Product Code: ETC340705 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Plywood Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 3.67% in 2025, growth builds up to 12.58% by 2029.
Thailand's Plywood market is anticipated to experience a growing growth rate of 5.05% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The plywood market in Thailand is characterized by its importance in the construction and furniture industries. While plywood is traditionally made from wood, the market has witnessed a shift towards the use of alternative materials, including plastic and composite materials. These plastic-based plywood substitutes offer advantages such as resistance to moisture, insects, and decay. They are well-suited for outdoor applications and areas prone to high humidity. The market is influenced by construction trends, urbanization, and the demand for durable and sustainable building materials. Thai manufacturers have embraced the production of plastic-based plywood as part of their efforts to meet evolving industry needs and sustainability goals.
The Thailand plywood market is experiencing growth due to several key drivers. Firstly, the construction and real estate sectors in Thailand are driving the demand for plywood as a versatile and cost-effective building material. Plywood is widely used for structural purposes, flooring, and interior applications in residential, commercial, and industrial projects. Secondly, the expansion of the furniture industry is boosting the use of plywood in furniture manufacturing. Plywood`s strength and durability make it a preferred choice for producing high-quality furniture pieces. Additionally, the focus on sustainable forestry practices and the use of eco-friendly materials are driving the adoption of plywood from responsibly managed sources. Moreover, the versatility of plywood in various applications, including packaging, is contributing to its market growth.
The Thailand plywood market encounters challenges related to sustainable forestry practices and legality issues in the sourcing of raw materials. Maintaining a balance between meeting global environmental standards and ensuring a steady supply of high-quality plywood can be difficult. Additionally, competition from substitute materials and the need for constant innovation to enhance plywood`s properties to meet modern construction needs add complexity to the market.
The Thailand plywood market faced challenges during the COVID-19 pandemic as construction projects were delayed, impacting demand for plywood products. Lockdowns and supply chain disruptions also affected the availability of raw materials and logistics, leading to production delays and increased costs. However, with the government`s focus on stimulating the construction sector as part of economic recovery efforts, the market showed signs of improvement. Manufacturers had to implement safety measures and enhance their supply chain resilience to navigate through the uncertainties of the pandemic.
In the Thailand plywood market, key players include Thai Asia Plywood Co., Ltd. and Siam Cement Group (SCG). These companies produce high-quality plywood products for the construction and furniture industries.
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 Thailand Plywood Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Plywood Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Plywood Market - Industry Life Cycle |
3.4 Thailand Plywood Market - Porter's Five Forces |
3.5 Thailand Plywood Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 Thailand Plywood Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.7 Thailand Plywood Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Thailand Plywood Market Revenues & Volume Share, By Wood Type, 2021 & 2031F |
3.9 Thailand Plywood Market Revenues & Volume Share, By Number of Ply, 2021 & 2031F |
3.10 Thailand Plywood Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
3.11 Thailand Plywood Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Thailand Plywood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for affordable housing in Thailand |
4.2.2 Increasing construction activities and infrastructure development projects |
4.2.3 Rise in furniture manufacturing sector in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wood and adhesive |
4.3.2 Impact of environmental regulations on plywood production |
4.3.3 Competition from alternative materials like steel and plastic in construction industry |
5 Thailand Plywood Market Trends |
6 Thailand Plywood Market, By Types |
6.1 Thailand Plywood Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 Thailand Plywood Market Revenues & Volume, By Size, 2021-2031F |
6.1.3 Thailand Plywood Market Revenues & Volume, By 4?? x 8?? Plywood, 2021-2031F |
6.1.4 Thailand Plywood Market Revenues & Volume, By 4?? x 6?? Plywood, 2021-2031F |
6.1.5 Thailand Plywood Market Revenues & Volume, By 4?? x 10?? Plywood, 2021-2031F |
6.1.6 Thailand Plywood Market Revenues & Volume, By 3?? x 6?? Plywood, 2021-2031F |
6.1.7 Thailand Plywood Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Plywood Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Thailand Plywood Market Revenues & Volume, By < 8mm Plywood, 2021-2031F |
6.2.3 Thailand Plywood Market Revenues & Volume, By 8mm ?? 18mm Plywood, 2021-2031F |
6.2.4 Thailand Plywood Market Revenues & Volume, By > 18mm Plywood, 2021-2031F |
6.3 Thailand Plywood Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Thailand Plywood Market Revenues & Volume, By MR Grade Plywood, 2021-2031F |
6.3.3 Thailand Plywood Market Revenues & Volume, By BWR Grade Plywood, 2021-2031F |
6.3.4 Thailand Plywood Market Revenues & Volume, By Fire Resistant Grade Plywood, 2021-2031F |
6.3.5 Thailand Plywood Market Revenues & Volume, By BWP Grade Plywood, 2021-2031F |
6.3.6 Thailand Plywood Market Revenues & Volume, By Structural Grade Plywood, 2021-2031F |
6.4 Thailand Plywood Market, By Wood Type |
6.4.1 Overview and Analysis |
6.4.2 Thailand Plywood Market Revenues & Volume, By Softwood, 2021-2031F |
6.4.3 Thailand Plywood Market Revenues & Volume, By Hardwood, 2021-2031F |
6.5 Thailand Plywood Market, By Number of Ply |
6.5.1 Overview and Analysis |
6.5.2 Thailand Plywood Market Revenues & Volume, By 3 Ply, 2021-2031F |
6.5.3 Thailand Plywood Market Revenues & Volume, By 5 Ply, 2021-2031F |
6.5.4 Thailand Plywood Market Revenues & Volume, By 7 ply and More, 2021-2031F |
6.6 Thailand Plywood Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 Thailand Plywood Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.6.3 Thailand Plywood Market Revenues & Volume, By Distributors/Retailers, 2021-2031F |
6.7 Thailand Plywood Market, By Application |
6.7.1 Overview and Analysis |
6.7.2 Thailand Plywood Market Revenues & Volume, By Plywood for Furniture, 2021-2031F |
6.7.3 Thailand Plywood Market Revenues & Volume, By Plywood for Flooring & Construction, 2021-2031F |
6.7.4 Thailand Plywood Market Revenues & Volume, By Plywood for Packaging, 2021-2031F |
6.7.5 Thailand Plywood Market Revenues & Volume, By Plywood for Packaging, 2021-2031F |
6.7.6 Thailand Plywood Market Revenues & Volume, By Plywood for Marine Use, 2021-2031F |
6.7.7 Thailand Plywood Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Plywood Market Import-Export Trade Statistics |
7.1 Thailand Plywood Market Export to Major Countries |
7.2 Thailand Plywood Market Imports from Major Countries |
8 Thailand Plywood Market Key Performance Indicators |
8.1 Average selling price of plywood products |
8.2 Number of new housing starts in Thailand |
8.3 Export volume of plywood products from Thailand |
9 Thailand Plywood Market - Opportunity Assessment |
9.1 Thailand Plywood Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 Thailand Plywood Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.3 Thailand Plywood Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Thailand Plywood Market Opportunity Assessment, By Wood Type, 2021 & 2031F |
9.5 Thailand Plywood Market Opportunity Assessment, By Number of Ply, 2021 & 2031F |
9.6 Thailand Plywood Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
9.7 Thailand Plywood Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Thailand Plywood Market - Competitive Landscape |
10.1 Thailand Plywood Market Revenue Share, By Companies, 2024 |
10.2 Thailand Plywood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |