Outlook of the wood manufacturing market in Romania

According to Technavio’s market research analyst, the wood manufacturing market in Romania will grow steadily at a CAGR of almost 5% by 2020. The easy availability of raw materials is a significant factor spurring this market’s growth prospects over the next few years. In Romania, around 28% of the land is covered with forests. The Institute for European Environmental Policy (IEEP) implemented new afforestation policies that led to the re-forestation of thousands of square kilometers of land in Europe, including Romania. The forests in Europe are now growing at approximately 0.45 million hectares every year. This increase in the forest cover has led to the easy availability of wood for the wood manufacturing industry.

This market study also expects the high demand for medium-density fiberboard (MDF) products to spur the prospects for market growth during the estimated period. MDF is a composite panel manufactured by combining wood fiber and resin. It is recyclable, durable, and can be used to manufacture designer furniture. Additionally, as powder-coated MDF has a lower carbon and ecological footprint compared to materials with solvent-borne and water-borne coatings, its demand among the end users will increase significantly over the next few years.

Competitive landscape and key vendors

The wood manufacturing market in Romania is characterized by the presence of diverse international and regional manufacturers. However, as international players have increased their footprint in the market, regional manufacturers are finding it increasingly difficult to compete with them, especially on features such as quality, technology, and pricing. The competitive environment in this market will intensify with an increase in product/service extensions, technological innovations, and M&A activities.

Key manufacturers analyzed in this market study are -

• Holzindustrie Schweighofer
• Kronospan
• Egger
• JF Furnir
• Romsilva
• Timberwood
• Lafor
• Groupe Lefebvre
• Romanel
• Palrom Products
• Snijana
• Vicla
• Furnir Wood
• Becker-Romania
• Losan Romania
• Kronospan Romania
• Tanex Wood
• Koncord Trans

Segmentation by product and analysis of the wood manufacturing market in Romania

• Sawmilled and planed wood
• Veneer sheets and wood-based panels
• Other wood products (such as corks and wooden canvas)

During 2015, the sawmilled and planed wood segment dominated this market by accounting for an impressive market share of approximately 50%.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the wood manufacturing market in Romania?
• What are the key market trends impacting the growth of the wood manufacturing market in Romania?
• What are the challenges to market growth?
• Who are the key vendors in wood manufacturing market in Romania?
• What are the market opportunities and threats faced by the vendors in the wood manufacturing market in Romania?
• Trending factors influencing the market shares of Romania.
• What are the key outcomes of the five forces analysis of wood manufacturing market in Romania?

Technavio also offers customization on reports based on specific client requirement.

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