Demand for Sustainable Building Materials Strengthens Wood Panel Market Growth
The wood based panel market is expanding as construction, furniture manufacturing, home renovation, and sustainable material preferences create new demand for engineered wood products. The market was valued at USD 198.0 billion in 2024 and is projected to grow from USD 230.4 billion in 2026 to USD 284.1 billion by 2030, registering a CAGR of 5.9% from 2025 to 2030. Increasing urbanization,...