Articles

Indian Plywood Market: Top Companies, Investment Trend, Growth & Industry Scope by 2026

by Chris jackson Market Research

According to IMARC Group’s latest report, titled “Indian Plywood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian plywood market reached a value of INR 222.5 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 4.3% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Plywood is manufactured by assembling strong, thin layers of wood veneers glued and pressed together using powerful adhesives. Several wood varieties, including maple, mahogany, oak, pine, cedar, spruce, etc., are used in a combination to produce plywood for various applications. Softwood plywood sheets are designed and installed on the exterior of a structure, while on the other hand, hardwood plywood is used for manufacturing furniture and different interior variants.

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The Indian plywood market is primarily driven by the growing number of construction activities and the expanding home furnishing sector. In line with this, the increasing consumer disposable income levels, along with the rising expenditures on home décor, are also augmenting the demand for plywood. Moreover, the elevating levels of globalization have led to the introduction of modern home furnishing designs, thereby further driving the market. Additionally, the increasing number of refurbishment and renovation activities of the existing residential and commercial infrastructures is also catalyzing the plywood market. Besides this, the growing popularity of fully- or semi-furnished housing projects will continue to drive the demand for plywood in the coming years.

Indian Plywood Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the Indian plywood market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Uniply
  • Century Plyboards Limited
  • Greenply
  • Kitply
  • Merino

The report has segmented the Indian plywood market on the basis of sector, end use industry and region.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-plywood-market

Key Highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Market Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Market
  • Value Chain Analysis
  • Structure of the Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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About Chris jackson Advanced   Market Research

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Created on May 18th 2021 02:07. Viewed 58 times.

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