Market Overview:
The global laminate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the global laminate market can be attributed to the increasing demand for high pressure laminates and low pressure laminates from commercial and residential applications. Additionally, the growing demand for laminate from industrial applications is also contributing to the growth of this market. North America dominates the global laminate market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Laminate is a man-made material, usually plastic or wood, that is made by bonding together layers of different materials. It is often used to make furniture or flooring.
High Pressure Laminate:
High pressure laminate is a type of laminating film that is used in the manufacturing process of decorative laminates and high-pressure lamination. It has applications in furniture, packaging, automotive interiors & exteriors, advertising boards & signage and other industries. The HPL films are manufactured using special resins such as phenol-formaldehyde or polyester resin and have properties such as low weight to thickness ratio along with excellent moisture resistance.
Low Pressure Laminate:
Low pressure laminates are manufactured using a variety of materials such as wood, plastic, and paper. These materials are laminated by glues or adhesives which provide the strength to the material. The process is used in various end-use industries such as construction and furniture among others. In construction industry it is widely used for flooring applications owing to its properties such as durability, easy installation and cost effectiveness among others.
Application Insights:
The industry application includes commercially, residences and industry. The residences segment accounted for the largest share in 2015 and is projected to witness significant growth over the forecast period. This can be attributed to increasing construction of new residential buildings across various regions, including Asia Pacific and Middle East & Africa.
Residential applications include high-end hotels, apartments/dwellings, etc. These products are used in kitchen floors as they offer better performance regarding heat & moisture resistance along with cost-effectiveness among other laminates available in the market. Furthermore, rising demand for energy-efficient solutions will drive product demand further over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, especially in developing countries such as China and India. In addition, rising disposable income levels are anticipated to fuel demand for laminate flooring products over the next eight years.
The Asia Pacific regional market accounted for a share of more than 30% of total revenue in 2017 owing to high product penetration across several end-use industries including healthcare, commercial buildings, offices/schools/universities etc., coupled with rapid urbanization and growing population mainly due to immigration from other countries. This has resulted into increased spending on residential infrastructure which will further drive product demand during the forecast period.
Growth Factors:
- Increasing demand from the construction industry for flooring and other applications
- Rising disposable income of consumers in developing countries, which is resulting in an increase in demand for luxury flooring products
- Proliferation of online retail channels, which is making it easier for consumers to purchase laminate flooring products
- Growing popularity of home renovation and interior design projects among homeowners
- Technological advancements that are making laminate flooring products more durable and attractive
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminate Market Research Report
By Type
High Pressure Laminate, Low Pressure Laminate
By Application
Commercially, Residences, Industry
By Companies
Fletcher Building, Kingboard Laminates, Wilsonart, Toppan, ATI Laminates, Kronospan, Trespa International, Sumitomo, Panolam Industries, Sonae Indústria, OMNOVA Solutions, Abet Laminati, Arpa Industriale, Zhenghang, Hopewell, Guangzhou G&P, Roseburg, Anhui Xima, Dura Tuff, Violam, AOGAO, Crown
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Laminate Market Report Segments:
The global Laminate 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
Commercially, Residences, Industry
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:
- Fletcher Building
- Kingboard Laminates
- Wilsonart
- Toppan
- ATI Laminates
- Kronospan
- Trespa International
- Sumitomo
- Panolam Industries
- Sonae Indústria
- OMNOVA Solutions
- Abet Laminati
- Arpa Industriale
- Zhenghang
- Hopewell
- Guangzhou G&P
- Roseburg
- Anhui Xima
- Dura Tuff
- Violam
- AOGAO
- Crown
Highlights of The Laminate 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:
- Commercially
- Residences
- Industry
- 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 Laminate 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
- Business Expansion Strategies
- 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?
Laminate is a type of flooring that is made up of several thin sheets of wood or plastic that are glued together. This type of flooring is often used in areas where durability and easy maintenance are important, such as kitchens and bathrooms.
Some of the major companies in the laminate market are Fletcher Building, Kingboard Laminates, Wilsonart, Toppan, ATI Laminates, Kronospan, Trespa International, Sumitomo, Panolam Industries, Sonae IndƒÂºstria, OMNOVA Solutions, Abet Laminati, Arpa Industriale, Zhenghang, Hopewell, Guangzhou G&P, Roseburg, Anhui Xima, Dura Tuff, Violam, AOGAO, Crown.
The laminate market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Laminate 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. Laminate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laminate Market - Supply Chain
4.5. Global Laminate Market Forecast
4.5.1. Laminate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laminate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laminate Market Absolute $ Opportunity
5. Global Laminate 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. Laminate 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 Laminate 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. Laminate Market Size and Volume Forecast by Application
6.3.1. Commercially
6.3.2. Residences
6.3.3. Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laminate 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. Laminate 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 Laminate 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. Laminate 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 Laminate Demand Share Forecast, 2019-2026
9. North America Laminate 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 Laminate 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 Laminate Market Size and Volume Forecast by Application
9.4.1. Commercially
9.4.2. Residences
9.4.3. Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Laminate 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 Laminate Demand Share Forecast, 2019-2026
10. Latin America Laminate 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 Laminate 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 Laminate Market Size and Volume Forecast by Application
10.4.1. Commercially
10.4.2. Residences
10.4.3. Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Laminate 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 Laminate Demand Share Forecast, 2019-2026
11. Europe Laminate 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 Laminate 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 Laminate Market Size and Volume Forecast by Application
11.4.1. Commercially
11.4.2. Residences
11.4.3. Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Laminate 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 Laminate Demand Share, 2019-2026
12. Asia Pacific Laminate 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 Laminate 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 Laminate Market Size and Volume Forecast by Application
12.4.1. Commercially
12.4.2. Residences
12.4.3. Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Laminate 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 Laminate Demand Share, 2019-2026
13. Middle East & Africa Laminate 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 Laminate 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 Laminate Market Size and Volume Forecast by Application
13.4.1. Commercially
13.4.2. Residences
13.4.3. Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Laminate 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 Laminate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laminate Market: Market Share Analysis
14.2. Laminate Distributors and Customers
14.3. Laminate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fletcher Building
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kingboard Laminates
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wilsonart
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Toppan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ATI Laminates
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kronospan
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Trespa International
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumitomo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panolam Industries
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sonae Indústria
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. OMNOVA Solutions
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Abet Laminati
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Arpa Industriale
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhenghang
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hopewell
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Guangzhou G&P
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Roseburg
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Anhui Xima
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Dura Tuff
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Violam
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
