Asia-Pacific Particle Board Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Asia-Pacific Particle Board Market is Segmented by Raw Material (Wood, Bagasse, and Other Raw Materials), Application (Construction, Furniture, Infrastructure, and Other Applications), and Geography (China, India, Japan, South Korea, and the Rest of Asia-Pacific). The report offers market size and forecasts for the particle board market in revenue (USD million) for all the above segments.

APAC Particle Board Market Size

Asia-Pacific Particle Board Market Summary
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APAC Particle Board Market Analysis

The Asia-Pacific Particle Board Market is expected to register a CAGR of greater than 7% during the forecast period.

In the Asia-Pacific region, the COVID-19 pandemic has significantly impacted the particle board sector. Particle board production and sales have decreased on account of supply chain disruption, decreased consumer expenditure, and rising raw material costs.

  • On the other hand, the pandemic has also presented some opportunities for the Asia-Pacific region's particle board business. Due to the move to work remotely and an increase in building activities, the demand for particle board goods has increased in 2021, which has raised the need for home office furniture.
  • The rising demand for affordable furniture, along with a rise in per-capita disposable income, is expected to drive market growth.
  • However, stringent environmental restrictions and high raw material costs have hindered the market expansion.
  • Nevertheless, it is projected that innovative materials and modern production methods are expected to support market expansion in the future.
  • China is anticipated to lead the Asia-Pacific region in terms of revenue during the expected timeframe.

APAC Particle Board Industry Overview

The Asia-Pacific particle board market is partially consolidated in nature. Some of the major players in the market include Bangkok Master Wood Co. Ltd, CenturyPly, Fletcher Building, Foshan Jujian Yifang Trading Co. Ltd, Green River Holding Co. Ltd, and others.

APAC Particle Board Market Leaders

  1. CenturyPly

  2. Fletcher Building

  3. Metro Particle Co Ltd

  4. Greenlam Industries Ltd

  5. Wanhua Ecoboard Co Ltd

  6. *Disclaimer: Major Players sorted in no particular order
Asia-Pacific Particle Board Market Concentration
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APAC Particle Board Market News

  • September 2022: With an annual capacity of 3.2 lakh cubic meters, Century Plyboards announced the opening of a new plant in Andhra Pradesh, India, with an investment of USD 122 million.
  • December 2021: Greenlam Industries Limited stated that it would invest in cutting-edge machinery, tools, and technology to produce particle boards with a capacity of 231,000 CBM annually for an investment of USD 73.4 million.

APAC Particle Board Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Increasing Demand from the Furniture Industry
    • 4.1.2 Easy Availability of Raw Materials
  • 4.2 Restraints
    • 4.2.1 Threat of Medium-density Fiberboard as a Substitute
  • 4.3 Industry Value-Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5. MARKET SEGMENTATION

  • 5.1 By Raw Material
    • 5.1.1 Wood
    • 5.1.1.1 Sawdust
    • 5.1.1.2 Shavings
    • 5.1.1.3 Flakes
    • 5.1.1.4 Chips
    • 5.1.2 Bagasse
    • 5.1.3 Other Raw Materials
  • 5.2 By Application
    • 5.2.1 Construction
    • 5.2.2 Furniture
    • 5.2.3 Infrastructure
    • 5.2.4 Other Applications
  • 5.3 By Geography
    • 5.3.1 China
    • 5.3.2 India
    • 5.3.3 Japan
    • 5.3.4 South Korea
    • 5.3.5 Rest of Asia-Pacific

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%)**/Ranking Analysis
  • 6.3 Strategies Adopted by the Leading Players
  • 6.4 Company Profiles
    • 6.4.1 Bangkok Master Wood Co. Ltd
    • 6.4.2 CenturyPly
    • 6.4.3 Fletcher Building
    • 6.4.4 Foshan Jujian Yifang Trading Co. Ltd
    • 6.4.5 Green River Holding Co. Ltd
    • 6.4.6 Greenlam Industries Ltd
    • 6.4.7 Jiangmen Changda Wood Products Co. Ltd
    • 6.4.8 Metro Particle Co. Ltd
    • 6.4.9 Panel Plus Co. Ltd
    • 6.4.10 ONP-Vietnam LLC
    • 6.4.11 Shandong National Forest Products Co. Ltd
    • 6.4.12 Shirdi Industries Limited
    • 6.4.13 Wisewoods Co. Ltd
    • 6.4.14 Wanhua Ecoboard Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Development of New Methods to Manufacture Particle Boards
**Subject to Availability
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APAC Particle Board Industry Segmentation

Particle board, also known as fiberboard, is an engineered product created by combining residual lumber with a binder and applying high pressure and heat. The particle board market is segmented by raw material, application, and geography. By raw material, the market is segmented into wood, bagasse, and other raw materials. By application, the market is segmented into construction, furniture, infrastructure, and other applications. By geography, the market is segmented into China, India, Japan, South Korea, and the Rest of Asia-Pacific. The report covers the market size and forecasts for four countries across the region. For each segment, the market sizing and forecasts have been provided on the basis of value (USD Million).

By Raw Material Wood Sawdust
Shavings
Flakes
Chips
Bagasse
Other Raw Materials
By Application Construction
Furniture
Infrastructure
Other Applications
By Geography China
India
Japan
South Korea
Rest of Asia-Pacific
By Raw Material
Wood Sawdust
Shavings
Flakes
Chips
Bagasse
Other Raw Materials
By Application
Construction
Furniture
Infrastructure
Other Applications
By Geography
China
India
Japan
South Korea
Rest of Asia-Pacific
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APAC Particle Board Market Research FAQs

What is the current Asia-Pacific Particle Board Market size?

The Asia-Pacific Particle Board Market is projected to register a CAGR of greater than 7% during the forecast period (2025-2030)

Who are the key players in Asia-Pacific Particle Board Market?

CenturyPly, Fletcher Building, Metro Particle Co Ltd, Greenlam Industries Ltd and Wanhua Ecoboard Co Ltd are the major companies operating in the Asia-Pacific Particle Board Market.

What years does this Asia-Pacific Particle Board Market cover?

The report covers the Asia-Pacific Particle Board Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Particle Board Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Asia-Pacific Particle Board Industry Report

Statistics for the 2025 Asia-Pacific Particle Board market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Asia-Pacific Particle Board analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Asia-Pacific Particle Board Report Snapshots

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