Product Code: ETC098640 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The wood based panel market in Qatar is estimated to have a value of approximately USD 8. 9 million in 2018 with a projected CAGR of 5.8%. Demand for wood panels comes mainly from furniture manufacturers who use them as raw material for their products. This growth is mainly attributed to increasing construction activities due to government initiatives towards infrastructural development as well as urbanization projects. Additionally, increasing investments from foreign players are also set to drive the market in Qatar over the forecast period.
The Qatar wood-based panel market is set to experience growth owing to the rising demand in the construction and furniture industries. As the country`s urbanization and real estate development continue, the need for interior fittings, furniture, and wood-based construction materials is increasing. Wood-based panels like plywood, particleboard, and MDF are preferred for their versatility, durability, and eco-friendliness, driving their adoption in the market.
The Qatar wood-based panel market is confronted with several challenges. Limited domestic timber resources force the industry to heavily rely on imports, leading to potential supply chain disruptions and price fluctuations due to global market dynamics. The sustainability concern related to deforestation and responsible sourcing poses a challenge, as consumers and regulations increasingly demand environmentally friendly products. The high manufacturing costs associated with advanced processing technologies and quality control impact the market`s competitiveness. Additionally, the market faces competition from alternative materials, such as plastic-based panels, which might affect the demand for wood-based panels in various applications.
The wood-based panel market in Qatar saw challenges during the COVID-19 pandemic due to disruptions in supply chains and reduced consumer spending. The lockdowns and restrictions affected the construction sector, a significant consumer of wood-based panels. This led to a decline in demand for products like plywood and particleboard. However, the market demonstrated resilience as construction activities resumed. Qatar focus on sustainable building practices and its commitment to environmental considerations are expected to boost the use of wood-based panels in construction. The market is anticipated to rebound as the economy recovers and construction projects gain momentum.
The Qatar wood-based panel market is experiencing steady growth as the construction and furniture industries expand. With an emphasis on sustainable and eco-friendly materials, wood-based panels are in demand for various applications including furniture, interior decor, and wall paneling. Leading players like Kronospan and Masisa are contributing to the market with their diverse product portfolios, offering a wide range of panels such as particleboard, MDF (medium-density fiberboard), and plywood.
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 Qatar Wood Based PanelMarket Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Wood Based PanelMarket Revenues & Volume, 2021 & 2031F |
3.3 Qatar Wood Based PanelMarket - Industry Life Cycle |
3.4 Qatar Wood Based PanelMarket - Porter's Five Forces |
3.5 Qatar Wood Based PanelMarket Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Qatar Wood Based PanelMarket Revenues & Volume Share, By Application, 2021 & 2031F |
4 Qatar Wood Based PanelMarket Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Wood Based PanelMarket Trends |
6 Qatar Wood Based PanelMarket, By Types |
6.1 Qatar Wood Based PanelMarket, By Product |
6.1.1 Overview and Analysis |
6.1.2 Qatar Wood Based PanelMarket Revenues & Volume, By Product, 2021-2031F |
6.1.3 Qatar Wood Based PanelMarket Revenues & Volume, By Medium density fiberboard (MDF), 2021-2031F |
6.1.4 Qatar Wood Based PanelMarket Revenues & Volume, By High density fiberboard (HDF), 2021-2031F |
6.1.5 Qatar Wood Based PanelMarket Revenues & Volume, By Particleboard, 2021-2031F |
6.1.6 Qatar Wood Based PanelMarket Revenues & Volume, By Oriented Strand Board (OSB), 2021-2031F |
6.1.7 Qatar Wood Based PanelMarket Revenues & Volume, By Softboard, 2021-2031F |
6.1.8 Qatar Wood Based PanelMarket Revenues & Volume, By Hardboard, 2021-2031F |
6.2 Qatar Wood Based PanelMarket, By Application |
6.2.1 Overview and Analysis |
6.2.2 Qatar Wood Based PanelMarket Revenues & Volume, By Furniture, 2021-2031F |
6.2.3 Qatar Wood Based PanelMarket Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Qatar Wood Based PanelMarket Revenues & Volume, By Packaging, 2021-2031F |
7 Qatar Wood Based PanelMarket Import-Export Trade Statistics |
7.1 Qatar Wood Based PanelMarket Export to Major Countries |
7.2 Qatar Wood Based PanelMarket Imports from Major Countries |
8 Qatar Wood Based PanelMarket Key Performance Indicators |
9 Qatar Wood Based PanelMarket - Opportunity Assessment |
9.1 Qatar Wood Based PanelMarket Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Qatar Wood Based PanelMarket Opportunity Assessment, By Application, 2021 & 2031F |
10 Qatar Wood Based PanelMarket - Competitive Landscape |
10.1 Qatar Wood Based PanelMarket Revenue Share, By Companies, 2024 |
10.2 Qatar Wood Based PanelMarket Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |