Asia Pacific Medium Density Fiberboard Market Size & Outlook
Asia Pacific medium density fiberboard market, 2018-2030 (US$M)
Related Markets
Asia Pacific medium density fiberboard market highlights
- The Asia Pacific medium density fiberboard market generated a revenue of USD 24,325.7 million in 2022.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 24,325.7 million |
| Market revenue in 2030 | USD 43,401.6 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Furniture |
| Fastest growing segment | Interior Decoration |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Asia Pacific region accounted for 61.2% of the global medium density fiberboard market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,401.6 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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Asia Pacific 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 63.25% in 2022. Horizon Databook has segmented the Asia Pacific medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
The membrane separation technology market in Asia Pacific is expected to witness exponential growth owing to the rapid industrialization coupled with stringent regulations set by various governments to maintain environmental quality.
The growth of industries such as chemicals, mining, and metal processing is expected to result in increased discharge of pollutants into the environment.
Increasing water pollution and growing environmental concerns are anticipated to promote the implementation of wastewater treatment processes, thereby, propelling the use of membrane separation technologies over the forecast period.
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Target buyers of Asia Pacific medium density fiberboard market databook
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Our clientele includes a mix of medium density fiberboard market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific medium density fiberboard market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific medium density fiberboard market size, by country, 2018-2030 (US$M)
Asia Pacific Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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