Market Overview:
The global blockboard market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for furniture and interior decoration products, and rising construction activities across the globe. In terms of type, the softwood type segment is expected to dominate the global blockboard market during the forecast period, owing to its low cost and easy availability as compared to hardwood type. However, hardwood type is projected to grow at a higher CAGR than softwood type over the forecast period due in part to its superior properties such as durability and resistance against pests & termites. In terms of application, furniture industry is estimated account for majority share of global blockboard market in 2018; however, interior decoration segment is projected register highest CAGR over next 10 years.
Product Definition:
Blockboard is a manufactured board made from reconstituted wood veneers. It is made of two or more thin layers of veneer, bonded together with an adhesive. The grain in each layer runs perpendicular to the adjacent layer, resulting in a board that is stronger than solid wood and less likely to warp or split.
Softwood Type:
Softwood is generally any tree that has a diameter of less than 6 inches at breast height. Softwood includes coniferous trees such as pine, spruce, and hemlock; deciduous trees such as oak, maple, and beech; and broadleaf evergreens such as larch.
Hardwood Type:
Hardwood type is the part of a tree that remains after logging and before it is processed to make hardwood plywood. The three main types of wood used in furniture are oak, maple, and cherry. Oak wood accounts for the largest share in global hardwood production owing to its high strength and durability among other properties.
Application Insights:
The engineering and construction application segment led the global blockboard market in 2017. The growth can be attributed to the growing use of these products in residential, commercial, and industrial buildings for a variety of applications such as wall lining & insulation, flooring & roofing underlayment, acoustic solutions among others.
Furniture industry is expected to emerge as one of the fastest-growing segments over the forecast period owing to increasing demand from developing countries such as India and China. Growing furniture manufacturing industries across these regions are anticipated to boost product demand over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing investments in developing interior decoration and furniture industry. Moreover, rising disposable income levels are anticipated to fuel the demand for consumer electronics products such as smartphones, laptops, tablets, etc., which will further propel market growth over the next eight years.
The European region accounted for a significant share of global revenue in 2017 owing to high product demand from countries including Germany and France on account of aesthetic appeal and technological advancements associated with smart furniture applications. North America is also likely to witness considerable growth due to growing product adoption across various end-use industries such as engineering & construction; healthcare; hospitality; retail among others. The U.S.
For instance, In January 2018, Steelcase Inc.
Growth Factors:
- Increasing demand from the construction sector for use in interior and exterior applications
- Rising popularity of modular furniture and its growing demand in the market
- Growing trend of using natural materials in construction projects
- Increasing focus on environment-friendly building products
- Proliferation of online retail platforms that offer a wide range of blockboard products at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Blockboard Market Research Report
By Type
Softwood Type, Hardwood Type
By Application
Furniture Industry, Interior Decoration, Engineering and Construction, Others
By Companies
UPM, SVEZA, Georgia-Pacific, Samkotimber, West Fraser, Greenply Industries, Boise Cascade, Rimbunan Hijau, Samling, Syktyvkar plywood mill, UPM, Swanson Group, Potlatch Corporation, Roseburg, Demidovo plywood mill, Columbia Forest Products, Penghong, Xingang, DeHua
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Blockboard Market Report Segments:
The global Blockboard market is segmented on the basis of:
Types
Softwood Type, Hardwood Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Furniture Industry, Interior Decoration, Engineering and Construction, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UPM
- SVEZA
- Georgia-Pacific
- Samkotimber
- West Fraser
- Greenply Industries
- Boise Cascade
- Rimbunan Hijau
- Samling
- Syktyvkar plywood mill
- UPM
- Swanson Group
- Potlatch Corporation
- Roseburg
- Demidovo plywood mill
- Columbia Forest Products
- Penghong
- Xingang
- DeHua
Highlights of The Blockboard Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Softwood Type
- Hardwood Type
- By Application:
- Furniture Industry
- Interior Decoration
- Engineering and Construction
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Blockboard Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Blockboard is a digital platform that helps people connect with each other and share ideas. It's like a social network, but for businesses.
Some of the major players in the blockboard market are UPM, SVEZA, Georgia-Pacific, Samkotimber, West Fraser, Greenply Industries, Boise Cascade, Rimbunan Hijau, Samling, Syktyvkar plywood mill, UPM, Swanson Group, Potlatch Corporation, Roseburg, Demidovo plywood mill, Columbia Forest Products, Penghong, Xingang, DeHua.
The blockboard market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Blockboard Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Blockboard Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Blockboard Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Blockboard Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Blockboard Market Size & Forecast, 2018-2028
4.5.1 Blockboard Market Size and Y-o-Y Growth
4.5.2 Blockboard Market Absolute $ Opportunity
Chapter 5 Global Blockboard Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Blockboard Market Size Forecast by Type
5.2.1 Softwood Type
5.2.2 Hardwood Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Blockboard Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Blockboard Market Size Forecast by Applications
6.2.1 Furniture Industry
6.2.2 Interior Decoration
6.2.3 Engineering and Construction
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Blockboard Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Blockboard Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Blockboard Analysis and Forecast
9.1 Introduction
9.2 North America Blockboard Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Blockboard Market Size Forecast by Type
9.6.1 Softwood Type
9.6.2 Hardwood Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Blockboard Market Size Forecast by Applications
9.10.1 Furniture Industry
9.10.2 Interior Decoration
9.10.3 Engineering and Construction
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Blockboard Analysis and Forecast
10.1 Introduction
10.2 Europe Blockboard Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Blockboard Market Size Forecast by Type
10.6.1 Softwood Type
10.6.2 Hardwood Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Blockboard Market Size Forecast by Applications
10.10.1 Furniture Industry
10.10.2 Interior Decoration
10.10.3 Engineering and Construction
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Blockboard Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Blockboard Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Blockboard Market Size Forecast by Type
11.6.1 Softwood Type
11.6.2 Hardwood Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Blockboard Market Size Forecast by Applications
11.10.1 Furniture Industry
11.10.2 Interior Decoration
11.10.3 Engineering and Construction
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Blockboard Analysis and Forecast
12.1 Introduction
12.2 Latin America Blockboard Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Blockboard Market Size Forecast by Type
12.6.1 Softwood Type
12.6.2 Hardwood Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Blockboard Market Size Forecast by Applications
12.10.1 Furniture Industry
12.10.2 Interior Decoration
12.10.3 Engineering and Construction
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Blockboard Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Blockboard Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Blockboard Market Size Forecast by Type
13.6.1 Softwood Type
13.6.2 Hardwood Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Blockboard Market Size Forecast by Applications
13.10.1 Furniture Industry
13.10.2 Interior Decoration
13.10.3 Engineering and Construction
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Blockboard Market: Competitive Dashboard
14.2 Global Blockboard Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UPM
14.3.2 SVEZA
14.3.3 Georgia-Pacific
14.3.4 Samkotimber
14.3.5 West Fraser
14.3.6 Greenply Industries
14.3.7 Boise Cascade
14.3.8 Rimbunan Hijau
14.3.9 Samling
14.3.10 Syktyvkar plywood mill
14.3.11 UPM
14.3.12 Swanson Group
14.3.13 Potlatch Corporation
14.3.14 Roseburg
14.3.15 Demidovo plywood mill
14.3.16 Columbia Forest Products
14.3.17 Penghong
14.3.18 Xingang
14.3.19 DeHua
