Global Wood Based Panel Market Size & Outlook, 2025-2030
Global wood based panel market, 2018-2030 (US$M)
Related Markets
Global wood based panel market highlights
- The global wood based panel market generated a revenue of USD 198,043.5 million in 2024 and is expected to reach USD 284,185.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.9% by 2030.
- In terms of segment, plywood accounted for a revenue of USD 87,252.5 million in 2024.
- 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 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 198,043.5 million |
| Market revenue in 2030 | USD 284,185.7 million |
| Growth rate | 5.9% (CAGR from 2025 to 2030) |
| Largest segment | Plywood |
| Fastest growing segment | OSB |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MDF, HDF, PB, OSB, Softboard, Hardboard, Plywood |
Other key industry trends
- In terms of revenue, the North America accounted for 15.9% of the global wood based panel market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 3,670.9 million by 2030.
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Wood Based Panel Market Scope
Wood Based Panel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Pfeiffer Vacuum Technology AG | View profile | 4013 | Berliner Strasse 43, Asslar, HE, Germany, 35614 | https://group.pfeiffer-vacuum.com |
| Canfor Corp | View profile | 7580 | 101-161 East 4th Avenue, Vancouver, BC, Canada, V5T 1G4 | https://www.canfor.com |
| SGS | View profile | 10001+ | Geneva, Geneve, Switzerland, Europe | http://www.sgs.com/ |
| ARAUCO | View profile | 10001+ | Las Condes, Region Metropolitana, Chile, South America | https://www.arauco.cl |
| Kastamonu Entegre | View profile | 5001-10000 | Üsküdar, Istanbul, Turkey, Europe | https://www.keas.com.tr |
| EGGER Group | View profile | 5001-10000 | Sankt Johann In Tirol, Tirol, Austria, Europe | https://www.egger.com |
| Kronospan | View profile | 10001+ | Chirk, Wrexham, United Kingdom, Europe | https://kronospan.com/ |
| Norbord Industries | View profile | 10001+ | Toronto, Ontario, Canada, North America | http://www.norbord.com |
| Dongwha Enterprise | View profile | 1001-5000 | Yongdungpo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.dongwha.co.kr |
| Georgia-Pacific | View profile | 10001+ | Atlanta, Georgia, United States, North America | http://www.gp.com/aboutus/companyoverview/index.html |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
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 44.06% in 2024. Horizon Databook has segmented the Global wood based panel market based on mdf, hdf, pb, osb, softboard, hardboard, plywood covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Wood Based Panel Product Outlook (Revenue, USD Million, 2018-2030)
- MDF
- Standard
- Thin
- HDF
- PB
- OSB
- Softboard
- Hardboard
- Plywood
- MDF
- Global Wood Based Panel Application Outlook (Revenue, USD Million, 2018-2030)
- Furniture
- Construction
- Windows & doors
- Flooring & decking
- Siding
- Others
- Packaging
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Target buyers of Global wood based panel market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global wood based panel market size, by regions, 2018-2030 (US$M)
Top 10 countries: Wood based panel market size, 2024 (US$M)
Global wood based panel market share, by product, 2024 & 2030 (%, US$M)
Wood based panel market: Opportunity assessment by country
Global wood based panel market, by region, 2024 (US$M)
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