Particle Board Market in India 2024-2028

Particle Board Market In India 2024-2028


The particle board market in india is forecasted to grow by USD 554.2 mn during 2023-2028, accelerating at a CAGR of 5.1% during the forecast period. The 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, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for furniture from office space and hospitality sectors in india, being lightweight, can be easily transported and handled, and rising number of infrastructural and construction activities.

Technavio's particle board market in india is segmented as below:

By End-user
  • Residential
  • Commercial
  • Industrial
By Distribution Channel
  • Offline
  • Online
By Geographical Landscape
  • APAC
This study identifies the significant growth in construction on account of rapid urbanization as one of the prime reasons driving the particle board market in india growth during the next few years. Also, easy installation and informal alterations and offers significant insulation will lead to sizable demand in the market.

The report on the particle board market in india covers the following areas:
  • Particle Board Market in India sizing
  • Particle Board Market in India forecast
  • Particle Board Market in India industry analysis
The 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 in india vendors that include Action Group, Archidply Decor Ltd., Asian Prelam Industries Pvt. Ltd., Associate Decor Ltd., ATT Panels, Century Plyboards India Ltd., DMK Particleboard LLP, EverGreen Boardlam Pvt. Ltd., Featherlite, Glam Ply and Decor, Krifor Industries Pvt. Ltd., Kunnathan Chip Boards Pvt. Ltd., Padmavati Ply Pvt. Ltd., Positive Chip Boards India Pvt Ltd., Shell Laminates Pvt. Ltd., Shirdi Industries Ltd., Supreme Decor LLP, The Decorative Laminates (India) Pvt. Ltd., and Vihaan boards 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.

The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary - Data Table on Market Overview
  • Technavio Analysis
    • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
    • Criticality of inputs and Factors of differentiation
    • Factors of disruption
    • Impact of drivers and challenges
  • Market Landscape
    • Market ecosystem
      • Table Data Table on - Parent Market
    • Market characteristics
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Particle Board Market in India 2018 - 2022
      • Table Historic Market Size - Data Table on Particle Board Market in India 2018 - 2022 ($ million)
    • End-user segment analysis 2018 - 2022
    • Distribution Channel segment analysis 2018 - 2022
  • Qualitative Analysis
    • Impact of AI on Particle Board Market in India
  • Five Forces Analysis
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
  • Market Segmentation by End-user
    • Market segments
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Residential - Market size and forecast 2023-2028
      • Table Data Table on Residential - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Residential - Year-over-year growth 2023-2028 (%)
    • Commercial - Market size and forecast 2023-2028
      • Table Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • Industrial - Market size and forecast 2023-2028
      • Table Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Data Table on Market opportunity by End-user ($ million)
  • Market Segmentation by Distribution Channel
    • Market segments
      • Table Data Table on Distribution Channel - Market share 2023-2028 (%)
    • Comparison by Distribution Channel
      • Table Data Table on Comparison by Distribution Channel
    • Offline - Market size and forecast 2023-2028
      • Table Data Table on Offline - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Offline - Year-over-year growth 2023-2028 (%)
    • Online - Market size and forecast 2023-2028
      • Table Data Table on Online - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Online - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Distribution Channel
      • Table Data Table on Market opportunity by Distribution Channel ($ million)
  • Customer Landscape
    • Customer landscape overview
  • Drivers, Challenges, and Opportunity/Restraints
    • Market drivers
      • Increasing demand for furniture from office space and hospitality sectors in India
      • Being lightweight, can be easily transported and handled
    • Market challenges
      • Low durability
      • Toxic to human health
    • Impact of drivers and challenges
    • Market opportunities/restraints
      • Significant growth in construction on account of rapid urbanization
      • Easy installation and informal alterations
  • Competitive Landscape
    • Overview
    • Competitive Landscape
    • Landscape disruption
    • Industry risks
  • Competitive Analysis
    • Companies profiled
    • Company ranking index
    • Market positioning of companies
    • Action Group
    • Archidply Decor Ltd.
    • Asian Prelam Industries Pvt. Ltd.
    • Associate Decor Ltd.
    • Century Plyboards India Ltd.
    • DMK Particleboard LLP
    • EverGreen Boardlam Pvt. Ltd.
    • Krifor Industries Pvt. Ltd.
    • Shirdi Industries Ltd.
    • The Decorative Laminates (India) Pvt. Ltd.
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • Data procurement
    • Data validation
    • Validation techniques employed for market sizing
    • Data synthesis
    • 360 degree market analysis
    • List of abbreviations

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