Particle Board Market Share Driven by Furniture Manufacturing and Interior Construction Demand | Valuates Reports

Particle Board Market Size
The global market for Particle Board was valued at US$ 18000 million in the year 2024 and is projected to reach a revised size of US$ 22760 million by 2031, growing at a CAGR of 3.5% during the forecast period.

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The Particle Board Market plays a critical role in the global engineered wood industry, supported by its cost efficiency, material uniformity, and wide applicability across residential and commercial interiors. The market size is expanding steadily as construction activity, urban housing development, and demand for modular and ready-to-assemble furniture continue to rise. Key market trends shaping market growth include increasing adoption of engineered wood over solid timber, advancements in surface finishing technologies, and a growing focus on sustainable wood utilization within the construction and furniture sectors.

By type, raw particleboard accounts for the largest market share due to its extensive use as a base material in furniture manufacturing and interior components that require lamination or coating. Moisture resistant particleboard is witnessing the fastest market growth, driven by rising demand from kitchens, utility spaces, and humid climate regions. Fire resistant particleboard maintains a stable presence, supported by safety regulations and its growing use in commercial buildings, institutional projects, and high-occupancy interiors.

In terms of application, furniture and interior decoration dominates the market share, reflecting strong demand from residential housing, office spaces, and retail interiors. Ceiling and wall paneling is emerging as a high-growth application as builders and designers seek lightweight, uniform, and economical panel solutions. Partition walls, doors, and flooring applications contribute consistently to the overall market size, reinforcing diversified demand across construction and interior use cases.

The competitive landscape includes a mix of global manufacturers and regionally strong producers. Kronospan, ARAUCO, SWISS KRONO, Kastamonu Entegre, Tafisa Canada, and Roseburg hold significant market share due to their large-scale production capacity, broad product portfolios, and strong supply networks. Companies such as Evergreen Group, DareGlobal Wood, Plummer Forest Products, Kopine, Panel Plus, Segezga Group, PB China, Associate Decor, Integrated Wood Components, Dew River, and Royal Plywood Company are expanding their presence by focusing on regional demand, customized product specifications, and efficient distribution strategies.

Regionally, Europe and Asia-Pacific lead global consumption, supported by strong furniture manufacturing bases and sustained construction activity. Asia-Pacific, particularly China and Southeast Asia, exhibits the fastest market growth due to urban expansion, rising disposable income, and increasing furniture exports. North America shows stable demand driven by residential renovation and commercial interiors, while Latin America continues to develop as construction and housing investments grow. The overall market forecast remains positive, supported by ongoing capacity expansion, material innovation, and long-term demand for affordable and scalable interior building solutions

by Type

• Raw Particleboard
• Fire Resistant Particleboard
• Moisture Resistant Particleboard

by Application

• Furniture and Interior Decoration
• Ceiling and Wall Paneling
• Partition Walls
• Doors
• Flooring

By Company

Kronospan, DareGlobal Wood, ARAUCO, Kastamonu Entegre, Plummer Forest Products, Evergreen Group, Associate Decor, Integrated Wood Components Inc., PB China, Royal Plywood Company, Segezga Group, Panel Plus, Kopine, Tafisa Canada, SWISS KRONO, Dew River, Roseburg

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