Market Overview:
The global particleboard for furniture 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 furniture across the globe. In addition, factors such as rising disposable income and changing lifestyle preferences are also contributing to the growth of this market. The global particleboard for furniture market is segmented on the basis of type, application, and region. On the basis of type, it is divided into standard particleboard, melamine veneered particleboard, wood veneered particleboard, and plastic veneered particleboard. Standard particleboards are most commonly used in furniture owing to their low cost and durability properties. However, with increasing consumer preference for luxurious looking furniture products; melamine-veneered boards are gaining popularity over standard boards due to their high aesthetic value coupled with good performance characteristics such as water resistance and termite resistance properties .On account of these benefits over traditional materials used in manufacturing wooden furnishings (such as solid wood), plastic-veneered boards are also witnessing an increase in demand from consumers across regions .On basis of application ,the global Particle Board Furniture Market is segmented into chairs ,tables ,sofas beds other segments .
Product Definition:
Particleboard is a manufactured wood product composed of small particles or chips of wood, which are glued together with resin and formed into a sheet. It is usually used as a substitute for solid wood in furniture manufacturing, because it is less expensive and more durable than plywood.
Standard Particleboard:
Particleboard is a form of wood-based composite material, which consists of sawdust and binders added in an appropriate quantity to the basic wood chips or pulp. The particles are bound together with the aid of chemical additives (glues), natural resins, or synthetic resins under pressure. Particleboards find wide application in end-use industries such as construction & furniture owing to their high durability and low cost as compared to conventional hardwood timber products.
Melamine Veneered Particleboard:
Melamine veneered particleboard (MV PB) is a type of wood-based panel that consists of particles sized less than 2.5 mm. It has the appearance and feel of real wood due to its high degree of resemblance with natural timber. Melamine veneered particleboard is used in making furniture, such as dressers, nightstands, chairs, desks; it can also be used for making shelves and panels for wall covering or flooring applications.
Application Insights:
Chair application segment accounted for the largest share in 2016 and is projected to witness significant growth over the forecast period. Growing demand for office furniture, especially in developing countries such as India and China on account of increasing working population is expected to be a key factor driving market growth.
Sofa was the second-largest application segment accounting for 16.9% of total revenue share in 2016 owing to growing demand from residential sector coupled with high consumer spending capacity. The product has gained popularity among consumers due to its cost-effectiveness along with better aesthetics when compared with other wood products such as solid wood or plywood; this trend is expected continue over the forecast period thereby propelling industry growth during future years too.
Regional Analysis:
Asia Pacific dominated the global particleboard for furniture market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing product demand from developing countries such as China, India, and Japan. In addition, rising disposable income coupled with growing consumer awareness regarding sustainable products will drive the regional market further.
The Asia Pacific particleboard for furniture industry is highly competitive owing to presence of numerous manufacturers in Taiwan, China, South Korea, Indonesia among other Southeast Asian countries. These players are focusing on capacity expansion so that they can meet growing demand from residential as well as commercial applications across this region. For instance; In January 2017; SBM Corporation (Taiwan) Inc., one of Taiwan’s major particleboard producers announced about investing USD X million over a period of three years for expanding its production capacity by 50%.
Europe was estimated at USD X million in 2016.
Growth Factors:
- Increasing demand for particleboard furniture from the residential sector due to its low cost and durability.
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for high-quality furniture products.
- Proliferation of online retail channels, which is aiding the growth of the particleboard furniture market by providing a convenient shopping experience to consumers.
- Growing popularity of DIY (Do It Yourself) projects among homeowners, who are increasingly opting for particleboard furniture as it is easy to assemble and does not require any specialized skills or tools.
Scope Of The Report
Report Attributes
Report Details
Report Title
Particleboard for Furniture Market Research Report
By Type
Standard Particleboard, Melamine Veneered Particleboard, Wood Veneered Particleboard, Plastic Veneered Particleboard
By Application
Chair, Table, Sofa, Bed, Other
By Companies
Kronospan, Arauco, Daiken New Zealand, Duratex, Georgia-Pacific, Masisa, Swiss Krono Group, Norbord, Louisiana-Pacific, Weyerhaeuser, Egger, Sonae Industria, Pfleiderer, Kastamonu Entegre, Swedspan, Langboard, Finsa, Tolko, Arbec, West Fraser, Sahachai Particle Board, Roseburg
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Particleboard for Furniture Market Report Segments:
The global Particleboard for Furniture market is segmented on the basis of:
Types
Standard Particleboard, Melamine Veneered Particleboard, Wood Veneered Particleboard, Plastic Veneered Particleboard
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
Chair, Table, Sofa, Bed, 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:
- Kronospan
- Arauco
- Daiken New Zealand
- Duratex
- Georgia-Pacific
- Masisa
- Swiss Krono Group
- Norbord
- Louisiana-Pacific
- Weyerhaeuser
- Egger
- Sonae Industria
- Pfleiderer
- Kastamonu Entegre
- Swedspan
- Langboard
- Finsa
- Tolko
- Arbec
- West Fraser
- Sahachai Particle Board
- Roseburg
Highlights of The Particleboard for Furniture 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:
- Standard Particleboard
- Melamine Veneered Particleboard
- Wood Veneered Particleboard
- Plastic Veneered Particleboard
- By Application:
- Chair
- Table
- Sofa
- Bed
- 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 Particleboard for Furniture 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?
Particleboard is a type of wood product that is made from small, thin pieces of wood that are glued together. Particleboard is often used to make furniture because it is inexpensive and easy to work with.
Some of the major companies in the particleboard for furniture market are Kronospan, Arauco, Daiken New Zealand, Duratex, Georgia-Pacific, Masisa, Swiss Krono Group, Norbord, Louisiana-Pacific, Weyerhaeuser, Egger, Sonae Industria, Pfleiderer, Kastamonu Entegre, Swedspan, Langboard, Finsa, Tolko, Arbec, West Fraser, Sahachai Particle Board, Roseburg.
The particleboard for furniture market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Particleboard for Furniture 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. Particleboard for Furniture Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Particleboard for Furniture Market - Supply Chain
4.5. Global Particleboard for Furniture Market Forecast
4.5.1. Particleboard for Furniture Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Particleboard for Furniture Market Size (000 Units) and Y-o-Y Growth
4.5.3. Particleboard for Furniture Market Absolute $ Opportunity
5. Global Particleboard for Furniture 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. Particleboard for Furniture Market Size and Volume Forecast by Type
5.3.1. Standard Particleboard
5.3.2. Melamine Veneered Particleboard
5.3.3. Wood Veneered Particleboard
5.3.4. Plastic Veneered Particleboard
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Particleboard for Furniture 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. Particleboard for Furniture Market Size and Volume Forecast by Application
6.3.1. Chair
6.3.2. Table
6.3.3. Sofa
6.3.4. Bed
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Particleboard for Furniture 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. Particleboard for Furniture 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 Particleboard for Furniture 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. Particleboard for Furniture 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 Particleboard for Furniture Demand Share Forecast, 2019-2026
9. North America Particleboard for Furniture 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 Particleboard for Furniture 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 Particleboard for Furniture Market Size and Volume Forecast by Application
9.4.1. Chair
9.4.2. Table
9.4.3. Sofa
9.4.4. Bed
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Particleboard for Furniture Market Size and Volume Forecast by Type
9.7.1. Standard Particleboard
9.7.2. Melamine Veneered Particleboard
9.7.3. Wood Veneered Particleboard
9.7.4. Plastic Veneered Particleboard
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 Particleboard for Furniture Demand Share Forecast, 2019-2026
10. Latin America Particleboard for Furniture 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 Particleboard for Furniture 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 Particleboard for Furniture Market Size and Volume Forecast by Application
10.4.1. Chair
10.4.2. Table
10.4.3. Sofa
10.4.4. Bed
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Particleboard for Furniture Market Size and Volume Forecast by Type
10.7.1. Standard Particleboard
10.7.2. Melamine Veneered Particleboard
10.7.3. Wood Veneered Particleboard
10.7.4. Plastic Veneered Particleboard
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 Particleboard for Furniture Demand Share Forecast, 2019-2026
11. Europe Particleboard for Furniture 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 Particleboard for Furniture 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 Particleboard for Furniture Market Size and Volume Forecast by Application
11.4.1. Chair
11.4.2. Table
11.4.3. Sofa
11.4.4. Bed
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Particleboard for Furniture Market Size and Volume Forecast by Type
11.7.1. Standard Particleboard
11.7.2. Melamine Veneered Particleboard
11.7.3. Wood Veneered Particleboard
11.7.4. Plastic Veneered Particleboard
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/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 Particleboard for Furniture Demand Share, 2019-2026
12. Asia Pacific Particleboard for Furniture 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 Particleboard for Furniture 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 Particleboard for Furniture Market Size and Volume Forecast by Application
12.4.1. Chair
12.4.2. Table
12.4.3. Sofa
12.4.4. Bed
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Particleboard for Furniture Market Size and Volume Forecast by Type
12.7.1. Standard Particleboard
12.7.2. Melamine Veneered Particleboard
12.7.3. Wood Veneered Particleboard
12.7.4. Plastic Veneered Particleboard
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 Particleboard for Furniture Demand Share, 2019-2026
13. Middle East & Africa Particleboard for Furniture 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 Particleboard for Furniture 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 Particleboard for Furniture Market Size and Volume Forecast by Application
13.4.1. Chair
13.4.2. Table
13.4.3. Sofa
13.4.4. Bed
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Particleboard for Furniture Market Size and Volume Forecast by Type
13.7.1. Standard Particleboard
13.7.2. Melamine Veneered Particleboard
13.7.3. Wood Veneered Particleboard
13.7.4. Plastic Veneered Particleboard
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 Particleboard for Furniture Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Particleboard for Furniture Market: Market Share Analysis
14.2. Particleboard for Furniture Distributors and Customers
14.3. Particleboard for Furniture Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kronospan
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arauco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Daiken New Zealand
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Duratex
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Georgia-Pacific
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Masisa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Swiss Krono Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Norbord
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Louisiana-Pacific
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Weyerhaeuser
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Egger
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sonae Industria
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Pfleiderer
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kastamonu Entegre
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Swedspan
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Langboard
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Finsa
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Tolko
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Arbec
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. West Fraser
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
