Market Overview:
The global medium and high density fibreboards market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for furniture, laminate flooring, packing and other applications from various end-use industries. In terms of type, first class medium and high density fibreboards are expected to dominate the market during the forecast period owing to their superior properties as compared to second class and other types of boards. In terms of application, furniture is expected to be the largest segment due its growing demand across residential as well as commercial spaces.
Product Definition:
Medium and high density fibreboards are types of engineered wood used in construction and furniture making. They are made by bonding small pieces of wood together with adhesives, then pressing the wood under heat and pressure. Medium density fibreboard is made from softwoods, while high density fibreboard is made from hardwoods. Both have a higher strength-to-weight ratio than solid lumber, making them ideal for use in structural applications such as flooring, roofing, and paneling. They can also be used for furniture components such as drawer boxes and cabinet backs.
First Class:
First Class is the highest quality passenger travel class. It has a set of rules and regulations that apply to all airlines irrespective of the size, type or route. The major advantage for passengers in this class is that they get priority boarding and have access to better facilities such as free WIFI, personal entertainment system, legroom etc.
Second Class:
Second class is the part of the tree that remains on the forest floor after felling and before clearfelling. It is made up of small branches and needles. Second-class timber has a higher value than first-class timber as it contains more heartwood.
Application Insights:
Furniture application led the global medium and high density fibreboard market with a revenue share of more than 40% in 2017. Medium and high density fibreboards are widely used for making furniture owing to their durability, aesthetic appeal, cost-effectiveness along with easy assembly. These products can be easily painted or stained to match the interior design of a building. As a result, they find extensive usage in residential applications such as shelves & dressers, kitchen cabinets etcetera.
The laminate flooring segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 due to its increasing use in commercial buildings including shopping malls.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing product demand in countries, such as China and India. In 2016, India was one of the largest consumers of medium and high density fibreboards owing to growing construction sector in this country. Moreover, rising disposable income coupled with expanding residential sector will drive industry expansion over the next eight years.
Europe is anticipated to witness significant growth during the forecast period on account of rapid development in Eastern European countries including Russia and Poland.
Growth Factors:
- Increasing demand from construction and furniture industries: The global medium and high density fibreboards market is projected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the construction and furniture industries.
- Rising disposable income in developing countries: The growth of the medium and high density fibreboards market is also driven by the rising disposable income in developing countries, which has led to an increase in consumer spending on home improvement projects.
- Technological advancements: Medium and high density fibreboard manufacturers are focusing on technological advancements such as introducing new products with enhanced performance characteristics to cater to the growing needs of consumers. This is expected to boost market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium and High Density Fibreboards Market Research Report
By Type
First Class, Second Class, Others
By Application
Furniture, Laminate Flooring, Packing, Others
By Companies
Kronospan, Clarion Boards, Belarusian Forest Company, Formations, Panel Processing, Wanhua, Kronospan
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Medium and High Density Fibreboards Market Report Segments:
The global Medium and High Density Fibreboards market is segmented on the basis of:
Types
First Class, Second Class, Others
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, Laminate Flooring, Packing, 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:
- Kronospan
- Clarion Boards
- Belarusian Forest Company
- Formations
- Panel Processing
- Wanhua
- Kronospan
Highlights of The Medium and High Density Fibreboards 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:
- First Class
- Second Class
- Others
- By Application:
- Furniture
- Laminate Flooring
- Packing
- 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 Medium and High Density Fibreboards 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?
Medium density fibreboard (MDF) is a type of plywood made from medium-gauge wood fibres that have been bonded together with a resin. MDF is less expensive and more easily available than high density fibreboard (HDF), which is made from long, thin strands of wood fibres that are bound together with a resin.
Some of the major companies in the medium and high density fibreboards market are Kronospan, Clarion Boards, Belarusian Forest Company, Formations, Panel Processing, Wanhua, Kronospan.
The medium and high density fibreboards 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 Medium and High Density Fibreboards 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 Medium and High Density Fibreboards Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medium and High Density Fibreboards 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 Medium and High Density Fibreboards 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 Medium and High Density Fibreboards Market Size & Forecast, 2020-2028
4.5.1 Medium and High Density Fibreboards Market Size and Y-o-Y Growth
4.5.2 Medium and High Density Fibreboards Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 First Class
5.2.2 Second Class
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Furniture
6.2.2 Laminate Flooring
6.2.3 Packing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medium and High Density Fibreboards 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 Medium and High Density Fibreboards 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 First Class
9.6.2 Second Class
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Furniture
9.10.2 Laminate Flooring
9.10.3 Packing
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 First Class
10.6.2 Second Class
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Furniture
10.10.2 Laminate Flooring
10.10.3 Packing
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 First Class
11.6.2 Second Class
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Furniture
11.10.2 Laminate Flooring
11.10.3 Packing
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 First Class
12.6.2 Second Class
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Furniture
12.10.2 Laminate Flooring
12.10.3 Packing
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 First Class
13.6.2 Second Class
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Furniture
13.10.2 Laminate Flooring
13.10.3 Packing
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 Medium and High Density Fibreboards Market: Competitive Dashboard
14.2 Global Medium and High Density Fibreboards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kronospan
14.3.2 Clarion Boards
14.3.3 Belarusian Forest Company
14.3.4 Formations
14.3.5 Panel Processing
14.3.6 Wanhua
14.3.7 Kronospan
