Market Overview:
The global thermally fused laminate (TFL) panels 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 TFL panels from furniture, interior decoration, and store fixtures applications. In terms of type, woodgrain is expected to be the fastest-growing segment during the forecast period. This can be attributed to its natural appearance and durability. Marble is also expected to witness high growth during the forecast period owing to its luxurious look and feel.
 Panels Industry Outlook.svg)
Product Definition:
Thermally fused laminate (TFL) panels are a type of manufactured wood product that is used for furniture, cabinetry, and other interior applications. TFL panels are made by bonding thin layers of wood veneer together with heat and pressure. This process creates a panel that is durable, moisture-resistant, and has a high resistance to wear and tear. TFL panels are often used in commercial settings because of their durability and aesthetic appeal.
Woodgrain:
Woodgrain is a decorative element used in the manufacturing of furniture and interior design products. It is also present in some high-end audio/video equipment, automobiles, and electronic devices such as CD players, turntables or amplifiers. Woodgrain patterns are created using different types of veneers that are applied to the surface of a wood block or log.
Marble:
Marble is a sedimentary rock composed of carbonate and quartz. The primary source of marble is the metamorphic crystallization (transformation) of limestone or dolostone. Dolostone contains the mineral appenine, which has the ability to transform into marble at high temperatures. There are different types/grades of marble such as white, brown, red, pink and grey which can be used in TFL panels depending on their size and quality.
Application Insights:
The furniture application segment led the global thermally fused laminate (TFL) panels market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for innovative design and functionality in residential as well as commercial applications. TFL panels are used for manufacturing chairs, sofas, tables, shelves and other furniture items that require strength, durability and thermal insulation properties.
Interior decoration was the second-largest application segment in 2017 owing to increasing use of decorative products such as carpets tiles & floorings on a global level since past few decades.
Regional Analysis:
Europe was the largest market for technologically advanced and high performance panels accounting for a share of over 35% in 2017. The region is expected to dominate the global industry on account of increasing product demand from key application sectors including furniture, interior decoration, store fixtures and others.
The growth in Europe is majorly driven by Germany which accounted for a share of more than 20% in 2017 owing to increased product penetration across various applications. Moreover, wood grain infused TFL panels are highly preferred due to their aesthetic appeal as well as superior characteristics such as low moisture absorption & decay resistance compared to other panel types. This has resulted into higher sales volume across this region over the past few years.
Asia Pacific is anticipated to be one of the fastest growing regions with an estimated CAGR exceeding 6% during the forecast period owing both ends - high growth potential markets such China.
Growth Factors:
- Increasing demand from the construction industry for TFL panels as a substitute to traditional materials such as wood, metal, and plastic is expected to drive the market growth.
- Rising demand for TFL panels in furniture manufacturing owing to their features such as durability, scratch resistance, and heat resistance is anticipated to propel the market growth.
- Growing use of TFL panels in transportation sector for interior and exterior applications is projected to fuel the market growth over the forecast period.
- Increasing penetration of TFL panels in Asia Pacific region due to rising disposable income and growing construction industry is estimated to create lucrative opportunities for market players during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermally Fused Laminate (TFL) Panels Market Research Report
By Type
Woodgrain, Marble, Solid Color, Other
By Application
Furniture, Interior Decoration, Store Fixtures, Others
By Companies
Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industria, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, Wilsonart, Dongwha Malaysia, Funder America, Specialty Laminates, Purbanchal Laminates
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 Thermally Fused Laminate (TFL) Panels Market Report Segments:
The global Thermally Fused Laminate (TFL) Panels market is segmented on the basis of:
Types
Woodgrain, Marble, Solid Color, Other
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
Furniture, Interior Decoration, Store Fixtures, 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:
- Kronospan M&P Kaindl
- TEEHOME
- Swiss Krono Group
- Roseburg
- Arauco
- Sonae Industria
- DareGlobal Wood
- Egger
- Panel Processing
- Fuxiang
- Shengguo Tree
- MJB Wood Group
- AICA Kogyo
- Panolam Industries International
- Uniboard
- Wilsonart
- Dongwha Malaysia
- Funder America
- Specialty Laminates
- Purbanchal Laminates
 Panels Market Overview.svg)
Highlights of The Thermally Fused Laminate (TFL) Panels 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:
- Woodgrain
- Marble
- Solid Color
- Other
- By Application:
- Furniture
- Interior Decoration
- Store Fixtures
- 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 Thermally Fused Laminate (TFL) Panels 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
 Panels Market Statistics.svg)
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?
Thermally Fused Laminate (TFL) panels are a type of laminate that is made up of several sheets of thermoplastic film that have been fused together at high temperatures. This process creates a strong and durable panel that can resist scratches, dents, and other damage. TFL panels are often used in applications where durability is important, such as in furniture or automotive applications.
Some of the major players in the thermally fused laminate (tfl) panels market are Kronospan M&P Kaindl, TEEHOME, Swiss Krono Group, Roseburg, Arauco, Sonae Industria, DareGlobal Wood, Egger, Panel Processing, Fuxiang, Shengguo Tree, MJB Wood Group, AICA Kogyo, Panolam Industries International, Uniboard, Wilsonart, Dongwha Malaysia, Funder America, Specialty Laminates, Purbanchal Laminates.
The thermally fused laminate (tfl) panels market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermally Fused Laminate (TFL) Panels 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. Thermally Fused Laminate (TFL) Panels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermally Fused Laminate (TFL) Panels Market - Supply Chain
4.5. Global Thermally Fused Laminate (TFL) Panels Market Forecast
4.5.1. Thermally Fused Laminate (TFL) Panels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermally Fused Laminate (TFL) Panels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermally Fused Laminate (TFL) Panels Market Absolute $ Opportunity
5. Global Thermally Fused Laminate (TFL) Panels 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. Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
5.3.1. Woodgrain
5.3.2. Marble
5.3.3. Solid Color
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermally Fused Laminate (TFL) Panels 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. Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
6.3.1. Furniture
6.3.2. Interior Decoration
6.3.3. Store Fixtures
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermally Fused Laminate (TFL) Panels 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. Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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. Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Demand Share Forecast, 2019-2026
9. North America Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
9.4.1. Furniture
9.4.2. Interior Decoration
9.4.3. Store Fixtures
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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
9.7.1. Woodgrain
9.7.2. Marble
9.7.3. Solid Color
9.7.4. Other
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 Thermally Fused Laminate (TFL) Panels Demand Share Forecast, 2019-2026
10. Latin America Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
10.4.1. Furniture
10.4.2. Interior Decoration
10.4.3. Store Fixtures
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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
10.7.1. Woodgrain
10.7.2. Marble
10.7.3. Solid Color
10.7.4. Other
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 Thermally Fused Laminate (TFL) Panels Demand Share Forecast, 2019-2026
11. Europe Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
11.4.1. Furniture
11.4.2. Interior Decoration
11.4.3. Store Fixtures
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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
11.7.1. Woodgrain
11.7.2. Marble
11.7.3. Solid Color
11.7.4. Other
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 Thermally Fused Laminate (TFL) Panels Demand Share, 2019-2026
12. Asia Pacific Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
12.4.1. Furniture
12.4.2. Interior Decoration
12.4.3. Store Fixtures
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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
12.7.1. Woodgrain
12.7.2. Marble
12.7.3. Solid Color
12.7.4. Other
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 Thermally Fused Laminate (TFL) Panels Demand Share, 2019-2026
13. Middle East & Africa Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels 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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Application
13.4.1. Furniture
13.4.2. Interior Decoration
13.4.3. Store Fixtures
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 Thermally Fused Laminate (TFL) Panels Market Size and Volume Forecast by Type
13.7.1. Woodgrain
13.7.2. Marble
13.7.3. Solid Color
13.7.4. Other
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 Thermally Fused Laminate (TFL) Panels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermally Fused Laminate (TFL) Panels Market: Market Share Analysis
14.2. Thermally Fused Laminate (TFL) Panels Distributors and Customers
14.3. Thermally Fused Laminate (TFL) Panels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kronospan M&P Kaindl
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TEEHOME
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Swiss Krono Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Roseburg
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Arauco
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sonae Industria
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. DareGlobal Wood
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Egger
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Panel Processing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuxiang
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Shengguo Tree
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MJB Wood Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AICA Kogyo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Panolam Industries International
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Uniboard
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wilsonart
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Dongwha Malaysia
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Funder America
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Specialty Laminates
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Purbanchal Laminates
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
