Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), 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: ETC403558 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East Plywood Market |
Forecast Period | 2025-2031 |
Market Size | USD 3.2 billion by 2031 |
CAGR | 4.5% |
Growing Sector | Flooring & Construction |
Middle East Plywood Market report thoroughly covers the market by Countries, bySize, 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.
Middle East Plywood Market was valued at USD 2.15 billion and is expected to reach USD 3.2 billion, growing at a CAGR of around 4.5% from 2025 to 2031. This growth will be driven by increasing demand for plywood in construction, furniture manufacturing, and interior design applications across the region.
Middle East Plywood Market is expected to witness significant growth in the coming years,due to its essential role in the construction, furniture, and interior design industries. The region's ongoing urbanization and infrastructure development projects have significantly contributed to the rising demand for plywood as a versatile and sustainable material. Additionally, increased awareness of environmentally friendly construction practices has amplified the adoption of plywood, given its renewable and recyclable properties. Competitive pricing and durability make plywood a preferred choice for large-scale developments, enabling its wide application across various sectors.
According to 6Wresearch, Middle East Plywood Market size is expected to grow at a CAGR of 4.5% duringthe forecast period 2025-2031. Several factors are driving the growth of Middle East Plywood Market such as rapid urbanization and the expansion of the construction industry in the region. Large-scale infrastructure projects, such as residential complexes, commercial buildings, and public facilities, require high-quality and cost-effective materials, boosting the demand for plywood. Additionally, the increasing emphasis on sustainable construction practices has positioned plywood as a favourable alternative due to its renewable, recyclable, and environmentally friendly properties. Government policies promoting green building initiatives further propel the adoption of plywood in various applications. Furthermore, the diverse utility of plywood in furniture manufacturing and interior design continues to strengthen demand, as it meets both aesthetic and functional requirements.
However,Middle East Plywood Market faces few restraints such as the fluctuating cost of raw materials, particularly timber, which directly affects the pricing of plywood products and reduces profit margins for manufacturers. Additionally, the availability of alternative materials, such as medium-density fiberboard (MDF) and particleboard, poses competitive pressure, often being chosen for their cost advantages and specific applications. Import dependency is another critical restraint, as a substantial portion of plywood is sourced internationally, leaving the market vulnerable to supply chain disruptions and price volatility. Furthermore, stringent regulatory standards and certifications related to environmental compliance and product quality also add to the operational complexities faced by manufacturers, impacting the overall market dynamics.
Middle East plywood market is undergoing significant transformations driven by evolving consumer preferences, technological advancements, and sustainable practices. One prominent trend is the increasing demand for high-quality, durable plywood products for use in construction and interior design. The booming construction sector, fuelled by infrastructure projects and urbanization across the region, has been a central factor contributing to this growth. Additionally, there is a rising focus on environmentally friendly products, prompting manufacturers to adopt sustainable practices and source certified timber to meet customer expectations and regulatory requirements.
Middle East Plywood Market Industry presents a promising investment opportunity for businesses looking to expand their operations globally.The rapid pace of urbanization and large-scale infrastructure projects across countries such as Saudi Arabia, the UAE, and Qatar continue to escalate demand for quality construction materials, including plywood. Investors focusing on innovative and sustainable plywood solutions are likely to benefit as the market shifts toward eco-friendly practices and compliance with environmental regulations.Furthermore, the increasing adoption of engineered wood products for modern architectural designs offers an avenue for businesses to expand their product portfolios.
Middle East plywood market features participation from several key players who drive innovation and competition within the industry. Key players include Century Plyboards (India) Ltd, Greenply Industries Limited,Georgia-Pacific LLC, Starwood Turkey, and Al Furat Plywood. These firms emphasize customer-centric approaches and adaptability to regional construction norms and preferences. Strategic collaborations and investments by these industry leaders are expected to further enhance the competitive landscape and foster market growth in the coming years.
Middle East Plywood Market is growing, and government’s regulation and policies are helping in extension of the market. One key area of focus is the promotion of sustainable construction practices, aligning with global efforts to reduce environmental impact. Regulatory frameworks and green building codes are being introduced to encourage the use of eco-friendly and certified plywood materials. These measures aim to lower the carbon footprint of the construction sector while ensuring compliance with international sustainability standards.Furthermore, governments are facilitating trade by reducing tariffs on raw materials and supporting local manufacturers through subsidies and incentives.
The future of Middle East Plywood Market looks promising due to increasing focus on sustainable construction and large-scale infrastructure projects. With expanding urbanization and population growth, the demand for affordable and durable building materials is expected to rise steadily. Innovations in plywood manufacturing, such as the use of advanced adhesives and improved wood treatment processes, will further enhance product quality and performance, meeting the region's stringent environmental and construction standards.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, Saudi Arabia is poised to witness the most significant growth.The government’s focus on building smart cities, such as NEOM and the Red Sea Project, will require extensive construction materials, including plywood.
4’ x 8’ plywood is expected to experience the highest growth. This size remains highly versatile and widely used in applications such as flooring, wall panelling, and roofing, making it a staple choice across both residential and commercial construction sectors.
8mm – 18mm plywood is expected to witness the highest growth in demand. This range is highly favoured across construction projects due to its optimal balance between strength, durability, and ease of handling.
MR Grade Plywood (Moisture Resistant) is anticipated to remain the most widely used type due to its affordability and suitability for interior applications such as furniture, cabinetry, and indoor panelling.
Softwood Plywood is expected to grow steadily due to its affordability, versatility, and widespread use in applications such as furniture, packaging, and panelling. Its lighter weight and ease of handling make it a preferred choice for cost-sensitive markets and general-purpose applications.
5 Ply category is poised to experience the highest growth. This can be attributed to its balance of strength, versatility, and affordability, making it suitable for a wide range of general-purpose applications, including panelling, furniture, and interior partitions.
Distributors/Retailers are expected to experience more robust expansion.This trend is driven by the widespread reach and accessibility that distributor and retailer networks provide, particularly in geographically dispersed markets.
Plywood for Flooring & Construction is projected to experience the highest growth. This growth is driven by escalating demand across both residential and commercial construction sectors, particularly in rapidly urbanizing regions.
The market report has been segmented and sub segmented into the following categories
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 Middle East Plywood Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Plywood Market Revenues & Volume, 2021 & 2031F |
3.3 Middle East Plywood Market - Industry Life Cycle |
3.4 Middle East Plywood Market - Porter's Five Forces |
3.5 Middle East Plywood Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Middle East Plywood Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Middle East Plywood Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.8 Middle East Plywood Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.9 Middle East Plywood Market Revenues & Volume Share, By Wood Type, 2021 & 2031F |
3.10 Middle East Plywood Market Revenues & Volume Share, By Number of Ply, 2021 & 2031F |
3.11 Middle East Plywood Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
3.12 Middle East Plywood Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Middle East Plywood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Plywood Market Trends |
6 Saudi Arabia Plywood Market, 2021 - 2031 |
6.1.1 Saudi Arabia Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
6.1.2 Saudi Arabia Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
6.1.3 Saudi Arabia Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
6.1.4 Saudi Arabia Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
6.1.5 Saudi Arabia Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
6.1.6 Saudi Arabia Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
6.1.7 Saudi Arabia Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
7 UAE Plywood Market, 2021 - 2031 |
7.1 UAE Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
7.2 UAE Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
7.3 UAE Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
7.4 UAE Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
7.5 UAE Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
7.6 UAE Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
7.7 UAE Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
8 Qatar Plywood Market, 2021 - 2031 |
8.1 Qatar Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
8.2 Qatar Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
8.3 Qatar Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
8.4 Qatar Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
8.5 Qatar Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
8.6 Qatar Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
8.7 Qatar Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
9 Kuwait Plywood Market, 2021 - 2031 |
9.1 Kuwait Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
9.2 Kuwait Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
9.3 Kuwait Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
9.4 Kuwait Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
9.5 Kuwait Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
9.6 Kuwait Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
9.7 Kuwait Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
10 Oman Plywood Market, 2021 - 2031 |
10.1 Oman Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
10.2 Oman Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
10.3 Oman Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
10.4 Oman Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
10.5 Oman Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
10.6 Oman Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
10.7 Oman Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
11 Bahrain Plywood Market, 2021 - 2031 |
11.1 Bahrain Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
11.2 Bahrain Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
11.3 Bahrain Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
11.4 Bahrain Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
11.5 Bahrain Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
11.6 Bahrain Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
11.7 Bahrain Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
12 Turkey Plywood Market, 2021 - 2031 |
12.1 Turkey Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
12.2 Turkey Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
12.3 Turkey Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
12.4 Turkey Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
12.5 Turkey Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
12.6 Turkey Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
12.7 Turkey Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
13 Rest of Middle East Plywood Market, 2021 - 2031 |
13.1 Rest of Middle East Plywood Market, Revenues & Volume, By Size, 2021 - 2031 |
13.2 Rest of Middle East Plywood Market, Revenues & Volume, By Thickness, 2021 - 2031 |
13.3 Rest of Middle East Plywood Market, Revenues & Volume, By Grade, 2021 - 2031 |
13.4 Rest of Middle East Plywood Market, Revenues & Volume, By Wood Type, 2021 - 2031 |
13.5 Rest of Middle East Plywood Market, Revenues & Volume, By Number of Ply, 2021 - 2031 |
13.6 Rest of Middle East Plywood Market, Revenues & Volume, By Sales Channel , 2021 - 2031 |
13.7 Rest of Middle East Plywood Market, Revenues & Volume, By Application , 2021 - 2031 |
14 Middle East Plywood Market Key Performance Indicators |
15 Middle East Plywood Market - Opportunity Assessment |
15.1 Middle East Plywood Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Middle East Plywood Market Opportunity Assessment, By Size, 2021 & 2031F |
15.3 Middle East Plywood Market Opportunity Assessment, By Thickness, 2021 & 2031F |
15.4 Middle East Plywood Market Opportunity Assessment, By Grade, 2021 & 2031F |
15.5 Middle East Plywood Market Opportunity Assessment, By Wood Type, 2021 & 2031F |
15.6 Middle East Plywood Market Opportunity Assessment, By Number of Ply, 2021 & 2031F |
15.7 Middle East Plywood Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
15.8 Middle East Plywood Market Opportunity Assessment, By Application , 2021 & 2031F |
16 Middle East Plywood Market - Competitive Landscape |
16.1 Middle East Plywood Market Revenue Share, By Companies, 2024 |
16.2 Middle East Plywood Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |