--- title: "The Next Big #1 Spot in Formwork Plywood Supply" description: Global formwork plywood market is now hotter than ever with increasing demands from mostly North America. With house prices increasing sharply and fewer house owners want to sell, the need for construction is rising rapidly. Therefore, formwork plywood is susceptible to increasing demand and move into supplier market. There are 3 big area of supply:… image: https://hello.vinawoodltd.com/hubfs/Imported_Blog_Media/thumb.jpg --- [Skip to content](https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply#main-content) ![Vinawood Development and Investment Co., LTD](https://hello.vinawoodltd.com/hs-fs/hubfs/logo%20vinawood_standard.png?width=817&height=440&name=logo%20vinawood_standard.png) - [About](https://hello.vinawoodltd.com/about) - [Contact](https://hello.vinawoodltd.com/contact) - [Products](https://hello.vinawoodltd.com/products) - [Pricing](https://hello.vinawoodltd.com/pricing) Open main navigation Close main navigation - [About](https://hello.vinawoodltd.com/about) - [Contact](https://hello.vinawoodltd.com/contact) - [Products](https://hello.vinawoodltd.com/products) - [Pricing](https://hello.vinawoodltd.com/pricing) - [Contact us](https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply#contact) [Contact us](https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply#contact) Jul 25, 2021 11:54:31 PM # The Next Big #1 Spot in Formwork Plywood Supply [Anne Peterson](https://hello.vinawoodltd.com/blog/author/anne-peterson) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply) [Twitter icon](https://twitter.com/intent/tweet?url=https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply) [envelope icon](mailto:?body=https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply) Global formwork plywood market is now hotter than ever with increasing demands from mostly North America. With house prices increasing sharply and fewer house owners want to sell, the need for construction is rising rapidly. Therefore, formwork plywood is susceptible to increasing demand and move into supplier market. There are 3 big area of supply: Europe, Asia, and South America. European and Asian mills both provide **[Film Faced Plywood](https://vinawoodltd.com/news/a-comprehensive-guide-to-plywood-grades-and-their-applications-choose-vinawood-for-quality-and-consistency/)** from different species such as Birch (Russia, Latvia, Finland), Poplar (Russia, China), Acacia/Eucalyptus (**[Vietnam](https://vinawoodltd.com/news/the-importance-of-quality-control-in-plywood-manufacturing-vinawoods-edge-in-the-industry-category-industry-trends-and-insights/)**) etc. South American plywood market provides mostly **[MDO plywood](https://vinawoodltd.com/news/how-mdo-plywood-contributes-to-efficient-concrete-forming-the-vinawood-advantage/)** for construction purposes. These plywood are coated with high density overlay to withhold forces and make concrete surface matte. Big players in Russia like Sveza have increased their formwork plywood prices more than 100%, while Asian plywood have risen on average from 5-10%. In Vietnam, big players like **[VINAWOOD](https://vinawoodltd.com/)** and **[Tekcom](http://tekcom.vn)** also have increased their plywood prices to about 5-10% compared to last year. This is mostly due to heavy demand in North America, which lead to higher demand for good quality raw materials, and higher prices. Suppliers also face higher price pressure from plastic market which is main ingredient of plywood adhesives. With China’s much less focus on plywood industry, Vietnam stands out as the next big global player of plywood with many **[outstanding suppliers.](https://vinawoodltd.com/news/top-vietnam-plywood-supplier-for-formwork/)**   [Industry Trends and Insights](https://hello.vinawoodltd.com/blog/tag/industry-trends-and-insights) ## Related posts [![](https://hello.vinawoodltd.com/hs-fs/hubfs/Imported_Blog_Media/pl19145210-flying_table_formwork_for_large_area_slab_concrete_construction-copy-2.jpg?height=200&name=pl19145210-flying_table_formwork_for_large_area_slab_concrete_construction-copy-2.jpg)](https://hello.vinawoodltd.com/blog/news/new-introduction-to-5-formwork-plywood) [Industry Trends and Insights](https://hello.vinawoodltd.com/blog/tag/industry-trends-and-insights), [How-to Guides and Tutorials](https://hello.vinawoodltd.com/blog/tag/how-to-guides-and-tutorials) ## [New Introduction to 5 Formwork Plywood](https://hello.vinawoodltd.com/blog/news/new-introduction-to-5-formwork-plywood) [newsroom](https://hello.vinawoodltd.com/blog/author/newsroom) Aug 22, 2021 11:56:45 AM Formwork Plywood generally categorizes all plywood used for Formwork purposes. These vary from Film... [Read more](https://hello.vinawoodltd.com/blog/news/new-introduction-to-5-formwork-plywood) [![](https://hello.vinawoodltd.com/hs-fs/hubfs/Imported_Blog_Media/formwork-plywood-suppliers-in-philippines.png?height=200&name=formwork-plywood-suppliers-in-philippines.png)](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-philippines) [Uncategorized](https://hello.vinawoodltd.com/blog/tag/uncategorized) ## [9 Best Formwork Plywood Suppliers in Philippines](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-philippines) [Anne Peterson](https://hello.vinawoodltd.com/blog/author/anne-peterson) Mar 16, 2022 10:09:00 PM Are you confused about choosing the best formwork plywood suppliers in Philippines? If yes, welcome... [Read more](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-philippines) [![](https://hello.vinawoodltd.com/hs-fs/hubfs/Imported_Blog_Media/formwork-plywood-suppliers-in-middle-east.png?height=200&name=formwork-plywood-suppliers-in-middle-east.png)](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-middle-east) [Uncategorized](https://hello.vinawoodltd.com/blog/tag/uncategorized), [buy formwork plywood](https://hello.vinawoodltd.com/blog/tag/buy-formwork-plywood) ## [9 Best Formwork Plywood Suppliers in Middle East](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-middle-east) [Anne Peterson](https://hello.vinawoodltd.com/blog/author/anne-peterson) Mar 11, 2022 9:46:00 AM You are at the right place if finding the best formwork plywood supplier in the Middle East is your... [Read more](https://hello.vinawoodltd.com/blog/news/formwork-plywood-suppliers-in-middle-east) [![Vinawood Development and Investment Co., LTD](https://hello.vinawoodltd.com/hs-fs/hubfs/logo%20vinawood_standard.png?width=817&height=440&name=logo%20vinawood_standard.png "Vinawood Development and Investment Co., LTD")](http://vinawoodltd.com) 123 Waverly Pl., Boston, MA 02135 - [About](https://hello.vinawoodltd.com/about) - [Contact](https://hello.vinawoodltd.com/contact) - [Products](https://hello.vinawoodltd.com/products) - [Pricing](https://hello.vinawoodltd.com/pricing) --- facebook-f icon linkedin-in icon Twitter icon instagram icon Copyright © 2026, VINAWOOD ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Anne Peterson", "url" : "https://hello.vinawoodltd.com/blog/author/anne-peterson" }, "dateModified" : "2023-04-27T21:05:51.545Z", "datePublished" : "2021-07-25T16:54:31.000Z", "headline" : "The Next Big #1 Spot in Formwork Plywood Supply", "image" : [ "https://hello.vinawoodltd.com/hubfs/Imported_Blog_Media/thumb.jpg" ], "mainEntityOfPage" : { "@id" : "https://hello.vinawoodltd.com/blog/news/the-next-big-1-spot-in-formwork-plywood-supply", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://hello.vinawoodltd.com/hubfs/logo%20vinawood_standard.png" }, "name" : "VINAWOOD" } } ```