Market Insights:
Laminates are available either for decorative purpose or for
industrial use. Standard laminates are used in normal applications. Whereas,
post formable laminates are used in kitchens and offices where a neater look is
required, and in places like hospitals and restaurants anti-bacterial laminates
are used, where hygiene is extremely important. Moreover, the increased
durability, cost efficiency and fewer requirements of skilled labors for
installation are some of the factors which are driving the market for
decorative laminates. Growth in rebounding construction activity, increased
interest in home improvements, and pent-up demand for non-residential upgrades
will provide opportunities for decorative laminates market.
The report has analyzed the market based on the three
segments: material, product, and application in the regions of North America,
Europe, APAC and rest of the world. On the basis of product it includes high
pressure laminates, low pressure laminates, edge banding. High-pressure
laminates are high-priced and more durable and expected to increase the growth
of the decorative laminates market. On the basis of material it is segmented as
plastic, paper and vinyl. Additionally on the basis of application it is
segmented as residential construction and non-residential construction.
Furniture is referred as largest and fastest growing market
due to changing preferences towards furniture and aesthetic values. The scope
of the market has widened over many years owing to the flourishing markets of
Asia pacific.
Asia pacific will be the largest market Asia pacific is dominating the market
for decorative laminates. Increase in purchasing power coupled with growth in
residential and non-residential construction are some of the factors which will
boost the market demand. Emerging economies such as China and India acts as the
most promising market as well as manufacturing capacity for laminated boards
continues to expand and acts as a major factor for the growth of the market.
Rapid industrialization and increasing trend for customized and attractive
interior in homes and offices is anticipated to fuel the decorative laminates
market.
Ask
for your specific company profile and country level customization on reports. FunderMax (Austria), Kingboard
Laminates Holdings Limited(Hong Kong), ronotex GmbH & Co.(U.S.), Kronospan
Holdings Limited(Austria), Advanced Technology Inc.(U.S.), Armstrong World
Industries Inc.(U.S.), Roseburg Forest Products Company(U.S.), Woodcraft
Industries Incorporated(U.S.)
This research report
has provides the insights, on various levels of analyses such industry
analysis, market share analysis leading market players and their profiles. This
report also helps in studying the target segments by providing views on
emerging & high-growth segments and market conclusion. Together the market
data comprise and discuss with the basic assessments on the competitive
scenarios & strategies, of the global decorative laminates, including the
high-growth regions, countries and their political, economic and technological
environments. Furthermore the project report also provides the views over the
historical market values as well as, pricing and cost analysis of the same.
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