Key Insights
The Indian particle board market, valued at $640 million 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 primarily driven by the burgeoning construction and furniture sectors, fueled by rapid urbanization and rising disposable incomes. The increasing demand for cost-effective and sustainable building materials further bolsters market expansion. While wood remains the dominant raw material, a notable trend is the growing adoption of bagasse, a sugarcane byproduct, reflecting a shift towards eco-friendly and readily available resources. However, fluctuating raw material prices and potential supply chain disruptions pose challenges to sustained growth. Segmentation reveals a strong preference for particleboard in construction and furniture applications, followed by infrastructure projects. Key players like Greenlam Industries Limited, Associate Decor Ltd, and Archidply Decor Ltd are leveraging their established market presence and technological advancements to capture significant market share. Regional variations exist, with North and South India currently dominating the market due to higher infrastructure development and industrial activity, but growth potential is significant in East and West India.
The forecast period (2025-2033) anticipates substantial market expansion, reaching an estimated value exceeding $2 billion by 2033. This growth will be influenced by several factors, including government initiatives promoting sustainable building practices, the increasing adoption of particleboard in various applications, and the continued efforts of market players to innovate and introduce new product lines. However, potential regulatory changes concerning environmental impact and resource sustainability could influence the market trajectory in the longer term. Continuous monitoring of these factors and adapting business strategies to meet evolving consumer preferences will be crucial for companies to thrive in this dynamic market.
India's Particle Board Industry: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Indian particle board industry, covering market dynamics, key players, industry trends, and future growth projections from 2019 to 2033. With a focus on actionable insights and data-driven analysis, this report is an essential resource for industry stakeholders, investors, and market researchers seeking to understand and capitalize on opportunities within this dynamic sector. The study period covers 2019-2033, with 2025 as the base year and estimated year. The forecast period is 2025-2033, and the historical period is 2019-2024. We explore key segments including Construction, Furniture, and Infrastructure applications and raw materials such as Wood, Bagasse, and other materials.
Particle Board Industry in India Market Dynamics & Concentration
The Indian particle board market exhibits a moderately concentrated landscape, with several prominent players commanding significant market share. While precise market share figures for individual companies are proprietary, Greenlam Industries Limited, Associate Decor Ltd, and CenturyPly are recognized as major players. Market concentration is influenced by factors such as economies of scale in production, access to raw materials, and established distribution networks. Innovation in the sector is driven by the demand for environmentally friendly materials, improved performance characteristics, and cost-effective manufacturing processes. Regulatory frameworks, including environmental regulations and building codes, significantly impact the industry. The market faces competition from substitute materials like plywood and medium-density fiberboard (MDF). End-user trends, particularly within the construction and furniture sectors, play a crucial role in shaping market demand. M&A activities have been relatively limited in recent years, with xx major deals recorded between 2019 and 2024. Future M&A activity is expected to increase as companies seek to expand their market reach and production capacity.
- Market Concentration: Moderately concentrated, with key players holding significant shares.
- Innovation Drivers: Sustainability, performance improvements, cost reduction.
- Regulatory Framework: Environmental regulations and building codes.
- Product Substitutes: Plywood, MDF.
- End-User Trends: Growing demand from construction and furniture sectors.
- M&A Activity: xx major deals between 2019-2024, with projected increase in future.
Particle Board Industry in India Industry Trends & Analysis
The Indian particle board market is experiencing robust growth, driven by factors such as rapid urbanization, rising disposable incomes, and increasing construction activity. The market's Compound Annual Growth Rate (CAGR) during the historical period (2019-2024) was approximately xx%, with a projected CAGR of xx% during the forecast period (2025-2033). Technological disruptions, particularly advancements in manufacturing processes and material science, are enhancing product quality and efficiency. Consumer preferences are shifting towards eco-friendly and sustainable particle boards. Competitive dynamics are characterized by price competition, product differentiation, and capacity expansion. Market penetration in various applications is steadily increasing, particularly in the construction and furniture segments. The market penetration rate in 2024 stood at approximately xx%, indicating significant potential for future growth.
Leading Markets & Segments in Particle Board Industry in India
The construction sector is the dominant application segment for particle board in India, accounting for approximately xx% of total market demand in 2024. The furniture segment also represents a significant portion of market demand, while infrastructure and other applications contribute to the remaining share. Wood remains the primary raw material, although the use of bagasse and other raw materials is steadily increasing due to factors like cost-effectiveness and sustainability concerns. Regional dominance is observed in areas with significant construction and furniture manufacturing activity, with Southern and Western India being key markets.
Key Drivers for Construction Segment:
- Rapid urbanization and infrastructure development.
- Government initiatives promoting affordable housing.
- Growth of the real estate sector.
Key Drivers for Furniture Segment:
- Rising disposable incomes and changing lifestyles.
- Increased demand for ready-to-assemble furniture.
- Growth of the organized furniture retail sector.
Particle Board Industry in India Product Developments
Recent product innovations focus on improved durability, moisture resistance, and aesthetic appeal. Technological trends include the incorporation of recycled materials, enhanced surface treatments, and the development of specialized particle boards for niche applications. These developments are enhancing the competitive advantages of manufacturers by offering superior products that meet evolving consumer demands and industry standards.
Key Drivers of Particle Board Industry in India Growth
The growth of the Indian particle board industry is fueled by several key factors:
- Technological advancements: Improved manufacturing processes and material science.
- Economic growth: Rising disposable incomes and increased construction activity.
- Government policies: Initiatives promoting affordable housing and infrastructure development.
Challenges in the Particle Board Industry in India Market
The industry faces challenges including:
- Fluctuating raw material prices: Impacts profitability and pricing strategies.
- Stringent environmental regulations: Increases compliance costs.
- Intense competition: Requires continuous innovation and cost optimization.
Emerging Opportunities in Particle Board Industry in India
Long-term growth is driven by:
- Expanding construction and furniture sectors: Presents significant market expansion opportunities.
- Growing demand for sustainable and eco-friendly products: Creates opportunities for innovative materials and manufacturing processes.
- Strategic partnerships and collaborations: Facilitates technology transfer and market access.
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
- December 2021: Greenlam Industries Limited announces investment in a new particle board manufacturing facility with an annual capacity of 2,31,000 CBM.
- November 2022: CenturyPly announces plans for a new particle board facility in Tamil Nadu with an annual capacity of 3,60,000 CBM by the end of fiscal year 2025.
Strategic Outlook for Particle Board Industry in India Market
The Indian particle board market holds significant future potential, driven by continuous urbanization, robust infrastructure development, and a growing consumer demand for diverse applications. Strategic opportunities lie in focusing on sustainable materials, technological innovation, and strategic partnerships to capture market share and drive long-term growth. Companies that effectively adapt to changing consumer preferences and leverage technological advancements will be best positioned to thrive in this competitive landscape.
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
