United States Decorative Laminates Market Trends, Share, Demand, Revenue and Future Outlook
United States Decorative Laminates Market Growth, Size, Trends Analysis- By Product, By Application, By Texture- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Nov-2024 | Report ID: CHEM24114 | Pages: 1 - 105 | Formats*: |
| Category : Chemical & Materials | |||
United States Decorative Laminates Market Introduction and Overview
According to SPER Market Research, the United States Decorative Laminates Market is estimated to reach USD 3.03 billion by 2033 with a CAGR of 4.35%.
The report includes an in-depth analysis of the United States Decorative Laminates Market, including market size and trends, product mix, applications, and supplier analysis. Decorative laminates are laminate sheets intended for use as wall paneling, flooring, and furniture surfaces. They are created by combining brown kraft paper with ornamental printed designs under intense heat and pressure. In comparison to veneer, paint, and other similar coatings, decorative laminates are more affordable, long-lasting, and have a higher aesthetic value. The use of sophisticated production techniques in terms of design, performance, and installation has increased demand for decorative laminates. The most common applications for decorative laminates are as wall paneling or furniture surface materials. They are frequently utilized in furniture designs including shelves, cabinets, doors, and office cubicles because of their aesthetic and protective qualities.
- October 2022; Atlantic Plywood has been appointed by Uniboard Canada as a distributor for Uniboard products in the Midwest region of the United States. Uniboard's Thermally Fused Laminates (TFL) and High Pressure Laminates (HPL) product range will be available in 24 carefully chosen colors.
- August 2022; LL Flooring now has 440 retail sites nationwide after opening three new facilities in Abilene, Texas; Mundelein, Illinois; and Prescott Valley, Arizona.
Market Opportunities and Challenges
Opportunities- The main market trend is the increasing use of RTA flooring, furniture, and cabinetry. The main basic ingredients are chemicals, tissue and Kraft paper for the ornamental layer, and wood logs for the basis. High pressure and heat are applied during the manufacturing process to fuse these materials together, creating a long-lasting and visually appealing product. A lot of plastic products are made with decorative laminates. These laminates have many benefits, including a large selection of patterns and textures, ease of maintenance, and resistance to heat and moisture. The growing need for long-lasting and reasonably priced interior design solutions is predicted to fuel the growth of the decorative laminates market globally. Consequently, these patterns will influence the market's expansion throughout.
Challenges- The main factor impeding market expansion is fierce competition from unorganized firms. Wood logs, which are turned into wood chips or flakes, and chemicals like formaldehyde and methanol, which are used to make adhesives, are the main raw ingredients. These raw materials are applied under low pressure during the manufacturing process to produce a finish that is both long-lasting and aesthetically pleasing. Certain laminates also incorporate plastic materials, such as PVC, to increase their strength and water resistance. Among other things, they are frequently utilized in wall covering, kitchen counters, and furniture. The growing need for affordable and fashionable interior design solutions is predicted to propel the decorative laminates market's growth globally. Therefore, the aforementioned factors will hinder the market's growth.
Market Competitive Landscape
The United States Decorative Laminates Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies in the industry are Abet Laminati, Arauco, Formica Corporation, Greebel Laminates, Laminex, Panolam Industries, Pfleiderer Group, Wilsonart and Others.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product, By Application, By Texture |
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region |
| Companies Covered | Abet Laminati, Arauco, Formica Corporation, Greebel Laminates, Laminex, Panolam Industries, Pfleiderer Group, and Wilsonart. |
COVID-19 Impact on United States Decorative Laminates Market
Numerous sectors have suffered as a result of the COVID-19 epidemic. The United States' lockdown disrupted building and furniture manufacturing, and the supply chain was disrupted by freight traffic restrictions. But in 2021, things began to improve, and the market's upward trajectory was resumed. Manufacturers also adjusted by strengthening the robustness of their supply chains and putting new health and safety procedures into place. Innovations in sustainability and design consequently surfaced, enabling businesses to better satisfy changing customer demands.
Key Target Audience:
- Architects
- Interior Designers
- Furniture Manufacturers
- Contractors and Builders
- Retailers
- Distributors
- End Consumers (Homeowners and Businesses)
- OEMs (Original Equipment Manufacturers)
Our in-depth analysis of the United States Decorative Laminates Market includes the following segments:
| By Product: | |
| By Application: | |
| By Texture: |
Key Topics Covered in the Report:
- United States Decorative Laminates Market Size (FY’2024-FY’2033)
- Overview of United States Decorative Laminates Market
- Segmentation of United States Decorative Laminates Market By Product (Low-pressure Laminates, High-pressure Laminates, Others)
- Segmentation of United States Decorative Laminates Market By Application (Flooring, Furniture & Cabinets, Wall Panels)
- Segmentation of United States Decorative Laminates Market By Texture (Glossy, Matte/Suede)
- Statistical Snap of United States Decorative Laminates Market
- Expansion Analysis of United States Decorative Laminates Market
- Problems and Obstacles in United States Decorative Laminates Market
- Competitive Landscape in the United States Decorative Laminates Market
- Impact of COVID-19 and Demonetization on United States Decorative Laminates Market
- Details on Current Investment in United States Decorative Laminates Market
- Competitive Analysis of United States Decorative Laminates Market
- Prominent Players in the United States Decorative Laminates Market
- SWOT Analysis of United States Decorative Laminates Market
- United States Decorative Laminates Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the United States Decorative Laminates Market.
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United States Decorative Laminates Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United States Decorative Laminates Market
7. United States Decorative Laminates Market, By Product (USD Million) 2020-2033
7.1. United States Decorative Laminates Market Size, Share and Forecast, By Product, 2020-20267.2. United States Decorative Laminates Market Size, Share and Forecast, By Product, 2027-20337.3. Low-pressure Laminates7.4. High-pressure Laminates7.5. Others
8. United States Decorative Laminates Market, By Application (USD Million) 2020-2033
8.1. United States Decorative Laminates Market Size, Share and Forecast, By Application, 2020-20268.2. United States Decorative Laminates Market Size, Share and Forecast, By Application, 2027-20338.3. Flooring8.4. Furniture & Cabinets8.5. Wall Panels8.6. Others
9. United States Decorative Laminates Market, By Texture (USD Million) 2020-2033
9.1. United States Decorative Laminates Market Size, Share and Forecast, By Texture, 2020-20269.2. United States Decorative Laminates Market Size, Share and Forecast, By Texture, 2027-20339.3. Glossy9.4. Matte/Suede
10. United States Decorative Laminates Market Forecast, 2020-2033 (USD Million)
10.1. United States Decorative Laminates Market Size and Market Share
11. United States Decorative Laminates Market, By Region, 2020-2033 (USD Million)
11.1. United States Decorative Laminates Market Size and Market Share By Region (2020-2026)11.2. United States Decorative Laminates Market Size and Market Share By Region (2027-2033)11.3. United States11.4. Eastern Region11.5. Western Region11.6. Southern Region11.7. Northern Region
12. Company Profile
12.1. Abet Laminati12.1.1. Company details12.1.2. Financial outlook12.1.3. Product summary12.1.4. Recent developments12.2. Arauco12.2.1. Company details12.2.2. Financial outlook12.2.3. Product summary12.2.4. Recent developments12.3. Formica Corporation12.3.1. Company details12.3.2. Financial outlook12.3.3. Product summary12.3.4. Recent developments12.4. Greebel Laminates12.4.1. Company details12.4.2. Financial outlook12.4.3. Product summary12.4.4. Recent developments12.5. Laminex12.5.1. Company details12.5.2. Financial outlook12.5.3. Product summary12.5.4. Recent developments12.6. Panolam Industries12.6.1. Company details12.6.2. Financial outlook12.6.3. Product summary12.6.4. Recent developments12.7. Pfleiderer Group12.7.1. Company details12.7.2. Financial outlook12.7.3. Product summary12.7.4. Recent developments12.8. Wilsonart12.8.1. Company details12.8.2. Financial outlook12.8.3. Product summary12.8.4. Recent developments12.9. Others
13. Conclusion
14. List of Abbreviations
15. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
United States Decorative Laminates Market CAGR of 4.35% during the forecast period.
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United States Decorative Laminates Market is projected to reach USD 3.03 billion by 2033, growing at a CAGR of 4.35% during the forecast period.
United States Decorative Laminates Market grew in Market size from 2024. The Market is expected to reach USD 3.03 billion by 2033, at a CAGR of 4.35% during the forecast period.
United States Decorative Laminates Market size is USD 3.03 billion from 2024 to 2033.
United States Decorative Laminates Market is covered By Product, By Application and By Texture
The North America is anticipated to have the highest Market share in the United States Decorative Laminates Market.
The Key players in the Market include Companies Covered Abet Laminati, Arauco, Formica Corporation, Greebel Laminates, Laminex, Panolam Industries, Pfleiderer Group, and Wilsonart.
The high cost of advanced diabetes drugs and the financial burden of treating diabetes remain major obstacles to market growth, despite the fact that numerous drugs have been approved for the condition and that governments and industry players are launching numerous initiatives.
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