UK Medium Density Fiberboard Market Size & Outlook
UK medium density fiberboard market, 2018-2030 (US$M)
Related Markets
UK medium density fiberboard market highlights
- The UK medium density fiberboard market generated a revenue of USD 586.3 million in 2022 and is expected to reach USD 791.3 million by 2030.
- The UK market is expected to grow at a CAGR of 3.8% 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 586.3 million |
| Market revenue in 2030 | USD 791.3 million |
| Growth rate | 3.8% (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, UK accounted for 1.5% 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 Europe, Russia medium density fiberboard market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 811.3 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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UK 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 53.47% in 2022. Horizon Databook has segmented the UK medium density fiberboard market based on furniture, construction, interior decoration covering the revenue growth of each sub-segment from 2018 to 2030.
According to the World Bank statistics, the UK is the fifth-largest economy in the world in terms of nominal gross product. In 2021, the GDP of the UK stood at USD 3.19 trillion.
Major industries in the country include pharmaceutical, agriculture, oil & gas, construction, and chemical processing. In addition, the UK is the third-largest market for pharmaceutical research & development industry within the Europe.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK medium density fiberboard market , including forecasts for subscribers. This country databook contains high-level insights into UK medium density fiberboard market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK medium density fiberboard market size, by application, 2018-2030 (US$M)
UK Medium Density Fiberboard Market Outlook Share, 2022 & 2030 (US$M)
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