U.S. Plywood Market To Witness A Significant Growth Of USD 15.59 Billion By 2030
San Francisco, 13 Feb 2023: The Report U.S. Plywood Market Size, Share & Trends Analysis Report By End-use (Residential, Commercial), By Application (Structural, Non-Structural), By Region, And Segment Forecasts, 2022 - 2030 The U.S. plywood market size is expected to reach USD 15.59 billion by 2030, according to Grand View Research, Inc. It is anticipated to expand at a CAGR of -1.9% from 2022 to 2030. The growth is positively impacted by the growth of the organized retail segment, including super-market, hyper-markets, and departmental stores, which also contributed to the growth of commercial buildings. The construction industry in the U.S. has been a significant contributor to the country’s growth and development of construction and real estate industries had been growing consistently till the outbreak of COVID-19. However, post the outbreak, the global economic flow was disrupted. Hence, to revive the market, several construction projects were launched in 2021 and 2022. R