Report overview
Demand for agrifiber products is growing as they possess commercially beneficial characteristics in comparison to wood fiber based products. As compared to wood fiber products, agrifiber products are relatively greater in strength, available at competitive prices, possess relatively high dimensional stability, are light in weight (up to 20 percent lighter) and do not pose any environmental issues. The most important characteristic is the contribution of LEED (Leadership in Energy and Environmental Design) credit in respective manufacturer or supplier profile. Hence, most of the manufacturers and suppliers prefer agrifiber products over wood based products. These commercially beneficial and environmental friendly characteristics of agrifiber products are expected to lead to the growth of global agrifiber products market in the coming years. In addition, these products are made from renewable resources and are recognized as user friendly and green building products. This factor may also fuel the global agrifiber products market in the coming future.
This report aims to provide a comprehensive presentation of the global market for Agrifiber Products, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Agrifiber Products. This report contains market size and forecasts of Agrifiber Products in global, including the following market information:
Global Agrifiber Products Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Agrifiber Products market was valued at US$ 940 million in 2022 and is projected to reach US$ 1183.8 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Numerous aspects have influenced the growth of the global agrifiber products market. Factors such as a burgeoning construction sector, growing concept of green buildings, increasing use of agrifiber in the residential sector, emergence of light weight panel boards, increasing agricultural waste and residue propelling the overall demand for agrifiber products, trend of recycling of agrifiber products, structural changes in the wood panel industry, rapid infrastructure modernization coupled with high demand for affordable furniture and increasing agricultural output are boosting the growth of the global agrifiber products market. Economic considerations while producing agrifiber products, high cost, lack of low tier manufacturing and less awareness are causing hindrances to the growth of the global market.
We surveyed the Agrifiber Products companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Agrifiber Products Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Agrifiber Products Market Segment Percentages, by Type, 2022 (%)
Flooring
Wall Panel & Boards
Door Cores
Veneer
Others
Global Agrifiber Products Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Agrifiber Products Market Segment Percentages, by Application, 2022 (%)
Industrial
Institutional
Residential
Commercial
Global Agrifiber Products Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Agrifiber Products Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Agrifiber Products revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Agrifiber Products revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASSA ABLOY
Masonite
Chappell Door Company
Agriboard International
TorZo Surfaces
Sind Particle Board Mills
Wanhua Ecoboard
Novofibre Panel Board (Yangling)
Lexington Manufacturing
KIREI USA
Lambton Doors
Outline of Major Chapters:
Chapter 1: Introduces the definition of Agrifiber Products, market overview.
Chapter 2: Global Agrifiber Products market size in revenue.
Chapter 3: Detailed analysis of Agrifiber Products company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Agrifiber Products in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.