Key Insights
The Indian particle board market, valued at $0.64 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 12.15% from 2025 to 2033. This surge is driven primarily by the burgeoning construction and furniture sectors, fueled by rapid urbanization and rising disposable incomes. Increased infrastructure development projects, particularly in housing and commercial spaces, significantly contribute to the demand for particle boards. The preference for cost-effective and versatile particle boards over traditional materials like solid wood further strengthens market growth. While the availability of diverse raw materials like wood, bagasse, and other agricultural residues supports production, potential restraints include fluctuating raw material prices and environmental concerns related to deforestation and sustainable sourcing. Market segmentation reveals strong demand across various applications, with construction and furniture dominating, followed by infrastructure projects. Key players like Greenlam Industries, Associate Decor, and Archidply Decor are shaping the competitive landscape, investing in advanced technologies and expanding production capacities to meet rising demand. Regional variations exist, with North and West India likely showing higher growth rates due to concentrated industrial activity and construction projects. The market’s positive outlook is reinforced by government initiatives promoting affordable housing and sustainable building practices.
The forecast period (2025-2033) promises substantial growth, with the market likely exceeding $2 billion by 2033. Strategic collaborations, technological innovations in production processes, and a focus on eco-friendly manufacturing are key factors expected to influence market evolution. The industry will likely witness increased adoption of engineered wood products, leveraging advanced bonding technologies and recycled materials to improve sustainability and performance. Competition will intensify as existing players expand their product portfolios and new entrants seek to capitalize on market opportunities. Sustaining the growth trajectory necessitates addressing environmental concerns, promoting sustainable forestry practices, and ensuring the availability of affordable raw materials. Government policies focusing on infrastructure development and affordable housing will play a crucial role in shaping the future growth of the Indian particle board industry.
Unlocking Growth: A Comprehensive Report on India's Particle Board Industry (2019-2033)
This insightful report provides a detailed analysis of the burgeoning particle board industry in India, offering invaluable data and forecasts for stakeholders across the value chain. From market dynamics and leading players to emerging trends and future opportunities, this research equips you with the knowledge to navigate this dynamic sector. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report is your essential guide to understanding the Indian particle board market. The report covers a market size of xx Million USD in 2025 and projects a CAGR of xx% during the forecast period.
Particle Board Industry in India Market Concentration & Dynamics
The Indian particle board market exhibits a moderately concentrated structure, with a few large players holding significant market share. However, the presence of numerous smaller regional players ensures a competitive landscape. Innovation in the sector is driven by the need for sustainable materials and improved performance characteristics. The regulatory framework, while evolving, seeks to promote sustainable practices and ensure product quality. Substitute products like plywood and MDF compete for market share, impacting pricing and demand. End-user trends favor eco-friendly and cost-effective options, driving product innovation. M&A activity has been moderate in recent years, with xx deals recorded between 2019 and 2024, indicating consolidation opportunities within the industry.
- Market Share: Top 5 players hold approximately xx% of the market share.
- M&A Activity: xx deals recorded between 2019 and 2024, with a projected increase in future years.
- Innovation: Focus on sustainable materials (bagasse) and enhanced performance.
- Regulatory Landscape: Emphasis on sustainable practices and environmental compliance.
Particle Board Industry in India Industry Insights & Trends
The Indian particle board market is experiencing robust growth, driven by the booming construction and furniture sectors. Rapid urbanization and rising disposable incomes fuel demand for affordable housing and furniture, boosting particle board consumption. Technological advancements, such as improved resin formulations and manufacturing processes, are enhancing product quality and efficiency. Evolving consumer preferences for aesthetically pleasing and durable furniture further propel market expansion. The market size in 2025 is estimated at xx Million USD, projected to reach xx Million USD by 2033, reflecting the significant growth potential. This growth is further fueled by government initiatives promoting affordable housing and infrastructure development. Challenges such as raw material price fluctuations and environmental concerns need careful management for sustained growth.
Key Markets & Segments Leading Particle Board Industry in India
The construction sector dominates the Indian particle board market, accounting for approximately xx% of total consumption in 2025. The furniture industry follows closely, representing xx% of the market. Growth is largely driven by:
- Construction: Rapid urbanization, infrastructure development, and affordable housing initiatives.
- Furniture: Rising disposable incomes, changing lifestyles, and increased demand for modern furniture.
- Infrastructure: Government investment in transportation, energy, and other infrastructure projects.
Bagasse, a byproduct of sugarcane processing, is increasingly used as a raw material, contributing to sustainable production. Wood remains a dominant raw material, though its availability and cost continue to influence the sector.
Particle Board Industry in India Product Developments
Recent product innovations focus on enhancing the aesthetic appeal, durability, and moisture resistance of particle boards. Manufacturers are introducing new surface finishes, textures, and designs to cater to diverse customer preferences. Technological advancements in resin formulations and manufacturing processes are improving product quality and reducing production costs. This ongoing innovation enables particle board manufacturers to compete effectively with other wood-based panel products.
Challenges in the Particle Board Industry in India Market
The Indian particle board industry faces several challenges, including:
- Raw material price volatility: Fluctuations in the prices of wood and bagasse significantly impact production costs.
- Supply chain disruptions: Logistical challenges and transportation costs can affect production efficiency.
- Intense competition: The presence of numerous players, both domestic and international, creates competitive pressure.
- Environmental regulations: Stringent environmental norms necessitate investments in sustainable production practices.
Forces Driving Particle Board Industry in India Growth
Several factors are driving growth in the Indian particle board industry:
- Government initiatives: Policies promoting affordable housing and infrastructure development boost demand.
- Technological advancements: Innovations in manufacturing processes and resin formulations improve product quality and efficiency.
- Rising disposable incomes: Increased purchasing power fuels demand for improved housing and furniture.
- Expanding construction sector: Rapid urbanization and infrastructure projects drive significant consumption.
Long-Term Growth Catalysts in the Particle Board Industry in India
Long-term growth will be fueled by strategic partnerships, technological innovation, and market expansion into new segments. Developing sustainable and cost-effective production methods, exploring new raw material sources, and expanding into export markets are critical for sustained growth. Focus on eco-friendly products will further solidify market positioning and attract environmentally conscious consumers.
Emerging Opportunities in Particle Board Industry in India
Emerging opportunities lie in developing specialized particle boards for specific applications, leveraging digital technologies for improved supply chain management, and expanding into untapped regional markets. Furthermore, exploring collaborations with designers and architects can open up new avenues for product innovation and market penetration.
Leading Players in the Particle Board Industry in India Sector
- Greenlam Industries Limited
- Associate Decor Ltd
- Archidply Decor Ltd
- Asian Prelam Industries Pvt Ltd
- Action TESA
- Peacockmy
- DMK PARTICLEBOARD LLP
- Krifor Industries Pvt Ltd
- Shirdi Industries Ltd (ASIS India)
- Positive ChipBoards
- Century Prowud
- EverGreen Boardlam Pvt Ltd
- Bajaj Hindusthan Sugar Ltd
Key Milestones in Particle Board Industry in India Industry
- November 2022: CenturyPly announces a new particle board manufacturing facility in Tamil Nadu with a capacity of 360,000 CBM per annum (by FY2025).
- December 2021: Greenlam Industries Limited announces investment in a new particle board and plywood facility with a planned particle board capacity of 231,000 CBM per annum.
Strategic Outlook for Particle Board Industry in India Market
The Indian particle board market presents significant growth potential driven by robust demand from the construction and furniture sectors. Strategic opportunities include investments in advanced manufacturing technologies, sustainable raw materials sourcing, and exploration of new product applications. Focusing on value-added products and fostering strategic partnerships will be crucial for achieving sustained growth and market leadership.
Particle Board Industry in India Segmentation
-
1. Raw Material
-
1.1. Wood
- 1.1.1. Sawdust
- 1.1.2. Shavings
- 1.1.3. Flakes
- 1.1.4. Chips
- 1.2. Baggase
- 1.3. Other Raw Materials
-
1.1. Wood
-
2. Application
- 2.1. Construction
- 2.2. Furniture
- 2.3. Infrastructure
- 2.4. Other Applications
Particle Board Industry in India Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. South America
- 2.1. Brazil
- 2.2. Argentina
- 2.3. Rest of South America
-
3. Europe
- 3.1. United Kingdom
- 3.2. Germany
- 3.3. France
- 3.4. Italy
- 3.5. Spain
- 3.6. Russia
- 3.7. Benelux
- 3.8. Nordics
- 3.9. Rest of Europe
-
4. Middle East & Africa
- 4.1. Turkey
- 4.2. Israel
- 4.3. GCC
- 4.4. North Africa
- 4.5. South Africa
- 4.6. Rest of Middle East & Africa
-
5. Asia Pacific
- 5.1. China
- 5.2. India
- 5.3. Japan
- 5.4. South Korea
- 5.5. ASEAN
- 5.6. Oceania
- 5.7. Rest of Asia Pacific
Particle Board Industry in India REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 12.15% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Furniture in the Office Space and Hospitality Sectors; Other Drivers
- 3.3. Market Restrains
- 3.3.1. Threat of Medium-density Fiberboard (MDF) as a Substitute
- 3.4. Market Trends
- 3.4.1. Wood is Expected to Dominate the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - 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. Baggase
- 5.1.3. Other Raw Materials
- 5.1.1. Wood
- 5.2. Market Analysis, Insights and Forecast - by Application
- 5.2.1. Construction
- 5.2.2. Furniture
- 5.2.3. Infrastructure
- 5.2.4. Other Applications
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. South America
- 5.3.3. Europe
- 5.3.4. Middle East & Africa
- 5.3.5. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Raw Material
- 6. North America Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 6.1. Market Analysis, Insights and Forecast - by Raw Material
- 6.1.1. Wood
- 6.1.1.1. Sawdust
- 6.1.1.2. Shavings
- 6.1.1.3. Flakes
- 6.1.1.4. Chips
- 6.1.2. Baggase
- 6.1.3. Other Raw Materials
- 6.1.1. Wood
- 6.2. Market Analysis, Insights and Forecast - by Application
- 6.2.1. Construction
- 6.2.2. Furniture
- 6.2.3. Infrastructure
- 6.2.4. Other Applications
- 6.1. Market Analysis, Insights and Forecast - by Raw Material
- 7. South America Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 7.1. Market Analysis, Insights and Forecast - by Raw Material
- 7.1.1. Wood
- 7.1.1.1. Sawdust
- 7.1.1.2. Shavings
- 7.1.1.3. Flakes
- 7.1.1.4. Chips
- 7.1.2. Baggase
- 7.1.3. Other Raw Materials
- 7.1.1. Wood
- 7.2. Market Analysis, Insights and Forecast - by Application
- 7.2.1. Construction
- 7.2.2. Furniture
- 7.2.3. Infrastructure
- 7.2.4. Other Applications
- 7.1. Market Analysis, Insights and Forecast - by Raw Material
- 8. Europe Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 8.1. Market Analysis, Insights and Forecast - by Raw Material
- 8.1.1. Wood
- 8.1.1.1. Sawdust
- 8.1.1.2. Shavings
- 8.1.1.3. Flakes
- 8.1.1.4. Chips
- 8.1.2. Baggase
- 8.1.3. Other Raw Materials
- 8.1.1. Wood
- 8.2. Market Analysis, Insights and Forecast - by Application
- 8.2.1. Construction
- 8.2.2. Furniture
- 8.2.3. Infrastructure
- 8.2.4. Other Applications
- 8.1. Market Analysis, Insights and Forecast - by Raw Material
- 9. Middle East & Africa Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 9.1. Market Analysis, Insights and Forecast - by Raw Material
- 9.1.1. Wood
- 9.1.1.1. Sawdust
- 9.1.1.2. Shavings
- 9.1.1.3. Flakes
- 9.1.1.4. Chips
- 9.1.2. Baggase
- 9.1.3. Other Raw Materials
- 9.1.1. Wood
- 9.2. Market Analysis, Insights and Forecast - by Application
- 9.2.1. Construction
- 9.2.2. Furniture
- 9.2.3. Infrastructure
- 9.2.4. Other Applications
- 9.1. Market Analysis, Insights and Forecast - by Raw Material
- 10. Asia Pacific Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 10.1. Market Analysis, Insights and Forecast - by Raw Material
- 10.1.1. Wood
- 10.1.1.1. Sawdust
- 10.1.1.2. Shavings
- 10.1.1.3. Flakes
- 10.1.1.4. Chips
- 10.1.2. Baggase
- 10.1.3. Other Raw Materials
- 10.1.1. Wood
- 10.2. Market Analysis, Insights and Forecast - by Application
- 10.2.1. Construction
- 10.2.2. Furniture
- 10.2.3. Infrastructure
- 10.2.4. Other Applications
- 10.1. Market Analysis, Insights and Forecast - by Raw Material
- 11. North India Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 12. South India Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 13. East India Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 14. West India Particle Board Industry in India Analysis, Insights and Forecast, 2019-2031
- 15. Competitive Analysis
- 15.1. Global Market Share Analysis 2024
- 15.2. Company Profiles
- 15.2.1 Greenlam Industries Limited
- 15.2.1.1. Overview
- 15.2.1.2. Products
- 15.2.1.3. SWOT Analysis
- 15.2.1.4. Recent Developments
- 15.2.1.5. Financials (Based on Availability)
- 15.2.2 Associate Decor Ltd
- 15.2.2.1. Overview
- 15.2.2.2. Products
- 15.2.2.3. SWOT Analysis
- 15.2.2.4. Recent Developments
- 15.2.2.5. Financials (Based on Availability)
- 15.2.3 Archidply Decor Ltd
- 15.2.3.1. Overview
- 15.2.3.2. Products
- 15.2.3.3. SWOT Analysis
- 15.2.3.4. Recent Developments
- 15.2.3.5. Financials (Based on Availability)
- 15.2.4 Asian Prelam Industries Pvt Ltd
- 15.2.4.1. Overview
- 15.2.4.2. Products
- 15.2.4.3. SWOT Analysis
- 15.2.4.4. Recent Developments
- 15.2.4.5. Financials (Based on Availability)
- 15.2.5 Action TESA
- 15.2.5.1. Overview
- 15.2.5.2. Products
- 15.2.5.3. SWOT Analysis
- 15.2.5.4. Recent Developments
- 15.2.5.5. Financials (Based on Availability)
- 15.2.6 Peacockmy
- 15.2.6.1. Overview
- 15.2.6.2. Products
- 15.2.6.3. SWOT Analysis
- 15.2.6.4. Recent Developments
- 15.2.6.5. Financials (Based on Availability)
- 15.2.7 DMK PARTICLEBOARD LLP
- 15.2.7.1. Overview
- 15.2.7.2. Products
- 15.2.7.3. SWOT Analysis
- 15.2.7.4. Recent Developments
- 15.2.7.5. Financials (Based on Availability)
- 15.2.8 Krifor Industries Pvt Ltd
- 15.2.8.1. Overview
- 15.2.8.2. Products
- 15.2.8.3. SWOT Analysis
- 15.2.8.4. Recent Developments
- 15.2.8.5. Financials (Based on Availability)
- 15.2.9 Shirdi Industries Ltd (ASIS India)*List Not Exhaustive
- 15.2.9.1. Overview
- 15.2.9.2. Products
- 15.2.9.3. SWOT Analysis
- 15.2.9.4. Recent Developments
- 15.2.9.5. Financials (Based on Availability)
- 15.2.10 Positive ChipBoards
- 15.2.10.1. Overview
- 15.2.10.2. Products
- 15.2.10.3. SWOT Analysis
- 15.2.10.4. Recent Developments
- 15.2.10.5. Financials (Based on Availability)
- 15.2.11 Century Prowud
- 15.2.11.1. Overview
- 15.2.11.2. Products
- 15.2.11.3. SWOT Analysis
- 15.2.11.4. Recent Developments
- 15.2.11.5. Financials (Based on Availability)
- 15.2.12 EverGreen Boardlam Pvt Ltd
- 15.2.12.1. Overview
- 15.2.12.2. Products
- 15.2.12.3. SWOT Analysis
- 15.2.12.4. Recent Developments
- 15.2.12.5. Financials (Based on Availability)
- 15.2.13 Bajaj Hindusthan Sugar Ltd
- 15.2.13.1. Overview
- 15.2.13.2. Products
- 15.2.13.3. SWOT Analysis
- 15.2.13.4. Recent Developments
- 15.2.13.5. Financials (Based on Availability)
- 15.2.1 Greenlam Industries Limited
List of Figures
- Figure 1: Global Particle Board Industry in India Revenue Breakdown (Million, %) by Region 2024 & 2032
- Figure 2: India Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 3: India Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
- Figure 4: North America Particle Board Industry in India Revenue (Million), by Raw Material 2024 & 2032
- Figure 5: North America Particle Board Industry in India Revenue Share (%), by Raw Material 2024 & 2032
- Figure 6: North America Particle Board Industry in India Revenue (Million), by Application 2024 & 2032
- Figure 7: North America Particle Board Industry in India Revenue Share (%), by Application 2024 & 2032
- Figure 8: North America Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 9: North America Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
- Figure 10: South America Particle Board Industry in India Revenue (Million), by Raw Material 2024 & 2032
- Figure 11: South America Particle Board Industry in India Revenue Share (%), by Raw Material 2024 & 2032
- Figure 12: South America Particle Board Industry in India Revenue (Million), by Application 2024 & 2032
- Figure 13: South America Particle Board Industry in India Revenue Share (%), by Application 2024 & 2032
- Figure 14: South America Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 15: South America Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
- Figure 16: Europe Particle Board Industry in India Revenue (Million), by Raw Material 2024 & 2032
- Figure 17: Europe Particle Board Industry in India Revenue Share (%), by Raw Material 2024 & 2032
- Figure 18: Europe Particle Board Industry in India Revenue (Million), by Application 2024 & 2032
- Figure 19: Europe Particle Board Industry in India Revenue Share (%), by Application 2024 & 2032
- Figure 20: Europe Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 21: Europe Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
- Figure 22: Middle East & Africa Particle Board Industry in India Revenue (Million), by Raw Material 2024 & 2032
- Figure 23: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Raw Material 2024 & 2032
- Figure 24: Middle East & Africa Particle Board Industry in India Revenue (Million), by Application 2024 & 2032
- Figure 25: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Application 2024 & 2032
- Figure 26: Middle East & Africa Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 27: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
- Figure 28: Asia Pacific Particle Board Industry in India Revenue (Million), by Raw Material 2024 & 2032
- Figure 29: Asia Pacific Particle Board Industry in India Revenue Share (%), by Raw Material 2024 & 2032
- Figure 30: Asia Pacific Particle Board Industry in India Revenue (Million), by Application 2024 & 2032
- Figure 31: Asia Pacific Particle Board Industry in India Revenue Share (%), by Application 2024 & 2032
- Figure 32: Asia Pacific Particle Board Industry in India Revenue (Million), by Country 2024 & 2032
- Figure 33: Asia Pacific Particle Board Industry in India Revenue Share (%), by Country 2024 & 2032
List of Tables
- Table 1: Global Particle Board Industry in India Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 3: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 4: Global Particle Board Industry in India Revenue Million Forecast, by Region 2019 & 2032
- Table 5: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 6: North India Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 7: South India Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 8: East India Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 9: West India Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 10: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 11: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 12: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 13: United States Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Canada Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 15: Mexico Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 17: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 18: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 19: Brazil Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Argentina Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 21: Rest of South America Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 23: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 24: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 25: United Kingdom Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 26: Germany Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 27: France Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 28: Italy Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 29: Spain Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 30: Russia Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 31: Benelux Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: Nordics Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 33: Rest of Europe Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 35: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 36: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 37: Turkey Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: Israel Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 39: GCC Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: North Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 41: South Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: Rest of Middle East & Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 43: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2019 & 2032
- Table 44: Global Particle Board Industry in India Revenue Million Forecast, by Application 2019 & 2032
- Table 45: Global Particle Board Industry in India Revenue Million Forecast, by Country 2019 & 2032
- Table 46: China Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 47: India Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Japan Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 49: South Korea Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: ASEAN Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 51: Oceania Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Rest of Asia Pacific Particle Board Industry in India Revenue (Million) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Particle Board Industry in India?
The projected CAGR is approximately 12.15%.
2. Which companies are prominent players in the Particle Board Industry in India?
Key companies in the market include Greenlam Industries Limited, Associate Decor Ltd, Archidply Decor Ltd, Asian Prelam Industries Pvt Ltd, Action TESA, Peacockmy, DMK PARTICLEBOARD LLP, Krifor Industries Pvt Ltd, Shirdi Industries Ltd (ASIS India)*List Not Exhaustive, Positive ChipBoards, Century Prowud, EverGreen Boardlam Pvt Ltd, Bajaj Hindusthan Sugar Ltd.
3. What are the main segments of the Particle Board Industry in India?
The market segments include Raw Material, Application.
4. Can you provide details about the market size?
The market size is estimated to be USD 0.64 Million as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Furniture in the Office Space and Hospitality Sectors; Other Drivers.
6. What are the notable trends driving market growth?
Wood is Expected to Dominate the Market.
7. Are there any restraints impacting market growth?
Threat of Medium-density Fiberboard (MDF) as a Substitute.
8. Can you provide examples of recent developments in the market?
In November 2022, CenturyPly announced its plan to develop a new manufacturing facility for particle boards in Tamil Nadu, India. This facility will have an annual capacity of 3,60,000 cubic meters (CBM) per annum by the end of the fiscal year 2025.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3800, USD 4500, and USD 5800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Particle Board Industry in India," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Particle Board Industry in India report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Particle Board Industry in India?
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Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
