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February 2, 2023

The global plywood market expected to rise sharply by 2027

The global plywood market in the next five years will increase to $73.3 billion from $54.2 billion in 2022 (+35%). The average annual growth rate will be 6.2%.    The construction segment will account for the largest share of growth during the forecast period. Construction is expected to be the engine of growth for the global economy, with industry growth averaging 4.4% between 2020 and 2025. The global construction market is expected to grow by $4.5 trillion between 2020 and 2030 to reach $15.2 trillion, $8.9 trillion of which will ...

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