A vast array of goods, such as plywood, paper, lumber, and engineered wood products, are referred to as wood-based products. Products made of wood are used in many different industries, such as printing, furniture, construction, and packaging.
The market for wood-based products was estimated to be worth USD 938.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.3% to reach USD 1.53 trillion by 2029 (2023-2029).
List of Top 11 Wood & Wood Products in India (BSE) based on Net Profit.
| Company Name | Net Profit (Rs. cr) |
| CenturyPlyboard | 366.84 |
| Greenpanel Ind | 229.96 |
| Greenply Ind | 109.35 |
| Rushil Decor | 77.67 |
| Bloom Dekor | 21.47 |
| Archidply Ind | 12.23 |
| Duroply Industr | 5.23 |
| Oriental RI | 2.3 |
| Archidply Decor | 0.73 |
| Milestone Furni | -0.66 |
| Ecoboard Inds | -3.14 |
Source: BSE, India, last updated 20 February, 2024
This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:
Reference:
1. Ganguly, I., & Eastin, I. (2007). Overview of the Indian Market for US Wood Products.
2. Bansal, A. K. (2021). Sustainable Trade of Wood and Wood based products in India. NCCF Policy Paper, 1(2021), 1-15.
Disclaimer: This news is for information and research purposes only. It is not intended for financial advice.
Declaration of competing interest: Publisher and owner of this web-portal hereby declare that there is no competing interest.