Between 2013 and 2022, Indonesia's particle board production remained stable at 125.0 thousand cubic meters annually. However, in 2023, production declined to 117.81 thousand cubic meters, marking a 5.76% year-on-year decrease. The five-year compound annual growth rate (CAGR) to 2023 was -1.18%. Forecast data from 2024 onwards shows a continued decreasing trend, with production expected to be 110.72 thousand cubic meters in 2024 and 83.07 thousand cubic meters by 2028, reflecting a forecasted five-year CAGR of -5.58% and a total decline of 24.97% over the period.

Future trends to watch for:

The impact of global market conditions and demand fluctuations for particle board.
Changes in raw material availability and prices.
Technological advancements and their influence on production efficiency.
Environmental regulations and their impact on production practices and costs.