Market Overview:
The global wood-based panel boards 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 wood-based panels from the furniture, construction, and flooring applications. In terms of type, plywoods are expected to hold the largest share in the global wood-based panel boards market during the forecast period. This can be attributed to their high strength and durability as compared to other types of wood-based panels such as particleboards and oriented strand board (OSB). Asia Pacific is expected to be the fastest growing region in terms of CAGR during the forecast period owing to rapid industrialization and urbanization in countries such as China and India.
Product Definition:
Wood-based panel boards are panels that are made out of wood. They can be used for a variety of purposes, including construction, furniture-making, and other applications. Wood-based panel boards are important because they provide an affordable and sustainable building material that can be used for a variety of purposes.
Plywoods:
Plywood is a term used for the layer of veneers or wood that is produced by processing multiple thin layers of wood through a press. The process produces flat surfaces with the grain running in the same direction and can be utilized to produce panels, doors, and other items. It has high durability as compared to engineered wood products; however, it has low durability as compared to solid timber construction (STC).
Particleboards:
Particleboards are manufactured from wood waste, sawdust and recycled paper. Particleboard is the largest type of wood-based panel board produced by mechanical separation of particles. It has a wide range of applications such as furniture, flooring, construction and packaging industries.
Application Insights:
The application segment includes furniture, construction, flooring and others. The wood-based panel boards market is categorized on the basis of application as furniture, construction and flooring. The construction segment dominated the overall industry in terms of revenue in 2017 owing to increasing demand for residential and commercial buildings across the globe. Increasing urbanization along with rising disposable income levels has resulted in a significant increase in building & construction activities globally over the past few years. This trend is expected to continue over the forecast period thus driving growth for this product category within this sector over next eight years or so.
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 rapid industrialization, rising disposable income, and growing construction industry. China is projected to remain a key consumer as it accounts for a major share of global production.
The European market was valued at USD X million in 2017 owing to high demand from several end-use industries such as furniture & household appliances; building & construction; flooring; packaging & printing etc., which are experiencing growth due to increasing population and improving economic conditions across countries such as Germany, Italy, France and U.K.
North America accounted for 20% of the overall revenue share in 2017 on account of high consumption levels from countries including U.S.
Growth Factors:
- Increasing demand from the construction industry for wood-based panel boards as a substitute for traditional building materials such as concrete and steel is expected to drive the market growth.
- Rising disposable income of consumers coupled with changing lifestyle trends is anticipated to boost the demand for wood-based panel boards in furniture and interior decoration applications.
- Growing use of engineered wood products in various end-use industries such as automotive, transportation, and packaging is projected to propel the market growth over the forecast period.
- Technological advancements in manufacturing processes of wood-based panels are likely to provide new opportunities for market players over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wood-based Panel Boards Market Research Report
By Type
Plywoods, Particleboards, Oriented Strand Board (OSB), Fibre Building Boards
By Application
Furniture, Construction, Flooring, Others
By Companies
Kronospan, Arauco, Daiken New Zealand, Duratex, Georgia-Pacific, Masisa, Swiss Krono Group, Norbord, Louisiana-Pacific, Weyerhaeuser, Egger, Sonae Industria, Pfleiderer
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wood-based Panel Boards Market Report Segments:
The global Wood-based Panel Boards market is segmented on the basis of:
Types
Plywoods, Particleboards, Oriented Strand Board (OSB), Fibre Building Boards
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, Construction, Flooring, 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
- Arauco
- Daiken New Zealand
- Duratex
- Georgia-Pacific
- Masisa
- Swiss Krono Group
- Norbord
- Louisiana-Pacific
- Weyerhaeuser
- Egger
- Sonae Industria
- Pfleiderer
Highlights of The Wood-based Panel Boards 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:
- Plywoods
- Particleboards
- Oriented Strand Board (OSB)
- Fibre Building Boards
- By Application:
- Furniture
- Construction
- Flooring
- 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 Wood-based Panel Boards 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?
Wood-based panel boards are made of wood that has been treated with a sealant or coating to make it resistant to moisture and weathering.
Some of the major players in the wood-based panel boards market are Kronospan, Arauco, Daiken New Zealand, Duratex, Georgia-Pacific, Masisa, Swiss Krono Group, Norbord, Louisiana-Pacific, Weyerhaeuser, Egger, Sonae Industria, Pfleiderer.
The wood-based panel boards 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 Wood-based Panel Boards 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 Wood-based Panel Boards Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wood-based Panel Boards 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 Wood-based Panel Boards 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 Wood-based Panel Boards Market Size & Forecast, 2020-2028 4.5.1 Wood-based Panel Boards Market Size and Y-o-Y Growth 4.5.2 Wood-based Panel Boards 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 Plywoods
5.2.2 Particleboards
5.2.3 Oriented Strand Board (OSB)
5.2.4 Fibre Building Boards
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 Construction
6.2.3 Flooring
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wood-based Panel Boards 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 Wood-based Panel Boards 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 Plywoods
9.6.2 Particleboards
9.6.3 Oriented Strand Board (OSB)
9.6.4 Fibre Building Boards
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 Construction
9.10.3 Flooring
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 Plywoods
10.6.2 Particleboards
10.6.3 Oriented Strand Board (OSB)
10.6.4 Fibre Building Boards
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 Construction
10.10.3 Flooring
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 Plywoods
11.6.2 Particleboards
11.6.3 Oriented Strand Board (OSB)
11.6.4 Fibre Building Boards
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 Construction
11.10.3 Flooring
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 Plywoods
12.6.2 Particleboards
12.6.3 Oriented Strand Board (OSB)
12.6.4 Fibre Building Boards
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 Construction
12.10.3 Flooring
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 Plywoods
13.6.2 Particleboards
13.6.3 Oriented Strand Board (OSB)
13.6.4 Fibre Building Boards
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 Construction
13.10.3 Flooring
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 Wood-based Panel Boards Market: Competitive Dashboard
14.2 Global Wood-based Panel Boards Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kronospan
14.3.2 Arauco
14.3.3 Daiken New Zealand
14.3.4 Duratex
14.3.5 Georgia-Pacific
14.3.6 Masisa
14.3.7 Swiss Krono Group
14.3.8 Norbord
14.3.9 Louisiana-Pacific
14.3.10 Weyerhaeuser
14.3.11 Egger
14.3.12 Sonae Industria
14.3.13 Pfleiderer