The global market for Wood Based Panel was valued at US$ 105470 million in the year 2024 and is projected to reach a revised size of US$ 174880 million by 2031, growing at a CAGR of 7.6% during the forecast period.
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.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Wood Based Panel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Wood Based Panel.
The Wood Based Panel market size, estimations, and forecasts are provided in terms of output/shipments (K Cubic Meter) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Wood Based Panel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Wood Based Panel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
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
by Type
Particleboard (PB)
Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)
Hardboard
Oriented Strand Board (OSB)
Plywood
Others
by Application
Furniture
Construction
Flooring
Others
Production by Region
North America
Europe
China
Japan
Southeast Asia
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Wood Based Panel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Wood Based Panel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Wood Based Panel in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Wood Based Panel Market Overview
1.1 Product Definition
1.2 Wood Based Panel by Type
1.2.1 Global Wood Based Panel Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Particleboard (PB)
1.2.3 Medium Density Fiberboard (MDF)/ High Density Fiberboard (HDF)
1.2.4 Hardboard
1.2.5 Oriented Strand Board (OSB)
1.2.6 Plywood
1.2.7 Others
1.3 Wood Based Panel by Application
1.3.1 Global Wood Based Panel Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Furniture
1.3.3 Construction
1.3.4 Flooring
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Wood Based Panel Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Wood Based Panel Production Estimates and Forecasts (2020-2031)
1.4.4 Global Wood Based Panel Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Wood Based Panel Production Market Share by Manufacturers (2020-2025)
2.2 Global Wood Based Panel Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Wood Based Panel, Industry Ranking, 2023 VS 2024
2.4 Global Wood Based Panel Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Wood Based Panel Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Wood Based Panel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Wood Based Panel, Product Offered and Application
2.8 Global Key Manufacturers of Wood Based Panel, Date of Enter into This Industry
2.9 Wood Based Panel Market Competitive Situation and Trends
2.9.1 Wood Based Panel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Wood Based Panel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Wood Based Panel Production by Region
3.1 Global Wood Based Panel Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Wood Based Panel Production Value by Region (2020-2031)
3.2.1 Global Wood Based Panel Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Wood Based Panel by Region (2026-2031)
3.3 Global Wood Based Panel Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Wood Based Panel Production Volume by Region (2020-2031)
3.4.1 Global Wood Based Panel Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Wood Based Panel by Region (2026-2031)
3.5 Global Wood Based Panel Market Price Analysis by Region (2020-2025)
3.6 Global Wood Based Panel Production and Value, Year-over-Year Growth
3.6.1 North America Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
3.6.5 Southeast Asia Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Wood Based Panel Production Value Estimates and Forecasts (2020-2031)
4 Wood Based Panel Consumption by Region
4.1 Global Wood Based Panel Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Wood Based Panel Consumption by Region (2020-2031)
4.2.1 Global Wood Based Panel Consumption by Region (2020-2025)
4.2.2 Global Wood Based Panel Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Wood Based Panel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Wood Based Panel Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Wood Based Panel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Wood Based Panel Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Wood Based Panel Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Wood Based Panel Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Wood Based Panel Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Wood Based Panel Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Wood Based Panel Production by Type (2020-2031)
5.1.1 Global Wood Based Panel Production by Type (2020-2025)
5.1.2 Global Wood Based Panel Production by Type (2026-2031)
5.1.3 Global Wood Based Panel Production Market Share by Type (2020-2031)
5.2 Global Wood Based Panel Production Value by Type (2020-2031)
5.2.1 Global Wood Based Panel Production Value by Type (2020-2025)
5.2.2 Global Wood Based Panel Production Value by Type (2026-2031)
5.2.3 Global Wood Based Panel Production Value Market Share by Type (2020-2031)
5.3 Global Wood Based Panel Price by Type (2020-2031)
6 Segment by Application
6.1 Global Wood Based Panel Production by Application (2020-2031)
6.1.1 Global Wood Based Panel Production by Application (2020-2025)
6.1.2 Global Wood Based Panel Production by Application (2026-2031)
6.1.3 Global Wood Based Panel Production Market Share by Application (2020-2031)
6.2 Global Wood Based Panel Production Value by Application (2020-2031)
6.2.1 Global Wood Based Panel Production Value by Application (2020-2025)
6.2.2 Global Wood Based Panel Production Value by Application (2026-2031)
6.2.3 Global Wood Based Panel Production Value Market Share by Application (2020-2031)
6.3 Global Wood Based Panel Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Kronospan
7.1.1 Kronospan Wood Based Panel Company Information
7.1.2 Kronospan Wood Based Panel Product Portfolio
7.1.3 Kronospan Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Kronospan Main Business and Markets Served
7.1.5 Kronospan Recent Developments/Updates
7.2 Arauco
7.2.1 Arauco Wood Based Panel Company Information
7.2.2 Arauco Wood Based Panel Product Portfolio
7.2.3 Arauco Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Arauco Main Business and Markets Served
7.2.5 Arauco Recent Developments/Updates
7.3 Daiken New Zealand
7.3.1 Daiken New Zealand Wood Based Panel Company Information
7.3.2 Daiken New Zealand Wood Based Panel Product Portfolio
7.3.3 Daiken New Zealand Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Daiken New Zealand Main Business and Markets Served
7.3.5 Daiken New Zealand Recent Developments/Updates
7.4 Duratex
7.4.1 Duratex Wood Based Panel Company Information
7.4.2 Duratex Wood Based Panel Product Portfolio
7.4.3 Duratex Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Duratex Main Business and Markets Served
7.4.5 Duratex Recent Developments/Updates
7.5 Georgia-Pacific Building Products
7.5.1 Georgia-Pacific Building Products Wood Based Panel Company Information
7.5.2 Georgia-Pacific Building Products Wood Based Panel Product Portfolio
7.5.3 Georgia-Pacific Building Products Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Georgia-Pacific Building Products Main Business and Markets Served
7.5.5 Georgia-Pacific Building Products Recent Developments/Updates
7.6 Masisa
7.6.1 Masisa Wood Based Panel Company Information
7.6.2 Masisa Wood Based Panel Product Portfolio
7.6.3 Masisa Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Masisa Main Business and Markets Served
7.6.5 Masisa Recent Developments/Updates
7.7 Swiss Krono Group
7.7.1 Swiss Krono Group Wood Based Panel Company Information
7.7.2 Swiss Krono Group Wood Based Panel Product Portfolio
7.7.3 Swiss Krono Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Swiss Krono Group Main Business and Markets Served
7.7.5 Swiss Krono Group Recent Developments/Updates
7.8 West Fraser
7.8.1 West Fraser Wood Based Panel Company Information
7.8.2 West Fraser Wood Based Panel Product Portfolio
7.8.3 West Fraser Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.8.4 West Fraser Main Business and Markets Served
7.8.5 West Fraser Recent Developments/Updates
7.9 Louisiana-Pacific
7.9.1 Louisiana-Pacific Wood Based Panel Company Information
7.9.2 Louisiana-Pacific Wood Based Panel Product Portfolio
7.9.3 Louisiana-Pacific Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Louisiana-Pacific Main Business and Markets Served
7.9.5 Louisiana-Pacific Recent Developments/Updates
7.10 Weyerhaeuser
7.10.1 Weyerhaeuser Wood Based Panel Company Information
7.10.2 Weyerhaeuser Wood Based Panel Product Portfolio
7.10.3 Weyerhaeuser Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Weyerhaeuser Main Business and Markets Served
7.10.5 Weyerhaeuser Recent Developments/Updates
7.11 Egger
7.11.1 Egger Wood Based Panel Company Information
7.11.2 Egger Wood Based Panel Product Portfolio
7.11.3 Egger Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Egger Main Business and Markets Served
7.11.5 Egger Recent Developments/Updates
7.12 Pfleiderer
7.12.1 Pfleiderer Wood Based Panel Company Information
7.12.2 Pfleiderer Wood Based Panel Product Portfolio
7.12.3 Pfleiderer Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Pfleiderer Main Business and Markets Served
7.12.5 Pfleiderer Recent Developments/Updates
7.13 Kastamonu Entegre
7.13.1 Kastamonu Entegre Wood Based Panel Company Information
7.13.2 Kastamonu Entegre Wood Based Panel Product Portfolio
7.13.3 Kastamonu Entegre Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Kastamonu Entegre Main Business and Markets Served
7.13.5 Kastamonu Entegre Recent Developments/Updates
7.14 Langboard
7.14.1 Langboard Wood Based Panel Company Information
7.14.2 Langboard Wood Based Panel Product Portfolio
7.14.3 Langboard Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Langboard Main Business and Markets Served
7.14.5 Langboard Recent Developments/Updates
7.15 Finsa
7.15.1 Finsa Wood Based Panel Company Information
7.15.2 Finsa Wood Based Panel Product Portfolio
7.15.3 Finsa Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Finsa Main Business and Markets Served
7.15.5 Finsa Recent Developments/Updates
7.16 Tolko
7.16.1 Tolko Wood Based Panel Company Information
7.16.2 Tolko Wood Based Panel Product Portfolio
7.16.3 Tolko Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Tolko Main Business and Markets Served
7.16.5 Tolko Recent Developments/Updates
7.17 West Fraser
7.17.1 West Fraser Wood Based Panel Company Information
7.17.2 West Fraser Wood Based Panel Product Portfolio
7.17.3 West Fraser Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.17.4 West Fraser Main Business and Markets Served
7.17.5 West Fraser Recent Developments/Updates
7.18 GVK Novopan Industries
7.18.1 GVK Novopan Industries Wood Based Panel Company Information
7.18.2 GVK Novopan Industries Wood Based Panel Product Portfolio
7.18.3 GVK Novopan Industries Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.18.4 GVK Novopan Industries Main Business and Markets Served
7.18.5 GVK Novopan Industries Recent Developments/Updates
7.19 Vanachai Group
7.19.1 Vanachai Group Wood Based Panel Company Information
7.19.2 Vanachai Group Wood Based Panel Product Portfolio
7.19.3 Vanachai Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.19.4 Vanachai Group Main Business and Markets Served
7.19.5 Vanachai Group Recent Developments/Updates
7.20 Siam Riso Wood Products
7.20.1 Siam Riso Wood Products Wood Based Panel Company Information
7.20.2 Siam Riso Wood Products Wood Based Panel Product Portfolio
7.20.3 Siam Riso Wood Products Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.20.4 Siam Riso Wood Products Main Business and Markets Served
7.20.5 Siam Riso Wood Products Recent Developments/Updates
7.21 Dare Wood-Based Panels Group
7.21.1 Dare Wood-Based Panels Group Wood Based Panel Company Information
7.21.2 Dare Wood-Based Panels Group Wood Based Panel Product Portfolio
7.21.3 Dare Wood-Based Panels Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.21.4 Dare Wood-Based Panels Group Main Business and Markets Served
7.21.5 Dare Wood-Based Panels Group Recent Developments/Updates
7.22 Fujian Furen Home Technology
7.22.1 Fujian Furen Home Technology Wood Based Panel Company Information
7.22.2 Fujian Furen Home Technology Wood Based Panel Product Portfolio
7.22.3 Fujian Furen Home Technology Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.22.4 Fujian Furen Home Technology Main Business and Markets Served
7.22.5 Fujian Furen Home Technology Recent Developments/Updates
7.23 China Jilin Forest Industry Group
7.23.1 China Jilin Forest Industry Group Wood Based Panel Company Information
7.23.2 China Jilin Forest Industry Group Wood Based Panel Product Portfolio
7.23.3 China Jilin Forest Industry Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.23.4 China Jilin Forest Industry Group Main Business and Markets Served
7.23.5 China Jilin Forest Industry Group Recent Developments/Updates
7.24 Chengdu Jianfeng Forestry Corportation
7.24.1 Chengdu Jianfeng Forestry Corportation Wood Based Panel Company Information
7.24.2 Chengdu Jianfeng Forestry Corportation Wood Based Panel Product Portfolio
7.24.3 Chengdu Jianfeng Forestry Corportation Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.24.4 Chengdu Jianfeng Forestry Corportation Main Business and Markets Served
7.24.5 Chengdu Jianfeng Forestry Corportation Recent Developments/Updates
7.25 Fenglin Group
7.25.1 Fenglin Group Wood Based Panel Company Information
7.25.2 Fenglin Group Wood Based Panel Product Portfolio
7.25.3 Fenglin Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.25.4 Fenglin Group Main Business and Markets Served
7.25.5 Fenglin Group Recent Developments/Updates
7.26 Chengxin Lithium Group
7.26.1 Chengxin Lithium Group Wood Based Panel Company Information
7.26.2 Chengxin Lithium Group Wood Based Panel Product Portfolio
7.26.3 Chengxin Lithium Group Wood Based Panel Production, Value, Price and Gross Margin (2020-2025)
7.26.4 Chengxin Lithium Group Main Business and Markets Served
7.26.5 Chengxin Lithium Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Wood Based Panel Industry Chain Analysis
8.2 Wood Based Panel Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Wood Based Panel Production Mode & Process Analysis
8.4 Wood Based Panel Sales and Marketing
8.4.1 Wood Based Panel Sales Channels
8.4.2 Wood Based Panel Distributors
8.5 Wood Based Panel Customer Analysis
9 Wood Based Panel Market Dynamics
9.1 Wood Based Panel Industry Trends
9.2 Wood Based Panel Market Drivers
9.3 Wood Based Panel Market Challenges
9.4 Wood Based Panel Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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
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*If Applicable.
