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Europe Edge Banding Materials Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Material and Application

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    Report

  • 119 Pages
  • December 2022
  • Region: Europe
  • The Insight Partners
  • ID: 5715193
UP TO OFF until Mar 15th 2023
The edge banding materials market in Europe is expected to grow from US$ 489.03 million in 2022 to US$ 843.24 million by 2028. It is estimated to grow at a CAGR of 9.5% from 2022 to 2028.

Increasing Demand from Residential Furniture Industry

The residential furniture industry is booming with the rising number of residential construction projects. With the population growing across the region particularly in urban cities, real estate property prices have increased significantly. This has led to considerable reduction in available sizes of home. As available space is smaller, consumers look for furnishings that are compact and portable to allow for efficient use of the available space. Introduction of RTA and multi-functional furniture with storage facilities have gained popularity in the recent past. Many modern furniture come with storage spaces in beds, tables, and in entertainment consoles. Multi-functional sofas and recliner chairs can be folded and used as beds. Thus, there'ss a rise in demand for RTA and multi-functional furniture, which in turn, is expected to increase the growth of the residential furniture market regionally. Also, there has been a rise in the number of single and two-person households, indicating growth in residential construction projects. Moreover, during the COVID-19 pandemic, the increased practice of working and studying at home resulted in a surge in purchases of residential and office furniture. The aforementioned factors are driving the growth of the Europe edge banding material market.

Market Overview

Germany, France, Italy, the UK, Russia, and the Rest of Europe are the main countries in the edge banding materials market in Europe. Europe's construction sector has consistently expanded, fuelled by a rising population. Also, rapid shifts in the remodelling business trends, such as remodelling for accessibility, style mashing-up, customizations, and technological integrations, are likely to increase business expansion. The growth of the edge banding materials market has also been supported by increased government spending on infrastructure building. Under the Affordable Housing Initiative, the European Union has planned to double renovation rates in the European Union by breaking down long-standing barriers to energy and resource-efficient renovation as well as improving reuse and recycling. Further, according to the report published by Eurostat, after a significant slump during the height of the COVID-19 pandemic and market instability, European Union house sales rebounded significantly in 2021. Between the end of 2021 and the start of 2022, there was a 13.9% increase in house sales in Belgium. Compared to 2020, house sales increased by 16.9% last year. The average value of housing transactions rose 25.6% last year, higher than the EU average of 20%. The expanding residential housing sector is expected to propel the demand for edge banding materials in Europe.

Europe Edge Banding Materials Market Segmentation

The Europe edge banding materials market is segmented into by material, application, and country.
  • Based on material, the market is segmented into plastic, wood, metals and others. By plastic material, the market sub segmented into PVC, ABS, acrylic, and other plastics. The plastics segment registered the largest market share in 2022.
  • Based on application, the market is segmented into residential and commercial & industrial. The residential segment held the larger market share in 2022.
  • Based on country, the market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. Germany dominated the market share in 2022.
Product Resources, Inc.; SURTECO GmbH; Aero-Plastics Inc.; Lignadecor Uretim Ve Pazarlama AS; and REHAU Inc. are the leading companies operating in the edge banding materials market in the region.
Frequently Asked Questions about the European Edge Banding Materials Market

What is the estimated value of the European Edge Banding Materials Market?

The European Edge Banding Materials Market was estimated to be valued at $489.03 Million in 2022.

What is the growth rate of the European Edge Banding Materials Market?

The growth rate of the European Edge Banding Materials Market is 9.5%, with an estimated value of $843.24 Million by 2028.

What is the forecasted size of the European Edge Banding Materials Market?

The European Edge Banding Materials Market is estimated to be worth $843.24 Million by 2028.

Who are the key companies in the European Edge Banding Materials Market?

Key companies in the European Edge Banding Materials Market include Product Resources, Inc., SURTECO GmbH, Aero, Plastics Inc and REHAU Inc.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Edge Banding Materials Market - by Material
1.3.2 Europe Edge Banding Materials Market-by Application
1.3.3 Europe Edge Banding Materials Market-by Country

2. Key Takeaways

3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:

4. Europe Edge Banding Materials Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Expert Opinion

5. Europe Edge Banding Materials Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 High Aesthetics Appeal of Wood-Based Edge Banding
5.1.2 Increasing Demand from Residential Furniture Industry
5.2 Market Restraints
5.2.1 Adverse Effects of Plastic Products on Environment
5.3 Market Opportunities
5.3.1 Resurgence of Commercial, Institutional, and Industrial Sectors
5.4 Future Trends
5.4.1 Growing Interest in Eco-Friendly Products
5.5 Impact Analysis

6. Edge Banding Materials - Europe Market Analysis
6.1 Europe Edge Banding Materials Market Overview
6.2 Europe Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
6.3 Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)

7. Europe Edge Banding Materials Market Analysis - By Material
7.1 Overview
7.2 Europe Edge Banding Materials Market, By Material (2021 and 2028)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: Europe Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.3.3 Plastic: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.4 PVC
7.3.4.1 Overview
7.3.4.2 PVC: Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.4.3 PVC: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.5 ABS
7.3.5.1 Overview
7.3.5.2 ABS: Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.5.3 ABS: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.6 Acrylic
7.3.6.1 Overview
7.3.6.2 Acrylic: Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.6.3 Acrylic: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.7 Other Plastics
7.3.7.1 Overview
7.3.7.2 Other Plastics: Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.7.3 Other Plastics: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Wood
7.4.1 Overview
7.4.2 Wood: Europe Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.4.3 Wood: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Metal
7.5.1 Overview
7.5.2 Metal: Europe Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.5.3 Metal: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.6.3 Others: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)

8. Europe Edge Banding Materials Market Analysis - By Application
8.1 Overview
8.2 Europe Edge Banding Materials Market, By Application (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Commercial and Industrial
8.4.1 Overview
8.4.2 Commercial and Industrial: Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)

9. Europe Edge Banding Materials Market - Country Analysis
9.1 Europe: Edge Banding Materials Market
9.1.1 Europe: Edge Banding Materials Market, by Key Country
9.1.1.1 Germany: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.1 Germany: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Germany: Edge Banding Materials Market, by Material
9.1.2.1.2 Germany: Edge Banding Materials Market, by Material
9.1.2.1.3 Germany: Edge Banding Materials Market, by Application
9.1.2.2 France: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.3 France: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 France: Edge Banding Materials Market, by Material
9.1.2.3.2 France: Edge Banding Materials Market, by Material
9.1.2.3.3 France: Edge Banding Materials Market, by Application
9.1.2.4 United Kingdom: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.5 United Kingdom: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 United Kingdom: Edge Banding Materials Market, by Material
9.1.2.5.2 United Kingdom: Edge Banding Materials Market, by Material
9.1.2.5.3 United Kingdom: Edge Banding Materials Market, by Application
9.1.2.6 Italy: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.7 Italy: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.7.1 Italy: Edge Banding Materials Market, by Material
9.1.2.7.2 Italy: Edge Banding Materials Market, by Material
9.1.2.7.3 Italy: Edge Banding Materials Market, by Application
9.1.2.8 Russia: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.9 Russia: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.9.1 Russia: Edge Banding Materials Market, by Material
9.1.2.9.2 Russia: Edge Banding Materials Market, by Material
9.1.2.9.3 Russia: Edge Banding Materials Market, by Application
9.1.2.10 Rest of Europe: Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
9.1.2.11 Rest of Europe: Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.11.1 Rest of Europe: Edge Banding Materials Market, by Material
9.1.2.11.2 Rest of Europe: Edge Banding Materials Market, by Material
9.1.2.11.3 Rest of Europe: Edge Banding Materials Market, by Application

10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition

11. Company Profiles
11.1 Product Resources, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 SURTECO GmbH
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Aero-Plastics Inc
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Lignadecor Uretim Ve Pazarlama AS
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 REHAU Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments

12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms

List of Tables
Table 1. Europe Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
Table 3. Europe Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 4. Europe Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 5. Europe Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 6. Germany Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 7. Germany Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 8. Germany Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 9. France Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 10. France Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 11. France Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 12. United Kingdom Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 13. United Kingdom Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 14. United Kingdom Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 15. Italy Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 16. Italy Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 17. Italy Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 18. Russia : Edge Banding Materials Market, by Material- Volume and Forecast to 2028 (Million Meter)
Table 19. Russia : Edge Banding Materials Market, by Material- Revenue and Forecast to 2028 (USD Million)
Table 20. Russia : Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 21. Rest of Europe Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 22. Rest of Europe Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Europe Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 24. Glossary of Terms, Europe Edge Banding Materials Market

List of Figures
Figure 1. Europe Edge Banding Materials Market Segmentation
Figure 2. Europe Edge Banding Materials Market Segmentation - By Country
Figure 3. Europe Edge Banding Materials Market Overview
Figure 4. Europe Edge Banding Materials Market, By Material
Figure 5. Europe Edge Banding Materials Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Europe Edge Banding Materials Market Impact Analysis of Drivers and Restraints
Figure 9. Europe Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Europe Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
Figure 11. Europe: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 12. Plastic: Europe Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 13. Plastic: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 14. PVC: Europe Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 15. PVC: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 16. ABS: Europe Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 17. ABS: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Acrylic: Europe Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 19. Acrylic: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others Plastics: Europe Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 21. Others Plastics: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Wood: Europe Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 23. Wood: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Metal: Europe Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 25. Metal: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Others: Europe Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 27. Others: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Europe: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 29. Residential: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Commercial and Industrial: Europe Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 31. Europe: Edge Banding Materials Market- Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Edge Banding Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 33. Germany: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 34. Germany: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 35. France: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 36. France: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 37. United Kingdom: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 38. United Kingdom: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 39. Italy: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 40. Italy: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 41. Russia: Edge Banding Materials Market- Volume and Forecast to 2028 (Million Meter)
Figure 42. Russia: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 43. Rest of Europe: Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
Figure 44. Rest of Europe: Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Product Resources, Inc.
  • SURTECO GmbH
  • Aero-Plastics Inc
  • Lignadecor Uretim Ve Pazarlama AS
  • REHAU Inc