Market Overview:
The global laminate trimmer 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 trimming and small edge forming applications, especially in North America and Europe. In terms of type, the 1/4" segment is expected to hold a major share of the global market during the forecast period, followed by 1/2" and others segments. The trimming application segment is expected to hold a major share of the global market during the forecast period, followed by hinge routing and small edge forming applications.
Product Definition:
A laminate trimmer is a tool used to trim the excess laminate from around the edge of a countertop or other surface. It is important to use a laminate trimmer because it gives a clean, finished look to the edge of the countertop.
1/4":
1/4" is a type of laminate trimmer which is used to cut laminates, hardwood and softwood. It has an advantage over other types of trimmers in that it can be used on both sides; i.e., it's reversible. This allows the user to get twice the use from one cutting unit by switching blades as desired.
1/2":
1/2" is a type of laminate trimmer used in the lamination process. It has high accuracy and can trim up to 1/4" thick material with ease. The device consists of two metal blades that are hinged together by a thin piece of plastic or wood, which allows the blades to move up and down as per requirement for cutting the film.
Application Insights:
The trimming application segment dominated the global laminate trimmer market in 2017. This is attributed to its growing demand from end-use industries, such as furniture and construction. The small edge forming segment is expected to witness significant growth over the forecast period owing to its rising demand from end-use industries, such as electronics and packaging.
Hinge routing accounted for a considerable share of the total revenue in 2017 due to increasing product adoption across various applications in hinge racking systems of residential & commercial buildings. Other applications include large edge forming and small pattern cutting among others. Growing technological advancements coupled with improved design flexibility are anticipated fuel industry growth over the forecast period 2030 CE onward.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for household appliances and furniture. China, India, Japan, South Korea are some of the major countries that are likely to contribute towards regional growth.
North America accounted for a significant share in terms of revenue as well as volume in 2017 due to high product penetration and growing awareness about advanced products among consumers. Growing construction industry coupled with rising demand from end-users such as hotels and hospitals is projected to further drive regional product sales over the next eight years. U S A.
Europe also held a considerable share of global laminate trimmer market on account of increased production facilities by prominent players such as CEMCO Manufacturing Co Ltd.
Growth Factors:
- Increasing demand for laminate flooring from the construction and renovation industry
- Rising disposable income of consumers in developing countries
- Technological advancements in laminate trimming tools that offer better performance and efficiency
- Growing popularity of DIY projects among homeowners
- Proliferation of online retail platforms that offer a wide range of laminate trimming tools at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Laminate Trimmer Market Research Report
By Type
1/4", 1/2", Others
By Application
Trimming, Small Edge Forming, Hinge Routing, Others
By Companies
Dewalt, Ryobi, Porter Cable, Ridgid, Makita, Triton Tools, Festool, Milwaukee Electric Tool Corporation, Lamello, Koki Holdings Co.,Ltd., Metabo HPT, King Canada Inc., Ferm Power Tools, AEG Powertools
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Laminate Trimmer Market Report Segments:
The global Laminate Trimmer market is segmented on the basis of:
Types
1/4", 1/2", Others
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
Trimming, Small Edge Forming, Hinge Routing, 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:
- Dewalt
- Ryobi
- Porter Cable
- Ridgid
- Makita
- Triton Tools
- Festool
- Milwaukee Electric Tool Corporation
- Lamello
- Koki Holdings Co.,Ltd.
- Metabo HPT
- King Canada Inc.
- Ferm Power Tools
- AEG Powertools
Highlights of The Laminate Trimmer 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:
- 1/4"
- 1/2"
- Others
- By Application:
- Trimming
- Small Edge Forming
- Hinge Routing
- 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 Laminate Trimmer 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?
A laminate trimmer is a type of power tool that is used to trim laminate flooring. It has a blade that cuts through the laminates and can be adjusted to different angles.
Some of the key players operating in the laminate trimmer market are Dewalt, Ryobi, Porter Cable, Ridgid, Makita, Triton Tools, Festool, Milwaukee Electric Tool Corporation, Lamello, Koki Holdings Co.,Ltd., Metabo HPT, King Canada Inc., Ferm Power Tools, AEG Powertools.
The laminate trimmer 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. Laminate Trimmer 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 Trimmer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Laminate Trimmer Market - Supply Chain
4.5. Global Laminate Trimmer Market Forecast
4.5.1. Laminate Trimmer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Laminate Trimmer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Laminate Trimmer Market Absolute $ Opportunity
5. Global Laminate Trimmer 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 Trimmer Market Size and Volume Forecast by Type
5.3.1. 1/4"
5.3.2. 1/2"
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Laminate Trimmer 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 Trimmer Market Size and Volume Forecast by Application
6.3.1. Trimming
6.3.2. Small Edge Forming
6.3.3. Hinge Routing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Laminate Trimmer 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 Trimmer 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 Trimmer 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 Trimmer 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 Trimmer Demand Share Forecast, 2019-2026
9. North America Laminate Trimmer 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 Trimmer 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 Trimmer Market Size and Volume Forecast by Application
9.4.1. Trimming
9.4.2. Small Edge Forming
9.4.3. Hinge Routing
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 Laminate Trimmer Market Size and Volume Forecast by Type
9.7.1. 1/4"
9.7.2. 1/2"
9.7.3. Others
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 Trimmer Demand Share Forecast, 2019-2026
10. Latin America Laminate Trimmer 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 Trimmer 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 Trimmer Market Size and Volume Forecast by Application
10.4.1. Trimming
10.4.2. Small Edge Forming
10.4.3. Hinge Routing
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 Laminate Trimmer Market Size and Volume Forecast by Type
10.7.1. 1/4"
10.7.2. 1/2"
10.7.3. Others
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 Trimmer Demand Share Forecast, 2019-2026
11. Europe Laminate Trimmer 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 Trimmer 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 Trimmer Market Size and Volume Forecast by Application
11.4.1. Trimming
11.4.2. Small Edge Forming
11.4.3. Hinge Routing
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 Laminate Trimmer Market Size and Volume Forecast by Type
11.7.1. 1/4"
11.7.2. 1/2"
11.7.3. Others
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 Trimmer Demand Share, 2019-2026
12. Asia Pacific Laminate Trimmer 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 Trimmer 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 Trimmer Market Size and Volume Forecast by Application
12.4.1. Trimming
12.4.2. Small Edge Forming
12.4.3. Hinge Routing
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 Laminate Trimmer Market Size and Volume Forecast by Type
12.7.1. 1/4"
12.7.2. 1/2"
12.7.3. Others
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 Trimmer Demand Share, 2019-2026
13. Middle East & Africa Laminate Trimmer 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 Trimmer 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 Trimmer Market Size and Volume Forecast by Application
13.4.1. Trimming
13.4.2. Small Edge Forming
13.4.3. Hinge Routing
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 Laminate Trimmer Market Size and Volume Forecast by Type
13.7.1. 1/4"
13.7.2. 1/2"
13.7.3. Others
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 Trimmer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Laminate Trimmer Market: Market Share Analysis
14.2. Laminate Trimmer Distributors and Customers
14.3. Laminate Trimmer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Dewalt
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ryobi
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Porter Cable
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Ridgid
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Makita
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Triton Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Festool
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Milwaukee Electric Tool Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lamello
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Koki Holdings Co.,Ltd.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Metabo HPT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. King Canada Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ferm Power Tools
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AEG Powertools
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
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
