Market Overview:
The global TFL panel 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 TFL panels from furniture, interior decoration, and store fixtures applications. In terms of type, the woodgrain segment is expected to lead the global TFL panel market during the forecast period. This can be attributed to its properties such as durability and resistance to scratches and fading. In terms of region, North America is expected to lead the global TFL panel market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
The TFL Panel is a crucial part of the aircraft as it helps in the control of the aircraft. It is located on the side of the fuselage and helps to provide lift and stability to the aircraft.
Woodgrain:
Woodgrain is a natural finish that is applied to the face of the timber during its manufacturing process. It gives a finished look to the product and also helps in improving its durability. The grain pattern of wood can be seen on both sides, but it’s usually visible on the reverse side due to wear & tear. Woodgrain patterns are generally straight grained or sometimes irregularly grained depending upon species of trees used for processing.
Marble:
marble is a sedimentary rock, composed of calcium carbonate. The marble used in TFL panel market is white in color and consists of veins of other colors such as red, blue, yellow and green. It has the ability to be cut into blocks or slabs which are widely used by builders & construction companies for making flooring tiles look elegant & expensive along with providing an easy installation process on any surface.
Application Insights:
The furniture application segment led the global TFL panel market in 2017. The growth of this segment can be attributed to the increasing demand for luxury furniture with an aesthetic appeal. Increasing disposable income levels and changing lifestyle have created a positive impact on the furniture industry, thereby driving product demand globally.
TFL panels are widely used in interior decoration applications owing to their ability to create various designs and patterns without requiring additional accessories or fittings. They are also used in store fixtures such as shelves, coat hooks, etc., which is expected to drive their consumption over the forecast period. Other prominent applications include architectural features such as cladding systems for commercial buildings and industrial facilities, signage systems for highways & roadways (including overhead signs), advertising boards/billboards along with other ancillary equipment required by a building or infrastructure (such as lighting columns).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the regional market can be attributed to rising product demand from furniture, store fixtures and others application segments in emerging economies such as China, India, Indonesia, Vietnam and Thailand.
The growing construction industry coupled with increasing foreign investments coupled with rising consumer disposable income levels are some of the factors that are projected to drive product demand over the forecast period. In addition, favorable government policies regarding trade Facilitation Agreements (TFA) between various countries is likely to boost cross-border trade activities which will further propel panel shipments across regions.
North America emerged as a prominent regional market for TFL panels owing to high acceptance rates for woodgrain panels among consumers in U.S., Canada & Mexico on account of high aesthetic appeal compared to other materials used for interior decoration purposes such as solid color or marble ones.
Growth Factors:
- Increasing demand from the automotive industry for lightweight and fuel-efficient vehicles.
- Growing popularity of electric and hybrid vehicles, which require lighter weight components for improved performance.
- Rising demand from the construction industry for lightweight building materials that can reduce energy consumption and greenhouse gas emissions.
- Increasing use of TFL panels in furniture manufacturing to create sleek, modern designs with reduced weight and improved durability.
Scope Of The Report
Report Attributes
Report Details
Report Title
TFL Panel Market Research Report
By Type
Woodgrain, Marble, Solid Color, Others
By Application
Furniture, Interior Decoration, Store Fixtures, Others
By Companies
Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industria, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, Wilsonart, Dongwha Malaysia, Funder America, Specialty Laminates, Purbanchal Laminates
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global TFL Panel Market Report Segments:
The global TFL Panel market is segmented on the basis of:
Types
Woodgrain, Marble, Solid Color, 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, Interior Decoration, Store Fixtures, 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 M&P Kaindl
- TEEHOME
- Swiss Krono Group
- Roseburg
- Arauco
- Sonae Industria
- DareGlobal Wood
- Egger
- Panel Processing
- Fuxiang
- Shengguo Tree
- MJB Wood Group
- AICA Kogyo
- Panolam Industries International
- Uniboard
- Wilsonart
- Dongwha Malaysia
- Funder America
- Specialty Laminates
- Purbanchal Laminates
Highlights of The TFL Panel 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:
- Woodgrain
- Marble
- Solid Color
- Others
- By Application:
- Furniture
- Interior Decoration
- Store Fixtures
- 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 TFL Panel 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?
TFL Panel is a panel that measures the time it takes for a user to complete a task.
Some of the key players operating in the tfl panel market are Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industria, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, Wilsonart, Dongwha Malaysia, Funder America, Specialty Laminates, Purbanchal Laminates.
The tfl panel 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 TFL Panel 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 TFL Panel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 TFL Panel 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 TFL Panel 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 TFL Panel Market Size & Forecast, 2018-2028
4.5.1 TFL Panel Market Size and Y-o-Y Growth
4.5.2 TFL Panel Market Absolute $ Opportunity
Chapter 5 Global TFL Panel 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 TFL Panel Market Size Forecast by Type
5.2.1 Woodgrain
5.2.2 Marble
5.2.3 Solid Color
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global TFL Panel 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 TFL Panel Market Size Forecast by Applications
6.2.1 Furniture
6.2.2 Interior Decoration
6.2.3 Store Fixtures
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global TFL Panel 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 TFL Panel 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 TFL Panel Analysis and Forecast
9.1 Introduction
9.2 North America TFL Panel 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 TFL Panel Market Size Forecast by Type
9.6.1 Woodgrain
9.6.2 Marble
9.6.3 Solid Color
9.6.4 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 TFL Panel Market Size Forecast by Applications
9.10.1 Furniture
9.10.2 Interior Decoration
9.10.3 Store Fixtures
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 TFL Panel Analysis and Forecast
10.1 Introduction
10.2 Europe TFL Panel 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 TFL Panel Market Size Forecast by Type
10.6.1 Woodgrain
10.6.2 Marble
10.6.3 Solid Color
10.6.4 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 TFL Panel Market Size Forecast by Applications
10.10.1 Furniture
10.10.2 Interior Decoration
10.10.3 Store Fixtures
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 TFL Panel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific TFL Panel 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 TFL Panel Market Size Forecast by Type
11.6.1 Woodgrain
11.6.2 Marble
11.6.3 Solid Color
11.6.4 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 TFL Panel Market Size Forecast by Applications
11.10.1 Furniture
11.10.2 Interior Decoration
11.10.3 Store Fixtures
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 TFL Panel Analysis and Forecast
12.1 Introduction
12.2 Latin America TFL Panel 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 TFL Panel Market Size Forecast by Type
12.6.1 Woodgrain
12.6.2 Marble
12.6.3 Solid Color
12.6.4 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 TFL Panel Market Size Forecast by Applications
12.10.1 Furniture
12.10.2 Interior Decoration
12.10.3 Store Fixtures
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) TFL Panel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) TFL Panel 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) TFL Panel Market Size Forecast by Type
13.6.1 Woodgrain
13.6.2 Marble
13.6.3 Solid Color
13.6.4 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) TFL Panel Market Size Forecast by Applications
13.10.1 Furniture
13.10.2 Interior Decoration
13.10.3 Store Fixtures
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 TFL Panel Market: Competitive Dashboard
14.2 Global TFL Panel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kronospan M&P Kaindl
14.3.2 TEEHOME
14.3.3 Swiss Krono Group
14.3.4 Roseburg
14.3.5 Arauco
14.3.6 Sonae Industria
14.3.7 DareGlobal Wood
14.3.8 Egger
14.3.9 Panel Processing
14.3.10 Fuxiang
14.3.11 Shengguo Tree
14.3.12 MJB Wood Group
14.3.13 AICA Kogyo
14.3.14 Panolam Industries International
14.3.15 Uniboard
14.3.16 Wilsonart
14.3.17 Dongwha Malaysia
14.3.18 Funder America
14.3.19 Specialty Laminates
14.3.20 Purbanchal Laminates
