| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Historical Data Period | 2019 - 2023 |
| CAGR | 4.00 % |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Particle Board Market Analysis
The Europe Particle Board Market is expected to register a CAGR of greater than 4% during the forecast period.
- Over the short term, the increasing demand for particle boards for furniture manufacturing, coupled with the ease in availability of raw materials, is projected to fuel market growth over the forecast period.
- However, it is estimated that the threat of medium-density fiberboard as a substitute is expected to hamper the market growth over the forecast period.
- Nevertheless, upcoming construction and infrastructure projects are projected to generate opportunities in the future for the European particle board market.
Europe Particle Board Market Trends
Growing Demand in the Construction Sector
- Particle boards are used to construct the interiors of buildings, such as floors, partitions, wall paneling, faux ceiling, and shelving, owing to their advantages, such as their lightweight, low cost, ease of installation, and thermo-acoustic insulation qualities. As particle board is made from scrap timber, it is both environmentally beneficial and less expensive than plywood.
- Rising construction activities, combined with a greater emphasis on home interior design, are promoting particle board demand in a variety of applications, such as flooring material. They serve as a base for parquet, wood, and carpeted floors.
- According to the United Nations Economic Commission for Europe (UNECE), Germany has the largest GDP share of 5.90% in the construction industry compared to Spain, France, and Italy.
- The European construction industry has been steadily growing in recent years due to increased infrastructural spending. Germany boasts of hosting Europe's largest construction industry. The country's construction industry has been developing slowly, primarily due to increased new residential construction operations.
- Furthermore, according to the Federal Statistical Office (Destatis), the building comprising nearly 32,384 houses was approved in Germany in May 2021, an increase of 8.7% from April 2021. Most European countries' construction sectors account for 4-7% of their GDP in 2021.
- Furthermore, the government of the United Kingdom proposes to invest GBP 23 billion (USD 27.69 billion) in housing, science and innovation, transportation, and a 5G network over the next five years under the Northern Powerhouse Investment Fund (NPIF). Around GBP 7.2 billion (USD 9.51 billion) is set aside for new housing buildings, with another GBP 4 billion (USD 4.82 billion) set aside for infrastructure.
- The government's investment of GBP 100 billion (USD 120.63 billion) in large-scale housing and regeneration projects, as well as vital social infrastructures, such as schools, hospitals, and prisons, is expected to boost the demand for engineering particle boards from construction activities.
- Several construction firms believe that office space in Europe has a promising future, so they have undertaken commercial construction projects.
- Europe is experiencing a retail expansion, with new malls being built all over the continent. Some of the most recent European developments are the Metropol Mall in Turkey, Vegas Kuntsevo in Russia, Mall of Scandinavia in Sweden, Westfield Bradford in the United Kingdom, Weberzeile Ried in Austria, Mall of Europe in Belgium, and Lublin Mall in Poland.
- The French government has begun the preliminary preparations for hosting the 2024 Olympics. For instance, the French government has approved a total of around USD 3.3 billion for the construction of the Hermitage towers (two 320-meter-1050-foot structures) scheduled for completion in 2024.
- The required infrastructure for the Olympic event necessitates the construction of 4,500 new homes for locals, 100,000 square meters for business activity, and 20,000 new hotel rooms for guests.
- All the aforementioned factors are expected to drive construction activity in both developing and developed countries, which is likely to benefit the particle board market during the forecast period.
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Germany is Anticipated to Hold a Major Share of Europe
- Germany dominates the particle board market in terms of market share and market revenue. The region is set to continue to flourish in its dominance over the forecast period.
- According to the European Panel Federation, particleboard production volume in Germany accounted for 6.12 million cubic meters in 2021. Further, in 2020, as per Food and Agriculture Organization (FAO), the particleboard production volume in the country accounted for 5.56 million cubic meters.
- Construction contributes 11% of the overall industrial output. The strong performance of the construction sector will stimulate the demand for wood for construction applications. German construction firms are profiting from the rising real estate demand, increased building investments, and increased government infrastructure spending.
- Over the last five years, the European Central Bank's ultra-low lending rates, growing urban population, and significant immigration have all contributed to the construction boom. The sector is contributing to overall economic growth.
- The construction-related sector, which accounts for 16% of the timber industry, is the second-largest segment, after prefabricated building. Manufacturers of windows, doors, staircases, and other wood-based components raised their sales by more than 3% in the previous year. These variables are predicted to have an impact on the country's particle board market demand.
- The German government announced a goal to build approximately 1.5 million dwelling units by 2021. The backlog of pending residential building permits has surpassed 400,000, indicating that the sector may continue to drive expansion.
- According to the new government's plans for 2021, social investments will be made in the construction of 400,000 affordable housing units over the next few years. The country's rising migration has boosted the demand for new residential buildings.
- Germany has the European Union's largest furniture market. According to the German Furniture Industry Association (VDM), the furniture industry increased by 17% in the first nine months of 2021, accounting for EUR 6.2 billion.
- The furniture market is an important sector in the German economy, accounting for approximately 7% of the entire German consumer goods market. The strong purchasing power of consumers provides a chance for producers to innovate.
- Thus, all the above-mentioned factors are likely to provide the increasing demand for the European particle board market during the forecast period.
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Europe Particle Board Industry Overview
The European particle board market is fragmented in nature. Some of the major manufacturers in the market include SAUERLAND Spanplatte , Peter Benson (Plywood) Limited, West Fraser Timber Co. Ltd, Sonae Arauco (UK) Ltd, and EGGER Group , among others (in no particular order).
Europe Particle Board Market Leaders
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SAUERLAND Spanplatte
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Peter Benson (Plywood) Limited
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West Fraser Timber Co. Ltd
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Sonae Arauco (UK) Ltd
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EGGER Group
- *Disclaimer: Major Players sorted in no particular order
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Europe Particle Board Market News
- October 2022: Sonae Arauco presented its highlights for the furniture industry at Sicam Corporation 2022, including numerous products that will be presented for the first time. With the motto "Shaping the future", the international wood-based materials manufacturer is particularly targeting its sustainable solutions in terms of design and the environment.
- August 2021: Norbord Europe joined the West Fraser group, which produces engineered wood-based panel products. Norbord is the UK's number one engineered wood panel manufacturer. It serves the housebuilding and construction industry with a vast array of board products for flooring, paneling, and roofing.
Europe Particle Board Industry Segmentation
Particle board, commonly known as chipboard or low-density fiberboard, is an engineered wood product that is pressed and extruded from wood chips and synthetic resin or other suitable binders. Particle board is less expensive, denser, and more uniform than traditional wood and plywood. The European particle board market is segmented by raw material, application, and geography.
By raw material, the market is segmented into wood (sawdust, shavings, flakes, chips), bagasse, and other raw materials. By applications, the market is segmented into construction, furniture, infrastructure, and other applications. By geography, the market is segmented into Germany, United Kingdom, France, Italy, Russia, Spain, NORDIC Countries, and Rest of Europe. The report covers the market size and forecast for the European particle board market in 7 countries across the European region. For each segment, the market sizing and forecasts have been provided based on volume (kilotons).
| By Raw Material | Wood | Sawdust |
| Shavings | ||
| Flakes | ||
| Chips | ||
| Bagasse | ||
| Other Raw Materials | ||
| By Application | Construction | |
| Furniture | ||
| Infrastructure | ||
| Other Applications | ||
| By Country | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Russia | ||
| Spain | ||
| NORDIC Countries | ||
| Rest of Europe |
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Europe Particle Board Market Research FAQs
What is the current Europe Particle Board Market size?
The Europe Particle Board Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)
Who are the key players in Europe Particle Board Market?
SAUERLAND Spanplatte, Peter Benson (Plywood) Limited, West Fraser Timber Co. Ltd, Sonae Arauco (UK) Ltd and EGGER Group are the major companies operating in the Europe Particle Board Market.
What years does this Europe Particle Board Market cover?
The report covers the Europe Particle Board Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Particle Board Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Europe Particle Board Industry Report
Statistics for the 2025 Europe Particle Board market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Particle Board analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
