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US Edge Banding Materials Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Material [Plastic (PVC, ABS, Acrylic, and Others), Wood, Metal, and Others] and End Use (Residential and Commercial & Industrial)
Market Report I 2022-10-31 I 101 Pages I The Insight Partners
The US edge banding materials market is expected to grow from US$ 163.4 million in 2021 to US$ 297.0 million by 2028; it is expected to grow at a CAGR of 9.3% from 2021 to 2028.
Edge banding is a finish carpentry method. In this method, a short strip of material is used to make durable and aesthetic trim edges of furniture. Edge banding is made of different materials, such as plastic, metal, and wood. Edge band materials have gained momentum in the market over the last decade with increasing growth in the building & construction sector. It offers many benefits in furnishing and is predominantly used to prevent water absorption and humidity on wooden surfaces to protect them. It is also used to provide wood veneers with a smooth aesthetic finish as it conceals the rugged natural texture of solid wood. It is also used on non-wood surfaces to give the appearance of natural wood.
The US edge banding materials market growth is attributed to increased demand for furniture due to the rising housing & construction sector and the increased need for user-friendly and sustainable edge banding materials. The rapidly growing residential sector is also increasing the demand for edge banding materials. During the forecast period, the rising demand for sustainable and user-friendly edge banding materials is expected to influence the overall growth of the US edge banding materials market.
The residential construction sector is expanding despite ongoing supply chain challenges, including the shortage of building materials, rising prices, and expensive land. The US government is also focusing on providing affordable housing. As part of the BBB plan, the government allocated an investment of US$ 150 billion on affordable housing provisions for the construction and rehabilitation of over 1 million affordable homes across the country. This increased government investment is expected to increase the demand for residential furniture, which is expected to boost the US edge banding market growth.
Moreover, changing consumer preferences, inclination toward a luxurious lifestyle, increasing income levels of consumers, and a growing number of commercial spaces are also boosting demand for wood-based edge banding materials. 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 US edge banding materials market.
A few key players operating in the US edge banding materials market are 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. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers' requirements.
The overall US edge banding materials market size has been derived using both primary and secondary sources. 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 US 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 US Edge Banding Materials Market, by Material
1.3.2 US Edge Banding Materials Market, by End Use
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. US Edge Banding Materials Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.3 Expert Opinion
5. US 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 Market - US Market Analysis
6.1 US Edge Banding Materials Market Overview
6.2 US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
6.3 US Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
7. US Edge Banding Materials Market Analysis - By Material
7.1 Overview
7.2 US Edge Banding Materials Market, By Material (2021 and 2028)
7.3 Plastic
7.3.1 Overview
7.3.2 Plastic: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 Plastic: US Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meters)
7.3.4 PVC
7.3.4.1 Overview
7.3.4.2 PVC: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.4.3 PVC: US 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: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.5.3 ABS: US 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: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.6.3 Acrylic: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.3.7 Others
7.3.7.1 Overview
7.3.7.2 Others: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
7.3.7.3 Others: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Wood
7.4.1 Overview
7.4.2 Wood: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3 Wood: US Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meters)
7.5 Metal
7.5.1 Overview
7.5.2 Metal: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.5.3 Metal: US Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meters)
7.6 Others
7.6.1 Overview
7.6.2 Others: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
7.6.3 Others: US Edge Banding Materials Market - Volume and Forecast to 2028 (Million Meters)
8. US Edge Banding Materials Market Analysis - By End Use
8.1 Overview
8.2 US Edge Banding Materials Market, By End Use (2021 and 2028)
8.3 Residential
8.3.1 Overview
8.3.2 Residential: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
8.3.3 Residential: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
8.4 Commercial and Industrial
8.4.1 Overview
8.4.2 Commercial and Industrial: US Edge Banding Materials Market - Revenue and Forecast to 2028 (US$ Million)
8.4.3 Commercial and Industrial: US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
9. Appendix
9.1 About The Insight Partners
9.2 Glossary of Terms
LIST OF TABLES
Table 1. US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
Table 2. US Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
Table 3. Glossary of Terms, US Edge Banding Materials Market
LIST OF FIGURES
Figure 1. US Edge Banding Materials Market Segmentation
Figure 2. US Edge Banding Materials Market Overview
Figure 3. US Edge Banding Materials Market, By Material
Figure 4. Porter's Five Forces Analysis
Figure 5. Expert Opinion
Figure 6. US Edge Banding Materials Market Impact Analysis of Drivers and Restraints
Figure 7. Geographic Overview of US Edge Banding Materials Market
Figure 8. US Edge Banding Materials Market -Volume and Forecast to 2028 (Million Meter)
Figure 9. US Edge Banding Materials Market -Revenue and Forecast to 2028 (US$ Million)
Figure 10. US Edge Banding Materials Market Revenue Share, By Material (2021 and 2028)
Figure 11. Plastic: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 12. Plastic: US Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meters)
Figure 13. PVC: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 14. PVC: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. ABS: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 16. ABS: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Acrylic: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 18. Acrylic: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Others: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 20. Others: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Wood: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 22. Wood: US Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meters)
Figure 23. Metal: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 24. Metal: US Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meters)
Figure 25. Others: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 26. Others: US Edge Banding Materials Market - Volume and Forecast To 2028 (Million Meters)
Figure 27. US Edge Banding Materials Market Revenue Share, By End Use (2021 and 2028)
Figure 28. Residential: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 29. Residential: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
Figure 30. Commercial and Industrial: US Edge Banding Materials Market - Revenue and Forecast To 2028 (US$ Million)
Figure 31. Commercial and Industrial: US Edge Banding Materials Market -Volume and Forecast To 2028 (Million Meter)
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