Decorative Laminates Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Global decorative laminates market is witnessing remarkable growth due to various factors such as the escalating use of high-pressure laminates and the advent of digital laminates. This growth is particularly pronounced in developing countries like India and China in the Asia Pacific region, where factors like rapid population increase and economic expansion are bolstering per capita income and disposable income. Consequently, there is a surge in spending on home interiors, directly contributing to the expansion of the decorative laminates market in the region. Additionally, the increasing adoption of ready-to-assemble floorings, furniture, and cabinets is expected to further drive the demand for high-pressure laminates. Moreover, advancements in functional properties such as scratch resistance and anti-microbial properties are fueling the growth of high-pressure laminates. Furthermore, manufacturers are focusing on research and development to innovate and produce eco-friendly decorative laminates, thereby tapping into new market opportunities.

Market Dynamics

High Pressure Laminates: A Driving Force

The demand for high-pressure laminates is escalating due to their advanced functional properties such as scratch resistance, chemical resistance, and anti-microbial properties. Furthermore, the increasing utilization of ready-to-assemble floorings, furniture, and cabinets is expected to sustain the demand for high-pressure laminates in the foreseeable future. Manufacturers are actively engaging in research and development to innovate and develop newer and more advanced products. Additionally, the manufacturing of eco-friendly decorative laminates presents lucrative growth opportunities for manufacturers to enhance their market share.

Digital Laminates: Customization Redefined

Digital laminates have revolutionized the decorative laminates market by offering customization options according to individual consumer needs. With the utilization of cutting-edge technologies, designers can now transfer their concepts digitally, enabling the production of custom-designed laminates. These laminates find applications in various areas such as walls, furniture, exhibition stalls, and doors, offering versatility and aesthetic appeal.

Market Growth in Developing Regions

Developing regions such as India and China in the Asia Pacific region are witnessing significant growth in the decorative laminates market. Factors such as rapid population growth, economic expansion, and increasing disposable income are driving the demand for decorative laminates in these regions. The growing spending ability on home interiors is propelling market growth, particularly in the furniture and cabinets segment.

Market Segmentation

Product Type:

Low Pressure Laminates

Paper

Films and Foils

High Pressure Laminates

Edge Banding

By Application:

Furniture and Cabinets

Flooring

Wall Panel

Others

By Region:

North America

Latin America

Europe

Asia Pacific (APAC)

Middle East and Africa (MEA)

Key Insights

Furniture and Cabinets Segment Dominance

The furniture and cabinets segment is estimated to dominate the global decorative laminates market and is expected to witness significant growth in the forecast period. Factors such as the growing demand for ready-to-assemble furniture and cabinets, coupled with advancements in functional properties of laminates, are driving the growth of this segment.

Sustainable Growth in Sales

The global decorative laminates market is expected to witness sustainable growth in sales, driven by strong acceptance in the global market.

1. Executive Summary

1.1. Global Decorative Laminates Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Decorative Laminates Market Outlook, 2018 - 2031

3.1. Global Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Plastic Resins
  - 3.1.1.2. Overlays
  - 3.1.1.3. Adhesives
  - 3.1.1.4. Wood Substrate
3.2. Global Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. General Purpose
  - 3.2.1.2. Postforming
  - 3.2.1.3. Special Products
  - 3.2.1.4. Backer
3.3. Global Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Cabinets
  - 3.3.1.2. Furniture
  - 3.3.1.3. Flooring Table top
  - 3.3.1.4. Counter top Wall panels
3.4. Global Decorative Laminates Market Outlook, by Region, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. North America
  - 3.4.1.2. Europe
  - 3.4.1.3. Asia Pacific
  - 3.4.1.4. Latin America
  - 3.4.1.5. Middle East & Africa

4. North America Decorative Laminates Market Outlook, 2018 - 2031

4.1. North America Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Plastic Resins
  - 4.1.1.2. Overlays
  - 4.1.1.3. Adhesives
  - 4.1.1.4. Wood Substrate
4.2. North America Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. General Purpose
  - 4.2.1.2. Postforming
  - 4.2.1.3. Special Products
  - 4.2.1.4. Backer
4.3. North America Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Cabinets
  - 4.3.1.2. Furniture
  - 4.3.1.3. Flooring Table top
  - 4.3.1.4. Counter top Wall panels
- 4.3.2. BPS Analysis/Market Attractiveness Analysis
4.4. North America Decorative Laminates Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. U.S. Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.2. U.S. Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.3. U.S. Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.4. Canada Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.5. Canada Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 4.4.1.6. Canada Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 4.4.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Decorative Laminates Market Outlook, 2018 - 2031

5.1. Europe Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Plastic Resins
  - 5.1.1.2. Overlays
  - 5.1.1.3. Adhesives
  - 5.1.1.4. Wood Substrate
5.2. Europe Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. General Purpose
  - 5.2.1.2. Postforming
  - 5.2.1.3. Special Products
  - 5.2.1.4. Backer
5.3. Europe Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Cabinets
  - 5.3.1.2. Furniture
  - 5.3.1.3. Flooring Table top
  - 5.3.1.4. Counter top Wall panels
- 5.3.2. BPS Analysis/Market Attractiveness Analysis
5.4. Europe Decorative Laminates Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Germany Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.2. Germany Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.3. Germany Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.4. U.K. Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.5. U.K. Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.6. U.K. Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.7. France Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.8. France Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.9. France Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.10. Italy Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.11. Italy Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.12. Italy Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.13. Turkey Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.14. Turkey Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.15. Turkey Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.16. Russia Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.17. Russia Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.18. Russia Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.19. Rest of Europe Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.20. Rest of Europe Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 5.4.1.21. Rest of Europe Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 5.4.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Decorative Laminates Market Outlook, 2018 - 2031

6.1. Asia Pacific Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Plastic Resins
  - 6.1.1.2. Overlays
  - 6.1.1.3. Adhesives
  - 6.1.1.4. Wood Substrate
6.2. Asia Pacific Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. General Purpose
  - 6.2.1.2. Postforming
  - 6.2.1.3. Special Products
  - 6.2.1.4. Backer
6.3. Asia Pacific Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Cabinets
  - 6.3.1.2. Furniture
  - 6.3.1.3. Flooring Table top
  - 6.3.1.4. Counter top Wall panels
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. Asia Pacific Decorative Laminates Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. China Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.2. China Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.3. China Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.4. Japan Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.5. Japan Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.6. Japan Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.7. South Korea Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.8. South Korea Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.9. South Korea Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.10. India Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.11. India Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.12. India Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.13. Southeast Asia Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.14. Southeast Asia Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.15. Southeast Asia Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.16. Rest of Asia Pacific Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.17. Rest of Asia Pacific Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 6.4.1.18. Rest of Asia Pacific Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Decorative Laminates Market Outlook, 2018 - 2031

7.1. Latin America Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Plastic Resins
  - 7.1.1.2. Overlays
  - 7.1.1.3. Adhesives
  - 7.1.1.4. Wood Substrate
7.2. Latin America Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
7.3. Latin America Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Cabinets
  - 7.3.1.2. Furniture
  - 7.3.1.3. Flooring Table top
  - 7.3.1.4. Counter top Wall panels
- 7.3.2. BPS Analysis/Market Attractiveness Analysis
7.4. Latin America Decorative Laminates Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Brazil Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.2. Brazil Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.3. Brazil Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.4. Mexico Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.5. Mexico Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.6. Mexico Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.7. Argentina Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.8. Argentina Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.9. Argentina Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.10. Rest of Latin America Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.11. Rest of Latin America Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 7.4.1.12. Rest of Latin America Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Decorative Laminates Market Outlook, 2018 - 2031

8.1. Middle East & Africa Decorative Laminates Market Outlook, by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Plastic Resins
  - 8.1.1.2. Overlays
  - 8.1.1.3. Adhesives
  - 8.1.1.4. Wood Substrate
8.2. Middle East & Africa Decorative Laminates Market Outlook, by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. General Purpose
  - 8.2.1.2. Postforming
  - 8.2.1.3. Special Products
  - 8.2.1.4. Backer
8.3. Middle East & Africa Decorative Laminates Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Cabinets
  - 8.3.1.2. Furniture
  - 8.3.1.3. Flooring Table top
  - 8.3.1.4. Counter top Wall panels
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Middle East & Africa Decorative Laminates Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. GCC Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.2. GCC Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.3. GCC Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.4. South Africa Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.5. South Africa Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.6. South Africa Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.7. Egypt Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.8. Egypt Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.9. Egypt Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.10. Rest of Middle East & Africa Decorative Laminates Market by Raw Material, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.11. Rest of Middle East & Africa Decorative Laminates Market by Type, Value (US$ Bn) and Volume (Tons), 2018 - 2031
  - 8.4.1.12. Rest of Middle East & Africa Decorative Laminates Market by Application, Value (US$ Bn) and Volume (Tons), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Application vs by Type Heat map
9.2. Manufacturer vs by Type Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Synthomer plc
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Greenlam Industries Limited
- 9.5.3. Broadview Holding
- 9.5.4. Merino Laminates Ltd.
- 9.5.5. Abet Laminati S.p.A
- 9.5.6. Illinois Tool Works
- 9.5.7. Panolam Industries International
- 9.5.8. Fletcher Building
- 9.5.9. Stylam Industries Ltd.
- 9.5.10. Archidply

10. Appendix

10.1.Research Methodology
10.2.Report Assumptions
10.3.Acronyms and Abbreviations