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 by several key factors. The booming construction and infrastructure sectors, fueled by government initiatives like affordable housing schemes and infrastructure development projects, are significantly increasing the demand for particleboard. Furthermore, the rising popularity of particleboard in furniture manufacturing, owing to its cost-effectiveness and versatility, contributes to market expansion. Growing urbanization and a burgeoning middle class are also driving consumption. While the availability of alternative materials and potential fluctuations in raw material prices pose challenges, the overall market outlook remains positive. The use of sustainable raw materials like bagasse, a byproduct of sugarcane processing, is gaining traction, aligning with the growing environmental consciousness. Regional variations exist, with North and South India likely holding the largest market shares due to higher concentration of construction and furniture industries. Key players like Greenlam Industries, Century Plyboards, and Bajaj Hindusthan Sugar are strategically expanding their production capacity and product portfolios to capitalize on this growth.
Particle Board Industry in India Market Size (In Million)
The segmentation of the market reveals significant opportunities. The construction sector, comprising residential and commercial buildings, remains the largest application segment, followed by furniture manufacturing. Within raw materials, wood continues to dominate, but the utilization of bagasse and other sustainable alternatives is expanding rapidly, driven by cost and environmental considerations. The competitive landscape is characterized by a mix of established players and emerging companies. The market is witnessing increased consolidation, with companies focusing on technological advancements and product diversification to enhance their market position. This dynamic market will likely see further growth propelled by technological innovations in manufacturing and increasing demand for high-quality, sustainable particleboard products.
Particle Board Industry in India Company Market Share
Particle Board Industry in India: A Comprehensive Market Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Particle Board industry in India, covering market size, growth drivers, challenges, and future outlook. The study period spans from 2019 to 2033, with 2025 serving as the base and estimated year. The report offers valuable insights for industry stakeholders, investors, and businesses seeking to navigate this dynamic market.
Particle Board Industry in India Market Concentration & Innovation
The Indian particle board market exhibits a moderately concentrated structure, with a few large players holding significant market share. Greenlam Industries Limited, Associate Decor Ltd, and Archidply Decor Ltd are among the leading companies, although precise market share data requires further proprietary research. However, we estimate Greenlam and Associate Decor together hold approximately xx% of the market. Innovation is driven by the increasing demand for eco-friendly and high-performance particle boards, leading to the development of products with improved strength, durability, and aesthetic appeal. Regulatory frameworks, such as environmental regulations concerning wood sourcing and emissions, play a crucial role in shaping industry practices. Product substitutes, such as medium-density fiberboard (MDF) and plywood, pose competitive pressure. End-user trends, particularly in the construction and furniture sectors, influence product demand. M&A activity in the industry has been moderate, with recent deals focusing on expanding production capacity and market reach. For instance, the investment values for major M&A deals in the last five years have totalled approximately xx Million, highlighting a moderate level of consolidation.
Particle Board Industry in India Industry Trends & Insights
The Indian particle board market is experiencing robust growth, driven by the booming construction and furniture industries. The compound annual growth rate (CAGR) during the historical period (2019-2024) is estimated at xx%, with the forecast period (2025-2033) projecting a CAGR of xx%. This growth is fueled by increasing urbanization, rising disposable incomes, and government initiatives promoting infrastructure development. Technological advancements, such as improved manufacturing processes and the adoption of advanced materials, are enhancing product quality and efficiency. Consumer preferences are shifting towards sustainable and aesthetically pleasing particle boards, influencing product development. Competitive dynamics are intense, with companies focusing on product differentiation, cost optimization, and brand building. Market penetration remains relatively high in urban areas, but significant growth potential exists in rural regions.
Dominant Markets & Segments in Particle Board Industry in India
Dominant Application Segment:
- Construction: This segment dominates the market due to the extensive use of particleboard in building interiors, partitions, and flooring. The rapid growth of the construction sector is a key driver.
- Furniture: Particleboard is widely used in the manufacturing of furniture, driving significant demand. Growth in this segment is linked to increasing household incomes and changing lifestyles.
- Infrastructure: The government's focus on infrastructure development projects creates substantial demand for particleboard in related applications.
- Other Applications: This segment includes diverse applications like packaging and automotive components, contributing moderately to the overall market.
Dominant Raw Material Segment:
- Wood: Wood remains the primary raw material, although concerns about deforestation and sustainability are leading to increased use of alternative materials.
- Bagasse: Bagasse, a byproduct of sugarcane processing, is an increasingly popular sustainable alternative, contributing to environmentally friendly production.
- Other Raw Materials: Other raw materials, including recycled wood and agricultural residues, are also being explored to enhance sustainability and reduce reliance on traditional wood resources.
The southern and western regions of India dominate the particle board market, benefiting from established manufacturing bases and robust downstream industries. Key drivers include favorable government policies, a strong construction industry, and a large pool of skilled labor.
Particle Board Industry in India Product Developments
Recent product innovations focus on enhancing the strength, durability, and aesthetic appeal of particle boards. Technological advancements like improved resin formulations and surface treatments are improving product performance. The market is witnessing increasing demand for water-resistant, fire-resistant, and termite-resistant particle boards, catering to specific application needs. These innovations are improving market fit and boosting competitiveness.
Report Scope & Segmentation Analysis
The report segments the Indian particle board market based on application (Construction, Furniture, Infrastructure, Other Applications) and raw material (Wood, Bagasse, Other Raw Materials). Each segment's growth projections, market size, and competitive dynamics are analyzed. The Construction segment is expected to maintain its dominance, while the Furniture segment shows significant growth potential. The use of Bagasse as a raw material is projected to expand rapidly due to its sustainability benefits. Competitive dynamics vary across segments, with different players specializing in particular applications and raw materials.
Key Drivers of Particle Board Industry in India Growth
Growth in the Indian particle board industry is propelled by several factors: the rapid growth of the construction and furniture sectors, fueled by urbanization and rising disposable incomes; government initiatives promoting infrastructure development; and the increasing adoption of sustainable and eco-friendly materials. Technological advancements in manufacturing processes are enhancing product quality and efficiency. Favorable government policies and a growing skilled workforce further support industry expansion.
Challenges in the Particle Board Industry in India Sector
The industry faces challenges such as fluctuating raw material prices, particularly for wood; stringent environmental regulations impacting production costs; and intense competition from other wood-based panel products. Supply chain disruptions and infrastructure limitations in certain regions also pose challenges. These factors can impact profitability and growth. Estimates suggest that these challenges cumulatively impact annual revenue by approximately xx Million.
Emerging Opportunities in Particle Board Industry in India
Emerging opportunities lie in the growing demand for specialized particle boards with enhanced properties (e.g., fire-resistant, waterproof); the increasing adoption of sustainable raw materials like bagasse; and the expansion into untapped markets in rural areas. Technological advancements in manufacturing and the development of innovative product applications present further growth avenues.
Leading Players in the Particle Board Industry in India Market
- 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 Developments in Particle Board Industry in India Industry
- November 2022: CenturyPly announces a new particle board manufacturing facility in Tamil Nadu with an annual capacity of 360,000 CBM by FY2025.
- December 2021: Greenlam Industries Limited announces investment in a new facility for particle boards and plywood, with a planned annual particleboard capacity of 231,000 CBM.
These developments signal a positive outlook for industry capacity expansion and increased production.
Strategic Outlook for Particle Board Industry in India Market
The Indian particle board market presents substantial growth potential, driven by robust demand from construction, furniture, and infrastructure sectors. Continued innovation in product development, the adoption of sustainable raw materials, and expansion into new markets will be key growth catalysts. Companies focusing on efficiency, sustainability, and product differentiation are well-positioned to capitalize on future opportunities. The market is poised for considerable expansion in the coming decade.
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 Regional Market Share
Geographic Coverage of Particle Board Industry in India
Particle Board Industry in India REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 12.15% from 2020-2034 |
| 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, 2020-2032
- 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, 2020-2032
- 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, 2020-2032
- 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, 2020-2032
- 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, 2020-2032
- 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, 2020-2032
- 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. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 Greenlam Industries Limited
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Associate Decor Ltd
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Archidply Decor Ltd
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 Asian Prelam Industries Pvt Ltd
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 Action TESA
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 Peacockmy
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 DMK PARTICLEBOARD LLP
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Krifor Industries Pvt Ltd
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Shirdi Industries Ltd (ASIS India)*List Not Exhaustive
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Positive ChipBoards
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Century Prowud
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 EverGreen Boardlam Pvt Ltd
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Bajaj Hindusthan Sugar Ltd
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.1 Greenlam Industries Limited
List of Figures
- Figure 1: Global Particle Board Industry in India Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America Particle Board Industry in India Revenue (Million), by Raw Material 2025 & 2033
- Figure 3: North America Particle Board Industry in India Revenue Share (%), by Raw Material 2025 & 2033
- Figure 4: North America Particle Board Industry in India Revenue (Million), by Application 2025 & 2033
- Figure 5: North America Particle Board Industry in India Revenue Share (%), by Application 2025 & 2033
- Figure 6: North America Particle Board Industry in India Revenue (Million), by Country 2025 & 2033
- Figure 7: North America Particle Board Industry in India Revenue Share (%), by Country 2025 & 2033
- Figure 8: South America Particle Board Industry in India Revenue (Million), by Raw Material 2025 & 2033
- Figure 9: South America Particle Board Industry in India Revenue Share (%), by Raw Material 2025 & 2033
- Figure 10: South America Particle Board Industry in India Revenue (Million), by Application 2025 & 2033
- Figure 11: South America Particle Board Industry in India Revenue Share (%), by Application 2025 & 2033
- Figure 12: South America Particle Board Industry in India Revenue (Million), by Country 2025 & 2033
- Figure 13: South America Particle Board Industry in India Revenue Share (%), by Country 2025 & 2033
- Figure 14: Europe Particle Board Industry in India Revenue (Million), by Raw Material 2025 & 2033
- Figure 15: Europe Particle Board Industry in India Revenue Share (%), by Raw Material 2025 & 2033
- Figure 16: Europe Particle Board Industry in India Revenue (Million), by Application 2025 & 2033
- Figure 17: Europe Particle Board Industry in India Revenue Share (%), by Application 2025 & 2033
- Figure 18: Europe Particle Board Industry in India Revenue (Million), by Country 2025 & 2033
- Figure 19: Europe Particle Board Industry in India Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East & Africa Particle Board Industry in India Revenue (Million), by Raw Material 2025 & 2033
- Figure 21: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Raw Material 2025 & 2033
- Figure 22: Middle East & Africa Particle Board Industry in India Revenue (Million), by Application 2025 & 2033
- Figure 23: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Application 2025 & 2033
- Figure 24: Middle East & Africa Particle Board Industry in India Revenue (Million), by Country 2025 & 2033
- Figure 25: Middle East & Africa Particle Board Industry in India Revenue Share (%), by Country 2025 & 2033
- Figure 26: Asia Pacific Particle Board Industry in India Revenue (Million), by Raw Material 2025 & 2033
- Figure 27: Asia Pacific Particle Board Industry in India Revenue Share (%), by Raw Material 2025 & 2033
- Figure 28: Asia Pacific Particle Board Industry in India Revenue (Million), by Application 2025 & 2033
- Figure 29: Asia Pacific Particle Board Industry in India Revenue Share (%), by Application 2025 & 2033
- Figure 30: Asia Pacific Particle Board Industry in India Revenue (Million), by Country 2025 & 2033
- Figure 31: Asia Pacific Particle Board Industry in India Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 2: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 3: Global Particle Board Industry in India Revenue Million Forecast, by Region 2020 & 2033
- Table 4: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 5: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 6: Global Particle Board Industry in India Revenue Million Forecast, by Country 2020 & 2033
- Table 7: United States Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 8: Canada Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 9: Mexico Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 10: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 11: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 12: Global Particle Board Industry in India Revenue Million Forecast, by Country 2020 & 2033
- Table 13: Brazil Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 14: Argentina Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 15: Rest of South America Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 16: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 17: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 18: Global Particle Board Industry in India Revenue Million Forecast, by Country 2020 & 2033
- Table 19: United Kingdom Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 20: Germany Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 21: France Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 22: Italy Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 23: Spain Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 24: Russia Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 25: Benelux Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 26: Nordics Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 27: Rest of Europe Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 29: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 30: Global Particle Board Industry in India Revenue Million Forecast, by Country 2020 & 2033
- Table 31: Turkey Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 32: Israel Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 33: GCC Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 34: North Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 35: South Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 36: Rest of Middle East & Africa Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 37: Global Particle Board Industry in India Revenue Million Forecast, by Raw Material 2020 & 2033
- Table 38: Global Particle Board Industry in India Revenue Million Forecast, by Application 2020 & 2033
- Table 39: Global Particle Board Industry in India Revenue Million Forecast, by Country 2020 & 2033
- Table 40: China Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 41: India Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 42: Japan Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 43: South Korea Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 44: ASEAN Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 45: Oceania Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
- Table 46: Rest of Asia Pacific Particle Board Industry in India Revenue (Million) Forecast, by Application 2020 & 2033
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?
To stay informed about further developments, trends, and reports in the Particle Board Industry in India, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
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