Plywood and Laminates Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type, By Application, By Region & Competition, 2021-2031F

Description

The Global Plywood and Laminates Market will grow from USD 65.08 Billion in 2025 to USD 98.66 Billion by 2031 at a 7.18% CAGR. Plywood and laminates are engineered wood products and synthetic surface finishes manufactured by bonding layers of veneer or composite substrates under high pressure, widely utilized for their structural integrity and aesthetic versatility in construction and furniture.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 65.08 Billion
Market Size 2031	USD 98.66 Billion
CAGR 2026-2031	7.18%
Fastest Growing Segment	Hardwood Plywood
Largest Market	North America

Key Market Drivers

Rapid Expansion of Residential and Commercial Construction Activities serves as the primary engine for the Global Plywood and Laminates Market, propelled by the urgent need for scalable and durable building materials in growing urban centers. As infrastructure projects multiply, the reliance on engineered wood for structural applications, flooring, and concrete formwork intensifies, directly correlating with increased market valuation.

Key Market Challenges

The volatility of raw material costs and supply chain disruptions represents a formidable barrier to the expansion of the Global Plywood and Laminates Market. Manufacturers are heavily dependent on the consistent availability of quality timber logs and chemical resins, both of which have experienced significant price fluctuations and logistical bottlenecks. When input costs rise unexpectedly or shipments are delayed, producers struggle to maintain stable pricing structures, which often forces them to either absorb losses or pass increased costs to consumers, thereby dampening demand. This instability complicates long-term planning and investment, causing market players to scale back production volumes and delaying the fulfillment of construction and furniture orders.

Key Market Trends

The Incorporation of Bio-Based Resins and Recycled Materials in Manufacturing is reshaping the market as producers transition away from traditional phenol-formaldehyde adhesives to meet stringent environmental regulations. This shift serves as a critical value proposition to reduce the carbon footprint of engineered wood, with manufacturers utilizing lignin-based technologies to substitute fossil-based chemicals effectively. This technological pivot allows companies to lower the embodied carbon of their finished goods without compromising structural integrity.

Key Market Players

Century Plyboard Ltd.
Greenply Industries Ltd.
Jaya Tiasa Holdings Bhd.
SVEZA Forest Ltd.
Weyerhaeuser Company
Georgia-Pacific LLC
West Fraser Timber Co. Ltd.
International Paper Company
Louisiana-Pacific Corporation
Kronospan Holding GmbH

Report Scope:

In this report, the Global Plywood and Laminates Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Plywood and Laminates Market, By Product Type:

Hardwood Plywood
Softwood Plywood
Decorative Plywood
Tropical Plywood
Others

Plywood and Laminates Market, By Application:

Construction
Furniture
Packaging
Transportation
Flooring
Others

Plywood and Laminates Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Plywood and Laminates Market.

Available Customizations:

Global Plywood and Laminates Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Plywood and Laminates Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Product Type (Hardwood Plywood, Softwood Plywood, Decorative Plywood, Tropical Plywood, Others)
- 5.2.2. By Application (Construction, Furniture, Packaging, Transportation, Flooring, Others)
- 5.2.3. By Region
- 5.2.4. By Company (2025)
5.3. Market Map

6. North America Plywood and Laminates Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Application
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Plywood and Laminates Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Product Type
    - 6.3.1.2.2. By Application
- 6.3.2. Canada Plywood and Laminates Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Product Type
    - 6.3.2.2.2. By Application
- 6.3.3. Mexico Plywood and Laminates Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Product Type
    - 6.3.3.2.2. By Application

7. Europe Plywood and Laminates Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Product Type
- 7.2.2. By Application
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Plywood and Laminates Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Product Type
    - 7.3.1.2.2. By Application
- 7.3.2. France Plywood and Laminates Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Product Type
    - 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Plywood and Laminates Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Product Type
    - 7.3.3.2.2. By Application
- 7.3.4. Italy Plywood and Laminates Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Product Type
    - 7.3.4.2.2. By Application
- 7.3.5. Spain Plywood and Laminates Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Product Type
    - 7.3.5.2.2. By Application

8. Asia Pacific Plywood and Laminates Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Product Type
- 8.2.2. By Application
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Plywood and Laminates Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Product Type
    - 8.3.1.2.2. By Application
- 8.3.2. India Plywood and Laminates Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Product Type
    - 8.3.2.2.2. By Application
- 8.3.3. Japan Plywood and Laminates Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Product Type
    - 8.3.3.2.2. By Application
- 8.3.4. South Korea Plywood and Laminates Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Product Type
    - 8.3.4.2.2. By Application
- 8.3.5. Australia Plywood and Laminates Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Product Type
    - 8.3.5.2.2. By Application

9. Middle East & Africa Plywood and Laminates Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Product Type
- 9.2.2. By Application
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Plywood and Laminates Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Product Type
    - 9.3.1.2.2. By Application
- 9.3.2. UAE Plywood and Laminates Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Product Type
    - 9.3.2.2.2. By Application
- 9.3.3. South Africa Plywood and Laminates Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Product Type
    - 9.3.3.2.2. By Application

10. South America Plywood and Laminates Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Product Type
- 10.2.2. By Application
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Plywood and Laminates Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Product Type
    - 10.3.1.2.2. By Application
- 10.3.2. Colombia Plywood and Laminates Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Product Type
    - 10.3.2.2.2. By Application
- 10.3.3. Argentina Plywood and Laminates Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Product Type
    - 10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Plywood and Laminates Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Century Plyboard Ltd.
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Greenply Industries Ltd.
15.3. Jaya Tiasa Holdings Bhd.
15.4. SVEZA Forest Ltd.
15.5. Weyerhaeuser Company
15.6. Georgia-Pacific LLC
15.7. West Fraser Timber Co. Ltd.
15.8. International Paper Company
15.9. Louisiana-Pacific Corporation
15.10. Kronospan Holding GmbH