Types of Wood-Based Panels and their Economic Impact

European Panel FederationWood-Based Panel IndustryTypes of Wood-Based Panels and their Economic Impact

Total wood-based panel production in EPF countries registered a better performance (-2.1%) than real GDP in the EU-27 (-6.1%) in 2020 driven by a relatively stable construction output and a strong recovery in the furniture production in the second half H2 2020. Higher output of OSB (+4.1%) and wood-fibre insulating board (+5.7%) partly offset the drop in the production of other panel types.

The outlook appears optimistic thanks to political support in wood in construction such as Green Deal, Renovation Wave and New European Bauhaus and a new trend towards accommodating home working, which would require new types of furniture.