India Decorative Laminates Market Share, Size, Growth, Opportunity and Forecast 2023-2028

India Decorative Laminates Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3597

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Market Overview 2023-2028:

The India decorative laminates market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

Decorative laminates are durable sheeting materials that are utilized in home and industrial furnishings. They are coated with phenolic acid and then decorated with desired patterns and melamine resin. These laminates are resistant to stains, scratches and heat, due to which they are used for surfacing kitchen counters, tabletops and cabinetry. They find applications in hotels, hospitals, shopping malls, airports, educational institutions, and commercial infrastructures.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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India Decorative Laminates Market Trends:

The India decorative laminates market is primarily driven by the elevating living standards and the increasing per capita expenditure of consumers on home décor products. The rising popularity of ready-to-assemble (RTA) floorings, furniture, and cabinets has also encouraged consumers to shift toward modern home furnishing designs. Furthermore, the rapid development of commercial infrastructure in India has increased the demand for decorative interior products such as laminates in gymnasiums, convention centers, indoor sports clubs, and auditoriums. Furthermore, as decorative laminates are easy to install and do not need to be connected with the subfloor or walls by nails or staples, they have gained immense traction across the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India decorative laminates market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, application, end use, texture, pricing and sector.

Breakup by Product Type:

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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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:

Mass
Premium

Breakup by Sector:

Organised
Unorganised

Breakup by Region:

North India
West and Central India
South India
East India

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	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Product Type, Application, End Use, Texture, Pricing, Sector, Region
Region Covered	North India, West and Central India, South India, East India
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

The India decorative laminates market was valued at US$ 1.7 Billion in 2022.

We expect the India decorative laminates market to exhibit a CAGR of 5.8% during 2023-2028.

The rising consumer inclination towards modern home furnishing designs, along with the increasing demand for decorative laminates in hotels, hospitals, shopping malls, etc., as they are resistant to stains, scratches, and heat, is primarily driving the India decorative laminates market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary halt in numerous production activities for decorative laminates.

Based on the product type, the India decorative laminates market has been bifurcated into high pressure laminates and low pressure laminates, where low pressure laminates currently hold the largest market share.

Based on the application, the India decorative laminates market can be segmented into furniture and cabinets, flooring, wall panels, and others. Currently, furniture and cabinets account for the majority of the total market share.

Based on the end use, the India decorative laminates market has been divided into non-residential, residential, and transportation. Among these, the non-residential sector currently exhibits a clear dominance in the market.

Based on the texture, the India decorative laminates market can be categorized into matte/suede and glossy. Currently, matte/suede accounts for the majority of the total market share.

Based on the pricing, the India decorative laminates market has been segregated into mass and premium, where premium currently exhibits a clear dominance in the market.

Based on the sector, the India decorative laminates market can be bifurcated into organized and unorganized. Currently, the organized sector holds the largest market share.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

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