Global Wood Based Panel Market Growth 2023-2029

Global Wood Based Panel Market Growth 2023-2029

Wood-based panels are sheet materials that contain a significant proportion of wood in one of a variety of forms (strips, veneers, chips, strands or fibres).

The wood-based panel categories include particleboard (PB)/chipboard (CB), medium density fibreboard (MDF), high density fibreboard (HDF), oriented strand board (OSB), plywood and so on.

LPI (LP Information)' newest research report, the “Wood Based Panel Industry Forecast” looks at past sales and reviews total world Wood Based Panel sales in 2022, providing a comprehensive analysis by region and market sector of projected Wood Based Panel sales for 2023 through 2029. With Wood Based Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wood Based Panel industry.

This Insight Report provides a comprehensive analysis of the global Wood Based Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wood Based Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wood Based Panel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wood Based Panel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wood Based Panel.

The global Wood Based Panel market size is projected to grow from US$ 89220 million in 2022 to US$ 151760 million in 2029; it is expected to grow at a CAGR of 151760 from 2023 to 2029.

Global Wood Based Panel key players include Kronospan, Arauco, Norbord, Egger, etc. Global top four manufacturers hold a share over 5%.

Asia-Pacific is the largest market, with a share about 60%, followed by Europe, and North America, both have a share over 30 percent.

In terms of product, Plywood is the largest segment, with a share over 35%. And in terms of application, the largest application is Flooring, followed by Furniture, Construction, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Wood Based Panel market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Particleboard (PB)

Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)

Hardboard

Oriented Strand Board (OSB)

Plywood

Others

Segmentation by application

Furniture

Construction

Flooring

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Kronospan

Arauco

Daiken New Zealand

Duratex

Georgia-Pacific

Masisa

Swiss Krono Group

Norbord

Louisiana-Pacific

Weyerhaeuser

Egger

Sonae Industria

Pfleiderer

Kastamonu Entegre

Swedspan

Langboard

Finsa

Tolko

Arbec

West Fraser

GVK Novopan Industries Limited

Sahachai Particle Board

Siam Riso Wood Products

Daya

Furen

Sengong

Jianfeng

Shengda

Fenglin

Weihua

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wood Based Panel market?

What factors are driving Wood Based Panel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wood Based Panel market opportunities vary by end market size?

How does Wood Based Panel break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.