The report "Plywood Market by Type (Hardwood and Softwood), Application (Construction and Industrial), Uses Type (New Construction and Rehabilitation), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027", Plywood market size is projected to reach USD 73.3 billion by 2027 from USD 54.2 billion in 2022 growing at a CAGR of 6.2%. The Asia Pacific region is the largest market for plywood across the globe. The market in the Asia Pacific has been studied for China, India, Japan, South Korea, Taiwan, Thailand, Malaysia and the Rest of Asia Pacific (Australia, Indonesia, and others). Among these countries, China accounted for the largest share of 80.0% of the Asia Pacific plywood market in terms of value. India and China have experienced close to double-digit GDP growth in recent years, as well as a population boom. The stable economy and growing building and construction industry has augmented the growth of plywood in India and China. Furthermore, furniture sector is one of the main consumers of plywood in India. During the 2018 to 2023, it is predicted that the India furniture market by commercial sector will have a CAGR of 11.97%. India is the fourth-largest consumer of furniture worldwide and the fifth-largest producer of furniture. The Indian furniture industry is estimated to be worth $8 billion, represents 0.5% of the GDP in 2022 according to IBEF (Indian Brand Equity Foundation). The domestic organized industry has roughly 5000 businesses, and there are almost 10,500 furniture imports. The industries that contribute most to the sectors growth include real estate, housing & hospitality, and consumer base growth. Major players operating in the plywood include Georgia Pacific LLC (US), Boise Cascade Company (US), Weyerhaeuser Company Ltd (US), UPM-Kymmene Oyj (Finland), Svezza Forest Ltd (Russia), PotlatchDeltic Corporation (US), Greenply Industries Ltd (India), Century Plyboards India Ltd. (India), Austral Plywoods (Australia), and others.