Europe Particle Board Market Size (2024 - 2029)

The European particle board market is experiencing a recovery and rapid expansion following the pandemic, driven by increased demand in furniture manufacturing and the availability of raw materials. Despite challenges posed by the substitution threat from medium-density fiberboard, the market is poised for growth, supported by new construction and infrastructure projects that are expected to create future opportunities.

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Market Size of Europe Particle Board Industry

Europe Particle Board Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration Low

Major Players

Europe Particle Board Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Particle Board Market Analysis

The European particle board market is anticipated to register a CAGR of greater than 4% during the forecast period. As home construction expansion was prominent in Europe prior to the pandemic, the COVID-19 outbreak had a substantial impact on residential construction growth. This has most certainly resulted in project delays and cost overruns. Currently, the particle board market has recovered from the pandemic and is expanding rapidly.

  • Over the short term, the increasing demand for particle boards for furniture manufacturing, coupled with the ease in availability of raw materials, is projected to fuel market growth over the forecast period.
  • However, it is estimated that the threat of medium-density fiberboard as a substitute is expected to hamper the market growth over the forecast period.
  • Nevertheless, upcoming construction and infrastructure projects are projected to generate opportunities in the future for the European particle board market.

Europe Particle Board Industry Segmentation

Particle board, commonly known as chipboard or low-density fiberboard, is an engineered wood product that is pressed and extruded from wood chips and synthetic resin or other suitable binders. Particle board is less expensive, denser, and more uniform than traditional wood and plywood. The European particle board market is segmented by raw material, application, and geography. 

By raw material, the market is segmented into wood (sawdust, shavings, flakes, chips), bagasse, and other raw materials. By applications, the market is segmented into construction, furniture, infrastructure, and other applications. By geography, the market is segmented into Germany, United Kingdom, France, Italy, Russia, Spain, NORDIC Countries, and Rest of Europe. The report covers the market size and forecast for the European particle board market in 7 countries across the European region. For each segment, the market sizing and forecasts have been provided based on volume (kilotons).

By Raw Material
Wood
Sawdust
Shavings
Flakes
Chips
Bagasse
Other Raw Materials
By Application
Construction
Furniture
Infrastructure
Other Applications
By Country
Germany
United Kingdom
France
Italy
Russia
Spain
NORDIC Countries
Rest of Europe
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Europe Particle Board Market Size Summary

The European particle board market is experiencing a robust recovery and expansion following the disruptions caused by the COVID-19 pandemic. The market is driven by the increasing demand for particle boards in furniture manufacturing and the availability of raw materials, which are expected to sustain growth over the forecast period. Despite the competitive threat posed by medium-density fiberboard as a substitute, the market is poised to benefit from upcoming construction and infrastructure projects. Particle boards are favored in building interiors due to their lightweight, cost-effectiveness, and environmental benefits, making them a popular choice for flooring, partitions, and other applications. The construction industry's growth, particularly in Germany, which has the largest share in the European construction sector, is a significant factor contributing to the demand for particle boards.

Germany stands out as a dominant player in the European particle board market, with substantial production volumes and a strong construction sector that drives demand for wood-based materials. The country's construction industry is bolstered by government investments and a rising urban population, which have led to increased residential and commercial building activities. The German furniture market also plays a crucial role, with significant contributions to the economy and opportunities for innovation. The European particle board market is characterized by its fragmented nature, with key manufacturers like SAUERLAND Spanplatte, Peter Benson (Plywood) Limited, West Fraser Timber Co. Ltd, Sonae Arauco (UK) Ltd, and EGGER Group actively participating in the market. These companies are focusing on sustainable solutions and expanding their product offerings to meet the growing demand.

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Europe Particle Board Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Increase in Demand for Particle Boards for Furniture

      2. 1.1.2 Easy Availability of Raw Materials

    2. 1.2 Restraints

      1. 1.2.1 Threat of Medium-Density Fiberboard as a Substitute

      2. 1.2.2 Other Restraints

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Raw Material

      1. 2.1.1 Wood

        1. 2.1.1.1 Sawdust

        2. 2.1.1.2 Shavings

        3. 2.1.1.3 Flakes

        4. 2.1.1.4 Chips

      2. 2.1.2 Bagasse

      3. 2.1.3 Other Raw Materials

    2. 2.2 By Application

      1. 2.2.1 Construction

      2. 2.2.2 Furniture

      3. 2.2.3 Infrastructure

      4. 2.2.4 Other Applications

    3. 2.3 By Country

      1. 2.3.1 Germany

      2. 2.3.2 United Kingdom

      3. 2.3.3 France

      4. 2.3.4 Italy

      5. 2.3.5 Russia

      6. 2.3.6 Spain

      7. 2.3.7 NORDIC Countries

      8. 2.3.8 Rest of Europe

Europe Particle Board Market Size FAQs

The Europe Particle Board Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

SAUERLAND Spanplatte , Peter Benson (Plywood) Limited, West Fraser Timber Co. Ltd, Sonae Arauco (UK) Ltd and EGGER Group are the major companies operating in the Europe Particle Board Market.

Europe Particle Board Report Snapshots

Europe Particle Board Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)