Decorative Laminates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Decorative Laminates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2196
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Market Overview:

The global decorative laminates market reached a value of US$ 41.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 54.3 Billion by 2027, exhibiting at a CAGR of 4.39% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Decorative laminates refer to specially designed laminated sheets that are used as furniture surface materials, flooring, or wall paneling. Generally, the laminates are manufactured by blending brown kraft papers with decorative printed patterns using heat and pressure. Decorative laminates are preferred over veneers, paints, and coatings on account of their durability, cost-effectiveness, long shelf-life, and improved aesthetic value. Owing to this, they are majorly used for decorating and protecting cabinets, walls, furniture, flooring, etc.

 

 
 

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The rising consumer living standards supported by their increasing per capita expenditure on home decor is one of the key factors driving the market growth for decorative laminates. In line with this, there is a growing inclination towards aesthetically appealing designs in home interiors and corporate office spaces, which is also catalyzing the product demand. Recently the demand for ready-to-assemble (RTA) flooring, furniture and cabinets have witnessed a significant rise, owing to which the need for decorated laminates is also increasing across the globe. Additionally, there is a rising demand for decorative laminates in hotels, hospitals, shopping malls, airports, educational institutions, and other commercial infrastructures owing to the wide availability of designs, colors, textures, etc. Apart from this, the rapid utilization of decorative interior products in gymnasiums, convention centers, indoor sports clubs, auditoriums, etc., further fuels the market growth. Moreover, several refurbishment and remodeling activities in residential and commercial sectors of the developed regions have further propelled the demand for decorative laminates. On the other hand, rapid urbanization and rising infrastructural developments, across the emerging economies have led to the construction of modern housing projects, thereby encouraging the use of high-end and premium products, such as decorative laminates. The above-mentioned factors will continue to fuel the growth of the global decorative laminates market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global decorative laminates market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, application, end-use, texture, pricing and sector.

Breakup by Product Type:

 

 
 

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  • High Pressure Laminates
  • Low Pressure Laminates


Breakup by Application:

  • Furniture and Cabinets
  • Flooring
  • Wall Panels
  • Others


Breakup by End-Use:

  • Non-Residential
  • Residential
  • Transportation


Breakup by Texture

  • Matte/Suede
  • Glossy


Breakup by Pricing

  • Premium
  • Mass


Breakup by Sector

  • Organised
  • Unorganised


Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Chile
    • Peru
    • Others
  • Middle East and Africa
    • Turkey
    • Saudi Arabia
    • Iran
    • United Arab Emirates
    • Others


Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Abet Laminati S.p.A, Archidply, Century Laminates, Fletcher Building, FunderMax Gmbh, Greenlam Industries Limited, Merino Laminates Ltd., Omnova Solutions Inc., Panolam Industries International, Inc., Stylam Pvt. Ltd. and Wilsonart LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Product Type, Application, End-Use, Texture, Pricing, Sector, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico, Argentina, Colombia, Chile, Peru, Turkey, Saudi Arabia, Iran, United Arab Emirates
Companies Covered Abet Laminati S.p.A, Archidply, Century Laminates, Fletcher Building, FunderMax Gmbh, Greenlam Industries Limited, Merino Laminates Ltd., Omnova Solutions Inc., Panolam Industries International, Inc., Stylam Pvt. Ltd. and Wilsonart LLC
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global decorative laminates market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the decorative laminates market?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-use?
  • What is the breakup of the market based on the texture?
  • What is the breakup of the market based on the pricing?
  • What is the breakup of the market based on the sector?
  • What are the price trends of decorative laminates?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global decorative laminates market and who are the key players?
  • What is the degree of competition in the market?

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Decorative Laminates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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