Latin America Medium Density Fiberboard Market Size & Outlook
Latin America medium density fiberboard market, 2018-2030 (US$M)
Related Markets
Latin America medium density fiberboard market highlights
- The Latin America medium density fiberboard market generated a revenue of USD 2,262.6 million in 2022.
- The market is expected to grow at a CAGR of 5.5% 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, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 2,262.6 million |
| Market revenue in 2030 | USD 3,470.8 million |
| Growth rate | 5.5% (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, Latin America region accounted for 5.7% 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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Latin America 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 59.5% in 2022. Horizon Databook has segmented the Latin America medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
Growing water pollution issues in countries such as Brazil and Argentina are expected to propel the implementation of water filtration processes in Central & South America.
The release of industrial waste (without filtration) into water bodies is a major factor causing pollution in the region.
The implementation of stringent government and environmental regulations is expected to boost market growth 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 continent-level data and insights on the Latin America medium density fiberboard market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America medium density fiberboard market size, by country, 2018-2030 (US$M)
Latin America Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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