Medium Density Fiberboard Market By Product type, By Application, By End-User: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: MEDIUM DENSITY FIBERBOARD (MDF) MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Standard MDF
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Moisture-Resistant MDF
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Fire-Resistant MDF
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: MEDIUM DENSITY FIBERBOARD (MDF) MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Cabinet
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Flooring
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Furniture
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Molding, Door, and Millwork
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6 Packaging System
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7 Others
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country

CHAPTER 6: MEDIUM DENSITY FIBERBOARD (MDF) MARKET, BY END-USER
6.1 Overview
6.1.1 Market size and forecast
6.2 Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4 Institutional
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country

CHAPTER 7: MEDIUM DENSITY FIBERBOARD (MDF) MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End-User
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Product type
7.2.5.1.3 Market size and forecast, by Application
7.2.5.1.4 Market size and forecast, by End-User
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Product type
7.2.5.2.3 Market size and forecast, by Application
7.2.5.2.4 Market size and forecast, by End-User
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Product type
7.2.5.3.3 Market size and forecast, by Application
7.2.5.3.4 Market size and forecast, by End-User
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End-User
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Product type
7.3.5.1.3 Market size and forecast, by Application
7.3.5.1.4 Market size and forecast, by End-User
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Product type
7.3.5.2.3 Market size and forecast, by Application
7.3.5.2.4 Market size and forecast, by End-User
7.3.5.3 UK
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Product type
7.3.5.3.3 Market size and forecast, by Application
7.3.5.3.4 Market size and forecast, by End-User
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Product type
7.3.5.4.3 Market size and forecast, by Application
7.3.5.4.4 Market size and forecast, by End-User
7.3.5.5 Rest of Europe
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Product type
7.3.5.5.3 Market size and forecast, by Application
7.3.5.5.4 Market size and forecast, by End-User
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End-User
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Product type
7.4.5.1.3 Market size and forecast, by Application
7.4.5.1.4 Market size and forecast, by End-User
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Product type
7.4.5.2.3 Market size and forecast, by Application
7.4.5.2.4 Market size and forecast, by End-User
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Product type
7.4.5.3.3 Market size and forecast, by Application
7.4.5.3.4 Market size and forecast, by End-User
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Product type
7.4.5.4.3 Market size and forecast, by Application
7.4.5.4.4 Market size and forecast, by End-User
7.4.5.5 Rest of Asia-Pacific
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Product type
7.4.5.5.3 Market size and forecast, by Application
7.4.5.5.4 Market size and forecast, by End-User
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End-User
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Product type
7.5.5.1.3 Market size and forecast, by Application
7.5.5.1.4 Market size and forecast, by End-User
7.5.5.2 Middle East
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Product type
7.5.5.2.3 Market size and forecast, by Application
7.5.5.2.4 Market size and forecast, by End-User
7.5.5.3 Africa
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Product type
7.5.5.3.3 Market size and forecast, by Application
7.5.5.3.4 Market size and forecast, by End-User

CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments

CHAPTER 9: COMPANY PROFILES
9.1 Kronospan Limited
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Egger Holzwerkstoffe GmbH
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 West Fraser Timber Co. Ltd.
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Kastamonu Entegre
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Arauco and Constitution Pulp Inc.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Greenpanel Industries Limited
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Korosten MDF manufacture
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Dare Panel Group Co. Ltd
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Uniboard
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Century Prowud
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Medium Density Fiberboard (MDF) Market,' the medium density fiberboard (MDF) market size was valued at $53.9 billion in 2021, and is estimated to reach $96.5 billion by 2031, growing at a CAGR of 6% from 2022 to 2031. The demand for furniture has increased in the past decade, owing to rise in number of homes. In addition, rising work-from-home culture is also contributing to rising demand for furniture. Furthermore, as a result of rapid urbanization and population growth, the number of residential and non-residential buildings is increasing, especially in urban areas. Since, medium density fiberboard (MDF) is used significantly in making furniture, cabinets, doors, boxes, and interior designing elements of homes, the growth in demand for buildings and furniture is driving demand for medium density fiberboard (MDF).

Commonly observed product types of medium density fiberboard (MDF) are standard MDF, moisture-resistant MDF, and fire-resistant MDF. Among these, the standard MDF segment accounted for the highest market share in 2021, owing to its relative inexpensiveness, and wide scale availability. The market is analyzed with respect to different applications in cabinet flooring, furniture, molding, door, and millwork, packaging system, and others. The furniture segment registered highest revenue in 2021, owing to high demand for MDF furniture. On the basis of end user, the market is categorized into residential, commercial, and institutional. The market is mainly driven by rise in building construction activities and rise in demand for furniture. However, fluctuating cost of raw materials used for making medium density fiberboard (MDF), and health concerns associated MDF have the potential to limit medium density fiberboard (MDF) market growth.

In 2021, Asia-Pacific dominated the global medium density fiberboard (MDF) market share, in terms of revenue, followed by Europe and LAMEA. Moreover, the market in Asia-Pacific is expected to grow with a highest CAGR, owing to growth in number of residential and commercial buildings and increasing demand for furniture.

Furthermore, medium density fiberboard (MDF) manufacturers are adopting various development strategies to remain competitive in the market. For instance, in March 2021, Kastamonu Entegre, a leading manufacturer of the wood processing industry in Russia, expanded the production capacity of its existing facility to produce more MDF boards. After this expansion, the total volume of laminate produced by the company is expected to be 45 million M2 per year.

However, during the pandemic lockdown, various manufacturers in the medium density fiberboard (MDF) market had to stop their business in countries, such as China, the U.S., and India. This break directly impacted sales of medium density fiberboard (MDF) manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for medium density fiberboard (MDF); thus, negatively influencing the growth of the market. Conversely, after two years of the COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

Key Findings Of The Study

The report provides an extensive analysis of the current and emerging medium density fiberboard (MDF) market trends and dynamics.

Depending on product type, the standard MDF segment dominated the medium density fiberboard (MDF) market, in terms of revenue in 2021 and the fire-resistant MDF segment is projected to grow at a significant CAGR during the forecast period.

By application, the furniture segment registered highest revenue in 2021.

By end user, the commercial segment is expected to grow at the highest CAGR during the forecast period.

Asia-pacific is projected to register highest growth rate in the coming years.

The key players within the medium density fiberboard (MDF) market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the medium density fiberboard (MDF) industry.

The report provides an extensive medium density fiberboard (MDF) market forecast and analysis of the current trends and emerging opportunities of the market.

In-depth medium density fiberboard (MDF) market analysis is conducted by constructing estimations for the key segments between 2021 and 2031.

Companies Mentioned

• Kronospan Limited
• Egger Holzwerkstoffe GmbH
• West Fraser Timber Co. Ltd.
• Kastamonu Entegre
• Arauco and Constitution Pulp Inc.
• Greenpanel Industries Limited
• Korosten Mdf Manufacture
• Dare Panel Group Co. Ltd.
• Uniboard Canada Inc.
• Century Plyboards (India) Limited (Century Prowud)

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.