The global market for Decorative Laminates estimated at US$6.9 Billion in the year 2022, is projected to reach a revised size of US$8.6 Billion by 2030, growing at a CAGR of 2.8% over the analysis period 2022-2030.
Low Pressure Laminates, one of the segments analyzed in the report, is projected to record 2.6% CAGR and reach US$6.7 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the High Pressure Laminates segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 4.7% CAGR
The Decorative Laminates market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.7 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.5% and 2.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.
Select Competitors (Total 102 Featured) -
Abet Laminati S.p.A.
AICA Kogyo Co., Ltd.
Armstrong Flooring, Inc.
Arpa Industriale S.p.A.
ATI Decorative Laminates
Beaulieu International Group N.V.
Borg Group Holdings Pty Limited
Dekodur GmbH & Co. KG
Financiera Maderera S.A.
Fletcher Building Limited
FRITZ EGGER GmbH & Co. OG
GreenPly Industries Limited
Kingboard Laminates Holdings Limited
Mohawk Industries, Inc.
Panolam Industries International, Inc. (Panolam Surface Systems)
Pfleiderer Group Spolka Akcyjna
Swiss Krono Holding AG
Tarkett S. A.
Timber Products Company
Westag & Getalit AG
What's New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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