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According to IMARC Group’s latest report, titled “India Plywood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast FY 2022 to FY 2027”, the India plywood market size reached INR 195.8 Billion in FY 2021-22. Looking forward, IMARC Group expects the market to reach INR 297.2 Billion by 2027-28, exhibiting a CAGR of 7.4% during 2022-23 to 2027-28. Flexible Plywood

Year Considered to Estimate the Market Size:

Plywood is fabricated from multiple layers of softwood veneer bonded together with the grain direction of each layer perpendicular to that of the adjacent layers. The function of the core layers is to surge the separation among the outer layers where the bending stress is the highest, thus further improving resistance to bending forces. Plywood offers several advantages, which include enhanced flexibility, easy installation, improved reusability, and high resistance to chemicals, moisture, and fire. Maple, pine, cedar, mahogany, oak, and spruce are primarily used in a combination to produce plywood for several applications.

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The rising applications of plywood in flooring, furniture, doors, roofing, interior walls, and external cladding due to its various advantageous properties is one of the key factors boosting the India plywood market growth. Additionally, the surging consumer expenditure power has facilitated the demand for high-quality and premium plywood for interior designing, which is accelerating the market growth. In line with this, the key market players are launching the low-toxicity and environmentally sustainable plywood with improved aesthetics to increase their consumer base, which is creating a positive outlook for the market in India. Other factors, such as numerous ongoing housing projects and significant expansion of the residential and commercial sectors, are creating a positive outlook for the market in the country.

India Plywood Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the India plywood market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

The report has segmented the India plywood market based on sector, product type, application, consumer price, dealer price and states.

Breakup by Product Type:

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Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key Highlights of the Report:

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact: Company Name: IMARC Group Contact Person: Elena Anderson Email: [email protected] Phone: +1-631-791-1145 Address: 30 N Gould St Ste R City: Sheridan State: WY Country: United States Website: https://www.imarcgroup.com/

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