China Medium Density Fiberboard Market Size & Outlook
China medium density fiberboard market, 2018-2030 (US$M)
Related Markets
China medium density fiberboard market highlights
- The China medium density fiberboard market generated a revenue of USD 20,722.4 million in 2022 and is expected to reach USD 35,901.6 million by 2030.
- The China market is expected to grow at a CAGR of 7.1% 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 20,722.4 million |
| Market revenue in 2030 | USD 35,901.6 million |
| Growth rate | 7.1% (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, China accounted for 52.1% 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 Asia Pacific, China medium density fiberboard market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,139.5 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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China 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 63.07% in 2022. Horizon Databook has segmented the China medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
The environmental NGOs of China including China Biodiversity Conservation, Friends of Nature, and Green Development Foundation play a major role in promoting environmental legislation, resulting in the implementation of various measures to curb pollution.
The rising number of initiatives taken by the government and NGOs of China to limit environmental pollution is expected to propel the implementation of wastewater treatment processes, thereby, boosting the growth of the membrane separation technology market.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into China medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China medium density fiberboard market size, by application, 2018-2030 (US$M)
China Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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