The global decorative laminates market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. Decorative laminates have become a growing application in commercial spaces due to their durability, versatility, and aesthetic appeal. In modern office spaces, decorative laminates are commonly used as a surfacing material for office furniture such as desks, tables, and cabinets. The durability of the laminates means that they can withstand heavy use and are easy to clean, making them ideal for busy work environments. Retail spaces also use decorative laminates as a surfacing material for shelves, counters, and displays. They can be custom-made to match the branding and aesthetic of the store, and their durability makes them suitable for high-traffic areas.
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In restaurants, decorative laminates are a popular choice for tables, bar tops, and other surfaces. They are easy to clean and can be produced in a variety of designs, allowing restaurants to create a unique and inviting atmosphere. Thus, the market players are coming up with new launches and solutions to meet industry-specific demand. For instance, in July 2019, Panolam launched the healthcare collection, a line of technically innovative and design-driven high-pressure laminate products from the company’s Pionite, Nevamar, and Inspira lines. The healthcare collection features smaller-scaled abstract design components and neutral-colored patterns that improve the surroundings healthcare environment.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Decorative Laminates Market Report Segment
By Product Type
- High Pressure Laminates
- Low Pressure Laminates
By Application
- Walls
- Flooring
- Furniture
- Cabinets
By End-Use
- Residential
- Commercial
Global Decorative Laminates Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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