According to Gen Consulting Company, the global wood based panel market is set to achieve an incremental growth of 73.0 million cubic meters, acelerating at a CAGR of almost 3% during the forecast period 2022-2028.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global wood based panel market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the wood based panel industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product type, application, and region. The global market for wood based panel can be segmented by product type: medium-density fiberboard (MDF) and high-density fiberboard (HDF), oriented strand board (OSB), particleboard, hardboard, plywood, others. According to the research, the plywood segment had the largest share in the global wood based panel market. Wood based panel market is further segmented by application: furniture, construction, packaging, others. In 2021, the furniture segment made up the largest share of the wood based panel market. Based on region, the wood based panel market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the largest share of the market in 2021.

The furniture market is further segmented into residential, commercial, others. Gen Consulting Company research indicates that the residential segment occupied the largest share of this market in 2021 and is expected to draw the highest demand in coming years. Furthermore, the construction market has been categorized into door, wall, floor and roof, others. Globally, the door segment made up the largest share of the wood based panel market.

Market Segmentation
By product type: medium-density fiberboard (MDF) and high-density fiberboard (HDF), oriented strand board (OSB), particleboard, hardboard, plywood, others
By application: furniture, construction, packaging, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including Celulosa Arauco y Constitucion, Century Plyboards Ltd., Dexco SA, Dongwha Group, Egger Group, Georgia-Pacific LLC, Greenpanel Industries Ltd., Kronoplus Limited, Louisiana-Pacific Corporation, Roseburg Forest Products Co, Swiss Krono Group, The Pfleiderer GmbH, among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global wood based panel market.
– To classify and forecast the global wood based panel market based on product type, application, region.
– To identify drivers and challenges for the global wood based panel market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global wood based panel market.
– To identify and analyze the profile of leading players operating in the global wood based panel market.

Why Choose This Report
– Gain a reliable outlook of the global wood based panel market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.