North America Medium-Density Fiberboard Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Description
North America Medium-Density Fiberboard Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The North America medium-density fiberboard market size reached 4.4 Million Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 5.2 Million Cubic Metres by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
Medium-density fiberboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into wood fibers. It is combined by applying high temperature and pressure with resin or wax to form flat panels. It is considered denser than plywood or dimensional lumber. MDF is used in various residential and commercial projects, such as furniture, cabinetry, flooring, industrial packaging, toys and ceiling molding.
The North America medium-density fiberboard market is currently being driven by several factors. A significant growth in the construction and furniture manufacturing sectors has catalyzed the demand for MDF in the region. Moreover, rising environmental concerns among consumers have induced the demand for engineered wood products, such as MDF, thereby, stimulating the market growth. In addition to this, MDF is usually available at a lower price, when compared to other wood products, thus fueling the demand in the region. Furthermore, MDF is convenient in nature as it is easy to paint and mold into different shapes, depending on the needs of a consumer.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America medium-density fiberboard market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and sector.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Commercial
Market by Sector
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America medium-density fiberboard market performed so far and how will it perform in the coming years?
What are the key regions in the North America medium-density fiberboard market?
What has been the impact of COVID-19 on the North America medium-density fiberboard market?
What is the breakup of the North America medium-density fiberboard market on the basis of application?
What is the breakup of the North America medium-density fiberboard market on the basis of sector?
What are the various stages in the value chain of the North America medium-density fiberboard industry?
What are the key driving factors and challenges in the North America medium-density fiberboard industry?
What is the structure of the North America medium-density fiberboard industry and who are the key players?
What is the degree of competition in the North America medium-density fiberboard industry?
What are the profit margins in the North America medium-density fiberboard industry?
Market Overview:
The North America medium-density fiberboard market size reached 4.4 Million Cubic Metres in 2022. Looking forward, IMARC Group expects the market to reach 5.2 Million Cubic Metres by 2028, exhibiting a growth rate (CAGR) of 2.6% during 2023-2028.
Medium-density fiberboard (MDF) is an engineered wood product made by breaking down hardwood or softwood residuals into wood fibers. It is combined by applying high temperature and pressure with resin or wax to form flat panels. It is considered denser than plywood or dimensional lumber. MDF is used in various residential and commercial projects, such as furniture, cabinetry, flooring, industrial packaging, toys and ceiling molding.
The North America medium-density fiberboard market is currently being driven by several factors. A significant growth in the construction and furniture manufacturing sectors has catalyzed the demand for MDF in the region. Moreover, rising environmental concerns among consumers have induced the demand for engineered wood products, such as MDF, thereby, stimulating the market growth. In addition to this, MDF is usually available at a lower price, when compared to other wood products, thus fueling the demand in the region. Furthermore, MDF is convenient in nature as it is easy to paint and mold into different shapes, depending on the needs of a consumer.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America medium-density fiberboard market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on application and sector.
Key Regions Analysed
United States
Canada
Analysis for Each Country
Market by Application
Residential
Commercial
Market by Sector
New Construction
Replacement
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
Competitive Structure
Key Player Profiles
Key Questions Answered in This Report:
How has the North America medium-density fiberboard market performed so far and how will it perform in the coming years?
What are the key regions in the North America medium-density fiberboard market?
What has been the impact of COVID-19 on the North America medium-density fiberboard market?
What is the breakup of the North America medium-density fiberboard market on the basis of application?
What is the breakup of the North America medium-density fiberboard market on the basis of sector?
What are the various stages in the value chain of the North America medium-density fiberboard industry?
What are the key driving factors and challenges in the North America medium-density fiberboard industry?
What is the structure of the North America medium-density fiberboard industry and who are the key players?
What is the degree of competition in the North America medium-density fiberboard industry?
What are the profit margins in the North America medium-density fiberboard industry?
Table of Contents
110 Pages
- 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 Medium-Density Fiberboard Market
- 5.1 Market Performance
- 5.2 Market Breakup by Application
- 5.3 Market Breakup by Sector
- 5.4 Market Breakup by Region
- 5.5 Market Forecast
- 6 North America Medium-Density Fiberboard Market
- 6.1 Market Performance
- 6.2 Impact of COVID-19
- 6.3 Market Forecast
- 7 North America Medium-Density Fiberboard Market: Breakup by Application
- 7.1 Residential
- 7.2 Commercial
- 8 North America Medium-Density Fiberboard Market: Breakup by Sector
- 8.1 New Construction
- 8.2 Replacement
- 9 North America Medium-Density Fiberboard Market: Breakup by Country
- 9.1 United States
- 9.1.1 Historical Market Trends
- 9.1.2 Market Breakup by Application
- 9.1.3 Market Breakup by Sector
- 9.1.4 Market Forecast
- 9.2 Canada
- 9.2.1 Historical Market Trends
- 9.2.2 Market Breakup by Application
- 9.2.3 Market Breakup by Sector
- 9.2.4 Market Forecast
- 10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
- 11 Value Chain Analysis
- 11.1 Overview
- 11.2 Forest Owners
- 11.3 Sawmills
- 11.4 MDF Manufacturers
- 11.5 Distributors and Retailers
- 11.6 Exporters
- 11.7 End-Users
- 12 Porter’s Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Rivalry
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
- 13 Price Analysis
- 14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
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