Market Overview:
The global solid wood panels 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 solid wood panels from residential and commercial applications. In terms of type, the market is segmented into single layer, three layer and five layer segments. Among these, the three-layer segment is expected to witness highest growth during the forecast period owing to its properties such as high strength-to-weight ratio and dimensional stability. In terms of application, the residential segment is expected to hold major share in terms of revenue in 2018 followed by commercial application.
Product Definition:
Solid wood panels are large, flat pieces of wood that have been cut from a tree trunk and then flattened. They are used in construction to create walls, floors, and ceilings. Solid wood panels offer many benefits over other building materials. They are strong and durable, they insulate well, and they can be stained or painted to match any decor.
Single Layer:
Single layer wood panels are manufactured by applying a single thickness of veneer on a plywood backing. The product is available in various sizes and can be utilized for interior or exterior applications. Single layer wood panels offer high strength, rigidity, and dimensional stability to the structure they are applied to.
The growth factor for solid wood panel products has been driven by rising demand from the residential construction sector across the globe over the past few years.
Three Layer:
Three layer panels are solid wood core sandwiched between two thin layers of veneer. The three-layer panel construction offers a better strength to weight ratio, less moisture absorption, and greater stability when compared with single-layer or double-layer constructions of the same material.
The three layer panels are used in many applications such as bed frames, dressers, cabinets and other furniture products due to their excellent strength properties.
Application Insights:
The residential application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to increasing demand for houses with aesthetic designs and superior quality construction materials, such as solid wood panels. Moreover, rising preference for single-family housing is expected to boost product demand over the forecast period.
Commercial applications are anticipated to witness a CAGR of XX% from 2018 to 2030 owing to growing construction activities in hotels and restaurants across the globe.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from residential and commercial applications. China, India, Japan, South Korea are some of the largest markets for solid wood panels in Asia Pacific. Increasing construction activities coupled with growing population in these countries is expected to drive product demand further.
Europe was valued at USD X million in 2017 owing to high consumption from Germany, Italy, France and U.K., among other Eastern European countries as well as North America and Middle East Africa Countries (MEA). In Europe; single-layer type dominates while five-layer type accounts for majority share across all types of panels across different applications such as residential & non-residential buildings including hotels/restaurants/shops etc.). However five layer panel has higher application scope compared to single layer panel due its better heat resistance properties (lower thermal conductivity).
Growth Factors:
- Increasing demand from the construction industry for solid wood panels as a substitute for other materials such as metal and plastic in order to achieve a natural look and feel.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for high-quality furniture products made from solid wood panels.
- Growing popularity of DIY (Do It Yourself) projects among homeowners, who are using solid wood panels to build furniture and other home décor items themselves.
- Proliferation of online retail channels, which is making it easier for consumers to purchase high-quality solid wood panel products at competitive prices.
- Technological advancements that are making it possible to produce thinner and lighter weight panels without compromising on strength or durability, thus opening up new opportunities for the market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Wood Panels Market Research Report
By Type
Single Layer, Three Layer, Five Layer
By Application
Residential, Commercial
By Companies
Binderholz, Decospan, Sonae Arauco, Gustafs, Admonter, Plexwood, Europlac, Dinesen
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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Solid Wood Panels Market Report Segments:
The global Solid Wood Panels market is segmented on the basis of:
Types
Single Layer, Three Layer, Five Layer
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
Residential, Commercial
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:
- Binderholz
- Decospan
- Sonae Arauco
- Gustafs
- Admonter
- Plexwood
- Europlac
- Dinesen
Highlights of The Solid Wood Panels 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:
- Single Layer
- Three Layer
- Five Layer
- By Application:
- Residential
- Commercial
- 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 Solid Wood Panels 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?
Solid wood panels are made from a single piece of wood that has been cut into panels. These panels are then glued together and finished with a finish.
Some of the major companies in the solid wood panels market are Binderholz, Decospan, Sonae Arauco, Gustafs, Admonter, Plexwood, Europlac, Dinesen.
The solid wood panels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solid Wood Panels 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 Solid Wood Panels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solid Wood Panels 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 Solid Wood Panels 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 Solid Wood Panels Market Size & Forecast, 2020-2028
4.5.1 Solid Wood Panels Market Size and Y-o-Y Growth
4.5.2 Solid Wood Panels 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 Single Layer
5.2.2 Three Layer
5.2.3 Five Layer
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 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid Wood Panels 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 Solid Wood Panels 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 Single Layer
9.6.2 Three Layer
9.6.3 Five Layer
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 Residential
9.10.2 Commercial
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 Single Layer
10.6.2 Three Layer
10.6.3 Five Layer
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 Residential
10.10.2 Commercial
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 Single Layer
11.6.2 Three Layer
11.6.3 Five Layer
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 Residential
11.10.2 Commercial
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 Single Layer
12.6.2 Three Layer
12.6.3 Five Layer
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 Residential
12.10.2 Commercial
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 Single Layer
13.6.2 Three Layer
13.6.3 Five Layer
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 Residential
13.10.2 Commercial
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 Solid Wood Panels Market: Competitive Dashboard
14.2 Global Solid Wood Panels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Binderholz
14.3.2 Decospan
14.3.3 Sonae Arauco
14.3.4 Gustafs
14.3.5 Admonter
14.3.6 Plexwood
14.3.7 Europlac
14.3.8 Dinesen
