Global Decorative Laminates Market Outlook 2018-2023

Global Decorative Laminates Market is projected to witness significant growth in the upcoming period owing to the increase in demand from the emerging nations for infrastructural activities and projects. Decorative laminates are the specifically designed laminated sheets of different craft papers and printed papers bonded together with heat and pressure. They provide beautiful and aesthetic look to all the kinds of infrastructures like educational institutes, offices, commercial complexes, restaurants, hospitals, etc. They come in large varieties and hold several properties like water resistant, easy maintenance, microbe resistant, durable and customizable.

Decorative laminates market is witnessing growth owing to the factors like expansion in the demand for cabinets and furniture and ready-to-assemble floorings. Moreover, enhanced properties like being chemical resistant, scratch resistant, and anti-microbial are accelerating the demand for decorative laminates. Furthermore, research and development initiatives for more innovations are stimulating the manufacturers to focus on (NPDs) new product developments. However, decorative laminates market is hampered by easy availability of substitute products.

The manufacture of environment-friendly laminates is offering new opportunities in decorative laminates market. This will not only increase the variety of the product but also the players will be able to increase their customer base.

Decorative laminates market is categorized on the basis of manufacturing process, application, end user and geography. On the basis of manufacturing process, the market is divided into (HPDL) high-pressure the market (HPDL) and (LPDL) low-pressure decorative laminates market. High pressure decorative laminates are expected to lead the market owing to its overabundance of elements.

On the basis of application, decorative laminates market is divided into furniture, cabinet, flooring, and others (wall panel, table top, counter top, etc.). Furniture, followed by cabinet segments are the fastest growing segment due to increase in demand for various applications. Based on end user, decorative laminates market is split into residential and non-residential. Non-residential is further divided into hospitals, restaurants, educational institutes, theatres, etc.   Non-residential segment is expected to lead the market due to increasing infrastructural activities worldwide.

Geographically, decorative laminates market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific is anticipated to dominate the market owing to the increasing disposable income of consumers and rise in demand from the non-residential segment.

The leading players in decorative laminates market are Abet Laminati S.p.a, Fletcher Building limited, Omnova solutions incorporations, Panolam Industries International, Inc., Kingboard Chemical Holdings Ltd, Merino Group, Wilsonart International Inc., FunderMax GmbH, Wilsonart International, Roseburg Forest Products, Formica Group and Stylam Industries Limited.

Global decorative laminates market is anticipated to grow at a CAGR of 5.54% by 2023, according to a new report published by Gen Consulting Company. The report segments the market and forecasts its size, by volume and value, on the basis of application, by products, and by geography (North America, Europe, Asia-Pacific, MEA and South America).

The Global Market for decorative laminates to 2023 offers detailed coverage of decorative laminates industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading decorative laminates producers to provide exhaustive coverage of the decorative laminates.

Report contents include
- Analysis of the decorative laminates market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on decorative laminates including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
- Wilsonart
- FRiTZ EGGER
- Broadview Holding
- Fletcher Building
- Arclin
- Funder America
- OMNOVA Solutions incorporation
- Panolam industries internationals
- request free sample to get a complete list of companies