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Edge Banding Materials Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material [Plastic (PVC, ABS, Acrylic, and Others), Wood, Metal, and Others] and End Use (Residential and Commercial & Industrial)
- Report Code : TIPRE00019639
- Pages : 150
The edge banding materials market share was valued at US$ 1,505.74 million in 2022 and is projected to reach US$ 2,620.53 million by 2028; it is expected to grow at a CAGR of 9.7% from 2022 to 2028.
Edge banding is the decorative material used on the exposed edges of furniture to cover and seal the wood. It is generally used on medium-density fiberboard, plywood, and melamine-coated particle board, whose edges look rather rough. Edge banding is a thin material used to seal the plywood’s exposed and raw edges. The heat-sensitive adhesive on one side is employed on the board, while the other acts as a barrier against moisture and dirt. Edge banding is mainly done to cover plywood sides to match a cabinet’s finished look, but it also shields the inner plywood from possibly warping. In addition, the uniform colors and quality provided by edge banding minimize the risk of the quality of solid wood lipping. Edge bandings materials in various widths and thicknesses can be used in a small crevasse and bent to a large extent as required.
The edge bandings materials market is witnessing consistent growth due to the increase in requirement for furniture, aligned with the growing housing sector, and the rise in the need for user-friendly and sustainable edge banding materials. The residential construction sector is expanding despite ongoing supply chain challenges, including the shortage of building materials, rise in prices, and expensive land. Governments of various countries are also focusing on providing affordable housing. The rapidly growing residential sector is driving the demand for edge banding materials. Throughout the forecast period, the growing demand for sustainable and user-friendly edge banding materials is expected to directly influence the overall edge banding materials market growth.
In 2021, Asia Pacific held the largest revenue share of the global edge banding materials market. The major factor driving the market in Asia Pacific is the high demand for edge banding materials from the furniture industry due to the expansion of the industrial sector and growth in population.
Furthermore, in Asia Pacific, the popularity of wood-based edge banding is increasing due to its aesthetic and natural finish. Moreover, changing consumer preferences, rising inclination toward a luxurious lifestyle, and increasing income levels of consumers are boosting the growth of the wood-based edge banding market. Furthermore, the increased government investment is expected to fuel the demand for residential furniture, which is expected to boost the edge banding market growth in the region. The growing commercial sector also creates massive demand for edge banding in Asia Pacific, further contributing to the edge banding materials market growth in the region.
Product Resources, Inc.; EdgeCo Incorporated; Surteco USA Inc.; Charter Industries, LLC; JSO Wood Product; Product Resources, Inc.; Sauers & Company Veneers; EdgeCo Incorporated; Edgebanding Services, Inc. (ESI); and REHAU Incorporated are among the major players operating in the global edge banding materials market. Players operating in the global edge banding materials market are constantly focusing on strategies such as investments in research and development activities and new product launches. These market players are highly focused on the development of high-quality and innovative product offerings to fulfill the customers’ requirements. Such strategic development initiatives by key market players are further anticipated to drive the market growth in future.
The size of the overall global edge banding materials market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the edge banding materials market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Edge Banding Materials Market, by Material
1.3.2 Edge Banding Materials Market, by Application
1.3.3 Edge Banding Materials Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Edge Banding Materials Market Landscape
4.1 Market Overview
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to Substitute
4.2.4 Threat to New Entrants
4.2.5 Competitive Rivalry
4.3. EXPERT OPINIONS
4.4. ECOSYSTEM ANALYSIS
5. Edge Banding Materials Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Aesthetics Appeal of Wood-Based Edge Banding
5.1.2 Increasing Demand from Residential Furniture Industry
5.2 Market Restraints
5.2.1 Adverse Effects of Plastic Products on the Environment
5.3 Market Opportunities
5.3.1 Resurgence of Commercial, Institutional, and Industrial Sectors
5.4 Future Trends
5.4.1 Growing Interest in Eco-Friendly Products
5.5 Impact Analysis
6. Edge Banding Materials– Global Market Analysis
6.1 Edge Banding Materials Market Overview
6.2 Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Edge Banding Materials Market Analysis – By Material
7.1 Overview
7.2 Edge Banding Materials Market, By Material (2021 and 2028)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.3.3 PVC
7.3.3.1 PVC: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.3.4 ABS
7.3.4.1 ABS: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.3.5 Acrylic
7.3.5.1 Acrylic: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.3.6 Others
7.3.6.1 Others: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.4 Wood
7.4.1 Overview
7.4.2 Wood: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.5 Metal
7.5.1 Overview
7.5.2 Metal: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Edge Banding Materials Market – Volume, Revenue and Forecast to 2028 (Tons) (US$ Million)
8. Edge Banding Materials Market Analysis – By Application
8.1 Overview
8.2 Edge Banding Materials Market, By Application (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Industrial & Commercial
8.4.1 Overview
8.4.2 Industria & Commercial: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
9. Edge Banding Materials Market – Geographic Analysis
10.1 Overview
10.2 North America: Edge Banding Materials Market
10.2.1 North America: Edge Banding Materials Market – Analysis and Forecast to 2028 (US$ Million)
10.2.2 North America: Edge Banding Materials Market, by Material
10.2.3 North America: Edge Banding Materials Market, by Application
10.2.4 North America: Edge Banding Materials Market, by Key Country
10.2.4.1 US: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.2.4.1.1 US: Edge Banding Materials Market, by Material
10.2.4.1.2 US: Edge Banding Materials Market, by Application
10.2.4.2 Canada: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.2.4.2.1 Canada: Edge Banding Materials Market, by Material
10.2.4.2.2 Canada: Edge Banding Materials Market, by Type
10.2.4.2.3 Canada: Edge Banding Materials Market, by Application
10.2.4.3 Mexico: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.2.4.3.1 Mexico: Edge Banding Materials Market, by Material
10.2.4.3.2 Mexico: Edge Banding Materials Market, by Type
10.2.4.3.3 Mexico: Edge Banding Materials Market, by Application
10.3 Europe: Edge Banding Materials Market
10.3.1 Europe: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Edge Banding Materials Market, by Material
10.3.3 Europe: Edge Banding Materials Market, by Type
10.3.4 Europe: Edge Banding Materials Market, by Application
10.3.5 Europe: Edge Banding Materials Market, by Key Country
10.3.5.1 Germany: Edge Banding Materials Market–Analysis and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Edge Banding Materials Market, by Material
10.3.5.1.2 Germany: Edge Banding Materials Market, by Application
10.3.5.2 France: Edge Banding Materials Market–Analysis and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Edge Banding Materials Market, by Material
10.3.5.2.2 France: Edge Banding Materials Market, by Application
10.3.5.3 UK: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 UK: Edge Banding Materials Market, by Material
10.3.5.3.2 UK: Edge Banding Materials Market, by Application
10.3.5.4 Italy: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy: Edge Banding Materials Market, by Material
10.3.5.4.2 Italy: Edge Banding Materials Market, by Application
10.3.5.5 Russia: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Edge Banding Materials Market, by Material
10.3.5.5.2 Russia: Edge Banding Materials Market, by Application
10.3.5.6 Rest of Europe: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Edge Banding Materials Market, by Material
10.3.5.6.2 Rest of Europe: Edge Banding Materials Market, by Application
10.4 Asia-Pacific: Edge Banding Materials Market
10.4.1 Asia-Pacific: Edge Banding Materials Market – Analysis and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: Edge Banding Materials Market, by Material
10.4.3 Asia-Pacific: Edge Banding Materials Market, by Application
10.4.4 Asia-Pacific: Edge Banding Materials Market, by Key Country
10.4.4.1 Australia: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.1.1 Australia: Edge Banding Materials Market, by Material
10.4.4.1.3 Australia: Edge Banding Materials Market, by Application
10.4.4.2 China: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.2.1 China: Edge Banding Materials Market, by Material
10.4.4.2.3 China: Edge Banding Materials Market, by Application
10.4.4.3 India: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.3.1 India: Edge Banding Materials Market, by Materia
10.4.4.3.3 India: Edge Banding Materials Market, by Application
10.4.4.4 Japan: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.4.1 Japan: Edge Banding Materials Market, by Material
10.4.4.4.3 Japan: Edge Banding Materials Market, by Application
10.4.4.5 South Korea: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.5.1 South Korea: Edge Banding Materials Market, by Material
10.4.4.5.3 South Korea: Edge Banding Materials Market, by Application
10.4.4.6 Rest of Asia-Pacific: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.4.4.6.1 Rest of Asia-Pacific: Edge Banding Materials Market, by Material
10.4.4.6.3 Rest of Asia-Pacific: Edge Banding Materials Market, by Application
10.5 Middle East and Africa: Edge Banding Materials Market
10.5.1 Middle East and Africa: Edge Banding Materials Market – Analysis and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: Edge Banding Materials Market, by Material
10.5.3 Middle East and Africa: Edge Banding Materials Market, by Application
10.5.4 Middle East and Africa: Edge Banding Materials Market, by Key Country
10.5.4.1 South Africa: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.5.4.1.1 South Africa: Edge Banding Materials Market, by Material
10.5.4.1.3 South Africa: Edge Banding Materials Market, by Application
10.5.4.2 Saudi Arabia: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.5.4.2.1 Saudi Arabia: Edge Banding Materials Market, by Material
10.5.4.2.3 Saudi Arabia: Edge Banding Materials Market, by Application
10.5.4.3 UAE: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.5.4.3.1 UAE: Edge Banding Materials Market, by Material
10.5.4.3.3 UAE: Edge Banding Materials Market, by Application
10.5.4.4 Rest of the Middle East and Africa: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.5.4.4.1 Rest of the Middle East and Africa: Edge Banding Materials Market, by Material
10.5.4.4.3 Rest of the Middle East and Africa: Edge Banding Materials Market, by Application
10.6 South and Central America: Edge Banding Materials Market
10.6.1 South and Central America: Edge Banding Materials Market – Analysis and Forecast to 2028 (US$ Million)
10.6.2 South and Central America: Edge Banding Materials Market, by Material
10.6.3 South and Central America: Edge Banding Materials Market, by Application
10.6.4 South and Central America: Edge Banding Materials Market, by Key Country
10.6.4.1 Brazil: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.6.4.1.1 Brazil: Edge Banding Materials Market, by Material
10.6.4.1.3 Brazil: Edge Banding Materials Market, by Application
10.6.4.2 Argentina: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.6.4.2.1 Argentina: Edge Banding Materials Market, by Material
10.6.4.2.3 Argentina: Edge Banding Materials Market, by Application
10.6.4.3 Rest of South and Central America: Edge Banding Materials Market –Analysis and Forecast to 2028 (US$ Million)
10.6.4.3.1 Rest of South and Central America: Edge Banding Materials Market, by Material
10.6.4.3.3 Rest of South and Central America: Edge Banding Materials Market, by Application
11. Impact of COVID-19 Pandemic on Edge Banding Materials Market
11.1 Overview
11.2 Impact of COVID-19 on Edge Banding Materials Market
11.3 North America: Impact Assessment of COVID-19 Pandemic
11.4 Europe: Impact Assessment of COVID-19 Pandemic
11.5 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.6 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.7 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Strategy and Business Planning
12.3 New Product Development
12.4 Expansion
12.5 Mergers and Acquisitions
13. COMPANY PROFILES
13.1 Product Resources Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 EdgedCo Incorporated
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Surteco USA Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 A Charter Industries LLC.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 JSO Wood Products
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Sauers & Company Veneers
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Edgebanding Services, Inc. (ESI)
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 REHAU Incorporated
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Aero Plastics Inc.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 LIGNADECOR
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Global Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 4. Global Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 5. North America Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 7. North America Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. US Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 10. US Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. Canada Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 13. Canada Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 16. Mexico Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. Europe Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (USD Million)
Table 19. Europe Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Germany: Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany: Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 23. France: Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 25. France: Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 26. UK Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 28. UK Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 29. Italy Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 31. Italy Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 32. Russia Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 34. Russia Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 35. Rest of Europe Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Europe Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 38. Asia-Pacific Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 40. Asia-Pacific Edge Banding Materials Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 41. Australia Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 43. Australia Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 44. China Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 46. China Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 48. India Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 51. Japan Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 54. South Korea Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of Asia-Pacific Edge Banding Materials Market, by Material– Revenue and
Table 57. Rest of Asia-Pacific Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 58. Middle East and Africa Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 60. Middle East and Africa Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 61. South Africa Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 63. South Africa Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 64. Saudi Arabia Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 66. Saudi Arabia Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 67. UAE Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 69. UAE Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of the Middle East and Africa Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 72. Rest of the Middle East and Africa Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 73. South and Central America Edge Banding Materials Market, by Material– Revenue and Forecast to 2028 (US$ Million)
Table 75. South and Central America Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 78. Brazil Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 81. Argentina Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of South and Central America Edge Banding Materials Market, by Material – Revenue and Forecast to 2028 (US$ Million)
Table 84. Rest of South and Central America Edge Banding Materials Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 85. Glossary of Terms, Global Edge Banding Materials Market
LIST OF FIGURES
Figure 1. Edge Banding Materials Market Segmentation
Figure 2. Edge Banding Materials Market Segmentation – By Geography
Figure 3. Global Edge Banding Materials Market Overview
Figure 4. Global Edge Banding Materials Market, By Material
Figure 4. Global Edge Banding Materials Market, By Application
Figure 5. Global Edge Banding Materials Market, by Geography
Figure 6. Global Edge Banding Materials Market, Industry Landscape
Figure 7. Porter’s Five Forces Analysis
Figure 12. Expert Opinion
Figure 12. Ecosystem analysis
Figure 13. Global Edge Banding Materials Market Impact Analysis of Drivers and Restraints
Figure 14. Geographic Overview of Edge Banding Materials Market
Figure 15. Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Edge Banding Materials Market Revenue Share, By Material (2021 and 2028)
Figure 17. Plastic: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Wood: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Metal: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18. Others: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25. Edge Banding Materials Market Revenue Share, By Application (2021 and 2028)
Figure 26. Residential: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27. Commercial & Industrial: Edge Banding Materials Market – Revenue and Forecast To 2028 (US$ Million)
Figure 31. Global Edge Banding Materials Market Revenue Share, by Region (2021 and 2028)
Figure 32. North America: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 35. North America: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 36. North America: Edge Banding Materials Market Revenue Share, by Key Country (2020 and 2028)
Figure 37. US: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Canada: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. Mexico: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Europe: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Europe: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 43. Europe: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 44. Europe: Edge Banding Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 45. Germany: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 46. France: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 47. UK: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 48. Italy: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 49. Russia: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Europe: Edge Banding Materials Market–Revenue and Forecast to 2028 (US$ Million)
Figure 51. Asia-Pacific: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. Asia-Pacific: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 54. Asia-Pacific: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 55. Asia-Pacific: Edge Banding Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 56. Australia: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. China: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. India: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 59. Japan: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 60. South Korea: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 61. Rest of Asia-Pacific: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 62. Middle East and Africa: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 63. Middle East and Africa: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 65. Middle East and Africa: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 66. Middle East and Africa: Edge Banding Materials Market Revenue Share, By Key Country (2021 And 2028)
Figure 67. South Africa: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 68. Saudi Arabia: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 69. UAE: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 70. Rest of the Middle East and Africa: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. South and Central America: Edge Banding Materials Market – Revenue and Forecast to 2028 (US$ Million)
Figure 72. South and Central America: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 74. South and Central America: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 75. South and Central America: Edge Banding Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 76. Brazil: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 77. Argentina: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 78. Rest of South and Central America: Edge Banding Materials Market –Revenue and Forecast to 2028 (US$ Million)
Figure 79. Impact of COVID-19 Pandemic on Major Countries in North America
Figure 80. Impact of COVID-19 Pandemic on Major Countries in Europe
Figure 81. Impact of COVID-19 Pandemic on Major Countries in Asia Pacific
Figure 82. Impact of COVID-19 Pandemic in Major Countries in Middle East & Africa
Figure 83. Impact of COVID-19 Pandemic on Major Countries in South and Central America
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the global Edge banding materials market, thereby allowing players to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
The List of Companies – Edge Banding Materials Market
1. Product Resources, Inc.
2. EdgeCo Incorporated
3. Surteco USA Inc.
4. A Charter Industries, LLC.
5. JSO Wood Product
6. Sauers & Company Veneers
7. Aero Plastics Inc.
8. LIGNADECOR
9. Edgebanding Services, Inc. (ESI)
10. REHAU Incorporated
The scope of our recent study on the “Edge Banding Materials Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Material [Plastic (PVC, ABS, Acrylic, and Others), Wood, Metal, and Others] and End Use (Residential and Commercial & Industrial)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The edge banding materials market size was valued at US$ 1505.74 million in 2022 and is projected to reach US$ 2620.53 million by 2028; it is expected to grow at a CAGR of 9.7% from 2021 to 2028. Edge banding is the process of applying bands or strips of different materials and thicknesses to cover the sides of raw wood or non-wood materials. The strip is used to obtain a finished look to the furniture, hide its rough edges, and protect it from abrasions and early decay. The market is highly competitive due to the presence of several regional and global players. Players operating in the market are competing with each other based on product quality, price, and product differentiation. The global edge banding materials market is segmented based on material, end use, and geography.
Based on material, the global edge banding materials market is segmented into plastic (PVC, ABS, acrylic, and others), wood, metal, and others. The plastic segment held the largest share of the global market in 2021. Plastic edge banding is made of a variety of polymers, including polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), and polypropylene (PP). It is highly durable and used widely across the furniture industry. This has led to the increasing consumption of edge banding materials for industrial furniture. Further, ABS is highly reactive to heat. At high temperatures, it is malleable, and when cooled, it becomes rigid. ABS is listed under the green category as it can be recycled. All these factors have led to a rise in demand for plastic materials across the globe.
The global edge banding materials market is segmented into five main regions—North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South & Central America. Asia Pacific held the largest revenue share of the global market in 2021. The major factor driving the market in Asia Pacific is the growth potential for the furniture market in China and India. China and India account for more than 30% share of the global market. In addition, Asia Pacific is a developing economy with increasing modernization and rising per capita income. This factor has boosted the growth of the construction sector and the sale of furniture at a domestic level. The large-scale manufacturing hub and industrial sector of the region are also creating lucrative opportunities in the Asia Pacific market. Moreover, players operating in the edge banding materials market are focusing on adopting different strategies, such as investments in research and development activities and new product launches. This is further fueling the market growth in the region.
Impact of COVID-19 Pandemic on Edge Banding Materials Market
The global economy was hit hard due to the COVID-19 pandemic. Governments of various countries had taken possible steps to restrict the spread of SARS-CoV-2 by announcing country-wide lockdowns, which directly impacted the growth of industrial sectors. Many construction and furniture industry leaders faced challenges procuring edge banding materials. Moreover, supply constraints significantly raised the costs of edge banding materials. The COVID-19 pandemic had significantly impacted manufacturing industries across the globe, with a huge decline in the production process. However, the market has recovered due to the rising demand for edge banding materials from residential and industrial sectors.
Global Edge Banding Materials Market Breakdown – by Region
The report includes the segmentation of the global edge banding materials market as follows:
The global edge banding materials market, by materials, is segmented into plastic (PVC, ABS, acrylic, and others), wood, metal, and others. Based on end use, the global market is segmented into residential and commercial & industrial. By geography, the global market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The North America edge banding materials market is further segmented into the US, Canada, and Mexico. The Europe market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Asia Pacific edge banding materials market is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The South & Central America the market is segmented into Brazil, Argentina, and the Rest of South & Central America.
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