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.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 234 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 160.4 Billion |
Forecasted Market Value ( USD | $ 224.4 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |