Wood Panels - Global Strategic Business Report

Global Wood Panels Market to Reach $224.4 Billion by 2030

The global market for Wood Panels estimated at US$160.4 Billion in the year 2022, is projected to reach a revised size of US$224.4 Billion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030. Plywood, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$88.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Particleboard segment is readjusted to a revised 4.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $43.7 Billion, While China is Forecast to Grow at 7.2% CAGR

The Wood Panels market in the U.S. is estimated at US$43.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$47.1 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$30 Billion by the year 2030.

Select Competitors (Total 123 Featured) -

• Boise Cascade Company
• Caledonian Plywood Company Ltd.
• Canfor Corporation
• Duratex SA
• Fletcher Building Limited
• FRITZ EGGER GmbH & Co. OG
• Gascogne SA
• Georgia-Pacific LLC
• Kastamonu Entegre Agaç Sanayi ve Ticaret A.S.
• Kronospan Limited
• Mohawk Industries, Inc.
• Norbord Inc.
• Pfleiderer Group Spólka Akcyjna
• PotlatchDeltic Corporation
• Rougier S.A.
• Sonae Indústria
• Svenska Cellulosa Aktiebolaget
• Tolko Industries Ltd.
• UPM-Kymmene Oyj
• West Fraser Timber Co. Ltd.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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