Market Overview:
The global medium-density fibreboard market reached a value of US$ 22.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 33.3 Billion by 2027, exhibiting a CAGR of 6.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Medium-density fibreboard (MDF) is an engineered wood product composed of wood fibres that are mixed along with resin and wax and compressed into flat panels under heat and pressure. It is denser than plywood and does not expand or contract in humid or moist weather. It also offers superior quality and is usually available at a significantly lower price point when compared to other wood products. Owing to these advantages, MDF is widely utilized in a variety of residential and commercial projects, which include flooring, furniture, cabinetry, ceiling molding and industrial packaging.
The burgeoning building and construction industry, especially in developing countries, represents one of the primary factors contributing to the growth of the global MDF market. Moreover, MDF is an environment-friendly wood product, which is manufactured using recycled wood, and aids in saving trees and protecting the environment. As a result, governments in various countries are encouraging individuals to adopt wood panels, which is further impelling the MDF market growth. Furthermore, on account of rapid urbanization, rising global population and inflating income levels, there is a rise in the number of commercial and residential spaces. This, in turn, is anticipated to boost the overall sales of MDF in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global medium-density fibreboard market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on residential and commercial applications, and new construction and replacement applications.
Breakup by Residential and Commercial Applications:
As MDF is light in weight and serves as an effective alternative to solid wood or plywood, it finds numerous applications in the residential sector, wherein it is used in embossing and furniture panels.
Breakup by New Construction and Replacement Applications:
- New Construction
- Replacement Application
New construction accounts for the majority of the total market share. This can be attributed to the superior working properties and easy availability of MDF in a wide range of sheet thicknesses and sizes.
Regional Insights:
- Asia Pacific
- Europe
- North America
- Latin America
- Middle East and Africa
On the geographical front, Asia Pacific represents the largest market owing to the burgeoning construction industry and the rising demand for better housing and furniture in the region. This can also be attributed to the population growth, and inflating income levels and improving standards of living of the individuals.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:
- Dynea AS
- M. Kaindl OG / Kaindl Flooring GmbH
- Sonae Arauco
- Duratex
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
Million Cubic Metre, US$ Billion |
| Segment Coverage |
Residential and Commercial Applications, New Construction and Replacement Applications, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
Dynea AS, M. Kaindl OG / Kaindl Flooring GmbH, Sonae Arauco and Duratex |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Engineered Wood Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Price Trends
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
6 Global Medium-Density Fibre Board Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Impact of COVID-19
6.4 Price Analysis
6.4.1 Key Price Indicators
6.4.2 Price Structure
6.4.3 Price Trends
6.5 Market Breakup by Region
6.6 Market Breakup by Residential and Commercial Applications
6.7 Market Breakup by New Construction and Replacement Applications
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weaknesses
6.9.4 Opportunities
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Overview
6.10.2 Forest Growers
6.10.3 Sawmills
6.10.4 Medium Density Fibreboard (MDF) Manufacturers
6.10.5 Distributors
6.10.6 Exporters
6.10.7 End Users
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Rivalry
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Key Market Drivers and Success Factors
7 Market Breakup by Region
7.1 Asia Pacific
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Europe
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 North America
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Latin America
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Middle East and Africa
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Residential and Commercial Applications
8.1 Residential
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by New Construction and Replacement Applications
9.1 New Construction
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Replacement
9.2.1 Market Trends
9.2.2 Market Forecast
10 Competitive Landscape
10.1 Competitive Structure
10.2 Key Players Capacities
11 Medium-Density Fibreboard (MDF) Manufacturing Process
11.1 Product Overview
11.2 Detailed Process Flow
11.3 Various Types of Unit Operations Involved
11.4 Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1 Land Requirements and Expenditures
12.2 Construction Requirements and Expenditures
12.3 Plant Machinery
12.4 Machinery Pictures
12.5 Raw Material Requirements and Expenditures
12.6 Raw Material and Final Product Pictures
12.7 Packaging Requirements and Expenditures
12.8 Transportation Requirements and Expenditures
12.9 Utilities Requirements and Expenditures
12.10 Manpower Requirements and Expenditures
12.11 Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1 Capital Cost of the Project
14.2 Techno-Economic Parameters
14.3 Product Pricing and Margins Across Various Levels of the Supply Chain
14.4 Income Projections
14.5 Expenditure Projections
14.6 Taxation and Depreciation
14.7 Financial Analysis
14.8 Profit Analysis
15 Key Player Profiles
List of Figures
Figure 1: Global: Medium-Density Fibreboard Industry: Major Drivers and Challenges
Figure 2: Global: Engineered Wood Market: Volume Trends (in Million Cubic Metre), 2016-2021
Figure 3: Global: Engineered Wood Market: Value Trends (in Billion US$), 2016-2021
Figure 4: Global: Engineered Wood Market: Average Prices (in US$/Cubic Metre), 2016-2021
Figure 5: Global: Engineered Wood Market: Breakup by Product Type (in %), 2021
Figure 6: Global: Engineered Wood Market: Breakup by Application (in %), 2021
Figure 7: Global: Engineered Wood Market: Production Breakup by Region (in %), 2021
Figure 8: Global: Engineered Wood Market Forecast: Volume Trends (in Million Cubic Metre), 2022-2027
Figure 9: Global: Engineered Wood Market Forecast: Value Trends (in Billion US$), 2022-2027
Figure 10: Global: Engineered Wood Market Forecast: Average Prices (in US$/Cubic Metre), 2022-2027
Figure 11: Global: Medium-Density Fibreboard Market: Production Volume (in Million Cubic Metre), 2016-2021
Figure 12: Global: Medium-Density Fibreboard Market: Production Value (in Billion US$), 2016-2021
Figure 13: Medium-Density Fibreboard Market: Price Structure
Figure 14: Global: Medium-Density Fibreboard Market: Average Prices (in US$/Cubic Metre), 2016-2021
Figure 15: Global: Medium-Density Fibreboard Market Forecast: Average Prices (in US$/Cubic Metre), 2022-2027
Figure 16: Global: Medium-Density Fibreboard Market: Production Breakup by Region (in %), 2021
Figure 17: Global: Medium-Density Fibreboard Market: Breakup by Residential and Commercial Applications (in %), 2021
Figure 18: Global: Medium-Density Fibreboard Market: Breakup by New Construction and Replacement Applications (in %), 2021
Figure 19: Global: Medium-Density Fibreboard Market Forecast: Production Volume (in Million Cubic Metre), 2022-2027
Figure 20: Global: Medium-Density Fibreboard Market Forecast: Production Value (in Billion US$), 2022-2027
Figure 21: Global: Medium-Density Fibreboard Industry: SWOT Analysis
Figure 22: Global: Medium-Density Fibreboard Industry: Value Chain Analysis
Figure 23: Global: Medium-Density Fibreboard Industry: Porter’s Five Forces Analysis
Figure 24: Asia-pacific: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 25: Asia-pacific: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2022-2027
Figure 26: Europe: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 27: Europe: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2022-2027
Figure 28: North America: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 29: North America: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2022-2027
Figure 30: Latin America: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 31: Latin America: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2022-2027
Figure 32: Middle East and Africa: Medium-Density Fibre Board Market: Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 33: Middle East and Africa: Medium-Density Fibre Board Market Forecast: Production Volume (in Million Cubic Metres), 2022-2027
Figure 34: Global: Medium-Density Fibre Board Market (Residential Applications): Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 35: Global: Medium-Density Fibre Board Market Forecast (Residential Applications): Production Volume (in Million Cubic Metres), 2022-2027
Figure 36: Global: Medium-Density Fibre Board Market (Commercial Applications): Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 37: Global: Medium-Density Fibre Board Market Forecast (Commercial Applications): Production Volume (in Million Cubic Metres), 2022-2027
Figure 38: Global: Medium-Density Fibre Board Market (New Construction Applications): Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 39: Global: Medium-Density Fibre Board Market Forecast (New Construction Applications): Production Volume (in Million Cubic Metres), 2022-2027
Figure 40: Global: Medium-Density Fibre Board Market (Replacement Applications): Production Volume (in Million Cubic Metres), 2016 & 2021
Figure 41: Global: Medium-Density Fibre Board Market Forecast (Replacement Applications): Production Volume (in Million Cubic Metres), 2022-2027
Figure 42: Medium-Density Fibreboard Manufacturing Plant: Detailed Process Flow
Figure 43: Medium-Density Fibreboard Manufacturing: Conversion Rates of Feedstocks
Figure 44: Medium-Density Fibre board Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 45: Medium-Density Fibreboard Industry: Margins Across Various Stages of the Supply Chain
Figure 46: Medium-Density Fibre Board Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: Global: Engineered Wood Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Medium-Density Fibreboard (MDF) Market: Key Industry Highlights, 2021 and 2027
Table 3: Global: Medium-Density Fibreboard Market Forecast: Production Breakup by Region (in Million Cubic Metres), 2022-2027
Table 4: Global: Medium-Density Fibre Board Market Forecast: Breakup by Residential and Commercial Applications (in Million Cubic Metres), 2022-2027
Table 5: Global: Medium-Density Fibre Board Market Forecast: Breakup by New Construction and Replacement Applications (in Million Cubic Metres), 2022-2027
Table 6: Global: Medium-Density Fibreboard Market: Competitive Structure
Table 7: Global: Fibreboard Market: Production Capacities of Major Players
Table 8: Global: Fibreboard Market: Production Capacity Breakup by Country
Table 9: Global: Fibreboard Market: Production Capacity Breakup by Region
Table 10: Medium-Density Fibreboard Manufacturing Plant: Raw Material Requirements (in CBM/Day)
Table 11: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 12: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 13: Medium-Density Fibre Board Manufacturing Plant: Machinery Costs (in US$)
Table 14: Medium-Density Fibre Board Manufacturing Plant: Raw Material Requirements (in CBM/Day) and Expenditures (in US$/CBM)
Table 15: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 16: Medium-Density Fibre Board Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 17: Details of Financial Assistance Offered by Financial Institutions in India
Table 18: Medium-Density Fibre Board Manufacturing Plant: Capital Costs (in US$)
Table 19: Medium-Density Fibre Board Manufacturing Plant: Techno-Economic Parameters
Table 20: Medium-Density Fibre Board Manufacturing Plant: Income Projections (in US$)
Table 21: Medium-Density Fibre Board Manufacturing Plant: Expenditure Projections (in US$)
Table 22: Medium-Density Fibre Board Manufacturing Plant: Taxation (in US$/Year)
Table 23: Medium-Density Fibre Board Manufacturing Plant: Depreciation (in US$/Year)
Table 24: Medium-Density Fibre Board Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
Table 25: Medium-Density Fibre Board Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
Table 26: Medium-Density Fibre Board Manufacturing Plant: Profit and Loss Account (in US$/Year)