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.

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.

Also, the expansion of market players over different regions to increase the consumer base of the company is anticipated to drive the global demand for decorative laminates. For instance, in May 2021, Wilsonart acquired Flagg Incorporated, a leading wholesale distributor of decorative laminates to the building and remodeling industry. Flagg, based in Cincinnati, distributes supplies and services for the cabinet-making industry, including engineered decorative laminates, boards, hardware, and components. By expanding Wilsonart's footprint in the Midwest, this strategic acquisition represents significant growth potential for the company.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-

By Product Type
By Application
By End-Use
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Greenlam Industries Ltd., Merino Laminates Ltd., OMNOVA Solutions Inc., FunderMax, and Wilsonart LLC among others.
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
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Decorative Laminates Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

Abet Laminati S.p.A.
AICA Laminates India Pvt. Ltd.
Airolam decorative laminates
Archidply
Bell Laminates
Broadview Holding (Formica Group)
Fletcher Building
FunderMax
Greenlam Industries Ltd.
Kronoplus Ltd.
Merino Laminates Ltd
OMNOVA Solutions Inc.
Panolam Industries International, Inc.
Stylam Pvt. Ltd.
Wilsonart LLC.
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