Market Size of Wood-based Fibers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Wood-Based Fibers Market Analysis
The market for wood-based fibers is expected to register a CAGR of more than 6% globally during the forecast period.
Rising demand from the textile industry is driving the market growth.
Availability of substitutes such as synthetic fibers, cotton, and wool are likely to hinder the growth of the market.