Particle Board Market in India 2022-2026
Technavio has been monitoring the particle board market in India and it is poised to grow by $ 530.26 million during 2022-2026, progressing at a CAGR of 5.35% during the forecast period. Our report on the particle board market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing demand for furniture from the office space and hospitality sectors in India and being lightweight, they can be easily transported and handled. In addition, increasing demand for furniture from the office space and hospitality sectors in India is anticipated to boost the growth of the market as well.
The particle board market in India analysis includes end-user and sales channel segments.
Technavio's particle board market in India is segmented as below:
By End-user
- Residential
- Commercial
- Industrial
By Sales Channel
This study identifies the rising number of infrastructural and construction activities as one of the prime reasons driving the particle board market growth in India during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on particle board market in India covers the following areas:
- Particle board market sizing
- Particle board market forecast
- Particle board market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading particle board market vendors in India that include Action Group, Archidply Decor Ltd., Asian Prelam Industries Pvt. Ltd., Associate Decor Ltd., Century Plyboards Ltd., DMK Particleboard LLP, EverGreen Boardlam Pvt. Ltd., Krifor Industries Pvt. Ltd., Shirdi Industries Ltd., and The Decorative Laminates (India) Pvt. Ltd. Also, the particle board market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Companies MentionedAction Group, Archidply Decor Ltd., Asian Prelam Industries Pvt. Ltd., Associate Decor Ltd., Century Plyboards Ltd., DMK Particleboard LLP, EverGreen Boardlam Pvt. Ltd., Krifor Industries Pvt. Ltd., Shirdi Industries Ltd., The Decorative Laminates (India) Pvt. Ltd.