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
By Geographical Landscape
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.