Kuwait Wood Based Panel Market Size & Outlook, 2025-2030
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Kuwait wood based panel market highlights
- The Kuwait wood based panel market generated a revenue of USD 117.9 million in 2024 and is expected to reach USD 179.1 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 7.3% from 2025 to 2030.
- In terms of segment, plywood was the largest revenue generating product in 2024.
- 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 2024 | USD 117.9 million |
| Market revenue in 2030 | USD 179.1 million |
| Growth rate | 7.3% (CAGR from 2025 to 2030) |
| Largest segment | Plywood |
| Fastest growing segment | OSB |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | MDF, HDF, PB, 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, Kuwait accounted for 0.1% of the global wood based panel market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Iran wood based panel market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,739.2 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 |
Kuwait 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 38.59% in 2024. Horizon Databook has segmented the Kuwait 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.
- Kuwait Wood Based Panel Product Outlook (Revenue, USD Million, 2018-2030)
- MDF
- Standard
- Thin
- HDF
- PB
- OSB
- Softboard
- Hardboard
- Plywood
- MDF
- Kuwait 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 Kuwait 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 country-level data and insights on the Kuwait wood based panel market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait wood based panel market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait wood based panel market size, by product, 2018-2030 (US$M)
Kuwait Wood Based Panel Market Outlook Share, 2024 & 2030 (US$M)
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