Product Code: ETC354150 | 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 Vietnam Fiberboard Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 11.40% in 2025, climbs to a high of 13.53% in 2028, and moderates to 13.03% by 2029.
By 2027, the Fiberboard market in Vietnam is anticipated to reach a growth rate of 13.13%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Vietnam fiberboard market is a significant segment of the wood products industry. Fiberboard, a composite wood product, is used in furniture manufacturing, construction, and interior design. Its popularity stems from its affordability, versatility, and eco-friendly characteristics. The market`s performance is closely linked to trends in housing and furniture demand.
The Vietnam fiberboard market is expanding steadily due to the construction and furniture industries` demand for cost-effective and versatile materials. Fiberboard is a preferred choice for interior applications such as cabinetry, wall paneling, and flooring due to its durability and affordability. As urbanization and housing projects surge, the demand for fiberboard products has increased. Moreover, its versatility in furniture manufacturing and interior design has boosted its adoption, making it a crucial component of the wood-based products industry in Vietnam.
The fiberboard market in Vietnam faces challenges related to sustainable sourcing and technological advancements. Sustainable wood sourcing is crucial to address environmental concerns. Additionally, adopting advanced manufacturing technologies to improve the quality and efficiency of fiberboard production is necessary to stay competitive in the market.
The fiberboard market in Vietnam, used in the construction and furniture industries, experienced fluctuations in demand during the pandemic. Construction projects were delayed, affecting the demand for fiberboard products. However, the surge in home renovation and DIY projects partially offset these losses. The industry also faced supply chain disruptions, leading to challenges in sourcing raw materials.
In the fiberboard market, major players include Vinafco Joint Stock Corporation, MDF Dongwha Vietnam Co., Ltd., and Kim Tin MDF Joint Stock Company. These companies are prominent in the production of fiberboard materials used 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 Vietnam Fiberboard Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Fiberboard Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Fiberboard Market - Industry Life Cycle |
3.4 Vietnam Fiberboard Market - Porter's Five Forces |
3.5 Vietnam Fiberboard Market Revenues & Volume Share, By Board Type, 2021 & 2031F |
3.6 Vietnam Fiberboard Market Revenues & Volume Share, By Application , 2021 & 2031F |
4 Vietnam Fiberboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and real estate development activities in Vietnam |
4.2.2 Increasing demand for eco-friendly and sustainable building materials |
4.2.3 Government initiatives promoting the use of fiberboard in construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as wood and resin |
4.3.2 Competition from alternative materials like plywood and MDF |
4.3.3 Potential challenges in supply chain management and logistics |
5 Vietnam Fiberboard Market Trends |
6 Vietnam Fiberboard Market, By Types |
6.1 Vietnam Fiberboard Market, By Board Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Fiberboard Market Revenues & Volume, By Board Type, 2021-2031F |
6.1.3 Vietnam Fiberboard Market Revenues & Volume, By Hardboard, 2021-2031F |
6.1.4 Vietnam Fiberboard Market Revenues & Volume, By Medium/Hard Density Fiberboard MDF/HDF, 2021-2031F |
6.1.5 Vietnam Fiberboard Market Revenues & Volume, By Other Fiberboard, 2021-2031F |
6.2 Vietnam Fiberboard Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Fiberboard Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Vietnam Fiberboard Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Vietnam Fiberboard Market Revenues & Volume, By Others, 2021-2031F |
7 Vietnam Fiberboard Market Import-Export Trade Statistics |
7.1 Vietnam Fiberboard Market Export to Major Countries |
7.2 Vietnam Fiberboard Market Imports from Major Countries |
8 Vietnam Fiberboard Market Key Performance Indicators |
8.1 Percentage of new construction projects incorporating fiberboard |
8.2 Average utilization rate of fiberboard production capacity |
8.3 Number of government contracts awarded for fiberboard usage in construction |
9 Vietnam Fiberboard Market - Opportunity Assessment |
9.1 Vietnam Fiberboard Market Opportunity Assessment, By Board Type, 2021 & 2031F |
9.2 Vietnam Fiberboard Market Opportunity Assessment, By Application , 2021 & 2031F |
10 Vietnam Fiberboard Market - Competitive Landscape |
10.1 Vietnam Fiberboard Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Fiberboard Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |