Middle East and Africa Wood Based Panel Market Size– By Product, By Thickness, By Distribution Channel, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Middle East and Africa Wood Based Panel Market Introduction and Overview
According to SPER market research, ‘Middle East and Africa Wood Based Panel Market Size – By Product , By Thickness , By Distribution Channel , By Application , By End-User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the MEA Wood Based Panel Market is predicted to reach USD 6.07 billion by 2033 with CAGR of 4.6%.
Because of their affordability and adaptability, wood-based panels, such as plywood, particleboard, and medium-density fiberboard (MDF), are frequently utilized for a variety of purposes. The wood fibers, chips, or veneers used to make these panels are fused together with adhesives under pressure and heat. Wood-based panels are widely used in furniture production, interior design, and both commercial and residential construction projects.
Like many other industries, the wood-based panel business experienced supply chain interruptions as a result of labour shortages, mobility restrictions, and lockdowns. Throughout the pandemic, the construction industry—a significant user of wood-based panels—saw slowdowns and project delays, which had an impact on the market for these goods. The demand for wood-based panels differed according to the use.
Scope of the Report:Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Product, By Thickness, By Distribution Channel , By Application , By End-User
Regions covered Egypt, Israel, Saudi Arabia, South Africa, U.A.E., Rest Of Middle East And Africa
Companies CoveredEGGER, Starbank Panel Products Ltd, Dongwha Group, ARAUCO, Sonae Industria, EVERGREEN FIBREBOARD BERHAD, Weyerhaeuser Company, Timber Products Company and various others.
MENA Wood Based Panel Market Segmentation:By Product:Based on the Product, Middle East and Africa Wood Based Panel Market is segmented as; Plywood, Fiberboard, Oriented Strand Board, Cement-Bonded Particleboard, Lumber Panels, T-Beam Panels, Stress-Skin Panels, and Others.
By Distribution Channel:Based on the Distribution Channel, Middle East and Africa Wood Based Panel Market is segmented as; B2B, OEMS, Specialty Stores, E-Commerce, and Others.
By Application:Based on the Application, Middle East and Africa Wood Based Panel Market is segmented as; Outdoor Door, Window Trim, Ceiling Wall, Mantel, Floor, and Others.