Wooden & Plywood Packaging Market

Wooden & Plywood Packaging Market Overview

The wooden & plywood packaging market is projected to register a CAGR of 4.57% during the forecast period, up from US$ 17.5 Bn in 2021, to reach a valuation of US$ 28.5 Bn by 2032.

The wooden & plywood packaging market is anticipated to show promising growth prospects during the forecast period as a result of growing competition. New competitors are offering a variety of options at reasonable pricing to fulfill the demand for wooden & plywood packaging, making it more accessible to customers in the global wooden & plywood packaging market.

Wood is one of the most commonly utilized packing materials for fragile and heavy items. Manufacturers have been opting for durable and strong packaging types like hardwood and plywood packaging over plastic packaging for a variety of end-use items in recent years.

The increasing sales of wooden & plywood packaging have numerous reasons, including improved shipping and logistics packing. Furthermore, demand for wooden & plywood packaging is high due to its bearing strength and excellent durability for bulk transit. 

Sales of wooden & plywood packaging are expected to rise significantly. In addition to this, demand for wooden & plywood packaging is rising on account of US$ 21.8 Bn by 2026. Increasing sales of wooden & plywood packaging are also projected to contribute to the growth of the wooden & plywood packaging market share.

Manufacturers in the wooden & plywood packaging market get a big platform from which to serve the whole demand for wooden & plywood packaging. The worldwide sales of wooden & plywood packaging are seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for wooden & plywood packaging more accessible to customers. 

Furthermore, the static electrical properties, chemical resistance, and weathering capabilities of hardwood and plywood packing are excellent. Sales of wooden & plywood packaging are booming due to being used to fill chemicals such as adhesives, lubricants, and paints because of their long-lasting properties. 

Hardwoods like oak, maple, and teak, as well as softwoods like pines and spruces, are commonly used to make hence spiking the sales of wooden & plywood packaging. Over the projected period, all of these factors have produced development prospects for the wooden & plywood packaging market. Sales of wooden & plywood packaging are also increasing can withstand direct sunlight and extreme temperatures, providing clients ideal for bulk shipping and logistics.

Nefab AB, Edwards Wood Products, Inc., Green Pack Industries, Napa Wooden Box Co., Ongna Wood Products, Inc., Shur-way Industries, Inc., Rowlinson Packaging Ltd, C&K Box Company, Inc., C Jackson & Sons Ltd., Bay wood products, Inc., Arrington Lumber and Pallet Company, LJB Timber Packaging Pty. Ltd., etc. are some of the leading participants in the wooden & plywood packaging market.

What are the Key Drivers to the Wooden & Plywood Packaging Market Share?

The growing demand for wooden & plywood packaging is due to durable and strong packing formats for shipping and logistics in the wooden & plywood packaging market and is expected to increase dramatically.

Sales of wooden & plywood packaging may also be repurposed by cutting the wood and reusing it for another use; the use of RFID tags to track a product, particularly for wooden & plywood packaging items such as crates and pallets, is projected to gain sales of wooden & plywood packaging in the near future. 

Furthermore, due to its stiffness and resistance to deformation and breakage, sales of wooden & plywood packaging, such as wooden boxes, may be employed in building and construction applications. In addition to this, the wooden & plywood packaging market is likely to be hampered by the large weight of hardwood and plywood packaging applications compared to the demand for wooden & plywood packaging and other packaging goods during the forecast period.

Which is the Leading Region in the Wooden & Plywood Packaging Market?

During the projected period, the United States is likely to lead the North American wooden & plywood packaging market.

The wooden & plywood packaging market is predicted to develop significantly in the Asia Pacific region, particularly in India and China. Furthermore, the demand for wooden & plywood packaging in the Middle East and Africa (MEA) is expected to rise slowly throughout the projected period.

Ismail Sutaria

Principal Consultant

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Who are the Key Players in the Wooden & Plywood Packaging Market?

Nefab AB, Edwards Wood Products, Inc., Green Pack Industries, Napa Wooden Box Co., Ongna Wood Products, Inc., Shur-way Industries, Inc., Rowlinson Packaging Ltd, C&K Box Company, Inc., C Jackson & Sons Ltd., Bay wood products, Inc., Arrington Lumber and Pallet Company, LJB Timber Packaging Pty. Ltd., etc are some of the leading participants in the wooden & plywood packaging market.

Recent Developments in the Wooden & Plywood Packaging Market:

• West Fraser announced the acquisition of all of Norbord's issued and outstanding common shares in February 2021, resulting in the company's product portfolio being strengthened.
• Prime-Line Inc., a privately held maker of medium-density fiberboard (MDF) moulding and millwork products, was acquired by Arauco in July 2019. Arauco's foothold in the North American moulding business was strengthened as a result of the purchase.

Scope of Report

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Key Segments For Wooden & Plywood Packaging Market

By Material Type:

• Hardwood
  • Oak
  • Teak
  • Maple
• Softwood
  • Pines
  • Spruces
• Plywood

By Product Type:

• Crates
• Pallets
  • Stringer Pallets
  • Block Pallets
• Cases & Boxes
• Bins
• Barrels
• Dunnage
• Others (reels, drums, spools, etc.)

By End User:

• Food
  • Fruits & Vegetables
  • Bakery & Confectionery
  • Meat, Poultry, & Seafood
  • Ready to Eat
  • Others (Spices & Condiments, etc.) 
• Beverages      
  • Alcoholic Drinks
  • Ready to Drink
  • Bottled Water
  • Sports Drinks
  • Carbonated Drinks
• Healthcare & Pharmaceuticals
• Chemicals & Petrochemicals
• Home Care and Personal Care          
• Others (Electrical & Electronics, etc.)

By Region:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)