IMARC Group, a leading market research company, has recently releases report titled “Decorative Laminates Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” The study provides a detailed analysis of the industry, including the global decorative laminates market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Decorative Laminates Market?
|Market Size in 2022||US$ 43.6 Billion|
|Market Forecast in 2028||US$ 56.1 Billion|
|Growth rate (2023 to 2028)||CAGR of 3.9%|
|Base Year of the Analysis||2022|
What are Decorative Laminates?
Decorative laminates are thin sheets of material used to cover and protect surfaces, such as walls, furniture, and floors. They are made by bonding layers of paper or fabric with resin and then compressing them under high pressure and temperature. Decorative laminates come in a wide range of designs, patterns, and colors, and can mimic the appearance of wood, stone, or other materials. They are popular in the interior design and construction industries for their durability, easy maintenance, and cost-effectiveness. Decorative laminates are commonly used in homes, offices, hotels, and other commercial spaces to add a decorative touch to surfaces and enhance their overall appearance.
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What Are the Growth Prospects and Trends in the Decorative Laminates Market?
The increasing demand for aesthetically appealing and durable interior surfaces in residential and commercial buildings represents a significant factor driving the market growth across the globe. In line with this, the rise in construction activities, especially in developing economies, is leading to an increase in the demand for decorative laminates for flooring, furniture, and wall panels, which, in turn, is contributing to the growth of the market. The market is also driven by the easy availability of decorative laminates in various designs, textures, and patterns, which can mimic the appearance of natural materials such as wood and stone. Other factors, such as the cost-effectiveness, ease of maintenance, and installation of decorative laminates as compared to traditional materials, along with the rising trend of customization and the introduction of eco-friendly and fire-resistant laminates, are creating a positive outlook for the market.
Who Are the Key Players Operating in the Decorative Laminates Industry?
The competitive landscape of the industry has also been examined with some of the key players.
- Abet Laminati S.p.A
- Century Laminates
- Fletcher Building
- FunderMax Gmbh
- Greenlam Industries Limited
- Merino Laminates Ltd.
- Omnova Solutions Inc.
- Panolam Industries International
- Stylam Pvt. Ltd.
- Wilsonart LLC.
What is Included in Market Segmentation?
The report has categorized the market based on product type, application, end-use, texture, pricing and sector.
Breakup by Product Type:
- High Pressure Laminates
- Low Pressure Laminates
Breakup by Application:
- Furniture and Cabinets
- Wall Panels
Breakup by End-Use:
Breakup by Texture
Breakup by Pricing
Breakup by Sector
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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