Precision Business Insights has published a report on the global decorative laminates market, estimating its value at USD 10.15 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/decorative-laminates-market
The Decorative Laminates Market is the industry that manufactures and distributes surface materials that improve the visual appeal and durability of furniture, cabinetry, wall panels, flooring, and other interior elements. These laminates are normally created by gluing layers of paper or fabric with resins using heat and pressure, resulting in either high-pressure laminates (HPL) or low-pressure laminates.
Drivers:
- Growth in Modular Furniture: Rising demand for lightweight, customizable furniture in urban homes and offices
- Urbanization & Construction Boom: Expanding residential and commercial construction, especially in Asia-Pacific
The global decorative laminates market segmentation:
1) By Raw Material: Plastic Resin, Overlays, Adhesives, Wood Substrate
2) By Product Type: Paper, Films and Foils, High Pressure Laminates, Edge Banding, Cabinets
3) By Application: Flooring, Wall Panels, Countertops, Furniture, Tabletops
4) By End- Users: Residential, Non- Residential, Transportation
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Regional Overview:
The report also examines the current concerns and their Future Effects on the decorative laminates market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the decorative laminates market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Wilsonart LLC, FunderMax GmbH, Abet Laminati S.p.A, Greenlam Industries Limited, Archidply Industries, Merino Laminates (Merino Group), Panolam Industries International, Inc., OMNOVA Solutions Inc, Roseburg Forest Products Co, Stylam Industries Ltd.
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