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North America Edge Banding Materials Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Material [Plastic (PVC, ABS, Acrylic, and Other Plastics), Wood, Metals, and Others] and Application (Residential and Commercial & Industrial)
Market Report I 2022-12-19 I 116 Pages I The Insight Partners
The edge banding materials market in North America is expected to grow from US$ 192.52 million in 2022 to US$ 326.60 million by 2028. It is estimated to grow at a CAGR of 9.2% from 2022 to 2028.
High Aesthetics Appeal of Wood-Based Edge Banding
Edge banding is a thin material used to seal the exposed and raw edges of the plywood, which serves both functional and aesthetic purposes. Wood has been a popular material used for edge banding, as it is generally easy to work with. Edge banding covers up unsightly, rough edges and creates a glossy and natural finish to match the sides of a structure with its top. Manufacturers are providing various high-quality wood-based edge banding products with superior visual appeal. The popularity of wood-based edge banding is increasing due to its aesthetic and natural finish. Moreover, changing consumer preferences, inclination toward a luxurious lifestyle, increasing income levels of consumers and increasing commercial spaces are also boosting the growth of the wood-based edge banding materials market. In modern furniture manufacturing, edge banding quality is one of the key criteria for evaluating the quality of the entire furniture item. Thus, furniture manufacturers use wood-based edge banding to get an aesthetic and natural finish. These factors are driving the growth of the North America edge banding materials market.
Market Overview
The US, Canada, and Mexico are the key economies in North America. In North America, the residential furniture industry is booming with the rising number of residential construction projects. According to the US Census Bureau and the US Department of Housing and Urban Development, the number of new, privately owned housing units completed increased by 3.1% from August 2021 to August 2022. According to the US Census Bureau, 37 million (15%) adults aged 18 and above lived alone in 2021, up from 33 million (14%) in 2011. Thus, there has been a rise in the number of single and two-person households, indicating growth in residential construction projects. Moreover, during the COVID-19 pandemic, the increased practice of working and studying at home resulted in a surge in purchases of residential and office furniture. The aforementioned factors are driving the growth of the edge banding material market in North America. Many domestic and international corporations have a substantial presence in North America. Product Resources, Inc. and Surteco USA Inc. are among the key players in the edge banding materials market. Manufacturers in the area are investing heavily in edge banding materials research and development and product development, which is projected to fuel the market growth during the forecast period.
North America Edge Banding Materials Market Revenue and Forecast to 2028 (US$ Million)
North America Edge Banding Materials Market Segmentation
The North America edge banding materials market is segmented into material, application, and country.
Based on material, the market is segmented into plastic, wood, metals, and others. By plastic material, the market sub segmented into PVC, ABS, acrylic, and other plastics. The plastics segment registered the largest market share in 2022.
Based on application, the market is segmented into residential and commercial & industrial. The residential segment held a larger market share in 2022.
Based on country, the market is segmented into the US, Mexico, and Canada. The US dominated the market share in 2022.
Product Resources, Inc.; EdgeCo Inc.; SURTECO GmbH; Charter Industries Extrusions LLC; JSO Wood Product Inc.; Sauers & Co Inc.; Aero-Plastics Inc.; Edge banding Services Inc.; and REHAU Inc. are the leading companies operating in the edge banding materials market in the region.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America Edge Banding Materials Market - by Material
1.3.2 North America Edge Banding Materials Market-by Application
1.3.3 North America Edge Banding Materials Market-by Country
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. North America Edge Banding Materials Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Expert Opinion
5. North America 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 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 -North America Market Analysis
6.1 North America Edge Banding Materials Market Overview
6.2 North America Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
6.3 North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7. North America Edge Banding Materials Market Analysis - By Material
7.1 Overview
7.2 North America Edge Banding Materials Market, By Material (2021 and 2028)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: North America Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.3.3 Plastic: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.4 PVC
7.3.4.1 Overview
7.3.4.2 PVC: North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.4.3 PVC: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.5 ABS
7.3.5.1 Overview
7.3.5.2 ABS: North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.5.3 ABS: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.6 Acrylic
7.3.6.1 Overview
7.3.6.2 Acrylic: North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.6.3 Acrylic: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.7 Other Plastics
7.3.7.1 Overview
7.3.7.2 Other Plastics: North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.7.3 Other Plastics: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Wood
7.4.1 Overview
7.4.2 Wood: North America Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.4.3 Wood: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Metal
7.5.1 Overview
7.5.2 Metal: North America Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.5.3 Metal: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: North America Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
7.6.3 Others: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
8. North America Edge Banding Materials Market Analysis - By Application
8.1 Overview
8.2 North America Edge Banding Materials Market, By Application (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
8.4 Commercial and Industrial
8.4.1 Overview
8.4.2 Commercial and Industrial: North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
9. North America Edge Banding Materials Market - Country Analysis
9.1 North America: Edge Banding Materials Market
9.1.1 North America: Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2 North America: Edge Banding Materials Market, by Key Country
9.1.2.1 US: Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
9.1.2.2 US: Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.1 US: Edge Banding Materials Market, by Material
9.1.2.2.2 US: Edge Banding Materials Market, by Material
9.1.2.2.3 US: Edge Banding Materials Market, by Application
9.1.2.3 Canada: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.4 Canada: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Canada: Edge Banding Materials Market, by Material
9.1.2.4.2 Canada: Edge Banding Materials Market, by Material
9.1.2.4.3 Canada: Edge Banding Materials Market, by Application
9.1.2.5 Mexico: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
9.1.2.6 Mexico: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
9.1.2.6.1 Mexico: Edge Banding Materials Market, by Material
9.1.2.6.2 Mexico: Edge Banding Materials Market, by Material
9.1.2.6.3 Mexico: Edge Banding Materials Market, by Application
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Product Resources, Inc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 EdgeCo Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 SURTECO GmbH
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Charter Industries Extrusions LLC
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 JSO Wood Product Inc
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Sauers & Co Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Aero-Plastics Inc
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Edgebanding Services Inc
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 REHAU Inc
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
Table 3. North America Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 4. North America Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 5. North America Edge Banding Materials Market, by Application- Revenue and Forecast to 2028 (USD Million)
Table 6. US Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 7. US Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 8. US Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 9. Canada: Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 10. Canada: Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 11. Canada Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 12. Mexico Edge Banding Materials Market, by Material - Volume and Forecast to 2028 (Million Meter)
Table 13. Mexico Edge Banding Materials Market, by Material - Revenue and Forecast to 2028 (USD Million)
Table 14. Mexico Edge Banding Materials Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 15. Glossary of Terms, North America Edge Banding Materials Market
LIST OF FIGURES
Figure 1. North America Edge Banding Materials Market Segmentation
Figure 2. North America Edge Banding Materials Market Segmentation - By Country
Figure 3. North America Edge Banding Materials Market Overview
Figure 4. North America Edge Banding Materials Market, By Material
Figure 5. North America Edge Banding Materials Market, by Country
Figure 6. Porter's Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. North America Edge Banding Materials Market Impact Analysis of Drivers and Restraints
Figure 9. North America Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. North America Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meter)
Figure 11. North America: Edge Banding Materials Market Revenue Share, by Material (2021 and 2028)
Figure 12. Plastic: North America Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 13. Plastic: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 14. PVC: North America Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 15. PVC: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 16. ABS: North America Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 17. ABS: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Acrylic: North America Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 19. Acrylic: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others Plastics: North America Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 21. Other Plastics: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Wood: North America Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 23. Wood: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Metal: North America Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 25. Metal: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Others: North America Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meter)
Figure 27. Others: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 28. North America: Edge Banding Materials Market Revenue Share, by Application (2021 and 2028)
Figure 29. Residential: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Commercial and Industrial: North America Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 31. North America: Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America: Edge Banding Materials Market Revenue Share, by Key Country (2021 and 2028)
Figure 33. US: Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
Figure 34. US: Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 35. Canada: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 36. Canada: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
Figure 37. Mexico: Edge Banding Materials Market-Volume and Forecast to 2028 (Million Meter)
Figure 38. Mexico: Edge Banding Materials Market-Revenue and Forecast to 2028 (US$ Million)
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