Product Code: ETC096347 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
High density fibreboard (HDF) is a type of engineered wood product produced from wood fibers and adhesives. It has good strength, dimensional stability, and stiffness properties which make it suitable for use in furniture manufacturing, interior design products, flooring etc. HDF is generally denser than particle board and oriented strand board (OSB), making it the most popular choice for many applications.
Recent trends indicate that the Indonesia High Density Fibreboard Market is expected to grow at a CAGR of 7-8% during 2025-2031 backed by increasing demand from sectors such as furniture production, construction activities and other manufacturing industries. At present, Indonesia share in the global HDF market stands at 4%. The country also holds a leading position among Southeast Asian countries in terms of HDF production capacity with over 200 factories across its territory. Moreover, growth in disposable income coupled with rising urbanization rate are likely to boost the demand for medium & high end furniture items further fueling the growth opportunities for High Density Fibreboard manufacturers in Indonesia going forward.
The major drivers impacting the growth of this market include rapid industrialization & urbanization along with growing spending on home improvement activities across Indonesia which has resulted into increased usage of medium & high end furniture items thereby driving up demands for HDF panels used widely within them. Besides this government initiatives aimed towards promoting sustainable development through using environment friendly building materials such as HDFs have also been supporting its growth prospects significantly over recent years. Additionally factors like easy availability& accessibility; low cost compared with other boards; superior physical characteristics; fire resistance & water proof properties along with versatile applications associated with these products have been aiding their widespread adoption rates among various industries including household goods production sector besides construction industry across Indonesia over past few years thus positively influencing overall market scenario globally too.
The impact of the COVID-19 pandemic has been felt across all sectors in Indonesia, including the high density fibreboard market. The pandemic resulted in a disruption of supply chains and export activities, leading to decreased demand for products from the country`s timber industry. Additionally, restrictions on movement imposed by governments have led to reduced consumer spending power and a decline in sales for related industries. As such, business activity within this sector was adversely affected during 2025.
One major challenge faced by the Indonesia high density fibreboard market is the lack of adequate infrastructure and skilled labour force available to support production operations. Furthermore, there are limited sources of raw materials available domestically which increases costs associated with importation from other countries. Environmental regulations are also stringent with regards to deforestation which limits opportunities for expansion within this sector as well as contributes towards higher production costs due to compliance requirements.
Some key players operating within the Indonesia high density fiberboard market include Bina Insan Bangun Mandiri (BIBM), West Kalimantan Fiber Board (WKF), PT Indah Kiat Pulp & Paper Tbk., Asia Pacific Resources International Holdings Limited (APRIL Group) and Sinarmas Forestry & Paper Products Ltd.. These companies together account for a large portion of HDF production volume within Indonesia and have established strong reputations for quality products amongst buyers both domestically and abroad.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia High density fibreboard Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia High density fibreboard Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia High density fibreboard Market - Industry Life Cycle |
3.4 Indonesia High density fibreboard Market - Porter's Five Forces |
3.5 Indonesia High density fibreboard Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia High density fibreboard Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia High density fibreboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia High density fibreboard Market Trends |
6 Indonesia High density fibreboard Market, By Types |
6.1 Indonesia High density fibreboard Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia High density fibreboard Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia High density fibreboard Market Revenues & Volume, By Fire-rated HDF, 2021-2031F |
6.1.4 Indonesia High density fibreboard Market Revenues & Volume, By Moisture Resistant HDF, 2021-2031F |
6.1.5 Indonesia High density fibreboard Market Revenues & Volume, By General HDF, 2021-2031F |
6.2 Indonesia High density fibreboard Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Indonesia High density fibreboard Market Revenues & Volume, By Furniture Industry, 2021-2031F |
6.2.3 Indonesia High density fibreboard Market Revenues & Volume, By Building Materials, 2021-2031F |
6.2.4 Indonesia High density fibreboard Market Revenues & Volume, By Interior Decoration, 2021-2031F |
7 Indonesia High density fibreboard Market Import-Export Trade Statistics |
7.1 Indonesia High density fibreboard Market Export to Major Countries |
7.2 Indonesia High density fibreboard Market Imports from Major Countries |
8 Indonesia High density fibreboard Market Key Performance Indicators |
9 Indonesia High density fibreboard Market - Opportunity Assessment |
9.1 Indonesia High density fibreboard Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia High density fibreboard Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia High density fibreboard Market - Competitive Landscape |
10.1 Indonesia High density fibreboard Market Revenue Share, By Companies, 2024 |
10.2 Indonesia High density fibreboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |