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Procurement Market Intelligence Report

Wood Veneers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Wood Veneers?

What is the average price of Wood Veneers?

This procurement report includes pricing information to help you purchase Wood Veneers. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Wood Veneers been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Wood Veneers yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Wood Veneers?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Wood Veneers with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

The wood veneers market has low market share concentration, with the top four companies accounting for only about 23.0% of the total market. Market share concentration has been increasing marginally in the three years to 2019 due to gains that major vendors have made in the market. Still, the market... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Quality Control

Do you have samples available? How recently were these samples made?

What quality inspection procedures do you have in place? Do you have a designated quality control person?

What methods do you use to fix wood imperfections?

How do you replace defective products? How fast is the turnaround for a product replacement?

What are your storage procedures for the wood veneers? What methods do you implement to reduce color loss or mold?

Market Experience

How long have you made wood veneers? How experienced are your employees?

Do you have technical experience in furniture design or construction

Can you recommend a wood type that would help me save on this purchase?

Do your employees receive training for machinery or veneer processing? What does this training entail?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should state their total budget for wood veneers.

If buyers require an ongoing supply contract, buyers should provide their monthly and annual budget.

Buyers should provide a breakdown of their budget by item, listing individual budgets for specific products being requested.

Buyers should state whether their budget includes any additional costs, such as shipping costs.

Selection Criteria

Buyers should consider the price of the wood veneers from each supplier.

Buyers should consider each supplier’s ability to provide products that meet the buyer's specifications.

Buyers should consider suppliers' inventory and potential for delayed shipments due to backorder.

Buyers should consider the level of customer service from each supplier, using customer reviews to determine this quality.

Buyers should reference the Buying-Decision Scorecard section of this report for a list of key criteria to consider when evaluating providers.

Project Schedule

Buyers should provide a list of key dates that pertain to the RFP process, such as the final dates to ask questions and submit bids.

Buyers should provide a list of key milestones that will occur throughout the contract period, such as the date of the first shipment.

If an ongoing supply contract is being provided, buyers should state the frequency of shipments.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain risk for wood veneer suppliers is medium. Although operators are particularly vulnerable to supply chain risks from wood products because veneers cannot be constructed without wood, wood supply risks are limited. While logging firms and sawmills contribute some risk to the supply chain, suppliers typically source wood... Subscribe to learn more.