Europe Wood Based Panel Market is expected to reach USD 28.03 billion by 2025
Europe Wood Based Panel Industry Overview The Europe wood based panel market is expected to reach USD 28.03 billion by 2025, according to a new report by Grand View Research, Inc. Growing demand for lightweight, high strength, and sturdy materials for packaging applications is expected to propel growth. Europe Wood Based Panel Market Segmentation Grand View Research has segmented the Europe wood based panel market on the basis of product, application, and region: Based on the Application Insights, the market is segmented into Furniture, Construction and Packaging. The demand for the wood based panel in Europe was dominated by the furniture segment, which accounted for 56.1% of the overall application demand. The increasing demand for wooden ethnic design furniture for living rooms and bedrooms in the region is expected to drive growth over the projected period. The demand for cabinets for personal computers at home and the workplace is growin...