft. accounted for the largest market share.

States Insights:

North India

Delhi NCR

Uttar Pradesh

Rajasthan

Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir

West and Central India

Maharashtra and Goa

Gujarat, Dadra and Nagar Haveli and Daman & Diu

Madhya Pradesh and Chhattisgarh

South India

Tamil Nadu and Puducherry

Andhra Pradesh

Kerala and Lakshadweep

Karnataka

Telangana

East India

West Bengal and Andaman & Nicobar Islands

Orissa

Jharkhand

Bihar

Northeastern States

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the India plywood market. Competitive analysis such as market structure, market share by key players, 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. Some of the companies covered include Archid Ply, Austin Ply, Century Plywood, Duro Ply, Gattani Plywood, Green Ply, Green Panel, Kajaria Ply, Kit Ply, Merino Industries Limited, Oswin Plywood Prestige Ply, Saburi Ply, Trojan Ply, Uni Ply, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the India plywood market in FY 2023-24?
2. What is the expected growth rate of the India plywood market during FY 2024-2025 to FY 2032-33?
3. What are the key factors driving the India plywood market?
4. What has been the impact of COVID-19 on the India plywood market?
5. What is the breakup of the India plywood market based on the sector?
6. What is the breakup of the India plywood market based on the product type?
7. What is the breakup of the India plywood market based on the application?
8. What is the breakup of the India plywood market based on the consumer price?
9. What is the breakup of the India plywood market based on the dealer price?
10. What are the key regions in the India plywood market?
11. Who are the key players/companies in the India plywood market?

Product Code: SR112024A797

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 India Plywood Market

5.1 Market Overview
5.2 Market Performance
- 5.2.1 Volume Trends
- 5.2.2 Value Trend
5.3 Impact of COVID-19
5.4 Market Forecast
- 5.4.1 Volume Trends
- 5.4.2 Value Trend

6 Market Breakup by Sector

6.1 Organised
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
6.2 Unorganised
- 6.2.1 Market Trends
- 6.2.2 Market Forecast

7 Market Breakup by Product Type

7.1 Commercial Ply
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
7.2 Marine Ply
- 7.2.1 Market Trends
- 7.2.2 Market Forecast

8 Market Breakup by Application

8.1 Residential
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast

9 Market Breakup by Consumer Price

9.1 Less than INR 60 per Sq. Ft.
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
9.2 INR 60-79 per Sq. Ft.
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
9.3 INR 80-94 per Sq. Ft.
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
9.4 INR 95-104 per Sq. Ft.
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
9.5 INR 105-115 per Sq. Ft.
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
9.6 Above INR 115 per Sq. Ft.
- 9.6.1 Market Trends
- 9.6.2 Market Forecast

10 Market Breakup by Dealer Price

10.1 Less than INR 60 per Sq. Ft.
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
10.2 INR 60-79 per Sq. Ft.
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
10.3 INR 80-94 per Sq. Ft.
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
10.4 INR 95-104 per Sq. Ft.
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
10.5 INR 105-115 per Sq. Ft.
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
10.6 Above INR 115 per Sq. Ft.
- 10.6.1 Market Trends
- 10.6.2 Market Forecast

11 Karnataka Plywood Market

11.1 Market Overview
11.2 Market Performance
- 11.2.1 Volume Trends
- 11.2.2 Value Trend
11.3 Market Forecast
- 11.3.1 Volume Trends
- 11.3.2 Value Trend
11.4 Market Breakup by Sector
11.5 Market Breakup by Product Type
11.6 Market Breakup by Application
11.7 Market Breakup by Consumer Price
11.8 Market Breakup by Dealer Landing Price
11.9 Market Share of Key Players in Plywood Market
11.10 Market Shares of Key Players in Block Board Market
11.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
11.12 Ratio Between Plywood and Blockboard
11.13 Market Breakup by Key Players in Region

12 Maharashtra and Goa Plywood Market

12.1 Market Overview
12.2 Market Performance
- 12.2.1 Volume Trends
- 12.2.2 Value Trend
12.3 Market Forecast
- 12.3.1 Volume Trends
- 12.3.2 Value Trend
12.4 Market Breakup by Sector
12.5 Market Breakup by Product Type
12.6 Market Breakup by Application
12.7 Market Breakup by Consumer Price
12.8 Market Breakup by Dealer Landing Price
12.9 Market Share of Key Players in Plywood Market
12.10 Market Shares of Key Players in Block Board Market
12.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
12.12 Ratio Between Plywood and Blockboard
12.13 Market Breakup by Key Players in Region

13 Tamil Nadu and Puducherry Plywood Market

13.1 Market Overview
13.2 Market Performance
- 13.2.1 Volume Trends
- 13.2.2 Value Trend
13.3 Market Forecast
- 13.3.1 Volume Trends
- 13.3.2 Value Trend
13.4 Market Breakup by Sector
13.5 Market Breakup by Product Type
13.6 Market Breakup by Application
13.7 Market Breakup by Consumer Price
13.8 Market Breakup by Dealer Landing Price
13.9 Market Share of Key Players in Plywood Market
13.10 Market Shares of Key Players in Block Board Market
13.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
13.12 Ratio Between Plywood and Blockboard

14 Delhi Plywood Market

14.1 Market Overview
14.2 Market Performance
- 14.2.1 Volume Trends
- 14.2.2 Value Trend
14.3 Market Forecast
- 14.3.1 Volume Trends
- 14.3.2 Value Trend
14.4 Market Breakup by Sector
14.5 Market Breakup by Product Type
14.6 Market Breakup by Application
14.7 Market Breakup by Consumer Price
14.8 Market Breakup by Dealer Landing Price
14.9 Market Share of Key Players in Plywood Market
14.10 Market Shares of Key Players in Block Board Market
14.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
14.12 Ratio Between Plywood and Blockboard

15 Gujarat, Dadra and Nagar Haveli and Daman & Diu

15.1 Market Overview
15.2 Market Performance
- 15.2.1 Volume Trends
- 15.2.2 Value Trend
15.3 Market Forecast
- 15.3.1 Volume Trends
- 15.3.2 Value Trend
15.4 Market Breakup by Sector
15.5 Market Breakup by Product Type
15.6 Market Breakup by Application
15.7 Market Breakup by Consumer Price
15.8 Market Breakup by Dealer Landing Price
15.9 Market Share of Key Players in Plywood Market
15.10 Market Shares of Key Players in Block Board Market
15.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
15.12 Ratio Between Plywood and Blockboard
15.13 Market Breakup by Key Players in Region

16 Andhra Pradesh

16.1 Market Overview
16.2 Market Performance
- 16.2.1 Volume Trends
- 16.2.2 Value Trend
16.3 Market Forecast
- 16.3.1 Volume Trends
- 16.3.2 Value Trend
16.4 Market Breakup by Sector
16.5 Market Breakup by Product Type
16.6 Market Breakup by Application
16.7 Market Breakup by Consumer Price
16.8 Market Breakup by Dealer Landing Price
16.9 Market Share of Key Players in Plywood Market
16.10 Market Shares of Key Players in Block Board Market
16.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
16.12 Ratio Between Plywood and Blockboard

17 Telangana

17.1 Market Overview
17.2 Market Performance
- 17.2.1 Volume Trends
- 17.2.2 Value Trend
17.3 Market Forecast
- 17.3.1 Volume Trends
- 17.3.2 Value Trend
17.4 Market Breakup by Sector
17.5 Market Breakup by Product Type
17.6 Market Breakup by Application
17.7 Market Breakup by Consumer Price
17.8 Market Breakup by Dealer Landing Price
17.9 Market Share of Key Players in Plywood Market
17.10 Market Shares of Key Players in Block Board Market
17.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
17.12 Ratio Between Plywood and Blockboard

18 Uttar Pradesh

18.1 Market Overview
18.2 Market Performance
- 18.2.1 Volume Trends
- 18.2.2 Value Trend
18.3 Market Forecast
- 18.3.1 Volume Trends
- 18.3.2 Value Trend
18.4 Market Breakup by Sector
18.5 Market Breakup by Product Type
18.6 Market Breakup by Application
18.7 Market Breakup by Consumer Price
18.8 Market Breakup by Dealer Landing Price
18.9 Market Share of Key Players in Plywood Market
18.10 Market Shares of Key Players in Block Board Market
18.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
18.12 Ratio Between Plywood and Blockboard
18.13 Market Breakup by Key Players in Region

19 Kerala and Lakshadweep

19.1 Market Overview
19.2 Market Performance
- 19.2.1 Volume Trends
- 19.2.2 Value Trend
19.3 Market Forecast
- 19.3.1 Volume Trends
- 19.3.2 Value Trend
19.4 Market Breakup by Sector
19.5 Market Breakup by Product Type
19.6 Market Breakup by Application
19.7 Market Breakup by Consumer Price
19.8 Market Breakup by Dealer Landing Price
19.9 Market Share of Key Players in Plywood Market
19.10 Market Shares of Key Players in Block Board Market
19.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
19.12 Ratio Between Plywood and Blockboard

20 West Bengal and Andaman & Nicobar Islands

20.1 Market Overview
20.2 Market Performance
- 20.2.1 Volume Trends
- 20.2.2 Value Trend
20.3 Market Forecast
- 20.3.1 Volume Trends
- 20.3.2 Value Trend
20.4 Market Breakup by Sector
20.5 Market Breakup by Product Type
20.6 Market Breakup by Application
20.7 Market Breakup by Consumer Price
20.8 Market Breakup by Dealer Landing Price
20.9 Market Share of Key Players in Plywood Market
20.10 Market Shares of Key Players in Block Board Market
20.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
20.12 Ratio Between Plywood and Blockboard
20.13 Market Breakup by Key Players in Region

21 Rajasthan

21.1 Market Overview
21.2 Market Performance
- 21.2.1 Volume Trends
- 21.2.2 Value Trend
21.3 Market Forecast
- 21.3.1 Volume Trends
- 21.3.2 Value Trend
21.4 Market Breakup by Sector
21.5 Market Breakup by Product Type
21.6 Market Breakup by Application
21.7 Market Breakup by Consumer Price
21.8 Market Breakup by Dealer Landing Price
21.9 Market Share of Key Players in Plywood Market
21.10 Market Shares of Key Players in Block Board Market
21.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
21.12 Ratio Between Plywood and Blockboard

22 Madhya Pradesh and Chhattisgarh

22.1 Market Overview
22.2 Market Performance
- 22.2.1 Volume Trends
- 22.2.2 Value Trend
22.3 Market Forecast
- 22.3.1 Volume Trends
- 22.3.2 Value Trend
22.4 Market Breakup by Sector
22.5 Market Breakup by Product Type
22.6 Market Breakup by Application
22.7 Market Breakup by Consumer Price
22.8 Market Breakup by Dealer Landing Price
22.9 Market Share of Key Players in Plywood Market
22.10 Market Shares of Key Players in Block Board Market
22.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
22.12 Ratio Between Plywood and Blockboard

23 Punjab, Haryana, Himachal Pradesh and Jammu & Kashmir

23.1 Market Overview
23.2 Market Performance
- 23.2.1 Volume Trends
- 23.2.2 Value Trend
23.3 Market Forecast
- 23.3.1 Volume Trends
- 23.3.2 Value Trend
23.4 Market Breakup by Sector
23.5 Market Breakup by Product Type
23.6 Market Breakup by Application
23.7 Market Breakup by Consumer Price
23.8 Market Breakup by Dealer Landing Price
23.9 Market Share of Key Players in Plywood Market
23.10 Market Shares of Key Players in Block Board Market
23.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
23.12 Ratio Between Plywood and Blockboard

24 North Eastern States

24.1 Market Overview
24.2 Market Performance
- 24.2.1 Volume Trends
- 24.2.2 Value Trend
24.3 Market Forecast
- 24.3.1 Volume Trends
- 24.3.2 Value Trend
24.4 Market Breakup by Sector
24.5 Market Breakup by Product Type
24.6 Market Breakup by Application
24.7 Market Breakup by Consumer Price
24.8 Market Breakup by Dealer Landing Price
24.9 Market Share of Key Players in Plywood Market
24.10 Market Shares of Key Players in Block Board Market
24.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
24.12 Ratio Between Plywood and Blockboard

25 Bihar

25.1 Market Overview
25.2 Market Performance
- 25.2.1 Volume Trends
- 25.2.2 Value Trend
25.3 Market Forecast
- 25.3.1 Volume Trends
- 25.3.2 Value Trend
25.4 Market Breakup by Sector
25.5 Market Breakup by Product Type
25.6 Market Breakup by Application
25.7 Market Breakup by Consumer Price
25.8 Market Breakup by Dealer Landing Price
25.9 Market Share of Key Players in Plywood Market
25.10 Market Shares of Key Players in Block Board Market
25.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
25.12 Ratio Between Plywood and Blockboard

26 Jharkhand

26.1 Market Overview
26.2 Market Performance
- 26.2.1 Volume Trends
- 26.2.2 Value Trend
26.3 Market Forecast
- 26.3.1 Volume Trends
- 26.3.2 Value Trend
26.4 Market Breakup by Sector
26.5 Market Breakup by Product Type
26.6 Market Breakup by Application
26.7 Market Breakup by Consumer Price
26.8 Market Breakup by Dealer Landing Price
26.9 Market Share of Key Players in Plywood Market
26.10 Market Shares of Key Players in Block Board Market
26.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
26.12 Ratio Between Plywood and Blockboard

27 Odisha

27.1 Market Overview
27.2 Market Performance
- 27.2.1 Volume Trends
- 27.2.2 Value Trend
27.3 Market Forecast
- 27.3.1 Volume Trends
- 27.3.2 Value Trend
27.4 Market Breakup by Sector
27.5 Market Breakup by Product Type
27.6 Market Breakup by Application
27.7 Market Breakup by Consumer Price
27.8 Market Breakup by Dealer Landing Price
27.9 Market Share of Key Players in Plywood Market
27.10 Market Shares of Key Players in Block Board Market
27.11 Market Shares of Different Grades of Blockboard by Grade MR, BWP and BWR
27.12 Ratio Between Plywood and Blockboard

28 India Blockboard Market: Competitive Landscape

28.1 Market Share of Key players of Plywood: Volume Wise (Organized Market)
28.2 Market Share of Key Players of Plywood: Value Wise (Organized Market)
28.3 Market Share of Key players of Black Board: Volume Wise (Organized Market)
28.4 Market Share of Key Players of Block Board: Value Wise (Organized Market)
28.5 Profiles of Key Players
- 28.5.1 Archid Ply
  - 28.5.1.1 Company Overview
  - 28.5.1.2 Product Portfolio
  - 28.5.1.3 Financials
- 28.5.2 Austin Ply
  - 28.5.2.1 Company Overview
  - 28.5.2.2 Product Portfolio
  - 28.5.2.3 Financials
- 28.5.3 Century Plywood
  - 28.5.3.1 Company Overview
  - 28.5.3.2 Product Portfolio
  - 28.5.3.3 Financials
- 28.5.4 Duro Ply
  - 28.5.4.1 Company Overview
  - 28.5.4.2 Product Portfolio
  - 28.5.4.3 Financials
- 28.5.5 Gattani Plywood
  - 28.5.5.1 Company Overview
  - 28.5.5.2 Product Portfolio
- 28.5.6 Green Ply
  - 28.5.6.1 Company Overview
  - 28.5.6.2 Product Portfolio
  - 28.5.6.3 Financials
- 28.5.7 Green Panel
  - 28.5.7.1 Company Overview
  - 28.5.7.2 Product Portfolio
  - 28.5.7.3 Financials
- 28.5.8 Kajaria Ply
  - 28.5.8.1 Company Overview
  - 28.5.8.2 Product Portfolio
- 28.5.9 Kit Ply
  - 28.5.9.1 Company Overview
  - 28.5.9.2 Product Portfolio
- 28.5.10 Merino Industries Limited
  - 28.5.10.1 Company Overview
  - 28.5.10.2 Product Portfolio
  - 28.5.10.3 Financials
- 28.5.11 Oswin Plywood Prestige Ply
  - 28.5.11.1 Company Overview
  - 28.5.11.2 Product Portfolio
- 28.5.12 Saburi Ply
  - 28.5.12.1 Company Overview
  - 28.5.12.2 Product Portfolio
- 28.5.13 Trojan Ply
  - 28.5.13.1 Company Overview
  - 28.5.13.2 Product Portfolio
- 28.5.14 Uni Ply
  - 28.5.14.1 Company Overview
  - 28.5.14.2 Product Portfolio