Germany Wood Based Panel Market Size & Outlook, 2019-2027
Germany wood based panel market, 2016-2027 (US$M)
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Germany wood based panel market highlights
- The Germany wood based panel market generated a revenue of USD 5,266.3 million in 2019 and is expected to reach USD 6,965.8 million by 2027.
- The Germany market is expected to grow at a CAGR of 3.6% 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.
Wood based panel market data book summary
| Market revenue in 2019 | USD 5,266.3 million |
| Market revenue in 2027 | USD 6,965.8 million |
| Growth rate | 3.6% (CAGR from 2019 to 2027) |
| Largest segment | Particleboard |
| Fastest growing segment | Oriented Strand Board (OSB) |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 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, Germany accounted for 3.6% of the global wood based panel market in 2019.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Europe, Russia wood based panel market is projected to lead the regional market in terms of revenue in 2027.
- UK is the fastest growing regional market in Europe and is projected to reach USD 4,359.2 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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Germany 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 32.65% in 2019. Horizon Databook has segmented the Germany 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 wood-based panels in Europe is primarily driven by Germany, which accounts for the highest share in furniture market among the European countries. Rising demand for the product in packaging applications is expected to have a positive impact on the market growth over the forecast period.
Germany has been a key market for plywood in the recent years, as it is the largest furniture and construction market in Europe. However, insufficient production capacity in the country is likely to result in high import of plywood over the forecast period.
The demand for particleboard in the country is expected to increase over the forecast period on account of rising number of commercial buildings. Growth of furniture industry in the region is also expected to have a positive impact on the demand for particleboard over the next seven years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany wood based panel market , including forecasts for subscribers. This country databook contains high-level insights into Germany wood based panel market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Germany wood based panel market size, by product, 2016-2027 (US$M)
Germany Wood Based Panel Market Outlook Share, 2019 & 2027 (US$M)
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