Wood-based panels are sheet materials that contain a significant proportion of wood in one of a variety of forms (strips, veneers, chips, strands or fibres).
Wood-based panels are sheet materials that contain a significant proportion of wood in different forms. When engaged in the industry, manufacturers should pay attention on the energy, technology as well as raw materials, which are key factors for the wood based panel industry.
According to its different manufacturing technology, wood base panels can be divided into categories, such as PB, MDF, HDF, OSB, plywood and so on. Among those types, plywood accounts for the largest production proportion which was 32.65% in 2015.
Wood based panel industry has low technology barrier, which result in large amounts of manufacturers distributing in the each corner of the world. However, when considering the major production base, China has become the largest producer of wood based panel undoubtedly. China’s production was 293267 K Cubic Meter in 2015, holding the 49.55% share in the global market. North America is the follower, who contributed 13.99% production share in 2015.
As for consumption, China, North America and Europe are the key consuming regions. China is not only the largest producer of wood based panel, but also the largest consumer. In 2015, the three regions consumed 279778 K Cubic Meter, 88416 K Cubic Meter and 76638 K Cubic Meter respectively, with the total consumption share of 75.16 globally.
Considering the current status, information revealed that the wood based panel market still promising. Market insiders think that the wood based panel industry will continue to keep upward tendency in the coming few years with the GACR of 2.66% during the period of 2017-2022. Besides, due to fierce competition in the industry, price and gross margin are estimated to decline further.
The global Wood Based Panel market was 166800 million US$ in 2018 and is expected to 161500 million US$ by the end of 2025, growing at a CAGR of -0.4% between 2019 and 2025.
This report studies the Wood Based Panel market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Wood Based Panel in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Daiken New Zealand
Swiss Krono Group
GVK Novopan Industries Limited
Sahachai Particle Board
Siam Riso Wood Products
By the product type, the market is primarily split into
Medium Density Fibreboard (MDF)
High Density Fibreboard (HDF)
Oriented Strand Board (OSB)
By the end users/application, this report covers the following segments
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of Central & South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global Wood Based Panel market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Wood Based Panel market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Wood Based Panel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wood Based Panel with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Wood Based Panel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Wood Based Panel are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Wood Based Panel market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Wood Based Panel market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.