Middle East & Africa Medium Density Fiberboard Market Size & Outlook
Middle East & Africa medium density fiberboard market, 2018-2030 (US$M)
Related Markets
MEA medium density fiberboard market highlights
- The MEA medium density fiberboard market generated a revenue of USD 2,270.6 million in 2022.
- The market is expected to grow at a CAGR of 5.7% 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, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 2,270.6 million |
| Market revenue in 2030 | USD 3,533.7 million |
| Growth rate | 5.7% (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, MEA 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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Middle East & Africa 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 57.45% in 2022. Horizon Databook has segmented the Middle East & Africa medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
The growing oil & gas industry in the Middle East & Africa is one of the major contributors to rising environmental issues.
Various activities such as exploration, drilling, and extraction result in the emission of pollutants into the atmosphere and water bodies.
Strict government norms imposed on companies to limit the number of pollutants released into the environment are expected to propel the market growth.
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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 Middle East & Africa medium density fiberboard market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA medium density fiberboard market size, by country, 2018-2030 (US$M)
Middle East & Africa Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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