Argentina Medium Density Fiberboard Market Size & Outlook
Argentina medium density fiberboard market, 2018-2030 (US$M)
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Argentina medium density fiberboard market highlights
- The Argentina medium density fiberboard market generated a revenue of USD 216.6 million in 2022 and is expected to reach USD 358.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, furniture was the largest revenue generating application in 2022.
- Interior Decoration is the most lucrative application segment registering the fastest growth during the forecast period.
Medium density fiberboard market data book summary
| Market revenue in 2022 | USD 216.6 million |
| Market revenue in 2030 | USD 358.1 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Furniture |
| Fastest growing segment | Interior Decoration |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Furniture, Construction, Interior Decoration |
| Key market players worldwide | Georgia-Pacific, West Fraser Timber Co.Ltd, Dongwha Enterprise, Norbord Industries, Kronospan, EGGER Group, Kastamonu Entegre, ARAUCO |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.5% of the global medium density fiberboard market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil medium density fiberboard market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 358.1 million by 2030.
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Medium Density Fiberboard Market Scope
Medium Density Fiberboard Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina medium density fiberboard market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medium density fiberboard market will help companies and investors design strategic landscapes.
Furniture was the largest segment with a revenue share of 54.99% in 2022. Horizon Databook has segmented the Argentina medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is one of the largest economies in South America with a Gross Domestic Product (GDP) of around USD 470 billion in 2019. However, the country is facing a rapid devaluation bleak economic outlook owing to galloping inflation and rapid devaluation of its domestic currency.
In 2018, the country received USD 57 billion bailout package from the International Monetary Fund (IMF) intending to stabilize the economy and allay the fears of credit default by the end of 2019.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into Argentina medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina medium density fiberboard market size, by application, 2018-2030 (US$M)
Argentina Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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