Market Overview:
The global MDF board 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 MDF boards from the furniture industry, building materials, interior decoration and other applications. In terms of type, fire-rated MDF is expected to witness higher growth as compared to other types during the forecast period. This can be attributed to increasing demand for fire-rated MDF boards from various end-use industries such as furniture and construction.
Product Definition:
MDF Board is Medium Density Fiberboard, a man-made wood product made from small wood fibers. It is used in furniture, cabinetry and other applications where a strong yet lightweight board is required.
Fire-rated MDF:
Fire-rated MDF is one of the major materials used in manufacturing medium density fiberboard (MDF) and its use has been growing at a steady pace owing to its properties such as high strength, rigidity, dimensional stability, low water absorption and excellent thermal insulation. Fire-rated MDF is widely used in furniture & flooring applications for construction projects of residential homes and commercial buildings.
Moisture Resistant MDF:
The global moisture-resistant MDF (Medium Density Fiberboard) and it's usage in MDF board market is expected to witness significant growth over the forecast period. Moisture resistant MDF or also known as water-resistant MDF is a type of wood fiberboard manufactured using phenolic resins such as melamine formaldehyde. These boards are used for applications where exposure to moisture, high humidity, or damp conditions are anticipated.
Application Insights:
The furniture industry was the largest application segment in 2016 and accounted for over 50.0% of the global market share. The growth of this application segment can be attributed to increasing demand for MDF products in manufacturing cabinets, shelves, closets, etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth in this region is attributed to increasing product demand from furniture industry and construction sector due to rapid urbanization in countries like China and India. In addition, rising disposable income levels are anticipated to fuel the product demand over the forecast period.
North America was valued at USD X million in 2017 owing to high consumption volume of MDF boards across various applications such as interior decoration, building materials, and furniture manufacturing industries. Moreover, growing trend towards green or eco-friendly products will continue driving the market for medium density fiberboard worldwide over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand from the construction and furniture industries for MDF boards as a replacement for traditional materials such as wood and plywood.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for high-quality furniture products.
- Technological advancements that have led to the development of new and innovative MDF board products, such as flame-resistant boards and moisture-resistant boards.
- The increasing popularity of DIY (Do It Yourself) projects among homeowners, which is driving demand for MDF boards as a component material in home improvement projects.
- Growing environmental awareness among consumers, which is leading to an increased preference for sustainable building materials such as MDF boards
Scope Of The Report
Report Attributes
Report Details
Report Title
MDF Board Market Research Report
By Type
Fire-rated MDF, Moisture Resistant MDF, General MDF
By Application
Furniture Industry, Building Materials, Interior Decoration, Other
By Companies
Sonae Industria, kastamonu Entegre, Finsa, Yildiz Entegre, Egger, Pfleiderer, Norbord, Georgia-Pacific Wood Products, Swedspan, Dongwha, Guodong Group, Furen Group, DareGlobal Wood, Quanyou
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global MDF Board Market Report Segments:
The global MDF Board market is segmented on the basis of:
Types
Fire-rated MDF, Moisture Resistant MDF, General MDF
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, Building Materials, Interior Decoration, Other
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:
- Sonae Industria
- kastamonu Entegre
- Finsa
- Yildiz Entegre
- Egger
- Pfleiderer
- Norbord
- Georgia-Pacific Wood Products
- Swedspan
- Dongwha
- Guodong Group
- Furen Group
- DareGlobal Wood
- Quanyou
Highlights of The MDF Board 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:
- Fire-rated MDF
- Moisture Resistant MDF
- General MDF
- By Application:
- Furniture Industry
- Building Materials
- Interior Decoration
- Other
- 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 MDF Board 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?
MDF Board is a type of wood paneling that is made from medium density fiberboard. MDF boards are often used in construction because they are strong and affordable.
Some of the key players operating in the mdf board market are Sonae Industria, kastamonu Entegre, Finsa, Yildiz Entegre, Egger, Pfleiderer, Norbord, Georgia-Pacific Wood Products, Swedspan, Dongwha, Guodong Group, Furen Group, DareGlobal Wood, Quanyou.
The mdf board market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. MDF Board Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. MDF Board Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. MDF Board Market - Supply Chain
4.5. Global MDF Board Market Forecast
4.5.1. MDF Board Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. MDF Board Market Size (000 Units) and Y-o-Y Growth
4.5.3. MDF Board Market Absolute $ Opportunity
5. Global MDF Board Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. MDF Board Market Size and Volume Forecast by Type
5.3.1. Fire-rated MDF
5.3.2. Moisture Resistant MDF
5.3.3. General MDF
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global MDF Board Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. MDF Board Market Size and Volume Forecast by Application
6.3.1. Furniture Industry
6.3.2. Building Materials
6.3.3. Interior Decoration
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global MDF Board Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. MDF Board Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global MDF Board Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. MDF Board Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global MDF Board Demand Share Forecast, 2019-2026
9. North America MDF Board Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America MDF Board Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America MDF Board Market Size and Volume Forecast by Application
9.4.1. Furniture Industry
9.4.2. Building Materials
9.4.3. Interior Decoration
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America MDF Board Market Size and Volume Forecast by Type
9.7.1. Fire-rated MDF
9.7.2. Moisture Resistant MDF
9.7.3. General MDF
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America MDF Board Demand Share Forecast, 2019-2026
10. Latin America MDF Board Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America MDF Board Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America MDF Board Market Size and Volume Forecast by Application
10.4.1. Furniture Industry
10.4.2. Building Materials
10.4.3. Interior Decoration
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America MDF Board Market Size and Volume Forecast by Type
10.7.1. Fire-rated MDF
10.7.2. Moisture Resistant MDF
10.7.3. General MDF
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America MDF Board Demand Share Forecast, 2019-2026
11. Europe MDF Board Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe MDF Board Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe MDF Board Market Size and Volume Forecast by Application
11.4.1. Furniture Industry
11.4.2. Building Materials
11.4.3. Interior Decoration
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe MDF Board Market Size and Volume Forecast by Type
11.7.1. Fire-rated MDF
11.7.2. Moisture Resistant MDF
11.7.3. General MDF
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractivenss/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe MDF Board Demand Share, 2019-2026
12. Asia Pacific MDF Board Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific MDF Board Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific MDF Board Market Size and Volume Forecast by Application
12.4.1. Furniture Industry
12.4.2. Building Materials
12.4.3. Interior Decoration
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific MDF Board Market Size and Volume Forecast by Type
12.7.1. Fire-rated MDF
12.7.2. Moisture Resistant MDF
12.7.3. General MDF
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific MDF Board Demand Share, 2019-2026
13. Middle East & Africa MDF Board Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa MDF Board Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa MDF Board Market Size and Volume Forecast by Application
13.4.1. Furniture Industry
13.4.2. Building Materials
13.4.3. Interior Decoration
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa MDF Board Market Size and Volume Forecast by Type
13.7.1. Fire-rated MDF
13.7.2. Moisture Resistant MDF
13.7.3. General MDF
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa MDF Board Demand Share, 2019-2026
14. Competition Landscape
14.1. Global MDF Board Market: Market Share Analysis
14.2. MDF Board Distributors and Customers
14.3. MDF Board Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Sonae Industria
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. kastamonu Entegre
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Finsa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yildiz Entegre
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Egger
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Pfleiderer
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Norbord
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Georgia-Pacific Wood Products
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Swedspan
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dongwha
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Guodong Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Furen Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DareGlobal Wood
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Quanyou
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
