Sweden Wood Based Panel Market Forecast 2024-2032
KEY FINDINGS
The Sweden wood based panel market is anticipated to register a CAGR of 7.05% during the forecasted period. Some of the main drivers of the nation’s market expansion are a surge in household and furniture renovation expenditure for wood based panels and the adoption of eco-friendly building techniques. While the base year considered for the studied market is 2023, the forecast years are between 2024 and 2030.
MARKET INSIGHTS
The country with enormous woods, Sweden, is well-represented in the market for wood based panels. Sweden has a robust wood based panel business, which is not surprising given that the country is home to forests covering about 70% of its land, according to the Swedish Federation of Wood and Furniture Industry. The Swedish construction and engineering industry has become a powerhouse with an impressive annual turnover of approximately $73 billion. The real estate stock in Sweden is valued at $660 billion, excluding the worth of crucial infrastructure such as roads, bridges, railways, harbors, and airports, as per the International Trade Administration.
Sweden produced 651,400 cubic meters of wood-based panels, including plywood and particle board. Due to the small number of companies, official production numbers are unknown. However, there was a significant import of particle board and plywood, exceeding 206,000 and 627,000 cubic meters, respectively. This indicates that there is a significant market for wood-based panels in Sweden, where the thriving real estate and construction sectors are probably using some of these products. Therefore, such factors are expected to fuel the growth of the Sweden wood based panel market growth during the forecast period.
COMPETITIVE INSIGHTS
Leading players operating in the market include Moelven Industrier ASA, Smith & Fong Limited, Kronospan Limited, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Scope Of Study
- 2.5. Crisis Scenario Analysis
- 2.6. Major Market Findings
- 2.6.1. Growing Need For Building Materials With Fire Resistance And Minimal Maintenance
- 2.6.2. Accessibility Of Plentiful And Sustainable Sources Of Raw Materials
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Surge In Household And Furniture Renovation Expenditure For Wood Based Panels
- 3.1.2. Optimistic Growth Patterns In Both Residential And Commercial Construction
- 3.1.3. Adoption Of Eco-friendly Building Techniques
- 3.2. Key Restraints
- 3.2.1. Shortage Of Timber
- 3.2.2. Stringent Rules And Norms By The Government Regarding Deforestation
- 3.2.3. Formaldehyde Emission From Wood Based Panels
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.1.1. Growing Role Of Wood Based Panels In Modern Urban Development
- 4.1.2. Emerging Technological Advancements
- 4.2. Pestle Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Legal
- 4.2.6. Environmental
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Buyers Power
- 4.3.2. Suppliers Power
- 4.3.3. Substitution
- 4.3.4. New Entrants
- 4.3.5. Industry Rivalry
- 4.4. Market Concentration Analysis
- 4.5. Value Chain Analysis
- 4.5.1. Raw Materials
- 4.5.2. Manufacturing
- 4.5.3. Quality Control And Testing
- 4.5.4. Distributors
- 4.5.5. Sales
- 5. Market By Product Type
- 5.1. Medium Density Fiberboard (Mdf)/High Density Fiberboard (Hdf)
- 5.2. Particleboard
- 5.3. Oriented Strand Board (Osb)
- 5.4. Plywood
- 5.5. Other Product Types
- 6. Market By Application
- 6.1. Furniture
- 6.1.1. Residential Building
- 6.1.2. Commercial Building
- 6.2. Construction
- 6.2.1. Floor And Roof
- 6.2.2. Wall
- 6.2.3. Door
- 6.2.4. Other Constructions
- 6.3. Packaging
- 6.4. Other Applications
- 7. Competitive Landscape
- 7.1. Key Strategic Developments
- 7.1.1. Mergers & Acquisitions
- 7.1.2. Partnerships & Agreements
- 7.1.3. Business Expansions & Divestitures
- 7.2. Company Profiles
- 7.2.1. Setra Group
- 7.2.1.1. Company Overview
- 7.2.1.2. Products
- 7.2.1.3. Strengths & Challenges
- 7.2.2. Ljungberg Fritzoe
- 7.2.2.1. Company Overview
- 7.2.2.2. Products
- 7.2.3. Kronospan Limited
- 7.2.3.1. Company Overview
- 7.2.3.2. Products
- 7.2.4. Smith & Fong Limited
- 7.2.4.1. Company Overview
- 7.2.4.2. Products
- 7.2.5. Moelven Industrier Asa
- 7.2.5.1. Company Overview
- 7.2.5.2. Products
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook