Wood Based Panel Market Size - By Product (Plywood, Particleboard, Medium Density Fibreboard (MDF), Oriented Strand Board (OSB), Hardboard, Softboard, Laminated Veneer Lumber (LVL)), By End-use & Global Forecast, 2023

Description

List of Tables

Global Wood Based Panel Market size will grow at 5.4% CAGR from 2023 to 2032, attributed to the rapid urbanization and population growth worldwide. According to UNFPA, the world is currently experiencing the most significant surge in urbanization in its history. Over 50% of the global population resides in urban areas, and by the year 2030, this figure is projected to increase to approximately 5 billion people.

As more people flock to cities, the demand for construction materials, including plywood and particleboard, surges. Wood-based panels are favored for their versatility, affordability, and sustainability. This trend is further bolstered by the need for eco-friendly building solutions, making wood-based panels a key player in the growing construction and interior design industries.

The overall wood based panel market is categorized based on product, end-use, and region.

Medium-density fiberboard (MDF) panel industry will exhibit a noticeable growth rate through 2032. Medium-density fiberboard (MDF) panels are in high demand due to their versatility and cost-efficiency. They are a popular choice for furniture, cabinetry, and interior design due to their smooth surface, making them easy to paint and finish. MDF is also environmentally friendly as it is made from recycled wood fibers and resin, aligning with the increasing focus on sustainable building materials. These attributes contribute to the rising demand for MDF panels in various industries.

The construction and building segment will capture a sizeable wood based panel market share by 2032. Wood-based panels are increasingly favored in the construction and building sector due to their multiple advantages. These panels offer exceptional structural stability and insulation properties, contributing to energy-efficient and sustainable construction. Moreover, wood-based panels are cost-effective, eco-friendly, and readily available. Their versatility in various applications, such as flooring, walls, and roofing, makes them a preferred choice, aligning with the industry's emphasis on both performance and sustainability.

Europe wood-based panel industry is experiencing robust growth due to several factors. Increasing environmental awareness and regulations favor sustainable and renewable construction materials like wood-based panels. Additionally, technological upgrades in the field have enhanced the quality and performance of these panels, expanding their applications in the construction sector. The industry's growth is further fueled by a growing demand for energy-efficient, eco-friendly building solutions across Europe.

Product Code: 6553

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Wood based panel industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Product trends
2.4 End-use trends
2.5 Regional trends

Chapter 3 Wood Based Panel Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By product
- 3.3.2 By end-use
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Wood Based Panel Market Size and Forecast, By Product 2018 - 2032

5.1 Plywood
5.2 Particleboard
5.3 Medium Density Fibreboard (MDF)
5.4 Oriented Strand Board (OSB)
5.5 Hardboard
5.6 Softboard
5.7 Laminated Veneer Lumber (LVL)
5.8 Other Engineered Wood Panels

Chapter 6 Wood Based Panel Market Size and Forecast, By End-use 2018 - 2032

6.1 Furniture and furnishing
6.2 Construction and Building
6.3 Automotive and Transportation
6.4 Packaging and Logistics
6.5 Industrial Equipment
6.6 Others

Chapter 7 Wood Based Panel Market Size and Forecast, By Region 2018 - 2032

7.1 Key trends, by region
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Spain
- 7.3.5 Italy
7.4 Asia Pacific
- 7.4.1 Japan
- 7.4.2 China
- 7.4.3 India
- 7.4.4 Australia
- 7.4.5 South Korea
- 7.4.6 Indonesia
- 7.4.7 Malaysia
7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.5.3 Argentina
7.6 MEA
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
- 7.6.4 Egypt

Chapter 8 Company Profiles

8.1 Georgia-Pacific LLC (Koch Industries)
8.2 West Fraser Timber Co. Ltd.
8.3 Weyerhaeuser Company
8.4 Norbord Inc.
8.5 Arauco
8.6 Louisiana-Pacific Corporation (LP)
8.7 EGGER Group
8.8 Kronospan
8.9 U.S. Lumber Group LLC
8.10 Swiss Krono Group
8.11 Roseburg Forest Products
8.12 Ainsworth Lumber Co. Ltd.
8.13 Panels & Furniture Group (PFM Group)
8.14 Boise Cascade Company
8.15 Pfleiderer Group S.A.