USA and Canada Teak Veneer Sheet Market Size, Share, Demand & Trends by 2033
From 2023 to 2033, teak veneer sheet demand in the USA and Canada market will thrive at 3.6% CAGR . By 2033, total market valuation will reach around US$ 86.0 million. The USA and Canada teak veneer sheet market size is expected to reach US$ 60.1 million in 2023. Teak or Tectona Grandis is one of the renowned tropical hardwood tree species. It is durable, extremely water-resistant, and resistant to rots, pests, and others. Thus, it is widely used for building boats, yachts, outdoor furniture, and others. Veneer sheets are thin layers of wood logs. They are used for different purposes as they maintain the same natural feel and give an aesthetic appeal to the object. Yacht/boat is the leading application segment. Teak veneer sheets are being increasingly used during boat/yacht building owing to their various qualities. They find applications in boat decks, cabinets, etc. Hence, widening usage of teak veneer sheets in shipbuilding applicatio...