0
New
New
2022
Decorative Laminates Market

Decorative Laminates Market

by Product Type (High Pressure Laminates, Low Pressure Laminates), by Application (Walls, Flooring, Furniture and Cabinets), by End Use (Residential, Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031

Report Code: A02177
Pages: 213
Jun 2022 | 6701 Views
Author(s) : Saurabh Vijay Samel , Onkar Sumant
Tables: 133
Charts: 54
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

Decorative Laminates Market Research, 2031

The global decorative laminates market size was valued at $7.0 billion in 2021, and is projected to reach $10.0 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031. Decorative laminates are furnishing products used for providing greater aesthetic appeal to the external surface of furniture, walls, and other static and movable building components such as floors and doors & windows. They are manufactured using resins and high-quality kraft paper, pressed at high amount of heat and pressure, which make it durable and resistant to moisture.

The decorative laminates market was hampered during the outbreak of COVID-19 pandemic, owing to restrictions on manufacturing activities. In addition, reduced home remodeling and furnishing activities during the initial stages of lockdown, negatively impacted the market.

Decorative Laminates Market, Decorative Laminates Industry, Decorative Laminates Market Size, Decorative Laminates Market Share, Decorative Laminates Market Growth, Decorative Laminates Market Trends, Decorative Laminates Market Analysis, Decorative Laminates Market Forecast, Decorative Laminates Market Opportunity

Rise in global population and increase in trend of living in nuclear families have significantly increased the demand for residential infrastructure. This has fueled the use of decorative laminates, as they are extensively applied on floors, walls, doors, windows. Furthermore, the furniture & cabinets industry is witnessing significant growth, owing to rise in number of dwellings and other residential and non-residential buildings. Moreover, the COVID-19-induced work-from-home culture is fueling the demand for furniture & cabinets by home owners. Therefore, expansion of the furniture & cabinets industry has significantly increased the demand for decorative laminates, as they are extensively used in furniture & cabinets manufacturing to enhance aesthetical appearance and durability. Moreover, decorative laminate offers many advantageous features as compared to other similar surface finishing products.  For instance, they are moisture-proof, abrasion- & impact-resistant, and require little to no maintenance. Such features make them a cost-effective option over a longer period. In addition, the availability of a wide range of decorative laminates having varied thickness, durability, patterns, appearance, and prices is driving their demand, thus propelling the decorative laminates market growth.

The major decorative laminate manufacturers such as Panolam Industries International, Inc., Greenlam Industries Limited, and Fletcher Building offer a wide variety of high- and low-pressure laminates to consumers. Furthermore, a few manufacturers offer customized printed laminates to the end users. Moreover, various development strategies are adopted by the decorative laminates manufacturers to sustain harsh competition in the market. For instance, in August 2021, Century Laminates, a part of Century Plyboards Ltd., launched a new range of gloss laminates. Similarly, business expansion strategy helps in gaining a significant market share. For instance, in December 2021, Greenlam Industries Ltd., an India-based laminate manufacturer, announced its plans for establishing its manufacturing facility in Naidupeta, in Andhra Pradesh. This facility will manufacture laminates sheets and ply and particle boards.

Decorative Laminates Market
By Product Type

Your browser does not support the canvas element.

High Pressure Laminates segment is expected to hold a majority share of the market throughout the study period.

Get more information on this report : Request Sample Pages

The novel coronavirus has rapidly spread across various countries and regions, causing an enormous impact on the lives of people and the overall community. It began as a human health condition and later became a significant threat to global trade, economy, and finance. The COVID-19 pandemic had halted the production of many components of decorative laminates due to lockdown. The economic slowdown initially resulted in reduced spending on various applications of decorative laminates by residential and commercial users. However, after lifting of initial lockdowns, demand for residential furniture was positively influenced owing to rise in work from home culture. Furthermore, owing to the introduction of various vaccines, the severity of COVID-19 pandemic has significantly reduced. As of mid-2022, the number of COVID-19 cases have diminished significantly. This has led to the full-fledged reopening of decorative laminates manufacturing companies at their full-scale capacities. Furthermore, it has been more than two years since the outbreak of this pandemic, and many companies have already shown notable signs of recovery.

Furthermore, expansion of the tourism industry across the world fueled by rise in globalization, reduced air fares, and increase in purchasing capacity of masses is anticipated to boost the growth of the decorative laminates industry. In addition, improvement in standard of living and increase in spendings on home remodeling projects, especially in high income countries, are anticipated to positively influence the decorative laminates market throughout the forecast period.

Decorative Laminates Market
By Application

Your browser does not support the canvas element.

Furniture and Cabinets segment held a dominant position in 2021 and would continue to grow at significant CAGR during the study period.

Get more information on this report : Request Sample Pages

The decorative laminates market is segmented into Product Type, Application and End Use. On the basis of product type, the market is bifurcated into high-pressure laminates and low-pressure laminates. Depending on application, it is categorized into walls, flooring, and furniture & cabinets. By end-user industry, it is segregated into commercial and residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific held the major decorative laminates market share in 2021, followed by North America and Europe. This is attributed to increase in construction and home remodeling activities.

Decorative Laminates Market
By Region

2031
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific is the largest market throughout the study period.

Get more information on this report : Request Sample Pages

Competition Analysis 

The key companies profiled in the decorative laminates market forecast report include Abet Laminati S.p.A., Archidply, Broadview Holding, Fletcher Building, Greenlam Industries Limited, Merino Industries Limited, Panolam Industries International, Inc., Stylam Industries Ltd., Synthomer Plc., and Wilsonart LLC.

Key Benefits For Stakeholders

  • This report provides decorative laminates market analysis of segments, current trends and estimations from 2021 to 2031 to identify the prevailing decorative laminates market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the decorative laminates market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global decorative laminates market trends, key players, market segments, application areas, and market growth strategies.

Decorative Laminates Market Report Highlights

Aspects Details
By Product Type
  • High Pressure Laminates
  • Low Pressure Laminates
By Application
  • Walls
  • Flooring
  • Furniture and Cabinets
By End Use
  • Residential
  • Commercial
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, U.K., Italy, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest Of Asia Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Abet Laminati S.p.A, Archidply, Broadview Holding, Fletcher Building, Greenlam Industries Limited, Illinois Tool Works, Merino Laminates Ltd., Panolam Industries International, Stylam Industries Ltd., Synthomer plc
 

Loading Table Of Content...


 
 

The decorative laminates market has witnessed significant growth in past few years, owing to surge in construction and maintenance activities of residential and commercial buildings.

The highly sought features of decorative laminates such as moisture resistance, durability, and abrasion & impact resistance make it far superior to the other surface finishing products, such as, wallpapers, veneer, wall paint, and others. Furthermore, rise in demand for luxurious interior of homes especially in high-income countries such as the U.S, Canada, the UK, and Germany is fueling the demand for decorative laminates. Furthermore, increase in building construction activities in countries such as China and India have increased the demand for decorative laminates from residential and non-residential users. In addition, rise in demand for furniture & cabinets across the world is anticipated to drive significant demand in decorative laminates market.

Moreover, increase in trend of home renovation activities in high- and mid-income countries is expected to provide lucrative opportunities for the growth for the market. 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. Development of cost effective and sustainable laminates is a major trend in the market.

A. Decorative laminates are extensively used for increasing the aesthetical appearance of furnishing products such as beds, cupboards, cabinets and others.

A. Asia-Pacific is the largest regional market for Decorative Laminates

A. $7,049.4 Million is the estimated industry size of Decorative Laminates in 2021.

A. Abet Laminati S.p.A, Archidply, Broadview Holding, Fletcher Building, Greenlam Industries Limited, Merino Industries Limited, Panolam Industries International, Inc. and Stylam Industries Ltd., are some of the top companies to hold the market share in Decorative Laminates

A. The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

A. Residential and commercial furnishing projects are the major end users of the Decorative Laminates Market.

A. Product launch is the key growth strategy of Decorative Laminates industry players

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Decorative Laminates Market

Start reading instantly.
This Report and over 18,752+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Jun 2023 - Jun 2024)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jun 2023 - Jun 2024)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jun 2023 - Jun 2024)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jun 2023 - Jun 2024)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Jun 2023 - Jun 2024)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers