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Mohammed Shoaib

26th Apr 2025 · SEBI-Registered Analyst

Riding the Growth Wave: Future of Plywood and Laminates Companies in 2025 Part 1

Market Growth Projections Plywood Market Expansion The Indian plywood market is projected to grow at a CAGR of 6.74%, reaching INR 306.5 billion by FY 2028-29. This growth is driven by increased demand in construction, furniture, and interior design sectors. Source: Woodzon​ Laminates Market Growth The laminates market in India is expected to reach USD 3.10 billion by 2033, growing at a CAGR of 3.80% from 2025 to 2033. The demand is fueled by urbanization and the need for durable surfacing solutions. Source: IMARC Group

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