Marine Plywood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global marine plywood market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
Marine plywood is a good-quality, hardwood plywood made with waterproof glue. They are generally used for building boats and ships, and any other applications in which the plywood can get exposed to water. Earlier, the major applications of these plywood were confined to the marine industry. However, with increasing technological advancements, they are now also being used in several residential and commercial purposes.
Marine plywood performs well in humid and wet conditions. Moreover, unlike most woods, it also resists the bending, warping or delamination which can often result from too much moisture. This guarantees marine plywood’s durability as well as the structural strength of any construction which makes use of it. Marine plywood is often composed of several face and core veneers, with an effort to reduce the size of any gaps between the sheets. This ensures no water can become trapped. Sheets are glued together for strength and durability and a coat of water and boil proof (WBP) glue provides additional resistance to moisture.
The utilization of marine plywood in the marine industry for manufacturing stringers, floor, transom, boat cabinetry, walls, seating, etc. is anticipated to drive the marine plywood industry in the coming years. Additionaly, the growing popularity of marine plywood in other applications like building rooftops and doors in residential spaces is expected to further fuel its demand.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global marine plywood market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.
Breakup by Application:
Marine Applications
Deck
Dock
Boat
Others
Non-Marine Applications
Breakup by Region:
Asia Pacific
North America
Europe
Latin America
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report:
How has the global marine plywood market performed so far and how will it perform in the coming years?
What are the key regional markets in the global marine plywood industry?
What has been the impact of COVID-19 on the global marine plywood industry?
What are the key applications in the global marine plywood industry?
What are the various stages in the value chain of the global marine plywood industry?
What are the key driving factors and challenges in the global marine plywood industry?
What is the structure of the global marine plywood industry and who are the key players?
What is the degree of competition in the global marine plywood industry?
What are the profit margins in the global marine plywood industry?
How is marine plywood manufactured?
The global marine plywood market size reached US$ 10.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2028, exhibiting a growth rate (CAGR) of 7.9% during 2023-2028.
Marine plywood is a good-quality, hardwood plywood made with waterproof glue. They are generally used for building boats and ships, and any other applications in which the plywood can get exposed to water. Earlier, the major applications of these plywood were confined to the marine industry. However, with increasing technological advancements, they are now also being used in several residential and commercial purposes.
Marine plywood performs well in humid and wet conditions. Moreover, unlike most woods, it also resists the bending, warping or delamination which can often result from too much moisture. This guarantees marine plywood’s durability as well as the structural strength of any construction which makes use of it. Marine plywood is often composed of several face and core veneers, with an effort to reduce the size of any gaps between the sheets. This ensures no water can become trapped. Sheets are glued together for strength and durability and a coat of water and boil proof (WBP) glue provides additional resistance to moisture.
The utilization of marine plywood in the marine industry for manufacturing stringers, floor, transom, boat cabinetry, walls, seating, etc. is anticipated to drive the marine plywood industry in the coming years. Additionaly, the growing popularity of marine plywood in other applications like building rooftops and doors in residential spaces is expected to further fuel its demand.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global marine plywood market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on application.
Breakup by Application:
Marine Applications
Deck
Dock
Boat
Others
Non-Marine Applications
Breakup by Region:
Asia Pacific
North America
Europe
Latin America
Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market along with the profiles of the key players.
Key Questions Answered in This Report:
How has the global marine plywood market performed so far and how will it perform in the coming years?
What are the key regional markets in the global marine plywood industry?
What has been the impact of COVID-19 on the global marine plywood industry?
What are the key applications in the global marine plywood industry?
What are the various stages in the value chain of the global marine plywood industry?
What are the key driving factors and challenges in the global marine plywood industry?
What is the structure of the global marine plywood industry and who are the key players?
What is the degree of competition in the global marine plywood industry?
What are the profit margins in the global marine plywood industry?
How is marine plywood manufactured?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL MARINE PLYWOOD MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Region
5.5Market Breakup by Application
5.6Market Forecast
5.7Key Market Drivers and Success Factors
6 MARKET BREAKUP BY APPLICATION
6.1Marine Applications
6.1.1Market Performance
6.1.2Market Breakup by Application
6.1.2.1Deck
6.1.2.1.1 Market Performance
6.1.2.1.2 Market Forecast
6.1.2.2Dock
6.1.2.2.1 Market Performance
6.1.2.2.2 Market Forecast
6.1.2.3Boat
6.1.2.3.1 Market Performance
6.1.2.3.2 Market Forecast
6.1.2.4Others
6.1.2.4.1 Market Performance
6.1.2.4.2 Market Forecast
6.1.3Market Forecast
6.2Non-Marine Applications
6.2.1Market Performance
6.2.2Market Forecast
7 MARKET BREAKUP BY REGION
7.1Asia Pacific
7.1.1Market Performance
7.1.2Market Forecast
7.2North America
7.2.1Market Performance
7.2.2Market Forecast
7.3Europe
7.3.1Market Performance
7.3.2Market Forecast
7.4Latin America
7.4.1Market Performance
7.4.2Market Forecast
7.5Middle East and Africa
7.5.1Market Performance
7.5.2Market Forecast
8 GLOBAL MARINE PLYWOOD INDUSTRY: SWOT ANALYSIS
8.1Overview
8.2Strengths
8.3Weaknesses
8.4Opport/unities
8.5Threats
9 GLOBAL MARINE PLYWOOD INDUSTRY: VALUE CHAIN ANALYSIS
9.1Overview
9.2Forest Growers
9.3Sawmills
9.4Manufacturers
9.5Distributors
9.6Exporters
9.7End-Users
10 GLOBAL MARINE PLYWOOD INDUSTRY: PORTER’S FIVE FORCES ANALYSIS
10.1Overview
10.2Bargaining Power of Suppliers
10.3Bargaining Power of Buyers
10.4Degree of Competition
10.5Threat of New Entrants
10.6Threat of Substitutes
11 GLOBAL MARINE PLYWOOD INDUSTRY: PRICE ANALYSIS
11.1Key Price Indicators
11.2Price Structure
11.3Price Trends
11.4Margin Analysis
12 MARINE PLYWOOD MANUFACTURING PROCESS
12.1Product Overview
12.2Raw Material Requirements
12.3Detailed Process Flow
12.4Various Types of unit Operations Involved
13 COMPETITIVE LANDSCAPE
13.1Competitive Structure
13.2Key Players
13.3Key Player Profiles
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL MARINE PLYWOOD MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Region
5.5Market Breakup by Application
5.6Market Forecast
5.7Key Market Drivers and Success Factors
6 MARKET BREAKUP BY APPLICATION
6.1Marine Applications
6.1.1Market Performance
6.1.2Market Breakup by Application
6.1.2.1Deck
6.1.2.1.1 Market Performance
6.1.2.1.2 Market Forecast
6.1.2.2Dock
6.1.2.2.1 Market Performance
6.1.2.2.2 Market Forecast
6.1.2.3Boat
6.1.2.3.1 Market Performance
6.1.2.3.2 Market Forecast
6.1.2.4Others
6.1.2.4.1 Market Performance
6.1.2.4.2 Market Forecast
6.1.3Market Forecast
6.2Non-Marine Applications
6.2.1Market Performance
6.2.2Market Forecast
7 MARKET BREAKUP BY REGION
7.1Asia Pacific
7.1.1Market Performance
7.1.2Market Forecast
7.2North America
7.2.1Market Performance
7.2.2Market Forecast
7.3Europe
7.3.1Market Performance
7.3.2Market Forecast
7.4Latin America
7.4.1Market Performance
7.4.2Market Forecast
7.5Middle East and Africa
7.5.1Market Performance
7.5.2Market Forecast
8 GLOBAL MARINE PLYWOOD INDUSTRY: SWOT ANALYSIS
8.1Overview
8.2Strengths
8.3Weaknesses
8.4Opport/unities
8.5Threats
9 GLOBAL MARINE PLYWOOD INDUSTRY: VALUE CHAIN ANALYSIS
9.1Overview
9.2Forest Growers
9.3Sawmills
9.4Manufacturers
9.5Distributors
9.6Exporters
9.7End-Users
10 GLOBAL MARINE PLYWOOD INDUSTRY: PORTER’S FIVE FORCES ANALYSIS
10.1Overview
10.2Bargaining Power of Suppliers
10.3Bargaining Power of Buyers
10.4Degree of Competition
10.5Threat of New Entrants
10.6Threat of Substitutes
11 GLOBAL MARINE PLYWOOD INDUSTRY: PRICE ANALYSIS
11.1Key Price Indicators
11.2Price Structure
11.3Price Trends
11.4Margin Analysis
12 MARINE PLYWOOD MANUFACTURING PROCESS
12.1Product Overview
12.2Raw Material Requirements
12.3Detailed Process Flow
12.4Various Types of unit Operations Involved
13 COMPETITIVE LANDSCAPE
13.1Competitive Structure
13.2Key Players
13.3Key Player Profiles
LIST OF TABLES
Table 1: Global: Marine Plywood Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Marine Plywood Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 3: Global: Marine Plywood Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: Marine Plywood Market: Key Price Indicators
Table 5: Global: Marine Plywood Market: Competitive Structure
Table 6: Global: Marine Plywood Market: Key Players
Table 1: Global: Marine Plywood Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Marine Plywood Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 3: Global: Marine Plywood Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 4: Global: Marine Plywood Market: Key Price Indicators
Table 5: Global: Marine Plywood Market: Competitive Structure
Table 6: Global: Marine Plywood Market: Key Players
LIST OF FIGURES
Figure 1: Global: Marine Plywood Market: Major Drivers and Challenges
Figure 2: Global: Marine Plywood Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Marine Plywood Market: Production Breakup by Region (in %), 2022
Figure 4: Global: Marine Plywood Market: Breakup by Application (in %), 2022
Figure 5: Global: Marine Plywood Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 6: Global: Marine Plywood Market (Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 7: Global: Marine Plywood Market (Applications in Deck): Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Marine Plywood Market Forecast (Applications in Deck): Sales Value (in Million US$), 2023-2028
Figure 9: Global: Marine Plywood Market (Applications in Dock): Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Marine Plywood Market Forecast (Applications in Dock): Sales Value (in Million US$), 2023-2028
Figure 11: Global: Marine Plywood Market (Applications in Boat): Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Marine Plywood Market Forecast (Applications in Boat): Sales Value (in Million US$), 2023-2028
Figure 13: Global: Marine Plywood Market (Other Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Marine Plywood Market Forecast (Other Marine Applications): Sales Value (in Million US$), 2023-2028
Figure 15: Global: Marine Plywood Market (Marine Applications) Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Marine Plywood Market (Non-Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Marine Plywood Market (Non-Marine Applications) Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Asia Pacific: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Asia Pacific: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: North America: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: North America: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Europe: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Europe: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Latin America: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Latin America: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Middle East and Africa: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Middle East and Africa: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Marine Plywood Market: SWOT Analysis
Figure 29: Global: Marine Plywood Market: Value Chain Analysis
Figure 30: Global: Marine Plywood Market: Porter’s Five Forces Analysis
Figure 31: Global: Marine Plywood Market: Breakup of Production Cost (in %)
Figure 32: Global: Marine Plywood Market: Price Trends
Figure 33: Global: Marine Plywood Market: Profit Margin at Various Level of Supply Chain
Figure 34: Marine Plywood Manufacturing: Detailed Process Flow
Figure 1: Global: Marine Plywood Market: Major Drivers and Challenges
Figure 2: Global: Marine Plywood Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Marine Plywood Market: Production Breakup by Region (in %), 2022
Figure 4: Global: Marine Plywood Market: Breakup by Application (in %), 2022
Figure 5: Global: Marine Plywood Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 6: Global: Marine Plywood Market (Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 7: Global: Marine Plywood Market (Applications in Deck): Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Marine Plywood Market Forecast (Applications in Deck): Sales Value (in Million US$), 2023-2028
Figure 9: Global: Marine Plywood Market (Applications in Dock): Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Marine Plywood Market Forecast (Applications in Dock): Sales Value (in Million US$), 2023-2028
Figure 11: Global: Marine Plywood Market (Applications in Boat): Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Marine Plywood Market Forecast (Applications in Boat): Sales Value (in Million US$), 2023-2028
Figure 13: Global: Marine Plywood Market (Other Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Marine Plywood Market Forecast (Other Marine Applications): Sales Value (in Million US$), 2023-2028
Figure 15: Global: Marine Plywood Market (Marine Applications) Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Marine Plywood Market (Non-Marine Applications): Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Marine Plywood Market (Non-Marine Applications) Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Asia Pacific: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Asia Pacific: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: North America: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: North America: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Europe: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Europe: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Latin America: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Latin America: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Middle East and Africa: Marine Plywood Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Middle East and Africa: Marine Plywood Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Marine Plywood Market: SWOT Analysis
Figure 29: Global: Marine Plywood Market: Value Chain Analysis
Figure 30: Global: Marine Plywood Market: Porter’s Five Forces Analysis
Figure 31: Global: Marine Plywood Market: Breakup of Production Cost (in %)
Figure 32: Global: Marine Plywood Market: Price Trends
Figure 33: Global: Marine Plywood Market: Profit Margin at Various Level of Supply Chain
Figure 34: Marine Plywood Manufacturing: Detailed Process Flow
