Decorative Laminates Global Market to Reach $8.6 Billion by 2030: Digital Revolution Gaining Momentum in Decorative Laminates Benefit Market Expansion

DUBLIN, June 7, 2023 /PRNewswire/ -- The "Decorative Laminates: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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.
• Arclin, Inc.
• 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
• FunderMax GmbH
• GreenPly Industries Limited
• Kingboard Laminates Holdings Limited
• Kronospan Limited
• Mohawk Industries, Inc.
• Panolam Industries International, Inc. (Panolam Surface Systems)
• Pfleiderer Group Spolka Akcyjna
• Rougier S.A.
• 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
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Decorative Laminates: One of the Most Durable, Ubiquitous, and Functional Man-Made Surface Materials
• Decorative Laminates: A Bold New Direction in Decorative Surfaces
• Growth Drivers in a Nutshell
• Recent Market Activity
• Recovery in Construction Activity Worldwide Boosts Market Prospects for Decorative Laminates
• Residential Replacements: The Primary Demand Driver
• Global Market Outlook
• Developing Asian Countries Dominate Market Demand and Offer Significant Growth Opportunities
• Upward Movement in Construction Activity to Drive Strong Market Gains
• Decorative Laminates - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Robust Demand for High Pressure Laminates, the Stronger Variety of Laminates, Drive Steady Market Growth
• High Pressure Laminates: The Raw Deal
• Superior Attributes of Laminate in Home Decor, Cabinetry and Countertops over Other Alternatives Drive Widespread Market Adoption
• Popular Granite-Look Laminates for Countertops
• Digital Revolution Gaining Momentum in Decorative Laminates Benefit Market Expansion
• Pattern Repeats No Longer an Issue
• High Impregnability of Papers and Colors Critical to Digital Printing
• Novel Techniques for Texture Reproduction
• Laminates Gain from Surging Consumer Interest in Hard Surface Flooring
• Laminate Flooring: The Fast Emerging Substitute to Wood Flooring
• Advanced Printing Techniques Transform Look and Application of Laminate Flooring
• Laminate Floorings & Noise Resonance: A Weighty Acoustical Issue?
• Thermally Fused Melamine (TFM) and Vinyls: The LPLs Saving Grace
• Natural & Eco-Friendly Themes: Style Icons
• The DIY Culture: Catching On
• Glueless Laminate: Cheering the DIY Culture
• Favorable Demographic & Economic Trends Strengthen Market Prospects
• Exponential Increase in Urbanization
• Population Growth
• Burgeoning Middle Class Population

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/1jshef

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets