Vietnam Wood Based Panel Market Size & Outlook, 2019-2027
Vietnam wood based panel market, 2016-2027 (US$M)
Related Markets
Vietnam wood based panel market highlights
- The Vietnam wood based panel market generated a revenue of USD 536.6 million in 2019 and is expected to reach USD 1,161.5 million by 2027.
- The Vietnam market is expected to grow at a CAGR of 10.1% from 2020 to 2027.
- In terms of segment, medium density fiberboard (mdf) 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 536.6 million |
| Market revenue in 2027 | USD 1,161.5 million |
| Growth rate | 10.1% (CAGR from 2019 to 2027) |
| Largest segment | Medium density fiberboard (mdf) |
| 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), 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, Vietnam accounted for 0.4% 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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Vietnam 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.
Medium density fiberboard (mdf) was the largest segment with a revenue share of 31.74% in 2019. Horizon Databook has segmented the Vietnam wood based panel market based on medium density fiberboard (mdf), high density fiberboard (hdf), particleboard, oriented strand board (osb), hardboard, plywood covering the revenue growth of each sub-segment from 2016 to 2027.
- Vietnam 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
- Vietnam Wood Based Panel Application Outlook (Revenue, USD Million, 2016-2027)
- Furniture
- Construction
- Packaging
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam wood based panel market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam wood based panel market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Vietnam wood based panel market size, by product, 2016-2027 (US$M)
Vietnam Wood Based Panel Market Outlook Share, 2019 & 2027 (US$M)
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