Global Melamine Board
Market Report
2024
Melamine Board market size is USD 2154.2 million in 2024 and will expand at a CAGR of 4.30% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Melamine Board market size is USD 2154.2 million in 2024 and will expand at a CAGR of 4.30% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Melamine Board Market Sales Revenue 2024 | $ 2154.2 Million |
Global Melamine Board Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
North America Melamine Board Market Sales Revenue 2024 | $ 861.68 Million |
North America Melamine Board Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.5% |
Europe Melamine Board Market Sales Revenue 2024 | $ 646.26 Million |
Europe Melamine Board Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.5% |
Asia Pacific Melamine Board Market Sales Revenue 2024 | $ 495.47 Million |
Asia Pacific Melamine Board Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.3% |
South America Melamine Board Market Sales Revenue 2024 | $ 107.71 Million |
South America Melamine Board Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Middle East and Africa Melamine Board Market Sales Revenue 2024 | $ 43.08 Million |
Middle East and Africa Melamine Board Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Market Split by Type |
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Market Split by Application |
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Market Split by Distribution Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Melamine Board Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The manufacturing, distribution, and consumption of engineered wood panels covered in melamine resin—which are valued for their robustness, affordability, and adaptability—are all included in the melamine board market. These boards are extensively used in many different industries, such as building, furniture production, interior design, and remodeling. Melamine boards are a reasonably priced substitute for conventional wood materials, and they have good resistance to wear, dampness, and scratching. They can be used for wall paneling, cabinetry, shelving, countertops, and a variety of other uses because they come in a wide variety of colors, patterns, and textures. Melamine boards are becoming more and more popular due to their environmentally friendly qualities, such as their capacity to reduce waste and conserve natural resources, which positions them as an essential part of contemporary architecture and design projects. This trend is driven by the growing popularity of sustainable building techniques.
Akij Board manufactures Plain Board, Plywood, Melamine Board, Veneered Board, High Gloss Board, Ultimatt, ProEDGE Edgeband along with MDF Board, to provide better solutions for furniture and interior. (Source: https://www.tbsnews.net/economy/corporates/akij-board-introduces-mdf-board-versatile-applications-794838)
The demand for building materials is rising due to the notable boom in the worldwide construction industry, especially in the residential and commercial sectors. Melamine boards are becoming a popular option because of their price and adaptability. These boards are widely used for furniture, cabinets, and partitions, effectively fulfilling a variety of construction requirements. They are perfect for contemporary construction projects looking for dependable and affordable options because of their strength and ease of handling. Melamine boards are anticipated to remain a popular choice as the industry grows, supporting the effective and sustainable construction of buildings all over the world.
Melamine boards are becoming more and more popular in the furniture industry due to their affordability, aesthetic adaptability with a wide range of finishes, and ease of handling. This trend is particularly relevant to the development of affordable and readily assembleable furniture. Melamine boards are popular among manufacturers because of their capacity to produce visually appealing yet reasonably priced products that satisfy a wide range of consumer needs. Furniture manufacturers are able to provide a broad selection of items to accommodate a wide range of tastes and preferences because of melamine's versatility in forms and designs. Melamine boards are becoming more and more popular, and as a result, they will become more and more essential to the furniture sector, meeting the needs of both homes and businesses.
In the melamine board industry, formaldehyde, a binding chemical included in some melamine boards, has raised health concerns. Rules and increased public knowledge of formaldehyde emissions are major roadblocks, particularly in areas with strict environmental regulations. Manufacturers are actively working on formaldehyde-free or low-formaldehyde substitutes for conventional melamine boards in an effort to allay these worries. These initiatives prioritize environmental and health concerns in an effort to satisfy customers and adhere to changing legal requirements. Adopting formaldehyde-free alternatives is set to become a crucial tactic for melamine board manufacturers as sustainability and safety gain ground in customer preferences.
The COVID-19 pandemic had a major effect on the melamine board market, leading to supply chain disruptions, production delays, and demand swings. The market for building materials like melamine boards was impacted by project delays and decreased construction activities caused by lockdown measures and economic uncertainty. Supply chain problems were exacerbated by labor shortages and logistical difficulties that hampered manufacturing and distribution activities. Nonetheless, the melamine board market is anticipated to rebound as the building industry progressively recovers and remote work practices encourage home renovation initiatives. Furthermore, increased awareness of cleanliness and hygiene may increase demand for melamine boards in industries where easy-to-clean surfaces are desired, such as furniture manufacture, thus countering some of the negative consequences of the pandemic.
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The competitive landscape of the Melamine Board market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized melamine board companies, and emerging start-ups aiming to disrupt the market with innovative solutions.
Top Companies Market Share in Melamine Board Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The melamine board market in North America is expanding significantly due to the region's burgeoning construction industry, growing need for reasonably priced, long-lasting building materials, and growing use in the furniture manufacturing industry. Technological developments, increasing urbanization, and changing customer tastes toward sustainable solutions are some of the factors driving the market's growth in the area.
Asia Pacific stands out as the fastest-growing region in the Melamine Board market due to several compelling reasons. The melamine board market in Asia Pacific is growing significantly, driven mostly by an increase in construction projects, mostly in the residential and commercial sectors. Melamine boards' adaptability and cost, along with the region's emphasis on sustainable building materials, have fueled their popularity. Asia Pacific markets are also growing as a result of improvements in production techniques and the introduction of creative product designs.
The current report Scope analyzes Melamine Board Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Melamine Board market size was estimated at USD 2154.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 861.68 million in 2024 and will grow at a CAGR of 2.5% from 2024 to 2031. The demand for long-lasting and reasonably priced building materials is rising, and this is driving the market for melamine boards in North America, which is expanding rapidly. The furniture manufacturing sector is particularly noteworthy among the categories as it makes use of the affordability and versatility of melamine boards for a wide range of applications. As technology progresses and sustainability becomes more important, producers are coming up with new ideas to adapt to changing consumer demands. In general, the melamine board market in North America is doing well, with growing prospects in the furniture and construction sectors and potential for continued expansion in the near future. According to Cognitive Market Research, the US had a major share in the Melamine Board market with a market size of USD 679.87 million in 2024 and is projected to grow at a CAGR of 2.3% during the forecast period. The demand is amplified by the strong emphasis on sustainability driving demand for eco-friendly building materials The Canada Melamine Board market had a market share of USD 103.40 million in 2024 and is projected to grow at a CAGR of 3.3% during the forecast period. Canada's thriving furniture manufacturing industry requiring versatile and high-quality boards. The Mexico Melamine Board market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 78.41 million in 2024.
According to Cognitive Market Research, the global Melamine Board market size was estimated at USD 2154.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 646.26 million in 2024 and will grow at a CAGR of 2.5% from 2024 to 2031. The melamine board industry is expanding significantly in Europe because to a rise in building projects and a growing need for eco-friendly building supplies. One industry that sticks out in particular is interior design, where melamine boards are preferred for their adaptability and visual attractiveness in wall paneling and cabinetry applications. The European melamine board market is attractive due to its focus on environmentally sustainable practices and technical improvements. Given the region's persistent emphasis on sustainability and innovation, the market is well-positioned to sustainably grow and adjust to changing consumer demands. The United Kingdom Melamine Board market had a market share of USD 108.57 million in 2024 and is projected to grow at a CAGR of 3.6% during the forecast period. In the UK, Melamine Board sales witness an upswing due to the rising demand for furniture and interior design solutions The France Melamine Board market is projected to witness growth at a CAGR of 2.0% during the forecast period with a market size of USD 59.46 million in 2024. According to Cognitive Market Research, the Germany Melamine Board market size was valued at USD 127.96 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. In Germany, Melamine Board sales surge due to expanding manufacturing capabilities and innovations in melamine board production The Italy Melamine Board market is projected to witness growth at a CAGR of 2.2% during the forecast period with a market size of USD 55.58 million in 2024. The Russia Melamine Board market is projected to witness growth at a CAGR of 1.8% during the forecast period with a market size of USD 100.17 million in 2024. The Spain Melamine Board market is projected to witness growth at a CAGR of 1.9% during the forecast period with a market size of USD 52.99 million in 2024. The Luxembourg Melamine Board market is projected to witness growth at a CAGR of 2.9% during the forecast period with a market size of USD 20.03 million in 2024. The Portugal Melamine Board market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 13.57 million in 2024. The Greece Melamine Board market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 7.76 million in 2024. Rest of Europe Melamine Board market is projected to witness growth at a CAGR of 1.5% during the forecast period with a market size of USD 100.17million in 2024. .
According to Cognitive Market Research, the global Melamine Board market size was estimated at USD 2154.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 495.47 million in 2024 and will grow at a CAGR of 6.3% from 2024 to 2031. The melamine board market is increasing quickly in the Asia Pacific area due to the expansion of the furniture manufacturing and construction industries. One notable market is the construction sector, where melamine boards are being used more and more for cabinets and partitions because to their low cost and adaptability. Asia Pacific offers enormous prospects for the melamine board market, as developments in manufacturing technology, urbanization, and economic development fuel demand. With the ongoing urbanization and infrastructure development in the region, the market is well-positioned for long-term growth and innovation to keep up with changing consumer demands. According to Cognitive Market Research, the China Melamine Board market size was valued at USD 222.96 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. Melamine Board sales surge in China due to government initiatives promoting sustainable building materials The Japan Melamine Board market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 68.37 million in 2024. The India Melamine Board market had a market share of USD 59.46 million in 2024 and is projected to grow at a CAGR of 8.1% during the forecast period. The demand is augmented by India's rapid urbanization leading to extensive construction projects The South Korea Melamine Board market is projected to witness growth at a CAGR of 5.4% during the forecast period with a market size of USD 49.55 million in 2024. The Australia Melamine Board market is projected to witness growth at a CAGR of 6.0% during the forecast period with a market size of USD 25.76 million in 2024. The South East Asia Melamine Board market is projected to witness growth at a CAGR of 7.3% during the forecast period with a market size of USD 34.19 million in 2024. The Rest of Asia Pacific Melamine Board market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 35.18 million in 2024. .
According to Cognitive Market Research, the global Melamine Board market size was estimated at USD 2154.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 107.71 million in 2024 and will grow at a CAGR of 3.7% from 2024 to 2031. The demand for affordable building materials and the expansion of the construction industry in Latin America are driving growth in the melamine board market. Melamine boards are prized for their cost-effectiveness and aesthetic adaptability in the production of a broad variety of furniture components, and this expansion is mostly being driven by the furniture manufacturing industry. Latin America offers substantial potential for the melamine board market due to the region's growing urbanization and restoration projects. The market is ready for further growth to satisfy the various needs of both industry and consumers as the region's economy continues to flourish. According to Cognitive Market Research, the Brazil Melamine Board market size was valued at USD 46.10 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. Melamine Board sales flourish in Brazil due to increasing adoption of melamine boards in furniture manufacturing The Argentina Melamine Board market had a market share of USD 18.10 million in 2024 and is projected to grow at a CAGR of 4.6% during the forecast period. The demand is augmented by Argentina's technological advancements enhancing product quality and design options The Colombia Melamine Board market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD 9.59 million in 2024. The Peru Melamine Board market is projected to witness growth at a CAGR of 3.9% during the forecast period with a market size of USD 8.83 million in 2024. The Chile Melamine Board market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 7.76 million in 2024. The Rest of Latin America Melamine Board market is projected to witness growth at a CAGR of 2.8% during the forecast period with a market size of USD 17.34 million in 2024. .
According to Cognitive Market Research, the global Melamine Board market size was estimated at USD 2154.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 43.08 million in 2024 and will grow at a CAGR of 4.0% from 2024 to 2031. The Middle East and Africa melamine board market is expanding steadily, propelled by the expansion of infrastructure and the growing need for reasonably priced building supplies. Among the categories, the commercial construction industry stands out because melamine boards are preferred for their affordability and robustness in applications like shelving and office partitions. The Middle East and Africa offer the melamine board market good prospects due to the region's growing urbanization and investment in building projects. The market is positioned for steady expansion to satisfy the changing demands of the construction industry as the region develops further. The GCC Countries Melamine Board market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 18.44 million in 2024. Melamine Board sales flourish due to the booming construction sector, especially in residential and commercial segments The Egypt Melamine Board market is projected to witness growth at a CAGR of 4.3% during the forecast period with a market size of USD 4.52 million in 2024. The South Africa Melamine Board market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 6.81 million in 2024. Melamine Board sales flourish in the South Africa due to growing demand for affordable yet durable building materials The Turkey Melamine Board market is projected to witness growth at a CAGR of 3.5% during the forecast period with a market size of USD 3.71 million in 2024. The Nigeria Melamine Board market is projected to witness growth at a CAGR of 3.1% during the forecast period with a market size of USD 4.52 million in 2024. The Rest of MEA Melamine Board market is projected to witness growth at a CAGR of 3.0% during the forecast period with a market size of USD 5.08 million in 2024. .
Global Melamine Board Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Melamine Board Industry growth. Melamine Board market has been segmented with the help of its Type, Application Distribution Channel, and others. Melamine Board market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Melamine Faced Chipboard stands out as the dominating category. The market for melamine boards is expanding as a result of melamine faced chipboard (MFC), which is attractive, long-lasting, and reasonably priced. MFC is versatile and may be used for a variety of applications, including worktops, shelves, and cabinets. It is widely used in furniture production, interior design, and construction. Technological developments in surface finishes and production have further contributed to its popularity by satisfying the varied demands of both consumers and industry.
Medium Density Fiberboard Type emerges as the fastest-growing category in the Melamine Board market. The market for melamine boards is expanding thanks to the Medium Density Fiberboard (MDF) variety's better strength, smooth surface, and good machining qualities. Because MDF melamine boards are inexpensive and versatile, they are widely used in interior design, cabinetry, and furniture manufacture. MDF melamine boards are still popular in the market as consumers' need for long-lasting and attractive surfaces grows.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Melamine Board Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominating category is Construction Industry. The melamine board market is expanding due to the increase of the construction industry, as these boards are preferred due to their affordability, durability, and versatility. Melamine boards satisfy the growing need for dependable building materials and are used in a wide range of applications, such as furniture, cabinets, and partitions. Melamine board demand is predicted to develop steadily as long as construction projects are undertaken worldwide.
The fastest-growing category in the Melamine Board market is Furniture. Melamine boards are becoming more and more popular because they provide affordable options with a variety of treatments, which is contributing to the growth of the furniture sector. Melamine boards are becoming more and more popular because of their ease of use and visual appeal for ready-to-assemble furniture and affordable solutions. Melamine boards are becoming more and more popular in furniture manufacture as consumers' need for attractive yet reasonably priced furniture grows.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Melamine Board market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the dominating category is projectors with Distribution Channel ratings between Direct. The melamine board industry is expanding thanks in part to direct sales channels, which give producers effective ways to connect with customers. Direct sales allow producers to provide clients with customized solutions and competitive pricing by eschewing middlemen. Direct interaction also makes it easier for businesses to gather feedback, which improves customer happiness and product offerings and propels melamine board sales even higher.
The fastest-growing category in the Melamine Board market is projectors with Distribution Channel ratings Indirect Type. The melamine board market is expanding thanks in large part to indirect sales channels, which help with product distribution and market reach. Manufacturers have access to a wide range of consumer categories and geographical areas through wholesalers, retailers, and distributors. The melamine board market is expanding thanks in large part to indirect channels, which give producers useful market data and provide consumers with ease and accessibility.
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Best melamine dinner sets: Top 10 durable and easy-to-clean picks
Disclaimer:
Type | Melamine Faced Chipboard, Medium Density Fiberboard |
Application | Construction Industry, Furniture, Others |
Distribution Channel | Direct, Indirect |
List of Competitors | Woodstock Boards, Borg, Bridec, Prime Panels, Gunnersen, Sternwood, PB China, Panelco, Shandong Zhongtian Wood, Timbmet |
This chapter will help you gain GLOBAL Market Analysis of Melamine Board. Further deep in this chapter, you will be able to review Global Melamine Board Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Melamine Board Market Trends North America Melamine Board Technological Road Map North America Melamine Board Market Drivers North America Melamine Board Market Restraints North America Melamine Board Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
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Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
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Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Distribution Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Melamine Board market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Melamine Faced Chipboard have a significant impact on Melamine Board market? |
What are the key factors affecting the Melamine Faced Chipboard and Medium Density Fiberboard of Melamine Board Market? |
What is the CAGR/Growth Rate of Construction Industry during the forecast period? |
By type, which segment accounted for largest share of the global Melamine Board Market? |
Which region is expected to dominate the global Melamine Board Market within the forecast period? |
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