Lucintel Forecasts the Global Medium Density Fiberboard Market is expected to grow with a CAGR of 4.1% from 2024 to 2030
Lucintel Forecasts the Global Medium Density Fiberboard Market is expected to grow with a CAGR of 4.1% from 2024 to 2030
Blog Article
According to a market report by Lucintel, the future of the global medium density fiberboard market looks promising with opportunities in the furniture, construction, and interior decoration markets. The global medium density fiberboard market is expected to grow with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are growing utilization of products in the construction, furniture, and interior design industries, growing popularity of laminated flooring in residential settings, and surge in number of construction activities.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in medium density fiberboard market to 2030 by product (standard, moisture resistant, and fire resistant), type (E0, E1, and E2), application (furniture, construction, and interior decoration), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, standard, moisture resistant, and fire resistant are the major segments of medium density fiberboard market by product. Lucintel forecasts that standard will remain the largest segment over the forecast period due to increasing product demand in furniture, flooring, and cabinet production.
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Within this market, furniture will remain the largest segment due to increasing demand for modular furniture for living rooms and bedrooms.
APAC will remain the largest region over the forecast period due to increasing local governmental efforts to integrate RFID sensors into wooden packaging items.
Dongwha Malaysia Holdings, Kronospan, Dare Panel, Egger, Norbord, Kastamonu Entegre, Georgia-Pacific, Arauco, West Fraser Timber, and Nag Hamady Fiber Board are the major suppliers in the medium density fiberboard market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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