Global Wood Based Panel Market Size & Outlook, 2019-2027
Global wood based panel market, 2016-2027 (US$M)
Related Markets
Global wood based panel market highlights
- The global wood based panel market generated a revenue of USD 144,678.5 million in 2019 and is expected to reach USD 247,236.6 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 6.9% by 2027.
- In terms of segment, plywood accounted for a revenue of USD 57,233.4 million in 2019.
- Oriented Strand Board (OSB) is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2019.
- Country-wise, Italy is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 144,678.5 million |
| Market revenue in 2027 | USD 247,236.6 million |
| Growth rate | 6.9% (CAGR from 2019 to 2027) |
| Largest segment | Plywood |
| Fastest growing segment | Oriented Strand Board (OSB) |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medium density fiberboard (MDF), High density fiberboard (HDF), Particleboard, Oriented Strand Board (OSB), Softboard, Hardboard, Plywood |
Other key industry trends
- In terms of revenue, the North America accounted for 15.3% of the global wood based panel market in 2019.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Italy is the fastest growing regional market and is projected to reach USD 2,397.6 million by 2027.
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Wood Based Panel Market Scope
Wood Based Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global wood based panel 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 wood based panel market will help companies and investors design strategic landscapes.
Plywood was the largest segment with a revenue share of 39.56% in 2019. Horizon Databook has segmented the Global wood based panel market based on medium density fiberboard (mdf), high density fiberboard (hdf), particleboard, oriented strand board (osb), softboard, hardboard, plywood covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Wood Based Panel Product Outlook (Revenue, USD Million, 2016-2027)
- Medium density fiberboard (MDF)
- High density fiberboard (HDF)
- Particleboard
- Oriented Strand Board (OSB)
- Softboard
- Hardboard
- Plywood
- Global Wood Based Panel Application Outlook (Revenue, USD Million, 2016-2027)
- Furniture
- Construction
- Packaging
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Our clientele includes a mix of wood based panel market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wood based panel market , including forecasts for subscribers. This global databook contains high-level insights into Global wood based panel market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Global wood based panel market size, by regions, 2016-2027 (US$M)
Top 10 countries: Wood based panel market size, 2019 (US$M)
Global wood based panel market share, by product, 2019 & 2027 (%, US$M)
Wood based panel market: Opportunity assessment by country
Global wood based panel market, by region, 2019 (US$M)
Related regional statistics
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