Market Overview:
The global decorative laminates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laminate sheets from various end-use applications, such as cabinets, furniture, flooring, and others. In addition, the growing construction industry is also fueling the demand for decorative laminates across regions. On the basis of type, high-pressure laminate (HPL) is expected to account for a major share of the global decorative laminates market during 2018–2030. HPL offers high resistance against scratches and abrasion and are hence preferred for use in high-end furniture and other applications where durability is required.
Product Definition:
Decorative Laminate is a sheet material used for cladding or covering surfaces. It is made by bonding a decorative paper to a substrate using adhesives. The end product has the appearance of solid wood, stone or other materials but is much more affordable and easier to maintain than the real thing. Decorative Laminate can be used in both residential and commercial settings and can be applied over existing surfaces such as walls, cabinets, countertops and furniture.
High-pressure Laminate:
High-pressure laminate is a type of laminating film that is manufactured using pressure from above 1.5 to 3.0 kg/cm2, and it has several properties such as high moisture resistance, excellent thermo-oxidative stability, good adhesion to the substrate (wood or paper), and superior mechanical strength among others.
Low-pressure Laminate:
Low-pressure laminate is a type of laminates which has low moisture content and it's ability to form an adhesive bond between the layers of wood or other material. It can be used in both interior and exterior applications. The product is available in various forms such as sheets, boards, tiles, etc., depending on the end use application.
Application Insights:
The furniture application segment led the global decorative laminates market in 2017. The growth of this segment can be attributed to increasing demand for luxury furniture. Increasing disposable income levels and changing lifestyle have created a positive impact on the demand for home dĩcor products, which is also likely to propel product demand over the forecast period.
Decorative laminates are used in various interior applications including wall covering, flooring, cabinets and furniture among others. Growing preference for customized designs along with technological advancements has fueled their use as trim materials on office partitions, doors and shelves across educational institutions and corporate offices worldwide.
Regional Analysis:
Asia Pacific decorative laminates market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing construction activities in emerging economies such as India and China. In addition, rising disposable income coupled with a growing preference for modern home d©cor products will drive the regional market growth over the forecast period.
Europe decorative laminates industry accounted for more than 25% share of global revenue in 2017 due to high demand from furniture and flooring application industries. The region is expected witness moderate growth rate on account of stringent regulatory scenario regarding VOC emissions coupled with rapidly changing consumer preferences towards sustainable building materials that are eco-friendly, lightweight, easy to install & maintain products which can be cleaned using water alone instead of using harsh chemicals or abrasives used traditionally by manufacturers while manufacturing wood based panel products which causes environmental pollution along with health hazards associated with it.
Growth Factors:
- Increasing demand from construction and furniture industries
- Rising disposable income of consumers in developing countries
- Technological advancements in the manufacturing process of decorative laminates
- Growing popularity of laminate flooring and other applications
- New product launches by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Decorative Laminates Market Research Report
By Type
High-pressure Laminate, Low-pressure Laminate
By Application
Cabinet, Furniture, Flooring, Others
By Companies
Advanced Technology, Inc. (US), Arpa Industriale S.p.A. (Italy), Fletcher Building Limited (New Zealand), Omnova Solutions Incorporation (U.S.), Greenlam Industries Limited (India), Merino Industries Limited (India), Wilsonart LLC (U.S.), Abet Laminati S.p.A. (Italy), Archidply Industries Limited (India), FunderMax Gmbh (Europe), Panolam Industries International, Inc. (U.S.), Stylam Industries Limited (India), Witex Flooring Products GmbH (Germany), Uniboard Canada, Inc. (Canada), Laminex Group Pty Limited (Australia)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Decorative Laminates Market Report Segments:
The global Decorative Laminates market is segmented on the basis of:
Types
High-pressure Laminate, Low-pressure Laminate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cabinet, Furniture, Flooring, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Advanced Technology, Inc. (US)
- Arpa Industriale S.p.A. (Italy)
- Fletcher Building Limited (New Zealand)
- Omnova Solutions Incorporation (U.S.)
- Greenlam Industries Limited (India)
- Merino Industries Limited (India)
- Wilsonart LLC (U.S.)
- Abet Laminati S.p.A. (Italy)
- Archidply Industries Limited (India)
- FunderMax Gmbh (Europe)
- Panolam Industries International, Inc. (U.S.)
- Stylam Industries Limited (India)
- Witex Flooring Products GmbH (Germany)
- Uniboard Canada, Inc. (Canada)
- Laminex Group Pty Limited (Australia)
Highlights of The Decorative Laminates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High-pressure Laminate
- Low-pressure Laminate
- By Application:
- Cabinet
- Furniture
- Flooring
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Decorative Laminates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Decorative laminates are a type of laminate that is used to add a decorative touch to furniture, floors, and other objects. They are made from several layers of different types of materials, and can be decorated with paint or other materials.
Some of the major companies in the decorative laminates market are Advanced Technology, Inc. (US), Arpa Industriale S.p.A. (Italy), Fletcher Building Limited (New Zealand), Omnova Solutions Incorporation (U.S.), Greenlam Industries Limited (India), Merino Industries Limited (India), Wilsonart LLC (U.S.), Abet Laminati S.p.A. (Italy), Archidply Industries Limited (India), FunderMax Gmbh (Europe), Panolam Industries International, Inc. (U.S.), Stylam Industries Limited (India), Witex Flooring Products GmbH (Germany), Uniboard Canada, Inc. (Canada), Laminex Group Pty Limited (Australia).
The decorative laminates market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Decorative Laminates Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Decorative Laminates Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Decorative Laminates Market - Supply Chain
4.5. Global Decorative Laminates Market Forecast
4.5.1. Decorative Laminates Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Decorative Laminates Market Size (000 Units) and Y-o-Y Growth
4.5.3. Decorative Laminates Market Absolute $ Opportunity
5. Global Decorative Laminates Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Decorative Laminates Market Size and Volume Forecast by Type
5.3.1. High-pressure Laminate
5.3.2. Low-pressure Laminate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Decorative Laminates Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Decorative Laminates Market Size and Volume Forecast by Application
6.3.1. Cabinet
6.3.2. Furniture
6.3.3. Flooring
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Decorative Laminates Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Decorative Laminates Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Decorative Laminates Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Decorative Laminates Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Decorative Laminates Demand Share Forecast, 2019-2029
9. North America Decorative Laminates Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Decorative Laminates Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Decorative Laminates Market Size and Volume Forecast by Application
9.4.1. Cabinet
9.4.2. Furniture
9.4.3. Flooring
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Decorative Laminates Market Size and Volume Forecast by Type
9.7.1. High-pressure Laminate
9.7.2. Low-pressure Laminate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Decorative Laminates Demand Share Forecast, 2019-2029
10. Latin America Decorative Laminates Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Decorative Laminates Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Decorative Laminates Market Size and Volume Forecast by Application
10.4.1. Cabinet
10.4.2. Furniture
10.4.3. Flooring
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Decorative Laminates Market Size and Volume Forecast by Type
10.7.1. High-pressure Laminate
10.7.2. Low-pressure Laminate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Decorative Laminates Demand Share Forecast, 2019-2029
11. Europe Decorative Laminates Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Decorative Laminates Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Decorative Laminates Market Size and Volume Forecast by Application
11.4.1. Cabinet
11.4.2. Furniture
11.4.3. Flooring
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Decorative Laminates Market Size and Volume Forecast by Type
11.7.1. High-pressure Laminate
11.7.2. Low-pressure Laminate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Decorative Laminates Demand Share, 2019-2029
12. Asia Pacific Decorative Laminates Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Decorative Laminates Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Decorative Laminates Market Size and Volume Forecast by Application
12.4.1. Cabinet
12.4.2. Furniture
12.4.3. Flooring
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Decorative Laminates Market Size and Volume Forecast by Type
12.7.1. High-pressure Laminate
12.7.2. Low-pressure Laminate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Decorative Laminates Demand Share, 2019-2029
13. Middle East & Africa Decorative Laminates Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Decorative Laminates Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Decorative Laminates Market Size and Volume Forecast by Application
13.4.1. Cabinet
13.4.2. Furniture
13.4.3. Flooring
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Decorative Laminates Market Size and Volume Forecast by Type
13.7.1. High-pressure Laminate
13.7.2. Low-pressure Laminate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Decorative Laminates Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Decorative Laminates Market: Market Share Analysis
14.2. Decorative Laminates Distributors and Customers
14.3. Decorative Laminates Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Advanced Technology, Inc. (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arpa Industriale S.p.A. (Italy)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fletcher Building Limited (New Zealand)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Omnova Solutions Incorporation (U.S.)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Greenlam Industries Limited (India)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Merino Industries Limited (India)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wilsonart LLC (U.S.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Abet Laminati S.p.A. (Italy)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Archidply Industries Limited (India)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FunderMax Gmbh (Europe)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Panolam Industries International, Inc. (U.S.)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Stylam Industries Limited (India)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Witex Flooring Products GmbH (Germany)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Uniboard Canada, Inc. (Canada)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Laminex Group Pty Limited (Australia)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
