Global wood based panel market is expected to reach USD 171,637.90 million by 2030 from USD 130,420.52 million in 2022, growing at a CAGR of 3.6% in the forecast period of 2023 to 2030.
Market Segmentation:
Global Wood Based Panel Market, By Product (Plywood, Fiberboard, Oriented Strand Board, Cement-Bonded Particleboard, Lumber Panels, T-Beam Panels, Stress-Skin Panels and Others), Thickness (9 MM, 10 MM, 18 MM, 20 MM, 40 MM, 50 MM and Others), Distribution Channel (B2B, OEMs, Specialty Stores, E-Commerce and Others), Application (Outdoor Door, Window Trim, Ceiling Wall, Mantel, Floor and Others), End-User (Residential Building, Commercial Building, Hotels, Villa, Hospitals, School, Malls, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Hong Kong, Malaysia, Philippines, Australia & New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.
Overview of Global Wood Based Panel Market Dynamics :
- Driver
- Rise in consumer spending on wood-based panels in the renovation of homes and furniture
- Restraint
- Stringent rules and norms by the government regarding deforestation
- Opportunity
- Rise in the investments and initiatives toward construction activities for both commercial and residential usage
Market Players:
Some of the key players operating in the global wood based panel market are:
- EGGER
- Boise Cascade
- West Fraser
- Starbank Panel Products Ltd
- Dongwha Group
- Kronoplus Limited
- BinderHolz GmbH
- DARE panel group Co., Ltd.
- Georgia-Pacific
- ARAUCO
- Canfor
- Sonae Industria
- EVERGREEN FIBREBOARD BERHAD
- Mieco Chipboard Berhad
- Green River Holding Co., Ltd.
- Kastamonu Entegre
- PFEIFER GROUP
- Weyerhaeuser Company
- Timber Products Company
TABLE OF CONTENTS
1 INTRODUCTION 39
- 1.1 OBJECTIVES OF THE STUDY 39
- 1.2 MARKET DEFINITION 39
- 1.3 OVERVIEW OF GLOBAL WOOD BASED PANEL MARKET 39
- 1.4 LIMITATIONS 41
- 1.5 MARKETS COVERED 41
2 MARKET SEGMENTATION 45
- 2.1 MARKETS COVERED 45
- 2.2 GEOGRAPHICAL SCOPE 46
- 2.3 YEARS CONSIDERED FOR THE STUDY 47
- 2.4 CURRENCY AND PRICING 47
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 48
- 2.6 MULTIVARIATE MODELLING 51
- 2.7 DISTRIBUTION CHANNEL LIFELINE CURVE 52
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 53
- 2.9 DBMR MARKET POSITION GRID 54
- 2.10 MARKET APPLICATION COVERAGE GRID 55
- 2.11 DBMR MARKET CHALLENGE MATRIX 56
- 2.12 VENDOR SHARE ANALYSIS 57
- 2.13 SECONDARY SOURCES 58
- 2.14 ASSUMPTIONS 59
3 EXECUTIVE SUMMARY 60
4 PREMIUM INSIGHTS 63
- 4.1 PORTER'S FIVE FORCES: 66
- 4.1.1 THREAT OF NEW ENTRANTS: 66
- 4.1.2 THREAT OF SUBSTITUTES: 66
- 4.1.3 CUSTOMER BARGAINING POWER: 67
- 4.1.4 SUPPLIER BARGAINING POWER: 67
- 4.1.5 INTERNAL COMPETITION (RIVALRY): 67
- 4.2 PESTLE ANALYSIS 68
- 4.2.1 POLITICAL FACTORS 68
- 4.2.2 ECONOMIC FACTORS 69
- 4.2.3 SOCIAL FACTORS 69
- 4.2.4 TECHNOLOGICAL FACTORS 69
- 4.2.5 LEGAL FACTORS 69
- 4.2.6 ENVIRONMENTAL FACTORS 70
- 4.3 IMPORT EXPORT SCENARIO 71
- 4.4 PRICE TREND ANALYSIS 72
- 4.5 RAW MATERIAL PRODUCTION COVERAGE 73
- 4.6 TECHNOLOGICAL ADVANCEMENT BY MANUFACTURERS 74
- 4.7 VENDOR SELECTION CRITERIA 75
5 REGULATION COVERAGE 76
- 5.1 REGULATORY FRAMWORK 76
6 MARKET OVERVIEW 77
- 6.1 DRIVERS 79
- 6.1.1 RISE IN CONSUMER SPENDING ON WOOD-BASED PANELS IN THE RENOVATION OF HOMES AND FURNITURE 79
- 6.1.2 BALANCED IMPORT AND EXPORT PROCEDURES OF WOOD PANELS AMONG THE COUNTRIES 79
- 6.1.3 LOW PRODUCT COST COUPLED WITH SUPERIOR PROPERTIES OF WOOD PANELS, INCLUDING STRENGTH AND DURABILITY 80
- 6.2 RESTRAINTS 81
- 6.2.1 STRINGENT RULES AND NORMS BY THE GOVERNMENT REGARDING DEFORESTATION 81
- 6.2.2 RISE IN CONCERNS OF DUST BY WOOD PANEL USAGE 82
- 6.2.3 FLUCTUATION IN THE PRICES OF WOOD PULP 82
- 6.3 OPPORTUNITIES 83
- 6.3.1 RISE IN THE INVESTMENTS AND INITIATIVES TOWARD CONSTRUCTION ACTIVITIES FOR BOTH COMMERCIAL AND RESIDENTIAL USAGE 83
- 6.3.2 INCREASE IN PARTNERSHIPS FOR THE GROWTH OF THE CONSTRUCTION SECTOR IN EMERGING COUNTRIES 84
- 6.3.3 INCORPORATION OF APA STANDARDS FOR MANUFACTURERS AIDS THE PRODUCT ENTRY INTO THE MARKET 84
- 6.4 CHALLENGES 85
- 6.4.1 SHORTAGE OF TIMBER AND CLIMATE CHANGE 85
- 6.4.2 FLUCTUATION OF RAW MATERIAL PRICES AND SUPPLY CHAIN INCONSISTENCY 85
- 6.4.3 SHORTAGE IN LABOR AND FINANCIAL LOSSES 86
7 GLOBAL WOOD BASED PANEL MARKET, BY REGION 87
- 7.1 OVERVIEW 88
- 7.2 ASIA-PACIFIC 98
- 7.2.1 CHINA 108
- 7.2.2 INDIA 114
- 7.2.3 JAPAN 120
- 7.2.4 SOUTH KOREA 126
- 7.2.5 INDONESIA 132
- 7.2.6 MALAYSIA 138
- 7.2.7 SINGAPORE 144
- 7.2.8 THAILAND 150
- 7.2.9 AUSTRALIA & NEW ZEALAND 156
- 7.2.10 PHILIPPINES 163
- 7.2.11 REST OF ASIA-PACIFIC 169
- 7.3 NORTH AMERICA 170
- 7.3.1 U.S. 180
- 7.3.2 CANADA 186
- 7.3.3 MEXICO 192
- 7.4 EUROPE 198
- 7.4.1 GERMANY 211
- 7.4.2 FRANCE 220
- 7.4.3 U.K. 228
- 7.4.4 TURKEY 236
- 7.4.5 RUSSIA 244
- 7.4.6 ITALY 252
- 7.4.7 SPAIN 260
- 7.4.8 SWITZERLAND 268
- 7.4.9 BELGIUM 276
- 7.4.10 NETHERLANDS 284
- 7.4.11 REST OF EUROPE 292
- 7.5 SOUTH AMERICA 293
- 7.5.1 BRAZIL 303
- 7.5.2 ARGENTINA 309
- 7.5.3 REST OF SOUTH AMERICA 315
- 7.6 MIDDLE EAST AND AFRICA 316
- 7.6.1 SAUDI ARABIA 326
- 7.6.2 U.A.E. 332
- 7.6.3 SOUTH AFRICA 338
- 7.6.4 EGYPT 344
- 7.6.5 ISRAEL 350
- 7.6.6 REST OF MIDDLE EAST AND AFRICA 356
8 GLOBAL WOOD BASED PANEL MARKET: COMPANY LANDSCAPE 357
- 8.1 COMPANY SHARE ANALYSIS: GLOBAL 357
- 8.2 COMPANY SHARE ANALYSIS: EUROPE 358
- 8.3 COMPANY SHARE ANALYSIS: NORTH AMERICA 359
- 8.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 360
9 SWOT ANALYSIS 361
10 COMPANY SHARE ANALYSIS 362
- 10.1 EGGER 362
- 10.1.1 COMPANY SNAPSHOT 362
- 10.1.2 COMPANY SHARE ANALYSIS 362
- 10.1.3 PRODUCT PORTFOLIO 363
- 10.1.4 RECENT DEVELOPMENTS 363
- 10.2 WEYERHAEUSER COMPANY 364
- 10.2.1 COMPANY SNAPSHOT 364
- 10.2.2 REVENUE ANALYSIS 364
- 10.2.3 COMPANY SHARE ANALYSIS 365
- 10.2.4 PRODUCT PORTFOLIO 365
- 10.2.5 RECENT DEVELOPMENT 366
- 10.3 CANFOR 367
- 10.3.1 COMPANY SNAPSHOT 367
- 10.3.2 REVENUE ANALYSIS 367
- 10.3.3 COMPANY SHARE ANALYSIS 368
- 10.3.4 PRODUCT PORTFOLIO 368
- 10.3.5 RECENT DEVELOPMENT 368
- 10.4 ARAUCO 369
- 10.4.1 COMPANY SNAPSHOT 369
- 10.4.2 REVENUE ANALYSIS 369
- 10.4.3 COMPANY SHARE ANALYSIS 370
- 10.4.4 PRODUCT PORTFOLIO 370
- 10.4.5 RECENT DEVELOPMENTS 371
- 10.5 BINDERHOLZ GMBH 372
- 10.5.1 COMPANY SNAPSHOT 372
- 10.5.2 COMPANY SHARE ANALYSIS 372
- 10.5.3 PRODUCT PORTFOLIO 373
- 10.5.4 RECENT DEVELOPMENTS 373
- 10.6 BOISE CASCADE 374
- 10.6.1 COMPANY SNAPSHOT 374
- 10.6.2 REVENUE ANALYSIS 375
- 10.6.3 PRODUCT PORTFOLIO 375
- 10.6.4 RECENT DEVELOPMENTS 376
- 10.7 DARE PANEL GROUP CO., LTD. 377
- 10.7.1 COMPANY SNAPSHOT 377
- 10.7.2 PRODUCT PORTFOLIO 377
- 10.7.3 RECENT DEVELOPMENTS 378
- 10.8 DONGWHA GROUP 379
- 10.8.1 COMPANY SNAPSHOT 379
- 10.8.2 PRODUCT PORTFOLIO 379
- 10.8.3 RECENT DEVELOPMENTS 380
- 10.9 EVERGREEN FIBREBOARD BERHAD 381
- 10.9.1 COMPANY SNAPSHOT 381
- 10.9.2 REVENUE ANALYSIS 381
- 10.9.3 PRODUCT PORTFOLIO 382
- 10.9.4 RECENT DEVELOPMENT 382
- 10.10 GEORGIA-PACIFIC. 383
- 10.10.1 COMPANY SNAPSHOT 383
- 10.10.2 PRODUCT PORTFOLIO 383
- 10.10.3 RECENT DEVELOPMENT 384
- 10.11 GREEN RIVER HOLDING CO., LTD. 385
- 10.11.1 COMPANY SNAPSHOT 385
- 10.11.2 REVENUE ANALYSIS 385
- 10.11.3 PRODUCT PORTFOLIO 386
- 10.11.4 RECENT DEVELOPMENT 386
- 10.12 KASTAMONU ENTEGRE 387
- 10.12.1 COMPANY SNAPSHOT 387
- 10.12.2 PRODUCT PORTFOLIO 387
- 10.12.3 RECENT DEVELOPMENTS 388
- 10.13 KRONOPLUS LIMITED 389
- 10.13.1 COMPANY SNAPSHOT 389
- 10.13.2 PRODUCT PORTFOLIO 389
- 10.13.3 RECENT DEVELOPMENTS 390
- 10.14 MIECO CHIPBOARD BERHAD 391
- 10.14.1 COMPANY SNAPSHOT 391
- 10.14.2 REVENUE ANALYSIS 391
- 10.14.3 PRODUCT PORTFOLIO 392
- 10.14.4 RECENT DEVELOPMENT 392
- 10.15 PFEIFER GROUP 393
- 10.15.1 COMPANY SNAPSHOT 393
- 10.15.2 PRODUCT PORTFOLIO 393
- 10.15.3 RECENT DEVELOPMENT 393
- 10.16 SONAE ARAUCO (SUBSIDIARY OF SONAE INDUSTRIA) 394
- 10.16.1 COMPANY SNAPSHOT 394
- 10.16.2 PRODUCT PORTFOLIO 394
- 10.16.3 RECENT DEVELOPMENT 395
- 10.17 STARBANK PANEL PRODUCTS LTD 396
- 10.17.1 COMPANY SNAPSHOT 396
- 10.17.2 PRODUCT PORTFOLIO 396
- 10.17.3 RECENT DEVELOPMENT 396
- 10.18 TIMBER PRODUCTS COMPANY 397
- 10.18.1 COMPANY SNAPSHOT 397
- 10.18.2 PRODUCT PORTFOLIO 397
- 10.18.3 RECENT DEVELOPMENTS 397
- 10.19 WEST FRASER 398
- 10.19.1 COMPANY SNAPSHOT 398
- 10.19.2 REVENUE ANALYSIS 399
- 10.19.3 PRODUCT PORTFOLIO 399
- 10.19.4 RECENT DEVELOPMENTS 400
11 QUESTIONNAIRE 401
12 RELATED REPORTS 405