Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Size (4" x 8" Plywood, 4" x 6" Plywood, 4" x 10" Plywood, 3" x 6" Plywood, Others), By Thickness (< 8mm Plywood, 8mm “ 18mm Plywood, > 18mm Plywood), By Grade (MR Grade Plywood, BWR Grade Plywood, Fire Resistant Grade Plywood, BWP Grade Plywood, Structural Grade Plywood), By Wood Type (Softwood, Hardwood), By Number of Ply (3 Ply, 5 Ply, 7 ply and More), By Sales Channel (Direct Sales, Distributors/Retailers), By Application (Plywood for Furniture, Plywood for Flooring & Construction, Plywood for Automotive Interiors, Plywood for Packaging, Plywood for Marine Use, Others) And Competitive Landscape
| Product Code: ETC400669 | Publication Date: Aug 2022 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 |
Latin America Plywood Market report thoroughly covers the by countries, by size, by thickness, by grade, by wood type, by number of ply, by sales channel, and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Latin America plywood market was valued at USD 3.2 billion in 2020 and is projected to reach USD 4.5 billion by 2030, growing at a CAGR of 5.9% during the forecast period (2024-2030). This growth can be attributed to various factors such as increasing urbanization, rising disposable income, and growing demand for sustainable building materials. Additionally, the expansion of the construction industry and growth in the furniture and packaging industries are also contributing to the market's growth.
The plywood market in Latin America is experiencing a robust expansion, driven by a combination of rising construction activities and increasing demand for sustainable building materials. As urbanisation accelerates across the region, plywood is becoming increasingly popular for use in residential, commercial, and industrial sectors.
According to 6Wresearch, the Latin America Plywood Market size is expected to reach at a significant CAGR of 5.9% during the forecast period 2025-2031. Key drivers of this market include the growth of the construction industry, particularly in countries like Brazil and Mexico, where infrastructure development projects are on the rise. Additionally, the demand for eco-friendly materials is propelling the plywood market, as consumers and builders alike seek sustainable alternatives to traditional building solutions. Despite the positive outlook, several challenges threaten market growth.
Fluctuating raw material prices can impact production costs, while the availability of quality timber resources remains a concern in some areas. Additionally, stringent regulations on logging and environmental sustainability may complicate sourcing for plywood manufacturers. Nevertheless, some trends are shaping the Latin America Plywood Market growth such as the adoption of engineered wood products and advancements in manufacturing technologies that enhance product durability and performance. Furthermore, there is a noticeable shift toward the use of reclaimed wood and other sustainable materials, reflecting a growing awareness of environmental consequences within the construction industry.
Companies such as Masisa, Arauco, and Duratex are notable for their expansive manufacturing capabilities and commitment to sustainable practices. These companies are increasingly investing in technology to improve efficiency and reduce environmental impact.
Government regulations in Latin America significantly influence the plywood market, often aiming to balance economic growth with environmental protection. Many countries have implemented stricter logging laws to combat deforestation and promote sustainable forestry practices. These regulations often include requirements for certifications, such as those provided by the Forest Stewardship Council (FSC), which ensure that timber is sourced responsibly.
The Latin America plywood market is poised for continued growth, driven by urbanisation and sustainable building trends. Forecasts suggest that demand will shift towards higher-quality, engineered wood products that offer enhanced durability and performance. Additionally, as the awareness of climate change grows, the preference for eco-friendly materials will likely lead to further innovations in sustainable plywood manufacturing.
According to Dhaval, Research Manager, 6Wresearch, Brazil stands out as the leading country due to its vast forest resources and advanced manufacturing capabilities. With a well-established woodworking industry, Brazil not only produces a significant volume of plywood but also exports a substantial portion to global markets.
Based on application, the application for furniture leads the way, driven by a growing demand for stylish and functional living spaces. The furniture sector benefits from the versatility of plywood, allowing for innovative designs and finishes that cater to diverse consumer preferences.
The report offers a comprehensive study of the subsequent market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Latin America Plywood Market Overview |
| 3.1 Latin America Regional Macro Economic Indicators |
| 3.2 Latin America Plywood Market Revenues & Volume, 2021 & 2031F |
| 3.3 Latin America Plywood Market - Industry Life Cycle |
| 3.4 Latin America Plywood Market - Porter's Five Forces |
| 3.5 Latin America Plywood Market Revenues & Volume Share, By Countries, 2021 & 2031F |
| 3.6 Latin America Plywood Market Revenues & Volume Share, By Size, 2021 & 2031F |
| 3.7 Latin America Plywood Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
| 3.8 Latin America Plywood Market Revenues & Volume Share, By Grade, 2021 & 2031F |
| 3.9 Latin America Plywood Market Revenues & Volume Share, By Wood Type, 2021 & 2031F |
| 3.10 Latin America Plywood Market Revenues & Volume Share, By Number of Ply, 2021 & 2031F |
| 3.11 Latin America Plywood Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
| 3.12 Latin America Plywood Market Revenues & Volume Share, By Application , 2021 & 2031F |
| 4 Latin America Plywood Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Growing construction activities in Latin America |
| 4.2.2 Increasing demand for eco-friendly and sustainable building materials |
| 4.2.3 Rise in renovation and remodeling projects in the region |
| 4.3 Market Restraints |
| 4.3.1 Fluctuating prices of raw materials |
| 4.3.2 Impact of economic instability on consumer spending |
| 4.3.3 Stringent regulations and policies related to logging and forestry |
| 5 Latin America Plywood Market Trends |
| 6 Latin America Plywood Market, 2021 - 2031 |
| 6.1 Latin America Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
| 6.2 Latin America Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
| 6.3 Latin America Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
| 6.4 Latin America Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
| 6.5 Latin America Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
| 6.6 Latin America Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
| 6.7 Latin America Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
| 7 Brazil Plywood Market, 2021 - 2031 |
| 7.1 Brazil Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
| 7.2 Brazil Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
| 7.3 Brazil Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
| 7.4 Brazil Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
| 7.5 Brazil Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
| 7.6 Brazil Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
| 7.7 Brazil Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
| 8 Mexico Plywood Market, 2021 - 2031 |
| 8.1 Mexico Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
| 8.2 Mexico Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
| 8.3 Mexico Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
| 8.4 Mexico Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
| 8.5 Mexico Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
| 8.6 Mexico Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
| 8.7 Mexico Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
| 9 Argentina Plywood Market, 2021 - 2031 |
| 9.1 Argentina Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
| 9.2 Argentina Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
| 9.3 Argentina Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
| 9.4 Argentina Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
| 9.5 Argentina Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
| 9.6 Argentina Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
| 9.7 Argentina Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
| 10 Rest of Latin America Plywood Market, 2021 - 2031 |
| 10.1 Rest of Latin America Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
| 10.2 Rest of Latin America Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
| 10.3 Rest of Latin America Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
| 10.4 Rest of Latin America Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
| 10.5 Rest of Latin America Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
| 10.6 Rest of Latin America Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
| 10.7 Rest of Latin America Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
| 11 Latin America Plywood Market Key Performance Indicators |
| 11.1 Plywood manufacturing capacity utilization rate |
| 11.2 Average selling price of plywood products |
| 11.3 Adoption rate of plywood substitutes in construction projects |
| 11.4 Plywood import and export volume |
| 11.5 Percentage of plywood used in green building certifications |
| 12 Latin America Plywood Market - Opportunity Assessment |
| 12.1 Latin America Plywood Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 12.2 Latin America Plywood Market Opportunity Assessment, By Size, 2021 & 2031F |
| 12.3 Latin America Plywood Market Opportunity Assessment, By Thickness, 2021 & 2031F |
| 12.4 Latin America Plywood Market Opportunity Assessment, By Grade, 2021 & 2031F |
| 12.5 Latin America Plywood Market Opportunity Assessment, By Wood Type, 2021 & 2031F |
| 12.6 Latin America Plywood Market Opportunity Assessment, By Number of Ply, 2021 & 2031F |
| 12.7 Latin America Plywood Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
| 12.8 Latin America Plywood Market Opportunity Assessment, By Application , 2021 & 2031F |
| 13 Latin America Plywood Market - Competitive Landscape |
| 13.1 Latin America Plywood Market Revenue Share, By Companies, 2024 |
| 13.2 Latin America Plywood Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |