The global Particle Board Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Particle Board also referred to as fiberboard. It is an engineered material that is made of separate fibers such as Particle Board also referred to as fiberboard. It is an engineered material that is made of separate fibers. These are made of hard, and softwood engineered wood. It is mixed with resin binders and was by applying high temperature and pressure. In addition, Particle board is a common wood-based product used in flat-pack furniture, interior cupboards, and work surfaces (finished with HPL). It is also used in the manufacture of wall and floor panels. The Particle Board market is expanding because of factors such as the rising demand from furniture industry and easy availability of raw materials
According to Statista in 2021, the furniture industry generated the revenue of around USD 770. Billion in 2023 which is projected to grow annually with the CAGR of around 5.31%. Living room furniture is deemed as the largest segment with market volume of around USD 227.70 billion in 2023. Whereas rising application across end-user industries and development of new methods to manufacture particle boards create lucrative opportunities for the market. However, the threat of substitute hampers market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Particle Board Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing demand from end user industries , rising spending by construction industry. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising penetration of market players , growing demand from end user industries in the forecast period.
Major market players included in this report are:
- Associate Decor Ltd
- Boise Cascade
- Century Prowud
- D&R Henderson Pty Ltd
- EGGER
- Georgia-Pacific
- Kastamonu Entegre
- Krifor Industries Pvt. Ltd
- Peter Benson (Plywood) Limited
- Roseburg Forest Products
Recent Developments in the Market:
- In February 2021, West Fraser Timber Co. Ltd. and Norbord Inc. announced jointly that they had completed the previously announced transaction in which West Fraser acquired all of Norbord's issued and outstanding common shares.
- In September 2020, EGGER announced the completion of its first raw particle board production, marking the beginning of operations at its new manufacturing facility in Lexington, Kentucky.
Global Particle Board Market Report Scope:
- Historical Data: 2019-2020-2021
- Base Year for Estimation: 2021
- Forecast period: 2022-2029
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Raw Material, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
- 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 Raw Material:
- Wood,
- Bagasse,
- Other Raw Materials
By Application:
- Construction,
- Furniture,
- Infrastructure,
- Other Applications
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
- Rest of the World
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Particle Board Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Particle Board Market, by Raw Material, 2019-2029 (USD Billion)
- 1.2.3. Particle Board Market, by Application, 2019-2029 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Particle Board Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Particle Board Market Dynamics
- 3.1. Particle Board Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising demand from furniture industry
- 3.1.1.2. Easy availability of raw materials
- 3.1.2. Market Challenges
- 3.1.2.1. Threat of substitute
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising application across end-user industries
- 3.1.3.2. Development of new methods to manufacture particle boards
Chapter 4. Global Particle Board 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. Futuristic Approach to Porter's 5 Force Model (2019-2029)
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.4. Investment Adoption Model
- 4.5. Analyst Recommendation & Conclusion
- 4.6. Top investment opportunity
- 4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1. Assessment of the overall impact of COVID-19 on the industry
- 5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Particle Board Market, by Manufacturing Raw Material
- 6.1. Market Snapshot
- 6.2. Global Particle Board Market by Raw Material, Performance - Potential Analysis
- 6.3. Global Particle Board Market Estimates & Forecasts by Raw Material 2019-2029 (USD Billion)
- 6.4. Particle Board Market, Sub Segment Analysis
- 6.4.1. Wood,
- 6.4.2. Bagasse,
- 6.4.3. Other Raw Materials
Chapter 7. Global Particle Board Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Particle Board Market by Application, Performance - Potential Analysis
- 7.3. Global Particle Board Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
- 7.4. Particle Board Market, Sub Segment Analysis
- 7.4.1. Construction,
- 7.4.2. Furniture,
- 7.4.3. Infrastructure,
- 7.4.4. Other Applications
Chapter 8. Global Particle Board Market, Regional Analysis
- 8.1. Particle Board Market, Regional Market Snapshot
- 8.2. North America Particle Board Market
- 8.2.1. U.S. Particle Board Market
- 8.2.1.1. Raw Material breakdown estimates & forecasts, 2019-2029
- 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Particle Board Market
- 8.3. Europe Particle Board Market Snapshot
- 8.3.1. U.K. Particle Board Market
- 8.3.2. Germany Particle Board Market
- 8.3.3. France Particle Board Market
- 8.3.4. Spain Particle Board Market
- 8.3.5. Italy Particle Board Market
- 8.3.6. Rest of Europe Particle Board Market
- 8.4. Asia-Pacific Particle Board Market Snapshot
- 8.4.1. China Particle Board Market
- 8.4.2. India Particle Board Market
- 8.4.3. Japan Particle Board Market
- 8.4.4. Australia Particle Board Market
- 8.4.5. South Korea Particle Board Market
- 8.4.6. Rest of Asia Pacific Particle Board Market
- 8.5. Latin America Particle Board Market Snapshot
- 8.5.1. Brazil Particle Board Market
- 8.5.2. Mexico Particle Board Market
- 8.6. Rest of The World Particle Board Market
Chapter 9. Competitive Intelligence
- 9.1. Top Market Strategies
- 9.2. Company Profiles
- 9.2.1. Associate Decor Ltd
- 9.2.1.1. Key Information
- 9.2.1.2. Overview
- 9.2.1.3. Financial (Subject to Data Availability)
- 9.2.1.4. Product Summary
- 9.2.1.5. Recent Developments
- 9.2.2. Boise Cascade
- 9.2.3. Century Prowud
- 9.2.4. D&R Henderson Pty Ltd
- 9.2.5. EGGER
- 9.2.6. Georgia-Pacific
- 9.2.7. Kastamonu Entegre
- 9.2.8. Krifor Industries Pvt. Ltd
- 9.2.9. Peter Benson (Plywood) Limited
- 9.2.10. Roseburg Forest Products
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