Product Code: ETC354145 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand Fiberboard Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 0.20% in 2025, climbs to a high of 0.57% in 2028, and moderates to 0.45% by 2029.
In the Asia region, the Fiberboard market in Thailand is projected to expand at a stable growth rate of 0.47% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The Thailand fiberboard market has witnessed substantial growth in response to the booming construction and furniture industries. Fiberboard, also known as medium-density fiberboard (MDF) and particleboard, is a popular choice for furniture and interior applications due to its cost-effectiveness and versatility. As Thailand continues to urbanize and invest in infrastructure, the demand for fiberboard products such as cabinets, shelves, and decorative panels has surged. The market has attracted both domestic and international manufacturers, leading to increased competition and product innovation. Sustainability concerns have also influenced market dynamics, prompting the development of eco-friendly fiberboard options.
The Thailand fiberboard market is experiencing significant growth driven by the construction and furniture industries. Fiberboard, a versatile engineered wood product, is favored for its affordability and ease of use. As the construction sector in Thailand continues to expand, fiberboard finds extensive application in interior fittings and furnishings. Furthermore, the emphasis on sustainable construction practices has boosted the adoption of eco-friendly fiberboard products, aligning with the country`s commitment to environmental conservation.
The Thailand Fiberboard market grapples with issues such as raw material supply, environmental regulations, and market saturation. Availability and pricing of raw materials, like wood fibers, can be unpredictable, impacting production costs. Environmental regulations regarding emissions and sustainability are becoming stricter, requiring investments in eco-friendly processes. Market saturation and competition from alternative materials also challenge the growth prospects of the industry.
The Thailand fiberboard market faced several challenges due to the COVID-19 pandemic. Fiberboard is widely used in construction and furniture manufacturing, both of which were impacted by the pandemic`s disruptions. Lockdowns and reduced construction activity led to a decline in demand for fiberboard. Additionally, supply chain interruptions and transportation constraints affected the availability of raw materials, causing delays in production. Manufacturers in the fiberboard industry had to adjust their operations to meet safety guidelines, which sometimes slowed down output. As Thailand economy reopened, the fiberboard market gradually rebounded, but it continued to face uncertainties related to the ongoing pandemic.
Within the Thailand fiberboard market, leading players have been contributing to the production of high-quality fiberboard products. Companies like SCG Wood Industry Co., Ltd., and Swiss Krono Group Thailand have gained prominence for their durable and eco-friendly fiberboard solutions. Their commitment to sustainable practices and innovative product offerings has positioned them as leaders in the construction and furniture industries.
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 Thailand Fiberboard Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Fiberboard Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Fiberboard Market - Industry Life Cycle |
3.4 Thailand Fiberboard Market - Porter's Five Forces |
3.5 Thailand Fiberboard Market Revenues & Volume Share, By Board Type, 2021 & 2031F |
3.6 Thailand Fiberboard Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Thailand Fiberboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable construction materials |
4.2.2 Increasing investments in the construction and furniture industries in Thailand |
4.2.3 Favorable government regulations promoting the use of fiberboard in various applications |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Intense competition from substitute materials like plywood and MDF |
4.3.3 Economic downturn impacting the overall demand for construction materials |
5 Thailand Fiberboard Market Trends |
6 Thailand Fiberboard Market, By Types |
6.1 Thailand Fiberboard Market, By Board Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Fiberboard Market Revenues & Volume, By Board Type, 2021-2031F |
6.1.3 Thailand Fiberboard Market Revenues & Volume, By Hardboard, 2021-2031F |
6.1.4 Thailand Fiberboard Market Revenues & Volume, By Medium/Hard Density Fiberboard MDF/HDF, 2021-2031F |
6.1.5 Thailand Fiberboard Market Revenues & Volume, By Other Fiberboard, 2021-2031F |
6.2 Thailand Fiberboard Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Fiberboard Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Thailand Fiberboard Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Thailand Fiberboard Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Fiberboard Market Import-Export Trade Statistics |
7.1 Thailand Fiberboard Market Export to Major Countries |
7.2 Thailand Fiberboard Market Imports from Major Countries |
8 Thailand Fiberboard Market Key Performance Indicators |
8.1 Percentage of new construction projects using fiberboard as a primary material |
8.2 Adoption rate of fiberboard in furniture manufacturing sector |
8.3 Average production cost per unit of fiberboard |
8.4 Research and development investment in enhancing fiberboard properties |
8.5 Number of partnerships or collaborations with construction companies for fiberboard applications |
9 Thailand Fiberboard Market - Opportunity Assessment |
9.1 Thailand Fiberboard Market Opportunity Assessment, By Board Type, 2021 & 2031F |
9.2 Thailand Fiberboard Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Thailand Fiberboard Market - Competitive Landscape |
10.1 Thailand Fiberboard Market Revenue Share, By Companies, 2024 |
10.2 Thailand Fiberboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |