Laminated Particle Boards Market was valued at USD 15.2 Billion in 2022 and is projected to reach USD 22.5 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The global Laminated Particle Boards market was valued at approximately USD 31.2 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of around 6.5% from 2023 to 2030, reaching an estimated USD 49.6 billion by the end of the forecast period. This growth trajectory reflects increasing demand for durable, cost-effective, and aesthetically pleasing materials in the furniture and construction industries. The rising trend in urbanization, coupled with an increasing preference for sustainable building materials, is driving the market expansion.
Opportunity analysis indicates that emerging markets in Asia-Pacific and Latin America present significant growth prospects. Factors such as rapid urbanization, industrialization, and rising disposable incomes in these regions are contributing to the increasing adoption of laminated particle boards. Additionally, advancements in production technologies and innovations in board design offer new avenues for market players to explore. The expanding residential and commercial construction sectors further bolster market opportunities, positioning the laminated particle boards market for substantial growth in the coming years.
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Kronospan
DareGlobal Wood
ARAUCO
Kastamonu Entegre
Plummer Forest Products
Evergreen Group
Associate Decor
Integrated Wood Components Inc.
PB China
Royal Plywood Company
Segezga Group
Panel Plus
Kopine
Tafisa Canada
SWISS KRONO
Dew River
Roseburg
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Laminated Particle Boards Market
Furniture and interior decoration
Ceiling and wall paneling
Partition walls
Doors
Flooring
Based on Types the Market is categorized into Below types that held the largest Laminated Particle Boards market share In 2023.
Raw Particleboard
Fire Resistant Particleboard
Moisture Resistant Particleboard
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Laminated Particle Boards Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Laminated Particle Boards Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Laminated Particle Boards Market, By Type
6. Global Laminated Particle Boards Market, By Application
7. Global Laminated Particle Boards Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Laminated Particle Boards Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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