Europe Wood Based Panel Market Size & Outlook, 2019-2027
Europe wood based panel market, 2016-2027 (US$M)
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Europe wood based panel market highlights
- The Europe wood based panel market generated a revenue of USD 34,890.0 million in 2019.
- The market is expected to grow at a CAGR of 4.5% from 2020 to 2027.
- In terms of segment, particleboard was the largest revenue generating product in 2019.
- Oriented Strand Board (OSB) is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2027.
Europe data book summary
| Market revenue in 2019 | USD 34,890.0 million |
| Market revenue in 2027 | USD 49,792.0 million |
| Growth rate | 4.5% (CAGR from 2019 to 2027) |
| Largest segment | Particleboard |
| 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 |
| Key market players worldwide | Dongwha Enterprise, Kronospan, SGS, EGGER Group, Norbord Industries, Kastamonu Entegre, Georgia-Pacific, ARAUCO, Canfor Corp, Pfeiffer Vacuum Technology AG, Sumitomo Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 24.1% of the global wood based panel market in 2019.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 144,538.3 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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Europe 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.
Particleboard was the largest segment with a revenue share of 36.02% in 2019. Horizon Databook has segmented the Europe 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.
The demand for the product is primarily driven by the growth of furniture and construction industry. Germany was one of the key markets for wood-based panel and accounted for 10% of the overall demand, as the country is one of the major markets in the Europe for these application industries.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe wood based panel market , including forecasts for subscribers. This continent databook contains high-level insights into Europe wood based panel market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Europe wood based panel market size, by country, 2016-2027 (US$M)
Europe Wood Based Panel Market Outlook Share, 2019 & 2027 (US$M)
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