Canada Medium Density Fiberboard Market Size & Outlook
Canada medium density fiberboard market, 2018-2030 (US$M)
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Canada medium density fiberboard market highlights
- The Canada medium density fiberboard market generated a revenue of USD 452.3 million in 2022 and is expected to reach USD 736.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.3% 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 452.3 million |
| Market revenue in 2030 | USD 736.4 million |
| Growth rate | 6.3% (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, Canada accounted for 1.1% 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 North America, U.S. medium density fiberboard market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 641.4 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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Canada 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 43.78% in 2022. Horizon Databook has segmented the Canada medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
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Increasing initiatives to minimize contaminants from water bodies are expected to promote the use of filtration techniques, thus, propelling the growth of the membrane separation technology market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into Canada medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medium density fiberboard market size, by application, 2018-2030 (US$M)
Canada Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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