2025 analysis of man-made board market scale
In 2025, the global man-made board market will continue to show a strong growth trend. The authoritative report shows that the global sales volume of man-made board in 2024 has reached USD 105.47 billion, and is expected to continue to grow at a compound annual growth rate of 7.6%, and the market size will exceed USD 174.88 billion by 2031. This growth is mainly due to the steady growth of the construction industry, the rapid expansion of the furniture manufacturing industry and the emerging markets' desire for high quality building materials.
In the Chinese market, woodbased panels also perform well. With the acceleration of urbanization process and upgrading of resident consumption, the output and consumption of man-made board in China keep continuous growth. In 2023, the total production capacity of China's plates is about 335 million m3, the product output value is about 764 billion yuan, and the consumption is about 318 million m3.
Plywood, fiberboard and particle board dominate by product type. Among them, plywood accounts for 65.5% of the man-made board consumption with its excellent performance and wide application fields.
Looking forward to the future, with the increasingly strict environmental protection policies and the increasing consumer demand for environmental protection products, green and intelligent will become an important development trend of the man-made board industry.
