Veneer Sheets Market Opportunity, Segment and Key Trends 2017 – 2025

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Veneer sheets are thin sheets of wood. These sheets are glued or ironed to different parts of furniture such as table tops and door panels. Veneer sheets are generally used to protect the furniture body from heat and moisture. These sheets are produced by slicing large wooden blocks. Veneer sheets are called flitches. Alternative method of making veneer sheets is peeling the trunk of a tree.

The form, texture, pattern, and grain of the veneer sheet can be altered by slicing the tree trunk at different angles. Techniques employed for slicing the wood impact the texture and grain of veneer sheets. Species of the tree used for making these sheets is another important factor that has an effect on the quality of veneer sheets. Manufacturer of furniture is provided with the flexibility of design, as these sheets can be used on panels, doors, and curved and rounded surfaces since they are thin. This is one of the major advantages of using veneer sheets for furniture. Veneer sheets not only serve the decorative purpose of the furniture, but also provide an option which is cost effective than solid timber. Furthermore, they are easier to use.

However, with the use of veneer sheets, the user has to compromise on the esthetics part, as it is not at par with the kind of look that is sought vis-à-vis its counter parts. Veneer sheets are also vulnerable to water damage. Water damage causes the sheets to peel. Furthermore, the repair work requires the entire surface to be replaced, which is a costly affair. This gives rise to the need for a substitute material for veneer sheets. Nonetheless, demand for veneer sheets is rising owing to the rapid infrastructure development, especially in Asia Pacific.

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Geographically, Asia Pacific leads the global veneer sheets market. This trend is expected to continue in the next few years. Countries such as Malaysia, Thailand, China, and Japan are among the major contributors to the growth of the market in Asia Pacific. This is primarily due to the rise in population and increase in infrastructure in these countries. Also, the economic and industrial development in the region, is leading the need for more infrastructure, which in turn is driving the demand for veneer sheets. The market in Asia Pacific is estimated to expand at a significant pace during the forecast period.

Key players operating in the market include KayDavGroup, Oakwood Veneer, Turakhia Overseas Pvt. Ltd., Greenlam Industries, CEDAN INDUSTRIES, Flexible Materials Inc., CenturyPly, Herzog Veneers, Inc., SR Wood, Pearlman Veneers, FormWood Industries, Veneer Technologies, and ESI.

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