Medium-density Fiberboard Market
Medium-density Fiberboard Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0809
Segments Covered
By
Product Cabinet, Flooring, Furniture, Molding, Door, and Millwork, Packaging System, Other Applications
-
By
Application Residential, Commercial, Institutional
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
24.1 Billion |
 Revenue 2028:
|
40.19 Billion |
 Revenue CAGR
(2021 - 2028): |
6.6 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Product
Analysis: Preview On the basis of Product,
the market is segmented into Cabinet, Flooring, Furniture, Molding, Door, and Millwork, Packaging System, Other Applications,. Flooring held the highest
share in the global Medium-density Fiberboard
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. Application
Analysis: Preview
Based on Application,
the market is segmented into Residential, Commercial, Institutional,. Industrial accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Medium-density Fiberboard Market: Product Segment Analysis
-
- Cabinet
- Flooring
- Furniture
- Molding
- Door
- and Millwork
- Packaging System
- Other Applications
Global Medium-density Fiberboard Market: Application Segment Analysis
-
- Residential
- Commercial
- Institutional
FAQ
Frequently Asked Question
What is the global demand for Medium-density Fiberboard in terms of revenue?
-
The global Medium-density Fiberboard valued at 24.1 Billion in 2020 and is expected to reach 40.19 Billion in 2028 growing at a CAGR of 6.6%.
Which are the prominent players in the market?
-
The prominent players in the market are Nelson Pine Industries Limited, Weyerheause Company, Dare Wood Based Panel Group.Ltd, Korosten MDF manufacture, Eucatex SA, Norbord Inc., Sonae Industra, Fantonl SpA, Masia, West Fraser, Arauco, Roseburg, Kastamonu Entegre, Swiss Korono, DAIKEN CORPORATION, Kronospan, EGGER Group..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 6.6% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Medium-density Fiberboard include
- The rising product application in the furniture and construction applications is expected to boost the product demand over the forecast period.
- The expansion of office infrastructure by companies to compete in the global market is driving the demand for furniture and interior design materials thereby, having a positive impact on the product demand creating a huge demand for the market.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Medium-density Fiberboard in 2020.
