North America Medium-Density Fiberboard Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America medium-density fiberboard market size reached 4.4 Million Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 5.2 Million Cubic Metres by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
Medium-density fiberboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into wood fibers. It is combined by applying high temperature and pressure with resin or wax to form flat panels. It is considered denser than plywood or dimensional lumber. MDF is used in various residential and commercial projects, such as furniture, cabinetry, flooring, industrial packaging, toys and ceiling molding.
The North America medium-density fiberboard market is currently being driven by several factors. A significant growth in the construction and furniture manufacturing sectors has catalyzed the demand for MDF in the region. Moreover, rising environmental concerns among consumers have induced the demand for engineered wood products, such as MDF, thereby, stimulating the market growth. In addition to this, MDF is usually available at a lower price, when compared to other wood products, thus fueling the demand in the region. Furthermore, MDF is convenient in nature as it is easy to paint and mold into different shapes, depending on the needs of a consumer.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America medium-density fiberboard market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and sector.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Commercial
Market by Sector
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America medium-density fiberboard market performed so far and how will it perform in the coming years?
What are the key regions in the North America medium-density fiberboard market?
What has been the impact of COVID-19 on the North America medium-density fiberboard market?
What is the breakup of the North America medium-density fiberboard market on the basis of application?
What is the breakup of the North America medium-density fiberboard market on the basis of sector?
What are the various stages in the value chain of the North America medium-density fiberboard industry?
What are the key driving factors and challenges in the North America medium-density fiberboard industry?
What is the structure of the North America medium-density fiberboard industry and who are the key players?
What is the degree of competition in the North America medium-density fiberboard industry?
What are the profit margins in the North America medium-density fiberboard industry?
The North America medium-density fiberboard market size reached 4.4 Million Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 5.2 Million Cubic Metres by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
Medium-density fiberboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into wood fibers. It is combined by applying high temperature and pressure with resin or wax to form flat panels. It is considered denser than plywood or dimensional lumber. MDF is used in various residential and commercial projects, such as furniture, cabinetry, flooring, industrial packaging, toys and ceiling molding.
The North America medium-density fiberboard market is currently being driven by several factors. A significant growth in the construction and furniture manufacturing sectors has catalyzed the demand for MDF in the region. Moreover, rising environmental concerns among consumers have induced the demand for engineered wood products, such as MDF, thereby, stimulating the market growth. In addition to this, MDF is usually available at a lower price, when compared to other wood products, thus fueling the demand in the region. Furthermore, MDF is convenient in nature as it is easy to paint and mold into different shapes, depending on the needs of a consumer.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America medium-density fiberboard market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and sector.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Commercial
Market by Sector
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America medium-density fiberboard market performed so far and how will it perform in the coming years?
What are the key regions in the North America medium-density fiberboard market?
What has been the impact of COVID-19 on the North America medium-density fiberboard market?
What is the breakup of the North America medium-density fiberboard market on the basis of application?
What is the breakup of the North America medium-density fiberboard market on the basis of sector?
What are the various stages in the value chain of the North America medium-density fiberboard industry?
What are the key driving factors and challenges in the North America medium-density fiberboard industry?
What is the structure of the North America medium-density fiberboard industry and who are the key players?
What is the degree of competition in the North America medium-density fiberboard industry?
What are the profit margins in the North America medium-density fiberboard industry?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL MEDIUM-DENSITY FIBERBOARD MARKET
5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Sector
5.4 Market Breakup by Region
5.5 Market Forecast
6 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY APPLICATION
7.1 Residential
7.2 Commercial
8 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY SECTOR
8.1 New Construction
8.2 Replacement
9 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Application
9.1.3 Market Breakup by Sector
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Application
9.2.3 Market Breakup by Sector
9.2.4 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
11.1 Overview
11.2 Forest Owners
11.3 Sawmills
11.4 MDF Manufacturers
11.5 Distributors and Retailers
11.6 Exporters
11.7 End-Users
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL MEDIUM-DENSITY FIBERBOARD MARKET
5.1 Market Performance
5.2 Market Breakup by Application
5.3 Market Breakup by Sector
5.4 Market Breakup by Region
5.5 Market Forecast
6 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY APPLICATION
7.1 Residential
7.2 Commercial
8 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY SECTOR
8.1 New Construction
8.2 Replacement
9 NORTH AMERICA MEDIUM-DENSITY FIBERBOARD MARKET: BREAKUP BY COUNTRY
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Application
9.1.3 Market Breakup by Sector
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Application
9.2.3 Market Breakup by Sector
9.2.4 Market Forecast
10 SWOT ANALYSIS
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 VALUE CHAIN ANALYSIS
11.1 Overview
11.2 Forest Owners
11.3 Sawmills
11.4 MDF Manufacturers
11.5 Distributors and Retailers
11.6 Exporters
11.7 End-Users
12 PORTER’S FIVE FORCES ANALYSIS
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 PRICE ANALYSIS
14 COMPETITIVE LANDSCAPE
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
LIST OF TABLES
Table 1: North America: Medium-Density Fiberboard Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Medium-Density Fiberboard Market Forecast: Breakup by Application (in Million Cubic Metres), 2023-2028
Table 3: North America: Medium-Density Fiberboard Market Forecast: Breakup by Sector (in Million Cubic Metres), 2023-2028
Table 4: North America: Medium-Density Fiberboard Market Forecast: Breakup by Country (in Million Cubic Metres), 2023-2028
Table 5: North America: Medium-Density Fiberboard Market: Competitive Structure
Table 6: North America: Medium-Density Fiberboard Market: Key Players
Table 1: North America: Medium-Density Fiberboard Market: Key Industry Highlights, 2022 and 2028
Table 2: North America: Medium-Density Fiberboard Market Forecast: Breakup by Application (in Million Cubic Metres), 2023-2028
Table 3: North America: Medium-Density Fiberboard Market Forecast: Breakup by Sector (in Million Cubic Metres), 2023-2028
Table 4: North America: Medium-Density Fiberboard Market Forecast: Breakup by Country (in Million Cubic Metres), 2023-2028
Table 5: North America: Medium-Density Fiberboard Market: Competitive Structure
Table 6: North America: Medium-Density Fiberboard Market: Key Players
LIST OF FIGURES
Figure 1: North America: Medium-Density Fiberboard Market: Major Drivers and Challenges
Figure 2: Global: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 3: Global: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 4: Global: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 5: Global: Medium-Density Fiberboard Market: Breakup by Region (in %), 2022
Figure 6: Global: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 7: North America: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 8: North America: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 9: North America: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 10: North America: Medium-Density Fiberboard (Residential) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 11: North America: Medium-Density Fiberboard (Residential) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 12: North America: Medium-Density Fiberboard (Commercial) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 13: North America: Medium-Density Fiberboard (Commercial) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 14: North America: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 15: North America: Medium-Density Fiberboard (New Construction) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 16: North America: Medium-Density Fiberboard (New Construction) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 17: North America: Medium-Density Fiberboard (Replacement) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 18: North America: Medium-Density Fiberboard (Replacement) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 19: North America: Medium-Density Fiberboard Market: Breakup by Country (in %), 2022
Figure 20: United States: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 21: United States: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 22: United States: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 23: United States: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 24: Canada: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 25: Canada: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 26: Canada: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 27: Canada: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 28: North America: Medium-Density Fiberboard Industry: SWOT Analysis
Figure 29: North America: Medium-Density Fiberboard Industry: Value Chain Analysis
Figure 30: North America: Medium-Density Fiberboard Industry: Porter’s Five Forces Analysis
Figure 1: North America: Medium-Density Fiberboard Market: Major Drivers and Challenges
Figure 2: Global: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 3: Global: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 4: Global: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 5: Global: Medium-Density Fiberboard Market: Breakup by Region (in %), 2022
Figure 6: Global: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 7: North America: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 8: North America: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 9: North America: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 10: North America: Medium-Density Fiberboard (Residential) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 11: North America: Medium-Density Fiberboard (Residential) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 12: North America: Medium-Density Fiberboard (Commercial) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 13: North America: Medium-Density Fiberboard (Commercial) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 14: North America: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 15: North America: Medium-Density Fiberboard (New Construction) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 16: North America: Medium-Density Fiberboard (New Construction) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 17: North America: Medium-Density Fiberboard (Replacement) Market: Volume Trends (in Million Cubic Metres), 2017 & 2022
Figure 18: North America: Medium-Density Fiberboard (Replacement) Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 19: North America: Medium-Density Fiberboard Market: Breakup by Country (in %), 2022
Figure 20: United States: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 21: United States: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 22: United States: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 23: United States: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 24: Canada: Medium-Density Fiberboard Market: Volume Trends (in Million Cubic Metres), 2017-2022
Figure 25: Canada: Medium-Density Fiberboard Market: Breakup by Application (in %), 2022
Figure 26: Canada: Medium-Density Fiberboard Market: Breakup by Sector (in %), 2022
Figure 27: Canada: Medium-Density Fiberboard Market Forecast: Volume Trends (in Million Cubic Metres), 2023-2028
Figure 28: North America: Medium-Density Fiberboard Industry: SWOT Analysis
Figure 29: North America: Medium-Density Fiberboard Industry: Value Chain Analysis
Figure 30: North America: Medium-Density Fiberboard Industry: Porter’s Five Forces Analysis
