India Medium Density Fiberboard Market Size & Outlook
India medium density fiberboard market, 2018-2030 (US$M)
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India medium density fiberboard market highlights
- The India medium density fiberboard market generated a revenue of USD 446.7 million in 2022 and is expected to reach USD 1,139.5 million by 2030.
- The India market is expected to grow at a CAGR of 12.4% from 2023 to 2030.
- In terms of segment, furniture was the largest revenue generating application in 2022.
- Furniture 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 446.7 million |
| Market revenue in 2030 | USD 1,139.5 million |
| Growth rate | 12.4% (CAGR from 2022 to 2030) |
| Largest segment | Furniture |
| Fastest growing segment | Furniture |
| 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, India 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 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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India 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 68.79% in 2022. Horizon Databook has segmented the India medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of manufacturing activities fueled by the ‘Make in India’ program is expected to promote the production of various products in the country.
The government of India has undertaken many initiatives to promote industrial growth and maintain environmental balance by implementing various protection acts such as the Water (Prevention and Control of Pollution) Act, the Air (Prevention and Control of Pollution) Act, the Environmental Protection Act, and few others.
Strict government regulations regarding environmental protection are expected to promote the demand for membrane separation technology in wastewater treatment applications over the forecast period.
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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 India medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into India medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India medium density fiberboard market size, by application, 2018-2030 (US$M)
India Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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