Europe Wood-based Panel Market Is Expected To Reach $ 84.21 Billion By 2030
San Francisco, 14 June 2023: The Report Europe Wood-based Panel Market Size & Trends Analysis Report By Product (Plywood, MDF, HDF, Particleboard, OSB, Softboard, Hardboard), By Application (Construction, Packaging, Furniture), And Segment Forecasts, 2023 - 2030 The Europe wood-based panel market size is expected to reach USD 84.21 billion by 2030, registering a CAGR of 8.6% over the forecast period, according to a new report by Grand View Research, Inc. The market has been growing in recent years owing to increasing product demand in the construction, furniture, and packaging industries. The growing demand for packaging materials that are biodegradable, compostable, and recyclable is driving the growth of the market in this application. The growth of the construction sector and rapid urbanization in Europe have also contributed to the market growth. The product demand is growing due to the increasing construction activity and consumer demand for environmentally sustainable p