Philippines Wood Based Panel Market Size & Outlook
Philippines wood based panel market, 2016-2027 (US$M)
Related Markets
Philippines wood based panel market highlights
- The Philippines wood based panel market generated a revenue of USD 248.6 million in 2019 and is expected to reach USD 462.4 million by 2027.
- The Philippines market is expected to grow at a CAGR of 8.1% from 2020 to 2027.
- In terms of segment, plywood was the largest revenue generating product in 2019.
- Softboard 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 248.6 million |
| Market revenue in 2027 | USD 462.4 million |
| Growth rate | 8.1% (CAGR from 2019 to 2027) |
| Largest segment | Plywood |
| Fastest growing segment | Softboard |
| 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, Philippines accounted for 0.2% 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 Asia Pacific, China wood based panel market is projected to lead the regional market in terms of revenue in 2027.
- Vietnam is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,161.5 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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Philippines 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 82.78% in 2019. Horizon Databook has segmented the Philippines 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.
- Philippines 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
- Philippines Wood Based Panel Application Outlook (Revenue, USD Million, 2016-2027)
- Furniture
- Construction
- Packaging
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Target buyers of Philippines 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 Philippines wood based panel market , including forecasts for subscribers. This country databook contains high-level insights into Philippines wood based panel market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Philippines wood based panel market size, by product, 2016-2027 (US$M)
Philippines Wood Based Panel Market Outlook Share, 2019 & 2027 (US$M)
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