The global Wood Based Panel market size is predicted to grow from US$ 110240 million in 2025 to US$ 173810 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
Wood based panels are sheet materials that contain a significant proportion of wood in one of a variety of forms (strips, veneers, chips, strands or fibres).
The Wood based panel categories include particleboard (PB)/chipboard (CB), medium density fibreboard (MDF), high density fibreboard (HDF), oriented strand board (OSB), plywood and so on.
The Wood based panel industry is highlyfragmented. Major global players like Kronospan, Arauco dominate the market due to their extensive product lines, efficient production processes, and established distribution networks. These companies benefit from economies of scale, allowing them to offer a wide variety of Wood based panel products such as particleboard, medium-density fiberboard (MDF), and oriented strand board (OSB) at competitive prices. On the other hand, regional manufacturers, especially in countries like China, Brazil, and Russia, cater to local demand and often compete on cost and proximity to raw materials.
The competition in the Wood based panel market is influenced by fluctuating raw material prices, environmental regulations, and sustainability demands. Companies are increasingly focusing on offering eco-friendly and sustainable products, such as panels made from recycled wood or certified by standards like FSC (Forest Stewardship Council) or PEFC (Programme for the Endorsement of Forest Certification). Innovations in production processes, such as reducing formaldehyde emissions and increasing panel strength, also provide companies with a competitive advantage.
Market opportunities for Wood based panels lie in the growing demand from the construction, furniture, and interior design industries. As sustainable building practices gain popularity worldwide, the demand for renewable, cost-effective materials like Wood based panels continues to rise. Additionally, rapid urbanization and infrastructure development in emerging markets such as Asia-Pacific and Latin America create further growth opportunities. The shift towards lightweight, versatile building materials also opens avenues for innovation in panel design and application.
The 鈥淲ood Based Panel Industry Forecast鈥� looks at past sales and reviews total world Wood Based Panel sales in 2024, providing a comprehensive analysis by region and market sector of projected Wood Based Panel sales for 2025 through 2031. With Wood Based Panel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wood Based Panel industry.
This Insight Report provides a comprehensive analysis of the global Wood Based Panel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wood Based Panel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Wood Based Panel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wood Based Panel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wood Based Panel.
This report presents a comprehensive overview, market shares, and growth opportunities of Wood Based Panel market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Particleboard (PB)
Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)
Hardboard
Oriented Strand Board (OSB)
Plywood
Others
Segmentation by Application:
Furniture
Construction
Flooring
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Kronospan
Arauco
Daiken New Zealand
Duratex
Georgia-Pacific Building Products
Masisa
Swiss Krono Group
West Fraser
Louisiana-Pacific
Weyerhaeuser
Egger
Pfleiderer
Kastamonu Entegre
Langboard
Finsa
Tolko
West Fraser
GVK Novopan Industries
Vanachai Group
Siam Riso Wood Products
Dare Wood-Based Panels Group
Fujian Furen Home Technology
China Jilin Forest Industry Group
Chengdu Jianfeng Forestry Corportation
Fenglin Group
Chengxin Lithium Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wood Based Panel market?
What factors are driving Wood Based Panel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wood Based Panel market opportunities vary by end market size?
How does Wood Based Panel break out by Type, by Application?
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1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wood Based Panel Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Wood Based Panel by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Wood Based Panel by Country/Region, 2020, 2024 & 2031
2.2 Wood Based Panel Segment by Type
2.2.1 Particleboard (PB)
2.2.2 Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)
2.2.3 Hardboard
2.2.4 Oriented Strand Board (OSB)
2.2.5 Plywood
2.2.6 Others
2.3 Wood Based Panel Sales by Type
2.3.1 Global Wood Based Panel Sales Market Share by Type (2020-2025)
2.3.2 Global Wood Based Panel Revenue and Market Share by Type (2020-2025)
2.3.3 Global Wood Based Panel Sale Price by Type (2020-2025)
2.4 Wood Based Panel Segment by Application
2.4.1 Furniture
2.4.2 Construction
2.4.3 Flooring
2.4.4 Others
2.5 Wood Based Panel Sales by Application
2.5.1 Global Wood Based Panel Sale Market Share by Application (2020-2025)
2.5.2 Global Wood Based Panel Revenue and Market Share by Application (2020-2025)
2.5.3 Global Wood Based Panel Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Wood Based Panel Breakdown Data by Company
3.1.1 Global Wood Based Panel Annual Sales by Company (2020-2025)
3.1.2 Global Wood Based Panel Sales Market Share by Company (2020-2025)
3.2 Global Wood Based Panel Annual Revenue by Company (2020-2025)
3.2.1 Global Wood Based Panel Revenue by Company (2020-2025)
3.2.2 Global Wood Based Panel Revenue Market Share by Company (2020-2025)
3.3 Global Wood Based Panel Sale Price by Company
3.4 Key Manufacturers Wood Based Panel Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Wood Based Panel Product Location Distribution
3.4.2 Players Wood Based Panel Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Wood Based Panel by Geographic Region
4.1 World Historic Wood Based Panel Market Size by Geographic Region (2020-2025)
4.1.1 Global Wood Based Panel Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Wood Based Panel Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Wood Based Panel Market Size by Country/Region (2020-2025)
4.2.1 Global Wood Based Panel Annual Sales by Country/Region (2020-2025)
4.2.2 Global Wood Based Panel Annual Revenue by Country/Region (2020-2025)
4.3 Americas Wood Based Panel Sales Growth
4.4 APAC Wood Based Panel Sales Growth
4.5 Europe Wood Based Panel Sales Growth
4.6 Middle East & Africa Wood Based Panel Sales Growth
5 Americas
5.1 Americas Wood Based Panel Sales by Country
5.1.1 Americas Wood Based Panel Sales by Country (2020-2025)
5.1.2 Americas Wood Based Panel Revenue by Country (2020-2025)
5.2 Americas Wood Based Panel Sales by Type (2020-2025)
5.3 Americas Wood Based Panel Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wood Based Panel Sales by Region
6.1.1 APAC Wood Based Panel Sales by Region (2020-2025)
6.1.2 APAC Wood Based Panel Revenue by Region (2020-2025)
6.2 APAC Wood Based Panel Sales by Type (2020-2025)
6.3 APAC Wood Based Panel Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Wood Based Panel by Country
7.1.1 Europe Wood Based Panel Sales by Country (2020-2025)
7.1.2 Europe Wood Based Panel Revenue by Country (2020-2025)
7.2 Europe Wood Based Panel Sales by Type (2020-2025)
7.3 Europe Wood Based Panel Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wood Based Panel by Country
8.1.1 Middle East & Africa Wood Based Panel Sales by Country (2020-2025)
8.1.2 Middle East & Africa Wood Based Panel Revenue by Country (2020-2025)
8.2 Middle East & Africa Wood Based Panel Sales by Type (2020-2025)
8.3 Middle East & Africa Wood Based Panel Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Wood Based Panel
10.3 Manufacturing Process Analysis of Wood Based Panel
10.4 Industry Chain Structure of Wood Based Panel
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Wood Based Panel Distributors
11.3 Wood Based Panel Customer
12 World Forecast Review for Wood Based Panel by Geographic Region
12.1 Global Wood Based Panel Market Size Forecast by Region
12.1.1 Global Wood Based Panel Forecast by Region (2026-2031)
12.1.2 Global Wood Based Panel Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Wood Based Panel Forecast by Type (2026-2031)
12.7 Global Wood Based Panel Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Kronospan
13.1.1 Kronospan Company Information
13.1.2 Kronospan Wood Based Panel Product Portfolios and Specifications
13.1.3 Kronospan Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Kronospan Main Business Overview
13.1.5 Kronospan Latest Developments
13.2 Arauco
13.2.1 Arauco Company Information
13.2.2 Arauco Wood Based Panel Product Portfolios and Specifications
13.2.3 Arauco Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Arauco Main Business Overview
13.2.5 Arauco Latest Developments
13.3 Daiken New Zealand
13.3.1 Daiken New Zealand Company Information
13.3.2 Daiken New Zealand Wood Based Panel Product Portfolios and Specifications
13.3.3 Daiken New Zealand Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Daiken New Zealand Main Business Overview
13.3.5 Daiken New Zealand Latest Developments
13.4 Duratex
13.4.1 Duratex Company Information
13.4.2 Duratex Wood Based Panel Product Portfolios and Specifications
13.4.3 Duratex Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Duratex Main Business Overview
13.4.5 Duratex Latest Developments
13.5 Georgia-Pacific Building Products
13.5.1 Georgia-Pacific Building Products Company Information
13.5.2 Georgia-Pacific Building Products Wood Based Panel Product Portfolios and Specifications
13.5.3 Georgia-Pacific Building Products Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Georgia-Pacific Building Products Main Business Overview
13.5.5 Georgia-Pacific Building Products Latest Developments
13.6 Masisa
13.6.1 Masisa Company Information
13.6.2 Masisa Wood Based Panel Product Portfolios and Specifications
13.6.3 Masisa Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Masisa Main Business Overview
13.6.5 Masisa Latest Developments
13.7 Swiss Krono Group
13.7.1 Swiss Krono Group Company Information
13.7.2 Swiss Krono Group Wood Based Panel Product Portfolios and Specifications
13.7.3 Swiss Krono Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Swiss Krono Group Main Business Overview
13.7.5 Swiss Krono Group Latest Developments
13.8 West Fraser
13.8.1 West Fraser Company Information
13.8.2 West Fraser Wood Based Panel Product Portfolios and Specifications
13.8.3 West Fraser Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 West Fraser Main Business Overview
13.8.5 West Fraser Latest Developments
13.9 Louisiana-Pacific
13.9.1 Louisiana-Pacific Company Information
13.9.2 Louisiana-Pacific Wood Based Panel Product Portfolios and Specifications
13.9.3 Louisiana-Pacific Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Louisiana-Pacific Main Business Overview
13.9.5 Louisiana-Pacific Latest Developments
13.10 Weyerhaeuser
13.10.1 Weyerhaeuser Company Information
13.10.2 Weyerhaeuser Wood Based Panel Product Portfolios and Specifications
13.10.3 Weyerhaeuser Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Weyerhaeuser Main Business Overview
13.10.5 Weyerhaeuser Latest Developments
13.11 Egger
13.11.1 Egger Company Information
13.11.2 Egger Wood Based Panel Product Portfolios and Specifications
13.11.3 Egger Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Egger Main Business Overview
13.11.5 Egger Latest Developments
13.12 Pfleiderer
13.12.1 Pfleiderer Company Information
13.12.2 Pfleiderer Wood Based Panel Product Portfolios and Specifications
13.12.3 Pfleiderer Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Pfleiderer Main Business Overview
13.12.5 Pfleiderer Latest Developments
13.13 Kastamonu Entegre
13.13.1 Kastamonu Entegre Company Information
13.13.2 Kastamonu Entegre Wood Based Panel Product Portfolios and Specifications
13.13.3 Kastamonu Entegre Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Kastamonu Entegre Main Business Overview
13.13.5 Kastamonu Entegre Latest Developments
13.14 Langboard
13.14.1 Langboard Company Information
13.14.2 Langboard Wood Based Panel Product Portfolios and Specifications
13.14.3 Langboard Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Langboard Main Business Overview
13.14.5 Langboard Latest Developments
13.15 Finsa
13.15.1 Finsa Company Information
13.15.2 Finsa Wood Based Panel Product Portfolios and Specifications
13.15.3 Finsa Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Finsa Main Business Overview
13.15.5 Finsa Latest Developments
13.16 Tolko
13.16.1 Tolko Company Information
13.16.2 Tolko Wood Based Panel Product Portfolios and Specifications
13.16.3 Tolko Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Tolko Main Business Overview
13.16.5 Tolko Latest Developments
13.17 West Fraser
13.17.1 West Fraser Company Information
13.17.2 West Fraser Wood Based Panel Product Portfolios and Specifications
13.17.3 West Fraser Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 West Fraser Main Business Overview
13.17.5 West Fraser Latest Developments
13.18 GVK Novopan Industries
13.18.1 GVK Novopan Industries Company Information
13.18.2 GVK Novopan Industries Wood Based Panel Product Portfolios and Specifications
13.18.3 GVK Novopan Industries Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 GVK Novopan Industries Main Business Overview
13.18.5 GVK Novopan Industries Latest Developments
13.19 Vanachai Group
13.19.1 Vanachai Group Company Information
13.19.2 Vanachai Group Wood Based Panel Product Portfolios and Specifications
13.19.3 Vanachai Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Vanachai Group Main Business Overview
13.19.5 Vanachai Group Latest Developments
13.20 Siam Riso Wood Products
13.20.1 Siam Riso Wood Products Company Information
13.20.2 Siam Riso Wood Products Wood Based Panel Product Portfolios and Specifications
13.20.3 Siam Riso Wood Products Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 Siam Riso Wood Products Main Business Overview
13.20.5 Siam Riso Wood Products Latest Developments
13.21 Dare Wood-Based Panels Group
13.21.1 Dare Wood-Based Panels Group Company Information
13.21.2 Dare Wood-Based Panels Group Wood Based Panel Product Portfolios and Specifications
13.21.3 Dare Wood-Based Panels Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 Dare Wood-Based Panels Group Main Business Overview
13.21.5 Dare Wood-Based Panels Group Latest Developments
13.22 Fujian Furen Home Technology
13.22.1 Fujian Furen Home Technology Company Information
13.22.2 Fujian Furen Home Technology Wood Based Panel Product Portfolios and Specifications
13.22.3 Fujian Furen Home Technology Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 Fujian Furen Home Technology Main Business Overview
13.22.5 Fujian Furen Home Technology Latest Developments
13.23 China Jilin Forest Industry Group
13.23.1 China Jilin Forest Industry Group Company Information
13.23.2 China Jilin Forest Industry Group Wood Based Panel Product Portfolios and Specifications
13.23.3 China Jilin Forest Industry Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 China Jilin Forest Industry Group Main Business Overview
13.23.5 China Jilin Forest Industry Group Latest Developments
13.24 Chengdu Jianfeng Forestry Corportation
13.24.1 Chengdu Jianfeng Forestry Corportation Company Information
13.24.2 Chengdu Jianfeng Forestry Corportation Wood Based Panel Product Portfolios and Specifications
13.24.3 Chengdu Jianfeng Forestry Corportation Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Chengdu Jianfeng Forestry Corportation Main Business Overview
13.24.5 Chengdu Jianfeng Forestry Corportation Latest Developments
13.25 Fenglin Group
13.25.1 Fenglin Group Company Information
13.25.2 Fenglin Group Wood Based Panel Product Portfolios and Specifications
13.25.3 Fenglin Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 Fenglin Group Main Business Overview
13.25.5 Fenglin Group Latest Developments
13.26 Chengxin Lithium Group
13.26.1 Chengxin Lithium Group Company Information
13.26.2 Chengxin Lithium Group Wood Based Panel Product Portfolios and Specifications
13.26.3 Chengxin Lithium Group Wood Based Panel Sales, Revenue, Price and Gross Margin (2020-2025)
13.26.4 Chengxin Lithium Group Main Business Overview
13.26.5 Chengxin Lithium Group Latest Developments
14 Research Findings and Conclusion
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*If Applicable.
