| Product Code: ETC10470798 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
India`s wood-based panels import market in 2024 saw a continued dominance of top exporting countries such as Thailand, Bhutan, China, Germany, and Malaysia. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a concerning CAGR of -8.45% from 2020 to 2024. The growth rate plummeted further in 2024 by -26.25%, reflecting challenges within the sector. Stakeholders should closely monitor these trends and explore strategies to revitalize the wood-based panels import market in India.

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 Wood-Based Panels Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Wood-Based Panels Market Revenues & Volume, 2021 & 2031F |
3.3 India Wood-Based Panels Market - Industry Life Cycle |
3.4 India Wood-Based Panels Market - Porter's Five Forces |
3.5 India Wood-Based Panels Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Wood-Based Panels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Wood-Based Panels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable building materials |
4.2.2 Increasing construction activities in India |
4.2.3 Government initiatives to promote the use of wood-based panels in construction and furniture industries |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Competition from alternative materials like PVC and aluminum composite panels |
4.3.3 Lack of awareness about the benefits of wood-based panels among consumers |
5 India Wood-Based Panels Market Trends |
6 India Wood-Based Panels Market, By Types |
6.1 India Wood-Based Panels Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Wood-Based Panels Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Wood-Based Panels Market Revenues & Volume, By Plywood, 2021 - 2031F |
6.1.4 India Wood-Based Panels Market Revenues & Volume, By Particleboard, 2021 - 2031F |
6.1.5 India Wood-Based Panels Market Revenues & Volume, By MDF, 2021 - 2031F |
6.1.6 India Wood-Based Panels Market Revenues & Volume, By OSB, 2021 - 2031F |
6.2 India Wood-Based Panels Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Wood-Based Panels Market Revenues & Volume, By Furniture, 2021 - 2031F |
6.2.3 India Wood-Based Panels Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.4 India Wood-Based Panels Market Revenues & Volume, By Flooring, 2021 - 2031F |
6.2.5 India Wood-Based Panels Market Revenues & Volume, By Packaging, 2021 - 2031F |
7 India Wood-Based Panels Market Import-Export Trade Statistics |
7.1 India Wood-Based Panels Market Export to Major Countries |
7.2 India Wood-Based Panels Market Imports from Major Countries |
8 India Wood-Based Panels Market Key Performance Indicators |
8.1 Average selling price of wood-based panels |
8.2 Percentage of new construction projects using wood-based panels |
8.3 Adoption rate of wood-based panels in the furniture industry |
9 India Wood-Based Panels Market - Opportunity Assessment |
9.1 India Wood-Based Panels Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Wood-Based Panels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Wood-Based Panels Market - Competitive Landscape |
10.1 India Wood-Based Panels Market Revenue Share, By Companies, 2024 |
10.2 India Wood-Based Panels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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