Plywood Market – Insights

Plywood is manufactured from softwoods, hardwoods, and combination of both. It consists of face and back core. The plies are glued together by strong adhesives such as urea formaldehyde resin or phenol. Plywood is widely used as a building material due to its useful properties such as strength, recyclability, and others. It is an economical, factory-produced sheet of wood with precise dimensions that do not crack or wrap with the changes in atmospheric moisture.

The applications of plywood in the construction industry include formation of light partition or external walls, to make framework or mold for wet concrete, for manufacturing light doors and shutters, to produce furniture such as cupboards, kitchen cabinets, and others. Moreover, plywood finds application in various non-construction industries which include upholstered furniture, materials handling, truck trailers, packaging, and other applications.

The global plywood market is predicted to grow substantially over the forecast period, owing to factors such as growth of end-use industries including construction, packaging, furniture, and others, together with rising applications of plywood as building materials on account of various excellent properties offered such as high strength, dimensional stability, high impact resistance, panel shear/braced panels shear, flexibility or bendability, water and chemical resistance, thermal and sound insulation, and others.

Nevertheless, availability of various substitutes such as glass and plastic coupled with high cost of plywood in comparison with oriented starboard is expected to restrain growth of the plywood market globally.

The global plywood market is pegged at 105.9 million cubic meter in 2018 in terms of volume, and is expected to exhibit a CAGR of 3.3%, over the forecast period (2019-2027), to reach 144.7 million cubic meters by 2027.

According to the Coherent Market Insights' analysis, among regions, Asia Pacific held the largest share of the plywood market in 2018. Furthermore, Asia Pacific is predicted to record the fastest growth in the global plywood market over the forecast period (2019 to 2027). Growth of the market is driven by expansion of infrastructure, and the housing and construction sector in countries such as India and China.

Figure 1. Global Plywood Market Share (%), By Region, 2018

The Global Plywood  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Various initiatives launched by governments to provide accommodation to its country people is likely to contribute to the construction industry growth. This, in turn, is projected to propel demand for plywood in the upcoming years. For instance, in India, the Pradhan Mantri Awas Yojana (PMAY) or The ‘Housing for all by 2022’ schemes were launched in 2015. These programs aim to provide affordable housing to all citizens by 2022, and as per government estimates, this could require construction of 20 million houses by 2022. Moreover, China is the world’s largest producer of plywood, owing to the economical labor, simple technology, and local machine suppliers.

Based on application, construction and furniture segments together accounted for the largest market share and accounted for more than 50.0% of the global plywood market share in 2018. The applications of structural plywood include internal structures, subfloors, shipping crates, and wall & roof bracing. Whereas, applications of exterior and interior plywood include outdoor floorings, roof linings, stables, ceilings, interior cladding, indoor furniture, and others. Non-construction applications of plywood also include docks and boats in marine industry. Increasing demand for environment-friendly products in place of plastics is one of the major factors contributing to higher demand for plywood from various end-use industries.

Figure 2. Global Plywood Market Share (%), By Application, 2018

The Global Plywood  | Coherent Market Insights

Source: Coherent Market Insights, 2018-19

Key companies operating in the global plywood market are Century Plyboard (India) Ltd, Atlantic Plywood Corporation, Greenply Industries Ltd., Weyerhaeuser Company, Eksons Corp. Bhd., Roseburg Forest Products Co., Uniply Industries Ltd., Boise Cascade LLC, Ainsworth Lumber Co. Ltd., and Georgia-Pacific Corporation.

Major players operating in the plywood market are focused on adopting various strategic initiatives such as mergers & acquisitions and new product developments in order to expand their product portfolio and global presence. For instance, in April 2016, Century Plyboards Limited, a leading company for manufacturing plywood in India, announced the merger with Shyam Century Ferrous Alloy. The merger has helped the company expand its product portfolio and global presence.

Plywood is manufactured using thin layers or sheets of wood bonded and veneer bound with adhesives. Plywood is commonly used as an alternative to plain wood attributing to its properties such as twisting, resistance to shrinking, and splitting.

Softwood plywood is manufactured by combining various sheets of dry softwood surfaces with adhesives. Softwood plywood is used for roof decking, wall siding, concrete product type boards, floors, sheathing, and containers. Whereas, hardwood plywood is used or manufacturing architectural millwork, furniture, cabinets, paneling, flooring, doors, store fixtures,  and interior products.

Market Dynamics

Based on application, plywood market is segmented into construction, furniture, packaging, transportation, flooring, and others. In 2018, the furniture segment accounted for largest revenue share of more than 25.0% in terms of value, and is expected to witness significant growth over the forecast period.

Among regions, in 2018, Asia Pacific held dominant position in the global plywood market accounting for a market share of 45.0%, in terms of value, owing to increasing usage of plywood in various end-use industries such as construction, furniture, and packaging, together with the growth of these industries in the region.

Key features of the study:

  • This report provides in-depth analysis of global plywood market and provides market size (US$ Bn & Mn Cubic Meter) and compound annual growth rate (CAGR %) for the forecast period (2019–2027), considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or product approvals, regional outlook, and competitive strategy adopted by key players
  • It profiles key players in the global plywood market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include, Atlantic Plywood Corporation, Greenply Industries Ltd., Weyerhaeuser Company, Ainsworth LumberCo. Ltd., Roseburg Forest Products Co., Century Plyboard(India) Ltd, Boise Cascade LLC, Eksons Corp. Bhd., Uniply Industries Ltd., and Georgia-Pacific Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up gradation, market expansion, and marketing tactics
  • The global plywood market report caters to various stakeholders in this industry including investors, suppliers, producers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global plywood market

Detailed Segmentation:

  • Global Plywood Market, By Product Type:
    • Hardwood Plywood
    • Softwood Plywood
    • Decorative Plywood
    • Tropical Plywood
    • Others (Flexible Plywood, etc.)
  • Global Plywood Market, By Application:
    • Construction
    • Furniture
    • Packaging
    • Transportation
    • Flooring
    • Others (Musical Instruments etc.)
  • Global Plywood Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Canada
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
    • Latin America
      • Brazil
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Argentina
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Mexico
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Rest of Latin America
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
    • Europe
      • U.K.
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Germany
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • France
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Italy
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Spain
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Russia
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Rest of Europe
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
    • Asia Pacific
      • China
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • India
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Japan
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • ASEAN
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • South Korea
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Australia
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Rest of Asia Pacific
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
    • Middle East & Africa
      • GCC
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
      • Rest of Middle East & Africa
        • By Product Type:
          • Hardwood Plywood
          • Softwood Plywood
          • Decorative Plywood
          • Tropical Plywood
          • Others (Flexible Plywood, etc.)
        • By Application:
          • Construction
          • Furniture
          • Packaging
          • Transportation
          • Flooring
          • Others (Musical Instruments etc.)
  • Company Profiles
    • Atlantic Plywood Corporation*
      • Company Overview
      • Product Portfolio
      • Financial PerProduct Typeance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Greenply Industries Ltd.
    • Weyerhaeuser Company
    • Ainsworth LumberCo. Ltd.
    • Roseburg Forest Products Co.
    • Century Plyboard(India) Ltd
    • Boise Cascade LLC
    • Eksons Corp. Bhd.
    • Uniply Industries Ltd.
    • Georgia-Pacific Corporation

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • PEST Analysis
      • PORTER’s Analysis
      • Market Trends
      • Key Developments
      • Merger & Acquisition Scenario
      • Overview of the Parent Industry
  4. Global Plywood Market, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Hardwood Plywood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Softwood Plywood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Decorative Plywood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Tropical Plywood
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Others (Flexible Plywood, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
  5. Global Plywood Market, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Introduction
      • Market Share Analysis, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, 2019 - 2027
      • Segment Trends
    • Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Furniture
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Transportation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Flooring
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
    • Others (Musical Instruments etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2019 - 2027, (US$ Bn & Mn Cubic Meter)
  6. Global Plywood Market, By Region, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2027
    • North America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Latin America
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Europe
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Asia Pacific
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
    • Middle East & Africa
      • Market Share Analysis, By Country, 2018 and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2019 - 2027
        • GCC
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
        • Rest of Middle East & Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
          • Market Size and Forecast, By Application, 2017 - 2027 (US$ Bn & Mn Cubic Meter)
  7. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis
    • Company Profiles
      • Atlantic Plywood Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Greenply Industries Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Weyerhaeuser Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Ainsworth LumberCo. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Roseburg Forest Products Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Century Plyboard(India) Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Boise Cascade LLC  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Eksons Corp. Bhd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Uniply Industries Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Georgia-Pacific Corporation        
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 54 market data tables and 37 figures on "Plywood Market - Global forecast to 2027”.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users