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Global Wood-based Panel Market Size study & Forecast, by Product Type (Particleboards, Plywood, Oriented Strand Board, Medium Density Fiberboard, Others) by Application (Construction, Furniture, Packaging, Others), by End User (Residential, Non-residential) and Regional Analysis, 2023-2030

March 2024 | 200 pages | ID: G002A4E925B9EN
Bizwit Research & Consulting LLP

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Global Wood-based Panel Market is valued approximately at USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Wood-based panels are engineered wood products made from wood fibers, particles, or veneers that are bonded together with adhesives under heat and pressure. These panels are versatile and widely used in construction and furniture manufacturing due to their various advantages, such as cost-effectiveness, structural stability, and the ability to utilize wood resources efficiently. Some common types of wood-based panels include plywood, particleboard, medium-density fiberboard (MDF), and oriented strand board (OSB). Moreover, growing furniture manufacturing, rise in building construction and surge in the focus on affordable homes are anticipated to create lucrative demand for the market growth during forecast period 2023-2030.

Additionally, the expansion of construction activities plays a pivotal role in supporting the growth of the wood-based panel market. Growing construction activities lead to a surge in demand for various building materials, including wood-based panels. These panels are commonly used in construction for applications such as flooring, roofing, walls, and structural components. According to Statista, in 2016 the value of construction work done by Hochtief a global provider of construction-related services was USD 25.82 billion and in 2021 the number reached USD 23.15 billion. As a result, rising construction activities is anticipated to create the lucrative demand for the market during forecast period 2023-2030. Moreover, the rise in home remodeling market, and growing urbanization is anticipated to create the lucrative opportunity for the market. However, the fluctuation prices of raw materials, and increase in threat of substitutes stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Wood-based Panel Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the growing construction and real estate development, increasing awareness of environmental sustainability, growing renovation and remodeling activities, and presence of key market players. Whereas, the Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the increasing demand in furniture manufacturing, growing infrastructure development, increasing popularity of engineered wood products, and growing rapid urbanization and construction boom.

Major market player included in this report are:

Dare Panel Group Co., Ltd.

Sonae Arauco

Evergreen Fibreboard Berhad

Egger Holzwerkstoffe GmbH

Louisiana-Pacific Corporation

Weyerhaeuser Company

Kronospan Limited

West Fraser Timber Co., Ltd.

Century Plyboards (India) Limited (Century Prowud)

Georgia Pacific LLC

Recent Developments in the Market:
  • In September 2022, LP Building Solutions has successfully concluded a conversion and expansion initiative, investing a substantial amount, aimed at enhancing the production capabilities of LP SmartSide Trim and Siding products at its facility in New Limerick, Maine.
Global Wood-based Panel Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Product Type, Application, End User, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Particleboards

Plywood

Oriented Strand Board

Medium Density Fiberboard

Others

By Application:

Construction

Furniture

Packaging

Others

By End User:

Residential

Non-residential

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Wood-based Panel Market, by region, 2020-2030 (USD Billion)
  1.2.2. Wood-based Panel Market, by Product Type, 2020-2030 (USD Billion)
  1.2.3. Wood-based Panel Market, by Application, 2020-2030 (USD Billion)
  1.2.4. Wood-based Panel Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL WOOD-BASED PANEL MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL WOOD-BASED PANEL MARKET DYNAMICS

3.1. Wood-based Panel Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growing furniture manufacturing
    3.1.1.2. Rise in building construction
  3.1.2. Market Challenges
    3.1.2.1. Fluctuating prices of raw materials
    3.1.2.2. Threat of substitutes
  3.1.3. Market Opportunities
    3.1.3.1. Growth of the home remodelling market
    3.1.3.2. Growing urbanization

CHAPTER 4. GLOBAL WOOD-BASED PANEL MARKET: INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL WOOD-BASED PANEL MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Wood-based Panel Market by Product Type, Performance - Potential Analysis
5.3. Global Wood-based Panel Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Wood-based Panel Market, Sub Segment Analysis
  5.4.1. Particleboards
  5.4.2. Plywood
  5.4.3. Oriented Strand Board
  5.4.4. Medium Density Fiberboard
  5.4.5. Others

CHAPTER 6. GLOBAL WOOD-BASED PANEL MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global Wood-based Panel Market by Application, Performance - Potential Analysis
6.3. Global Wood-based Panel Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Wood-based Panel Market, Sub Segment Analysis
  6.4.1. Construction
  6.4.2. Furniture
  6.4.3. Packaging
  6.4.4. Others

CHAPTER 7. GLOBAL WOOD-BASED PANEL MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Wood-based Panel Market by End User, Performance - Potential Analysis
7.3. Global Wood-based Panel Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Wood-based Panel Market, Sub Segment Analysis
  7.4.1. Residential
  7.4.2. Non-residential

CHAPTER 8. GLOBAL WOOD-BASED PANEL MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Wood-based Panel Market, Regional Market Snapshot
8.4. North America Wood-based Panel Market
  8.4.1. U.S. Wood-based Panel Market
    8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
    8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Wood-based Panel Market
8.5. Europe Wood-based Panel Market Snapshot
  8.5.1. U.K. Wood-based Panel Market
  8.5.2. Germany Wood-based Panel Market
  8.5.3. France Wood-based Panel Market
  8.5.4. Spain Wood-based Panel Market
  8.5.5. Italy Wood-based Panel Market
  8.5.6. Rest of Europe Wood-based Panel Market
8.6. Asia-Pacific Wood-based Panel Market Snapshot
  8.6.1. China Wood-based Panel Market
  8.6.2. India Wood-based Panel Market
  8.6.3. Japan Wood-based Panel Market
  8.6.4. Australia Wood-based Panel Market
  8.6.5. South Korea Wood-based Panel Market
  8.6.6. Rest of Asia Pacific Wood-based Panel Market
8.7. Latin America Wood-based Panel Market Snapshot
  8.7.1. Brazil Wood-based Panel Market
  8.7.2. Mexico Wood-based Panel Market
8.8. Middle East & Africa Wood-based Panel Market
  8.8.1. Saudi Arabia Wood-based Panel Market
  8.8.2. South Africa Wood-based Panel Market
  8.8.3. Rest of Middle East & Africa Wood-based Panel Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Dare Panel Group Co., Ltd.
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Sonae Arauco
  9.3.3. Evergreen Fibreboard Berhad
  9.3.4. Egger Holzwerkstoffe GmbH
  9.3.5. Louisiana-Pacific Corporation
  9.3.6. Weyerhaeuser Company
  9.3.7. Kronospan Limited
  9.3.8. West Fraser Timber Co., Ltd.
  9.3.9. Century Plyboards (India) Limited (Century Prowud)
  9.3.10. Georgia Pacific LLC

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Wood-based Panel Market, report scope
TABLE 2. Global Wood-based Panel Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Wood-based Panel Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Wood-based Panel Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Wood-based Panel Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Wood-based Panel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Wood-based Panel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Wood-based Panel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Wood-based Panel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Wood-based Panel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Wood-based Panel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Wood-based Panel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Wood-based Panel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Wood-based Panel Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Wood-based Panel Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Wood-based Panel Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Wood-based Panel Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Wood-based Panel Market
TABLE 71. List of primary sources, used in the study of global Wood-based Panel Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Wood-based Panel Market, research methodology
FIG 2. Global Wood-based Panel Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Wood-based Panel Market, key trends 2022
FIG 5. Global Wood-based Panel Market, growth prospects 2023-2030
FIG 6. Global Wood-based Panel Market, porters 5 force model
FIG 7. Global Wood-based Panel Market, pest analysis
FIG 8. Global Wood-based Panel Market, value chain analysis
FIG 9. Global Wood-based Panel Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Wood-based Panel Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Wood-based Panel Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Wood-based Panel Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Wood-based Panel Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Wood-based Panel Market, regional snapshot 2020 & 2030
FIG 15. North America Wood-based Panel Market 2020 & 2030 (USD Billion)
FIG 16. Europe Wood-based Panel Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Wood-based Panel Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Wood-based Panel Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Wood-based Panel Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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