The global plywood market size reached a value of US$ 48.0 Billion in 2023, the market to reach US$ 73.3 Billion by 2032, exhibiting a CAGR of 4.7% during 2024-2032. As per the analysis by IMARC Group, the top plywood companies are focusing on introducing new products, establishing production facilities and conducting R&D activities to modernize their production process. Presently, the production of plywood is rising on a global level as it is considered one of the most trusted and recognized wood building products. The profiles of the top 10 market players are discussed below:
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Largest Manufacturing Companies in the Plywood Industry:
Georgia Pacific LLC
Establishment: 1927
Headquarter: The United States
Website: https://www.gp.com/
Currently, Georgia-Pacific is one of the world’s largest producers of pulp, building products, tissue, packaging, containerboard and related chemicals. The company specializes in the manufacturing of wood products for the construction industry and various specialty applications. Some of these products include plywood, lumber, oriented strand board (OSB), gypsum products, industrial panels and particle board. Georgia-Pacific primarily produces and supplies its products in North America through 38 plants located across Canada and the United States, with a workforce of over 30,000 employees.
Potlatch Corporation
Establishment: 1903
Headquarter: The United States
Website: https://www.potlatchdeltic.com/
Based in Spokane, Washington, Potlach Corporation has southern operational headquarters in Arkansas with wood products, timberland and real estate offices located in seven states across the United States. It is a timberland real estate investment trust (REIT), that produces a variety of plywood products mainly industrial grade, such as panels for truck beds, boats and RV applications. Recently, Potlatch Corporation completed its merger with the US-based natural resources company, Deltic Timber Corporation, creating a top-tier wood products manufacturer, named PotlatchDeltic Corporation. The combined company has a diverse timberland portfolio of around 2 million acres. It operates eight wood products manufacturing facilities, which include industrial plywood mill, one medium density fiberboard (MDF) facility, and six lumber manufacturing facilities.
Weyerhaeuser
Establishment: 1900
Headquarter: The United States
Website: https://www.weyerhaeuser.com/
Weyerhaeuser is an integrated forest company which specializes in the manufacturing of softwood lumber and other building materials with operations and offices located worldwide. It offers a range of grades, sizes and types of plywood panels that are lightweight and have optimal aesthetic characteristics. These plywood products exhibit resistance against twisting, cracking, shrinking and warping. In the second quarter of 2019, the company reported net earnings of US$ 128 Million, on net sales of US$ 1.7 Billion.
Boise Cascade Company
Establishment: 2004
Headquarter: The United States
Website: https://www.bc.com/
Boise Cascade Company specializes in the distribution of building materials distributor and manufacturing of integrated wood products including I-joists, laminated veneer lumber (LVL) and laminated beams, OSB, plywood and lumber. With distribution facilities established in over 33 locations, the company primarily supplies its products across North America and China to home improvement centers, lumberyards and industrial converters, which include manufacturers of doors, windows and other assembled products. In 2019, Boise Cascade agreed with the US-based wood by-products, Southern Veneer Products, to sell its plywood operations based in North Carolina. The deal includes the transfer of nearly 150 employees from Boise Cascade to Southern Veneer Products.
UPM-Kymmene Corporation
Establishment: 1996
Headquarter: Finland
Website: https://www.upm.com/
UPM-Kymmene is a global forest company that offers sustainable, innovation-driven and responsible solutions for replacing fossil-based materials. The company’s product portfolio includes plywood and timber products; and pulp, self-adhesive labels, wood-based renewable diesel, and graphic and specialty papers. UPM produces and supplies these products through different brand-names, including UPM Energy, UPM Specialty Papers, UPM Plywood, UPM Biorefining, UPM Raflatac and UPM Paper ENA. Amongst these, UPM Plywood manufactures high-quality WISA veneer and plywood products for transportation and construction industries; and UPM Grada, a thermo-formable wood material, for the form pressing industry. The company produces WISA plywood and veneer products in Europe while complying with stringent sustainability principles.
Recently, the UPM Chudovo plywood mill announced that the expansion investment, which started in 2017, is entering its production trial run phase. The mill is
