The revenue for veneer, plywood, and engineered wood product manufacturing in Canada is projected to increase steadily from 2024 to 2028, beginning at 10.384 billion Canadian dollars in 2024 and reaching 11.977 billion dollars by 2028. Although the specific data from 2023 is missing, the consistent annual growth forecast reflects a positive market trajectory.

Year-on-year growth percentages from 2024 onwards are modest but sustained, indicating an expanding market. The compound annual growth rate (CAGR) from 2024 to 2028 reinforces this positive outlook, suggesting sustained demand and potential market opportunities.

Future trends to watch include:

Technological advancements improving manufacturing efficiency
Increased demand for sustainable building materials
Potential impacts from housing market fluctuations and regulatory changes on imports and exports