PUBLISHER: The Business Research Company | PRODUCT CODE: 1931436
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931436
Manufactured wood materials, also known as composite wood, manufactured board, or composite board, refer to derivative wood products created by binding or attaching strands, particles, etc., together using adhesives or other fixation techniques to form composite materials.
The main types of manufactured wood materials include reconstituted wood, plywood, and veneer sheets. Reconstituted wood is produced by rotary sawing wood sheets, gluing them together, and treating them to resemble various other woods. Reconstituted wood is used in the manufacturing of wall coverings, workstations, cabinetry, parquet flooring, and bookcases. Different types of wood plants, such as teak, oak, and others, are utilized for residential and commercial applications in the production of manufactured wood materials.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the manufactured wood materials market by increasing costs of imported timber, resins, adhesives, and processing machinery. Construction and furniture manufacturing sectors in North America and Europe are most affected due to reliance on cross-border raw material sourcing. These tariffs are raising production costs and affecting pricing competitiveness. However, they are encouraging domestic timber utilization, local board manufacturing, and investments in alternative wood composites.
The manufactured wood materials market research report is one of a series of new reports from The Business Research Company that provides manufactured wood materials market statistics, including manufactured wood materials industry global market size, regional shares, competitors with a manufactured wood materials market share, detailed manufactured wood materials market segments, market trends and opportunities, and any further data you may need to thrive in the manufactured wood materials industry. This manufactured wood materials market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The manufactured wood materials market size has grown strongly in recent years. It will grow from $315.1 billion in 2025 to $333.98 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to expansion of residential and commercial construction, availability of wood processing technologies, rising demand for affordable building materials, growth of furniture manufacturing, adoption of plywood alternatives.
The manufactured wood materials market size is expected to see strong growth in the next few years. It will grow to $434.29 billion in 2030 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to increasing green building adoption, rising demand for sustainable wood products, expansion of prefabricated construction, growing furniture export demand, increasing regulatory focus on emissions. Major trends in the forecast period include increasing use of engineered wood in construction, growing demand for cost-effective composite boards, expansion of modular furniture manufacturing, increasing adoption of low-emission adhesives, enhanced focus on material consistency.
The increasing demand for construction is expected to drive the growth of the manufactured wood materials market in the coming years. Construction involves the planning, designing, building, and assembling of physical structures, facilities, or infrastructure. Manufactured wood materials contribute positively to economic, environmental, and societal outcomes by promoting sustainability, innovation, and efficiency within the construction industry. For example, in June 2024, TST Europe AG, a Switzerland-based non-governmental organization, reported that total construction spending in the U.S. reached $1.98 trillion in 2023, reflecting a 7.4% increase from the previous year. Additionally, the number of construction businesses in the U.S. stood at approximately 745,000 in 2023. Therefore, the rising demand for construction is fueling the growth of the manufactured wood materials market.
Companies in the manufactured wood materials market are increasingly focusing on innovative products, such as ready-to-use plywood and board techply, to provide reliable and convenient solutions to their customers. These engineered wood products are designed for ease of use in various construction and woodworking applications, offering pre-finished surfaces that require no additional finishing before installation. For instance, in June 2023, Duroply Industries Limited, an India-based manufacturer of plywood and wood-based products, launched India's first ready-to-use plywood and board techply. Techply is highly versatile and suitable for a wide range of applications. Its veneer-like finish allows for direct use in furniture construction, and it is constructed from European beech hardwood, providing superior mechanical strength and durability compared to conventional plywood.
In September 2025, Armstrong World Industries Inc., a US-based manufacturer of wall and ceiling building materials, acquired Geometrik Manufacturing Inc. for an undisclosed amount. The acquisition enables Armstrong World Industries to expand its architectural wood solutions portfolio, strengthen its presence in premium and custom wood ceilings and walls, and enhance design-driven offerings for commercial interior spaces by integrating Geometrik's capabilities. Geometrik Manufacturing Inc. is a Canada-based company specializing in wood acoustic wall and ceiling systems using a variety of wood species.
Major companies operating in the manufactured wood materials market are Georgia Pacific, Weyerhaeuser, Boise Cascade, West Fraser, UPM Kymmene, Metsa Group, Century Plyboards India, Greenply Industries, Garnica, Caledonian Plywood, Hanson Plywood, Austral Plywoods, Eksons Corporation, Syktyvkar Plywood Mill, Plyterra Group, Segezha Group, Berneck, Araupel, Linea Parana Madeiras, IMCA Panels
Asia-Pacific was the largest region in the manufactured wood materials market in 2025. North America was the second largest region in the manufactured wood materials market. The regions covered in the manufactured wood materials market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the manufactured wood materials market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The market for manufactured wood materials consists of sales of laminated veneer lumber, Glulam, Oriented Strand Boards, pinewood, and spruce wood. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Manufactured Wood Materials Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses manufactured wood materials market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for manufactured wood materials ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The manufactured wood materials market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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