Market Overview
The Turkey plywood market size was USD 440.37 Million in 2024 and is forecasted to reach USD 657.26 Million by 2033, growing at a CAGR of 4.55% between 2025 and 2033. Increasing investments in transportation infrastructure and rising construction activity in hospitality and retail sectors are boosting plywood demand. The market benefits from Turkey’s emphasis on enhancing connectivity through mega-projects like high-speed rail and new expressways.Â
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Turkey Plywood Market Key Takeaways
- Current Market Size: USD 440.37 Million in 2024
- CAGR: 4.55% during 2025-2033
- Forecast Period: 2025-2033
- Turkey’s infrastructure upgrades such as airports and expressways are significantly increasing plywood demand.
- The hospitality sector’s expansion, projected to generate USD 5.44 Billion revenue by 2024, is fueling plywood usage in interior design and furniture.
- Retail sector growth, with a market size of USD 391.2 Billion in 2024, is driving plywood demand for shelving, counters, and displays.
- Plywood’s affordability, durability, and ease of installation make it a preferred material for construction and interior applications.
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Market Growth Factors
The expansion of transportation infrastructure is a prominent driver of the Turkey plywood market. Turkey’s substantial investment in modernizing airports, highways, railways, and metro systems uses plywood extensively across construction phases. For instance, TAV Airports Holding planned a USD 362 Million investment from 2025 to 2029 to upgrade Almaty Airport, which involves rebuilding runways and upgrading terminals. Plywood is integral for concrete casting formwork, temporary structures, scaffolding, and protective barriers. Its strength and ease of handling support rapid construction timelines needed for infrastructure projects, while it also features in interior finishing of transportation facilities including passenger terminals and administrative offices.
The hospitality industry’s rapid growth offers favorable prospects for plywood demand. Turkey’s hospitality sector revenue was projected at USD 5.44 Billion by 2024. Plywood is widely applied in furniture, wall paneling, ceilings, partitions, and decorative features within hotels, resorts, and restaurants. Continuous renovation and modernization needs, alongside emerging tourism developments in urban and coastal areas, sustain plywood use. Its versatility and cost-effectiveness make it a preferred choice catering to various design requirements in the hospitality landscape.
The retail sector’s broadening landscape positively impacts plywood consumption. The retail market size reached USD 391.2 Billion in 2024, with expansions in shopping malls, supermarkets, boutiques, and franchise stores. Plywood is utilized for shelving, partitions, counters, wall cladding, and display units owing to its lightweight, strength, and smooth finishing. Frequent store redesigns and the influx of local and international brands amplify plywood demand. Temporary setups such as kiosks and pop-up shops also primarily rely on plywood, confirming its importance across Turkey’s growing commercial infrastructure.
Market Segmentation
Application Insights:
- Residential: Includes plywood used for housing constructions and renovations.
- Commercial: Encompasses plywood applications in commercial buildings, offices, retail, and hospitality sectors.
Sector Insights:
- New Construction: Plywood utilized in newly built residential and commercial projects.
- Replacement: Plywood used as replacement or refurbishment in existing buildings.
Regional Insights:
- Marmara
- Central Anatolia
- Mediterranean
- Aegean
- Southeastern Anatolia
- Black Sea
- Eastern Anatolia
Regional Insights
Marmara is one of the major regional markets analyzed in the Turkey plywood report. The market spans all key regions including Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, and Eastern Anatolia. The report provides comprehensive forecasts for these regions during 2025-2033, reflecting varied growth rates based on local developments and industrial activity focused on transport infrastructure, hospitality, and retail sector expansions.
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Market Report Coverage
- Base Year of the Analysis: 2024
- Historical Period: 2019-2024
- Forecast Period: 2025-2033
- Units: Million USD
- Scope: Historical trends, market outlook, industry catalysts and challenges, segment-wise market assessment by application, sector, and region.
- Applications Covered: Residential, Commercial
- Sectors Covered: New Construction, Replacement
- Regions Covered: Marmara, Central Anatolia, Mediterranean, Aegean, Southeastern Anatolia, Black Sea, Eastern Anatolia
- Customization Scope: 10% Free Customization
- Post-Sale Analyst Support: 10-12 Weeks
- Delivery Format: PDF and Excel (PPT/Word on request)
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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