PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1421508
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1421508
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.
16 List of Abbreviations
17 Reference Links
18 Conclusion
19 Research Scope