The market size of high-density fiberboard exceeded USD 6.5 billion in 2022 and will exhibit over 6.5% CAGR between 2023 and 2032 propelled by the growing prevalence of obesity worldwide.
The painted hardboard segment will observe gains at nearly 5.8% up to 2032 due to higher application in cabinetry, flooring and construction.
The U.S. market size reached USD 1.21 billion in 2022 owing to the higher demand from the construction and furniture sectors.
Masonite International, Jiangsu Hysen International Trading Co., Ltd, Greenpanel Industries, Arauco, Kronospan, Masisa, Swiss Krono Group, Finsa, and Dare Wood-Based Panels Group are some renowned high density fiberboard manufacturers and suppliers.