Particle Board Market in India 2022-2026

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
  • Offline
  • Online
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 Mentioned

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., The Decorative Laminates (India) Pvt. Ltd.


  • Executive Summary
    • Table Key Finding 6
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Building products
      • Inputs
      • Inbound logistics
      • Production operations
      • Outbound logistics
      • Marketing and sales
      • Service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2021
    • Market outlook: Forecast for 2021 - 2026
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table India- Market size and forecast 2021 - 2026 ($ million)
        • Table India market: Year-over-year growth 2021 - 2026 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2021 & 2026
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2021
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2021-2026 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Residential - Market size and forecast 2021-2026
      • Table Residential - Market size and forecast 2021-2026 ($ million)
      • Table Residential - Year-over-year growth 2021-2026 (%)
    • Commercial - Market size and forecast 2021-2026
      • Table Commercial - Market size and forecast 2021-2026 ($ million)
      • Table Commercial - Year-over-year growth 2021-2026 (%)
    • Industrial - Market size and forecast 2021-2026
      • Table Industrial - Market size and forecast 2021-2026 ($ million)
      • Table Industrial - Year-over-year growth 2021-2026 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Market Segmentation by Sales Channel
    • Market segments
      • Table Sales channel - Market share 2021-2026 (%)
    • Comparison by Sales channel
      • Table Comparison by Sales channel
    • Offline - Market size and forecast 2021-2026
      • Table Offline - Market size and forecast 2021-2026 ($ million)
      • Table Offline - Year-over-year growth 2021-2026 (%)
    • Online - Market size and forecast 2021-2026
      • Table Online - Market size and forecast 2021-2026 ($ million)
      • Table Online - Year-over-year growth 2021-2026 (%)
    • Market opportunity by Sales channel
      • Table Market opportunity by Sales channel
  • Customer landscape
    • Table Customer landscape
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand for furniture from the office space and hospitality sectors in India
      • Easily transported and handled
    • Market challenges
      • Low durability
      • Toxic to human health
        • Table Impact of drivers and challenges
    • Market trends
      • Significant growth in the construction industry
      • Easy installation and informal alterations
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Action Group
      • Table Action Group – Overview
      • Table Action Group - Product and service
      • Table Action Group - Key offerings
    • Archidply Decor Ltd.
      • Table Archidply Decor Ltd. –Overview
      • Table Archidply Decor Ltd. - Product and service
      • Table Archidply Decor Ltd. - Key offerings
    • Asian Prelam Industries Pvt. Ltd.
      • Table Asian Prelam Industries Pvt. Ltd. –Overview
      • Table Asian Prelam Industries Pvt. Ltd. - Product and service
      • Table Asian Prelam Industries Pvt. Ltd. - Key offerings
    • Associate Decor Ltd.
      • Table Associate Decor Ltd. –Overview
      • Table Associate Decor Ltd. - Product and service
      • Table Associate Decor Ltd. - Key offerings
    • Century Plyboards Ltd.
      • Table Century Plyboards Ltd. –Overview
      • Table Century Plyboards Ltd. - Business segments
      • Table Century Plyboards Ltd. - Key News
      • Table Century Plyboards Ltd. - Key offerings
      • Table Century Plyboards Ltd. - Segment focus
    • DMK Particleboard LLP
      • Table DMK Particleboard LLP – Overview
      • Table DMK Particleboard LLP - Product and service
      • Table DMK Particleboard LLP - Key offerings
    • EverGreen Boardlam Pvt. Ltd.
      • Table EverGreen Boardlam Pvt. Ltd. –Overview
      • Table EverGreen Boardlam Pvt. Ltd. - Product and service
      • Table EverGreen Boardlam Pvt. Ltd. - Key offerings
    • Krifor Industries Pvt. Ltd.
      • Table Krifor Industries Pvt. Ltd. –Overview
      • Table Krifor Industries Pvt. Ltd. - Product and service
      • Table Krifor Industries Pvt. Ltd. - Key offerings
    • Shirdi Industries Ltd.
      • Table Shirdi Industries Ltd. –Overview
      • Table Shirdi Industries Ltd. - Product and service
      • Table Shirdi Industries Ltd. - Key offerings
    • The Decorative Laminates (India) Pvt. Ltd.
      • Table The Decorative Laminates (India) Pvt. Ltd. –Overview
      • Table The Decorative Laminates (India) Pvt. Ltd. - Product and service
      • Table The Decorative Laminates (India) Pvt. Ltd. - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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