If the function was the assumed professional use, sure.
If the function was a tawdry turn-of-the-century tourist souvenir, I’m not so sure. Plywood was already in use by then for e.g. sewing machine covers and tables (Singer was perhaps the biggest plywood user pre-20th C), tea crates and other mass-produced items. I could see cheap Balkan tat being made from recycled wood sourced from that stream.