Edge Banding Materials Market Key Players and Forecast by 2028

Historic Data: 2020-2021 | Base Year: 2022 | Forecast Period: 2023-2028

Edge Banding Materials Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material [Plastic (PVC, ABS, Acrylic, and Others), Wood, Metal, and Others] and End Use (Residential and Commercial & Industrial)

Report Date : Nov 2022
Report Code : TIPRE00019639

Category : Chemicals and Materials
Status : Published

Available Report Formats :
No. of Pages : 189

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The edge banding materials market size was valued at US$ 1,505.74 million in 2022; it is expected to grow at a CAGR of 9.7% from 2022 to 2028.

Edge banding is the process of covering the raw edges of medium-density fiberboard, plywood, block boards, or other materials with the help of edge banding tape. Edge banding creates durable and visually appealing trim edges during finish carpentry. Edge banding can be made of different materials, such as plastic, wood, and metal.

The rough edges of plywood and other wood material can easily absorb atmospheric moisture. This can lead to the deterioration of the plywood. Edge banding helps keep moisture away from entering the plywood and increases its durability. Edge banding tapes generally have a very smooth finish and provide an aesthetic appearance.

Due to its excellent processing characteristics, plastic is the most used material in manufacturing edge bands for the furniture industry. Plastic edge banding tapes are usually flame-retardant and recyclable. Moreover, plastic edge banding is very popular for modular furniture as it is durable, easy to fix, and has an extremely long life. It offers high-impact resistance and is appropriate for straight and curved panel processing. It is used extensively across the furniture industry, including manufacturing kitchens, bathrooms, and shop fittings.

The rapidly expanding construction industry globally is boosting the consumption of edge banding materials. Residential and commercial constructions are rapidly developing in emerging economies. In the building & construction industry, edge banding is used in carpentry and furniture-making. Edge banding is utilized to cover the exposed sides of materials such as plywood and particle board, giving the appearance of a solid material. Edge banding can also be used instead of features such as face frames or molding. Thus, the growing use of edge banding in the building & construction industry is expected to propel the edge banding materials market growth during the forecast period.

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Edge Banding Materials Market: Strategic Insights

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Impact of COVID-19 Pandemic on Edge Banding Materials Market

The COVID-19 pandemic affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In 2020, various industries had to slow down their operations due to disruptions in value chains caused by the shutdown of national and international boundaries, which led to low demand for edge banding materials from various industries. The COVID-19 pandemic caused volatility in the prices of polymer materials required to produce edge banding materials. The worldwide consumption of edge banding materials declined due to low demand from various industries such as construction and manufacturing. The reduced demand from various industries due to the COVID-19 pandemic negatively impacted the growth of the edge banding materials market. However, the demand for edge banding materials is expected to rise globally as various economies revive their operations.

Market Insights

Growing Interest in Sustainable Products

Sustainability has become an important aspect of many industries. Many furniture manufacturers are influenced by business and consumer interest in green products, in line with the increased focus on sustainability. Many furniture brands are offering sustainable product lines. In line with this, various edge banding material manufacturers are also offering products made from eco-friendly materials. Furniture can be made with recycled materials or more sustainable and eco-friendly products to reduce environmental impact. For example, BioPlastic Solutions, LLC—a US-based company involved in bioplastic engineering and manufacturing proprietary bio-based poly-resins and products—provides an eco-friendly PVC alternative—BioEdge Edge banding. This product eliminates the use of oil and harmful chemicals. It is a complete bio-replacement for PVC and ABS edge banding. BioBest is a patented, proprietary plastic material manufactured from corn and sugar cane processing. Hence, the growing trend of using eco-friendly products is expected to boost the demand for bio-based and eco-friendly edge banding materials during the forecast period.

Moreover, changing consumer preferences, rising inclination toward a luxurious lifestyle, increasing income levels of consumers, and growing commercial spaces are boosting the 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 global edge banding materials market.

Material Insights

Based on material, the global edge banding materials market has been segmented into plastic (PVC, ABS, acrylic, and others), wood, metal, and others. The plastic segment held the largest market share in the global edge banding materials market in 2021. PVC material is the majorly utilized plastic in edge banding.

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 are among the major players operating in the global edge banding materials market. Players operating in the global edge banding materials market are constantly focusing on strategies such as investments in research and development activities and new product launches.

Edge Banding Materials Market Regional Insights

The regional trends and factors influencing the Edge Banding Materials Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Edge Banding Materials Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

edge-banding-materials-market-global-geography

Get the Regional Specific Data for Edge Banding Materials Market

Edge Banding Materials Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 1.51 Billion
Market Size by 2028	US$ 2.62 Billion
Global CAGR (2022 - 2028)	9.7%
Historical Data	2020-2021
Forecast period	2023-2028
Segments Covered	By Material Plastic Wood Metal By End Use Residential Commercial & Industrial
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Product Resources, Inc. EdgeCo Incorporated Surteco USA Inc. A Charter Industries, LLC. JSO Wood Product Sauers & Company Veneers Aero Plastics Inc. LIGNADECOR Edgebanding Services, Inc. (ESI)

Edge Banding Materials Market Players Density: Understanding Its Impact on Business Dynamics

The Edge Banding Materials Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Edge Banding Materials Market are:

Product Resources, Inc.
EdgeCo Incorporated
Surteco USA Inc.
A Charter Industries, LLC.
JSO Wood Product

Disclaimer: The companies listed above are not ranked in any particular order.

Get the Edge Banding Materials Market top key players overview

Report Spotlights

Progressive industry trends in the edge banding materials market to help players develop effective long-term strategies
Business growth strategies adopted by developed and developing markets
Quantitative analysis of the edge banding materials market from 2019 to 2028
Estimation of global demand for edge banding materials
Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
Recent developments to understand the competitive market scenario
Market trend and outlook, as well as factors driving and restraining the growth of the edge banding materials market
Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
The size of the edge banding materials market size at various nodes
Detailed overview and segmentation of the market, as well as the edge banding materials industry dynamics
Size of the edge banding materials market in various regions with promising growth opportunities

Company Profiles

Product Resources, Inc.
EdgeCo Incorporated
Surteco USA Inc.
A Charter Industries, LLC.
JSO Wood Product
Product Resources, Inc.
Sauers & Company Veneers
EdgeCo Incorporated
Edgebanding Services, Inc. (ESI)
REHAU Incorporated

Frequently Asked Questions

Based on the application, which is the fastest-growing segment in the edge banding materials market?

Based on application, commercial & industrial is the fastest-growing segment in the edge banding materials market.

What are the key drivers for the growth of the global edge banding materials market?

The high aesthetics appeal of wood-based edge banding and increasing demand from the residential Furniture Industry are some of the key driving factors for the edge banding materials market.

What is the largest region of the global edge banding materials market?

Asia Pacific accounted for the largest share of the global edge banding materials market owing to the presence of a strong industrial base that is making this region the workshop of the world.

Based on the material, why does the plastic segment have the largest revenue share?

Based on the material, the plastic segment accounted for the largest revenue share as it is made of a variety of polymers, including polyvinyl chloride (PVC), acrylonitrile butadiene styrene (ABS), and polypropylene (PP). It is highly durable and is used widely across the furniture industry.

What are the opportunities for edge banding materials in the global market?

The resumption of commercial, institutional, and industrial renovation activities is expected to provide growth opportunities to the edge banding materials market in the coming years.

Can you list some of the major players operating in the global edge banding materials market?

The major players operating in the global edge banding materials market are Product Resources, Inc.; EdgeCo Incorporated; Surteco USA Inc.; A Charter Industries, LLC.; JSO Wood Product; Product Resources, Inc.; Sauers & Company Veneers; EdgeCo Incorporate; Edgebanding Services, Inc. (ESI); REHAU Incorporated; among few others.

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the Edge Banding Materials Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

Edge Banding Materials Market Report Snapshots

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