The North America plywood market is projected to grow from US$ 16.82 billion in 2024 to US$ 23.37 billion by 2033, exhibiting a CAGR of 3.72%. This expansion is driven by increased government spending, technological advancements, and the demand for eco-friendly building materials. Green certifications and production innovations further boost market share. Significant infrastructural investments and urbanization stimulate plywood usage in residential and commercial sectors. Despite challenges such as volatile raw material prices and trade tariffs, key players like Boise Cascade and Weyerhaeuser Company continue to lead. The U.S., Canada, and Mexico are primary markets, each facing unique growth opportunities and challenges.
The North America plywood market is projected to grow from US$ 16.82 billion in 2024 to US$ 23.37 billion by 2033, exhibiting a CAGR of 3.72%. This expansion is driven by increased government spending, technological advancements, and the demand for eco-friendly building materials. Green certifications and production innovations further boost market share. Significant infrastructural investments and urbanization stimulate plywood usage in residential and commercial sectors. Despite challenges such as volatile raw material prices and trade tariffs, key players like Boise Cascade and Weyerhaeuser Company continue to lead. The U.S., Canada, and Mexico are primary markets, each facing unique growth opportunities and challenges.
