Global Wood-Based Panels Market Overview:
The rising number of residential rental property repairs, renovations, and additions, the development of advanced infrastructure in emerging economies, the growing global population, the expansion of the construction industry, and public-private partnerships are some of the factors that will likely boost the growth of the wood-based panels market in the forecast period. On the other hand, advancements in technology will continue to open up new opportunities for the growth of the wood-based panel market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing R&D Activities to Develop Cost-effective and High-performance Wood-based Panels
Market Growth Drivers:
High Demand due to Low Product Cost coupled with Superior Properties including Strength and Durability and Development of Advanced Infrastructure in Developing Economies
Challenges:
Stringent Government Regulations
Restraints:
Volatility in the Prices of Raw Material
Opportunities:
Rising Investments in Residential and Commercial Construction Activities and Increasing Public-private Partnerships for the Development of the Construction Sector in Emerging Economies
Competitive Landscape:
The Market for the Wood-Based Panel is fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Some of the key players profiled in the report are ARAUCO (Chile), Binderholz GmbH (Austria), Dongwha Group (South Korea), EGGER Group (Austria), Georgia-Pacific Wood Products LLC (United States), Kastamonu Entegre (Turkey), Kronoplus Limited (United Kingdom), Lin Shi Tong Wood Co. Ltd. (China), Louisiana-Pacific Corporation (United States), West Fraser (Canada) and Weyerhaeuser Company (United States). Analyst at AMA Research see Global Manufacturers to retain maximum share of Global Wood-Based Panels market by 2027.
Latest Market Insights:
In April 2019, CanWel Building Materials Group Ltd. acquired Lignum Forest Products LLP, a distributor of lumber and forest products.
What Can be Explored with the Wood-Based Panels Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Wood-Based Panels Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Wood-Based Panels
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wood-Based Panels market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Wood-Based Panels market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Wood-Based Panel Manufacturers, Analysts and Strategic Business Planners and Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.