Market Overview:
The GCC decorative laminates market size reached US$ 212.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 308.8 Million by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 212.7 Million |
Market Forecast in 2032 |
US$ 308.8 Million |
Market Growth Rate (2024-2032) |
4.1% |
Decorative laminates are long-lasting and highly durable flat sheeting materials that are used to surface kitchen counters, tabletops and other cabinetry. These products are resistant to stains, scratches and heat as they are made with aluminum oxide, which is one of the hardest substances. The designs on the decorative laminates do not fade in case of exposure to the sunlight as they consist of a wear layer that protects the photographic layer underneath. In the GCC region, decorative laminates have gained traction as they can be installed over any substrate like wood, concrete, plywood, OSB, and already installed vinyl products.
The GCC decorative laminates market is primarily driven by the rising number of infrastructural projects like airports, hotels, shopping malls, and convention centers. Besides this, due to the increasing development of various modern housing and commercial infrastructure projects across the GCC countries, consumers are shifting from conventional veneers, paints, and coatings, toward decorative laminates. These laminates are cost-effective alternatives that can be easily installed as a floating layer without connecting them to the wall or subfloor by nails, glues, or staples. Furthermore, there has been an increasing inclination toward aesthetically-appealing home interiors and corporate spaces, resulting in escalating demand for ready-to-assemble (RTA) flooring, furniture, and cabinets.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the GCC decorative laminates market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type, application, end use, texture, pricing, and sector.
Breakup by Product Type:
- 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:
Breakup by Pricing:
Breakup by Sector:
Breakup by Country:
- Saudi Arabia
- UAE
- Qatar
- Oman
- Kuwait
- Bahrain
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Product Type
- Application
- End Use
- Texture
- Pricing
- Sector
- Country
|
Product Types Covered |
High Pressure Laminates, Low Pressure Laminates |
Applications Covered |
Furniture and Cabinets, Flooring, Wall Panels, Others |
End Uses Covered |
Non-Residential, Residential, Transportation |
Textures Covered |
Matte/Suede, Glossy |
Pricings Covered |
Premium, Mass |
Sectors Covered |
Organised, Unorganised |
Countries Covered |
Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
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 GCC decorative laminates market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the GCC decorative laminates market?
- What are the key regional markets?
- 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 various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the GCC decorative laminates market and who are the key players?
- What is the degree of competition in the industry?