The global demand for Decorative Laminates Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Tons in 2021 and forecast to touch XX Tons by 2028 with a CAGR of XX% during 2022-2028.
Decorative laminates are hard and brittle sheets meant to enhance surface appearance. It is made from resins and high-quality paper, pressed with the right amount of heat and pressure using cutting-edge technology in a wide variety of colors, design patterns, and textures. Decorative laminates are broadly employed as furniture tops, kitchen tops, countertops, cabinets, and tabletops, among others. It is also used on walls, doors, and other interior structures.
Market Dynamics
Decorative laminates are gaining robust popularity due to their superior lucrative properties and multifariousness in designs. Decorative laminates have taken the home decor industry by storm. Availability of wide variety, easy customization, durability, easy installation, pocket-friendly cost, and easy maintenance are factors responsible for its wide adoption in residential and non–residential applications. Apart from offering aesthetic appeal, decorative laminates also provide properties such as antibacterial, anti-fungi, fire-resist, scratch-resistant, heat-resistant, moisture-resistant, impact-resistant, abrasion-resistant, and flame-retardant. This makes it more attractive for home decor. The rising renovation of old buildings, growing construction activities, and thriving home décor industry drive the market growth. However, raw materials price volatility is limiting the market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of decorative laminates. The growth and trends of Decorative Laminates Industry provide a holistic approach to this study.
Market Segmentation
This section of the decorative laminates market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Low Pressure Laminates
- High Pressure Laminates
- Other
By Application
- Furniture and Cabinets
- Flooring
- Wall Panel
- Other
By End User
- Residential
- Non -residential
- Transportation
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Decorative Laminates market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Decorative Laminates Market Share by Region (Representative Graph)
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The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the decorative laminates market include Fletcher Building, OMNOVA Solutions Inc., Greenlam Industries, Merinolaminates., Wilsonart LLC., Archidply, FunderMax, Stylam Industries Limited, Heritage Laminate Surfaces., Timber Products Company, Tarkett.. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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