Plywood Market Size and Share in India | Industry Trends & Growth Insights 2025

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Code: MTA10326

Publication Date: Oct 2025

What is the size of India Plywood Market?

According to 6Wresearch internal database and industry insights, the India Plywood Market is expected to register a CAGR of 7.2% between 2025-2031.

This expansion is supported by infrastructure development, furniture demand growth, and sustainable wood sourcing initiatives. This industry accounted for an estimated market share of over 35% within the wood-based panel sector in 2024.

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Growth Factors for India Plywood Industry

Increasing residential and commercial infrastructure projects across urban and semi-urban regions.
Rising preference for modular furniture and interior decoration solutions.
Growth in renovation activities supported by improving disposable incomes.
Expanding organized retail and e-commerce distribution of plywood products.
Adoption of eco-friendly and certified wood products in manufacturing and construction.

India Plywood Market TrendsÂ

Trends in the India Plywood Market illustrate a shift towards engineered wood alternatives and greater sustainable manufacturing methods. A greater level of consumer awareness surrounding durability and aesthetics creates a greater demand surrounding more decorative plywood options. Plywood manufacturers are also incorporating termite-resistant properties and waterproof materials to appeal to urban homeowners. In addition to this, itâ€™s been noted that there is an increasing presence of digital sales channels and online customisation, which improve access in tier II and tier III cities.

Emerging Developments in the India Plywood MarketÂ

Developments within the India Plywood Market illustrate a stronger emphasis on integrating technology into producing plywood, in both process and application of eco-friendly adhesives in plywood. There are manufacturers of plywood that have created programs to invest in sustainable forestry and obtain green certification to comply with environmental guidelines. Companies are expanding their building space and manufacturing facilities to respond to the increasing demand from the transport, furniture, and construction sectors across the country.