Bangladesh Particle Board Market Outlook (2021-2027) | Size, Companies, Growth, Value, Forecast, Industry, COVID-19 IMPACT, Revenue, Share, Analysis & Trends
Market Forecast By Material Types (Wood Chip Particle Board, Jute Chip Particle Board), By Finishing Types (Melamine, Lacquer, Veneer), By Applications (Furniture, Construction, Flooring) and competitive landscape.
| Product Code: ETC150141 | Publication Date: Nov 2021 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 71 | No. of Figures: 54 | No. of Tables: 5 |
The Bangladesh Particle Board Market report thoroughly covers market by material types, finishing types and applications. Bangladesh particle board market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Particle Board Market Synopsis
Bangladesh particle board market witnessed a significant growth during the period 2017-2020 owing to rising commercial construction and housing industry in Bangladesh. During this period construction sector received significant lending from the banking sector leading to growth in furniture market and hence, rise in particle board demand. Though, COVID-19 pandemic affected the growth in particle board market, but it regained momentum as the restrictions were withdrawn and the construction sector resumed its activities.
According to 6Wresearch, the Bangladesh Particle Board Market size is projected to grow at a CAGR of 12.6% during 2021-2027F. Rising demand for furniture in office space and hospitality sector would propel the growth of the market in Bangladesh during forecast period.
Market by Material Types Analysis
In terms of material types, wood chip particle board contributed 83.5% revenue share in the Bangladesh particle board market in 2020. This is on the account of their higher preference of wood chip particle board as a result of its higher durability and strength, wood chip particle board dominated the Bangladesh particle board market in 2020 and is expected to continue its domination on account of its wide applications across furniture, flooring, false ceiling and many more.
Market by Finishing Types Analysis
In 2020, melamine finishing type acquired 67.8% revenue share in Bangladesh particle board market on account of its higher preference in commercial and residential spaces of the country. This trend would continue to persist in the coming years as the result of rapid urbanization in the country. Moreover, Lacquer particle board is expected to have the fastest growth in the coming years in Bangladesh particle board market on account of its low pricing and higher durability.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
Key Highlights of the Report
- Bangladesh Particle Board Market Overview
- Bangladesh Particle Board Market Outlook
- Bangladesh Particle Board Market Forecast
- Historical Data and Forecast of Bangladesh Particle Board Market Revenues and Volume, for the Period 2017-2027F
- Historical Data and Forecast of Bangladesh Particle Board Market Revenues and Volume, By Material Types, for the Period 2017-2027F
- Historical Data and Forecast of Bangladesh Particle Board Market Revenues, By Finishing Types, for the Period 2017-2027F
- Historical Data and Forecast of Bangladesh Particle Board Market Revenues, By Applications, for the Period 2017-2027F
- Bangladesh Particle Board Market Revenue Share, By Market Players
- Bangladesh Particle Board Market Value Chain
- Covid-19 Impact on Bangladesh Particle Board Market
- Bangladesh Particle Board Market Drivers and Restraints
- Bangladesh Particle Board Market Trends
- Bangladesh Particle Board Market Porters Five Forces
- Bangladesh Particle Board Market Opportunity Assessment
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- By Material Types
- Wood Chip Particle Board
- Jute Chip Particle Board
- By Finishing Types
- Melamine
- Lacquer
- Veneer
- By Applications
- Furniture
- Construction
- Flooring
Bangladesh Particle Board Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The Bangladesh Particle Board Market revenue is anticipated to record a CAGR of 12.6% during 2021-27.
The segment woodchip particle board is the leading contributors to the overall particle board market in Bangladesh, on the account of its wide applications across furniture, flooring, false ceiling and many more.
Lacquer particle board would record key growth throughout the forecast period 2021-27.
The key players of the market include Woodland Plywood & Particle Board Mills Ltd., Akij Group, Partex Star Group, MRS Industries Ltd., TK Group, Akhtar Group and Amber Group.
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1. Executive Summary |
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2. Introduction |
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2.1 Report Description |
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2.2 Key Highlights of the Report |
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2.3 Market Scope & Segmentation |
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2.4 Research Methodology |
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2.5 Assumptions |
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3. Bangladesh Particle Board Market Overview |
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3.1 Bangladesh Particle Board Market Revenues and Volume (2017-2027F) |
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3.2 Bangladesh Particle Board Market-Industry Life Cycle |
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3.3 Bangladesh Particle Board Market-Porter’s Five Forces |
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3.4 Bangladesh Particle Board Market Revenue and Volume Share, By Material Types (2020 & 2027F) |
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3.5 Bangladesh Particle Board Market Revenue Share, By Finishing Types (2020 & 2027F) |
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3.6 Bangladesh Particle Board Market Revenue Share, By Applications (2020 & 2027F) |
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4. Impact Analysis of Covid-19 on Bangladesh Particle Board Market |
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5. Bangladesh Particle Board Market Dynamics |
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5.1 Impact Analysis |
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5.2 Market Drivers |
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5.3 Market Restraints |
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6. Bangladesh Particle Board Market Trends |
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7. Bangladesh Particle Board Market, By Material Types |
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7.1 Bangladesh Particle Board Market Revenues, By Material Types (2017-2027F) |
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7.1.1 Bangladesh Particle Board Market Revenue, By Wood Chip Particle Board (2017-2027F) |
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7.1.2 Bangladesh Particle Board Market Revenue, By Jute Chip Particle Board (2017-2027F) |
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7.2 Bangladesh Particle Board Market Volume, By Material Types (2017-2027F) |
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7.2.1 Bangladesh Particle Board Market Volume, By Wood Chip Particle Board (2017-2027F) |
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7.2.2 Bangladesh Particle Board Market Volume, By Jute Chip Particle Board (2017-2027F) |
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8. Bangladesh Particle Board Market, By Finishing Types |
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8.1 Bangladesh Particle Board Market Revenues, By Finishing Types (2017-2027F) |
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8.1.1 Bangladesh Particle Board Market Revenues, By Melamine (2017-2027F) |
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8.1.2 Bangladesh Particle Board Market Revenues, By Lacquer (2017-2027F) |
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8.1.3 Bangladesh Particle Board Market Revenues, By Veneer (2017-2027F) |
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9. Bangladesh Particle Board Market, By Applications |
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9.1 Bangladesh Particle Board Market Revenues, By Applications (2017-2027F) |
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9.1.1 Bangladesh Particle Board Market Revenues, By Furniture (2017-2027F) |
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9.1.2 Bangladesh Particle Board Market Revenues, By Construction (2017-2027F) |
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9.1.3 Bangladesh Particle Board Market Revenues, By Flooring (2017-2027F) |
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10. Bangladesh Particle Board Market Import-Export Trade Statistics |
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11. Bangladesh Particle Board Market - Key Performance Indicators |
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11.1 Bangladesh Hotel and Restaurant Outlook |
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11.2 Bangladesh Construction Outlook |
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11.3 Bangladesh Furniture and Fixture Industry Outlook |
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11.4 Bangladesh Production Outlook |
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11.5 Bangladesh Wood Industry Outlook |
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12. Bangladesh Particle Board Market Opportunity Assessment |
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12.1 Bangladesh Particle Board Market Opportunity Assessment, By Material Types (2027F) |
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12.2 Bangladesh Particle Board Market Opportunity Assessment, By Finishing Types (2027F) |
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12.3 Bangladesh Particle Board Market Opportunity Assessment, By Applications (2027F) |
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13. Bangladesh Particle Board Market – Competitive Landscape |
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13.1 Bangladesh Particle Board Market Revenue Share, By Company (2020) |
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13.2 Bangladesh Particle Board Market Competitive Benchmarking, By Technical Parameters |
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13.3 Bangladesh Particle Board Market Competitive Benchmarking, By Operating Parameters |
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14. Company Profiles |
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14.1 Woodland Plywood & Particle Board Mills Ltd. |
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14.2 Akij Group |
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14.3 Partex Star Group |
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14.4 MRS Industries Ltd. |
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14.5 TK Group |
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14.6 Akhtar Group |
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14.7 Amber Group |
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15. Key Strategic Recommendations |
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16. Disclaimer |
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List of Figure: |
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Figure1. Bangladesh Particle Board Market Revenues and Volume, 2017-2027F ($ Million, 000 Sq. Meter) |
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Figure2. Bangladesh Particle Board Market Revenue Share, By Material Types, 2020 & 2027F |
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Figure3. Bangladesh Particle Board Market Volume Share, By Material Types, 2020 & 2027F |
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Figure4. Bangladesh Particle Board Market Revenue Share, By Finishing Types, 2020 & 2027F |
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Figure5. Bangladesh Particle Board Market Revenue Share, By Applications, 2020 & 2027F |
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Figure6. Total Population of Bangladesh (Million) |
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Figure7. Urban population of Bangladesh (Million) |
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Figure8. Number of International arrivals in Bangladesh, 2015-2019 (Thousands) |
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Figure9. Import Values of Vener Sheet/Sheet For Plywood in Bangladesh, Jul 2019-Dec 2019 & Jan 2020-Jun 2020 (BDT) |
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Figure10. Particle board import in Bangladesh, 2020 ($ Thousand) |
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Figure11. Particle board export in Bangladesh, 2020 ($ Thousand) |
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Figure12. Hotels and Restaurants industry contribution to Bangladesh’s GDP, FY2016-2017 to FY2019-2020(p) (BDT Million) |
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Figure13. Construction industry contribution to Bangladesh’s GDP, FY2015-2016 to FY2019-2020(p) (BDT Million) |
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Figure14. Production Of Particle Board/Plywood by 2 establishments, (000 Sq. meter) |
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Figure15. Indices of Industrial Production (Manufacturing) of wood and products of wood and cork |
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Figure16. Jute production in Bangladesh, in Million Bales |
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Figure17. Projections of Timber demand, 2016-2050F (million m3) |
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List of Tables: |
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Table1. Bangladesh Particle Board Market Revenues, By Material Types, 2017-2027F ($ Million) |
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Table2. Bangladesh Particle Board Market Volume, By Material Types, 2017-2027F (000 Sq. Meter) |
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Table3. Bangladesh Particle Board Market Revenues, By Finishing Types, 2017-2027F ($ Million) |
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Table4. Bangladesh Particle Board Market Revenues, By Applications, 2017-2027F ($ Million) |
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Table5. Bangladesh furniture and fixtures industry export earnings |
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