2025 Hardwood Veneer & Plywood Manufacturing Industry Report

Industry Overview

This U.S. industry comprises establishments primarily engaged in manufacturing hardwood veneer and/or hardwood plywood.
Source: US Census Bureau

Market Size and Industry Forecast

The Hardwood Veneer and Plywood Manufacturing industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the Hardwood Veneer & Plywood Manufacturing industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Hardwood Veneer & Plywood Manufacturing companies in the United States.

Distribution by Company Size

Company Size	All Industries	Hardwood Veneer & Plywood Manufacturing
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Hardwood Veneer & Plywood Manufacturing Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Hardwood Veneer & Plywood Manufacturing Industry Product Mix

Product Description	Description	Revenue ($ Millions)
Hardwood veneer and plywood manufacturing
Hardwood veneer, incl. backed w/ paper/cloth/etc.
Hardwood plywood, except prefinished made from purchased
Hardwood plywood, prefinished, made from purchased
Hardwood plywood-type products
Hardwood veneered panels, including two-ply veneers
Hardwood veneer and plywood manufacturing, nsk, total
Hardwood veneer & plywood, nsk, for nonadministrative-records
Hardwood veneer & plywood, nsk, for administrative-records

Hardwood Veneer & Plywood Manufacturing Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	3%
Chief Executives	0%
General and Operations Managers	1%
Office and Administrative Support Occupations	5%
Installation, Maintenance, and Repair Occupations	6%
Other Installation, Maintenance, and Repair Occupations	5%
Production Occupations	53%
Assemblers and Fabricators	13%
Miscellaneous Assemblers and Fabricators	13%
Assemblers and Fabricators, All Other, Including Team Assemblers	13%
Woodworkers	21%
Woodworking Machine Setters, Operators, and Tenders	19%
Sawing Machine Setters, Operators, and Tenders, Wood	7%
Woodworking Machine Setters, Operators, and Tenders, Except Sawing	12%
Other Production Occupations	13%
Miscellaneous Production Workers	7%
Transportation and Material Moving Occupations	19%
Material Moving Workers	15%
Laborers and Material Movers, Hand	10%

Government Contracts

The federal government spent an annual total of $3,214,364 on the hardwood veneer & plywood manufacturing industry. It has awarded 165 contracts to 25 companies, with an average value of $128,575 per company.

Top Companies in Hardwood Veneer & Plywood Manufacturing and Adjacent Industries

Company	Address	Revenue ($ Millions)