The global Wood Based Panel market size is projected to reach USD 153.59 billion by 2029

Wood-based panels are sheet materials that contain a significant proportion of wood in one of a variety of forms (strips, veneers, chips, strands or fibres).

The wood-based panel categories include particleboard (PB)/chipboard (CB), medium density fibreboard (MDF), high density fibreboard (HDF), oriented strand board (OSB), plywood and so on.

According to the new market research report “Global Wood Based Panel Market Report 2023-2029”, published by GlobalInfoResearch, the global Wood Based Panel market size is projected to reach USD 153.59 billion by 2029, at a CAGR of 6.4% during the forecast period.

• Global Wood Based Panel MarketSize(US$ Million), 2018-2029

Source: GlobalInfoResearch, “Global Wood Based Panel Market 2023 by Manufacturers, Regions, Type and Wood Based Panel, Forecast to 2029”.

• Global Wood Based Panel Top30Players Ranking and Market Share（Based on data of 2021, Continually updated）

Source: GlobalInfoResearch, “Global Wood Based Panel Market 2023 by Manufacturers, Regions, Type and Wood Based Panel, Forecast to 2029”.

The global key manufacturers of Wood Based Panel include Kronospan, Arauco, Norbord, Egger, Louisiana-Pacific, Swiss Krono Group, Sonae Industria, Georgia-Pacific, Pfleiderer, Kastamonu Entegre, etc. In 2020, the global top 10 players had a share approximately 19.0% in terms of revenue.

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