Wood Based Panel Market
Wood Based Panel - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Wood Based Panel Market is accounted for $144.67 billion in 2019 and is expected to reach $286.16 billion by 2027 growing at a CAGR of 8.9% during the forecast period. Low product cost coupled with superior properties including strength & durability and increasing investments in residential & commercial construction activities are the major factors driving the market growth. However, rising concerns such as dust, total organic carbon, and formaldehyde emission during product manufacturing is restraining the market growth.
A wood-based panel is a generic term used for a wide variety of various board products that have a different range of engineering properties. Wood-based panel products are majorly used in furniture, construction, and packaging. The wood-based panel products are sheet materials consisting of a substantial amount of wood in the form of strips, strands, veneers, chips, and fibers.
Based on product, the plywood segment is likely to have a huge demand. Superior properties, such as high strength, durability, and impact, chemical, fire, and moisture resistance offered by the product are expected to drive the wood based panel market over the forecast period. By geography, Asia Pacific is going to have a lucrative growth during the forecast period. Emerging economies, such as China, India, and Japan, are estimated to fuel demand for the product in packaging and construction applications.
Some of the key players profiled in the Wood Based Panel Market include An Cuong, ARAUCO, Canfor, Dare Panel Group Co Ltd, Dongwha Malaysia Holdings Sdn Bhd, EGGER Group, Evergreen Fiberboard Berhad, Georgia-Pacific, Green River Holding Co Ltd, HeveaPac Sdn Bhd, Kastamonu Entegre, Klenk Holz GmbH, Kronospan Limited, Mieco Chipboard Berhad, Norbord Inc, Pfeifer Gruppe, Robert Burkle GmbH, SGS Industrial Services, Sonae Industria SGPA S.A and Starbank Panel Products Ltd.
Products Covered:
• Hardboard
• Insulation Board
• Oriented Strand Board (OSB)
• Particleboard
• Sheets Less Than 6 mm Thick
• Softboard
• Veneer (Under 6mm Thick)
• Veneered Panels
• Waferboard
• Fiberboard
• Plywood
• Other Boards (Cellulose Fiberboard)
Applications Covered:
• Furniture
• Packaging
• Construction/ Building Materials
Distribution Channels Covered:
• Online Stores
• Offline Stores
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Wood Based Panel Market, By Product
5.1 Introduction
5.2 Hardboard
5.3 Insulation Board
5.4 Oriented Strand Board (OSB)
5.5 Particleboard
5.6 Sheets Less Than 6 mm Thick
5.7 Softboard
5.8 Veneer (Under 6mm Thick)
5.9 Veneered Panels
5.10 Waferboard
5.11 Fiberboard
5.11.1 High Density Fiberboard (HDF)
5.11.2 Medium Density Fiberboard (MDF)
5.12 Plywood
5.12.1 Decorative Hardwood Plywood
5.12.2 Softwood Plywood
5.13 Other Boards (Cellulose Fiberboard)
6 Global Wood Based Panel Market, By Application
6.1 Introduction
6.2 Furniture
6.2.1 Commercial
6.2.2 Kitchen Furniture
6.2.3 Residential
6.3 Packaging
6.3.1 Cosmetics
6.3.2 Food and Beverage
6.3.3 Industrial
6.3.4 Pharmaceutical
6.4 Construction/ Building Materials
6.4.1 Column and Beam
6.4.2 Flooring, Roofing & Decking
6.4.3 Interior Decoration
6.4.4 Staircase
6.4.5 Wall
6.4.6 Windows & Doors
6.4.7 Other Constructions (Siding)
7 Global Wood Based Panel Market, By Distribution Channel
7.1 Introduction
7.2 Online Stores
7.3 Offline Stores
8 Global Wood Based Panel Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 An Cuong
10.2 ARAUCO
10.3 Canfor
10.4 Dare Panel Group Co Ltd
10.5 Dongwha Malaysia Holdings Sdn Bhd
10.6 EGGER Group
10.7 Evergreen Fiberboard Berhad
10.8 Georgia-Pacific
10.9 Green River Holding Co Ltd
10.10 HeveaPac Sdn Bhd
10.11 Kastamonu Entegre
10.12 Klenk Holz GmbH
10.13 Kronospan Limited
10.14 Mieco Chipboard Berhad
10.15 Norbord Inc
10.16 Pfeifer Gruppe
10.17 Robert Burkle GmbH
10.18 SGS Industrial Services
10.19 Sonae Industria SGPA S.A
10.20 Starbank Panel Products Ltd
List of Tables
1 Global Wood Based Panel Market Outlook, By Region (2018-2027) ($MN)
2 Global Wood Based Panel Market Outlook, By Product (2018-2027) ($MN)
3 Global Wood Based Panel Market Outlook, By Hardboard (2018-2027) ($MN)
4 Global Wood Based Panel Market Outlook, By Insulation Board (2018-2027) ($MN)
5 Global Wood Based Panel Market Outlook, By Oriented Strand Board (OSB) (2018-2027) ($MN)
6 Global Wood Based Panel Market Outlook, By Particleboard (2018-2027) ($MN)
7 Global Wood Based Panel Market Outlook, By Sheets Less Than 6 mm Thick (2018-2027) ($MN)
8 Global Wood Based Panel Market Outlook, By Softboard (2018-2027) ($MN)
9 Global Wood Based Panel Market Outlook, By Veneer (Under 6mm Thick) (2018-2027) ($MN)
10 Global Wood Based Panel Market Outlook, By Veneered Panels (2018-2027) ($MN)
11 Global Wood Based Panel Market Outlook, By Waferboard (2018-2027) ($MN)
12 Global Wood Based Panel Market Outlook, By Fiberboard (2018-2027) ($MN)
13 Global Wood Based Panel Market Outlook, By High Density Fiberboard (HDF) (2018-2027) ($MN)
14 Global Wood Based Panel Market Outlook, By Medium Density Fiberboard (MDF) (2018-2027) ($MN)
15 Global Wood Based Panel Market Outlook, By Plywood (2018-2027) ($MN)
16 Global Wood Based Panel Market Outlook, By Decorative Hardwood Plywood (2018-2027) ($MN)
17 Global Wood Based Panel Market Outlook, By Softwood Plywood (2018-2027) ($MN)
18 Global Wood Based Panel Market Outlook, By Other Boards (Cellulose Fiberboard) (2018-2027) ($MN)
19 Global Wood Based Panel Market Outlook, By Application (2018-2027) ($MN)
20 Global Wood Based Panel Market Outlook, By Furniture (2018-2027) ($MN)
21 Global Wood Based Panel Market Outlook, By Commercial (2018-2027) ($MN)
22 Global Wood Based Panel Market Outlook, By Kitchen Furniture (2018-2027) ($MN)
23 Global Wood Based Panel Market Outlook, By Residential (2018-2027) ($MN)
24 Global Wood Based Panel Market Outlook, By Packaging (2018-2027) ($MN)
25 Global Wood Based Panel Market Outlook, By Cosmetics (2018-2027) ($MN)
26 Global Wood Based Panel Market Outlook, By Food and Beverage (2018-2027) ($MN)
27 Global Wood Based Panel Market Outlook, By Industrial (2018-2027) ($MN)
28 Global Wood Based Panel Market Outlook, By Pharmaceutical (2018-2027) ($MN)
29 Global Wood Based Panel Market Outlook, By Construction/ Building Materials (2018-2027) ($MN)
30 Global Wood Based Panel Market Outlook, By Column and Beam (2018-2027) ($MN)
31 Global Wood Based Panel Market Outlook, By Flooring, Roofing & Decking (2018-2027) ($MN)
32 Global Wood Based Panel Market Outlook, By Interior Decoration (2018-2027) ($MN)
33 Global Wood Based Panel Market Outlook, By Staircase (2018-2027) ($MN)
34 Global Wood Based Panel Market Outlook, By Wall (2018-2027) ($MN)
35 Global Wood Based Panel Market Outlook, By Windows & Doors (2018-2027) ($MN)
36 Global Wood Based Panel Market Outlook, By Other Constructions (Siding) (2018-2027) ($MN)
37 Global Wood Based Panel Market Outlook, By Distribution Channel (2018-2027) ($MN)
38 Global Wood Based Panel Market Outlook, By Online Stores (2018-2027) ($MN)
39 Global Wood Based Panel Market Outlook, By Offline Stores (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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