Bangladesh Particle Board Market Outlook (2021-2027)
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.
According to 6Wresearch, the Bangladesh Particle Board Market size is projected to grow at a CAGR of 12.6% during 2021-2027F. The primary reason for growth in the Bangladesh particle board industry can be attributed to the rising furniture and construction industry in the country. Moreover, with rising restaurants, cafes and food joints in the country, the demand for particle board would augment from the commercial sector.
Bangladesh particle board market witnessed a significant growth during the period 2017-2020 on the back of growth registered in construction and furniture industry in Bangladesh. The middle class of Bangladesh had witnessed increase in per capita income thus enabling the people to buy furniture made up of particle board in the country. Additionally, furniture industry which includes particle board segment has recorded a notable rise in demand in the recent past on account of change in consumer behaviour and buying pattern in the country.
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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.
Key Highlights of the Report
Bangladesh Particle Board Market Overview
Bangladesh Particle Board Market Trends
Bangladesh Particle Board Market Outlook
Bangladesh Particle Board Market Forecast
Bangladesh Particle Board Market Revenue Share, By Market Players
Bangladesh Particle Board Market Drivers and Restraints
Bangladesh Particle Board Market Value Chain
Covid-19 Impact on Bangladesh Particle Board Market
Bangladesh Particle Board Market Porters Five Forces
Bangladesh Particle Board Market Opportunity Assessment
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
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
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