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Global Decorative Laminates Market to reach USD XX billion by the end of 2029.

Global Decorative Laminates Market Size study & Forecast, by Type (Low-pressure Laminates, High-pressure Laminates, and Edge Banding), Application (Furniture and Cabinets, Flooring, Wall Panel, and Other Applications), End User (Residential and Non-residential), and Regional Analysis, 2022-2029

Product Code: CMPCA-72418345
Publish Date: 10-04-2023
Page: 200

The global Decorative Laminates Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Decorative Laminates are majorly used for wall paneling and flooring for decoration. This material is used for commercial and residential purposes. It is manufactured by drenching multiple layers of kraft papers with phenolic resin and fused using heat and pressure. These are majorly used in Furniture and Cabinets, Flooring, Wall Panel, and Other Applications across residential and non-residential sectors. The Decorative Laminates market is expanding because of factors such as rising urbanization and growing residential construction.

According to Our World in Data in 2019, more than 4 billion people are living in Urban areas globally. By 2050, it is estimated that more than two third of the global population will live in Urban areas i.e around 7 billion. Whereas rising public awareness towards low low-cost laminates and favorable market initiatives creates lucrative opportunities for the market. However, the threat of alternatives hampers the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Decorative Laminates Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing disposable income, changing lifestyle, and shifting preference towards decorative laminates. Whereas the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as increasing demand from the construction sector, rising penetration of market players and growth activities in the forecast period.

Major market players included in this report are:
Wilsonart International Inc.
Greenlam Industries Ltd
Stylam Industries Ltd
Omnova Solutions Inc.
Fletcher Building Limited
Fundermax GmbH
Archidply Industries Ltd
Abet Laminati SPA
Merino Group
Panolam Industries International Inc.

Recent Developments in the Market:
 In December 2021, Greenlam Industries Ltd, an Indian-based laminate manufacturer announced plans to establish a manufacturing facility in Naidupeta, Andhra Pradesh. This plant majorly produces plywood and laminates.
Global Decorative Laminates Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, End-user, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Low-pressure Laminates,
High-pressure Laminates,
Edge Banding

By Application:
Furniture and Cabinets,
Wall Panel,
Other Applications

By End-user:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Decorative Laminates Market, by Region, 2019-2029 (USD Billion)
1.2.2. Decorative Laminates Market, by Type, 2019-2029 (USD Billion)
1.2.3. Decorative Laminates Market, by Application, 2019-2029 (USD Billion)
1.2.4. Decorative Laminates Market, by End User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Decorative Laminates Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Decorative Laminates Market Dynamics
3.1. Decorative Laminates Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising urbanization Growing residential construction
3.1.2. Market Challenges Threat of alternatives
3.1.3. Market Opportunities Rising public awareness towards low-cost decorative laminates Favourable market initiatives
Chapter 4. Global Decorative Laminates Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Decorative Laminates Market, by Type
6.1. Market Snapshot
6.2. Global Decorative Laminates Market by Type, Performance – Potential Analysis
6.3. Global Decorative Laminates Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Decorative Laminates Market, Sub-Segment Analysis
6.4.1. Low Pressure Laminates
6.4.2. High Pressure laminates
6.4.3. Edge Banding
Chapter 7. Global Decorative Laminates Market, by Application
7.1. Market Snapshot
7.2. Global Decorative Laminates Market by Application, Performance – Potential Analysis
7.3. Global Decorative Laminates Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Decorative Laminates Market, Sub Segment Analysis
7.4.1. Furniture & Cabinets
7.4.2. Flooring
7.4.3. Wall Panel
7.4.4. Other Applications
Chapter 8. Global Decorative Laminates Market, by End User
8.1. Market Snapshot
8.2. Global Decorative Laminates Market by End User, Performance – Potential Analysis
8.3. Global Decorative Laminates Market Estimates & Forecasts by End User 2019-2029 (USD Billion)
8.4. Decorative Laminates Market, Sub-Segment Analysis
8.4.1. Residential
8.4.2. Non-Residential
Chapter 9. Global Decorative Laminates Market, Regional Analysis
9.1. Decorative Laminates Market, Regional Market Snapshot
9.2. North America Decorative Laminates Market
9.2.1. U.S. Decorative Laminates Market Type breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029 End User breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Decorative Laminates Market
9.3. Europe Decorative Laminates Market Snapshot
9.3.1. U.K. Decorative Laminates Market
9.3.2. Germany Decorative Laminates Market
9.3.3. France Decorative Laminates Market
9.3.4. Spain Decorative Laminates Market
9.3.5. Italy Decorative Laminates Market
9.3.6. Rest of Europe Decorative Laminates Market
9.4. Asia-Pacific Decorative Laminates Market Snapshot
9.4.1. China Decorative Laminates Market
9.4.2. India Decorative Laminates Market
9.4.3. Japan Decorative Laminates Market
9.4.4. Australia Decorative Laminates Market
9.4.5. South Korea Decorative Laminates Market
9.4.6. Rest of Asia Pacific Decorative Laminates Market
9.5. Latin America Decorative Laminates Market Snapshot
9.5.1. Brazil Decorative Laminates Market
9.5.2. Mexico Decorative Laminates Market
9.6. Rest of The World Decorative Laminates Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Wilsonart International Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Greenlam Industries Ltd
10.2.3. Stylam Industries Ltd
10.2.4. Omnova Solutions Inc.
10.2.5. Fletcher Building Limited
10.2.6. Fundermax GmbH
10.2.7. Archidply Industries Ltd
10.2.8. Abet Laminati SPA
10.2.9. Merino Group
10.2.10. Panolam Industries International Inc.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
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