Product Code: ETC032324 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India laminated particle board market import shipment experienced a negative CAGR from 2020 to 2024, indicating a slowdown in growth. The market saw a significant decline in growth rate between 2023 and 2024, suggesting a further contraction. Overall, the market trend shows a pronounced deceleration and loss of momentum during this period.
India Laminated Particle Board (LPB) Market is projected to grow at a CAGR of 6.6% during the forecast period 2025-2031. LPB is an engineered material that comprises wood fibers, sawdust and resin binder which are pressed together under high pressure and temperature to form panels or boards used in furniture making, wall paneling and flooring applications. It has higher resistance against cracking, shrinking and warping as compared to plywood which makes it ideal for outdoor use. Growing construction activities coupled with increasing urbanization across the country will boost demand for laminated particle board over the coming years.
? Increasing urbanization across India will drive growth of India laminated particle board market during forecast period.
? Rising investments towards home d?cor & renovation projects will fuel demand for laminated particle boards in upcoming years.
? Growing disposable income due to rising wages along with changing lifestyle preferences among population will propel industry growth ahead
? Availability of relatively cheaper substitutes such as plywood may impede market revenue growth over the long term
? Manufacturers have shifted their focus on developing innovative products including fire retardant LPBs, waterproof variants etc., owing to its superior strength & durability properties
? With growing concern regarding environment protection, manufacturers are opting for eco-friendly solutions such as recycled content based materials
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 India Laminated Particle Board Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Laminated Particle Board Market Revenues & Volume, 2021 & 2031F |
3.3 India Laminated Particle Board Market - Industry Life Cycle |
3.4 India Laminated Particle Board Market - Porter's Five Forces |
3.5 India Laminated Particle Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Laminated Particle Board Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Laminated Particle Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for affordable and durable furniture solutions in India |
4.2.2 Increasing urbanization leading to higher demand for housing and commercial spaces |
4.2.3 Rise in disposable income and changing consumer preferences towards modern interior designs |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like wood, adhesives, and laminates |
4.3.2 Intense competition from traditional wooden furniture and alternative materials |
4.3.3 Challenges in maintaining consistent quality standards and meeting environmental regulations |
5 India Laminated Particle Board Market Trends |
6 India Laminated Particle Board Market, By Types |
6.1 India Laminated Particle Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Laminated Particle Board Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 India Laminated Particle Board Market Revenues & Volume, By Raw Particleboard, 2021-2031F |
6.1.4 India Laminated Particle Board Market Revenues & Volume, By Fire Resistant Particleboard, 2021-2031F |
6.1.5 India Laminated Particle Board Market Revenues & Volume, By Moisture Resistant Particleboard, 2021-2031F |
6.2 India Laminated Particle Board Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Laminated Particle Board Market Revenues & Volume, By Furniture and Interior Decoration, 2021-2031F |
6.2.3 India Laminated Particle Board Market Revenues & Volume, By Ceiling and Wall Paneling, 2021-2031F |
6.2.4 India Laminated Particle Board Market Revenues & Volume, By Partition Walls, 2021-2031F |
6.2.5 India Laminated Particle Board Market Revenues & Volume, By Doors, 2021-2031F |
6.2.6 India Laminated Particle Board Market Revenues & Volume, By Flooring, 2021-2031F |
7 India Laminated Particle Board Market Import-Export Trade Statistics |
7.1 India Laminated Particle Board Market Export to Major Countries |
7.2 India Laminated Particle Board Market Imports from Major Countries |
8 India Laminated Particle Board Market Key Performance Indicators |
8.1 Average selling price per unit of laminated particle board |
8.2 Number of infrastructure projects using laminated particle board |
8.3 Percentage of market share held by key players in the laminated particle board industry |
9 India Laminated Particle Board Market - Opportunity Assessment |
9.1 India Laminated Particle Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Laminated Particle Board Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Laminated Particle Board Market - Competitive Landscape |
10.1 India Laminated Particle Board Market Revenue Share, By Companies, 2024 |
10.2 India Laminated Particle Board Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |