Decorative Wood Panels

Decorative Wood Panels

US demand for decorative wood panels is projected to reach 4.4 billion square feet in 2024, comparable to the 2019 level. Gains will be restricted by a moderation in new home construction and a fall in commercial building construction spending, though decorative wood panels will grow in floor finishing applications and continue to be used in high volumes in cabinets.
This report analyzes decorative wood panel demand by product, application, and market in square feet and value terms.
Material demand is provided for the following products:

Hardboard
Particleboard
Hardwood Plywood
Medium Density Fiberboard
Low Density Fiberboard


Decorative wood panel demand is also presented for the following applications:

Cabinets
Finish Flooring
Siding
Doors & Windows
Interior Paneling

Decorative wood panel demand is also shown by market:

New residential
Residential renovation
New commercial
Commercial renovation

Scope of the Report

This report examines the scope, size, and growth of the US decorative wood panel industry in square feet and value terms, and analyzes key trends by product, application, and market. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Also provided is an analysis of key industry players.


  • Executive Summary
    • Table Figure 1-1 | US Decorative Wood Panels: Market Outlook
  • About This Report
    • Report Details
    • Market Scope & Product Description
    • Impact of COVID-19 Pandemic
      • Table Annual Decorative Wood Panel Demand by Product, 2018 – 2022
      • Table Annual Decorative Wood Panel Demand by Market, 2018 – 2022
      • Table Figure 2-1 | Decorative Wood Panel Area Demand by Market, 2019 – 2022
  • Overview
    • Construction Trends Impacting Wood Panel Demand
    • Historical Market Trends
      • Table Decorative Wood Panel Demand, 2009 – 2021
      • Table Figure 3-1 | Decorative Wood Panel Demand, 2009 – 2021
    • Demand by Product
      • Table Decorative Wood Panel Demand by Product, 2009 – 2029
      • Table Figure 3-2 | Decorative Wood Panel Demand by Product, 2009 – 2029
    • Pricing Trends
      • Table Decorative Wood Panel Average Prices by Product, 2009 – 2029
      • Table Figure 3-3 | Wood Panel Average Prices by Product, 2009 – 2024
  • Applications
    • Demand by Application
      • Table Decorative Wood Panel Demand by Application, 2009 – 2029
      • Table Figure 4-1 | Decorative Wood Panel Demand by Application, 2009 – 2029
    • Cabinets
      • Table Cabinet Decorative Wood Panel Demand by Product, 2009 – 2029
      • Table Figure 4-2 | Cabinet Decorative Wood Panel Demand by Product, 2009 – 2029
    • Finish Flooring
      • Table Finish Flooring Decorative Wood Panel Demand by Product, 2009 – 2029
      • Table Figure 4-3 | Finish Flooring Decorative Wood Panel Demand by Product, 2009 – 2029
    • Doors & Windows
      • Table Door & Window Decorative Wood Panel Demand by Product, 2009 – 2029
      • Table Figure 4-4 | Door & Window Decorative Wood Panel Demand by Product, 2009 – 2029
    • Interior Paneling
      • Table Interior Paneling Decorative Wood Panel Demand by Product, 2009 – 2029
      • Table Figure 4-5 | Interior Paneling Decorative Wood Panel Demand by Product, 2009 – 2029
    • Siding
      • Table Siding Wood Panel Demand, 2009 – 2029
      • Table Figure 4-6 | Siding Wood Panel Demand, 2009 – 2024
  • Industry Structure
    • Industry Composition
    • Key Suppliers
    • Mergers & Acquisitions
      • Table Selected Mergers & Acquisitions
  • Appendix
    • Scope
      • Table Relevant Industry Codes
      • Table Relevant HS Codes
    • Definitions
    • Freedonia Methodology
    • Study-Specific Methodology
    • Sources
    • Related Studies & Reports
    • Macroeconomic Assumptions
      • Economic Environment
        • Table Macroeconomic Indicators, 2009 – 2029
        • Table Figure 6-1 | Annual Growth in Real GDP, 2000 – 2019, Compared to 1980 – 2005 Average
      • Demographic Trends
        • Table Population & Households, 2009 – 2029
        • Table Figure 6-2 | Annual Population Growth, 2004 – 2019
      • Residential Building Construction
        • Table Residential Building Construction Expenditures, 2009 – 2029
      • Residential Improvements & Repairs
        • Table Residential Improvement & Repair Expenditures, 2009 – 2029
      • Commercial Building Construction
        • Table Commercial Building Construction Expenditures, 2009 – 2029
      • Commercial Building Improvements & Repairs
        • Table Commercial Building Improvement & Repair Expenditures, 2009 – 2029
      • Manufacturers' Shipments
        • Table Manufacturers' Shipments, 2009 – 2029

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