"Innovative Market Solutions to Help Businesses Make Informed Decisions"

Medium Density Fiberboard Market Size, Share & Industry Analysis, By Type (Standard, Moisture Resistant, Fire-Rated), Application (Furniture, Construction & Flooring, Interior Designing, Packaging, and Others), and Regional Forecast, 2024-2032

Last Updated: July 01, 2024 | Format: PDF | Report ID: FBI104027



Play Audio Listen to Audio Version

The global medium density fiberboard market size stood at USD 42.26 billion in 2023 and is projected to grow from USD 44.84 billion in 2024 to USD 70.98 billion by 2032 at a CAGR of 5.6% during the forecast period (2024-2032).

MDF is an engineered wood panel that is formed by coalescing wood fibers obtained from breaking down hardwood and softwood in a defibrator. It has a non-directional grain structure, making it an ideal wooden material for cutting, machining, and drilling processes without the production of chips or splinters. Furthermore, the absence of knots makes it easier for finishing, making it suitable for application in interior decoration of houses and offices.

Medium density fiberboards are usually denser than plywood, along with being considerably inexpensive. These factors make it an excellent alternative material for application wherein moisture resistance and very high impact resistance are not obligatory attributes. For instance, MDF is largely utilized in the assembly of furniture cabinetry and wood flooring subsurface.

Medium density fiberboard has to meet the specification voluntarily set by American National Standard Institution (ANSI A208.2). The standard classifies this type of fiberboard by physical and mechanical properties and categorizes the product grades. The standard ascertains the dimensional tolerances and formaldehyde emission limits in the medium density fiberboard panels. As the market is steadily converting into an organized sector, companies have made it necessary to meet these specifications, which will further improve the consumer’s confidence in these products.

During COVID-19 pandemic the entire wood industry has been disturbed by the spread of coronavirus. Many companies operating in the global market faced restrictions in their production activities, which has disrupted the entire supply chain of this market. However, as the consumers were spending a major part of their time at home, the demand for mass-produced furniture gained traction with gradual control on the spread of pandemic.

Medium Density Fiberboard Market Trends

Demand for Sustainability in Construction & Interior Designing to Boost Market

The support from many governments across the globe to increase the sustainability of the construction industry has provided a push to the demand for wood products such as plywood, MDF, and particle boards. For instance, Japan’s Ministry of Agriculture, Forestry, and Fishery (MAFF) has passed a law to promote the use of wood materials in the construction of public buildings. Such initiatives are expected to boost the demand for these wood-based products in the near future.

The utilization of this type of medium density fiberboard is expanding because of its use as sustainable materials. As it is made from wood wastes, it has become a material of choice for consumers supporting the green building initiative. Furthermore, the material is gaining quite an impetus in developing economies of Asia and Latin America due to the easy availability of the primary raw materials, wood and adhesives. According to the estimates carried out by Indian companies such as Rushil Décor and Greenply, the ratio of MDF to plywood consumption at the global level is 65:35, whereas, in India, the ratio is lopsided in favor of plywood at 6:94. However, as the cost of this type of fiberboard is lower than plywood with an insignificant difference in performance, the demand is expected to gain huge impetus in these emerging economies during the forecast period.

Request a Free sample to learn more about this report.

Medium Density Fiberboard Market Growth Factors

Shifting Demand from Plywood to Medium Density Fiberboard Can Foster Market Growth

As both MDF and plywood have similar properties, both have been largely utilized in the manufacture of furniture such as tables, sofas, beds, and library shelves. MDF costs significantly lower than plywood while being devoid of particle grain and knots in its structure. Owing to these properties, this fiberboard proves to be an excellent alternative to plywood for application in areas wherein moisture and impact resistance are not the primary requirements.

Moreover, medium density fiberboard has proved to be an excellent material for the formation of partitions in office spaces to ensure privacy and social distancing between the employees, which has been a key reason behind the sustenance of the material demand in the time of coronavirus. As many companies have taken up projects to renovate the offices to provide a homely feel to the returning employees after the reduction of lockdown restrictions, the market is expected to stay healthy in the near future.

Increasing Adoption of Wood Flooring Provisioning Growth for Global Market

The increasing population in countries such as India, China, Brazil, and the U.S., has fueled the demand for housing and public infrastructure, which is expected to benefit the market in the near future. The higher spending capacity of people will push the demand for products that can improve the aesthetics in living spaces. The increasing emphasis on the construction of smart houses and aesthetically designed interiors have revived the market for wood flooring.

However, it is critical for wood flooring to have a smooth subsurface, even, and strong to easily support its weight. As MDF has a clear structure with no presence of knots and rings, the weight and impact distribution of the fiberboard is much superior to other wood sub surfaces such as particleboards and plywood. Also, the subsurface requires to be inexpensive, which is the key reason behind the product being the prime alternative among other competitors.

Increasing Product Demand from the Packaging Industry to Drive Market Growth

Due to several factors, the increasing demand for medium-density fiberboard from the packaging industry is driving its market growth. The product offers a balance of strength, durability, and affordability, making it an attractive choice for packaging applications. Its uniform density and smooth surface allow for easy cutting, shaping, and finishing, providing versatility in packaging design.

Furthermore, medium-density fiberboard is preferred over traditional materials such as plywood or solid wood due to its lower cost and more consistent quality. Additionally, the sustainability credentials offered by the product, such as being made from recycled wood fibers and being recyclable, align with the growing emphasis on eco-friendly packaging solutions. As the packaging industry continues to expand globally, driven by e-commerce growth and increasing consumer demand for packaged goods, the demand for medium-density fiberboard in packaging applications is expected to rise, driving its market growth.


Emission of Formaldehyde to Limit its Utilization

The production process of MDF requires adhesives and resins that consist of formaldehyde as a constituent material. Exposure to formaldehyde in large quantities has been linked to the formation of cancer among humans and thus, the emission of formaldehyde from these products has attracted several regulations against the utilization of fiberboard with high formaldehyde content. For instance, ANSI A208.2 regulation standardizes the emission limits of formaldehyde from the fiberboards. Furthermore, regulations set by the California Air Resources Board (CARB) and the U.S. Environmental Protection Agency (EPA) have established the maximum limits of formaldehyde emission to 0.11 ppm for MDF panels. Such regulations are expected to create a hurdle in the adoption of fiberboards with Medium Density.

However, to cater to the impact caused by these regulations, product manufacturers such as Arauco, Roseburg, and Uniboard have developed no-added formaldehyde (NAF) and ultra-low emitting formaldehyde (ULEF) products.

Medium Density Fiberboard Market Segmentation Analysis

By Type Analysis

To know how our report can help streamline your business, Speak to Analyst

Increasing Usage of MDF in Furniture Expanding Demand of Moisture Resistant Segment

Based on type, the market is segmented into standard, moisture resistant, and fire-rated.

MDF finds significant application in the construction of furniture and products such as photo frames, shoe cabinets, door skins, and display boards. Furthermore, it is also utilized in significant quantities as a subsurface to wooden floorings. These places are prone to the presence of humidity and water spillage which can seriously damage wood fibers used in the usual fiberboards. Companies operating in the market have developed products with moisture resistant properties by adding a hydrophobic resin layer during the manufacturing process in order to reduce this impact and such products are expected to gain immense traction during the forecast period.

On the other hand, owing to its inexpensive nature and properties comparable to plywood, the standard product type currently holds the dominant share of the market. As the product is largely utilized for designing cost-effective interiors such as in the assembly of shoe racks, television cabinets, book racks, and frames that are not prone to the attack of moisture, the segment is expected to grow at a steady CAGR in the global market through the forecast period.

By Application Analysis

Superior Physical Properties of MDF leading to its increasing Application in Interior Designing Applications

Based on application, this market is segmented into furniture, construction & flooring, interior designing, packaging, and others.

Currently, furniture held the dominant medium density fiberboard market share among other applications, in 2023. Owing to its cost-effective nature, MDF is quickly replacing plywood in the manufacture of furniture. Furthermore, the smooth and uniform structure of the panel makes it easier to process such as cutting, drilling, and other machining techniques, making it the material of choice for furniture manufacturers.

On the flip side, the development of moisture-resistant and fire-rated MDF grades have provided a push to their utilization from the interior designers and stylists to design appealing interiors, especially in offices and hospitality sectors. Furthermore, the demand from residential customers for designing items such as kitchen trolleys, storage drawers, and almirah has expanded at a significant rate and may result in providing a steep growth trend to the interior designing segment.


Asia Pacific Medium Density Fiberboard Market Size, 2023 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample

Asia Pacific to Lead Market due to Increased Utilization of Product

The market size in Asia Pacific stood at USD 24.88 billion in 2023. In Asia Pacific, the market is driven by China, which currently holds about 90% share on the volume basis in the regional market. The market in China is projected be growing at a CAGR of over 6% during the forecast period owing to the significant demand for medium density fiberboard for construction & flooring applications.

Furthermore, the market in the Asia Pacific is expected to lead the global market in the future as the utilization of MDF is growing at an excellent pace in India and Southeast Asia for the production of furniture cabinetry and aesthetically designed interiors for both, residential and commercial customers in these countries, replacing traditionally used plywood.

North America has experienced enormous growth in the previous year, thus, it is a vital region for the product manufacturers. The market in North America will be driven by the increasing spending of people on projecting mesmeric visual impressions in the interiors of the houses and offices.

On the other hand, the market in Europe will experience growth owing to the renovation activities being carried out by the consumers. Architects and designers in the region have shifted their focus towards MDF to produce elegant furniture and house décor products. Such activities have provided a novel pathway for the global medium density fiberboard market growth in Europe.

Latin America has an ample supply of raw material, wood, due to the presence of huge forests in the region, including the Amazon Rainforest. Owing to the easy and cheap availability of wood, its products including fiberboard have gained immense traction for utilization in local construction activities and the growth is expected to further steepen during the forecast period.

The market in the Middle East & Africa is still in its early stage, with particleboard holding the larger share in the region among the wood paneling alternatives owing to it’s extremely low cost and ease in production. However, as the benefits of fiberboard with Medium Density gain popularity in the region during the forecast period, the demand is expected to grow at a swift rate over the forecast period.

To know how our report can help streamline your business, Speak to Analyst

List of Key Companies in Medium Density Fiberboard Market

Partnerships and Enhanced Distribution Networks Are Key Strategies of Leading Companies

Product innovation & partnerships with distributors to improve the sales network are important strategies employed by major key players to maintain their position in the market. Arauco is one of the most prominent companies operating in the market. The company is known for manufacturing advanced wood composite panels using an automated manufacturing platform.

The company operates from multiple production facilities in North and South America and serves customers across 3,500 destinations across the globe. The company offers over 35 MDF grades under its brand, Trupan, including a variety of specialty grades such as moisture resistant and ‘VESTA’, a panel formulated using low-emitting technologies.


  • Arauco (Chile)

  • Centuryply (India)

  • Daiken Corporation (Japan)

  • Duratex (Brazil)

  • Fantoni Spa (Italy)

  • Greenpanel (India)

  • M. Kaindl KG (Austria)

  • Roseburg Forest Products (U.S.)

  • Rushil Décor (India)

  • Swiss Krono Group (Switzerland)

  • Uniboard (Canada)

  • Unilin (Belgium)

  • VRG Dongwha (Vietnam)

  • West Fraser Timber Co. Ltd. (Canada)

  • Weyerhaeuser (U.S.)

  • Kronospan (Switzerland)

  • Egger (Austria)


  • December 2020: Arauco acquired a majority stake in Odd industries, an ethically-driven industrial artificial intelligence (IAI) developer. The company plans to use artificial intelligence to meet its mission of slowing and reversing climate change. Odd industries’ revolutionary AI platform will be combined with company’s experience using LiDAR for sustainable forestry, in order to fight the climate crisis.

  • June 2020 – Centuryply announced its foray into the Indian e-commerce by signing an agreement with Indian e-commerce giant, Flipkart. In a first-of-a-kind deal, the building material company stepped into the e-commerce sector to benefit from the trend of online shopping and digital norm post the pandemic outbreak. To start with, the company introduced its product lines, Club Prime, Sainik 710 and Sainink MR, on the platform and plans to offer other solutions in the near future.

  • September 2019: Arauco announced its acquisition of Prime-Line, Inc., a privately held company engaged in the manufacturing of the medium density fiberboard moulding and millwork products. The move is anticipated to enhance Arauco’s presence in North America.


An Infographic Representation of Medium Density Fiberboard Market

To get information on various segments, share your queries with us

The market research report provides a detailed analysis of the market and focuses on crucial aspects such as leading companies, types, and applications. Also, the report offers insights into key market trends and highlights vital industry developments. In addition to the factors mentioned above, the report encompasses various factors that have contributed to the growth rate of the market over recent years.

To gain extensive insights into the market, Request for Customization

Report Scope & Segmentation



Study Period


Base Year


Estimated Year


Forecast Period


Historical Period


Growth Rate

CAGR of 5.6% during 2024-2032


Value (USD Billion); Volume (MCM)


By Type

  • Standard

  • Moisture Resistant

  • Fire-Rated

By Application

  • Furniture

  • Construction & Flooring

  • Interior Designing

  • Packaging Systems

  • Others

By Geography

  • North America (By Type, By Application, By Country)

    • U.S. (By Type)

    • Canada (By type)

  • Europe (By Type, By Application, By Country)

    • Russia (By Type)

    • Poland (By Type)

    • Turkey (By Type)

    • Germany (By Type)

    • France (By Type)

    • Italy (By Type)

    • Spain (By Type)

    • U.K. (By Type)

    • Rest of Europe (By Type)

  • Asia Pacific (By Type, By Application, By Country)

    • China (By Type)

    • India (By Type)

    • Japan (By Type)

    • Southeast Asia (By Type)

    • Rest of Asia Pacific (By Type)

  • Latin America (By Type, By Application, By Country)

    • Mexico (By Type)

    • Brazil (By Type)

    • Rest of Latin America (By Type)

  • Middle East & Africa (By Type, By Application, By Country)

    • Iran (By Type)

    • GCC (By Type)

    • Israel (By Type)

    • Rest of Middle East & Africa (By Type)

Frequently Asked Questions

Fortune Business Insights says that the global market size was USD 42.26 billion in 2023 and is projected to reach USD 70.98 billion by 2032.

In 2023, the Asia Pacific market value stood at USD 24.88 billion.

Growing at a significant CAGR of 5.6%, the market will exhibit considerable growth over the forecast period (2024-2032).

The furniture application is the leading segment in the market.

Shifting demand from plywood to MDF in furniture is a key factor driving the market.

Arauco, Uniboard, Unilin, and Roseburg Forest Products are the leading players in this market.

China held the largest share in the global market in 2023.

The need for inexpensive yet strong construction and furniture materials is an important reason driving the adoption of fiberboards. Another key factor is the high sustainability of fireboard in various products

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2032
  • 2023
  • 2019-2022
  • 200

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Chemicals & Materials Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.