Decorative High Pressure Laminate Trends and Forecast
The future of the global decorative high pressure laminate market looks promising with opportunities in the residential and commercial markets. The global decorative high pressure laminate market is expected to reach an estimated $6.2 billion by 2030 with a CAGR of 3.6% from 2024 to 2030. The major drivers for this market are growing application of this laminates in the building sector and increasing number of homeowners opting for renovations and upgrades to existing home.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Decorative High Pressure Laminate by Segment
The study includes a forecast for the global decorative high pressure laminate by application, end use, and region.
Decorative High Pressure Laminate Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Interior
• Exterior
Decorative High Pressure Laminate Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Others
Decorative High Pressure Laminate Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Decorative High Pressure Laminate Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies decorative high pressure laminate companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the decorative high pressure laminate companies profiled in this report include-
• Greenlam Industries
• Formica
• Stylam Industries
• Merinolaminates
• Pfleiderer
• OMNOVA Solutions
• Wilsonart
• Abet
• Laminati
• Panolam Industries
Decorative High Pressure Laminate Market Insights
Lucintel forecasts that interior will remain the larger segment over the forecast period.
Within this market, residential will remain the larger segment over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Decorative High Pressure Laminate Market
Market Size Estimates: Decorative high pressure laminate market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Decorative high pressure laminate market size by application, end use, and region in terms of value ($B).
Regional Analysis: Decorative high pressure laminate market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the decorative high pressure laminate market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the decorative high pressure laminate market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the decorative high pressure laminate market size?
Answer: The global decorative high pressure laminate market is expected to reach an estimated $6.2 billion by 2030.
Q2. What is the growth forecast for decorative high pressure laminate market?
Answer: The global decorative high pressure laminate market is expected to grow with a CAGR of 3.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the decorative high pressure laminate market?
Answer: The major drivers for this market are growing application of this laminates in the building sector and increasing number of homeowners opting for renovations and upgrades to existing home.
Q4. What are the major segments for decorative high pressure laminate market?
Answer: The future of the decorative high pressure laminate market looks promising with opportunities in the residential and commercial markets.
Q5. Who are the key decorative high pressure laminate market companies?
Answer: Some of the key decorative high pressure laminate companies are as follows:
• Greenlam Industries
• Formica
• Stylam Industries
• Merinolaminates
• Pfleiderer
• OMNOVA Solutions
• Wilsonart
• Abet
• Laminati
• Panolam Industries
Q6. Which decorative high pressure laminate market segment will be the largest in future?
Answer: Lucintel forecasts that interior will remain the larger segment over the forecast period.
Q7. In decorative high pressure laminate market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the decorative high pressure laminate market by application (interior and exterior), end use (residential, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Decorative High Pressure Laminate Market, Decorative High Pressure Laminate Market Size, Decorative High Pressure Laminate Market Growth, Decorative High Pressure Laminate Market Analysis, Decorative High Pressure Laminate Market Report, Decorative High Pressure Laminate Market Share, Decorative High Pressure Laminate Market Trends, Decorative High Pressure Laminate Market Forecast, Decorative High Pressure Laminate Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.