Global Decorative Laminates Market By Raw Material (Plastic Resin, Overlays, Adhesives, Wood Substrate), Type (General Purpose, Postforming, Special Products, Backer), Application (Cabinets, Furniture, Flooring, Wall Panels, Tabletops, Countertops), End- Users (Residential, Non- Residential, Transportation), Product Type (Low Pressure Laminates, Paper, Films and Foils, High Pressure Laminates, Edge Banding), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Decorative Laminates Market
Decorative laminates market is expected to grow at a rate of 5.61% in the forecast period 2020 to 2027. Improvement in the texture and printing technology is expected to enhance the demand for the decorative laminates in the forecast period of 2020 to 2027.
Decorative laminates are laminated items that are mainly used as surface materials for furniture or wall panels. They are mainly made of raw material such as overlays, adhesives, plastic resin, and wood substarte. These decorative laminates are widely used in application such as furniture, flooring wall, tabletops, and other.
Growth in the construction industry is expected to drive the market growth. Improvement in the standard of living of the people will also accelerate the market demand. This decorative laminate requires less maintenance and installation cost which is also expected to enhance the market. Increasing disposable income has encouraged people to spend money on home furniture’s and decors which will also enhance the market growth. Growing popularity of decorative interiors from gyms, sports clubs, convention centers and other which will also enhance the decorative laminates market in the forecast period of 2020 to 2027.
On the other hand, volatility in the cost of the raw materials and high cost of the pressure decorative laminates will hamper the growth of the decorative laminates in the forecast period of 2020 to 2027.
This decorative laminates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research decorative laminates market contact us for an Analyst Brief our team will help you take an informed market decision to achieve market growth.
Global Decorative Laminates Market Scope and Market Size
Decorative laminates market is segmented on the basis of raw material, type, application, end- users and product type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of raw material, the decorative laminates market is segmented into plastic resin, overlays, adhesives and wood substrate. Plastic resin is further divided into phenolic resin and melamine resin. Overlays segment of the decorative laminates market is segmented into saturating kraft paper, decorative paper, and vinyl film. Wood substrate segment is divided into particleboard, medium density board, and hardboard.
Decorative laminates market is segmented into general purpose, postforming, special products, and backer on the basis of type.
Application segment of the decorative laminates market is segmented into cabinets, furniture, flooring, wall panels, tabletops and countertops.
Decorative laminates market is also segmented on the basis of end users. The end- user segment is divided into residential, non- residential and transportation.
On the basis of product type, the decorative laminates market is segmented into low pressure laminates, paper, films and foils, high pressure laminates and edge banding.
Decorative Laminates Market Country Level Analysis
Decorative laminates market is analysed and market size, volume information is provided by raw material, type, application, end- users and product type as referenced above.
The countries covered in the decorative laminates market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific in the Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa as a part of Middle East and Africa, Brazil, Argentina and Rest of South America as part of South America.
North America region is expected to hold a dominant position amongst all of the regions worldwide, and Asia- Pacific is expected to be the rapidly growing region for the decorative laminates in the forecast period of 2020 to 2027. Growing residential sector and rising disposable income are the factors for the demand for the decorative laminates in the region.
The country section of the decorative laminates market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of domestic tariffs and trade routes are considered while provided forecast analysis of the country data.
Competitive Landscape and Decorative Laminates Market Share Analysis
Decorative laminates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to decorative laminates market.
The major players covered in the decorative laminates market report are Fletcher Building, OMNOVA Solutions Inc., Greenlam Industries, Merinolaminates., Wilsonart LLC., Archidply, FunderMax, Stylam Industries Limited, Heritage Laminate Surfaces., Timber Products Company, Tarkett, SEKISUI CHEMICAL CO., LTD., Cedar Decor Pvt Ltd., Formica, Kronoplus Limited, ATI Decorative Laminates, Royal Crown., Northern Laminates Private Limited (P). Ltd., Virgo Group, AICA Laminates India Pvt. Ltd, among other players domestic and global. Market Share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Decorative Laminates Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.