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Decorative Laminates Market By Product Type, By Application, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 213 Pages
  • June 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670839
The global decorative laminates market was valued at $7,049.4 million in 2021, and is projected to reach $ 9,959.9 million by 2031, registering a CAGR of 3.4% from 2021 to 2031. Decorative laminates are finishing products used for enhancing the surface finish of various carpentry products such as doors, walls, floorings, and furniture & cabinets.

Decorative laminates come in varied sizes, patterns, appearance, and thickness, thereby making them applicable across various end-use industries. The increased spending on furniture and cabinets is anticipated to drive the demand for decorative laminates.

Furthermore, rise in number of residential and non-residential buildings across the world has significantly increased the demand for decorative laminates from residential as well as commercial users. In addition, the development of the tourism sector is fueling the demand of luxurious buildings, thereby driving the demand for decorative laminates. However, high price and high application cost are major restraints of the market. Conversely, rise in trend of home renovation is anticipated to provide lucrative opportunities for the decorative laminates market growth.

The global decorative laminates market is segmented into product type, application, end-user industry, and region. On the basis of product type, the market is categorized into high-pressure laminates and low-pressure laminates. By application, it is bifurcated into walls flooring, and furniture& cabinets. Depending on end-user industry, it is fragmented into commercial and residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players that operate in the global market have adopted key strategies such as product launch, business expansion, and acquisition to strengthen their market outreach and sustain the stiff competition in the market

COMPETITION ANALYSIS

The key companies profiled in the decorative laminates market report include Abet Laminati S.p.A, Archidply, Broadview Holding, Fletcher Building, Greenlam Industries Limited, Merino Industries Limited, Panolam Industries International, Inc., Stylam Industries Ltd., Synthomer Plc., and Wilsonart LLC.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides decorative laminates market analysis of segments, current trends and estimations from 2021 to 2031 to identify the prevailing decorative laminates market opportunity.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the decorative laminates market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global decorative laminates market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

  • High Pressure Laminates
  • Low Pressure Laminates

By Application

  • Walls
  • Flooring
  • Furniture and Cabinets

By End Use

  • Residential
  • Commercial

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Abet Laminati S.p.A
  • Archidply
  • Broadview Holding
  • Fletcher Building
  • Greenlam Industries Limited
  • Illinois Tool Works
  • Merino Laminates Ltd.
  • Panolam Industries International
  • Stylam Industries Ltd.
  • Synthomer plc
Frequently Asked Questions about the Global Decorative Laminates Market

What is the estimated value of the Global Decorative Laminates Market?

The Global Decorative Laminates Market was estimated to be valued at $7049.4 million in 2021.

What is the growth rate of the Global Decorative Laminates Market?

The growth rate of the Global Decorative Laminates Market is 3.5%, with an estimated value of $9959.9 million by 2031.

What is the forecasted size of the Global Decorative Laminates Market?

The Global Decorative Laminates Market is estimated to be worth $9959.9 million by 2031.

Who are the key companies in the Global Decorative Laminates Market?

Key companies in the Global Decorative Laminates Market include Abet Laminati S.P.A, Archidply, Broadview Holding, Fletcher Building, Greenlam Industries Limited, Illinois Tool Works, Merino Laminates Ltd., Panolam Industries International, Stylam Industries Ltd. and Synthomer plc.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: DECORATIVE LAMINATES MARKET, BY PRODUCT TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 High Pressure Laminates
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Low Pressure Laminates
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: DECORATIVE LAMINATES MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Walls
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Flooring
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Furniture and Cabinets
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: DECORATIVE LAMINATES MARKET, BY END USE
6.1 Overview
6.1.1 Market size and forecast
6.2 Residential
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Commercial
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: DECORATIVE LAMINATES MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Product Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by End Use
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Product Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by End Use
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Product Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by End Use
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Product Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by End Use
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Product Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by End Use
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Product Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by End Use
7.3.5.2 France
7.3.5.2.1 Market size and forecast, by Product Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by End Use
7.3.5.3 U.K.
7.3.5.3.1 Market size and forecast, by Product Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by End Use
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Product Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by End Use
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Product Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by End Use
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Product Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by End Use
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Product Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by End Use
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Product Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by End Use
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Product Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by End Use
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Product Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by End Use
7.4.5.5 Rest Of Asia Pacific
7.4.5.5.1 Market size and forecast, by Product Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by End Use
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Product Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by End Use
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Product Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by End Use
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Product Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by End Use
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Product Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by End Use
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Abet Laminati S.p.A
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Archidply
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Broadview Holding
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Fletcher Building
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Greenlam Industries Limited
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 Illinois Tool Works
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Merino Laminates Ltd.
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Panolam Industries International
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Stylam Industries Ltd.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Synthomer plc
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
List of Tables
Table 1. Global Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 2. Decorative Laminates Market Revenue, for High Pressure Laminates, by Region , 2021-2031,($Million)
Table 3. Decorative Laminates Market for High Pressure Laminates by Country, 2021-2031,($Million)
Table 4. Decorative Laminates Market Revenue, for Low Pressure Laminates, by Region , 2021-2031,($Million)
Table 5. Decorative Laminates Market for Low Pressure Laminates by Country, 2021-2031,($Million)
Table 6. Global Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 7. Decorative Laminates Market Revenue, for Walls, by Region , 2021-2031,($Million)
Table 8. Decorative Laminates Market for Walls by Country, 2021-2031,($Million)
Table 9. Decorative Laminates Market Revenue, for Flooring, by Region , 2021-2031,($Million)
Table 10. Decorative Laminates Market for Flooring by Country, 2021-2031,($Million)
Table 11. Decorative Laminates Market Revenue, for Furniture and Cabinets, by Region , 2021-2031,($Million)
Table 12. Decorative Laminates Market for Furniture and Cabinets by Country, 2021-2031,($Million)
Table 13. Global Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 14. Decorative Laminates Market Revenue, for Residential, by Region , 2021-2031,($Million)
Table 15. Decorative Laminates Market for Residential by Country, 2021-2031,($Million)
Table 16. Decorative Laminates Market Revenue, for Commercial, by Region , 2021-2031,($Million)
Table 17. Decorative Laminates Market for Commercial by Country, 2021-2031,($Million)
Table 18. Decorative Laminates Market, by Region, 2021-2031,($Million)
Table 19. North America Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 20. North America Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 21. North America Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 22. North America Decorative Laminates Market, by Country, 2021-2031,($Million)
Table 23. U.S. Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 24. U.S. Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 25. U.S. Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 26. Canada Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 27. Canada Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 28. Canada Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 29. Mexico Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 30. Mexico Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 31. Mexico Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 32. Europe Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 33. Europe Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 34. Europe Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 35. Europe Decorative Laminates Market, by Country, 2021-2031,($Million)
Table 36. Germany Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 37. Germany Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 38. Germany Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 39. France Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 40. France Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 41. France Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 42. U.K. Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 43. U.K. Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 44. U.K. Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 45. Italy Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 46. Italy Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 47. Italy Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 48. Rest of Europe Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 49. Rest of Europe Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 50. Rest of Europe Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 51. Asia-Pacific Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 52. Asia-Pacific Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 53. Asia-Pacific Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 54. Asia-Pacific Decorative Laminates Market, by Country, 2021-2031,($Million)
Table 55. China Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 56. China Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 57. China Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 58. Japan Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 59. Japan Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 60. Japan Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 61. India Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 62. India Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 63. India Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 64. South Korea Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 65. South Korea Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 66. South Korea Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 67. Rest of Asia-Pacific Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 68. Rest of Asia-Pacific Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 69. Rest of Asia-Pacific Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 70. LAMEA Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 71. LAMEA Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 72. LAMEA Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 73. LAMEA Decorative Laminates Market, by Country, 2021-2031,($Million)
Table 74. Latin America Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 75. Latin America Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 76. Latin America Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 77. Middle East Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 78. Middle East Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 79. Middle East Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 80. Africa Decorative Laminates Market, by Product Type, 2021-2031,($Million)
Table 81. Africa Decorative Laminates Market, by Application, 2021-2031,($Million)
Table 82. Africa Decorative Laminates Market, by End Use, 2021-2031,($Million)
Table 83. Abet Laminati S.P.A: Company Snapshot
Table 84. Abet Laminati S.P.A: Operating Segments
Table 85. Abet Laminati S.P.A: Product Portfolio
Table 86. Abet Laminati S.P.A: Net Sales
Table 87. Abet Laminati S.P.A: Key Stratergies
Table 88. Archidply: Company Snapshot
Table 89. Archidply: Operating Segments
Table 90. Archidply: Product Portfolio
Table 91. Archidply: Net Sales
Table 92. Archidply: Key Stratergies
Table 93. Broadview Holding: Company Snapshot
Table 94. Broadview Holding: Operating Segments
Table 95. Broadview Holding: Product Portfolio
Table 96. Broadview Holding: Net Sales
Table 97. Broadview Holding: Key Stratergies
Table 98. Fletcher Building: Company Snapshot
Table 99. Fletcher Building: Operating Segments
Table 100. Fletcher Building: Product Portfolio
Table 101. Fletcher Building: Net Sales
Table 102. Fletcher Building: Key Stratergies
Table 103. Greenlam Industries Limited: Company Snapshot
Table 104. Greenlam Industries Limited: Operating Segments
Table 105. Greenlam Industries Limited: Product Portfolio
Table 106. Greenlam Industries Limited: Net Sales
Table 107. Greenlam Industries Limited: Key Stratergies
Table 108. Illinois Tool Works: Company Snapshot
Table 109. Illinois Tool Works: Operating Segments
Table 110. Illinois Tool Works: Product Portfolio
Table 111. Illinois Tool Works: Net Sales
Table 112. Illinois Tool Works: Key Stratergies
Table 113. Merino Laminates Ltd.: Company Snapshot
Table 114. Merino Laminates Ltd.: Operating Segments
Table 115. Merino Laminates Ltd.: Product Portfolio
Table 116. Merino Laminates Ltd.: Net Sales
Table 117. Merino Laminates Ltd.: Key Stratergies
Table 118. Panolam Industries International: Company Snapshot
Table 119. Panolam Industries International: Operating Segments
Table 120. Panolam Industries International: Product Portfolio
Table 121. Panolam Industries International: Net Sales
Table 122. Panolam Industries International: Key Stratergies
Table 123. Stylam Industries Ltd.: Company Snapshot
Table 124. Stylam Industries Ltd.: Operating Segments
Table 125. Stylam Industries Ltd.: Product Portfolio
Table 126. Stylam Industries Ltd.: Net Sales
Table 127. Stylam Industries Ltd.: Key Stratergies
Table 128. Synthomer plc: Company Snapshot
Table 129. Synthomer plc: Operating Segments
Table 130. Synthomer plc: Product Portfolio
Table 131. Synthomer plc: Net Sales
Table 132. Synthomer plc: Key Stratergies
List of Figures
Figure 1. Decorative Laminates Market Segmentation
Figure 2. Decorative Laminates Market,2021-2031
Figure 3. Decorative Laminates Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Decorative Laminates Market:Drivers, Restraints and Opportunities
Figure 12. Decorative Laminates Market,By Product Type,2021(%)
Figure 13. Comparative Share Analysis of High Pressure Laminates Decorative Laminates Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Low Pressure Laminates Decorative Laminates Market,2021-2031(%)
Figure 15. Decorative Laminates Market,By Application,2021(%)
Figure 16. Comparative Share Analysis of Walls Decorative Laminates Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Flooring Decorative Laminates Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Furniture and Cabinets Decorative Laminates Market,2021-2031(%)
Figure 19. Decorative Laminates Market,By End Use,2021(%)
Figure 20. Comparative Share Analysis of Residential Decorative Laminates Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Commercial Decorative Laminates Market,2021-2031(%)
Figure 22. Decorative Laminates Market by Region,2021
Figure 23. U.S. Decorative Laminates Market,2021-2031($Million)
Figure 24. Canada Decorative Laminates Market,2021-2031($Million)
Figure 25. Mexico Decorative Laminates Market,2021-2031($Million)
Figure 26. Germany Decorative Laminates Market,2021-2031($Million)
Figure 27. France Decorative Laminates Market,2021-2031($Million)
Figure 28. U.K. Decorative Laminates Market,2021-2031($Million)
Figure 29. Italy Decorative Laminates Market,2021-2031($Million)
Figure 30. Rest of Europe Decorative Laminates Market,2021-2031($Million)
Figure 31. China Decorative Laminates Market,2021-2031($Million)
Figure 32. Japan Decorative Laminates Market,2021-2031($Million)
Figure 33. India Decorative Laminates Market,2021-2031($Million)
Figure 34. South Korea Decorative Laminates Market,2021-2031($Million)
Figure 35. Rest of Asia-Pacific Decorative Laminates Market,2021-2031($Million)
Figure 36. Latin America Decorative Laminates Market,2021-2031($Million)
Figure 37. Middle East Decorative Laminates Market,2021-2031($Million)
Figure 38. Africa Decorative Laminates Market,2021-2031($Million)
Figure 39. Top Winning Strategies, by Year
Figure 40. Top Winning Strategies, by Development
Figure 41. Top Winning Strategies, by Company
Figure 42. Product Mapping of Top 10 Players
Figure 43. Competitive Dashboard
Figure 44. Competitive Heatmap of Top 10 Key Players
Figure 45. Abet Laminati S.P.A.: Net Sales ,($Million)
Figure 46. Archidply.: Net Sales ,($Million)
Figure 47. Broadview Holding.: Net Sales ,($Million)
Figure 48. Fletcher Building.: Net Sales ,($Million)
Figure 49. Greenlam Industries Limited.: Net Sales ,($Million)
Figure 50. Illinois Tool Works.: Net Sales ,($Million)
Figure 51. Merino Laminates Ltd..: Net Sales ,($Million)
Figure 52. Panolam Industries International.: Net Sales ,($Million)
Figure 53. Stylam Industries Ltd..: Net Sales ,($Million)
Figure 54. Synthomer PLC.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Decorative Laminates Market," the decorative laminates market size was valued at $7.0 billion in 2021, and is estimated to reach $10.0 billion by 2031, growing at a CAGR of 3.4% from 2022 to 2031.

The demand for furniture has increased in the past decade, owing to rise in number of homes. In addition, rise in work-from-home culture is contributing in its rising demand. Furthermore, as a result of rapid urbanization, the number of residential and nonresidential buildings is increasing in the urban areas. Moreover, decorative laminates are used as an overlay for the external and internal walls. In addition, high-pressure laminates are suitable for flooring purpose. For the furniture & cabinets, decorative laminate is used for providing it an attractive surface finish. Thus, rise in the number of buildings and surge in demand of furniture & cabinets positively influence the decorative laminates market growth.

The growth of the global decorative laminates market is mainly driven by rise in building construction activities and increase in spending on home renovation projects by home owners and building developers. However, high procurement and application cost of decorative laminates has the potential to limit growth of the market.

Commonly observed product types of decorative laminates are high-pressure laminates and low-pressure laminates. Among these, the high-pressure laminates segment accounted for the highest market share in 2021, and the same is expected to witness significant growth during the forecast period, owing to increase in demand from commercial sector. The market is analyzed with respect to different applications depending on wall, flooring, and furniture & cabinets. On the basis of end user, the market is categorized into residential and commercial.

In 2021, Asia-Pacific dominated the global decorative laminates market, in terms of revenue, followed by Europe and Asia-Pacific. Moreover, the market in Asia-Pacific has grown with high CAGR of 3.7%, owing to growth in development of single-family homes.

Furthermore, decorative laminates manufacturers are adopting various development strategies. For instance, in September 2020 Abet Laminati S.p.A. opened a showroom in Cuneo, Italy, it is named as Abet World.

However, during the pandemic lockdown, various manufacturers in the decorative laminates market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of decorative laminates manufacturing companies. In addition, lack of manpower and raw materials constricted supply of raw materials for decorative laminates, and has negatively influenced the growth of the market. However, after two years of COVID-19 outbreak and introduction of vaccinations, the severity of the pandemic has significantly reduced and key players in the market are recovering rapidly.

Key Findings of the Study

  • The report provides an extensive analysis of the current and emerging decorative laminates market trends and dynamics.
  • Depending on product type, the high-pressure laminates dominated the decorative laminates market share, in terms of revenue in 2021 and the same is projected to grow at a significant CAGR during the forecast period.
  • By application, furniture segment registered highest revenue in 2021.
  • On the basis of end-user industry, the residential segment garnered the highest revenue in 2021.
  • LAMEA is projected to register highest growth rate in the coming years.
  • The key players within the decorative laminates market forecast report are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the decorative laminates industry.
  • The report provides an extensive analysis of the current trends and emerging opportunities of the market.
  • In-depth decorative laminates market analysis is conducted by constructing estimations for the key segments between 2021 and 2031.

Companies Mentioned

  • Abet Laminati S.P.A
  • Archidply
  • Broadview Holding
  • Fletcher Building
  • Greenlam Industries Limited
  • Illinois Tool Works
  • Merino Laminates Ltd.
  • Panolam Industries International
  • Stylam Industries Ltd.
  • Synthomer plc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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