Title: Wood Based Panel Market Growth Analysis, Size, Key Insights, Outlook To 2033
1Wood Based Panel Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Wood Based Panel Market Segments
The Business Research Company segments its Wood
Based Panel market report as
Medium-Density Fiberboard (MDF)/High-Density
Fiberboard (HDF), Oriented Strand Board (OSB),
Particleboard, Hardboard, Plywood, Other Product
Types
By Product Type
By Distribution Channel
Direct Sales, Online Stores, Specialty Stores,
Other Distribution Channels
By End User
Residential, Non-residential
By Application
Construction, Furniture, Packaging, Flooring,
Other Applications
3Market Statistics
The wood based panel market size has grown
strongly in recent years. It will grow
from 164.89 billion in 2023 to 177.96 billion
in 2024 at a compound annual growth rate (CAGR)
of 7.9. The wood based panel market size is
expected to see strong growth in the next few
years. It will grow to 237.46 billion in 2028 at
a compound annual growth rate (CAGR) of 7.5.
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4Key Market Drivers And Trends
Drivers
Increased building and construction activity is
expected to drive the wood based panel market
going forward.
Trends
The rise in demand for home furniture is expected
to propel the growth of the wood-based panel
market going forward.
Region
Asia-Pacific was the largest region in the wood
based panels market in 2023. The regions covered
in the wood based panel market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East,
Africa.
5Key Market Players
- Major players in the Wood Based Panel market
are - Georgia-Pacific LLC
- Weyerhaeuser Company
- West Fraser Timber Co Ltd
- Boise Cascade Company
- Sonae Industria SGPS SA
- And more.
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