U.S. - Particle Board - Market Analysis, Forecast, Size, Trends and Insights
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U.S. - Particle Board - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jun 20, 2023

Particle Board Market Entry Strategy in the United States - Guide

Introduction

Particle board is a commonly used wood-based panel product in the United States. It is made by compressing wood particles and resin under high pressure and temperature. Particle board has a wide range of applications, including furniture, cabinetry, flooring, and wall panels. To successfully enter the particle board market in the United States, a well-planned market entry strategy is crucial.

Market Analysis

According to IndexBox market intelligence platform, the United States particle board market is expected to reach $3.7 billion by 2025, growing at a CAGR of 3.7% during the forecast period. The growth is attributed to the increasing demand for affordable and sustainable building materials, coupled with the expanding construction industry in the country. The furniture industry is also a major consumer of particle board, and the growth in the furniture industry is expected to drive the demand for particle board in the future.

The particle board market in the United States is dominated by a few major players, including Arauco, SierraPine, Roseburg, and Boise Cascade. However, there are opportunities for new entrants to capture a share of the market by offering innovative products, competitive pricing, and superior customer service.

Market Entry Strategy

Before entering the particle board market in the United States, it is important to conduct thorough market research and identify the target market segments. The following strategies can be considered:

1. Partnerships and Joint Ventures

Partnering with established companies in the particle board industry can provide access to their distribution channels, expertise, and customer base. Joint ventures can also help in sharing the risks and costs of entering a new market.

2. Direct Sales and Marketing

Direct sales and marketing can be effective for small and medium-sized companies. This involves establishing a sales team, attending trade shows and exhibitions, and building relationships with potential customers. Digital marketing strategies, such as social media and email marketing, can also be used to reach out to customers.

3. Licensing and Franchising

Licensing and franchising can be an effective way to enter the particle board market in the United States. Licensing agreements allow the use of established brand names and technology, while franchising provides access to established business models and operating procedures.

Official Data Sources and Help from Authorities

The following official data sources can be consulted for market research:

  • U.S. Census Bureau
  • U.S. Department of Commerce
  • U.S. International Trade Commission
  • National Association of Home Builders

Help and support can also be obtained from the following authorities:

  • U.S. Commercial Service
  • Small Business Administration
  • U.S. Department of Agriculture

Trade Shows and Exhibitions

Attending trade shows and exhibitions can provide an opportunity to showcase products, network with potential customers, and stay up-to-date with industry trends. The following is a list of major trade shows and exhibitions in the particle board industry:

  • National Hardwood Lumber Association Annual Convention & Trade Show
  • Woodworking Machinery & Supply Conference & Expo
  • International Woodworking Fair
  • NeoCon
  • Furniture Industry Expo

Conclusion

A successful market entry strategy for particle board in the United States requires careful planning, market research, and a clear understanding of the target market segments. Partnerships and joint ventures, direct sales and marketing, and licensing and franchising are all viable strategies. Official data sources and help from authorities can be consulted for market research, and attending trade shows and exhibitions can provide valuable opportunities for networking and staying up-to-date with industry trends.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the particle board market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 1697 - Particle board
  • FCL 1606 - OSB

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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Free Data: Particle Board - United States