Edge Banding Material Market Report: Trends, Forecast and Competitive Analysis to 2030

Edge Banding Material Market Report: Trends, Forecast and Competitive Analysis to 2030

Edge Banding Material Trends and Forecast

The future of the global edge banding material market looks promising with opportunities in the residential and commercial markets. The global edge banding material market is expected to reach an estimated $1.9 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are growth in the quantity of building projects and improvements in interior design, the middle class's rising disposable income, and the growth of the building and housing industries.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Edge Banding Material by Segment

The study includes a forecast for the global edge banding material by type, end use, and region.

Edge Banding Material Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Plastic
• Wood
• Others

Edge Banding Material Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Others

Edge Banding Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Edge Banding Material Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies edge banding material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the edge banding material companies profiled in this report include-

• Blazic robni trakovi
• Coskunuzer Mobilya
• Aero Plastics
• EONCRED
• Dongguancity Hexing Decorative Material
• Unipegasus Profiles
• Doellken-Woodtape

Edge Banding Material Market Insights

Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period because of the higher durability of PVC edge bands.

North America is expected to witness highest growth over the forecast period due to expansion of the home construction industry in developing nations like India, the availability of sophisticated technologies and automated processes, and the region's heavy reliance on furniture panels.

Features of the Global Edge Banding Material Market

Market Size Estimates: Edge banding material market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Edge banding material market size by type, end use, and region in terms of value ($B).

Regional Analysis: Edge banding material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, end use, and regions for the edge banding material market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the edge banding material market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the edge banding material market size?

Answer: The global edge banding material market is expected to reach an estimated $1.9 billion by 2030.

Q2. What is the growth forecast for edge banding material market?

Answer: The global edge banding material market is expected to grow with a CAGR of 9.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the edge banding material market?

Answer: The major drivers for this market are growth in the quantity of building projects and improvements in interior design, the middle class's rising disposable income, and the growth of the building and housing industries.

Q4. What are the major segments for edge banding material market?

Answer: The future of the global edge banding material market looks promising with opportunities in the residential and commercial markets.

Q5. Who are the key edge banding material market companies?

Answer: Some of the key edge banding material companies are as follows:

• Blazic robni trakovi
• Coskunuzer Mobilya
• Aero Plastics
• EONCRED
• Dongguancity Hexing Decorative Material
• Unipegasus Profiles
• Doellken-Woodtape

Q6. Which edge banding material market segment will be the largest in future?

Answer: Lucintel forecasts that plastic is expected to witness the higher growth over the forecast period because of the higher durability of PVC edge bands.

Q7. In edge banding material market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to expansion of the home construction industry in developing nations like India, the availability of sophisticated technologies and automated processes, and the region's heavy reliance on furniture panels.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the edge banding material market by type (plastic, wood, and others), end use (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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